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 shared business sentiment surrounding President Trump’s tariff strategy. He outlined:
“I think the people that I deal with in business are saying it’s fluid. Fluid’s kind of this nice, non-pejorative word. . just you gotta be ready for anything . . . David, last night, I said that we are now in the Clubber Lang phase though. The prediction? Pain. When you have a prediction of pain, then you’re going to get what we have. Which is that everything is mixed. Even when we get a number. A series of numbers that I actually liked.”
Cramer added that when it came to the tariffs, the “Forecast calls for pain. And next week I probably I expect to start hearing about auto. I start expect to start hearing about Europe. And I think it’s going be ugly.” When further pressed about this forecast, he added: “I’m saying the President is giving you a forecast and he’s making it happen. The President’s applying pain.”
Another topic that Cramer discussed recently is the timeline of the President’s actions. During his previous programs, he outlined that the process should take at least a year and added that some quarters were expecting the tax cuts to come first and be followed by the tariffs.
For the latest sentiment, Cramer shared:
“Now people are starting to talk about look, can he get all this done by the midterm elections. I think it’s a continual process. You know, Carl, when I look at what the President wants to do, I just say, he’s not focused on the stock market because he’s got bigger issues. And the stock market’s not that big. We’re focused on the stock market because it’s what we do for a living. And, most of his comments, send stocks down.”
One country that the President has targeted with tariffs to reduce fentanyl shipments into the US is Mexico. Cramer and his wife rely on Mexico for their business inputs. Therefore, he keeps a close eye on America’s southern neighbor. So what’s going on in Mexico? Cramer outlined:
“I read a lot of publications from Mexico. And they’re very excited. Because they’re saying, she’s got rapport. . .she is someone who obviously has figured how to have constructive engagement. Now Secretary Bessent was talking about what went on with Zelenskiy. . .and it seemed like that was a textbook of how to have non-constructive engagement. It is interesting to see a technocrat, Scheinbaum is a technocrat, she’s not someone who’s a firebrand. . .She’s approaching it very, businesslike. And I think that that was what was expected by President Trump. Like look, let’s make deals. And she’s, okay, let’s make deals.”
One of the struggles that businesses face is uncertainty about whether to keep their inputs in Mexico or ship them to the US. Businesses are wondering whether to “keep it there” or to “move it [inventory and raw materials] over Texas,” he outlined. “Do you find a warehouse? Do you work overtime to bring it in? This is just one industry but the tequila industry is a gigantic industry,” he added.
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 on March 7th.
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. Banco Santander S.A. (NYSE:SAN)
Number of Hedge Fund Holders In Q4 2024: 17
Banco Santander S.A. (NYSE:SAN) is a European bank that is one of Cramer’s top stocks when it comes to the continent. The host’s sentiment is grounded in fact as not only have the shares 47.8% over the past year but the bank’s fourth-quarter profit sat at a record €3.27 billion. However, Banco Santander S.A. (NYSE:SAN)’s shares fell by 5.8% on Monday amidst a selloff in European stocks on the back of tariff uncertainty. Here’s what Cramer said on Friday:
“But I will say, you do not want to compare our markets to theirs. I like Spain here. Banco Santander. I think that Ana Botin’s the greatest banker on Earth. She’s also the best golfer on Earth. She’s everything. I’m jealous of her.”
9. Enterprise Products Partners L.P. (NYSE:EPD)
Number of Hedge Fund Holders In Q4 2024: 29
Enterprise Products Partners L.P. (NYSE:EPD) is a Texas-based midstream energy company that provides pipelines and associated services to the broader industry. Cramer’s been a fan of the stock lately, and his previous remarks revealed that the firm was his “absolute, absolute favorite of the group.” Enterprise Products Partners L.P. (NYSE:EPD)’s shares have gained 21.7% over the past year and are up by 7.9% year-to-date. Over this time period, the firm has secured contracts for crude oil export, pipeline networks, and a deepwater oil port. Here are Cramer’s latest comments about Enterprise Products Partners L.P. (NYSE:EPD):
“I think you have to have an energy stock in your portfolio. You have to. The best ones may be the . . Enterprise Partners is doing very well, EPD. I don’t know. There’s a lot of ways to make money down there.”
