We recently published a list of Jim Cramer Discussed These 7 Stocks. In this article, we are going to take a look at where Delta Air Lines, Inc. (NYSE:DAL) stands against other stocks that Jim Cramer discussed.
Jim Cramer, host of Mad Money, advised investors on Monday against exiting the market entirely, despite the sharp sell-off that has rattled many. He reminded viewers that, historically, the market has always found its bottom, and stocks can rebound over time. Cramer acknowledged that selling everything might feel like a relief in the short term, but he raised an important question and said:
“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.”
READ ALSO: 10 Stocks on Jim Cramer and Wall Street’s Radar and Jim Cramer Put These 8 Stocks Under the Microscope
Cramer pointed out that Trump’s approach reflects a mindset that he does not believe is the right course of action for investors focused on long-term growth. 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 made a compelling case for why investors should actually consider buying during times like this, even though it might seem counterintuitive. He acknowledged that on a day when the market is being hammered, the idea of buying may feel strange. However, he emphasized that focusing on preserving capital rather than chasing quick gains is crucial during turbulent times.
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.”
Our Methodology
For this article, we compiled a list of 7 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on March 10. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the fourth quarter of 2024, which was taken from Insider Monkey’s database of over 1,000 hedge funds.
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).
Delta Air Lines, Inc. (NYSE:DAL)
Number of Hedge Fund Holders: 84
Delta Air Lines, Inc. (NYSE:DAL) was mentioned during the episode, and here is what Crmaer had to say:
“Tonight, Delta stock was just absolutely obliterated when the company announced a hideous shortfall citing weakness in both business and consumer. What a dog. So what the heck is going on here?… After Delta news is digested tomorrow and all the travel leisure numbers are cut, it might be too late to sell.
You can buy some low multiple techs and industrials and banks here. We did that for the Charitable Trust today, right into the teeth of the sell-off… Just tonight we heard from Delta that both corporate and consumer customers are weak and it can’t come anywhere near the estimates the analysts were looking for, real big negative for tomorrow.”
Delta Air Lines, Inc. (NYSE:DAL) is an air transportation company that provides both passenger and cargo services across a broad network of domestic and international routes.
Overall, DAL ranks 1st on our list of stocks that Jim Cramer discussed. While we acknowledge the potential of DAL 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 DAL 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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