Jim Cramer, a former hedge fund manager, is the host of CNBC's Mad Money. Cramer expresses his views on stocks on his TV shows, which helps many ordinary investors who watch his show daily on TV make their own investments. Cramer also purchases many of the stocks he recommends for his charitable trust. Steven Cohen founded SAC Capital in 1992. SAC is a diversified hedge fund that uses both fundamental and quantitative analysis based approaches. Cohen is one of the legendary traders and is estimated to have an $8 Billion net worth.
Both Cramer and Cohen are among the smartest investors in the world. And we believe that by imitating their stock picks, investors are more likely to beat the market in the long term. Below we compiled a list of stocks both Cramer and Cohen are bullish about. All stocks are in Cramer’s charitable trust as of September 15, and in Cohen’s portfolio at the end of June.
Apple Inc (NASDAQ:AAPL): Apple designs, manufactures and markets a range of personal computers, mobile communication and media devices, and portable digital music players, and sells a range of related software, services, peripherals, networking solutions, and third-party digital content and applications. Cohen increased his position in AAPL by 136% to $201 million during the second quarter and initiated a brand new $67 million of AAPL call options position. Cramer also had 200 shares of AAPL stocks as of September 15. AAPL has a market cap of $346.22B, a P/E ratio of 14.78, and returned 13.66% since the beginning of this year. D. E. Shaw, Jim Simons, David Einhorn, Bill Miller and many other hedge fund managers are in favor of APPL (check out Jim Simons’ top stock picks).
Schlumberger Ltd (NYSE:SLB): Schlumberger is a supplier of technology, integrated project management and information solutions to the international oil and gas exploration and production industry. Cohen largely increased his position in SLB by 5571% to $83 million during the second quarter, while Cramer also had 400 shares of the stock. SLB has a market cap of $75.07B, a P/E ratio of 13.71, and lost 30.37% since the beginning of this year. Ken Fisher also had over $700 million invested in SLB (see Ken Fisher’s top stock picks).
United Parcel Service Inc (NYSE:UPS): UPS is a package delivery company. Cohen increased his position in UPS by 255% to $74.4 million over the second quarter, and Cramer had 600 shares of UPS. UPS has a market cap of $60.94B, a P/E ratio of 15.34, and lost 12.81% since the beginning of this year. Warren Buffett had over $100 million invested in UPS shares (check out Buffett’s top stock picks).
Stryker Corp (NYSE:SYK): Stryker is a medical technology company. Cohen significantly increased his position in SYK by 1858% to $81.1 million during the second quarter, while Cramer also held 1,000 shares of SYK as of September 15. SYK has a market cap of $17.80B, a P/E ratio of 14.52, and lost 16.10% since the beginning of this year. Jim Simons also invested $39 million in SYK.
Caterpillar Inc (NYSE:CAT): Caterpillar is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Cohen increased his position in CAT by 331% to $71.6 million during the second quarter, and Cramer also had 1,000 shares of the stock. CAT has a market cap of $44.71B, a P/E ratio of 11.44, and returned -24.08% since the beginning of this year. Ken Fisher had $480 million of CAT stocks. Ken Griffin also invested over $100 million in CAT.
Express Scripts Inc (NASDAQ:ESRX): Express Scripts is a pharmacy benefit management. Cohen slightly decreased his position in ESRX by 15% over the second quarter but he still had $146 million of the stock. Cramer also had 1,300 shares of ESRX. The company has a market cap of $17.20B, a P/E ratio of 14.31, and lost 36.57% since the beginning of this year. Stephen Mandel also had $434 million of ESRX shares.
Ensco (NYSE:ESV): Ensco is a global offshore contract drilling company. Cohen increased his position in ESV by 109% to $160 million during the second quarter, and Cramer had 2,100 shares of ESV in his charitable trust. ESV has a market cap of $8.69B, a P/E ratio of 13.13, and lost 23.59% since the beginning of this year. David Einhorn had $225 million invested in ESV.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.