Jim Cramer Stock Portfolio: 5 Recent Additions

In this article, we discuss the 5 recent additions to the stock portfolio of Jim Cramer. If you want to read our detailed analysis of these stocks, go directly to the Jim Cramer Stock Portfolio: 10 Recent Additions.

5. DICK’S Sporting Goods, Inc. (NYSE:DKS)

Number of Hedge Fund Holders: 36  

DICK’S Sporting Goods, Inc. (NYSE:DKS) is another sporting goods retailer that Cramer has recommended as a Buy. The company has recently signed a partnership with Nike, one of the biggest sports brands in the world, to link the shopping experience of customers of both firms. It had also announced in September that it would be hiring 10,000 additional staff in anticipation of a major boom in sales for the holiday season. 

On August 26, Wedbush analyst Seth Basham raised the price target on DICK’S Sporting Goods, Inc. (NYSE:DKS) stock to $150 from $125 and maintained an Outperform rating, appreciating the strong earnings of the firm. 

Among the hedge funds being tracked by Insider Monkey, Boston-based investment firm Atreides Management is a leading shareholder in DICK’S Sporting Goods, Inc. (NYSE:DKS) with 2.8 million shares worth more than $289 million.