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 mentioned that selling due to pre-market futures activity is not a wise move. He added that President Trump’s approach of making big announcements on the weekends also leads to traders positioning themselves:
“But look, we’re looking at the futures, again, if people want to go sell everything because they see the futures, that historically is not been a really great way to go. It is Friday, we have a lot of news that always comes out on the weekends these days. Again, if you do not like Trump, you don’t want to own stocks. If you like Trump, you’re probably thinking this is a pretty interesting level.”
Cramer added that the Trump administration’s announcements and decisions are geared towards the President’s objectives and goals and not the stock market. “And I think that it’s not like you’re going to hear from the administration you know what we look at the stock market we’re going to go easy. That’s not their thing,” he said. “Their thing is to say we’ll even sacrifice the stock market to get what we want and then we’ll look to see what happens. But I have no illusions,” he added.
Commenting on the recent price action of the stock of the world’s leading AI GPU designer, he outlined that the stock “is pulling down all the tech. And that’s why I think if you didn’t have such bad numbers in housing, and bad numbers . . the tape is very negative. But I can make the case that right now if you look away from tech there’s some real bargains here. It’s just we keep losing bull markets.”
The CNBC host also commented on how it’s difficult to publicly make predictions about the stock market and whether there’s time to buy stocks:
“I said last night in my close, that if you came on our air, and you said to buy ahead of April 2nd, and the market gets killed on April 3rd, you will look like the biggest idiot in the world. Because there’s such a thing called YouTube and they can run you endlessly. So you can’t stick your neck out. Do I ever want to own some stocks? But I’m not sticking my neck out, because I don’t want to be constantly bombarded by YouTube which just says, you know what, this is a good opportunity because it makes you too much sound like buying stocks ahead of the Great Depression. There’s plenty of time to buy stocks. There’s plenty of time. But I do think that we’re in a void ahead of April 2nd. Then we have to look at it. Does that mean it can just go down endlessly? I don’t know Sarah, it’s conceivable.”
As for the tariffs, one reason why markets are roiled is because of uncertainty. According to Cramer:
“If the government is going to put through tariffs, no one will know what to do. And I think that’s part of the chaos. It’s not like they figured out how to be able to make it so that if you’re coming in from Mexico, you know how to pay. If you’re flying in from China, you know how to pay. I think the government right now should be working on schedules. And figuring out who is going collect it.”
Finally, he urged viewers to not give up. Commenting on markets being down for the week and equal weight delivering higher returns than market weight, he shared:
“If you have a broadening out, that gets away from Mag 7, you’re going to have a healthier economy. People aren’t used to that. People are so used to stocks going higher. . . .But the fact is the vast majority of stocks are doing okay, it’s just that you don’t see it because we’re stuck in an index that has heavy tech tells me, you know look, don’t give up, don’t give up. Giving up may, you may, you may get hit for another five to seven percent as we get to April 2nd.”
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 March 21st.
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).
8. Accenture plc (NYSE:ACN)
Number of Hedge Fund Holders In Q4 2024: 79
Accenture plc (NYSE:ACN) is a consulting company whose shares have faced quite a bit of turmoil in March. They have lost 11.5% so far after a 7.3% dip following the firm’s warning that the Trump administration’s cost-cutting initiatives could hurt its revenue. The revelation followed after Accenture plc (NYSE:ACN) shared that its bookings fell by 3% during the second quarter. Cramer’s first comments after the announcement lamented that analysts had continued to sell strength at the firm. Here are his latest thoughts about Accenture plc (NYSE:ACN):
“Alright, Accenture okay. This is the other side of the Tesla trade, this stock has now dropped from 396 to 296 and that’s because on the call, they said look, we have a huge percentage of our business is federal. And, we’ve been told, there’s not a lot procurement going on. Because everything’s frozen. And it’s crushed their business. So if you think that Musk leaves to go to Tesla, you can go buy Accenture. And maybe pick up fifty, sixty points. So there’s the other side of the trade for those are ready to go bullish.”