8. The Gap, Inc. (NYSE:GAP)
Number of Hedge Fund Holders In Q4 2024: 39
The Gap, Inc. (NYSE:GAP) is a well-known American apparel company. Throughout 2024, the firm’s narrative depended on a turnaround effort under its new CEO. Through this strategy, The Gap, Inc. (NYSE:GAP) aims to streamline its businesses, consolidate brands, and reduce operating costs. Its shares are flat over the past year and have shed 8% year-to-date. The Gap, Inc. (NYSE:GAP)’s stock jumped by 18.8% after its solid fourth-quarter report saw $4.1 billion in revenue and $0.54 in profits-per-share beat analyst estimates. Here is what Cramer said:
“We’ve got, GAP up seven. Banana Republic up four. Old Navy up three. These are almost double what people would expect. In some case, GAP, the flagship, more than double. A lot of people say wait a second is it going to make any money . .tariffs, only 11% of its goods are made between Mexico and China. Uh, this man has taken this company, he came on first, he said listen I gotta fix the balance sheet. . . He’s got 2.6 billion in cash, got a 3% yield. This deserves to trade much higher. Somehow it dropped. . . .this thing has cascaded lower for absolutely no reason whatsoever. This is the stock to buy in retail. Alright. . . .I wanna own this one.”
7. Ford Motor Company (NYSE:F)
Number of Hedge Fund Holders In Q4 2024: 45
Ford Motor Company (NYSE:F) is the iconic American car manufacturer that has been one of the most struggling stocks recently. Its shares have lost 17% over the past year, primarily on the back of an 18% dip in July as high warranty cost coverage spooked investors. Cramer’s recent comments about Ford Motor Company (NYSE:F) have surrounded President Trump’s tariffs and their impact on the car industry. Previously, he has cautioned viewers to avoid buying the shares; this time, he lamented the position Ford Motor Company (NYSE:F) CEO Jim Farley must be in these days:
“[On Trump changing his mind about tariffs] “Well that’s the biggest problem with our market it’s just that the inconsistency is just nightmare. I mean I am so glad I’m not Jim Farley or Mary Barra. Because they wake up every day and they’re saying well Canada yes, Canada no. I got another month. But maybe I don’t have a month. These are big companies! Big CEOs! And they’re being surprised every day in a way that I would not think possible.”
6. Walgreens Boots Alliance, Inc. (NASDAQ:WBA)
Number of Hedge Fund Holders In Q4 2024: 46
Walgreens Boots Alliance, Inc. (NASDAQ:WBA) is an embattled American pharmacy retailer whose shares closed 2024 after shedding 63%. The stock fell as the firm’s pharmacy footprint bled money as it struggled with consumer spending and reimbursements. Walgreens Boots Alliance, Inc. (NASDAQ:WBA) has been a continued center of acquisition-related chatter, and matters peaked in March when the shares jumped by 5.7% after confirmation of a go-private deal. Here is what Cramer said:
“Look cause I’ve always loved Sweeney, with Sycamore. And I think the world of Wentworth.
“I think Wentworth saved the company. I think that this is a company that may have been, on death row. I think they bought so much. . .but the lock and key is really, that’s the Achilles Heel, the actual brick and mortar, Amazon, lurking. Amazon wanting that business. Amazon same day, Amazon, hourly. These are all things that just make it so the Walgreens situation’s too hard. Now, I know that Walgreens told me that the only stores that are open still are money making. Which is what I think Sweeney’s looking at. I do think that Wentworth gave you some upside which is terrific. I’m sure that people were mad at Wentworth because he sold so low so to speak. I think he saved it. I think he saved the jobs. I’m proud of what he did.
“I’d like to just buy a call on Wentworth, sell the call on the President, buy the call on Wentworth. Don’t sell the put on the President. That could be deadly.”
5. Coterra Energy Inc (NYSE:CTRA)
Number of Hedge Fund Holders In Q4 2024: 48
Coterra Energy Inc (NYSE:CTRA) is an oil and gas company that has delivered lackluster stock returns lately. Its shares have gained a modest 1.5% year-to-date and are flat over the past year. Some of the factors that have driven Coterra Energy Inc (NYSE:CTRA)’s stock include global oil turbulence due to sluggish economic output. Cramer is a fan of the firm’s management and particularly its CEO who he believes is the “dean of the oil and gas industry.” Here are his latest remarks about Coterra Energy Inc (NYSE:CTRA):
“I like Coterra because it’s natural gas, which is four dollar natural gas, it’s really well. A lot of people always want Occidental because it’s Buffett’s company, it’s not as well run as Coterra. It’s not as well run as Chevron. Which has really lagged.”
4. Nucor Corporation (NYSE:NUE)
Number of Hedge Fund Holders In Q4 2024: 51
Nucor Corporation (NYSE:NUE) is one of the largest of its kind in the American steel industry. When it comes to materials and industrial stocks, it’s also a frequent appearance on Cramer’s morning show. Throughout the year, the host has lamented that Nucor Corporation (NYSE:NUE) has been harmed by cheap Chinese steel flooding the US markets through Mexico. With President Trump and Mexico’s President Claudia Scheinbaum having developed a working relationship, he’s quite optimistic about the firm now:
“People always ask me, is there something that you can buy off of what’s happening? And Morgan Stanley released that steals the thunder here. Nucor. And the reason I say Nucor is because, Claudia Scheinbaum, the President of Mexico, is just totally on board about Chinese steel. Now the way that they’ve been getting steel in this country, China, is through Mexico. If she shuts that down, and really demonstrates that she shut it down, she’s gonna be able to cut a better deal than anybody else in the world. And that means that the steel prices are going to go up no matter how soft you think the economy is. They’re using 167 target, I would say this thing could go back to its high, this could go to 180. And so, it’s a great company. It’s the best steel company in the world. Largest in America. And I just think if you really are bullish, not the put, the call, that’s whatever, that’s option talk. If you think the President’s plan has a, has some gravitas, go buy Nucor.
