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 President Trump’s latest set of tariffs. This time around, Trump targeted champagne in a bid to get European countries to reduce their restrictions on American whiskey brands such as Jack Daniel’s. Cramer started out by explaining the effect of the tariffs on the consumer and the general trend in the alcoholic beverage market:
“It depends on what do you really want to do if you’re the President and these, and expensive wine. And expensive champagne. Or make them expensive. Well I mean you basically want them to say will you stop it with the Jack Daniel’s? I mean, come on. Come on. If you try to make Jack Daniel’s expensive, everything you sell us is just gonna be too expensive and we’re all gonna be drinking Kim Crawford. . .But I do think that this is a very, very high tariff and I think it would cause a lot of attention in France.”
Cramer’s show, which aired on Thursday, came after Monday’s massive stock market bloodbath which saw the flagship S&P index shed $4 trillion in value from its post-election peak. The move, coupled with market worries about a recessionary impact from tariffs, led several analysts to cut their targets for the index. Commenting on the cuts, Cramer outlined:
“Yeah and I thought that was a great. . .look we kind of thought the President was transactional. Now we’ve realized the President is in transit. Now I am less concerned about the President than I was before because when I look at the different, I’ve been trying to get them to clarify what they’re doing. But other than autos, you know look we’re gonna have us a period where we’re gonna go from two-and-a-half percent autos to 25% and that’s gonna hurt Japan, it’s gonna hurt Germany. It’s gonna hurt Korea. And that’s the real tariff. And when we do that, that’s the day that the market’s gonna go down big enough to buy. Because then they’re kind of done. Remember, well here’s the problem Carl, nobody buys anything that we make so it’s really hard. . .President’s not explained that well. At all. That there’s like, they don’t buy any of our stuff. So what are they gonna do? Like put, even higher tariff on Kentucky Gentleman?”
Cramer’s recent programs have also focused on the impact of the President’s tariffs on the car industry. He has urged caution when considering buying American car stocks, and this time around, he discussed the impact of higher car prices due to the tariffs on the broader economy:
“Used car market unfortunately very much involved in the CPI. It’s gonna be a convoluted sense of world trade. And I think that what people recognize is that there has been a big disadvantage, we’ve been at a big disadvantage in our country. But the President has explained it so poorly, that you actually think that well wow, what’s he doing to us. But it’s been a big joke for a very long time. But no one’s taking any action because everyone wants cheap goods for the American people. He’s reversing it. He’s reversing it.”
The underlying theme of his latest appearances has been that while the President is right in pushing for tariffs, he could take a softer approach. According to Cramer, Trump’s “gonna make it so the goods aren’t cheap. But our trading partners have to pay the price. With the idea that maybe if they start buying some of the stuff or put more plants here . . .then maybe the tariffs will come down.”
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 13th.
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).
12. FedEx Corporation (NYSE:FDX)
Number of Hedge Fund Holders In Q4 2024: 66
FedEx Corporation (NYSE:FDX) is a logistics and shipping company. The firm’s shares depend on the broader economic health as it influences the demand for its products. Additionally, FedEx Corporation (NYSE:FDX) has struggled lately on the consumer end as high inflation has driven consumers away from its pricey fast shipping services. The firm’s shares have lost 5.5% over the past year due to these worries. FedEx Corporation (NYSE:FDX)’s shares are also down by 11% year-to-date due to multiple catalysts such as a weak outlook by peer firm UPS. Cramer is a believer though:
“I mean I like FedEx, I think they’re doing well. But I recognize that everybody is kind of stunned.”
11. General Motors Company (NYSE:GM)
Number of Hedge Fund Holders In Q4 2024: 68
General Motors Company (NYSE:GM) has been a frequent feature of Cramer’s morning show lately. The CNBC TV show host has discussed the stock in relation to President Trump’s tariffs on Canada and Mexico. The actions have created uncertainty for General Motors Company (NYSE:GM) and peer Ford’s operations due to supply chain complexities. Cramer has advised viewers against buying the stocks as he sees few alternatives for General Motors Company (NYSE:GM) to avoid raising prices if the measures go through. This time, he commented on the firm in relation to Trump’s aluminum tariffs:
“The answer is that the President is making a point. Which is that, uh, it’s time that you understand that we do wanna favor Ford and GM. Cause you don’t take any Ford and GM. And that’s good because Ford and GM are gonna get hurt really badly by the aluminum tariff. And it’s gonna move people to be buying used cars.”
