In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer commented on the potential impact on Wall Street from President Trump’s potential actions against Denmark, Panama, and South Africa. Amongst other actions, the President has vowed to make Denmark’s Greenland territory a part of the US and threatened to cut funding to South Africa over allegations of land confiscations.
Cramer believes that the “street sells” in response to these actions. He stated “That’s what happens. I’m not in any hurry to buy anything. We just were at a high. We had some big turmoil in tech as it was. We got a lot of quarters this week.” However, while the absolute near-term outlook might be uncertain, all sectors aren’t bad. According to Cramer “The only stuff I would think about buying are the drugs, medical device. Because their business, for the most part, not made in China, not made in Mexico. So those are the ones.”
One outcome that was clear from the November election campaigns was that President Trump differs significantly from President Biden when it comes to policy. However, he might continue one aspect of the previous administration. Cramer shared that when it comes to drug prices “Remember, the IRA [Inflation Reduction Act], under Biden, they did lower the prices. I think that’s something that President Trump would continue to do.” He also believes that “It’s a bit of a canard, the drug companies charge a lot here.”
One interesting discussion during the show surrounded hedge fund billionaire Paul Tudor Jones‘ comments about the general economic climate being “precarious.” Cramer took issue with Jones’ word choice. He started by outlining “I want to point out that once again, we have billionaires on. And billionaires always say it’s incredibly precarious.” As a result, Cramer pointed out that “People at home therefore sell and they miss great opportunities to buy because they hear that it’s really precarious from someone who’s a billionaire so therefore it is.”
However, the CNBC TV host urged people to keep investing as “you can’t make money listening to a billionaire because they already have made money.” When asked whether his advice meant that he was encouraging stock buying at a time when markets were dipping he replied “No, look I’m not saying to buy. I’m just saying that’s a very tough word, precarious makes it sound like that we are in a systemic moment. I save that for 2007, 2008 when we were precarious.”
Comparing the President’s current administration to the previous one he commented:
“I think that the president gave us last time some tax cuts ahead so you kind of felt that there was some good things happening. Here he comes up with this first which makes it feel like that you justify what he said on Friday when he said he didn’t care about the markets. Ultimately, David, he does care about the markets. And I don’t think he wants them down badly.”
Cramer also speculated that if tariffs make Canadian oil more expensive then US producers could be incentivized to produce more. He doesn’t “Think they’re going to produce much more because that’s their whole . . .they’ve all tried to keep their production down because they want prices up. That’s what they do.”
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 February 3rd.
For these stocks, we also mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds invest in? 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 275% since May 2014, beating its benchmark by 150 percentage points. (see more details here).
11. The Cigna Group (NYSE:CI)
Number of Hedge Fund Holders In Q3 2024: 66
The Cigna Group (NYSE:CI) is a health insurance and pharmacy benefits manager. Its shares are down by 8.9% over the past twelve months mostly driven by souring sentiment in Congress surrounding healthcare managers. This group of firms has struggled as investors have wondered whether a breakup of large firms is in play, and due to President Trump vowing to take on the healthcare middleman. Cramer commented on The Cigna Group (NYSE:CI)’s shares gaining simply because it was an American firm amidst turmoil that sent other stocks falling:
“Cigna up six bucks. Okay, go ahead, go ahead buy it up six. I wouldn’t buy it up six if it was a great day. I mean, it’s not a great day.”
10. T-Mobile US, Inc. (NASDAQ:TMUS)
Number of Hedge Fund Holders In Q3 2024: 66
T-Mobile US, Inc. (NASDAQ:TMUS) is one of the better-performing telecommunications stocks. Its shares are up by 46.9% over the past twelve months and have gained a strong 8.4% year-to-date. The recent performance of T-Mobile US, Inc. (NASDAQ:TMUS)’s shares is driven by a strong fourth-quarter report which saw the firm maintain its trend of robust subscriber additions. In Q4, the firm added 903,000 postpaid subscribers which built upon the 865,000 additions in Q3. Here is what Cramer said about T-Mobile US, Inc. (NASDAQ:TMUS):
“People want to just, they want to buy instantly. They can’t even, T-Mobile. T-Mobile’s great but do you have to like go pay up three? I mean, you know come on, it’s a bad day. Live with it.”
9. Chipotle Mexican Grill, Inc. (NYSE:CMG)
Number of Hedge Fund Holders In Q3 2024: 69
Chipotle Mexican Grill, Inc. (NYSE:CMG) is a restaurant chain known for its Mexican cuisine. Cramer has discussed the stock several times in his shows over the past couple of months. Chipotle Mexican Grill, Inc. (NYSE:CMG)’s shares have gained 19.2% over the past twelve months as the firm has successfully executed its growth strategy. This strategy involves adding more restaurants to its portfolio, and the firm expects to open as many as 345 restaurants in 2025. During his show, Cramer commented on the impact of Mexican tariffs on Chipotle Mexican Grill, Inc. (NYSE:CMG)’s business:
“Take Chipotle. Chipotle’s only down a dollar. And I like Chipotle very very much, I think it’s a great company. But they have avocados. And they have tomatoes. Now most of our, the plurality of our tomatoes come from Mexico. Almost all of our avocado comes from Mexico and they’re trying to get it from every single province. So I could argue that, I would argue that that’s stock’s too high. Remember I really like it but it sells like 51 times earnings.”