7. PDD Holdings Inc. (NASDAQ:PDD)
Number of Hedge Fund Holders In Q4 2024: 85
PDD Holdings Inc. (NASDAQ:PDD) is a Chinese eCommerce company that operates as Pinduoduo in its home country and as Shein and Temu in the Western world. Its shares are up by 33% year-to-date despite the fact that President Trump has proceeded with tariffs against China. Competition in China also led PDD Holdings Inc. (NASDAQ:PDD) to miss analyst Q4 revenue estimates of 115.38 billion Yuan as it posted 110.61 billion. The miss led its shares to drop by 4.2%. Here is what Cramer said about the firm:
“Like if you listen to FedEx really close you know, to Raj, who did a fantastic call by the way. The government, our government’s not really ready to start putting a duty on the De Minimis, which you know is Shein and Temu.”
6. The Home Depot, Inc. (NYSE:HD)
Number of Hedge Fund Holders In Q4 2024: 88
The Home Depot, Inc. (NYSE:HD) is a building products retailer that is one of the most commonly discussed stocks on Cramer’s show. Not only does he believe that the firm is a dominant player in its market, but also wants the shares to go up to $370. The Home Depot, Inc. (NYSE:HD) is the stock to buy if one believes that America will do well, according to Cramer. He has also dismissed investor concerns about weak guidance given during the firm’s latest results. Here’s what he said about The Home Depot, Inc. (NYSE:HD) this time around:
“Yesterday Ted Decker, from Home Depot, now Home Depot, people could say has a lot tariff problems, Home Depot, people could say a lot of higher interest problems. But he’s just not saying that at all. And I think he’s accentuating the positive. I thought that Raj, if you go over the call, the call was. . .positive. Okay. And I spoke with Raj at length yesterday, and we both were remarking about how much money they made despite the revenues. That’s the way you think of this. I mean, people are saying that it’s a risky stock. It was risky a 100 points ago. Was Home Depot risky at 350? It was risky at 425. Somebody has to start thinking about, you know what, these stocks have come down in advance about our negativity and what we talk about. And yes there could be another ten percent decline. But can you stay [inaudible] forever because 15% of the economy is going to have a higher tariff? I can play the game, and you can play the game. We can sit here and talk about how Nike missed the quarter, missed the quarter badly or we can say, do I want to pay 65 for a core franchise that is in half, because we had a seriously bad CEO, and now we have a good CEO and he will be able to try. . .”
“Yes, look, there’s two streams of income that Home Depot has. One is renovation and remodelling and that’s playing out cause we don’t have a lot of housing turnover. . .and the other revenue stream is basically what I regard as taking advantage of the fact that your home has increased 50% in value since 2018. Now that the negative says, oh my, homes are therefore too expensive. A positive person would say, that means that you think mentally that you’re not expensing what you’re putting in your housing, it’s capital improvement. Making your home worth even more. So it was a very positive story. Now you could say well listen, Home Depot’s an inherently positive company. I say what does that have to do with it? So number one home improvement company in the world. I’m gonna listen to him. I’m gonna take him at his world.”
“Now remember, Home Depot in 2007 to 2009 a lot of people thought was going to go under. They bought an amazing amount of stock during that period. It was at 18 dollars, look at [where] the stock is now. 354 dollars, good or bad, stock has increased. . .since 1982, good or bad. But it’s so easy to get caught up right now. A lot of this because I think there is a definitive hatred of President Trump. That is not talked about at all. Because maybe people are afraid. Look, I’m not afraid of him, and I don’t feel the hate. I don’t feel that this is that bad. Why? Because our partners have been taking advantage of us for years and years. He’s trying to straighten that out. But while we see 12 to 15 percent of the economy being taxed, Sarah, we see a level of gloom that is just not equal to what business people are telling me. It’s unfortunate that Nike reported at the same time that FedEx reported.”
