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 that President Trump might be lenient towards major American companies when it came to tariffs. Tariffs on foreign manufactured goods threaten American firms as well since their operations are located overseas. “I think the President is being a little more responsive to great American companies,” he said. Among these companies, Cramer wondered why should the firm that sells the iPhone have to pay considering that it is investing millions in US jobs.
Another hot topic currently in the technology and semiconductor industry is AI chip sanctions. These rules prevent AI GPUs from being sold unrestricted to most countries in the world. Commenting on the rules, Cramer commented:
“And by the way the big thing that’s on the table is the diffusion, is this ridiculous stuff that Biden put through. In the last week on Saturday night. A Saturday night special, we should call that.”
He went on to add that he hoped that the rules were reversed because “it was so selective what countries they picked that could get, the 18 countries. It made no sense.”
As for the tariffs, Cramer hasn’t held back in supporting Trump but maintained that the President should consider a lighter approach in his announcements. He kept the view this time around as he remarked:
“I’m going with the Trump view. And I think the President’s going to be very level headed about the companies, and countries, that play ball. I mean, you know you think I mean, Hyundai I had to that. Korea’s gotten a free ride. I’m waiting for when Mercedes, Volkswagen, and Beamer have to pay the price. Because they’ve had a real free ride in our country.”
“David, we’re a free trader. And everyone has abused us,” Cramer remarked to co-host David Faber.
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 25th.
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. AT&T Inc. (NYSE:T)
Number of Hedge Fund Holders In Q4 2024: 80
AT&T Inc. (NYSE:T) is an American telecommunications carrier that Cramer’s started to mention as a safe play in today’s tariff-driven market. The firm’s shares are up by a strong 23.3% year-to-date which is striking compared to the S&P 500’s 4.83% drop. AT&T Inc. (NYSE:T)’s shares have benefited on the back of strong subscriber growth, with the stock struggling recently as Verizon warned of a slow rest of the year. Here is what Cramer said about the firm:
“Carl I do continually, I’m continually being impressed by what John Stankey is doing at ATT and this piece by Goldman Sachs this morning is very cogent. They’re talking about ‘our conviction in the upside is increasing. Rational[sic] wireless market. That’s terrific, ATT’s fiber strategies, accelerating.’ This is the right chart in the right time. Uh, the cable business is not as good as this business, I can only conclude that.”
“Look, this is very impressive. We still get four percent yield. I am, I think the conviction is right. This is the winner.”
“It’s funny because T-Mobile had been the winner. But I think this one’s the winner now. T-Mobile’s still great.”
11. Chevron Corporation (NYSE:CVX)
Number of Hedge Fund Holders In Q4 2024: 81
Chevron Corporation (NYSE:CVX) is one of the biggest oil companies in the world. It is also one of Cramer’s top oil stock picks, due to the firm’s CEO Mike Wirth, its cash flows, and projects in the Gulf. Chevron Corporation (NYSE:CVX)’s shares are up by 13% year-to-date. In his previous comments, Cramer has attributed some of the stock’s gains to a “natural gas rally.” Here are his latest thoughts about Chevron Corporation (NYSE:CVX):
“I think Mike’s done a lot of good, Mike Wirth. He’s right, stands for the oil industry.”
10. Palo Alto Networks Inc (NASDAQ:PANW)
Number of Hedge Fund Holders In Q4 2024: 83
Palo Alto Networks Inc (NASDAQ:PANW) is a cybersecurity company. Cramer has been optimistic about the sector in his previous appearances due to the ability of AI to drive the need for cybersecurity solutions. Palo Alto Networks Inc (NASDAQ:PANW)’s shares are down by 4.3% year-to-date but have gained 21% over the past year. The stock has struggled this year primarily on the back of a disappointing earnings report in February. In his previous comments about Palo Alto Networks Inc (NASDAQ:PANW), Cramer criticized the sellers for rushing before reading the earnings. Here are his latest thoughts:
“And then I’ve got Nikesh Arora, who is. . .and Nikesh is brilliant, he’s Palo Alto, and, gives George Kurtz a run for his money. . .”