8. Bristol-Myers Squibb Company (NYSE:BMY)
Number of Hedge Fund Holders In Q3 2024: 70
Bristol-Myers Squibb Company (NYSE:BMY) is a healthcare and pharmaceutical firm that is one of Cramer’s favorite stocks because of its schizophrenia medicine. The firm’s Cobenfy drug for schizophrenia is the first of its kind in decades. Bristol-Myers Squibb Company (NYSE:BMY)’s shares have gained 24% over the past year as they have benefited from other catalysts as well such as the FDA’s approval of its cancer drug Opdivo. Cramer’s comments, as expected, surrounded Bristol-Myers Squibb Company (NYSE:BMY)’s Cobenfy drug:
“I mean, look, my charitable trust owns Bristol-Myers, I think Bristol-Myers is [inaudible]. They’ve got a new drug, uh Cobenfy. Yeah Cobenfy which is about schizophrenia, first new drug in thirty years.”
7. Union Pacific Corporation (NYSE:UNP)
Number of Hedge Fund Holders In Q3 2024: 78
Union Pacific Corporation (NYSE:UNP) is a sizable railroad operator whose shares are flat over the past year. The firm has struggled because of a sluggish industrial economy which has reduced the demand for its services. Union Pacific Corporation (NYSE:UNP)’s shares did rise by 5% in January after the firm’s fourth-quarter results led to a $2.96 profit per share which beat analyst estimates of $2.78. In his previous appearances, Cramer has speculated that Union Pacific Corporation (NYSE:UNP) can benefit from a resurgence in the coal market under President Trump. Here are his latest remarks:
“You know Carl not a lot of downgrades today. And I think that there should have been. I think that Loop Capital downgrading a lot of the transports, particularly the railroads, Norfolk Southern, Union Pacific, that made a ton of sense. TSX. Union Pacific brings a huge amount back and forth and back and forth. . . . So I don’t think those are what you buy. And I just think that we are not being thoughtful. A lot of stocks are being downgraded today. Now I’m as negative as say David Kostin from Goldman who’s talking about a five percent decline. But I do think that there should have been more downgrades and because transport, commerce’s going to slow. And the rails in particular because that’s how we get a lot of stuff. Union Pacific’s huge down there. KSU’s huge. Those made sense.”
6. PDD Holdings Inc. (NASDAQ:PDD)
Number of Hedge Fund Holders In Q3 2024: 78
PDD Holdings Inc. (NASDAQ:PDD) is a new entrant in the Chinese eCommerce industry that rose to prominence locally due to high inflation reducing consumer purchasing power. The firm’s business model enables users to buy in groups to grow their bargaining power and secure better prices. PDD Holdings Inc. (NASDAQ:PDD)’s platforms are also making inroads into the West through their low-cost products which the firm is able to offer due to its relationships with Chinese merchants. However, quality control and delivery times have been problematic. Here is what Cramer said:
“Yeah, Temu and Shein are losers here. . . . when you order from Temu, which I have ordered from, and Shein which I have ordered from, you don’t know when [sic]you come. I mean I ordered some Temu for my wife, it came well after her birthday, I had to slip it into Valentine’s Day.”
5. Tesla, Inc. (NASDAQ:TSLA)
Number of Hedge Fund Holders In Q3 2024: 99
Tesla, Inc. (NASDAQ:TSLA) is the world’s largest pure-play electric vehicle manufacturer. While Cramer discusses the firm’s CEO Elon Musk quite a lot on his show, his comments about the firm are rather limited. About Musk, he believes that the Tesla, Inc. (NASDAQ:TSLA) CEO is one of the smartest people in the world. Cramer is also a believer in Musk’s claims of making humanoids the key driver of the firm’s narrative in the future. The host is encouraged by NVIDIA’s Blackwell chips which come with key features to enable humanoid robots. Here are Cramer’s latest remarks for Tesla, Inc. (NASDAQ:TSLA):
“[On TSLA being down 5%] That’s wrong. Yeah because that’s a domestic. . . .
“I would buy Tesla before I would buy any of those others . . . GM, Ford, they don’t even know they make [inaudible]”
4. Apple Inc (NASDAQ:AAPL)
Number of Hedge Fund Holders In Q3 2024: 158
Apple Inc (NASDAQ:AAPL) is the world’s most valuable company – a title that it recently retook from NVIDIA after the DeepSeek selloff last week. The firm’s latest quarterly results saw it beat analyst revenue and EPS estimates with the results powered by the solid performance of its personal computer and services business. Cramer is a long-time believer in Apple Inc (NASDAQ:AAPL)’s shares, and defended the firm multiple times in January after social media CEO Mark Zuckerberg claimed that innovation had finished at the firm since its co-founder Steve Jobs’ passing. Here are his latest remarks:
“One of the reasons why I worry about the term precarious again is that why don’t people own Apple here? Well they’ve been told so many times that times are precarious that they’ve sold it! They’ve sold Amazon cause it’s precarious. They’ve sold Microsoft! And I’m saying that in 2007 it was precarious. These other times we worked it through. That’s all I’m saying.”
3. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders In Q3 2024: 193
NVIDIA Corporation (NASDAQ:NVDA) is the world’s leading AI GPU company whose shares were dealt an unbelievable blow earlier this month. The stock bled 17% of its value during the DeepSeek selloff and is down by 14% year-to-date as investors re-calibrate their estimates about the amount of spending required to set up AI models. NVIDIA Corporation (NASDAQ:NVDA) is a regular feature of Cramer’s shows. Throughout this year, he has insisted that the firm is ushering in an industrial revolution and criticized sanctions levied against its products by the US government. Here are his latest remarks about NVIDIA Corporation (NASDAQ:NVDA):
“[On Trevor Noah and NVIDIA] That sent chills through me because that meant that there isn’t an area that doesn’t own NVIDIA. And that kinda has to end before you can buy it.
“NVIDIA did everything they were told to do. And they have evidence that Singapore did not. . . they have actual evidence of where Singapore put their chips. But I think that this company has now been footballed so to speak. When I meet people, they own it. Now I’m not trying to, I don’t want people to lose money. But I think there is a cohort of people that doesn’t know what NVIDIA does. That’s worried about DeepSeek. I’m not as worried. I do think that the CUDA platform they have is going to come out fine. And that the more GPTs there are, they are a winner. But they are in quiet period. And during quiet period people get very nervous and they sell. Imagine a lot of work on NVIDIA this weekend, then you watch the Grammy’s, you say well look, jeez all my work was nullified by a guy who some people regard as a comedian who mentioned it. I don’t want the broad notion, NVIDIA is a froth stock in a sense that everybody owns it that I talk to. But it’s a great company. And I think ultimately it will be a winner but it has to be a loser first before it’s a winner.
“[on a 24% drawdown] That may not be enough, no, it may not be enough because you really have to shake out people. I mean that’s what happens. When you have a really great company that everybody is in and you don’t have a lot of people know what it is, that is a recipe for even further selloff. And then, buy. Because it’s going to win because nobody’s close to them. Nobody.
“But remember, they’re moving past the 200 and the new one Blackwell. . .there’s going to be a lot of different companies that have a better than DeepSeek. I think that Google’s better than DeepSeek.”
2. Meta Platforms, Inc (NASDAQ:META)
Number of Hedge Fund Holders In Q3 2024: 235
Meta Platforms Inc (NASDAQ:META) is the most valuable social media company in the world. The firm has been in the news for several reasons in 2025. It made headlines after announcing a decision to scrap fact-checking on Facebook and replace it with a community notes platform similar to X. Meta Platforms, Inc (NASDAQ:META) CEO’s appearance on Joe Rogan’s podcast also drew Cramer’s attention, and so did Zuckerberg announcing $60 billion to $65 billion in capital expenditures in 2024 to build a data center the size of Manhattan. Overall, Meta Platforms, Inc (NASDAQ:META)’s performance depends on its ability to monetize AI and retain advertiser spending on its platforms. Cramer is a fan of the stock:
“Meta was down sixteen points this morning. Someone was selling it. Now normally I would have called that guy a chowderhead. I’m just saying was ill informed. That was just really an incredibly poor sale because it didn’t make any sense at all. They didn’t have exposure. And yet the person sold it down sixteen. I don’t understand that. Why sell it down sixteen? What was he thinking? Or she thinking?
“I don’t want to buy anything up, today, but I think that down sixteen was someone who just panicked. And you never make any money panicking. And that person is saying, wow, I hope no one knows that I did this because I feel really stupid. . .that person was very ill informed and I don’t get that.”
1. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders In Q3 2024: 286
Amazon.com, Inc. (NASDAQ:AMZN) is the largest eCommerce retailer in the US. Its presence in the lucrative cloud computing industry via the AWS platform has also allowed the firm to develop a dual moat with high volume and high margin businesses. After the DeepSeek selloff, Cramer shared that some quarters believed that Amazon.com, Inc. (NASDAQ:AMZN) could benefit as AI training costs dropped. To wit, the stock did gain 1% during the selloff while others bled billions of dollars in market value. Here are Cramer’s latest remarks for Amazon.com, Inc. (NASDAQ:AMZN):
“And Amazon’s a winner because Jassy has said, the CEO, has said over and over again that he doesn’t make any money off of those two other than being able to sell them where you actually get a [inaudible]. And that’s what his advantage is that when you order from Temu, which I have ordered from, and Shein which I have ordered from, you don’t know when you come. I mean I ordered some Temu for my wife, it came well after her birthday, I had to slip it into Valentine’s Day.”
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 timeframe. 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.
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