5. Micron Technology, Inc. (NASDAQ:MU)
Number of Hedge Fund Holders In Q4 2024: 94
Micron Technology, Inc. (NASDAQ:MU) is another stock that Cramer frequently mentions on his morning show. The memory chip maker is one of Cramer’s top chip stocks due to its exposure to high-bandwidth memory used in AI data centers. Cramer has shared that even if the Trump administration rolls back grants under the CHIPS and Science Act, Micron Technology, Inc. (NASDAQ:MU) could do well. Here are his latest comments:
“Micron was up eight points last night, people listened to the call, I told Sanjay, I told Sanjay Mehrotra that it was a terrific call. Why? Because high bandwidth memory, which is data center, was good. People have turned and just said you know what something happened between five thirty last night and now that’s negative. All I did was go to sleep.”
“I’m willing to take the opposite, when I listen to Micron, I talk to Sanjay Mehrotra, and I think the quarter’s good . . .all the, they’re going toward as fast as they can to data center, do you really want to say that NAND, their junk, is that keeping them down? Sarah, you ought to know better!”
“I still think that it’s the percentage of high bandwidth memory which, when you hear that, that means data center. The percentage of data center versus the percentage of old but the NAND, people didn’t like that. And people felt the gross margins could have expanded more by now. I think they’re asking for too much. The company is moving aggressively into the high bandwidth and data center. But it does have legacy cellphone. It does have legacy PCs. Now Michael Dell told me, the other day, that PCs are actually inflecting. So, you should take that off the table in terms of negatives. But somehow, the groupthink of the analysts, after the quarter was, you know what, we shouldn’t focus on the high bandwidth memory. Again, that’s code for data center. We should focus on legacy NAND. I think that’s quite wrong. I think that you buy Micron here. I think that Micron’s attractive under 95.”
4. Tesla, Inc. (NASDAQ:TSLA)
Number of Hedge Fund Holders In Q4 2024: 126
As Tesla, Inc. (NASDAQ:TSLA) has struggled in the stock market this March, the firm has started to appear regularly on Cramer’s morning show. In his previous comments about the car company, the CNBC TV host commented that the firm needs to shift its narrative away from cars to AI and robotics. Tesla, Inc. (NASDAQ:TSLA)’s shares have lost 6.5% during the month after being down by 24% earlier as investors worry whether CEO Elon Musk’s politics are affecting its product demand. Here are Cramer’s comments about the matter:
“[On Musk’s employee on hands meeting] Yeah it was great. Look I think he’s trying the focus off the fact that it’s a car company. Well look, he just kind of reminds of Henry Ford. Not necessarily some of the political things that Henry Ford was involved in. Henry Ford always said though, when things got tough, never complain and never explain. And this man is kind of hitting on both cylinders there. I, do I like the stock? I think that if you change the narrative and actually produce the data that he talked about for self drive, it would be good. I mean but right now, the long knives are out for him like almost no one I’ve ever seen in history. He’s doing, again, you have to understand there are people who say this man has become the most arch Republican Trumpist in history, and we’re supposed to buy his cars? We bought them because they were pro environment and now he’s in, he’s deeply in the anti-climate change theory. Look it’s heavily political, it’s heavily political.”
“[Dan Ives on Wedbush warning about something have to change, Jonas cutting PT to $410 from $430 and saying it’s a top pick because firm is transitioning to AI and robotics] Well, you know what’s a highly diversified play on AI and robotics? It’s the unfathomably bad acting golden negative bear cross, NVIDIA. . . So I mean if you want AI, I’ll give you NVIDIA. You want self-drive, I’ll give you NVIDIA. And I’ll tell you, do want some NVIDIA? I’ll give you NVIDIA. That stock can’t even seem to hold 117. So I don’t want to, I look at it in a positive way, I like the idea that it’s going toward tech. But right now tech is so hated, I think I’d rather have it go toward GM and Ford.”
“Well I think that people felt by this point that there would be a souring in the relationship between the headstrong Musk and the headstrong Trump. But that hasn’t happened. I think people are kind of surprised that he seems to get a kick out of dismantling the government. Okay, I mean some people get their kicks in strange ways. But I will say that, if he were to say tomorrow, you know what, I’m going back Tesla, then the stock will be at 400. And people want that optionality. I like the stock right here. But I think you have to buy it slowly because I don’t think the numbers have all been fully cut Sarah. I think there’s more number cuts coming.”
3. Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holders In Q4 2024: 166
Apple Inc. (NASDAQ:AAPL) is the world’s largest technology company whose shares have been lackluster in March. They have lost 95 during the month primarily on the back of the firm missing investor expectations about rolling out AI features through Siri. While the deadline miss has caused analysts to speculate that Apple Inc. (NASDAQ:AAPL) can experience weak Chinese sales, Cramer has dismissed these concerns as he believes that the firm likes to finetune features before rolling them out. Here is what he said about Apple Inc. (NASDAQ:AAPL):
“We’ve had a series of pieces about how Apple’s struggling with Siri. There’s no doubt about it. There is a Siri gate going on. There were some firings. But the fact is this that there were too many people in Apple. Now I think that Apple is a great stock but I recognize when something’s going to go lower.”
2. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders In Q4 2024: 223
After its GTC conference earlier this month, NVIDIA Corporation (NASDAQ:NVDA) is back as a regular feature on Cramer’s morning show. The host has been adamant about the firm’s share price movements. Not only does he believe that investors are erring by not taking CEO Jensen Huang’s GTC announcements seriously, but he also blames zero-day option traders for driving down the stock price. His remarks touched on both these themes:
“[Dan Ives on Wedbush warning about something have to change, Jonas cutting PT to $410 from $430 and saying it’s a top pick because firm is transitioning to AI and robotics] Well, you know what’s a highly diversified play on AI and robotics? It’s the unfathomably bad acting golden negative bear cross, NVIDIA. . . So I mean if you want AI, I’ll give you NVIDIA. You want self-drive, I’ll give you NVIDIA. And I’ll tell you, do want some NVIDIA? I’ll give you NVIDIA. That stock can’t even seem to hold 117.”
“No, I think what’s pressuring the chip sector is the endless drag that is NVIDIA. And people felt that you would have after the NVIDIA conference, that things have historically done a little well. I mean actually they do very well going in. And it didn’t happen. And now I mean when I see what’s known as these zero day. . .options pressuring NVIDIA, and people don’t think that anything could ever happen like that. That you couldn’t really have a 2.8 trillion dollar company being pressured by the options market, but it is, no one believes that except for the people who directly trade it and people who are, who clear the options. And the heavy pressure on NVIDIA is extraordinary. No company can withstand the actual repeated machine gunning of a stock. Using zero day options which we don’t factor in nearly enough. Because a lot of younger people, but also a lot of institutions are really focused on driving a stock. Look, if institutional buyers came in they could overwhelm. But right now NVIDIA is the reason why anything that is data center is suspect. I think that’s wrong. I can make a case for NVIDIA. But I know a stock that looks bad when it looks bad. And that is the ugliest stock in the chartbook. And I get that. That’s what happening.”
“You can’t build these centers. And you can’t do AI, without NVIDIA. And I think that Jensen Huang, if you actually parsed his words, you would have realized the demand is just ridiculous. He claims that they can make so many more than they could, the yield in the first quarter wasn’t that good. I think the numbers are going to inflect. I think the gross margin’s going to go from 71 to 75%, but right now the stock is gripped with all the negativity that’s captured the stock market.”
1. Alphabet Inc. (NASDAQ:GOOGL)
Number of Hedge Fund Holders In Q4 2024: 234
Alphabet Inc. (NASDAQ:GOOGL) is one of the largest technology companies in the world whose shares have remained weak throughout 2025 so far. The stock has suffered because the firm’s cloud computing business has failed to impress investors and because they are wary about the Justice Department’s actions against the firm. In his previous comments about Alphabet Inc. (NASDAQ:GOOGL), Cramer has given up trying to decipher why the firm’s shares are behaving erratically. Here are his latest remarks:
“I do think that, you take a stock like Alphabet, there’s no good news, coming from Alphabet, so I don’t want to own Alphabet.”
GOOGL is a stock Jim Cramer recently discussed. While we acknowledge the potential of GOOGL 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 GOOGL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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