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 commented on how he’s facing trouble using ChatGPT. In his. In previous remarks about OpenAI’s software, Cramer shared that he used ChatGPT regularly to research stocks before his programs. While he maintained that “I use ChatGPT all the time,” he added that “it was really bad yesterday.”
Cramer added that ChatGPT “was dumb; it was more stupid than Alexa.” He also shared specific examples of where ChatGPT failed to meet his expectations. According to him:
“They are so bad because I got caught using it for something I’m writing. And it was so wrong. It was the ‘return on Meta’ and it was like ‘Meta’s return since it came public was 17%’ and that was not even the CAGR it was just like 17%. 17%. I was like no, and I went back and said I think that’s wrong. And it said you’re right, its 300%.”
When co-host David Faber pointed out that the output from most AI chatbots has to be cross-referenced with each other, Cramer countered and pointed out that the process was too time-consuming. “But by the time I’m finished with that, I could have hand-counted it,” shared the CNBC TV show host.
He was also full of praise for the late actor Gene Hackman whose death shocked the media industry. Cramer recalled:
“Yeah I was a great friend of Gene for a very long time. He did move on. Uh from when he was a great partner of mine at my hedge fund. And he was a quiet genius. You’d learn from him every time. He came into my office one day. I happened to be a huge Gene Hackman fan. And he was in the lobby, and he said, can I see you, and I said listen nobody’s the wizard. But he was so thoughtful and great by the way in so many things that he did. For instance, he did a painting of me that I’ve always kept, that he did in early 2000. But a remarkable man, a kind man, obviously a great actor. One of the most humble people I’ve ever met. Never in a million years, I remember one time when my eldest said to him you are a great basketball coach and he said, no you see, that was a movie.”
He also recounted Hackman’s movies that he liked and commented on the contrast with the movies that Hackman actually liked. Cramer stated:
“It’s funny cause the movies that he loved, I told him I loved obviously Conversation, you know, I loved French Connection. The ones that he loved were very different. He loved Royal Tenenbaums, he loved things where he played . . . .but the best thing he ever said to me was, I was in a couple of deals, and he said, and they backfired, and he said, Jim, sometimes you just get had. Simple man, great man.”
Cycling back to the trade tensions between the US and China, he added the market is wondering what “the President going to do about China?” While admitting that “China’s not as important as it was, but it doesn’t matter,” Cramer added: “Because everybody in the end is concerned about what the President’s going to do.”
“I mean there are 18 friendly countries that are allowed unlimited selling. And they’re saying look, maybe that is arbitrary, and they’re to go over the President’s people about, how, to change those midnight rules that were put together by the Biden Administration right at the end of his term. So be aware that there’s a lot of moving parts, in NVIDIA, no moving parts in Snowflake.”
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. Lennar Corporation (NYSE:LEN)
Number of Hedge Fund Holders In Q4 2024: 70
Lennar Corporation (NYSE:LEN) is one of the largest home-building companies in America. Since housing stocks depend on interest rates, the firm’s shares have struggled over the past year. During this time period, Lennar Corporation (NYSE:LEN)’s shares have lost 19.5%, as high mortgage rates lead to higher housing inventory and lower demand. Year-to-date, the stock is down by 3.8% despite a 9.8% jump in January. Cramer shared that Lennar Corporation (NYSE:LEN) was using AI to optimize its workforce:
“I mean he did talk about Stuart Miller from Lennar. And what Lennar was doing with it and how they’re moving people who are kind of doing skunk work into more important things.”
10. CrowdStrike Holdings, Inc. (NASDAQ:CRWD)
Number of Hedge Fund Holders In Q4 2024: 77
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is a software-as-a-service (SaaS) firm that caters to the needs of the cybersecurity market. 2025 has been a mixed year for the firm as while it managed to reverse all losses since last year’s historic outage in February, since then, its shares have lost 10.7%. CrowdStrike Holdings, Inc. (NASDAQ:CRWD)’s shares were impacted as a weakening economy worried investors when it came to growth, and a DOJ and SEC investigation into a deal made them wonder if bookings would suffer. Here are Cramer’s latest remarks for CrowdStrike Holdings, Inc. (NASDAQ:CRWD):
“Yeah, we’ve got, Crowdstrike puts out a report every year about the, it’s really the cyber threats. And this one they talk about, North Koreans coming into companies, actually posing as employees. Taking data and it sounds so very much like I said George, the Manchurian Candidate. They are masquerading as American employees, another big threat. God this market is so bad since the tariff news. But anyway, I think that Crowdstrike is up. I mention it because cyber is the one area that they can’t seem to tax. Because there is nothing to tax!”
