Jefferies (JEF) Stock Proves Jim Cramer Was Right When He Advised Selling The Stock

Jefferies (JEF) Stock Proves Jim Cramer Was Right When He Advised Selling The Stock
Jefferies (JEF) Stock Proves Jim Cramer Was Right When He Advised Selling The Stock

Jefferies Financial Group Inc. (NYSE:JEF) is one of the 20 Stocks Jim Cramer Wanted You to Sell and Get Out of Immediately.

Shares of investment bank Jefferies Financial Group Inc. (NYSE:JEF) are down 5% over the past year and 29.5% so far this year. Since Cramer talked about the company in January, shares are down 42%. October 2025 was a difficult month for Jefferies Financial Group Inc. (NYSE:JEF), as the stock fell 21% between the 3rd and the 16th. During this period, news about the now-bankrupt auto parts company First Brands was making waves in the market. Jefferies Financial Group Inc. (NYSE:JEF) disclosed that its Leucadia Asset Management fund had approximately $715 million in accounts receivable from the company. The bank made the disclosure on the 8th, and over the following week, several shareholder rights firms announced that they were investigating whether Jefferies Financial Group Inc. (NYSE:JEF) had violated shareholder rights. Earlier this year, on March 6, the stock closed down 13%. The same day, a jobs report showed the U.S. economy lost 92,000 jobs compared with expectations for a gain of 60,000. This is what Cramer had said about Jefferies Financial Group Inc. (NYSE:JEF) in January 2025. Since his comments, Goldman Sachs shares have risen approximately 60%:

“Let me tell you this: I think Jefferies had a surprisingly bad quarter. I think Goldman Sachs had a surprisingly good quarter. So this is what we do, even when I think about the Jefferies CEO world: I want you to sell Jefferies and I want you to buy Goldman. Goldman is cheaper. Goldman is better.”

Jefferies (JEF) Stock Proves Jim Cramer Was Right When He Advised Selling The Stock

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While we recognize JEF’s potential as an investment, we believe certain AI stocks offer greater growth potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that’s also benefiting significantly from Trump-era tariffs and the offshoring trend, check out our free report on best short-term AI stock.

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