10. PepsiCo, Inc. (NASDAQ:PEP)
Number of Hedge Fund Holders In Q4 2024: 69
PepsiCo, Inc. (NASDAQ:PEP) is one of the largest consumer beverage companies in the world. Its shares are down by 13% over the past year due to high inflation, eroding demand, and an inability to consistently raise prices. Cramer’s previous remarks about PepsiCo, Inc. (NASDAQ:PEP) have praised the firm’s CEO Ramon Laguarta. However, he also believes that the firm is struggling because of the impact of GLP-1 drugs on the snack industry. Yet, while Cramer thinks that PepsiCo, Inc. (NASDAQ:PEP) has to figure out how to navigate lower demand for snacks, he also believes that if there’s one firm that can figure it out, it’s Pepsi. Here are his latest comments:
“No, Doritos obviously PepsiCo got a real hit, went down below 150.
“Pepsi’s GLP-1 on the Fritos side. And now at least, one of the things that’s great about Ramon Laguarta, he’s actually even willing to mention GLP-1. GLP-1 is such a curse word among the food and beverages.”
9. Expedia Group, Inc. (NASDAQ:EXPE)
Number of Hedge Fund Holders In Q4 2024: 72
Expedia Group, Inc. (NASDAQ:EXPE) is a travel services provider. Its shares are up by 21% over the past year due to a string of solid quarterly results. The latest quarterly report came in February and it saw Expedia Group, Inc. (NASDAQ:EXPE) post $2.39 in EPS to beat analyst estimates of $2.04. However, year-to-date, the firm’s shares have lost 12.5%. Most of the losses have come in March as tariff uncertainties have led investors to price in a potential recession into the stock market. Cramer’s comments about Expedia Group, Inc. (NASDAQ:EXPE) follow this theme:
“Look, travel’s been the biggest engine, okay. It’s been the biggest engine of the economy in the last six months. And you can hurt it. I mean we obviously got, we also had some terrible instances with planes. But you can hurt travel and travel’s really, . . . Someone upgraded Expedia yesterday, saying things were fine. But I do think that when you take the best bull market we have and you put chinks in it, we should then scramble. We scramble. Because we are running out of places that have bull markets.”
8. Intel Corporation (NASDAQ:INTC)
Number of Hedge Fund Holders In Q4 2024: 83
Intel Corporation (NASDAQ:INTC) is the world’s largest integrated chip manufacturer – a distinction that allows it to design and manufacture its chips. However, the past 12 months have been full of turmoil for the firm. Intel Corporation (NASDAQ:INTC) has struggled with a sluggish CPU market and has been unable to compete in the AI industry. The struggles led its former CEO Patrick Gelsinger to abruptly leave the firm in December. March has been a great month for the stock as the shares have gained 16% since Intel announced its new CEO, chip industry veteran Lip-Bu Tan. Here’s what Cramer said about the development:
“Yeah when Lip-Bu Tan stepped down I said Gelsinger had to go because this man is a revered man. If you wanna go back to see who he really is, you go back to the 2022 acceptance of the Robert Noyce award. Noyce one of the founders of Intel. A speech that he gave, which of course introduced by Matt Murphy from Marvell. Is a very good friend of his. But also from, from Jensen Huang, from NVIDIA. And this man is a humble man who has invested in a huge number of companies. He is a loved person. When he got to Cadence it had a very bad reputation. Also had a bad balance sheet. And he asked for, answers about what to do. He got 300 emails almost immediately answered every single one of them. Another three hundred, answered every one of them. I think that keeping Zinsner, David Zinsner, who’s a fantastic CFO, going to temporary CEO. This is a very meaningful hire. The company is in trouble. I’m not saying you can go buy the company. I am saying that this man can make a lot of things happen. He is a, both a considered person, who is loved out there, but also an inventor and a, he’s created things but he’s also made it so there’s a lot of teamwork. He’s stressed this teamwork over and over and over again and that’s terrific. His venture capital company was called Walden.”
