Jim Cramer Recommends Selling These 5 Stocks

2. Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR)

Number of Hedge Fund Holders: 33

Jim Cramer in October made bearish comments about Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR). Cramer said that Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) has “run too much for me, even though it sells at six times earnings.”

Earlier this month Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) posted Q3 results. Net income in the quarter came in at $5.46 billion. Revenue in the period fell 21.2% year over year to $25.55 billion, missing estimates by $410 million.