Amid Market Uncertainty, AMC Entertains Optimism Amidst 10 Stocks to Watch Heading into December

Amid Market Uncertainty, AMC Entertains Optimism Amidst 10 Stocks to Watch Heading into December

In a recent CNBC interview, billionaire investor and host of Mad Money, Jim Cramer spoke about the upcoming market trends ahead of President-elect Donald Trump's inauguration. Notably, Cramer has been vocal about his enthusiasm for the stock market as it heading towards the new year.

Cramer expressed that President Trump's Treasury pick and his administration's potential policies could have significant impacts on the market. Specifically, he mentioned Scott Bessent's 3-3-3 plan aimed at reducing the budget deficit to 3% of GDP while achieving 3% economic growth and producing 3 million barrels of oil per day. While some experts have been skeptical about the feasibility of these plans, Cramer remains optimistic.

When it comes to individual stocks, AMC Entertainment Holdings (NYSE:AMC) has garnered significant interest from investors. According to our data, approximately 16 hedge funds are currently interested in buying or holding this stock. When asked about AMC's prospects, Jim Cramer stated that the company remains appealing despite industry headwinds.

As part of his analysis on top stocks heading into December, we reviewed recent CNBC programs and identified the top stocks that Cramer discussed. While this article will focus specifically on AMC Entertainment Holdings, our readers can also find information on their favorite stocks from the previous list in our earlier article, "Jim Cramer Is Talking About These 10 Stocks Heading Into December".

Here's how AMC compares to other stocks mentioned by Jim Cramer as potentially making significant waves heading into December:

  • Compared to Bed Bath & Beyond Inc (NYSE:BBBY), which has garnered attention for its recent turnaround efforts and strong retail presence, AMC currently boasts a lower hedge fund interest metric of 12.
  • In comparison to Mattress Firm Holdings (NASDAQ:MFRM) stocks sentiment is not high as it is at the 7th spot among that list with 14 different stock from top analysts.

Note: The information about the hedge funds listed above was accurate as of our cut-off knowledge date and may change. For up-to-date pricing and holdings, please consult a financial advisor or refer to the official website of each stock.

Read more: "Jim Cramer's Latest Lightning Round: 11 Stocks to Watch"

In our quarterly newsletter, we focus on identifying high-potential stocks that have garnered significant interest from top hedge funds. The 275% return seen since May 2014 significantly surpasses its benchmark by a staggering margin of 150%.