Was Jim Cramer Right About These 11 Stocks?

7. General Motors Company (NYSE:GM)

Number of Hedge Fund Holders: 79

In that older episode, a longtime shareholder asked Cramer whether he should swap his shares of General Motors Company (NYSE:GM) for Ford, given GM’s buyback program and Ford’s higher dividend. Cramer said:

“Oh well, you know one is in the charitable trust, Ford is. But this GM buyback of Mary Barra’s has really worked, and I think the stock’s going higher. […] Right now, stick with GM. I’m not going to urge you to sell. […] I can’t say swap one for the other right now. You got the one with the buyback that’s what matters.”

Cramer was right not to panic as GM rose a modest 9.91% afterward. General Motors Company (NYSE:GM) is investing heavily in electric vehicle innovation, relaunching the Chevy Bolt with lower-cost lithium iron phosphate batteries to broaden market reach.

Comparing the two automakers again recently, here’s what Cramer said about them on May 1^st:

“You know, listen, Phil, you had an amazing interview with Mary Barra [GM CEO], I’ve got to ask you, it looks like that Ford has an edge on GM. When it comes to what’s going on. In terms of tariffs. Because I think that Jim Farley for whatever reason makes much more in pure America than GM does. [Phil agreed]”