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 discussed Vice President JD Vance’s remarks during a leaked national security chat which saw top Trump administration officials discuss airstrikes on Yemen. While Cramer admitted that the conversation really didn’t fall within his show’s purview, he appreciated the position that Vance took with regard to oil prices. “But JD Vance came out for lower oil prices,” said Cramer. “And I thought that was significant. Obviously, had a very good point of view and a clear point. And he said we didn’t want oil prices to spike off this,” he added.
Cramer also shared that he believes that the Trump “administration is committed to lower oil prices because they want less inflation.” Further commenting on Vance’s remarks, he outlined: “And I felt that was really a very smart question. Will it drive up oil? Some should have asked it. Some did ask it. And I thought it was wise.”
The conversation then shifted to the Trump administration’s fresh round of actions against Venezuela. The President announced earlier this week that any country buying oil from Venezuela would face 25% tariffs. According to him “Well Venezuela is a criminal enterprise country. And I hope that they, I know that there are oil countries that deal with Venezuela. But, Venezuela needs to be cut off.”
The recent gloom surrounding technology companies hasn’t affected Cramer. “[T]he technology industry may be more favored than we realize,” he believes. “It may be a little more selective if you’re hiring a lot of people in this country. I think that you’re gonna get a big break in taxes. In tariffs. That matters,” he added.
As for the President and the stock market, the CNBC TV show host believes that if you’re positive about Trump, then you’re a stock market bull. According to Cramer: “The bulls, to quote the President, I think have the cards.”
He added further:
“I think that there’s going to be a little more common sense, I also think that the President, when the correction, when we hit down the minus ten on that Thursday, I think the President will say maybe I ought to pay a little more attention to this. And he has. And I think that you get a company, let’s say [Michael Dell’s computer hardware company]. They have to have a, they import a lot of stuff. I question whether they’ll have to have a tariff. They’re a great American company.”
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).
13. Oklo Inc. (NYSE:OKLO)
Number of Hedge Fund Holders In Q4 2024: 27
Oklo Inc. (NYSE:OKLO) is a California-based nuclear power provider. Its shares are up by 9% year-to-date, despite a selloff in March after the firm’s earnings report. The results saw Oklo Inc. (NYSE:OKLO) report a 74-cent loss which was markedly higher than the year-ago results of 47 cents. It also warned about continuing financial losses in the future. Oklo Inc. (NYSE:OKLO)’s fate is tied closely to the data center industry, and analysts remained bullish on the stock after the report. Here is what Cramer said about the firm:
“And that’s why Oklo was so interesting. Even though I think it’s you know very speculative. You need nuclear very badly. You just need nuclear.”
12. The Campbell’s Company (NYSE:CPB)
Number of Hedge Fund Holders In Q4 2024: 30
The Campbell’s Company (NYSE:CPB) is an American food products company. Its shares, like those of peers, have struggled as consumers struggle with inflation. Cramer also believes that food stocks have suffered because of GLP-1 drugs affecting the market’s demand trends. The Campbell’s Company (NYSE:CPB)’s shares are down by 5.3% year-to-date and have lost 10.5% over the past year. In his previous remarks, Cramer has shared that snack demand has affected the firm. Here are his latest remarks:
“. . .food companies are really terrible. Versus say 2007 and nine, where there was growth, there’s no growth in these companies. Campbell Soup, there’s no growth. . . These are really, they’re really [inaudible] companies.”
11. Cognizant Technology Solutions Corporation (NASDAQ:CTSH)
Number of Hedge Fund Holders In Q4 2024: 31
Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is a technology services consulting firm. The shares are flat year-to-date and have gained a modest 4% over the past year. Cognizant Technology Solutions Corporation (NASDAQ:CTSH)’s shares have been on a downward trend since mid-February as they have lost 16%. While AI has created a new software industry, the non-AI software sector has continued to struggle due to the impact of inflation and high interest rates on business spending. As for Cramer, here’s what he thinks about Cognizant Technology Solutions Corporation (NASDAQ:CTSH):
“Very important company. Very good company. Good booking. Very smart.”
10. McCormick & Company, Incorporated (NYSE:MKC)
Number of Hedge Fund Holders In Q4 2024: 40
McCormick & Company, Incorporated (NYSE:MKC) is one of the biggest spice companies in America. A classic staples stock, its performance has been indicative of its sector. Over the year and year-to-date, McCormick & Company, Incorporated (NYSE:MKC)’s shares have gained 5.9% and 7.2%, respectively. Cramer’s previous comments about the firm have highlighted that the firm can do well if there’s a recession or if consumer confidence drops. His latest remarks about McCormick & Company, Incorporated (NYSE:MKC) maintained this theme:
“And I just wanted to defend McKormick for a second, now they do have two percent volume growth. It’s not bad. They do have some currency that really knocked things down. People are not factoring it. If you factored in the currency which was bigger than they thought, it’s actually in-line. But what I like about McKormick best, is that people are, when people are . . .and don’t want to go out to expensive restaurants, they cook. And when you cook, you use spice. . .And McCormick is a spice company, and I think they’re gonna do very well if things get, uh, let’s say tougher in the country. Because do it yourself does well. And cooking does well. And McCormick will do well.”
