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.”
8. AppLovin Corporation (NASDAQ:APP)
Number of Hedge Fund Holders In Q4 2024: 95
AppLovin Corporation (NASDAQ:APP) is a software company that enables firms to run advertisements in video games. Cramer has commented about the firm multiple times this year. He has been optimistic about the firm’s ability to target the non-linear advertising market which has boomed as traditional cable networks grapple with dropping viewership. The CNBC host has also dismissed short seller reports against AppLovin Corporation (NASDAQ:APP). Here are his latest remarks:
“But AppLovin was a stock that was almost cut in half that is bouncing back. There had been a big short report on it. But they do have great cash flow. I don’t want to get involved. That’s a total battleground meme stock. Remember memes? That’s a meme stock.”
7. Costco Wholesale Corporation (NASDAQ:COST)
Number of Hedge Fund Holders In Q4 2024: 96
Costco Wholesale Corporation (NASDAQ:COST) is a retailer that has performed well in the recent inflationary wave due to its discount business model. Cramer is a fan of the stock and has commented on it multiple times in his show. He believes that Costco Wholesale Corporation (NASDAQ:COST) is one of the few retail stocks worth buying and is also a fan of the firm’s management. This time around, he commented on the firm’s subscription business:
“But I would say that. . .Costco, subscription businesses. Subscription businesses are king.”
6. Spotify Technology S.A. (NYSE:SPOT)
Number of Hedge Fund Holders In Q4 2024: 101
Spotify Technology S.A. (NYSE:SPOT) is the biggest audio streaming company in the world. Its shares have gained 131% over the past year and are up by 39% year-to-date. Cramer has been a longtime fan of the stock due to its user base and subscription business. He has also dismissed volatility in the shares which saw them dip by 16% in March but recover all the losses soon after. Here are Cramer’s latest comments about Spotify Technology S.A. (NYSE:SPOT):
“But I would say that Spotify,. . subscription businesses. Subscription businesses are king.”
5. Walmart Inc. (NYSE:WMT)
Number of Hedge Fund Holders In Q4 2024: 116
Walmart Inc. (NYSE:WMT) is another top retail stock, according to Jim Cramer. He has discussed the firm multiple times, and during most of them, has remained upbeat about the firm. Cramer believes that Walmart Inc. (NYSE:WMT)’s scale suits the firm to battle any inflationary storm from tariffs. Cramer has gone as far as to state that “this is the age of Walmart.” This time around, he was doubtful about the firm’s performance:
“Burlington’s had a really, really good quarter. TJX had a great quarter. Walmart, I’m not sure. I’m not sure how good they’re doing. I’m just not sure.”
4. Tesla, Inc. (NASDAQ:TSLA)
Number of Hedge Fund Holders In Q4 2024: 126
Tesla, Inc. (NASDAQ:TSLA)’s shares have been the talk of the town in March. They have shed nearly 21% of their value during the month on the back of worries about dropping demand for the firm’s vehicles due to CEO Elon Musk’s politics. Cramer has commented on these concerns and stressed that Tesla, Inc. (NASDAQ:TSLA) needs to point out to investors that it is an AI and humanoid robot company. He pivoted to the vehicle sales this time around:
“Oh I mean like the unsigned letter. . .
“Well I mean people still keep looking at the, the actual numbers of the sales. And they’re not great. You know that undercurrent is always, well, he turned out to be, Musk turned out to be very political and hard right, and there’s a, there is an overlap between people who are worried about climate and the left. Plus the protests. Lot of things going on against it. If I were him, I’d focus on I don’t know, SpaceX.
“[On Wells Fargo calling the sales decline shocking] Shocking. Shocking. And some of that, remember, is BMW didn’t have good numbers, but BMW is export to China. Auto business is really not that good right now. People don’t realize that when the President was talking about putting bigger tariffs on Canada. That is right, that just kills GM. Explains why their multiple’s really bad. It hurts Ford. These autos are really ping pong. So if you’re gonna hurt GM and Ford, you gotta then put a tariff on Korea. I just wish the President would get over it.”
