Recently I published the list Jim Kramer’s thoughts on these 13 strains. In this article, we will introduce BlackRock, Inc. We’ll see where (NYSE: BLK) stands against the other stocks that Jim Kramer has discussed.
On Thursday’s episode of Mad Money, Jim Kramer expressed his anger at the skepticism surrounding AI infrastructure. He expressed his dissatisfaction that many investors were misunderstood in believing that the AI infrastructure boom was somehow stagnant.
“Revenue season, it’s neck pain. It’s something that comes to you from all different directions. Loss of sleep, just sucking, total time, I love it. I love it because it clears things. False stories can go back to attack.
Read again: Recently, 8 stocks on Jim Kramer’s Radar and Jim Kramer has listed 20 best-performing stocks of the past 20 years
According to Cramer, the story took root in “Deepseek Monday” on January 27th, with Chinese companies developing a generator AI model that requires significantly fewer computing resources than industry leaders. He added:
“Previously all red-hot AI infrastructure stock was crushed quickly. What do you know? They really didn’t recover.”
Cramer wondered how easily the doubt spread. He pointed out the role of the media and wondered whether reporters had asked the right or sufficient questions. He criticized the consistent spotlight given to bearish voices. According to Cramer, some of these commentators did not reveal that there were short positions across the AI sector. He accused them of making profits before the facts because they pointed out that too much money was at stake because reality interfered with their stories. He added:
“It may be hard to believe that a huge multi-billion dollar company is actually being sent to data center suppliers to keep that money concentrated on data center suppliers. But that’s exactly what’s happening. I don’t think it’s too late to own many of the members of the complex.
This article compiles a list of 13 stocks that Jim Kramer discussed during the MAD Money episode aired on April 30th and May 1st. We listed stocks in ascending order of hedge fund sentiment for the fourth quarter of 2024.
