Jim Cramer Says Do Not Buy These 5 Stocks

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This article presents an overview of the Jim Cramer Says Do Not Buy These 5 Stocks. For a detailed overview of such stocks, read our article, Jim Cramer Says Do Not Buy These 11 Stocks.

5. Scotts Miracle-Gro Co (NYSE:SMG)

Number of Hedge Fund Investors: 30

Cramer was recently asked about lawn, garden and pest control products company Scotts Miracle-Gro Co (NYSE:SMG). Cramer said he uses Scotts Miracle-Gro Co’s (NYSE:SMG) products but he cannot recommend the stock because if the weather is not good the company does not perform well.

Earlier this month Scotts Miracle-Gro Co (NYSE:SMG) posted fiscal Q1 results. Adjusted EPS in the period came in at -$1.45, surpassing estimates by $0.02. Revenue fell 22.% year over year, missing estimates by $2.38 million.

As of the end of the fourth quarter of 2023, 30 hedge funds tracked by Insider Monkey had stakes in Scotts Miracle-Gro Co (NYSE:SMG).

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