9. Constellation Energy Corporation (NASDAQ:CEG)
Number of Hedge Fund Holders In Q4 2024: 85
Constellation Energy Corporation (NASDAQ:CEG) is an energy company whose shares have benefited from surging investor interest in data centers creating demand for energy. The shares have gained 42% over the past year despite a massive 21% drop in January. Constellation Energy Corporation (NASDAQ:CEG)’s shares tumbled during the DeepSeek selloff as investors wondered whether the demand for its energy would materialize. Cramer has been a long-time fan of the stock. In his previous comments, the CNBC TV show host wondered about the impact on the shares of Microsoft reducing its data center expenditure. This time around, he pointed out that Constellation Energy Corporation (NASDAQ:CEG) is better than alcoholic beverages company Constellation Brands:
“Cause there’s two Constellations. There’s the good Constellation [Constellation Energy] and the bad Constellation [Constellation Brands].”
8. Snowflake Inc. (NYSE:SNOW)
Number of Hedge Fund Holders In Q4 2024: 85
Snowflake Inc. (NYSE:SNOW) is one of the largest data analytics companies in the world. Its shares are flat over the past year and would have been substantially down had it not been for a massive 33% jump in November. Snowflake Inc. (NYSE:SNOW)’s stock soared as the firm’s third-quarter revenue of $942 million beat analyst estimates of $900 million, and its fiscal 2025 product revenue guidance of $3.43 billion was higher than the previous figure of $3.36 billion. Here’s what Cramer said about Snowflake Inc. (NYSE:SNOW):
“Well, you can rent, basically rent the cloud, learn how to use it, learn how to use AI. But David, I picked this [SNOW] because it’s simple. They have what we really want out of company, 24% revenue growth and a good forecast. And it’s a reminder, that there are ways, why is NVIDIA not up 25%? Why is Marc Benioff, Salesforce, not up? Well that’s growing at 9%. This is growing at the level people want. And I’ve got to hand it to Sridhar Ramaswamy, because he took this company over not that long ago. And, it, from Frank Slootman, it had a little bit of a dip but now it’s back. And Frank always said it would be back, the business could be rocky. That’s how got the ‘forecast is the forecast,’ when I said, ‘I’m worried about the forecast’ and he said ‘the forecast is a forecast.'”
“And the list of customers is so long. It’s really great. So you’ll see at Salesforce down a lot, because it doesn’t have the kind of growth. And that’s all people care about. In the end, they care about big-time growth.”
“And Salesforce, maybe you feel that Agentforce is not doing well, I think that’s totally wrong. But I’m not going to get in the way of anyone who wants to sell something which is really going at nine when you’ve something that is growing at the mid-20s like this SNOW, 24% revenue growth hard to come by. So anyway, simple versus difficult is where I’m presenting. And we want simple, we don’t want difficult.”
7. The Home Depot, Inc. (NYSE:HD)
Number of Hedge Fund Holders In Q4 2024: 88
The Home Depot, Inc. (NYSE:HD) is a home improvement products retailer. Its shares have gained a modest 4.2% over the past year as the firm has navigated a tough construction market held back by high interest rates and inflation. The Home Depot, Inc. (NYSE:HD)’s stock rose by 2.8% in February after the firm’s same-store sales grew by 0.8% during the quarter. Analysts, on the other hand, had expected the sales to drop by 1.87%. Here’s what Cramer said about The Home Depot, Inc. (NYSE:HD):
“Right, now I have thought that Home Depot would have talked about it more their conference call and they really didn’t address it. I mean that’s where you rebuild, that’s what, there were many years where there would be, in Homestead, Florida, when it was basically wiped out by a hurricane. It was great for Home Depot for a year. Home Depot does not talk about something that is great for them when it’s a tragedy. They are not so cavalier as to say, wow, we are crushing it in California. They’re better than that.”