“I like to look at the future. And Brendan Foley I think is going to do a good job. I think that, they talk about, look they talk about Europe being very strong. Which does matter. And they just talk about, listen you gotta recognize that, you have to recognize the behavior of people. And, there are a lot of people. . .who think there’s a slowdown. And they’re very very concerned. And they’re cooking at home.”
“And I’m just saying, don’t give up on it. Because, if you think that we’re having a slowdown, people are going to cook at home. You were gonna wish you were in it.”
“And I don’t think that’s wrong, because the restaurant costs so much unless you go to Longhorn’s, you know well Longhorn’s cheaper . . .or you go to Texas Roadhouse, or you go, Cracker Barrel’s. . .but I just think that, people aren’t, KB Homes, that was a big cut price in their homes. First time.”
9. The Kraft Heinz Company (NASDAQ:KHC)
Number of Hedge Fund Holders In Q4 2024: 43
The Kraft Heinz Company (NASDAQ:KHC) is one of the best-known food products companies in America. As has been with its peers, the firm has struggled with inflation-driven low demand. The Kraft Heinz Company (NASDAQ:KHC)’s shares are down by 18% over the past year as a result. Cramer isn’t a fan of either the company or its sector. Here’s what he said about The Kraft Heinz Company (NASDAQ:KHC):
“. . .food companies are really terrible. Versus say 2007 and nine, where there was growth, there’s no growth in these companies. . .Kraft Heinz, there’s no growth. . .These are really, they’re really [inaudible] companies.”
8. General Mills, Inc. (NYSE:GIS)
Number of Hedge Fund Holders In Q4 2024: 49
General Mills, Inc. (NYSE:GIS) is a diversified food products company that sells a variety of items such as cereals, yogurt, and flour. As is the case with its peers, the stock hasn’t done well recently. General Mills, Inc. (NYSE:GIS)’s shares have lost 6% year-to-date and 14.7% over the past year. The stock dipped by 8% in March amidst pessimism about the economy and a downbeat outlook. In his earlier comments about General Mills, Inc. (NYSE:GIS), Cramer warned that some of the firm’s foods might not do well in today’s GLP-1 era. Here are his latest comments:
“. . .food companies are really terrible. Versus say 2007 and nine, where there was growth, there’s no growth in these companies. Campbell Soup, there’s no growth. Kraft Heinz, there’s no growth. General Mills, there’s no growth. These are really, they’re really [inaudible] companies.”
7. Nucor Corporation (NYSE:NUE)
Number of Hedge Fund Holders In Q4 2024: 51
Nucor Corporation (NYSE:NUE) is the largest steel manufacturer in America. It’s a classic industrial stock that thrives when the economy is booming. Given higher interest rates and inflation, it’s unsurprising that Nucor Corporation (NYSE:NUE)’s shares are down by 37% over the past year. In his. previous remarks, Cramer has blamed the firm’s woes on cheap Chinese steel flooding the US market and wondered if President Trump could put a stop to it. This time around, he linked Nucor Corporation (NYSE:NUE)’s shares to a potential approval of Nippon Steel’s acquisition of US Steel:
“You sell Nucor. Sell Nucor if that [if Nippon’s deal for US Steel is approved] happens. Sell it.”
6. Texas Roadhouse, Inc. (NASDAQ:TXRH)
Number of Hedge Fund Holders In Q4 2024: 52
Texas Roadhouse, Inc. (NASDAQ:TXRH) is a casual dining restaurant chain. Its shares depend on consumer spending and are down by 4.6% year-to-date amidst worries of a drop in sentiment. Cramer’s previous remarks about Texas Roadhouse, Inc. (NASDAQ:TXRH) have remarked that he would continue to build a position as the shares headed lower. This time around, he indicated Texas Roadhouse, Inc. (NASDAQ:TXRH)’s price advantages in an inflationary environment:
“And I don’t think that’s wrong, because the restaurant costs so much unless you go to Longhorn’s, you know well Longhorn’s cheaper . . .or you go to Texas Roadhouse, or you go, Cracker Barrel’s. . .but I just think that, people aren’t, KB Homes, that was a big cut price in their homes. First time.”
