We recently published an article titled Was Jim Cramer Right About These 10 Stocks? In this article, we are going to take a look at where Eaton Corporation plc (NYSE:ETN) stands against the other stocks Jim Cramer recently talked about.
During the latest episode of Mad Money, which aired on May 13th, Jim Cramer unpacked the extraordinary rebound in U.S. markets following President Trump’s abrupt pivot away from aggressive tariffs, declaring:
“Trillions were lost. Bulls were turned into bears. Bears were turned into meat-eating grizzlies. And money poured out of stocks. Six weeks later, it’s like the whole thing never happened.”
READ ALSO: Jim Cramer’s 9 Failed Predictions From 12 Months Ago AND Jim Cramer Nailed These 12 Stock Predictions.
He emphasized how hedge funds and short-sellers were caught completely off guard, triggering one of the most dramatic reversals in recent history:
“The big money, the hedge funds, and the fast traders have been caught on the other side of the line of scrimmage, and it is costing them.”
Reflecting on Trump’s unexpected about-face—and its massive market implications—Cramer summed it up bluntly:
“The bears are paying the price while the individual investors who held on are basking in the glory of one of the greatest rallies ever, as the president ultimately made the extremely rational decision to not destroy the entire stock market.”
Our Methodology
For this article, we compiled a list of 10 stocks that were discussed by Jim Cramer during the Mad Money episode that aired on the 13th of May 2024. We then calculated their performance for the past 12 months, until May 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.
Please note that this article mentions Jim Cramer’s previous opinions and may not account for any changes to his opinions regarding the stocks that are mentioned. It is primarily an examination of how his previously provided opinions have panned out.
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 technician standing in the middle of a power station, inspecting a power distribution system.
Eaton Corporation plc (NYSE:ETN)
Number of Hedge Fund Holders: 88
During that older episode, a caller asked Cramer about Eaton Corporation plc (NYSE:ETN) and whether it was too late to increase his position as the time. Cramer did not hide how much he likes the stock and encouraged his viewer to buy, although cautiously, saying:
“Eaton is a great stock. It trades erratically, so that means that there are these moments where it goes down like four or five and you get to buy it. You have to put in an order for if it drops four or five — you can buy some for that day. Don’t put it good-til-canceled, just that day. And then if it falls even more than that, you can buy some more. But you got to wait — ’cause it’s a crazy trader. So we got to wait for it to decline.”
This wasn’t a great call, as the stock ended up barely moving since then, gaining just 0.68%
Eaton Corporation plc (NYSE:ETN) is a diversified industrial company that provides energy-efficient electrical, hydraulic, and mechanical power management solutions for a wide range of industries. On the 2nd of May, Cramer gave his latest thoughts on the stock, saying:
“Now Eaton is a charitable trust name and I told Jeff Marks today, I’m losing my patience. Now the stock was up seven yesterday but Eaton was a good quarter. They have a lot of business that are in big mega cycles. But they do have a EV business that was down. I say, enough already. These, some of these are too hard to own.
“[on full year organic sales raise] I know and I was [inaudible]. . . .one of the reasons I’m sick of it is because I did buy it as a data center play. And, if you want a data center play, stick to Vertiv or get out. And I’m trying to understand all the megacycles. I hope Craig Arnold, I hope he tells a good game. I know he’s, he’s retiring. But Eaton really hurts. And I just think Eaton is better than this stock. The company is better than the stock. There. There.”
Overall ETN ranks 9th on our list of stocks Jim Cramer recently discussed. While we acknowledge the potential of ETN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than ETN but that trades at less than 5 times its earnings, check out our report about this 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.
Hedge Fund Resource Center