Jim Cramer Just Turned Bullish on These 5 Stocks

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In this article, we discuss the 5 stocks that Jim Cramer just turned bullish on. If you want to read about some stocks in the Cramer portfolio, go directly to Jim Cramer Just Turned Bullish on These 10 Stocks.

5. Archer-Daniels-Midland Company (NYSE:ADM)

Number of Hedge Fund Holders: 42 

Archer-Daniels-Midland Company (NYSE:ADM) makes and sells agricultural commodities and related products. In early September, Jim Cramer said that the firm was a “conservative, decent stock” and that he liked it as a play on supply chain disruptions. He added that the stock was on the road to recovery from a mid-July bottom as crop prices rebounded. 

On August 12, Wolfe Research analyst Sam Margolin initiated coverage of Archer-Daniels-Midland Company (NYSE:ADM) with an Outperform rating and a price target of $117, noting the stock offered highly competitive dividend growth. 

At the end of the second quarter of 2022, 42 hedge funds in the database of Insider Monkey held stakes worth $658 million in Archer-Daniels-Midland Company (NYSE:ADM), the same as in the preceding quarter worth $625 million. 

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