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 the outcomes of President Trump’s tariffs and whether Trump is hostile to the markets. March has been marked by a massive stock market selloff which wiped off trillions of dollars in value as investors grew uncertain about the US economy and the tariff narrative. Commenting on these developments, Cramer remarked:
“I believe that the President watches CNBC. I think the President recognizes that perhaps it would be good to start narrowing things down. He’s made some real progress. I mean there’s companies that seem to decide to put plants here everyday. Right? I mean, it’s working. And he doesn’t want to destroy the market. I think that there’s this perception that he doesn’t care anymore. I think that’s bogus. I think he cares tremendously. I think that it’s a canard that he doesn’t. I don’t know about our Treasury Secretary, even though he’s 35 years in the market. . .But I do think that the President cares passionately about the market. That was a misdirection play.”
Along with discussing Trump’s thoughts on the markets, Cramer also commented on whether Trump’s strategies are yielding results. The CNBC TV show host has supported tariffs in his previous appearances as he believes that America’s trading partners are being unfair. Cramer believes Trump’s strategy is working:
“His strategy’s working. Because these countries are caving. And these companies are caving. And they’re building things here. You know we see them all the time. Korean companies are now folding. European companies will fold. Because they’re afraid. They’re afraid of him. And it’s working. That strategy’s working. What’s not working is the idea that tomorrow he might change it. He’s gotta stick with this. What he said this week it’s gotta stay. That’s what has to happen. You can’t change again tomorrow, say that you’re not reciprocal, we’re going blunderbuss. Cause reciprocal’s what business wants. Blunderbuss protection they don’t want. Over and over again I heard that this morning. Over and over again.”
As for China, Cramer doesn’t trust the country. He believes that the Chinese government is “playing one hand military and in the other hand they’re inviting people over,” in regards to major American companies’ executives meeting Chinese government officials.
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 24th.
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).
11. Costco Wholesale Corporation (NASDAQ:COST)
Number of Hedge Fund Holders In Q4 2024: 96
Costco Wholesale Corporation (NASDAQ:COST)’s shares are up by 2.8% year-to-date after having suffered heavily in March. The stock is down by 10.8% so far due to investor worries about a recession’s effects on consumer spending. Cramer discusses the stock frequently on his show and has praised the firm’s business model of lower prices. He also believes that Costco Wholesale Corporation (NASDAQ:COST)’s scale can allow it to withstand the effects of tariffs on prices. Here are his latest comments about the firm:
“I love the subscription model, whether it be with Costco, . . .”
10. Johnson & Johnson (NYSE:JNJ)
Number of Hedge Fund Holders In Q4 2024: 98
Johnson & Johnson (NYSE:JNJ) was a part of Cramer’s morning show due to the firm’s spin-off of its consumer health products division Kenvue. Cramer and co-host David Faber discussed in detail whether Kenvue would be acquired by another firm during the program. As part of the discussion, Cramer asserted that Johnson & Johnson (NYSE:JNJ)’s decision to spin off Kenvue was short-sighted and had removed well-known brands from its product portfolio. Here is what he said about the firm:
“These are ill-advised. Some banker came in and said, you want a higher multiple? Get rid of the stuff that does, just is kind of, you know, doesn’t grow, grows 7%, and just blow out with your 18% drug. Well you know, that’s fine. Until you have a hole in your pipeline. And then what do you do?. . .I just say that you know these companies do this stuff David, and then when you really drill down on it, they just say, well Jim, you’ll a generalist, what do you know?”
9. Spotify Technology S.A. (NYSE:SPOT)
Number of Hedge Fund Holders In Q4 2024: 101
Spotify Technology S.A. (NYSE:SPOT) is one of Cramer’s favorite stocks. The firm’s early mover advantage in the audio streaming industry, its large subscription base, and the subscription business model are some of the reasons that he likes the stocks. In his previous remarks about Spotify Technology S.A. (NYSE:SPOT), Cramer was adamant that the shares would recover the value that they lost during the March selloff. To wit, the shares have gained 21% since their March bottom. Here are his latest thoughts about Spotify Technology S.A. (NYSE:SPOT):
“I love the subscription model. . .I even like Spotify.”