6. Pfizer Inc. (NYSE:PFE)
Number of Hedge Fund Holders In Q4 2024: 92
Pfizer Inc. (NYSE:PFE) is one of the largest pharmaceutical companies in the world. While pharma stocks, in general, have struggled lately as high rates make their impact on research and development, Pfizer Inc. (NYSE:PFE) has struggled due to its high debt load as well. The stock is up by a modest 2% over the past year. In his previous comments about Pfizer Inc. (NYSE:PFE), Cramer has remained optimistic about the firm’s CEO Dr. Bourla. This time around, he shared how the company is using AI in its operations:
“They do contract research, they make . .and they [Salesforce] got Pfizer. Which is the single biggest account out there. They got Pfizer. And lost in the shuffle of Agentforce, I mention it only because Agentforce is such a big deal and Mark, I had to bring up Pfizer.”
5. AppLovin Corporation (NASDAQ:APP)
Number of Hedge Fund Holders In Q4 2024: 95
AppLovin Corporation (NASDAQ:APP) is a software company that enables businesses to run advertisements on non-linear mediums such as video games. It’s been one of the best-performing stocks on Wall Street, as the shares have gained 426% over the past year. AppLovin Corporation (NASDAQ:APP)’s stock jumped by 73% in November after the firm grew its Q3 profit by a whopping 300% to $434 million. However, the shares are down by 4% year-to-date following short seller claims of fraudulent practices. Here’s what Cramer said about AppLovin Corporation (NASDAQ:APP):
“Yeah, all back. And whether it’s Bitcoin. Is it Bitcoin, is it the GE Vernova piece out today, is there a quantum, Amazon piece?”
“That was two reports saying that it was just outright fraud.”
“I mean those two reports were so negative that I chose to not actually say the charges.”
“The EBITDA is there, but if you say listen, they inserted themselves when they shouldn’t have. . .”
“I know, I mean look they did find a way to be able to get people, gamers, place advertising anyone who could place advertising. David, you raised a great point. Linear advertising, going down. So what do you do? Does that just mean fewer people are advertising? No. You have an oddity placing ads at Instagram, you’ve got a lot of TikTok. And, you might want to work with Applovin. Because you can get people you couldn’t get otherwise. The charges that were made were, scurrilous, how about that. They were scurrilous charges.”
4. Tesla, Inc. (NASDAQ:TSLA)
Number of Hedge Fund Holders In Q4 2024: 126
Tesla, Inc. (NASDAQ:TSLA) is Elon Musk’s electric vehicle company whose shares have struggled in 2025. The stock is down by a whopping 23% year-to-date after shedding most of its gains since President Trump’s November election win. Tesla, Inc. (NASDAQ:TSLA) shares have been impacted by slowing EV deliveries and investor concerns about Musk’s politics hampering the firm’s sales. In his previous remarks, Cramer wondered why the worried investors don’t sell their stock. This time around, he wondered what was ‘driving’ Tesla, Inc. (NASDAQ:TSLA)’s shares:
“Yeah, all back. And whether it’s Bitcoin. Is it Bitcoin, is it the GE Vernova piece out today, is there a quantum, Amazon piece?”
