Jim Cramer is Bearish on These 5 Stocks

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This article presents an overview of Jim Cramer is Bearish on These 5 Stocks. For a detailed overview of such stocks, read our article Jim Cramer is Bearish on These 12 Stocks.

5. Robinhood Markets Inc (NASDAQ:HOOD)

Number of Hedge Fund Investors: 28

Jim Cramer was recently asked about his thoughts on Robinhood Markets Inc (NASDAQ:HOOD). Cramer said Robinhood Markets Inc’s (NASDAQ:HOOD) platform has “too much exposure” to options and Bitcoin. Cramer said Robinhood Markets Inc (NASDAQ:HOOD) should have more exposure to “basic customers.” He recommended the questioner to buy Charles Schwab instead.

As of the end of the third quarter of 2023, 28 hedge funds out of the 910 funds tracked by Insider Monkey had stakes in Robinhood Markets Inc (NASDAQ:HOOD). The most notable hedge fund stakeholder of Robinhood Markets Inc (NASDAQ:HOOD) during this period was Catherine D. Wood’s ARK Investment Management which owns a $322 million stake in Robinhood Markets Inc (NASDAQ:HOOD).

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