Was Jim Cramer Right About Simon Property Group, Inc. (SPG)?

We recently published a list of Jim Cramer Absolutely Nailed These 11 Stock Predictions. In this article, we are going to take a look at where Simon Property Group, Inc. (NYSE:SPG) stands against other stocks that Jim Cramer discussed.

During a recent episode of Mad Money, which aired on Friday the 2^nd of May, Jim Cramer discussed some macro-based data that affected the stock market over the past week:

“When you get a strong employment report like we did this morning, it does a lot of things that you need to know about. First, it takes a near-term recession kind of off the table. Very difficult to have recession with a 4.2% unemployment rate. That’s just too much demand for workers.”

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He warned his viewers to not get excited about the recent rally but admitted that the recent earnings reports were encouraging:

“So keep in mind that today’s rally may not be one off as we go through our game plan for next week. But first, let me just say we’re over the hump. We’ve now had companies that reported fabulous numbers.”

His last cautious warning was to look out for any possible geopolitical escalations between the U.S. and China:

“Here’s the bottom line: We know that we’re living through a time of great tumult. We could easily be thrown off if President Trump responds harshly to this Chinese olive branch this very weekend. If that happens, there could be some unwinding to do. Right now, though, it looks like the momentum can keep up as long as we don’t get a total breakdown in the nascent trade talks between the world’s two biggest nations.”

Our Methodology

For this article, we compiled a list of 11 stocks that were discussed by Jim Cramer during Mad Money episodes that aired on the 5^th and 6^th of May, 2024. We then calculated their performance for the past 12 months, until May 6^th, 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).

Simon Property Group, Inc. (NYSE:SPG)

Number of Hedge Fund Holders:  40

Cramer highlighted Simon Property Group, Inc. (NYSE:SPG) ahead of its earnings report at the time, emphasizing its consistent performance and attractive dividend yield. He noted it as one of his long-time favorites. Here’s what he said back then:

“One of my absolute favorite, Simon Property Group might be- it’s going to report and this may put up some just terrific set of numbers, with that 5.5% yield the risk seems low while the reward May simply be to be just I think sensational. Remember this is the highest quality mall real estate in the world. Simon properties was on last time; I thought they told a fantastic story frankly.”

Cramer’s bullish call on Simon Property Group paid off, as the stock rose by 12.54% since his comments.

Simon Property Group, Inc. (NYSE:SPG) is a real estate investment trust known for its premium mall holdings and strong dividend track record. Cramer was asked about the stock recently and whether the company had any exposure to tariffs. Here’s what he replied with:

“Well, they have some exposure because they have some retail. But you know what, I’ve gotta tell you, they are a terrific company. Got a 5.7% yield. I think Simon Property should be bought and bought right here.”

Overall, SPG ranks 4th on our list of stocks that Jim Cramer discussed. While we acknowledge the potential of SPG 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 SPG but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.