We recently published a list of Was Jim Cramer Right About These 13 Stocks? In this article, we are going to take a look at where Lowe’s Companies Inc. (NYSE:LOW) stands against other stocks that Jim Cramer discusses.
During the latest episode of Mad Money, Jim Cramer expressed his frustration over the negative outlook he believes the White House is projecting about the economy. He explained that while he felt a sense of optimism and wanted to get excited about positive developments in the stock market, he held back.
“I wanted to get excited, but you know what I had to do? I had to hold my breath because when this market’s getting ahead of steam going, you know what you can bet on? The president will post something rancorous, dispiriting, and confusing and the market will immediately get put through the meat grinder…
It’s not necessary to do this, nor will they highlight anything good that’s going on here. It makes people feel like everything’s terrible, which isn’t true…
So here’s the bottom line: Every day there is something to celebrate in the business world because the business world is fantastic. We’d be in much better shape if the administration would highlight that. Believe me, the bad doesn’t need your help. It’ll get the word out all by itself.”
Methodology
For this article, we compiled a list of 13 stocks that were discussed by Jim Cramer during the episode of Mad Money on March 21, 2024. We then calculated their performance from March 21, 2024, market close to March 13th, 2025, market close. We have also included the hedge fund sentiment for the stocks, which we sourced from Insider Monkey’s Q4 2024 database of over 900 hedge funds. The stocks are listed in the order that Cramer mentioned them.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
A family excitedly browsing through the aisles of a home improvement retail store.
Lowe’s Companies Inc. (NYSE:LOW)
Number of Hedge Fund Holders: 70
Cramer was bullish on Lowe’s Companies Inc. (NYSE:LOW) and praised its leadership under Marvin Ellison:
“Lowe’s is really good, and Marvin Ellison is a great CEO. I’ve got to tell you, Lowe’s almost hit its all-time high. Home Depot is great too. Both of those are good; either one is right to buy right now.”
Lowe’s Companies Inc. (NYSE:LOW) is another stock that has failed to meet expectations since then, falling by 15%.
Jim Cramer’s comments from the 26th of February show that he still has some hopes for the company:
“Marvin Ellison, go[ing] back and forth with him, this was an excellent quarter. Particularly considering rates, although the rates have come down a little bit. And the lack of housing turnover which is typically been the key metric because when there’s housing turnover you go to Lowe’s, you tend to rehabilitate, you make it so you renovate. I was struck by the fact that the numbers were [inaudible] are improving. Because Lowe’s is of the [inaudible] of do it yourself. We had good pro numbers from Home Depot, good pro numbers from Lowe’s, something could be on here David. It is not as bad as feared. These two companies are excellent.
“. . and their [Home Depot] numbers were good, in this environment. Now you gotta look, if you looked at Home Depot, or this, I mean, look everyone was, there was a lot of short money betting against these. I think that when you have a stock that goes down like this you should rethink. But I liked, I liked them.
“I’ve always liked . . .ever since Marv came in. And the Home Depot team, Ted Decker, look these teams, remember these guys take a lot of share too from the mom’s . . .there’s still mom and pop hardware stores that they take. And remember, you’re betting against now they’re Christmas Season, which is going to be, the garden season. Appliances still bad every where.”
Overall, LOW ranks 2nd on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of LOW as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than LOW but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
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