In this piece, we will look at the stocks Jim Cramer recently discussed.
In his latest appearance on CNBC’s Squawk on the Street, Jim Cramer discussed President Trump’s tariffs on Mexico and their impact on the car industry. Large US car manufacturers, particularly the firm that makes the F-150 truck, have their manufacturing plants based in Mexico. As a result, they can face significant disruption if import costs from the country increase in the aftermath of tariffs.
However, while American car manufacturers are dependent on Mexico, Cramer pointed out that Japanese and South Korean car companies depend on their respective countries for imports. Since neither country has been targeted by tariffs, he wondered whether they could be next.
Another one of Trump’s remarks that caught the CNBC TV host’s attention was his demand that the Federal Reserve lower interest rates. The President has preferred low interest rates for quite some time, and his remarks in January that stressed that he would call on central banks worldwide to lower rates weakened the US dollar. Commenting on Trump’s statements, Cramer wondered “is this discord or is it just a recognition that’s just not the way to go.” He added, “I think the Treasury Secretary has won the President over in terms of the notion of, listen I’ve got it under control, let me handle it, you don’t need to yell at the Fed.”
Cramer believes that simply demanding that the Federal Reserve lower interest rates might not yield any results. Referring to co-host David Faber, he shared “David, yelling at the Fed, yelling at Jerome Powell, sucker’s game. Doesn’t get you anywhere.” Cramer believes “The President doesn’t want to get in a sucker’s game where he yells at the guy, and the guy then says look I really don’t care what this President says. Because he doesn’t like. . . . He likes fealty.”
Another government official Cramer mentioned was Commerce Secretary Scott Bessent. In his previous shows, Cramer has praised Bessent and shared that he has heard good things about the Secretary. He maintained the positivity and shared:
“This guy [Secretary Bessent] he’s making a lot of sense I don’t know how he’s going to [get] the oil up . . .three million barrels. But I would say that he’s a supreme intellect, and people who know him or read about him are kind of saying, wow, this guy’s a stand up, take notice. . . he’s a great practitioner of the game.”
Cramer also wondered how the President would “pay for the sovereign wealth fund without that fifty-year bond?” The President recently signed an executive order to create a US Sovereign Wealth Fund. When Faber pointed out that it was pointless for America to create such a fund, Cramer replied “Well the President says he wants a sovereign wealth fund. He doesn’t say these things idly, he’s thought them through.”
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 February 6th.
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).
11. Intel Corporation (NASDAQ:INTC)
Number of Hedge Fund Holders In Q3 2024: 68
Intel Corporation (NASDAQ:INTC) is an American chip manufacturing giant currently on a turnaround strategy. It is the only US firm capable of designing and manufacturing its chips. However, a slow CPU market, advances in chip manufacturing technology by Taiwan’s TSMC, and the popularity of GPUs for AI workloads have dented the firm’s business. Intel Corporation (NASDAQ:INTC)’s shares lost 59.60% in 2024 and the stock is down 4.2% year-to-date as investors remain wary of any short-term value accretion. Cramer commented on Intel Corporation (NASDAQ:INTC)’s fall from grace:
“We haven’t talked about Intel in a long time. But they used to have this moat of foundries and you’d say okay well they’re gonna win against AMD. Well, now everything’s in flux, they don’t have that.”
