Jim Cramer Made Accurate Predictions About These 4 Stocks

3. Riot Platforms Inc (NASDAQ:RIOT)

Number of Hedge Fund Investors: 21

Jim Cramer has time and again advised investors to stay away from crypto stocks like Riot Platforms Inc (NASDAQ:RIOT) and instead directly buy Bitcoin if they want exposure to cryptocurrencies.

In November 2023, Jim Cramer said the following about Riot Platforms Inc (NASDAQ:RIOT):

“They don’t make any money…If you want to do Bitcoin, own Bitcoin.”

Riot Platforms Inc (NASDAQ:RIOT) shares are down by about 24% in 2024 so far. However, over the past 12 months, the stock price is up 35%