We recently published a list of 8 Stocks on Jim Cramer’s Radar Recently. In this article, we are going to take a look at where Abercrombie & Fitch Co. (NYSE:ANF) stands against other stocks on Jim Cramer’s radar recently.
On Tuesday’s episode of Mad Money, Jim Cramer discussed how stock ownership is viewed in the United States.
“Alright, look, lately, we can’t go a day without hearing some widespread misperceptions about stock ownership. I gotta tell you, I think it’s infuriating. Here we are celebrating the 20th anniversary of Mad Money, dedicated to the proposition that you can potentially make lots of money by picking individual stocks, yet I keep hearing that most Americans don’t care about the stock market, and this direction means nothing.”
READ ALSO: Jim Cramer Listed 20 Best Performing Stocks of the Last 20 Years and Jim Cramer Recently Discussed These 9 Stocks.
Cramer pushed back against the notion that only the wealthy care about or benefit from the stock market. He argued that the perception is not only wrong but dismissive of the millions of everyday people with financial stakes in the market. Moving on to stock ownership, he mentioned that, “It’s the whole reason anyone watches the darn show, and it generally matters, not just to the rich, but to tens of millions of regular people, home gamers, and never let any politician tell you otherwise.” He added:
“More than 60% of Americans have some exposure to the market, either directly or indirectly. 70 million people have active 401Ks. Millions more have retired with them. 60 million people have IRAs. Only 156 million people voted in November. I mean, we’re talking half the electorate here.”
Cramer insisted that shareholders form a significant constituency in this country and deserve to be recognized as such. He mentioned that “It’s not just arrogant, rich people who own stocks.” He also criticized wealthy individuals who publicly warn others about the risks of stock investing while still taking advantage of its tax benefits themselves. He added:
“Now look, stocks are ridiculously tax advantaged, more than just rich people want that. In a world where probably no more than 10% of this country can retire on their paycheck savings, stocks represent a different kind of social security, a one-sided pack where people try to save and the government dismisses them.”
Our Methodology
For this article, we compiled a list of 8 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on April 29. We listed the stocks in ascending order of their hedge fund sentiment as of the fourth quarter of 2024, which was taken from Insider Monkey’s database of over 1,000 hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
Abercrombie & Fitch Co. (NYSE:ANF)
Number of Hedge Fund Holders: 51
While mentioning that the stock might be undervalued, a caller inquired about Abercrombie & Fitch Co. (NYSE:ANF). Here’s what Cramer had to say:
“You know what, I’ve got to see what they look like in a tariffed world… because I don’t know exactly how much of their stuff is going to have to go up in price. The stock is reflecting a lot of that, but you’re right, it’s six times earnings. But you and I both know six times earnings means usually that the earnings are too high. But it’s 65 bucks, $3.3 billion company. I think you can pick up a little, but then wait.”
Abercrombie & Fitch (NYSE:ANF) is a retail company that sells clothing, accessories, and personal care products through different channels. The company offers its items under brand names like Abercrombie & Fitch, abercrombie kids, Hollister, and Gilly Hicks. Earlier in March, on Squawk on the Street, Cramer commented:
“I thought Abercrombie, it had some good things to say, but overall they didn’t… We are Carl, without a doubt, getting to this moment where you have for retail, I don’t wanna call it existential, but you do have a situation where they had a good quarter but they can’t assess the tariffs. They can’t assess the weakness. They’re all worried about, jobs. And Abercombie and Fitch, by the way, is a very, very good company. Very good company. Reports a quarter that looks okay if you read everything you’d say okay but little, little worried about what’s going to happen with tariffs. And people just take it out and they shoot it. Now one of these like, you know, Best Buy yesterday’s guide, they have 60% China 20% Mexico so we get that. But this is a good company that was on a huge winning streak but now it’s so despised. When you mention to me what could happen down the road after the President’s done with this part of the agenda. You know you look at this and you’ll say how did that get there. But right now you just can’t look at it. You just say, I can’t buy Abercrombie. And it’s rather amazing because boy they were on a hot streak… And a lot of people felt that last dip was buyable and that was clearly not the case.”
Overall, ANF ranks 3rd on our list of stocks on Jim Cramer’s radar recently. While we acknowledge the potential of ANF as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than ANF but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.