logo
Jim Cramer on AllianceBernstein Holding L.P. (AB): ‘Very Well-run Company'

Jim Cramer on AllianceBernstein Holding L.P. (AB): ‘Very Well-run Company'

Yahoo16-05-2025

We recently published an article titled In this article, we are going to take a look at where AllianceBernstein Holding L.P. (NYSE:AB) stands against the other stocks Jim Cramer recently talked about.
During the most recent episode of Mad Money, which aired on Monday, the 12th of May, Jim Cramer discussed the recent market rally and encouraged his viewers to stay invested. He also emphasized the importance of earnings, saying:
'Earnings matter again, okay? That's what happened last night when the United States and China reached an agreement, however temporary, to hold off trade armageddon. The rollback of the exorbitant tariffs to much more reasonable levels caused the stock market to explode.'
READ ALSO: AND
Although Cramer was happy about the market's recovery, he reminded his viewers that the S&P 500 is still flat on a year-to-date basis and discussed how other regions are doing:
'Now don't get me wrong, I'm glad it happened, but I just spent a week in Europe, and it is stunning how much better the markets are doing over there.'
His final reminder was for his viewers to just stay invested in the market and avoid trying to time the market, saying:
'Bottom line: It's better to stay in, stay on, and let her ride than to try to pick the perfect moment to trade in and out and in and out of the stock market. By the way, that's not much of a strategy. It's more of a game of chicken where there are no winners, just losers who think they are smarter than the average bear.'
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 close-up of a portfolio manager discussing financial strategies with a client.A caller was looking to boost yield and asked about AllianceBernstein Holding L.P. (NYSE:AB) as a potential income and appreciation play back then. Cramer expressed support for the idea at the time:
"Very well-run company. Always surprised that it is as inexpensive as it is — which is why you've got that big yield. So I do support that idea."
The stock rewarded that support, climbing 25.30% over the past year.
AllianceBernstein Holding L.P. (NYSE:AB) is a global investment management firm providing research and diversified asset management services to institutional and retail clients.
Overall AB ranks 3rd on our list of the stocks Jim Cramer recently discussed. While we acknowledge the potential of AB 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 AB 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.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Amazon Vows to Tackle Fake Reviews After UK's CMA Probe
Amazon Vows to Tackle Fake Reviews After UK's CMA Probe

Bloomberg

time33 minutes ago

  • Bloomberg

Amazon Vows to Tackle Fake Reviews After UK's CMA Probe

Inc. has vowed to improve its systems to tackle fake reviews on its online marketplace and act against sellers who 'hijack' good reviews following four years of the UK antitrust watchdog's investigation. The Competition and Markets Authority said Amazon gave undertakings for to make it easier to report fake reviews and sanction businesses that use good reviews for one product for an entirely different product. Alphabet Inc. 's Google gave similar commitments in January.

Several groups propose improvement plans to 4B sales tax board
Several groups propose improvement plans to 4B sales tax board

Yahoo

time36 minutes ago

  • Yahoo

Several groups propose improvement plans to 4B sales tax board

WICHITA FALLS (KFDX/KJTL) — The 4B sales tax in Wichita Falls is meant to help fund improvements to life throughout the city. In a meeting on Thursday, June 5, the board overseeing those tax funds met to hear the different proposals they can put some of the money toward. One of the proposals from the day's meeting was an improvement to the area around the falls off of I-44. The presentation by Russell Schreiber from Public Works, along with a representative from Garver in Fort Worth, proposed improvements such as new parking areas around the falls and new methods for pumping water through the feature, thereby enhancing its overall appearance. 'That's the landmark of the city of Wichita Falls,' Schreiber said. 'We really like that thing to operate more than it has been in the past, as well as maybe probably to try to improve the overall water quality. I mean, it is the landmark of the city of Wichita Falls.' Another proposal was to improve the tennis facilities at Hamilton Park. Director of Falls Town Tennis, Michael Turner, proposed improving the facilities with new covered tennis courts, which would allow the courts to hold more tournaments. It's a feature Turner says would be a big economic opportunity. 'If we held a two-day tournament, it brings in $64,000 per tournament,' Turner said. 'We hold six of these a year currently. These tournaments are not full currently because of the facility that we have.' These were just a couple of the proposals brought to the board. Each one will be voted on before further steps can be taken to fine-tune the approved proposals. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

WSU faces 'strategic' staffing cuts after regents adopt pared-down budget
WSU faces 'strategic' staffing cuts after regents adopt pared-down budget

