Jim Cramer Shared His Thoughts on These 16 Stocks

11. Rio Tinto Group (NYSE:RIO)

Number of Hedge Fund Holders: 37

Rio Tinto Group (NYSE:RIO) is one of the stocks Jim Cramer shared his thoughts on. Answering a caller’s query about the stock during the lightning round, Cramer said:

I have liked Rio… I used to call it, let’s put it this way, I like Rio so much, even from when I was at Goldman Sachs in the 80s, and I just think you should just go in and own it. I just think it’s a great hedge against all the chaos that we see in the world.

Rio Tinto Group (NYSE:RIO) is a mining company that extracts and processes different resources, including iron ore, aluminum, copper, gold, and minerals like lithium and borates. Cullen Capital Management, LLC stated the following regarding Rio Tinto Group (NYSE:RIO) in its third quarter 2025 investor letter:

Our position in Rio Tinto Group (NYSE:RIO) was sold in the quarter. As the world’s largest producer of iron ore and one of the largest producers of aluminum, copper, and other commodities that are vital to global GDP growth, Rio Tinto has strong long-term growth potential. However, we exited the position due to a number of challenges in the near and medium term, including a potential state of global oversupply of iron ore, which could lead to declining prices in the coming quarters and years. Additionally, with over half of total company revenue from China, declining iron ore demand from the Chinse construction and property sectors could continue to weigh on sales.