10 Stocks on Jim Cramer’s Radar Recently

1. Freeport-McMoRan Inc. (NYSE:FCX)

Number of Hedge Fund Holders: 88

A caller asked if they should hold Freeport-McMoRan Inc. (NYSE:FCX) and Cramer replied:

“Yeah, I want you to hold it. I mean, it was really a shame what happened to FCX. FCX has been going up because we needed it for data centers and the Chinese were ordering some. Suddenly we’ve decided the Chinese aren’t going to order any and the stock has given up so much of its gain… I think that this is a very good level to buy some. But if you want to really hedge it, why not buy Barrick? Because Barrick, symbol GOLD, has gold and copper. That might be the best way to go.”

Freeport-McMoRan (NYSE:FCX) focuses on extracting mineral resources in North America, South America, and Indonesia. The company primarily deals with copper, gold, molybdenum, silver, and other metals. Interestingly enough, only last week, Cramer commented:

“Alright, I think copper’s going higher and one of the reasons why I like it, by the way… China’s coming back. They’re the biggest user of copper. But also something that Jensen Huang told me, from Nvidia, he said, listen, copper is just the right thing to have in the data center. I was hoping it’ll be replaced by glass… Two-thirds of the copper is used by China and China’s making a comeback here. At least parts are trying to make it a comeback.”

While we acknowledge the potential of Freeport-McMoRan Inc. (NYSE:FCX) as an investment, our conviction lies in the belief that 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 FCX but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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