In this piece, we will look at the stocks Jim Cramer recently discussed.
In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer commented on a Bloomberg piece about Secretary Bessent acting like a hedge fund manager and disagreements within President Trump’s team:
“I mean, how many times in that incredible interview with Sarah, I mean I’m talking about incredible, did he, ‘well in my time as a, well in my time as a’, and then you got, the Commerce Secretary and screaming at people. Discord and they all kind of disagree with each other and then you got Navarro being kind of funny at least. And then you say to yourself, who are these guys?”
Cramer also shared his thoughts on a Bank of America note commenting on a basket of Trump Trade stocks and calling it a ‘bro bubble.’ These stocks include Elon Musk’s car company and Alex Karp’s data analytics firm. Cramer liked the piece and he thought it was fun. He added:
“When you come in you can see certain stocks that just bubble. Also like the airline, the phony airline and the bogus nuclear. I mean there’s so much fun for me because I’m actually close to nuclear. . .and everyone knows we’re nowhere. . . .I just find that it is so disappointing to see much, so much froth in the market that is a bro. But, you don’t wanna buy those stocks, those stocks are heavily inflated. And if the President realizes, wow, you know what I’m doing, I gotta change my thing.”
Cramer also shared why he takes a critical approach on the show. “I work for the viewers, and our viewers are losing a lot of money,” he said and added he spoke for the viewers “because I’m one of them, they’re one me and I think that someone has to say look, the pain is real for individuals, you don’t need to inflict it.”
The CNBC TV show host opined that while markets might appear to be stable, they could change in a heartbeat:
“Well, I just caution to people that there could be a posting, what can I say. There could be a posting about I’m gonna redouble my efforts, or maybe he’s gonna go against Hungarian wine which I kind of like . . .maybe he goes something against Korea. It’s just a matter of time. And then you bought NVIDIA at 119 and then you get a post. It really is like that. I mean I tried to warn people at the Club yesterday, I said look, the posts are the reason why you can’t take stocks. You can maybe bid underneath, but you can’t take them because then you could get a heat-seeking post.”
When co-host Carl Quintanilla asked Cramer whether he wanted to short US treasuries given the uncertainty, he shared: “I don’t want to do that.” Cramer believes that the Fed chair is trying to stabilize everything and described him as “conscious,” “prudent,” and “non-judgemental.” He believes that the Fed chair isn’t mercurial, and went as far as to state that Powell was perhaps the least mercurial man that he’d met.
The day this show was aired marked the 20th anniversary of his evening show, Mad Money. Cramer commented that he wanted to reach out to ordinary Americans with the show and how he stood up to the channel’s previous management to do so:
“What I was really trying to do was make it so it was human. I went and said I want to talk to real people. And previous management said that was just ridiculous. But I didn’t care. Real people are who the show’s about. People who are trying to struggle, trying to make sense of things. I take on people who I think don’t help. And I praise people who do. It’s a very pro-business show. Very pro stock market show. Very pro-capitalism show. And it’s a very pro-viewer show. And it’s really who I care about. The viewers are my boss. Everyone else is ancillary.”
Our Methodology
To make our list of the stocks that Jim Cramer talked about, we listed down the stocks he mentioned during CNBC’s Squawk on the Street aired on March 14th.
For these stocks, we also mentioned the number of hedge fund investors. 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).
10. Intel Corporation (NASDAQ:INTC)
Number of Hedge Fund Holders In Q4 2024: 83
Intel Corporation (NASDAQ:INTC) has been one of the top-performing stocks lately. Most investor interest in the shares has stemmed from its new CEO Lip-Bu Tan taking over the helm. In his previous remarks about Intel Corporation (NASDAQ:INTC), Cramer has expressed confidence in the new CEO who is credited for restoring confidence in EDA software firm Cadence. In his recent remarks, he maintained his optimism:
“Oh I love him. This guy is serious, serious guy. Now look, Intel’s got its own problems. They’re very, very tough. Because it did miss whole eras of chips. But Lip-Bu Tan, I urge everyone to go watch the YouTube video when he gets the Robert Noyce award. This is in 2022. He explains what he’s going to do and where he is. He saved Cadence. Took it from one billion to 48 billion. So 48 bagger. And he is remarkable. And smart. And he’s gonna really make them go faster. He was a great venture capitalist, a great businessperson. And he saw generative AI coming because this is from 2022. I really like him. He’s got a lot of work to do but I no longer feel you need to sell Intel. And I’ve been saying to sell Intel since Lisa Su told me sell Intel.”
9. Micron Technology, Inc. (NASDAQ:MU)
Number of Hedge Fund Holders In Q4 2024: 94
Micron Technology, Inc. (NASDAQ:MU) is one of the largest memory chip manufacturers in the world and the only American firm in the industry. Its stock has been on a roller-coaster ride this year. Micron Technology, Inc. (NASDAQ:MU)’s shares were up by 25% ahead of January’s DeepSeek selloff only to lose all the gains during the selloff. More recently, Cramer has warned about the impact on the firm from the President possibly retracting CHIPS Act investments. He has, however, remained upbeat about Micron Technology, Inc. (NASDAQ:MU)’s CEO:
“[On Micron’s gains] Okay, so that is a good example. That if I were the President, I’d be saying, you know watch Micron, it’s up seven. And I would say Micron owes the US money because they got money from the CHIPS Act. And then he would say, I didn’t mean to hurt them, you have to take pain. And I’d be like, gratuitous. Now Micron is you know my favorite, I said earlier this week that people should buy it. I think Sanjay Mehrotra’s terrific. They have high bandwidth memory. But I will point out. They were involved with the CHIPS Act. And anybody’s involved with the CHIPS Act is considered radioactive. By the President. Be careful. I mean I think Sanjay’s great. I hope Sanjay is not in the crosshairs. They were trying to give money away. And if they call you and say, listen, we’d like to give you five billion, your natural reaction is not to say, woah, I don’t need that five. It’s more like, okay. Okay.”