3. Salesforce, Inc. (NYSE:CRM)
Number of Hedge Fund Holders In Q4 2024: 162
Salesforce, Inc. (NYSE:CRM) is one of the largest players in the customer relationship management software industry. It has been a standout firm in the AI era primarily because of its AI platform Agentforce. In his previous comments about Salesforce, Inc. (NYSE:CRM), Cramer has been positive about Agentforce. The firm’s shares fell by 4% in February after its $9.9 billion in revenue and $1.78 in EPS missed analyst estimates of $10 billion and $2.61. Here’s what Cramer said about Salesforce, Inc. (NYSE:CRM):
“Look, Marc is, what he’s saying basically is look, the future is going to be, this [inaudible] of Agentforce. I mean stop thinking so small. Stop thinking about what would happen without Agentforce. I mean he did talk about Stuart Miller from Lennar. And what Lennar was doing with it and how they’re moving people who are kind of doing skunk work into more important things. And that’s, that’s what happening. But it’s not easily understood. I think that the use cases are going to come again and again. You know what was really the most interesting, and I don’t mean to rain on the Agentforce parade, but, they’re working very closely on a healthcare vertical. Uh that goes against Veeva. Which does healthcare tests. They do contract research, they make . .and they got Pfizer. Which is the single biggest account out there. They got Pfizer. And lost in the shuffle of Agentforce, I mention it only because Agentforce is such a big deal and Mark, I had to bring up Pfizer.”
“[On a large gap between CRM’s GAAP and non-GAAP earnings] I’d focus on gross margins. But gross margins used to be in the twenties, now they’re in the thirties. Why is that? Because of your friends at the hedge funds who pressured him. Right and they pressured him to higher gross margins. He did something, you know, memo to people who hate the activists. The activists came and he said you know you guys are brilliant. And the he proceeded to overwhelm them with phone calls, [they] finally said okay whatever you want, Marc. We’re tired. We’re tired of you doing exactly what we said you to do.”
“It was down sixteen at one point, then it was at three o eight one point. I said, there are heat seeking missiles that will drive it back down. It’ll go down another five, eight. But I think that Mark’s thinking about something bigger. There’s ten more, there’s two more Mathew McConaughey commercials coming for those who like those. And they have brought a lot of business according to Marc.”
2. Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holders In Q4 2024: 166
Apple Inc. (NASDAQ:AAPL)’s shares are down by 1% year-to-date after having shed 3.94% in late February. The stock dipped after investors fretted about the firm being caught in the crosshairs of trade tensions between the US and China. Particularly, Wall Street is worried about the Trump Administration’s tariffs in China impacting the firm’s bread-and-butter iPhone smartphone. Cramer also commented on these worries:
“Well that’s why Apple went down very badly yesterday. Because people said well wait a second, they, $500 billion expansion plan, but the fact is that if Taiwan is suddenly asked to be able to pay its fair way, or if we slap something on China, well I mean does that apply to Apple?”
1. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders In Q4 2024: 223
NVIDIA Corporation (NASDAQ:NVDA) is Wall Street’s favorite AI stock, and it continues to reflect investor sentiment about the technology. While its shares had remained mostly flat during the second half of 2024, things took a turn for the worse in 2025 when NVIDIA Corporation (NASDAQ:NVDA)’s shares dipped by 17% in January during the DeepSeek selloff. The shares have been down by another 10.8% since its latest earnings, which is the back of fresh worries about additional sanctions on the firm’s GPU sales to China. Cramer’s latest remarks for NVIDIA Corporation (NASDAQ:NVDA) were made after the earnings:
“[On Goldman saying NVDA’s earnings were good enough] Yeah, I mean Ben Reitzes, it was, we were going back and forth this morning, and you can say, look, it was a quarter, frankly, GPU business and the GPUs number, were beaten. I think that one of the difficulties of understanding, it was the whole China stuff. . . .what matters is that, the Chinese initiative is child’s play. DeepSeek can’t do it. I think everyone has to start thinking, what Blackwell does, is it reasoning? So if you go on to ChatGPT right now and you say, is Walgreens going to get a bid from Rob Sweeney at Sycamore. It would say, Sycamore is a company that does retail, Rob Sweeney used to work at Goldman Sachs. Uh, Walgreens is run by Tim Wentworth. And you’ll be like, well that’s . . .worthless. Well, what he’s talking about, it’s going to be reasoning, it’s going to say that’s a possibility, it might happen. The balance sheet is not that good.”