“[when asked what a turnaround looks like] No, I mean he wants to go forward and do some radical things and leapfrog over. But it’s capital intensive. He has to fix the balance sheet first, he knew how to do that at Cadence. Balance sheet’s a number one issue. Because it was really kind of stretched greatly by Gelsinger. One of the reasons I didn’t care for Pat’s work. So he’s gotta fix balance sheet. He’s gotta re. .um, he’s gotta get some alliances going. Because Lisa Su buried Intel. And Intel missed the AI. It’s so interesting by the way. In his speech, he talks about what we have to focus on is generative artificial intelligence, uh, large language models. All the things that three years later people are talking about.”
7. Vertiv Holdings Co (NYSE:VRT)
Number of Hedge Fund Holders In Q4 2024: 92
Vertiv Holdings Co (NYSE:VRT) makes and sells power and thermal management products along with racks and other items that are used in data centers. As a result, the fact that its shares are up by 13% over the past year is unsurprising. However, equally unsurprising is the fact that Vertiv Holdings Co (NYSE:VRT)’s shares fell by a massive 30% in January in the days of the DeepSeek selloff. Cramer’s previous remarks about the firm have linked it with energy stocks due to the data center exposure. He also opined that the stock drop means there’s an opportunity for timed and cautious buying. Here are his latest comments about Vertiv Holdings Co (NYSE:VRT):
“There isn’t [a change to the order flow]. The CoreWeave guys . . .would tell you work is just I mean, you know wow, Vertiv is doing really, really well. And I spent some time with David Cote this weekend, who is the chairman. And, I just think that’s just all sentiment. You can’t, any of the electrical numbers show you that Vertiv, uh, they’re putting them up left and right still. But that’s all, that’s all zeitgeist. That’s zeitgeist with the idea that’s over. I think GTC next week with Jensen Huang that’s the Woodstock of AI, you’ll hear good things about Vertiv. But it’s part of the accursed business which is the data center ever since DeepSeek is over. Now that’s a complete canard. But no one’s been able to reverse the narrative no matter how hard they try.”
6. Costco Wholesale Corporation (NASDAQ:COST)
Number of Hedge Fund Holders In Q4 2024: 96
Costco Wholesale Corporation (NASDAQ:COST) is a discount retailer that is one of the few in its industry that Cramer is optimistic about. The past year, which has seen consumers struggle with inflation, has allowed the firm to leverage its scale to attract price-weary customers to its stores. Cramer’s previous comments about Costco Wholesale Corporation (NASDAQ:COST) have shared that the firm can also use its scale to keep prices low if inflation continues to rise in today’s tariff era. He has also praised Costco Wholesale Corporation (NASDAQ:COST)’s management and touted the stock’s potential as a buy. Here are his latest comments:
“All those companies have been downbeat. At one point another they’re talking about smaller sizes. Talking about [the] other word that was used on the Costco quarter which I found disturbing frankly was ‘choiceful.’ I mean cause choiceful means, you know what, I’m gonna take a look and if, uh, Scott Paper Towels are thirty cents more than Kirkland Signature, I’m gonna buy the Kirkland Signature. You know I think that one of the things you’re never gonna hear anyone say is, you know what, consumers have become very profligate. Consumers are really looking at prices.”
“[On how at one point the sentiment was that consumers would pay anything for a cruise] Well there was and the travel was at any price. But I will say we gotta get a little back to the idea that when you question someone you can make that question done in a way that makes you feel that things have gotten tougher.”
5. Walmart Inc. (NYSE:WMT)
Number of Hedge Fund Holders In Q4 2024: 116
Walmart Inc. (NYSE:WMT) is another American mega-retailer that has benefited amidst high inflation. Its shares have gained 40% over the past year as the firm has leveraged its scale to eke share away from discount retailers. Throughout 2025, Cramer has been optimistic about Walmart Inc. (NYSE:WMT). He believes the firm can leverage its scale to withstand any tariff-induced inflationary pressures. However, his latest comments take a more cautious approach:
“Now I would love Walmart to come out and say it’s business as usual. And I don’t think they’re gonna say that. So I’m not, it doesn’t make you bullish.”
“And a lot of them have been in a real slide because people say Walmart’s been taking it to them. I think this is, well wait a second, maybe that thesis is, is not as pertinent.”
“I think the one you wanna watch is Walmart, because Walmart did not come out and say things are good. They didn’t. Walmart has left me feeling uncertain. I know Costco is good, but the CFO did not make that point. There’s a lot of bad messaging on the part of a lot of people.”