Yahoo

time36 minutes ago

  • Yahoo

WSU faces 'strategic' staffing cuts after regents adopt pared-down budget

Jun. 5—Washington State University is likely to face personnel cuts in the coming weeks after the school's Board of Regents adopted a budget that includes a $17.1 million reduction in spending for the upcoming fiscal year. On Thursday, the Board of Regents unanimously adopted a budget that includes $1.3 billion in spending across all funds, and approximately $661.3 million in spending in core funds. The plan includes a 4.1% reduction in spending. "This plan represents the economic pressures public universities now face, all of us, and the bold direction we've chosen to take at Washington State University," President Elizabeth Cantwell said in a video update Wednesday. The focus will shift in the coming weeks to implementing cuts in most of the university's 41 units, though the cuts will not be across the board. Six units — the College of Arts and Sciences, the Elson S. Floyd College of Medicine, libraries, external affairs and government relations, research, and law enforcement — will not see any cuts under the plan, while the other 35 units may see cuts of up to 10% and will work over the next 30 days to formalize proposals to curb spending. According to Leslie Brunelli, the executive vice president and chief financial officer, more than 80% of the university's core funds budget is "tied up" in personnel spending. "So those are people at the other end of that, and we want to be very thoughtful about the loss of personnel," Brunelli said. "Some of those reductions will be made with vacant positions, but some will be people who are currently employed at Washington State." Brunelli said it's "a little bit too early" to know how many staff members could be impacted. "We have a ballpark, but I would really not feel comfortable sharing that until we know what that is," Brunelli said. "I don't want to create an agitation where it's not necessary." The staff reductions, however, are likely to be spread across the university, rather than focused on specific departments. The university, like many others in the country, has experienced turmoil in federal funding in recent months, although WSU's funding woes are compounded by the 1.5% across-the-board cut to higher education included in the recently passed state biennial budget. That translates to $9.9 million over the next two years, though the university also stands to lose other state funds. "We're pretty good at figuring out how to strategically take reductions and not harm academic core, not harm services to students," Cantwell said Thursday. The university, Cantwell said, is investing additional resources in student support services, and making other investments in the College of Arts and Sciences. "We have made it a priority to protect the student experience and student success," Provost Chris Riley-Tillman said. "That's our core, original mission, and it's one of our most important things, both existentially and fiscally." While students are not likely to notice many of the cuts and savings when they return to campus in the fall, they will see a 3.3% increase in tuition costs. The university, however, does not project an increase in the revenue received from tuition, as enrollment at Washington State, like many universities, has declined in recent years. The decline in enrollment, Riley-Tillman said, has a ripple effect, as cohorts of students work their way through the university. "As you get the dip down, and then you floor out and you start to go back up, you're now graduating large classes, and those very small classes from the subsequent COVID years are still in your system," Riley-Tillman said. "So this ends up being a five- or six-year recovery period." Since enrollment peaked during the 2019-2020 school year, the university has seen a 17% decline, and it is bracing for the potential for another decrease. "Truly, you don't know what the enrollment is until August when the students show up and pay their bills," Brunelli said. "There is something called the summer melt, and that happens for the first time, first-year students, our freshmen that come in the door, even transfers. But we also need to make sure our retention remains strong." As it navigated potential budgeting options, the university has modeled different scenarios over the past several months, Cantwell said during an interview Thursday. "There are a few places where we are investing," Cantwell said. "These are strategic ... cuts and additions, even in a year where we have to mostly reduce, we will make strategic investments so that we can do things like support the students that we have, make sure that they finish, and grow enrollment across the panorama of everybody who wants to come to us. Just sort of guardrails like that are in our thinking as we think about how we make these choices." The university, Brunelli said, has modeled what the potential impact of the loss of federal grants and indirect cost recoveries between 5% and 50% would be. Cantwell said the university has also modeled what impact cuts to the Department of Education would have on the school, particularly how cutting federal student aid will impact the ability of students to attend college. One silver lining from the session, Brunelli said, is that the state did not make cuts in the Washington College Grant, which many students rely on to help pay for school. The university also stands to see less impact from a potential decline in international students, as it is focused on students from Washington. Last week, the university announced the chancellor position for its Pullman campus would be dissolved, placing executive oversight of the campus back under the university president. "The president of the system, because I live in Pullman, can fully operate in that chancellor sort of role," Cantwell said. "So that's given us the opportunity to cut some costs there. We've combined offices, we've found some efficiencies there." Cantwell said she anticipates proposals for "kind of across-the-board" administrative cuts to be introduced in the coming weeks. "I'm guessing we're all asking ourselves, 'How do we do what we do at the administrative level a little bit more efficiently to deliver to results that we need to out of our offices?' " Cantwell said. "We need to walk the walk in addition to talking the talk. We can do what we need to do with less."

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store