5. Cloudflare, Inc. (NYSE:NET)
Number of Hedge Fund Holders In Q4 2024: 55
Cloudflare, Inc. (NYSE:NET) is a software company that provides cybersecurity and other associated services. In a show aired in February, Cramer shared that he had added the firm to his portfolio. He outlined that Cloudflare, Inc. (NYSE:NET) is broadening its moat to expand its total addressable market. Cloudflare, Inc. (NYSE:NET)’s shares are up by 17.4% over the past year. Here are Cramer’s latest remarks about the firm:
“You wanna talk Cloudflare? A Sell to a Buy at Bank of America? It goes from price target 60 to 160? I have Mathew Prince on regularly, okay. Mathew Prince has done more cybersecurity and internet and also he does the. . he protects voting. . .but he has a very solid internet secure plan. And why anyone would say sell that company? It is extraordinarily wrong. But I like the fact that at least he owned up.”
4. United States Steel Corporation (NYSE:X)
Number of Hedge Fund Holders In Q4 2024: 63
United States Steel Corporation (NYSE:X) is a small American steel company that has primarily been in the news this year due to Japanese firm Nippon Steel’s bid to acquire the firm. The Trump administration taking power saw renewed efforts by Nippon Steel to acquire the firm. More recently, Cramer has blamed Japan for also pushing subsidized steel into the US market. As a result, he isn’t in favor of the deal’s approval. Here are his latest comments about United States Steel Corporation (NYSE:X):
“Nippon Steel should not be allowed to get that company because they’re a serial dumper.”
3. Wynn Resorts, Limited (NASDAQ:WYNN)
Number of Hedge Fund Holders In Q4 2024: 64
Wynn Resorts, Limited (NASDAQ:WYNN) is a hospitality and casino company that is one of Cramer’s top stocks in the sector. He has been appreciative of the firm’s CEO Craig Billings in his previous comments and has also asked viewers to keep the firm’s China exposure in mind before making an investment decision. Here are his latest comments about Wynn Resorts, Limited (NASDAQ:WYNN):
“Notice, look at this, WYNN is up 3.7. Look I gotta tell you, you want impressive, go to this guy. . .Craig Billings. . .I think he’s one of the most impressive CEOs. He’s from Goldman, he’s a genius.”
2. T-Mobile US, Inc. (NASDAQ:TMUS)
Number of Hedge Fund Holders In Q4 2024: 70
T-Mobile US, Inc. (NASDAQ:TMUS) is an American telecommunications carrier that has been a favored Cramer stock recently. He has praised the firm’s subscription growth and its ability to sell handsets in the current economic climate. More recently, the CNBC host has raised concerns about a potential management shuffle at the company that might affect T-Mobile US, Inc. (NASDAQ:TMUS) CEO Mike Sievert due to German bank Deutsche Bank’s stake in the firm. Here are his latest comments about the firm:
“It’s funny because T-Mobile had been the winner. But I think this one’s the winner now. T-Mobile’s still great.
“Don’t you think the Germans are going to put a CEO in eventually?. . of T-Mobile. Just putting it out there. . .no, everybody loves Mike. He’s not hurt by tariffs. . .well, then they should get a higher price to earnings multiple.”
1. CrowdStrike Holdings, Inc. (NASDAQ:CRWD)
Number of Hedge Fund Holders In Q4 2024: 77
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is a cybersecurity company that is still to fully recover from its historic software misconfiguration led outage last year. Since the outage, the shares are still down by 5.9%. Cramer has been nothing short of praise for the firm and its CEO George Kurtz in his previous remarks. He believes that CrowdStrike Holdings, Inc. (NASDAQ:CRWD)’s cash flow and orders are better than what people believe. This time around, he remarked that the outage was now behind the firm:
“Okay, so Crowdstrike, this is I’m going back and forth with George, I communicate a lot with George Kurtz. This is now behind them, the July 19th is behind them. And that was the point of this, it’s a volatile stock. . . .I just think that this is a remarkable company, it was in the four fifties when, 425, 450, then they reported. The quarter was fine. It wasn’t the blowout that people were looking for, the stock went down to 330, 340. It’s gonna come right back. It’s not necessarily Palantir, David, but it’s gonna come right back.”
“. . .But Crowdstrike is remarkable. . .owned by my trust, one of my absolute favorites. We bought a lot down here and I’m down 330, 340 and. . .its George Kurtz.”
“What I like about Crowdstrike best, is that George visited a 130 clients in a hundred days. In his worldwide apology tour. Most people they didn’t bother to apologize for anything.”
CRWD is a stock Jim Cramer recently discussed. While we acknowledge the potential of CRWD 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 CRWD but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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