Jim Cramer Says You Should Stay Away from These 5 Stocks

4. JetBlue Airways Corporation (NASDAQ:JBLU)

Number of Hedge Fund Investors: 20

Jim Cramer was recently asked about his thoughts on JetBlue Airways Corporation (NASDAQ:JBLU). Cramer, who’s been bearish on airlines stocks over the past few months, said airline stocks should have been making “a lot more money.”

Cramer said he will not “start inventing reasons why we should own them”

As of the end of the third quarter of 2023, 20 hedge funds had stakes in JetBlue Airways Corporation (NASDAQ:JBLU), according to Insider Monkey’s database of 910 hedge funds. The most notable hedge fund stakeholder of JetBlue Airways Corporation (NASDAQ:JBLU) during this period was Ken Griffin’s Citadel Investment Group which owns a $13.8 million stake.