8. The Boeing Company (NYSE:BA)
Number of Hedge Fund Holders In Q4 2024: 103
The Boeing Company (NYSE:BA) is one of the biggest aircraft manufacturers in the world. Its stock suffered throughout 2024 as aircraft safety performance and government oversight led to production slowdowns and delivery drops. The Boeing Company (NYSE:BA)’s shares are up by 5.9% year-to-date, however. The stock has risen as the firm wins a jet fighter contract and a shift in overall sentiment. Cramer commented on The Boeing Company (NYSE:BA)’s evolving narrative:
“[When asked if there was a key to the market] There’s a stock that. . we forgot about. That is clearly turning the corner. And that stock is Boeing. There’s a lot a of moves that are kind of questionable and they count on. One of them is the win with the new jet with Lockheed Martin. The Next Gen Air Dominance program. I think that all of the things. . whether it be Air Force One, whether it be [inaudible]. . .but maybe somehow that would put Boeing in the penalty box. It doesn’t seem that’s the case. So let’s watch Boeing on the march to 200.”
7. Tesla, Inc. (NASDAQ:TSLA)
Number of Hedge Fund Holders In Q4 2024: 126
Tesla, Inc. (NASDAQ:TSLA) is Elon Musk’s car company whose shares have been hit hard in 2025. Analysts are divided about whether Musk’s political activities will significantly hamper Tesla, Inc. (NASDAQ:TSLA)’s car deliveries and whether AI and robotics are more important to its narrative than EVs. Cramer commented on the robots:
“Talked everywhere. In every single venue. I mean I must have been in a half dozen venues when I was out West. People wanted to know. What’re you hearing? What’re you hearing? It’s kind of like, he’s the biggest celebrity in business history, and he comes up in every conference.”
“Okay so Jensen says, Jensen Huang, CEO, we’re gonna be renting robots two, three years from now. And I’ve met the robots, very well behaved. And they’ll clean your dishes. And they’ll do the bed. They’re ready. They’re ready to be here. And it’s going to be his [Musk] robots. Because they’re human-sized, their faces are a little blank. This is what people talk about. The renting of robots.”
“Musk’s robots have unbelievable tactile. . .”
6. Netflix, Inc. (NASDAQ:NFLX)
Number of Hedge Fund Holders In Q4 2024: 144
Netflix, Inc. (NASDAQ:NFLX) is a global leader in video streaming. It is one of Cramer’s top stocks due to its dominance in the industry and the disruption of the media industry that has left linear media in the dust. In his previous comments about Netflix, Inc. (NASDAQ:NFLX), Cramer dismissed share price weakness and speculated whether the shares might have lost value due to recent out-performance. This time around, he praised Netflix, Inc. (NASDAQ:NFLX)’s subscription business:
“Sometimes you get a thoughtful piece, when you least expect it. This is a . . Doug Anmuth writes a piece about Netflix today, at JPMorgan. Now, this was an original FANG stock . . .this continually demonstrates earnings power. I love the subscription model, . . .But David, it reiterates why you want to be long, and I just found it resonating because it’s still very much part of the conversation. For everyone. It has, you know, hundreds of millions of subscribers. That’s my point. There’s Netflix and everybody else. And it really is an iconic property. And don’t sell the stock. You should own the stock. I really like it.”
