While piggybacking, which means picking a stock merely following a hedge fund manager's move, is considered risky, CNBC 's Mad Money host, Jim Cramer is recommending the strategy for The Bank of New York Mellon Corporation (NYSE: BK ). The stock is currently on Trian Fund Management CEO Nelson Peltz 's radar. Cramer's exception for The Bank of New York Mellon Corporation (NYSE:BK) stems from his proprietary research, where he thoroughly observed and arrived at the conclusion that piggybacking Peltz translates into the out-performance of the stock. Cramer revealed that since Trian Fund has recently built 2.5% stake in The Bank of New York Mellon Corporation (NYSE:BK), towards the end of June, therefore, it will be a wise move to put an absolute 'Buy' for the stock.