“I’m just saying, okay that, it’s maybe, John did a great job. It’s really important to try to figure out what happened with the narrative. When I speak with the company, the narrative was, frankly they were shocked that China, the China DeepSeek would have played any role given the fact that all the hyperscalers have placed all these orders, they all knew about DeepSeek. They’re much more into another world, post-training world, they’re literally in a world where, they want to have robot. Robot comes into a warehouse, and the robot looks at the warehouse and says you know what I gotta put this on a truck. I have to go around this corner, I have to lift it up. I gotta be very careful, I don’t want to damage the box. Whereas right now the robot says tell me what to do. The next robots says, okay, here’s how I’m going to do it. And that’s where we are. And that takes it to a whole different level of compute. And it’s, Jensen keeps using the term compute, meaning that look we don’t just, remember they’re both accelerated computing and generative AI. The compute is so fast that they can actually do things. Right now, Jensen’s famously saying it’s so slow. I mean to us it’s fast. But it’s a parlor game to him. And this is, something that’s industrial and will replace all of every bit of computing we have right now.”
“[On whether the margin guidance is good enough] I think it’ll be even better than that. You know if you go back, one of the ways to look at it, this is one of the ways that Jensen told me. If you go back to last year, at this time, this week, and you looked at what the stock traded at on forward earnings, it traded nineteen times earnings. The stock always looks expensive and then when we get there the stock turns out to be very cheap. So I could argue if this stock, if you give it a, you can put a higher multiple on, you can get to one fifty, one sixty.”
“[Citi’s price target being 23x CY26 earnings] Okay, that’s a very wise person. That’s exactly what I’m saying. If you look at it last year you would realize holy cow this stock turned out to be very cheap. Now this is where the hiccup. This is not, you know, this is not smooth thing. The number of factories that are involved, the number of companies involved, the number of touches. This is thing is monumental and it’s obviously very big. And Jensen’s still able to pull it off. I regard it as a great quarter. I thought it was a great quarter.”
“I just think you have to keep coming back to the software in the stack. And you have to come back to the accelerated computing. No one’s even near, as close, 25 times, they think that, DeepSeek is 125th of the speed and power of Blackwell. And Blackwell by the way, they have the next iteration coming later this year. And Rubin next year. And this is going to be a much smoother ramp. Because it’s the chassis is the same. So anybody who thinks that, because I asked them that, guys, after what happened, isn’t it, just could be a disaster right? And he said no, no. We have to get the chassis right.”
“Well the hiccup is they moved after one particular chassis . . .to another, and it was very, very hard. . . .But everything else is going to be based on that same chassis so you’re not going to have the same technical difficulties. Look, if you think about the fact that the, they’re talking about a lot of industrial uses. They’re talking about omniverse, to, omniverse is difficult, you have, you build a small computed factory. You make all the changes in the factory, and then you build a new factory. That is one use that they’re really highlighting. They’re highlighting healthcare uses. What’s lacking is they did not talk about use cases. That’s for GTC. That’s their, the Woodstock of AI. So otherwise you’re kind of left there thinking, what’s going to happen?”
“. . .They kept talking about speed, speed, speed. No one’s listening. We’re all listening to whether China’s going to get the orders, and China’s going to beat us. And what’s the President going to do. But the issue here is if we can get speed, then we can do something like a baby’s heart. I’m just giving you a use case that is so insane! But you have to think, we can all just say it’s not a Microsoft.”
“[On how the human brain cannot process an exponential rate of change] And that is exactly where Jensen is that we’re not. He can think of these things. I know that it sounds ridiculous. . . look I don’t want to say that we’re pedestrian thinkers. I will say that I am not able to comprehend things that Jensen does. . .You need so much compute to be able to do a heart!”
“If you aren’t a big thinker, I’m a pedestrian thinker, I can tell you whether NVIDIA’s going to go to one thirty-five versus one thirty-four. I cannot tell you what I would do if I had compute power. Like if you go to Jensen’s office he’s got that picture of a, of a rocket going basically going how fast it has to go to hit Mars. And he’s trying to figure out at what point it has to go to one mile and then reverse. And I said what are you doing with that? And he goes, I’m just calculating how quick it has to go.””
NVDA is a stock Jim Cramer recently discussed. While we acknowledge the potential of NVDA 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 NVDA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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