In this article, we will take a detailed look Jim Cramer Is Talking About These 10 Stocks Heading Into December.
Jim Cramer in a recent program talked about President-elect Donald Trump’s Treasury pick and highlighted his enthusiasm for the stock market.
“On the other hand, President Trump was all about Nielsen ratings when he was on The Apprentice, and as president, he repeatedly said, The Dow Jones Industrial Average all-time high, and the S&P 500 were his new Nielsen ratings. He likes being rated, he likes to win, and he wants that stock market to go up to ratify his performance. That’s a big reason why the market exploded higher when he won.”
Cramer also discussed Trump’s Treasury pick Scott Bessent’s possible 3-3-3 plan that calls for bringing the budget deficit down to 3% of GDP, 3% growth and producing 3 million barrels of oil per day.
Jim Cramer said he is skeptical about Elon Musk’s efficiency plans in the upcoming Trump administration.
“Can there be a legitimate top-to-bottom change in the efficiency of our government and its associated costs? Count me as a skeptic about any attempt to change the government, including Elon Musk and Vivek Ramaswamy’s Doge thing, because every penny of spending in the budget has a constituency. When you add all those proposed cutbacks together, you face tremendous opposition. But that’s not the point. What matters is that this Treasury Secretary-designate is a serious person.”
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For this article we watched several latest programs of Jim Cramer and picked 10 stocks he is talking about. With each stock we have mentioned its hedge fund sentiment. 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 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
10. AMC Entertainment Holdings (NYSE:AMC)
Number of Hedge Fund Investors: 16
Answering a question about AMC Entertainment Holdings (NYSE:AMC) in a latest program on CNBC, Jim Cramer said:
“If it gets to six, I want you to sell it. Period. End of story.”
AMC is down 27% over the past year. Last year, the company managed to generate a small positive free cash flow in Q3, totaling just over $8 million. However, this year, the situation turned negative once again, with a significant cash burn of over $92 million. By the end of September, AMC had around $527 million in cash, while its debt stood at more than $4.1 billion.
Though the debt restructuring extends some maturities, AMC’s management is still navigating the business with considerable risk.
9. Enbridge Inc (NYSE:ENB)
Number of Hedge Fund Investors: 26
While talking about energy stocks that can benefit under the upcoming Trump administration, Jim Cramer named Enbridge Inc (NYSE:ENB) and said:
“The Canadian company that transports nearly 20% of the natural gas consumed in the U.S. and also operates North America’s largest natural gas utility by volume, serving customers in Ontario, Northeast Ohio, Utah, and North Carolina. For the pipeline business, Enbridge Inc (NYSE:ENB) is very strategically located, as it’s connecting the Gulf Coast to the Eastern Midwest, meaning the Appalachian Basin. They actually are in the Gulf King, okay? They also go across the Northeast, and they can get natural gas where it needs to go. Their system is just incredible.
Enbridge Inc (NYSE:ENB) has taken off in the back half of the year, rallying 22% since the end of June. Even after that move, though, the stock supports a bountiful 6.1% yield. It’s one of the safest dividends around, totally covered by the cash flow. We’ve been with it the whole way for years now and have been able to get that juicy yield.”
Enbridge Inc (NYSE:ENB) has been growing its dividends consistently over the past 29 years. Enbridge Inc (NYSE:ENB) is also seen as an indirect AI play since companies are set to spend a fortune on power and energy solutions to meet data center-driven demand. Enbridge Inc (NYSE:ENB) is positioned well to benefit from this since it’s one of the largest natural gas utility companies and one of the largest pipeline companies in North America. Enbridge Inc (NYSE:ENB) bought three natural gas utilities from Dominion Energy, Inc. (D), which serves 3 million people across Ohio, Utah, Wyoming, Idaho, and North Carolina. With this acquisition, ENB’s utility segment now serves over 6 million customers in North America.
8. Sempra (NYSE:SRE)
Number of Hedge Fund Investors: 33
While talking about energy stocks that can benefit under the upcoming Trump administration, Jim Cramer named Sempra (NYSE:SRE) and said:
“I also like Sempra, which is a more diversified power company but has plenty of natural gas exposure through regulated gas utilities in California and a big natural gas pipeline network that helps bring gas to Mexico. Can you believe that? They need our natural gas after being so big in it, but they haven’t done any of the infrastructure. It’s also got a growing portfolio of LNG export facilities in both the U.S. and Mexico. This is another name that’s broken out since the election, straight up, actually also up 15%. Now, I would be a little more cautious and wait for it to come down.”
7. Robinhood Markets Inc (NASDAQ:HOOD)
Number of Hedge Fund Investors: 36
Jim Cramer in a Mad Dash episode on CNBC sounded bullish on Robinhood Markets Inc (NASDAQ:HOOD) because of the company’s success in attracting younger Americans who are interested in investing:
“This is the king, okay? These guys have the next generation. The other guys have the people who watch fire shows and hospital shows and detective shows. These guys have the young; they watch TikTok, they watch YouTube, and they watch their handhelds and trade crypto.”
