We recently published a list of Was Jim Cramer Right About These 16 Stocks?. In this article, we are going to take a look at where Oracle Corp. (NYSE:ORCL) stands against other stocks that Jim Cramer discussed 12 months ago during his show on March 18, 2024.
On the most recent episode of Mad Money, Jim Cramer advised his viewers against exiting the market entirely, despite the sharp sell-off. He also reminded viewers that, historically, the market has always found its bottom, and stocks can rebound over time. Cramer then addressed the idea of selling everything but he raised an important question saying:
“Sure you can get out, but can you get back in? Selling everything right now feels great. We know that President Trump is now hanging with the bears… As he himself said you can’t really watch the stock market, the stock market’s the problems of the rich, and they don’t matter as long as it, they can take a hit. And that’s a zeitgeist from the Walmart White House where Trump’s giving us everyday lower prices for stocks.”
Cramer then pointed out the disparity between President Trump’s approach and what long-term investors might believe is the right course of action. In the past, Cramer noted, figures like Trump and Federal Reserve Chairman Jerome Powell were seen as stabilizers, or “puts,” that would help cushion the market’s downward moves. However, no one seems to be talking about that kind of support lately. He added:
“People are capitulating because they want to get rid of the pain and they don’t want to lose the game… See, there’s just one problem. How do you get back in?”
Cramer also highlighted a common pitfall: many investors get scared off during market downturns and fail to seize the opportunity to buy strong companies at lower prices. He pointed out that this fear leads people to miss out on significant future gains, leaving them on the sidelines while others take advantage of lower stock prices and reap substantial rewards.
“It’s why you should be thinking of buying the great companies here, not selling them. To not get good merchandise as it starts being really cheap is a failure of imagination, to not have held them all the way could be a failure of recognition.”
Methodology
For this article, we compiled a list of 16 stocks that were discussed by Jim Cramer during the episode of Mad Money on March 18, 2024. We then calculated their performance from March 18th, 2024, market close to March 7th, 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.
Note: This article covers Jim Cramer’s commentary from March 18, 2024, and does not account for any changes in his opinions regarding the stocks mentioned. Therefore, the commentary should not be mistaken for his latest opinions on any of the stocks that are mentioned.
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Oracle Corp. (NYSE:ORCL)
Number of Hedge Fund Investors: 107
Cramer admitted that he underestimated Oracle Corp. (NYSE:ORCL) after it reported weak earnings previously, selling the stock too early before it rebounded. But he still acknowledged its upside potential in AI. Here’s what he said back then:
“I didn’t do a good job on Oracle. They screwed up the quarter twice, and I decided I couldn’t take it anymore. And then they just totally delivered in that last quarter. […] Oracle probably is going higher. It’s still a very inexpensive stock.”
Oracle has been doing really well over the past year, having risen by 34.36% during this time.
In a recent episode which aired on the 7th of March, Cramer had this to say about the company:
“On Monday, Oracle is gonna report and… do it after the close. I bet they’re gonna have some really positive things to say. Now Oracle, a very good software company’s become a great data center company, which was terrific until we learned that some Chinese outfit could create high-quality AI models using … much less hardware. That’s a simplistic way to put it, but let’s just be honest, the AI stocks have never traded the same since China revealed its Deep Seek source of, let’s just say, of incredibly fast but much less expensive AI. Does it make sense that that’s the case? No, it just doesn’t but it, it certainly hurt the valuations of the semiconductor stocks.
Last night, Broadcom reported an amazing quarter. Its stock was just rewarded after the close. Then it got dragged down by that tech sell program I just mentioned before bouncing right back when it was that ridiculous, contrived program was over and it finished the day up more than 8%. But were you in there from the beginning to the end? Many people probably left at midday. This kind of accident’s become the norm. I expect Oracle to have almost as good a quarter as Broadcom and then do the same thing.”
Overall, ORCL ranks 11th on our list of stocks that Jim Cramer discussed 12 months ago. While we acknowledge the potential of ORCL 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 ORCL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires
Disclosure: None. This article is originally published at Insider Monkey.
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