In this piece, we will look at the stocks that Jim Cramer recently discussed.
In one of his latest appearances on CNBC’s Squawk on the Street, Jim Cramer started the morning by commenting on the latest Producer Price Index (PPI) release. The PPI, which tracks inflation upstream of the supply chain, rose by 0.2% in December and fell short of economist expectations of 0.3%. However, this didn’t lead to any significant reaction in the bond market. According to Cramer, “Carl these, the bonds just don’t want to react to anything good. Of course, we can immediately say, it’s because we’re gonna get a tough CPI number tomorrow. The fact is, is these numbers are tame. People have to start recognizing that there are some good numbers coming.”
He shared other factors that might be fueling the bond market’s performance. “House prices coming down, food coming down, but it doesn’t seem to matter,” Cramer remarked. He added “What the bonds are reacting to I think is a new administration, uh, concern about what is going to be, uh, tariffs, even though it looks like they’re going to be phased in. You know David, interest rates don’t wanna come down here. And they don’t wanna come down there’s too much issuance, there’s a belief that the next administration is much more inflationary. And David it doesn’t seem to matter what is printed, the bonds don’t want to go higher. Interest rate’s not low enough.”
Another news that has made a lot of headlines recently is TikTok’s fate in the US. Cramer believes that rather than a complete bank, there could “be a gradual diminution of the service. In other words, it’s not going to be turned off. I think that this whole idea that the Chinese Communist Party is really just a gigantic private equity firm leaves me cold. I just don’t think that they are in a situation to broker a deal.”
One person that the CNBC TV show host believes isn’t discussed enough is electric vehicle billionaire Elon Musk. “I mean, Carl, it’s so exciting to talk about Elon Musk. I mean we haven’t talked about Elon, you know you have to wait maybe to nine o’ four to talk about Elon Musk. I just say we do it at the very top,” believes Cramer. He added “We have Elon Musk being the most important, well, he’s, he’s co-president right now which I think is a little absurd.. . . this man has become, Carl, a nation-state within. He’s a state within a state.”
On the topic of markets, Cramer was appreciative of the fact that the market and equal-weighted benchmark S&P indexes are up identically over the last six months “Well look I, that’s good news actually. We want to have broader leadership,” he remarked. However, without Wall Street’s favorite AI stock, Cramer believes “you have a market that’s kind of ruthless. . . David, you know that this market survives on NASDAQ fuel and not on Dow fuel. And yet people still insist on talking about the Dow.”
Finally, Cramer has also spent quite a bit of time discussing social media CEO Mark Zuckerberg’s appearance on the Joe Rogan Experience podcast. This time around, he shared “I’ll go right to Joe Rogan. I’ll be five hours in Joe Rogan. One of the most jarring things about the Joe Rogan interview was that he said he had to take a bathroom break. Well, there’s professionalism personified.” Cramer also commented on whether 38% is too much for an interviewer to speak. Taking a mixed view, he stated “I think it is. I used to put a stopwatch to my show Kudlow & Cramer. I got to speak 38% of the time so you know what, maybe it’s not so bad.”
Our Methodology
To make our list of the stocks that Jim Cramer talked about, we listed down all the stocks he mentioned during CNBC’s Squawk on the Street aired yesterday.
For these stocks, we also mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds invest in? 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 275% since May 2014, beating its benchmark by 150 percentage points. (see more details here).
13. KB Home (NYSE:KBH)
Number of Hedge Fund Holders In Q3 2024: 27
KB Home (NYSE:KBH) is a mid-sized American home-building company. Its shares posted a mere 5% in gains in 2024 as continued high interest rates and tight housing inventory meant that prices remained out of reach for a lot of buyers. KB Home (NYSE:KBH)’s shares are particularly sensitive to interest rates as was evident in December. After the Fed pared back its rate cut guidelines for 2025, the stock slipped by 4.5% to add to December’s mounting losses. However, KB Home (NYSE:KBH)’s shares are up by 3.9% year-to-date after it forecasted 2025 housing revenue to range between $7 billion and $7.5 billion for growth over last year’s $6.9 billion. Here is what Cramer said:
“We look at KB Homes, which is the first good report we’ve had when it comes to housing. And, look, labor’s still tight, people can’t find enough skilled workers. I mean the numbers were okay. I know that the margins were not what I wanted. Some of that is also because they have to do some price concessions, mortgage rates have moved up. Carl, I see a market, I don’t wanna say that nothing good can happen because KB Homes is just soaring on the idea that it wasn’t worst than expected. But we just have a cloud over everything and I just think that anytime you get too excited about stocks, yesterday we got excited about stocks and it was only the Dow stocks, it was not tech. I think if you find yourself saying well why did I bid things up? I’m not negative here. I’m positive here. I think that reflects, Carl, the mood of this market.”
12. Signet Jewelers Limited (NYSE:SIG)
Number of Hedge Fund Holders In Q3 2024: 34
Signet Jewelers Limited (NYSE:SIG) is a luxury goods company that focuses on diamond jewelry. Its shares lost 17% in 2024 as the firm struggled in a depressed consumer spending environment. 2024 was marred by Signet Jewelers Limited (NYSE:SIG) missing analyst expectations for several quarterly guidance figures, but at the same time, the low bar set by a weakening consumer also led to rare strong share price performance once the firm overcame it. Signet Jewelers Limited (NYSE:SIG)’s shares crashed by 20% in January after the firm’s $2.3275 billion in midpoint fiscal Q4 guidance was a drop from the earlier $2.42 billion. Here’s what Cramer said after the cut:
“Yeah, look, I don’t know, they lost [laughs] Gina Drosos. I think she was a remarkable CEO. And I think this is a very CEO-led company. This is not a given when it comes to jewelry.”