Was Jim Cramer Right About Sony Group Corporation (SONY)?

We recently published a list of Did Jim Cramer Nail or Miss These 11 Stock Predictions? In this article, we are going to take a look at where Sony Group Corporation (NYSE:SONY) stands against other stocks that Jim Cramer discusses.

In that older episode, a caller brought up Sony Group Corporation (NYSE:SONY), pointing out that the stock was underappreciated despite strong fundamentals, a stock split, dividend boost, and buyback. Cramer said:

“I like it. They’ve got to get out of this… They’ve got to tell me, ‘Listen, we’re not interested in a takeover,’ because I just like the stock as is. And it’s been weighed down by the takeover talk.”

Was Jim Cramer Right About Sony Group Corporation (SONY)?

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Cramer’s faith in Sony paid off handsomely with a 58.99% gain. Sony Group Corporation (NYSE:SONY) blends gaming, entertainment, and consumer electronics under one powerhouse brand, with PlayStation as a major growth driver.

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Disclosure: None. This article is originally published at Insider Monkey.