Jim Cramer’s Recession-Proof Stock Picks

7. The PNC Financial Services Group, Inc. (NYSE:PNC)

No. of Hedge Funds: 66

The PNC Financial Services Group, Inc. (NYSE:PNC) holds a spot in our list of Jim Cramer’s recession-proof stock picks. Following the acquisition of Colorado-based FirstBank, the company’s price target is elevated and is named in Jim Cramer’s top 10 things to watch in the stock market

The PNC Financial Services Group, Inc. (NYSE:PNC) was also listed in Jim Cramer’s top 10 things to watch in the stock market, by CNBC, on September 10, 2025, owing to the company’s acquisition of Colorado-based FirstBank for $4.1 billion and its subsequent increase in price target by Piper Sandler thereafter. Later, on October 3, 2025, Wells Fargo significantly raised the stock’s price target from $230 to $240, signaling strong confidence in its growth potential.

Aside from being part of Mad Money host’s pick, the company is strongly backed by institutional support, with 66 hedge funds holding ownership interest in The PNC Financial Services Group, Inc. (NYSE:PNC).

The diversified financial services institution, The PNC Financial Services Group, Inc. (NYSE:PNC) offers retail and business banking, and asset management across the U.S. Tracing its roots back to 1845 in Pittsburgh, the company is currently operating as a large-cap with a market capitalization of approximately $80 billion, from its headquarters in Pennsylvania.