“And I gotta tell you Nucor has been hurt so badly by this transhipped Chinese steel. And it will be shut down. We know which is Chinese and which isn’t. Because Mexico’s got plants. So I just think we’re starting to see some pricing.
“But I would say that Nucor’s as easy as anyone that I’ve seen. And the rest of them are so darn hard.”
3. Lululemon Athletica Inc. (NASDAQ:LULU)
Number of Hedge Fund Holders In Q4 2024: 60
Lululemon Athletica Inc. (NASDAQ:LULU) is a Canadian athletic apparel retailer. Amidst a broader turbulence in the retail industry, its shares have been hit hard as they have lost 26% over the past year. However, despite the fact that it’s Canadian, Lululemon Athletica Inc. (NASDAQ:LULU) has avoided investor pessimism surrounding its ability to be impacted by President Trump’s tariffs against Canada. Here are Cramer’s latest remarks about the firm:
“Athleta [GAP’s brand], David, could be taking share from Lulu. I asked whether there was an existential threat to Lulu. Lulu’s much more expensive. . .everything is much more expensive.”
2. Hewlett Packard Enterprise Company (NYSE:HPE)
Number of Hedge Fund Holders In Q4 2024: 66
Hewlett Packard Enterprise Company (NYSE:HPE) is an enterprise computing hardware and software products provider. Cramer’s previous comments about the firm surrounded its multi-billion dollar bid to acquire Juniper Networks. He believes that the scrutiny surrounding the deal is unwarranted and is based on misconceptions about the business. Hewlett Packard Enterprise Company (NYSE:HPE)’s fiscal first quarter report sent the shares tumbling by 12% after its fiscal Q2 midpoint EPS guidance of $0.31 and $7.4 billion in revenue missed analyst estimates by a wide margin. Cramer aimed at the firm’s CEO:
“[HPE on a 52-week low] That was a terrible call. The conference call. Because Neri I think was way too bullish. When they start telling you everything is good, good, good, oh but we did have some 800 basis points of margin pressure. No, no you start with that call by saying, okay we don’t have the horses. And we’re gonna get ’em. But we don’t have the horses. You do not start optimistic. And I like Mr. Neri very much. But he was way too glib about the problems that are facing him. And he should have been more apologetic. About what he did.”
“Well, first he, tariff uncertainty. The other guys are killing him. They’re taking big share from him. He starts you know, he’s focused on that acquisition that I don’t think. . . .he starts with that. But he just says look I’m very proud of the quarter. I mean don’t be proud of a bad quarter. People see you as, listen to me, when you have a huge miss like he, when you have gigantic decline in gross margins, down 680 basis. Uh weak server numbers that were just terrible. You have big work reductions. Uh you have tariff uncertainty. It was a terrible quarter. Why not just say, you know what, we didn’t do a good job. And then I would say, okay well let’s work on that. You had to do layoffs, you’re biting the bullet, that’s terrific. But you can’t be glib. And I think part of the problem is he’s got that great optimistic nature. But sometimes you have to just you know what, we didn’t deliver. And you have to swallow your optimism and come in a little more humble.”
1. General Motors Company (NYSE:GM)
Number of Hedge Fund Holders In Q4 2024: 68
General Motors Company (NYSE:GM) has been a frequent appearance on Cramer’s recent shows due to its exposure to President Trump’s tariffs against Canada and Mexico. General Motors Company (NYSE:GM)’s supply chain risks being disrupted due to the tariffs, and in his previous remarks, the TV show host has cautioned viewers against buying the stock. Yet, despite the overall pessimism against the firm, Cowen came up with a rather unbelievable price target for the firm. Cramer’s remarks in response deserve to be quoted in completeness:
“[Cowen’s new GM target] What am I supposed to do with that? What do I do with that? I’m like a serious professional. I don’t know what to do with that. 105 [mimics an auctioneer], I see you, I take it 105, 105, David do I have 110? Do I have 110? Do I see you? Check, I got 120 in the back, I check to the left. I mean what am I gonna do with that? I mean like Mary Barra’s like, she’s like what is that guy doing? Mary’s probably saying, the CEO of GM, I mean, don’t do that. We’re seeing a lot of stuff that doesn’t, come on play by the book here. . “
GM is a stock Jim Cramer recently discussed. While we acknowledge the potential of GM 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 GM but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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