Jim Cramer on Q3 Noteworthy Stocks: 10 Stocks in Focus

4. Paramount Skydance Corporation (NASDAQ:PSKY)

Number of Hedge Fund Holders: N/A

Paramount Skydance Corporation (NASDAQ:PSKY) is one of the noteworthy Q3 stocks Jim Cramer was focused on. Cramer pointed out the company as one the the best performers of the quarter, as he commented:

“We’ve heard it (WBD) could be getting a big bid from the fifth-best performer, Paramount Skydance… Paramount’s run by David Ellison. He’s the son of the second-richest man in the world, Larry Ellison, founder of Oracle. I think you could combine the two entertainment companies, create an unrivaled studio business, and maybe… spin off the rest into another business itself, which I don’t know, could combine with another legacy TV company that’s out there.”

Paramount Skydance Corporation (NASDAQ:PSKY) is a media and entertainment company that operates broadcast and cable networks, streaming platforms, and television studios. The company also produces and distributes films, series, and digital content. On September 29, the company announced its long-term media rights deal with TKO Group, making Paramount+ the exclusive streaming home of Zuffa Boxing in the U.S., Canada, and Latin America beginning January 2026. The agreement will launch with 12 live cards in its first year, with plans for expansion.