4. Adobe Inc. (NASDAQ:ADBE)
Number of Hedge Fund Holders In Q4 2024: 117
Adobe Inc. (NASDAQ:ADBE) is a software company that is one of the biggest players in the productivity software market. Over the past year, its shares have fluctuated in response to investor expectations about AI exposure. Adobe Inc. (NASDAQ:ADBE)’s stock is down by 23% year-to-date as it struggles to navigate through a 15% drop in December and a 13% drop in March. The December drop was fueled by the high-end of the firm’s consensus forecast missing analyst estimates. In March, the shares tumbled as investors were left unconvinced about significant AI growth. Here is what Cramer said:
“I mean Adobe, barely, didn’t raise enough, you know obviously the stock’s going to get hurt very badly.”
“And there was a subtle analyst long knife moment, two different analysts were saying guys you’re being a little defensive. Are you really making any money off of AI? I’m not saying they were disrespectful. Cause Shantanu Narayen deserves all the respect in the world. I am saying that they were very circumspect about what he’s doing with AI. And that was a gut punch when you were reading the conference call. He was not good. Big meeting next week, maybe they can make it up. But I was disappointed.”
3. Tesla, Inc. (NASDAQ:TSLA)
Number of Hedge Fund Holders In Q4 2024: 126
As Tesla, Inc. (NASDAQ:TSLA) fails to navigate through bearish investors worried about its vehicle deliveries, the stock has started to feature regularly on Cramer’s morning show. Its shares are down by 34% year-to-date after gaining 12.5% since last Monday’s selloff. In his previous comments, Cramer stressed that Tesla, Inc. (NASDAQ:TSLA) needs to continually remind investors about its strengths in artificial intelligence and its focus on humanoid robots. Here are his latest comments:
“[On JPMorgan cutting TSLA to $120 and losing brand value] He very quickly has to talk once again about how the company is an artificial intelligence, humanoid company. But, I mean I keep coming back to this theme. Everyone seems to be having a good time firing people, they seem to be joyous. And America doesn’t like that. America doesn’t want to see anyone lose their job. Cause everyone who’s ever lost a job, knows that it’s awful. And that’s just true.”
2. Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holders In Q4 2024: 166
Apple Inc. (NASDAQ:AAPL)’s shares, like those of its mega-cap peers, have struggled in 2025. They have lost 12.5% year-to-date and have suffered particularly hard in March by having shed more than 10%. The recent selloff in Apple Inc. (NASDAQ:AAPL)’s shares is driven by fresh market concerns about the firm’s ability to use AI to drive its iPhone upgrade cycle. In his previous comments, Cramer dismissed these concerns and shared that it was unreasonable to expect Apple Inc. (NASDAQ:AAPL) to deliver at an accelerated timeline. Here are his fresh comments:
“I think that Apple, I’ve been saying it, own it don’t trade it. . .I said look I think Apple’s going lower, wasn’t, I don’t think it’s revelatory. You can’t, if you can’t make the estimates your stock goes lower. I mean it’s not like they’re somehow immune to that. And I think that the Morgan Stanley piece yesterday was very good about trying to assess exactly how much lower. When you miss your numbers, you miss your numbers. And it doesn’t matter who you are.”
“. . Look there’s a cadence to having your stock go up and Apple doesn’t have it.”
1. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders In Q4 2024: 339
Amazon.com, Inc. (NASDAQ:AMZN)’s shares haven’t performed well in 2025 as they have lost 10% year-to-date. Most of Cramer’s remarks about the firm this year have focused on its Alexa voice assistant. The CNBC TV host has shared that Amazon.com, Inc. (NASDAQ:AMZN)’s management has stressed to him that it will work on the assistant to improve its performance. Recently, he’s been uncertain about the firm since it’s in a quiet period. Here are Cramer’s latest remarks about Amazon.com, Inc. (NASDAQ:AMZN):
“[On FTC and AMZN and recent comments by FTC chair] No, that’s was a, that was what’s called a doctrinal issue. Now if you go over what Lina Khan did. What she was saying was that the people who are trying to put up stores, say with Amazon, are being hurt by Amazon. He was saying, that if people who are customers are hurt by Amazon, then we will go after them. It’s a very big difference. One was kind of like, if you went back to law school, really, totally different with the long term FTC doctrine. Which is to help the working person. She point blank said it’s not about the working person. He has reversed it to what the law was. . .he could have very just easily said listen we’re going to stick by the law . . .but instead he just convoluted the message.”
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 time frame. 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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