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 he believed that Elon Musk’s Department of Government Efficiency, or DOGE, would target wasteful government spending. Musk, during the latest earnings call of his car company, shared that he would soon step back from DOGE and return to managing his businesses. The news sent the shares of his firm soaring by 10% since the report, and media reports since then have also pointed towards disagreements between him and Treasury Secretary Scott Bessent.
Cramer commented:
“I’m beginning to think that, I thought Medicaid would be immune, look, do I want it to be immune? I don’t want anything to be immune. I kept hoping that DOGE would go after where the real money is, uh, Medicaid, that could hurt a bunch of companies. Medicaid, David, is bedrock.”
He also mentioned that businesses continued to face uncertainty when it came to the impact of tariffs. Recalling a recent conversation, Cramer outlined: “I was talking to someone today, he said look, we do business in China. How do you think we’ll do with the tariff, the 200% tariffs? I said no, that’s an embargo, that’s not a tariff. You don’t understand. . .that’s not meant to be used.”
The CNBC host also highlighted that perhaps markets opened in the green that day because “the President said nothing nasty. He’s not been vicious. He’s not called names.”
Cramer also commented on Vice President Vance’s visit to India and wondered whether the US could increase its coal exports to the country as part of the President’s bid to reduce the trade deficit. “I know India needs coal. We got coal,” said Cramer. “We are the Saudi Arabia of coal. And not anthracite cause that’s a little too dirty,” he added.
One sector that entered 2025 with high hopes but has faltered since then is data center. Data centers form the backbone of AI computing, and the stocks have struggled ever since the DeepSeek selloff in January. According to Cramer:
“Oh my god the data center, oh, remember when the data center was this growth industry where everything . . .woah, Amazon Web Services, actually not really. Microsoft, not really. But it doesn’t matter. The data center is now kryptonite, it’s like look out this thing, no, you don’t wanna be in here.”
When asked what would it take for investors to realize that data centers are still a growth industry, here’s what he said:
“You have to see the CapEx numbers and realize the CapEx numbers have not declined. And think that’s what’s gonna happen because I still think that there’s a tremendous, tremendous opportunity to be the number one search.”
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 22nd.
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. Capital One Financial Corporation (NYSE:COF)
Number of Hedge Fund Holders In Q4 2024: 89
Capital One Financial Corporation (NYSE:COF) is a major American bank that has been in the news lately due to its bid to acquire Discover Financial. The deal moved forward last week after the Federal Reserve and the OCC approved the deal. In his previous remarks about Capital One Financial Corporation (NYSE:COF), Cramer highlighted the deal’s potential and suggested that analysts have set a $427 price target in case the deal goes through. Here are his latest remarks:
“And no one’s paying any attention to the fact that regulators let the Capital One deal go. . . they have their own payment plan, this could be totally disruptive to the industry, my Charitable Trust owns it, and I thank heavens that that deal was approved because that just, at the last minute, that was a very controversial decision to make that deal work.”
10. Discover Financial Services (NYSE:DFS)
Number of Hedge Fund Holders In Q4 2024: 91
Discover Financial Services (NYSE:DFS) is an American digital banking company that is on its way to being acquired by Capital One. The resulting entity is believed to be one of the biggest banks in the US and a larger credit lender than banking behemoth JPMorgan. Cramer’s previous remarks about Discover Financial Services (NYSE:DFS)’s acquisition have shared optimism about its approval. Matters for the deal moved ahead last week after the Federal Reserve and the OCC gave the go-ahead. Here’s what Cramer said:
“And no one’s paying any attention to the fact that regulators let the Capital One deal go. . . they have their own payment plan, this could be totally disruptive to the industry, my Charitable Trust owns it, and I thank heavens that that deal was approved because that just, at the last minute, that was a very controversial decision to make that deal work.”