9. 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 whose shares have seen fireworks in March after the appointment of CEO Lip-Bu Tan. Cramer has praised Lip-Bu several times since the appointment. He believes that the executive is a forward-thinking individual who had stressed the importance of generative AI before ChatGPT popularized the concept. He believes Lip-Bu will streamline Intel Corporation (NASDAQ:INTC)’s balance sheet after taking over. Here are his comments:
“Intel, alright. The one thing that Lip-Bu is doing, Lip-Bu Tan, first he’s fixing the balance sheet. He has to do that. The balance sheet is not good. The cash flow is not good, he’ll fix that with the help of David Zinsner who’s just a fabulous CFO. And then we’ll hear from him.”
8. Carvana Co. (NYSE:CVNA)
Number of Hedge Fund Holders In Q4 2024: 84
Carvana Co. (NYSE:CVNA) is a new-age used car retailer whose stock has traded as a meme stock at one point. Its hypothesis is linked to new car sales, car prices, inflation, and interest rates in America. Year-to-date, the shares are flat after a selloff in February that started after its revenue per retail vehicle sold dropped. Here are Cramer’s thoughts about Carvana Co. (NYSE:CVNA):
“[On a recent upgrade] Oh I thought that was so right. They waited until it came down. It did come down a lot. And there’s another one that I think the gross margins are going higher. It’s a remarkable presence in so many different cities and they’ve lowered the price of how much it costs to be able to fix the car. They sped up. . .but Ernie Garcia, you can buy the car, sell it, I mean. . .I think Ernie’s remarkable and he braved a lot of short sellers, and he came out on top.”
7. Capital One Financial Corporation (NYSE:COF)
Number of Hedge Fund Holders In Q4 2024: 89
Capital One Financial Corporation (NYSE:COF) is one of the biggest banks in America. It’s turning out to be a key year for the firm as it moves forward with its proposed acquisition of fintech firm Discover. During the show, Cramer’s co-host David Faber remarked that the deal would see significant scrutiny from regulators. However, Cramer opined that Capital One Financial Corporation (NYSE:COF) will be able to divest business units to secure regulatory approval:
“But did you see about the recommendation? About one. . .for Capital, Capital One? I mean, this is unbelievable, they’re talking about if they get this deal with Discover, 427 dollar price target, we should look at that, Capital One.
“[On deal being reviewed for anti trust] Over subprime, they can fix that. They can divest 18% of subprime without a problem.”
6. The Boeing Company (NYSE:BA)
Number of Hedge Fund Holders In Q4 2024: 103
The Boeing Company (NYSE:BA) is the embattled aircraft manufacturer whose shares have started to turn a corner in 2025. Year-to-date, the firm’s shares have gained 1.24% despite a 15% drop during the first ten days of March. The Boeing Company (NYSE:BA) has benefited as the US government has awarded the firm a massive $20 billion contract for its next-generation fighter aircraft platform. The win injects considerable certainty into the firm’s future cash flows. Here is what Cramer said about The Boeing Company (NYSE:BA):
“Kelly Ortberg, he’s classic, he’s the CEO. What does he do first? He fixes the balance sheet. Then he gets to know the company even better. . .then, he’s, goes to China. . .and now this is very logical. Because I think that if you win that plane. . .already announced and another plane, why wouldn’t this Justice Department change their mind? Remember, this is a different Justice Department. We seem to think that Justice is, that has a continuum. If we think. . .that the Justice Department is the same Justice Department that you got with Biden, I think that’s ill-advised to think that.”
“That means if I were Boeing, I’d roll the dice with the new Justice Department.Why not? I mean, look, why not roll the dice on anything that is that political, because if you are considered to be a great American company, I’m not saying that Justice is on a strange arc anymore, but I think that Justice might say you know what, they’ve done a lot of good. Let’s them out of it. That’s very contrary to the previous administration where everything was etched in stone. But I think it’s very wise. I think Kelly Ortberg is making, he’s making every right decision. Now we have to see what he does with space. Does he say listen, we don’t have the money to do space and we do this? I don’t know. But he has to make a decision about space.”