10. Bristol-Myers Squibb Company (NYSE:BMY)
Number of Hedge Fund Holders In Q3 2024: 70
Bristol-Myers Squibb Company (NYSE:BMY) is a pharmaceutical company that’s one of Cramer’s favorite healthcare stocks. He has mentioned the firm multiple times in 2025, and most of his comments have focused on Bristol-Myers Squibb Company (NYSE:BMY)’s schizophrenia drug Cobenfy. The stock is up by 18% over the past year as the firm has benefited from the approval of its cancer drug Optivo as well. Bristol-Myers Squibb Company (NYSE:BMY)’s shares fell by 3.8% after the firm forecast 2025 revenue at $45.5 billion which fell short of analyst estimates of $47.4 billion. The shortfall was due to some older cancer drug patents expiring, and Cramer’s comments surrounded the expiration:
“Right I think that there is a lot of misinformation about the drug business. We did get shocked by Merck, the other day. That was, I did not know about the GARDASIL in there, in China, it caught me leaning the wrong way. This company did tell you at the JPMorgan Conference that Revlimid, which is coming off patent, is gonna be a real problem. But nobody changed the numbers. So it comes out. Revlimid’s a real problem, so it goes down. But. What people are forgetting is the incredible launch of Cobenfy, which is their schizophrenia drug which has just taken off and I think is gonna be really rolling. You’re gonna have a readout for some Alzheimer’s at the end of the year. And David, I think, ultimately because we have no new drug for schizophrenia in thirty years, this is going to be one of the biggest drug in history. So you’re selling it right here off of a loss exclusivity about a company they bought, Celgene, which they paid far too much for frankly. And you’re selling it off that instead of selling it off the future. And that’s you know, that’s what people do and it’s foolish. It’s a buy. I own it for the club, I have a small position. I was praying this would happen so I can go in buy and hand over fist.”
9. QUALCOMM Incorporated (NASDAQ:QCOM)
Number of Hedge Fund Holders In Q3 2024: 74
QUALCOMM Incorporated (NASDAQ:QCOM) is one of the largest chip companies in the world. Its products power most of the world’s smartphones, and advances in fabrication have enabled it to also target laptops and notebooks with the products. QUALCOMM Incorporated (NASDAQ:QCOM)’s exposure to the smartphone industry which accounts for more than half of its revenue has led the stock to post weak returns. The shares fell by 3.7% in February after the firm’s latest earnings, and Cramer commented on QUALCOMM Incorporated (NASDAQ:QCOM)’s CEO’s interview with CNBC’s Jon Fortt:
“I did not find Qualcomm disconcerting because it was interviewed, he was interviewed with Jon Fortt and he’s a bit promotional but I do think he’s gotten what he needs.”
8. Starbucks Corporation (NASDAQ:SBUX)
Number of Hedge Fund Holders In Q3 2024: 76
Starbucks Corporation (NASDAQ:SBUX) is a coffee chain that is currently undergoing a turnaround strategy under CEO Brian Niccol. Cramer is a fan of Niccol and has been full of praise for the executive this year. Starbucks Corporation (NASDAQ:SBUX)’s shares jumped by 8% in late January after the firm’s fourth-quarter results revealed that its comparable sales fell by 4% during the quarter which was lower than the 4.6% estimated by analysts. Cramer continues to be a Niccol fan but has adjusted his position in Starbucks Corporation (NASDAQ:SBUX):
“I like Brian Niccol very much. But I turned to Jeff Marks, my colleague portfolio manager and said you know what I’ve loved this for so long but can’t we trim it a little? I mean come on, Brian’s great, there’s no doubt about it, but it’s still coffee.”
[On whether Niccol shifting to Starbucks hurt Chipotle] “No I thought Scott Boatwright did a good job. And I think that he, you know January’s not that good, February’s not that good, some of that’s weather. But when you get that honey chicken, when you discover that limited time offer, people are going to come right back. Now, that sounds a little facetious, but that was a major part of the conference call. Which is that don’t give up on the stock with that chicken coming.”
7. Tesla, Inc. (NASDAQ:TSLA)
Number of Hedge Fund Holders In Q3 2024: 99
Tesla, Inc. (NASDAQ:TSLA) is the world’s largest pure play electric vehicle manufacturer. The firm is in the news for one reason or another, primarily because of its CEO Elon Musk. The narrative around Tesla, Inc. (NASDAQ:TSLA), which Musk insists will shift to humanoid robots, took an interesting turn in February. The firm’s shares have dipped by 7.5% during the month as investors fear that a sales slump in Europe is due to Musk’s political leanings. Cramer’s thoughts for Tesla, Inc. (NASDAQ:TSLA) surrounded President Trump:
“Well I mean German cars seem to have, Tesla seems to have a, some people say, Trump problem.”
