Jim Cramer’s Thoughts on These 12 Stocks

9. Dover Corporation (NYSE:DOV)

Number of Hedge Fund Holders: 53

Inquiring about Dover Corporation (NYSE:DOV), a caller asked if Cramer thinks that the stock will ever hit $222. He replied:

“I look wrong right now on Dover for the club… but I think I’m going to be right. Why? Because I think that Tobin is very smart, the CEO and the stock should never have been thrown back, 19 times earnings. It even went down when steel tariffs went on. I say enough is enough. Buy Dover right now, tomorrow morning.”

Dover (NYSE:DOV) produces items like pumps, flow meters, refrigeration systems, printing and coding equipment, vehicle lifts, winches, and fluid dispensing tools. Additionally, the company provides software and services used in fuel handling, industrial processing, climate control, and product traceability across various industries. During an episode of Squawk on the Street in April, Cramer commented:

“Okay so here’s a good example of the craziness of this market. Dover reports. Dover did what RTX did the other day. They actually said okay listen the tariffs are hurting us. Okay, here’s how they’re hurting us. Stock was immediately down seven bucks. Down 7. And I was like I own it for my charitable trust and I’m like meumughmhgm . . .and then well people figured out, wait a second, they told the truth! Now the stock’s up nice.”