“[On whether stock can go higher] I think you can blow through that. I think the plane orders, if they’re allowed to do as many 737s as they want, which I think really. . .then they’re going to be money in 2026 they’re gonna have an amazing year. Now, I’m not gonna recommend the stock because then if it goes down David will kid me forever, and I don’t really need that.”
5. Alibaba Group Holding Limited (NYSE:BABA)
Number of Hedge Fund Holders In Q4 2024: 107
Alibaba Group Holding Limited (NYSE:BABA) is a Chinese technology and eCommerce giant. A key player in the country’s technology and AI ecosystem, it made headlines during the week after co-founder and chairman Joe Tsai remarked that market expectations about AI might be significantly inflated. Cramer, who is one of AI’s biggest proponents based on his interactions with NVIDIA CEO Jensen Huang, had a lot to say on the matter:
“People, talking about a bubble. Uh, they did DeepSeek out of China. Talked about, they’re way ahead of us. This is the way Sputnik went in the period where we were in a cold war. And it always turned out like they were saying things and they really weren’t. . .right, they were trying to steer us wrong. I think Joe Tsai is a great guy. And, this surprised me. He should go a data center, he should speak to NVIDIA, he should go speak to Michael Dell. You would realize that there is as, Jensen’s told me, a hundred time more power than we need versus last year. A hundred times. So I mean, and remember, we’re gonna have robots. And robots need a huge amount of compute.”
“I think just. . .they don’t get it. They don’t get what they’re doing and they say things that in retrospect are a little more reckless. And they don’t help the cause. And now people here might say, the reaction might be this is something the government would want. I don’t think, I think Joe Tsai’s an independent guy but the government wants to hear that, in America, that we should do less. That there’s a bubble. But these companies are all struggling. To beat each other. Now there’s only a couple that do it. Others will fall by the wayside. But this is not unlike what happened in our country. We ended up with Amazon, we ended up with Google. You know you don’t want to be America Online. That’s what this is about. It’s about America Online. And why does Joe Tsai not see that? Because Joe Tsai’s not here. It’s AOL. And it’s just incredible to me how important it is to be number one. And Jensen has taught me this. He’s schooled me on this.”
“I went to a data center last week. Eighth wonder of the world. And they need like five times more and then you have to have more compute, and you have to, they’re in Las Vegas because it doesn’t have any, uh, water problems and no earthquake. And you go there and you realize, well there’s CoreWeave. And you wanna say, I wanna own shares of the CoreWeave deal. Because they are so integral to what everybody is doing. Particularly you know chat.”
“I was so skeptical. And the people I talked to, both on and off the record, if Joe Tsai were there, Joe Tsai would say, you know what, I gotta take that back. Let me take that back.”
4. Tesla, Inc. (NASDAQ:TSLA)
Number of Hedge Fund Holders In Q4 2024: 126
Tesla, Inc. (NASDAQ:TSLA) is the world’s largest pure-play electric vehicle manufacturer. The shares have been under considerable pressure this year primarily due to vehicle delivery drops that most analysts believe are due to CEO Elon Musk’s political activities. In his earlier remarks about Tesla, Inc. (NASDAQ:TSLA), Cramer wondered whether the stock’s got to do more with artificial intelligence and humanoid robots as opposed to cars. Here are his latest thoughts:
“Okay, it’s not a car company. It’s a company that is a technology company. A technology company, it’s, David you know what it is? . . It’s a intellectual factory [sarcastically]. It’s an intelligence factory. And because of that, we don’t have to look at it anymore as a car company.”
“Well I’m not, Cathie Wood, what has she got like a [2,600 price target] . . .oh, okay, fine. I see 2,600, I raise to 27, 27 at the back, I got 2,800 at front, I got 2,800 front, going once, going twice, I have 2,900 on the phone, okay this is nonsense.”
“No I’m saying that, it is a technology company, you know that, and we’re alluding to it’s hoard of H100. But I’m saying they also have, I’m saying that the man has the Texas facility, which is remarkable. And, you know look, Waymo’s starting in Washington. If Waymo’s, you know Waymo’s nowhere as good as Tesla.”