6. Eli Lilly and Company (NYSE:LLY)
Number of Hedge Fund Holders In Q3 2024: 106
Eli Lilly and Company (NYSE:LLY) is a pharmaceutical company that’s a common feature of Cramer’s morning shows. He favors the firm’s weight loss drugs over rival Novo Nordisk’s due to higher prescription rates. More recently, the CNBC show host has switched to Eli Lilly and Company (NYSE:LLY)’s drug pipeline as a key driver of its hypothesis. He believes that investors need to look beyond the firm’s recent quarterly earnings and focus on the bigger picture. Cramer’s latest remarks added to this narrative:
“I mean Eli Lilly is in phase three for pill form. They have to take the pill every day. They’ve got so many different trials going on that they used the font that I couldn’t see it.”
“Right but you know what they’re doing? They’re putting up factories for things that have not been approved because they’re so confident they will be. I like that. I think that David Ricks is terrific. Absolutely terrific.”
“And I like the fact that David Ricks has said I want a moat. And the moat is going to be that these are really hard factories, it’s gonna be like foundries.”
“They’ve got trials going on where it just seems like you’d be nuts not to take the drug if you have a comorbidity. And they need to get approval for a lot of health insurers. But it’s an excellent situation. Ricks is good. He kind of screwed up, he was on my show, our show, and at the end of it, it was like, hey David, what was that? Do over? Now there’s no do overs! It was live tv!”
5. Salesforce, Inc. (NYSE:CRM)
Number of Hedge Fund Holders In Q3 2024: 116
Salesforce, Inc. (NYSE:CRM) is a software company that provides customer relationship management software to businesses. Its shares are up by 37.9% over the past six months as the firm has reshaped its narrative around its Agentforce AI service. In his previous appearances, Cramer has remained bullish about Agentforce’s market penetration and also praised Salesforce, Inc. (NYSE:CRM)’s latest advertisement campaign involving Mathew McConaughey. This time around, he focused on the firm’s new chief financial officer:
“One that is just shocking to me, uh, Salesforce. So Salesforce gets a new CFO, Robin Washington, she’s been there for a while. I think she’s very good. I think she’ll do a terrific job. And people are selling it down 17. Like she doesn’t know what she’s doing. What an opportunity. She’s been there for a long time, she’s very smart, I know people liked the CFO, but you know what, sometimes you just wanna say alright I’m gonna buy this company because this will not be a disaster to have Robin Washington up there. So there you got a company that Morgan Stanley put out a terrific note this week, which was absolutely great about how Agentforce was doing. But on the other hand Amy Weaver the CFO was fabulous so it feels like, ehh I don’t want this.”
“. . . Salesforce is a huuuge Buy.”
4. Broadcom Inc (NASDAQ:AVGO)
Number of Hedge Fund Holders In Q3 2024: 128
Broadcom Inc (NASDAQ:AVGO) is a semiconductor company that is one of the biggest beneficiaries of the AI race. Its narrative has been bolstered by its ability to design chips that can be used in AI data centers along with NVIDIA’s GPUs. Yet, Broadcom Inc (NASDAQ:AVGO)’s shares sank by 17.40% in February during the DeepSeek selloff. However, the stock is up by 13% since then partly due to Skyworks losing some of Apple’s orders which opens up a larger piece of the market for Broadcom Inc (NASDAQ:AVGO). Here is what Cramer said:
“It looks like Broadcom’s going to be splitting, maybe not as much as Skyworks, but that’s just devastating at Skyworks, very very good for Broadcom and this is just Hock Tan just coming, every cylinder.”
“Broadcom is a clear winner with Apple and what happened to Skyworks. The stock was up three. And now it’s like barely up.”
3. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders In Q3 2024: 193
AI GPU giant NVIDIA Corporation (NASDAQ:NVDA) was the worst-hit stock during the DeepSeek selloff in terms of market value as the firm nearly lost $600 billion in valuation during the panic. Since the selloff, Cramer has stressed that investors need to be on the lookout for reduced data center spending at big tech and stressed that NVIDIA Corporation (NASDAQ:NVDA)’s Blackwell GPUs offer key features for humanoid robots. His latest remarks about the firm were in the context of cloud computing giant Amazon’s earnings:
“Well what’s hurt this period, it is the NVIDIA quiet period. And if Jensen were to come out and say you know what I hope this stuff goes to zero because then you’ll be able to use a part of Blackwell that is so great. Which I think is true. In other words there was another recommendation today of NVIDIA, they’re obviously trying to give it so it stabilizes but I think that NVIDIA, if we hear tonight that Amazon says you know what, we gotta spend and our Trainium isn’t going to do it, we remain great partners of NVIDIA. If we hear remain great partners of NVIDIA, David, NVIDIA goes to two forty five.”
2. Alphabet Inc. (NASDAQ:GOOGL)
Number of Hedge Fund Holders In Q3 2024: 202
Alphabet Inc. (NASDAQ:GOOGL)’s shares haven’t delivered fireworks similar to some other mega-cap stocks such as Facebook’s parent Meta. Throughout 2024, the firm struggled with a Justice Department investigation that sought to break up the company. The only saving grace for Alphabet Inc. (NASDAQ:GOOGL)’s shares came in December when they surged by 11% after the firm announced its Willow quantum computing chip. Alphabet Inc. (NASDAQ:GOOGL)’s stock slipped by 7% in February after weak results of its cloud business. Here’s what Cramer said about the business division:
“And when you saw that Google actually went down on the spend, you started to say, well hold it, Meta was great for the spend, we were thinking Microsoft may be okay, because that went down because of some other things.”
“. . .people also said, value trap. Now can I just say that Google Cloud [laughs] was not that bad. But we seized on that as a reason. We’ve seen this way too often. Google Cloud, we’ll see a division not be perfect, and we’ll say aha! That’s why it’s going down. Because that division is, it doesn’t come on air and say hey listen, you know what, you guys are wrong. I think that Google Cloud probably had a lot of good things in it and we just didn’t talk about it. It’s been a juggernaut.”
1. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders In Q3 2024: 286
Amazon.com, Inc. (NASDAQ:AMZN) became the latest big tech stock to fall after its fourth-quarter earnings in February. While the firm had managed to escape the DeepSeek selloff unscathed due to its presence on the demand side of data center spending, the shares slipped by 3.7% after the Q4 earnings. The results saw Amazon.com, Inc. (NASDAQ:AMZN)’s cloud business AWS deliver $28.79 billion in revenue which fell short of analyst estimates of $28.87 billion and indicated that the billions the firm has spent investing in AI would take longer to recover. Here’s what Cramer said about Amazon.com, Inc. (NASDAQ:AMZN) ahead of its earnings:
“Well we have to hear what Amazon says because Amazon could lay to waste everybody.”
“I think that we’re going to see. This is what’s going to break Amazon out. The word that they have in Alexa who’s going to be your personal assistant. I mean this morning I get up it’s like you know the usual four o clock, the futures look bad, wait Honeywell up two thirty eight. And all I ask, all I ask, was Beethoven’s first piano concerta. And I get those Brendel sonatas! What did I say to her that said sonata to her? Now when I go to Brian Olsavsky, when I go to the CFO, I know I’ve said this, I’ve said I am dog tired of asking for Stravinsky and they give you Chaikowsky. That has to end! And he said not only will it not do that anymore but it will say you know at eight twenty you have a photo shoot, at eight forty five you’ll have to a new tie by Ferragamo, at eight forty seven it’s a Brioni suit. And eight fifty two you better look darn good. That’s what it’s going to do. So David if it does that instead of just saying well um the joke of the day, an eight billion black hole, Alexa, no more.”
AMZN is a stock Jim Cramer recently discussed. While we acknowledge the potential of AMZN 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 timeframe. If you are looking for an AI stock that is more promising than AMZN but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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