Can HOOD shares go higher in the future?
In the latest earnings call with analysts, Robinhood’s CFO, Jason Warnick, highlighted the company’s significant growth in recent quarters, which has pushed it to an all-time high of 2.2 million Robinhood Gold subscribers. This growth, he noted, is part of Robinhood’s unique approach. Few other brokers manage to charge a subscription fee for using their platform. Robinhood Gold plays a crucial role in monetizing the company’s user base, but it’s only one aspect of its broader strategy.
“And one of the most exciting new parts of the Gold program is our Robinhood Gold card. When I’ve talked to Robinhood customers in recent months, the Gold card almost always comes up. If someone has it, they love it. If they don’t have it, they want to know when they’re going to get it. And I hear you. We’re working hard to increase the rollout, but we’re also being patient and carefully studying customer behavior as we grow so that we manage credit risk to profitably scale over time. While it’s still early, I wanted to share some emerging data from our 100,000 Gold card customers. First, customers love the Gold card. App store ratings continue to be five out of five with over 10,000 five-star reviews. Customers tell us they love the metal card, the digital app, and of course, the 3% rewards,” the company’s CEO Vlad Tenev said on the call.
Read the entire call transcript here.
Recently, Robinhood expanded its reach by acquiring TradePMR, a firm specializing in brokerage and custodian services for Registered Investment Advisors (RIA), in a deal valued at approximately $300 million. The move is seen as part of Robinhood’s push into the retirement account market. As of Q2 2024, the Investment Company Institute reported around $40 trillion in retirement investment assets in the U.S.
Robinhood’s estimated forward revenue growth stands at 26.79% year-over-year, nearly 393.55% above the sector median of 5.43%.
6. Coterra Energy Inc (NYSE:CTRA)
Number of Hedge Fund Investors: 39
While talking about energy stocks that can benefit under the upcoming Trump administration, Jim Cramer named Coterra Energy Inc (NYSE:CTRA) and said:
“This is another exploration production play, although it’s more balanced between oil and gas. In fact, after a pair of acquisitions announced earlier this month, Corterra revenue mix will tip a bit more in favor of oil next year. We like to say it’s more oily, less gassy. It does happen to have the lowest cost natural gas of any company in our country/
I like Corterra Energy because it’s one of the trust operators in the industry. I trust them to handle whatever environment we already have, making it a great long-term holding. When reported late last month, Corterra announced that they signed three new liquefied natural gas supply agreements to sell a total of 200 million cubic feet per day indexed to international price points. Now, that’s huge because international price points are much, much higher than domestic ones. The actual sales won’t take place until 2027–2028. That was a bummer to me, but it’s nice to see they’re going to unlock a lot of demand, and I think it gives it a great glide path for the next couple of years.”
Coterra Energy Inc (NYSE:CTRA) is also expected to benefit from various catalysts in the future. Data from Natural Gas Intelligence says there would be a 76% increase in LNG support capacity by late 2024 into 2025 amid expectations of a lift of ban on LNG exports. Data centers, EVs and an overall rise in economic activity in the future will also lift gas demand, helping stocks like Coterra Energy Inc (NYSE:CTRA).
Diamond Hill Mid Cap Strategy stated the following regarding Coterra Energy Inc. (NYSE:CTRA) in its Q3 2024 investor letter:
“Among our bottom Q3 contributors were Civitas Resources, Coterra Energy Inc. (NYSE:CTRA) Energy and Ashland. Oil and gas exploration and production companies Civitas Resources and Coterra Energy were pressured against a backdrop of weakening future global oil demand, which weighed in turn on West Texas Intermediate (WTI) and Brent crude prices and, consequently, the energy sector overall.”
5. EQT Corp (NYSE:EQT)
Number of Hedge Fund Investors: 48
Talking about the impact of a Trump presidency on natural gas stocks, Jim Cramer said in a latest program on CNBC that he’s bullish on EQT Corp (NYSE:EQT):
“Even before the election, the stock was getting some buzz. Bank of America reinstituted coverage with a buy rating in late October. Then the next day, EQT reported a terrific beat and raised their quarter, which did shock me…… If the natural rally truly has legs, then I’ve got to tell you, EQT—by the way, I still very much…(buy, buy, buy).”
There have been concerns around EQT Corp (NYSE:EQT) amid lower natural gas demand due to warmer winters. However, analysts believe natural gas demand will begin to increase in early 2025 while AI-driven electricity demand surge is almost guaranteed to help EQT Corp (NYSE:EQT) solve demand-related headwinds. EQT is behind a pure-play Marcellus Shale natural gas field in Appalachia. EQT Corp (NYSE:EQT) controls approximately 200,000 acres in northeast Pennsylvania, around 70,000 acres in eastern Ohio, 460,000 acres in southwest Pennsylvania, and 370,000 acres in West Virginia.