“The street doesn’t want this thing down. It presents too much of what I regard as being the most important issues of our time right now. It’s cause it’s autonomous. It’s robot. But it also sells cars. And that thing, the thing that is. . .the pickup truck. That was, that was, that’s like front and center. That’s a federal crime if you deface them.”
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. Its shares have struggled this year on the back of weakening sentiment about the economy, the threat of tariffs raising prices, and delays with an AI-focused Siri update. For the AI update, Cramer has criticized sellers and shared that Apple Inc. (NASDAQ:AAPL) likes to fine-tune its products before launching them. This time around, he commented on whether the firm might be exempted from President Trump’s tariffs:
“[On whether Apple would get a tariff exemption] Yes, I think yes. I think yes.”
“But watch Apple. Okay, cause I think Apple has spent the most time trying to do the right thing and put the most money up other than that Stargate.”
“I think that Apple, I don’t wanna say it’s fine, cause it’s at 29 times earnings. But, I think that Apple has, Tim Cook’s done everything he can to please everybody. And maybe a please all, please none situation.”
2. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders In Q4 2024: 223
NVIDIA Corporation (NASDAQ:NVDA) is the ill-fated AI GPU stock whose fall from grace reflects Wall Street’s growing uncertainty about AI and the economy. Despite a strong 2024, the stock is down by 20% year-to-date as it fails to respond to multiple potential catalysts such as a GTC conference that hinted at trillions of dollars of addressable markets. Cramer believes that the market is wrong about NVIDIA Corporation (NASDAQ:NVDA). Here is what he said:
“One of the things I talked about with a bunch of people from NVIDIA is, because they have these 2x inverse, and because you can do zero day options. . .that they can push anything down. And it’s instant rapid fire. It is almost as if, when they came up with the Gatling Gun in the Civil War, where everyone’s doing single musket, and then the Gatling Gun. . . I mean like when they realized the war would not be over in six weeks. . . These guys are machine guns, and there’s no defense. NVIDIA has no defense against the machine guns.”
“[on whether the shares were vulnerable] Absolutely. Because they want it down. Now you’d say well that’s a grand conspiracy. No, I actually talked with one of the firms. And you know, it’s, every man for himself. And NVIDIA is vulnerable to that nonsense. Versus real buyers who could come in and say I can’t believe I got this bargain because they’re trying to break it with a death cross. You know and that’s the 50-day going under the two hundred day.”
“Here’s what I’m doing, I’m presenting a case where ignorant people. . .are doing things to the stock that no one every believed could have happened. Because of the, when the SEC, even the old SEC, allowed a 2x inverse. That presents a tremendous amount of power against the stock. And the, bless these zero-day options, and that is, just a nightmare for a stock. . .like they came in this morning, 3:30 they were doing, 3:30, I mean. . .3:30 I have to get up to see these clowns? 3:30, they’re using a, you know, I don’t know, a . . .rocket. I don’t know what they’re doing.”
“I’m saying that it’s very, that this stock is vulnerable to what they want. And is it being manipulated? No, the SEC blessed this. I just want people to know, that the reason why it went down this morning, was that they, you take the Joe Tsai, and then they were coming in and they were using heat seeking missiles. . . they were doing everything they can. . .”
1. Alphabet Inc. (NASDAQ:GOOGL)
Number of Hedge Fund Holders In Q4 2024: 234
Alphabet Inc. (NASDAQ:GOOGL) is one of the poorest-performing big tech stocks this year. Its shares have lost 18% year-to-date as investors remain skeptical about AI cloud returns, a Justice Department lawsuit, and the risk to its search engine business from AI options. In his previous comments about Alphabet Inc. (NASDAQ:GOOGL), Cramer has pointed to an absence of potential catalysts for the stock price. This time around, he remarked about the firm’s autonomous driving platform Waymo:
“And, you know look, Waymo’s starting in Washington. If Waymo’s, you know Waymo’s nowhere as good as Tesla.”
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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