Jim Cramer’s Thoughts on These 13 Stocks

5. BlackRock, Inc. (NYSE:BLK) 

Number of Hedge Fund Holders: 53

A caller inquired if BlackRock, Inc. (NYSE:BLK) was good to buy or add to, and Cramer replied:

“Yeah, I think so. Look, we own it for the Charitable Trust. Candidly, we’re down on it, and I don’t like that when we’re down on the stock, but we are. The stock has declined far more than I thought it would on what was a decent quarter. I agree with you, and I think it should be bought. That said, I’ve been wrong, but I think it should be bought in the long term. I think it’ll be a great position.”

BlackRock (NYSE:BLK) is an investment management company known for providing advisory solutions, risk management, and a broad selection of investment offerings, including mutual funds, ETFs, and hedge funds across different asset categories. Nightview Capital stated the following regarding BlackRock, Inc. (NYSE:BLK) in its Q4 2024 investor letter:

“Finance is transforming. Technology is democratizing access, reshaping wealth management, and enabling entirely new models of investing. From algorithmic trading to digital-first advisory platforms, the sector is evolving rapidly. Investors demand smarter, more sustainable options. The potential is significant, and we are focused on companies shaping how people save, invest, and transact in the years to come.

BlackRock, Inc. (NYSE:BLK): Core Opportunity: BlackRock leverages its scale and innovation to lead in asset management, ETFs, and financial technology.

Key Highlights: Massive Scale: AUM exceeds $10.6 trillion, supporting diverse revenue streams.

AI and Sustainability: Investments in AI, data centers, and energy transitions unlock trillions in opportunities.

Financial Strength: Operating income grew 12% YoY, with margin expansion of 160 basis points.

Investment Case: BlackRock’s consistent innovation, strategic partnerships, and shareholder returns position it as a leader in financial evolution. Its mix of growth and stability makes it an attractive long-term investment.”