We recently published an article titled Did Jim Cramer Get These 10 Predictions Right or Wrong? In this article, we are going to take a look at where Pure Storage, Inc. (NYSE:PSTG) stands against the other stocks Jim Cramer recently talked about.
During the most recent episode of Mad Money, which aired on Monday, the 12th of May, Jim Cramer discussed the recent market rally and encouraged his viewers to stay invested. He also emphasized the importance of earnings, saying:
“Earnings matter again, okay? That’s what happened last night when the United States and China reached an agreement, however temporary, to hold off trade armageddon. The rollback of the exorbitant tariffs to much more reasonable levels caused the stock market to explode.”
READ ALSO: Jim Cramer’s 9 Failed Predictions From 12 Months Ago AND Jim Cramer Nailed These 12 Stock Predictions
Although Cramer was happy about the market’s recovery, he reminded his viewers that the S&P 500 is still flat on a year-to-date basis and discussed how other regions are doing:
“Now don’t get me wrong, I’m glad it happened, but I just spent a week in Europe, and it is stunning how much better the markets are doing over there.”
His final reminder was for his viewers to just stay invested in the market and avoid trying to time the market, saying:
“Bottom line: It’s better to stay in, stay on, and let her ride than to try to pick the perfect moment to trade in and out and in and out of the stock market. By the way, that’s not much of a strategy. It’s more of a game of chicken where there are no winners, just losers who think they are smarter than the average bear.”
Our Methodology
For this article, we compiled a list of 10 stocks that were discussed by Jim Cramer during the Mad Money episode that aired on the 13th of May 2024. We then calculated their performance for the past 12 months, until May 13th, 2025, market close. We have also included the hedge fund sentiment for the stocks, which we sourced from Insider Monkey’s Q4 2024 database of over 900 hedge funds. The stocks are listed in the order that Cramer mentioned them.
Please note that this article mentions Jim Cramer’s previous opinions and may not account for any changes to his opinions regarding the stocks that are mentioned. It is primarily an examination of how his previously provided opinions have panned out.
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).
A closeup of a computer monitor displaying a complex software interface used in data protection services.
Pure Storage, Inc. (NYSE:PSTG)
Number of Hedge Fund Holders: 30
A viewer asked about Pure Storage, Inc. (NYSE:PSTG), and Cramer contrasted it with Confluent, which he had just discussed in that older episode. He praised the company for finally executing well at the time after years of struggle back then:
“Yeah, this is a — this is a fabulous company. It’s funny, because the previous stock was one where I said, ‘get it together, it could be huge, if not otherwise.’ Well, this company struggled to get it together for years, and they have gotten together now. And I have to hand it to them — they stuck with it. And enterprise storage solution — I typically don’t recommend them — I do like Pure Storage.”
But the turnaround was mild at best, with the stock gaining only 1.45% since.
Pure Storage, Inc. (NYSE:PSTG) is an enterprise data storage company that provides flash-based storage hardware and software solutions for businesses.
Overall PSTG ranks 2nd on our list of the stocks Jim Cramer recently discussed. While we acknowledge the potential of PSTG as an investment, our conviction lies in the belief that some 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 PSTG but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
