Jim Cramer Says You Should Sell These 5 Stocks

In this article, we discuss the 5 stocks that Jim Cramer says you should sell. If you want to read about some more stocks that Cramer is bearish on, go directly to Jim Cramer Says You Should Sell These 10 Stocks. 

5. NortonLifeLock Inc. (NASDAQ:NLOK)

Number of Hedge Fund Holders: 36 

NortonLifeLock Inc. (NASDAQ:NLOK) provides cyber safety solutions. Cramer was bearish on the stock during the Lightning Round of his show on April 12. The Mad Money stock screener reveals that the journalist investor has a Sell rating on the stock.

On March 29, Morgan Stanley analyst Hamza Fodderwala downgraded NortonLifeLock Inc. (NASDAQ:NLOK) stock to Equal Weight from Overweight with a price target of $28, noting that “slowing sales and the macro environment” suggested downside risk for the revenue estimates of the company in the coming months.

At the end of the fourth quarter of 2021, 36 hedge funds in the database of Insider Monkey held stakes worth $1.3 billion in NortonLifeLock Inc. (NASDAQ:NLOK), up from 34 in the previous quarter worth $1.2 billion.