Jim Cramer Shed Light on These 15 Stocks

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4. Snowflake Inc. (NYSE:SNOW)

Number of Hedge Fund Holders: 94

Snowflake Inc. (NYSE:SNOW) is one of the stocks Jim Cramer shed light on. A caller asked if they should trim or sell their position in the stock, and Cramer commented:

“Okay, Snowflake. Well, Sridhar Ramaswamy came on our show and broke the story of that much better than expected quarter, and I say you just hold onto this. There’s going to be ups and downs. Maybe it takes a little fluff out of it, but Sridhar is good for it, and I think that could be a great long-term position. I like the stock of Snowflake.”

Snowflake Inc. (NYSE:SNOW) provides a cloud platform that helps organizations bring all their data together, analyze it, build applications, and share insights easily. The company uses AI to help solve real business problems. In a June episode, when a caller inquired about the stock, Cramer responded:

“Oh, Snowflake…. I mean, it is just, you know, I was thinking about this, but Ramaswamy first comes in, not sure, then he takes off, and why? Because the guy is cerebral, and he’s got a real good closing sense. And man, does he ever have momentum? He is project momentum.”

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