3. Netflix, Inc. (NASDAQ:NFLX)
Number of Hedge Fund Holders In Q4 2024: 144
Netflix, Inc. (NASDAQ:NFLX) is another favorite Jim Cramer stock. In his previous remarks, the CNBC host praised the firm’s dominant lead in the media industry. Netflix, Inc. (NASDAQ:NFLX)’s shares have gained 53.91% over the past year due to multiple catalysts such as streaming Mike Tyson’s fight and subscriber growth. Subscribers are a key reason why Cramer is impressed with the firm. According to him:
“But I would say that . .Netflix. . ., subscription businesses. Subscription businesses are king.”
2. Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holders In Q4 2024: 166
Apple Inc. (NASDAQ:AAPL) is an ‘own it, but not trade it’ Cramer stock. Despite the fact that the firm’s shares have lost 12% year-to-date, the CNBC host sticks with his assessment. He believes that market worries about Apple Inc. (NASDAQ:AAPL) lagging with AI and Siri are overblown. He also believes that the stock’s performance should not be tied to the firm’s iPhone sales performance in China. Cramer elaborated on his hypothesis in his latest comments:
“I mean Apple had already been going down but that’s now a given.
“On I mean yesterday, in my, I hate to keep alluding to my call, but I said listen the stock’s going lower. And I know that for people who know that I always say own Apple don’t trade it. It was kind of revelatory. But I’ve been saying this for now three weeks that the stock’s going lower. When the stock was at 238. And the reason was it shouldn’t have been at 36 times earnings. It was the only one of the fabled seven that was hanging on there. Now I think Wall Street’s making too much of this, the artificial intelligence. That’s not why people a phone. They buy a phone because they want the phone. And then you can always download, you can get all the, you’ll get the software. I just think Wall Street has turned on the stock. Bears have control of the narrative. They got joined by Morgan Stanley which did matter cause that’s been a long time bull house. But I think that let it come in, I have concern obviously about tariffs. But where is the idea that this has been one of the greatest performing stocks of all time? Where is the idea that this stock would have made you millionaires many times over had you just tuned out the noise? So me, I’m tuning out the noise. I’m tuning out the noise. I’ve been recommending the stock since five. And I’ve, you could have swapped in and swapped out of this a million times. And I’m not playing that game. Unlike Treasury Secretary Bessent, I’m not a hedge fund guy. I’m not.”
“[On whether he considered the stock the most offensive of the Mag 7] No. No. Not until it gets at 26 times earnings. I’m comfortable at 26 times earnings.”
1. Meta Platforms, Inc. (NASDAQ:META)
Number of Hedge Fund Holders In Q4 2024: 262
Meta Platforms, Inc. (NASDAQ:META) is one of Cramer’s top Mag 7 stocks. In his previous comments, he has remained optimistic about the firm’s advertising business and attributed the stock’s performance to cost-cutting efforts. Meta Platforms, Inc. (NASDAQ:META)’s shares have lost 3.9% year-to-date after initially gaining 19% between the DeepSeek selloff and mid-February. However, Cramer is still a fan of the firm:
“The most offensive is Meta, because even though that does have advertising revenue, he’s completely crushing it. Mark Zuckerberg’s crushing it. And by the way, the Adobe thing was very interesting. The Adobe led, that stock was down huge. And one of big the reasons I think why I think is that you can go to Meta, and they can design anything for you. You can go to TikTok and they can, they don’t really help you, but Meta can do many things. And I think people go back to the conference calls and realize he owns, he’s really very much in control of the situation.”
“[On concerns about the advertising market] There are. But again, people don’t realize that when you have a situation where you think everybody is, you’re not getting good ROI in your advertisement, you just circle the wagons, you get out of radio, you get out linear TV as fast as possible. And you go to, you go to Amazon, you go somewhat to YouTube. And you go to Mark Zuckerberg. And you go to TikTok.”
META is a stock Jim Cramer recently discussed. While we acknowledge the potential of META 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. If you are looking for an AI stock that is more promising than META but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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