In this piece, we will look at the stocks Jim Cramer recently discussed.
In his recent appearance on CNBC’s Squawk on the Street, Jim Cramer commented on the devastation from the California wildfires and its impact on the services business. Cramer wondered “whether we’re supposed to be thinking about how much business was really, service business was hurt because of California.” He also contemplated whether wealthy people who were invested in the “service part of the economy” seemed to be “just, not spending, because they don’t know what their situation is.”
One of Cramer’s favorite barometers of the stock market performance is his bear-bull indicator. The show marked a rare occasion this year when the CNBC TV show host mentioned this indicator. Cramer shared that “The bull indicator is the lowest since June 2022, and bear’s the highest since September 2022. So you got, it’s reflected everywhere. The level of confusion that’s turning into negativity.”
One sector that came to his attention during the show was the alcoholic beverages industry. According to Cramer, “The stoners aren’t making money. Beer’s not making any money. Hard liquor’s not, oh my god the browns, people talk about the browns. They’re down so much.”
He shared some of the reasons behind why alcohol stocks might be suffering. Cramer outlined:
“The numbers are just incredible. People just have shifted to food. What it really is this they want one beer instead of two. They want, instead of having two margis they’ll have one margi. And that’s the big change. It’s moderation. And that is amazing because we’ve never seen moderation. We’ve seen people just drink more and more and more. And then the price went up very big. None of these liquor companies are willing to cut prices. I don’t know why they’re not. They’ll all break one day. They’re just going to break. They’ll break.”
As markets opened during his show, Cramer commented that they were struggling after President Trump’s latest tariff announcements. “It’s a fraught moment,” he outlined and added, “I don’t want anyone to think that we’re minimizing it. It’s a very fraught moment. Because the President is in accelerated computing mode on tariffs.”
Continuing with the analogy of the AI GPUs, Cramer shared:
“Between, yes, pre-train and post-train, I don’t know. I mean look I try to be constructive about this stuff. Last night I couldn’t be, because I said look, these are great American companies and they have no idea . . . they don’t know what to do. They just don’t know what to do.”
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 February 27th.
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).
11. Anheuser-Busch InBev SA/NV (NYSE:BUD)
Number of Hedge Fund Holders In Q4 2024: 31
Anheuser-Busch InBev SA/NV (NYSE:BUD) is one of the biggest alcoholic beverage companies in the world. Its shares have lost 4% over the past year as the firm has managed to weather the storm that has plagued the broader industry. Anheuser-Busch InBev SA/NV (NYSE:BUD)’s shares are up by 20% year-to-date as the firm’s fourth-quarter earnings report in February impressed investors. Amidst dropping demand, the firm shared that its profits grew by 10% in Q4 which was higher than analyst estimates. Here is what Cramer said about Anheuser-Busch InBev SA/NV (NYSE:BUD):
“They have cut back dramatically. Look David, although Bud had better numbers. But people thought Bud’s numbers are going to be really bad, but, the decline in beer’s . . .I had Texas Roadhouse on, and when their hottest drink is a mocktail. I mean a mocktail! I’m talking mocktail!”
10. Sempra (NYSE:SRE)
Number of Hedge Fund Holders In Q4 2024: 34
Sempra (NYSE:SRE) is a California-based utility that provides power and natural gas. Its stock is flat over the past year after a massive 19% drop in February. Sempra (NYSE:SRE)’s shares fell after it cut its 2025 profit-per-share guidance to a $4.50 midpoint from an earlier $5.075. A warmer winter in Texas also led the firm to miss its Q4 earnings estimate of $1.60 per share by ten cents. Cramer also mentioned the California wildfires when discussing Sempra (NYSE:SRE):
“Because again and again we come back, hey by the way, Sempra, a company I like very much, SRE, that was a, they were hurt, it was down 20% the other day. Why? Well because suddenly the public utility holding commission out of nowhere in the last couple of days in California said we have a fire problem. And take a look at that decline. This is a really good utility. We’re just beginning to calculate how bad the wildfires really were for business. Obviously, the loss of life was terrible.”
