Jim Cramer Recently Discussed These 8 Stocks

6. Dover Corporation (NYSE:DOV)

Number of Hedge Fund Holders: 47

Dover Corporation (NYSE:DOV) is one of the stocks Jim Cramer recently discussed. During the episode, a caller asked if they should add to or reduce their position in the stock. Cramer replied:

“Okay, so Jeff Marks and I talk… about this stock a lot. It’s been very disappointing. I don’t think it should be disappointing. The company’s very well run. It’s got a lot of firepower to be able to do a buyback. I think you should buy more. We were tempted to buy more. We actually just did some last week for the Charitable Trust. Jeff Marks and I are reluctant to buy even more right here. But I do think it’s in very good shape.”

Dover Corporation (NYSE:DOV) designs and manufactures specialized equipment, components, and software solutions. In addition, it provides fluid handling, refrigeration, marking, and automation technologies. Cramer suggested buying the company’s stock during the June 3 episode, as he said:

“I look wrong right now on Dover for the club… but I think I’m going to be right. Why? Because I think that Tobin is very smart, the CEO and the stock should never have been thrown back, 19 times earnings. It even went down when steel tariffs went on. I say enough is enough. Buy Dover right now, tomorrow morning.”