Jim Cramer Put These 14 Stocks Under the Microscope

12. Iron Mountain Incorporated (NYSE:IRM)

Number of Hedge Fund Holders: 40

When a caller inquired about Iron Mountain Incorporated (NYSE:IRM) during the lightning round, Cramer commented, “No, not a fan. Yield too low. Not there.”

Iron Mountain (NYSE:IRM) provides solutions that help organizations manage, protect, and transform their information and assets across physical and digital formats. On May 27, as Barclays revised its models for the data center group, the firm raised its price target on the stock to $121 from $118 and maintained an Overweight rating. However, Cramer showed bearish sentiment toward the company earlier in May as he commented:

“No. Better places to be, better places to be. You know, like we have Kimco on tonight, give you a better yield. I think that’s a better place to go.”