9. The J. M. Smucker Company (NYSE:SJM)
Number of Hedge Fund Holders In Q4 2024: 37
The J. M. Smucker Company (NYSE:SJM) is an American food products company that sells frozen food, pet food, snacks, and other items. Its shares have been on somewhat of a turnaround in 2025 as they have pared back their earlier losses of 22% over the year to 10% over the year. The J. M. Smucker Company (NYSE:SJM) jumped by 12% in February after the firm navigated a tough 2024, which saw cost-conscious customers trim their purchases. Here is what Cramer said:
“One that I think you want to watch is Smucker. Smucker had fantastic Uncrustsble’s numbers. Okay. But then they had not so great, the Hostess numbers, and you can see it’s a tug of war between how great Uncrustables is and how, whether they can get this Twinkie acquisition that they made together. And it is interesting to see a company that has a product that has set the world on fire which is Uncrustables. I don’t use it, but I know the NFL likes Uncrustables.”
8. eBay Inc. (NASDAQ:EBAY)
Number of Hedge Fund Holders In Q4 2024: 45
eBay Inc. (NASDAQ:EBAY) is one of the oldest players in the eCommerce industry. Throughout 2024, it embarked on a strategy to attract high-paying customers in 2024 which led to the shares closing the year 44% higher. eBay Inc. (NASDAQ:EBAY)’s shares have also gained 3.9% year-to-date after trimming some of their gains in February. The shares dropped by 8% in February after the firm’s Q1 midpoint revenue guidance of $2.54 billion missed analyst estimates of $2.6 billion and $18.45 billion of merchandise guidance missed estimates of $18.86 billion. Here is what Cramer said:
“And their, that forecast, because if you look at the actual numbers, you might be very impressed. But when you look at the forecast, it was very downbeat. That’s like, I think there’s a lot, I think that people have to understand that the forecasts have been playing a real havoc here in a lot of names. And there’s a lot of people who just say, wait a second I thought my company was doing well. I didn’t think Ebay had to be as negative as they were. I think, it’s like Sweetgreen.”
7. Constellation Brands, Inc. (NYSE:STZ)
Number of Hedge Fund Holders In Q4 2024: 51
Constellation Brands, Inc. (NYSE:STZ) is an alcoholic beverages firm that has grappled with a shifting market and inflation for more than a year. Its shares have lost 29% over the past year, driven primarily by a massive 17% drop in January. Constellation Brands, Inc. (NYSE:STZ)’s shares dropped after the firm’s fourth-quarter results saw it lower annual beer sales guidance growth to a 5.5% midpoint from an earlier 7%. Here’s what Cramer said:
“By the way, Constellation Brands, it’s like a parade of horribles. I mean we know that beer’s unhealthy, we know there’s cannabis. But they have Mexican beer, and the company kept famously saying to me the President’s not going to tariff Mexican beer. You can’t make Mexican beer in America. Well I don’t think the President’s all that nuanced about these tariffs.”
6. Royal Caribbean Cruises Ltd. (NYSE:RCL)
Number of Hedge Fund Holders In Q4 2024: 58
Royal Caribbean Cruises Ltd. (NYSE:RCL) is a cruise ship company that is part of a sector that Cramer has been quite optimistic about recently. The TV show host has stressed that the sector is benefiting from a stronger dollar and a robust travel industry which have driven the demand for the firm’s products. However, Royal Caribbean Cruises Ltd. (NYSE:RCL)’s shares dropped by 11% in February after the Trump administration hinted that it would remove tax exemptions for the sector. Cramer is still a believer in the stock:
“Royal’s doing incredibly well. I think they’re doing well.”
5. Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)
Number of Hedge Fund Holders In Q4 2024: 58
Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) is another cruise ship stock that Cramer has been full of praise for recently. He has mentioned the firm several times in the context of the broader cruise ship industry which he believes has benefited from a stronger dollar and a resurgence in demand following the coronavirus pandemic. Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) performed well in 2024 through triple-digit percentage occupancy and double-digit revenue growth. However, its shares are down by 12.5% year-to-date, as the firm missed analyst 2025 profit estimates and struggled due to investor worries about the Trump administration ending its tax exemptions. Here is what Cramer said:
“Yeah look I think Norwegian, again the forecast was not as robust as they could have done. They could have easily said look things are really good.”
