Jim Simons And Jim Cramer Are Bullish About These 9 Stocks

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 |  Includes: AAPL, APA, DD, ESRX, FCX, FLR, JCI, JNPR, SLB
by: Insider Monkey

Jim Cramer used to be a hedge fund manager. Today, he is the host of a popular TV show at CNBC called Mad Money. On that show, he shares his views on stocks with his audiences. Many ordinary investors watch his show and follow his recommendations to make their own investments. Cramer also has a charitable trust and he purchases many of the stocks he recommends for that trust. Jim Simons is one of the most successful hedge fund managers. His Medallion fund prints billions for him every year. His Renaissance Institutional Equities Fund managed to outperform the S&P 500 index by 30 percentage points so far this year.

Instead of imitating Jim Cramer’s stock picks, we believe ordinary investors would be better off by focusing on the stock picks of both Cramer and Simons. Here are the stocks that are in Cramer’s charitable trust as of December 14 and Simons’ Renaissance Technologies invested at least $10 million in these stocks. The “Simons” column shows the value (in thousands) Renaissance Technologies invested and the “Cramer” column shows the number of shares the charitable trust owned.

Company Name

Ticker

Simons

Cramer

APPLE INC

AAPL

398853

200

SCHLUMBERGER LTD

SLB

191094

400

EXPRESS SCRIPTS INC

ESRX

143471

1300

APACHE CORP

APA

73633

800

FREEPORT MCMORAN

FCX

67686

800

DU PONT

DD

61086

500

JUNIPER NETWORKS

JNPR

44482

2500

JOHNSON CONTROLS

JCI

44067

1000

FLUOR CORP

FLR

29173

400

Click to enlarge

The biggest position in the 13F portfolio of Renaissance Technologies at the end of September was Apple Inc (NASDAQ:AAPL), in which the fund had nearly $400 million invested. Cramer is bullish about AAPL as well. As of December 14, his charitable trust owned 200 shares of the stock. Compared with the market, AAPL did not perform so well in the fourth quarter. But the stock generated a decent return throughout the year. With a YTD return of 14.98%, AAPL beat the market by more than 17 percentage points. Tiger cub Stephen Mandel is also bullish about AAPL. His Lone Pine Capital invested $785 million in the stock at the end of the third quarter.

During the third quarter, Simons significantly increased his stakes in Schlumberger Ltd (NYSE:SLB). At the end of September, Renaissance Technologies reported to own $191 million worth of SLB shares. Cramer’s charitable trust also had 400 shares of SLB. Since the end of September, SLB returned 11.46%, versus 7.98% for SPY. Ken Fisher’s Fisher Asset Management had $487 million invested in SLB.

Simons also largely boosted his stakes in Express Scripts Inc (NASDAQ:ESRX). In the third quarter, Renaissance Technologies increased its ESRX position to $143 million. Cramer’s charitable trust owned 1300 shares of ESRX as well. ESRX also generated a double-digit return so far in the fourth quarter. It returned 17.02%, more than doubling the return of the market. Stephen Mandel is bullish about ESRX as well. Lone Pine Capital disclosed owning nearly $500 million of ESRX at the end of September.

Simons opened some new positions in the third quarter. He initiated a brand new $68 million of Freeport McMoran Copper & Gold (NYSE:FCX). Cramer’s charitable trust also owned 800 shares of this stock. FCX returned 21.92% since the end of September, outperforming the market by nearly 14 percentage points. Ken Fisher is also bullish about FCX. As of September 30, Fisher Asset Management had $200+ million invested in this stock.

Other stocks both Simons and Cramer are bullish about include Apache Corp (NYSE:APA), Du Pont E I De Nemours & Co (NYSE:DD), Juniper Networks Inc (NYSE:JNPR), Johnson controls Inc (NYSE:JCI), and Fluor Corp (NYSE:FLR). Most of the stocks they are in favor of outperformed the market and generated double-digit returns in the fourth quarter. We strongly encourage investors to take a closer look at the stock picks of Simons and Cramer.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.