5. Broadcom Inc. (NASDAQ:AVGO)
Number of Hedge Fund Holders In Q4 2024: 161
Broadcom Inc. (NASDAQ:AVGO) is a semiconductor designer that has become a key player in today’s AI industry. The firm’s ability to manufacture custom chips has exposed it to AI data center spending. However, Broadcom Inc. (NASDAQ:AVGO)’s shares are down by 21% year-to-date. The stock bled 21% during January’s DeepSeek selloff. More recently, it has lost value due to economic concerns and the impact of tariffs on the technology sector. Here are Cramer’s latest comments about Broadcom Inc. (NASDAQ:AVGO):
“Broadcom’s in the mix by the way. . . .But they’re not at the, they’re moons. They’re moons. I’m talking suns. . .people have to stay focused on that.”
4. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)
Number of Hedge Fund Holders In Q4 2024: 186
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the world’s largest contract chip manufacturer. Its shares have lost 12.8% year-to-date as investors scale back the AI hype. Wall Street is concerned whether the demand for NVIDIA’s AI chips will materialize, particularly due to worries about the economy created due to the Trump administration’s tariffs. Previously, Cramer has explained that Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) will be NVIDIA’s preferred US manufacturing partner. This time around, he commented on the firm’s leading-edge 2-nanometer process technology:
“Stargate and Taiwan Semi are the two that matter the most. Taiwan Semi if they can build the two-nano, the small ones, not the large ones that go into cars. If Taiwan Semi works out, then that’s a a hedge against what we read about every day in the papers about what the Chinese government is doing.”
3. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders In Q4 2024: 223
Despite the fact that NVIDIA Corporation (NASDAQ:NVDA)’s shares are down by 16.6% year-to-date, Cramer continues to be a bull on the shares. He believes that the firm’s CEO Jensen Huang has the right perspective when it comes to the demand for its AI GPUs. Cramer has also blasted day traders and zero-day options, who he blames for the volatility in NVIDIA Corporation (NASDAQ:NVDA)’s share price. Fresh off of the firm’s GTC conference, here are his recent thoughts about the firm:
“They will spend $5 trillion if they had it.”
“And I called them out on that. I called Jensen. . .yeah, I’m a believer because, look when you look Jensen in the eye and you can do that, I mean this guy’s like a for real guy, and you say look, I don’t believe any of this, well he just says well then you ought to go do more work. He does it much more politely than that. But he just then lists all the people and the things who want it.”
“No, I mean there’s no one near them. I, visited a facility, data center. . .and you just get the sense that there’s NVIDIA, and then everyone else is a distant two, three, four, like nowhere.”
2. Alphabet Inc. (NASDAQ:GOOGL)
Number of Hedge Fund Holders In Q4 2024: 234
Alphabet Inc. (NASDAQ:GOOGL) is the beleaguered big tech giant whose shares have lost 11.3% year-to-date. Multiple factors have driven the firm’s share price weakness. Investors reacted negatively to the firm’s latest earnings report which saw its cloud business miss estimates. However, after the earnings, Cramer urged viewers to consider other Alphabet Inc. (NASDAQ:GOOGL) businesses such as YouTube and their strong performance. More recently, AI competition to the firm’s search engine has also crept into the share price. Here is what Cramer said:
“And existential for Google because Google Cloud has to make up for Google Search.”
1. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders In Q4 2024: 339
Amazon.com, Inc. (NASDAQ:AMZN) is one of the biggest eCommerce firms in the world and a key player in the cloud computing industry. Cramer’s previous remarks about the firm have commented on its AI chip orders benefiting semiconductor designers, shared concerns about its Alexa voice assistant, and shared that recent share price weakness is due to economic concerns translating into bearishness about Amazon.com, Inc. (NASDAQ:AMZN)’s eCommerce business. His latest comments about the company claimed that the firm has pricing power against Kenvue and other personal health firms:
“There’s no gating factor and Amazon has all the power in these things. Yeah, Amazon’s. . .the power, they would tell you that Amazon is in control.”
“I love the subscription model. . . whether it be Amazon,. . .”
AMZN is a stock Jim Cramer recently discussed. While we acknowledge the potential of AMZN 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 AMZN but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure. None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and investors. Please subscribe to our daily free newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.
