Jim Cramer Shed Light on These 9 Stocks

3. Loews Corporation (NYSE:L)

Number of Hedge Fund Holders: 34

Loews Corporation (NYSE:L) is one of the stocks Jim Cramer shed light on. Cramer highlighted the company’s valuation and earnings growth, as he stated:

“Good opportunity here… This is an enigma. It’s the only company in the S&P 500 that has zero analyst coverage… Lately, the company’s been doing a great job of growing intrinsic value because its two largest businesses, CNA Financial, Boardwalk Pipelines, they’ve basically been printing money… Loews trades at roughly 16.5 times last year’s earnings. That’s pretty reasonable, especially compared to the S&P 500. But some people think it’s trading at 28 times last year’s earnings.

I prefer to use a forward valuation based on future earnings estimates, but there’s no analyst coverage here. Still, though, through the first nine months of 2025, Loews put up 8.8% earnings growth. If they can keep that up in the fourth quarter, they’ll make just under seven bucks, $7 per share. That means the stock’s trading at just roughly 15 times in my back-of-the-envelope earnings estimate, and that is really cheap…

So here’s the bottom line in this story that is not exciting and I don’t care: It’s easy to see why Loews keeps making the new high list that I like and is exciting, and I do care, even though it doesn’t get as much attention. Their core insurance business is doing great, and the second most important business, Boardwalk Pipelines’ really coming… [into] its own. Meanwhile, the secret sauce here is that the company steadily buys back shares, one reason the stock’s still so darn cheap even after a big run. And that’s why I still very much like Loews, letter L, here, and if you come back next year at this time, I’ll probably like it even more.”

Loews Corporation (NYSE:L) is a diversified holding company with businesses in commercial insurance, energy transport, hotels, and plastics manufacturing.