Jim Cramer Listed 20 Best Performing Stocks of the Last 20 Years

5. Texas Pacific Land Corporation (NYSE:TPL)

Number of Hedge Fund Holders: 28

While Cramer recognized that Texas Pacific Land Corporation (NYSE:TPL) is great, he emphasized that he would not recommend the company right now.

“Fifth place, odd one, Texas Pacific Land Corporation, up nearly 13,000% since we first went on air. It’s a fun story with its origins dating back to the 1800s when a planned railroad line went bankrupt, and the only remaining asset for creditors to take was some land in western Texas. Turns out it was very valuable land sitting on vast reserves of oil and gas. These days, Texas Pacific simply leases its land holdings to oil and gas-related companies or pipeline operators. It’s a great business, but it’s not necessarily one that I want to recommend, with West Texas Crude sinking to $60 a barrel today [Don’t buy, don’t buy, don’t buy].”

Texas Pacific Land (NYSE:TPL) works in land and resource management. The company also provides water services, leases property, and sells materials.