4. Veeva Systems Inc. (NYSE:VEEV)
Number of Hedge Fund Holders In Q4 2024: 60
Veeva Systems Inc. (NYSE:VEEV) is a technology company that caters to the needs of the healthcare, pharmaceutical, and life sciences industries. The firm provides customer relationship management, analytics, regulatory compliance, and other software. Veeva Systems Inc. (NYSE:VEEV)’s stock has been flat over the past year as the firm has suffered from several negative catalysts, such as analyst downgrades, its CFO leaving, and a weak sales outlook. Cramer believes that it is facing tough competition from Salesforce. Here’s what he said:
“You know what was really the most interesting, and I don’t mean to rain on the Agentforce parade, but, they’re [Salesforce] working very closely on a healthcare vertical. Uh that goes against Veeva. Which does healthcare tests.”
3. Palantir Technologies Inc. (NASDAQ:PLTR)
Number of Hedge Fund Holders In Q4 2024: 64
Palantir Technologies Inc. (NASDAQ:PLTR) is one of Cramer’s most commonly discussed stocks. The firm provides data analytics products and services. Over the past twelve months, it has garnered attention due to its ability to help businesses transform via AI and through its role as a defense contractor. Cramer believes that Palantir Technologies Inc. (NASDAQ:PLTR) can help the Pentagon reduce costs. The firm’s shares slipped by 32% in late February as investors wondered whether it might end up being a target of cost-cutting instead. Palantir Technologies Inc. (NASDAQ:PLTR)’s recent share price performance left Cramer flummoxed as he commented on the firm in the broader context of other stocks and wondered what was driving the shares:
“Yeah, all [PLTR, other stocks] back. And whether it’s Bitcoin. Is it Bitcoin, is it the GE Vernova piece out today, is there a quantum, Amazon piece?”
2. Warner Bros. Discovery, Inc. (NASDAQ:WBD)
Number of Hedge Fund Holders In Q4 2024: 64
Warner Bros. Discovery, Inc. (NASDAQ:WBD) is a legacy media and entertainment company that has struggled in the wake of Netflix’s dominance in the streaming industry. Its shares have gained 30% over the past year, with a key driver of the performance being the firm’s Max platform, which has gained subscribers globally. Warner Bros. Discovery, Inc. (NASDAQ:WBD)’s shares have gained 52% since October and are up by 7.5% year-to-date. Cramer commented on the stock price performance:
“[On WBD shares up by double digits] Is that cause of debt paydown by twenty billion?”
“Given the debt paydown . . .they paid down twenty billion they’re down to thirty-four billion. At what point would the valuation, say of the studio, separate from the TV assets, become clear? When would people realize, wow, this may be a gem?”
1. General Motors Company (NYSE:GM)
Number of Hedge Fund Holders In Q4 2024: 68
General Motors Company (NYSE:GM) is one of the biggest car manufacturers in America. Even though the broader automobile industry struggled in 2024 due to high rates and inflation denting demand, General Motors Company (NYSE:GM)’s shares performed well as its demand remained robust. However, in 2025, the firm has had to deal with a new tailwind. This tailwind is President Trump’s Mexico tariffs which can significantly complicate General Motors Company (NYSE:GM)’s manufacturing operations. Cramer commented on the tariffs and what CEO Mary Barra is doing:
“Look I think that Mary Barra put through that accelerated buy, and four billion dollars other than that, because of this. You know her stock sells at 4.6 times next year’s earnings, which is really unheard of. . . .I don’t think GM’s earnings are about to collapse. I think GM’s earnings are going to be very hard to figure out. For everybody, because you have like Allison Transmissions. . . .and then it goes back to Monterrey, and then it goes back to Texas. I mean we can’t even figure it out. And I think that there is a sense that something has to happen so that we can figure out what it costs to make a car.”
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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