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 whether President Trump could fire the chairman of the Federal Reserve, Jerome Powell. The President is an ardent supporter of low interest rates, and in his recent comments, he asserted that Powell has to reduce rates. However, this particular program wasn’t the first time Cramer discussed the possibility.

In fact, he first raised the possibility in a program aired in late March. We covered Cramer’s remarks as part of our coverage of Jim Cramer Discusses These 10 Stocks & Wonders If Trump Will Try Firing The Fed Chairman. Back then, the CNBC TV host linked the President’s potential action against the Fed chair with the recent dismissals of officials from the Federal Trade Commission.

Cramer commented:

“Look, uh, there is a. . .theme here. You fired two Democrats. In the FTC. No one knows what to do. If he can fire two, if he can fire two from the FTC, he can fire Powell. Now doesn’t matter whether it’s legal or not. I thought Peggy Newton had a great piece today, talking about President Jackson. Now we’re really going back, even before McKinley, which is somehow the North Star for this administration. And I think people are just worried that Powell will be fired cause he’s not cutting rates. And I think that all of that we just heard is irrelevant. What matters that as long as there’s a belief that despite Fed chief Powell saying twice that he’s not going anywhere, as long as there is a belief that President Trump may actually have this . . where he can fire anyone, no one’s safe.”

He added that potential action against Powell might have been priced into the markets as Cramer believed stated: “I’m not saying that he will do this. I am saying that since the FTC. . .look if he took it off the table you would see the futures positive right now.”

Cramer maintained the theme in his latest remarks. When his co-host asked him if it was legally possible for the President to take action against Powell, he commented: “I mean they fired, look, I mean he fired these two FTC people. You’re not supposed to be able to do that.”

Commenting further on the legal aspects, Cramer outlined:

“And there you could say that look Chevron allows me to do it. That Chevron decision. I mean what happens when he comes out and he goes to Truth Social and he says that I’ve decided to run a third term. I mean there’s enough people in the government who would say, yeah, okay.”

As to what happens if the President fires Powell? Well, Cramer thinks “Powell says I’m not fired. I mean, it’ll be funny. You know, I remember Melissa Rivers didn’t want to be fired. In The Apprentice. . . .it’s kind of like The Godfather. Anybody can be fired. . .they can get to Powell.”

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 April 17th.

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).

10. D.R. Horton, Inc. (NYSE:DHI)

Number of Hedge Fund Holders In Q4 2024: 60

D.R. Horton, Inc. (NYSE:DHI) is an American homebuilding company whose share performance depends on interest rates and economic activity. As a result, the fact that the shares have lost 10% year-to-date is unsurprising. D.R. Horton, Inc. (NYSE:DHI)’s shares fell by 9.9% in April after the firm cut its full-year forecast to $33.3 billion and $34.8 billion, from an earlier $36 billion to $37.5 billion. Here’s what Cramer said about D.R. Horton, Inc. (NYSE:DHI):

“And people are willing to forgive today. . .There is a bias today. Towards saying that things are a little bit better. This is not a bad day. . . .Horton, not good, the market likes it. So there is an element of forgiveness today that I want to note for the companies that are reporting.”

9. American Express Company (NYSE:AXP)

Number of Hedge Fund Holders In Q4 2024: 71

American Express Company (NYSE:AXP) is an American travel and financial services provider. The shares have lost 16% year-to-date amidst worries about consumer spending slowdown and the recessionary impact of tariffs. However, Cramer has remained upbeat about American Express Company (NYSE:AXP). He has previously commented that the firm’s payment cards are popular among younger users and demonstrate robust spending. The latest comments also revolved around these themes:

“[On AXP’s positive tone about the consumer] Better than that. Uh, I am talking about numbers which by the way include, and we’ve got first twelve days of this month. Steve Squeri going over things, you’re talking about, restaurant spending up 8%, lodging up 6%, goods up 7%, card membership, obviously more and more tremendous numbers have increased. 3.4 million. David, this is as good a quarter if you had to say anything, you would say that the consumer is on fire actually. Really spending a lot. Now I think to keep with leitmotif of novels, uh, Fitzgerald did say in the short story The Rich Boy, the rich are different from you and me. Of course, Hemingway then came back and said yeah they have more money. But this is a Gen X, Gen Z, Millennial explosion. People love the card. I am, I got, the only thing that was not so good was the airlines, it’s not that they matter. Because I gotta tell you, people are feeling good according to this. I mean President Trump could say you know what hey I told you, look how good everybody’s feeling. So I mean stock was up six at one point. . .but I will just say that Steve Squeri is one hell of an executive, and these are really great numbers. And a lot of this is just tremendous execution on the part of this company.”

“Well I mean we do have a, year-over-year we do have a leap day. But I think what’s most important is that people thought that things were going to be flat. Or maybe that people would be discouraged. But the revenues were up really, up nice, up nine. Look I look at this thing and I just say, sure, it’s possible to have done better. Remember, getting a leap year. But this is really a darn good number. And look this is one of the things viewed structurally a big change. You know the younger people just love this. They want it so bad, they want the gold card, they want the platinum card. And I salute younger people for doing something that took me about ten years to get.”