In this article, we will take a look at the 10 Cheap Jim Cramer Stocks to Invest In Right Now.
Macroeconomic pressures continue to affect market sentiment. In a CNBC article published on June 10, 2026, a report from the Bureau of Labor Statistics was mentioned, which indicated that the consumer price index rose 4.2% annually in May, marking its highest level in three years. The spike was heavily induced by an ongoing conflict with Iran that drove a 3.9% monthly increase in energy prices. Navy Federal Credit Union Chief Economist Heather Long commented on the data, noting that Americans are feeling a financial squeeze with necessities like gasoline, electricity, and food taking heavy hits.
Such volatile economic backdrops often lead market participants to look toward seasoned market commentators who can effectively point towards equities capable of strengthening a portfolio. Having frequently highlighted overlooked equities with compelling value propositions amid tighter economic conditions, CNBC’s Mad Money host Jim Cramer remains a central figure in this environment. Cramer has repeatedly supported purchasing cheaper stocks with good potential rather than those that are high-priced:
The stocks that are attracting buyers are so much cheaper than the average equity that they could rally for days without running into any kind of ceiling.
In this economic environment, where affordability is also a priority, we have identified 10 cheap Jim Cramer stocks to invest in right now to maintain equity exposure in high-multiple growth sectors.
Our Methodology
To compile our list of 10 cheap Jim Cramer stocks to invest in right now, we compiled a list of stocks that have gained positive views from Cramer in the last month. We filtered the list using the forward P/E ratio (Price-to-Earnings), considering only stocks with ratios below 15. A low Forward P/E typically suggests a stock is undervalued. For ranking the stocks, we have used the hedge fund interests, gathered from the Insider Monkey database. We limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. All the pricing data are current as of market close on June 19, 2026.
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. Insider Monkey’s quarterly newsletter strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).
10. Banco Santander, S.A. (NYSE:SAN)
Forward P/E: 11.16
Number of Hedge Fund Holders: 25
Banco Santander, S.A. (NYSE:SAN) is one of the 10 cheap Jim Cramer stocks to invest in right now.
On June 9, 2026, Getnet, Banco Santander, S.A.’s (NYSE:SAN) global merchant payments platform, launched a secure infrastructure enabling businesses to automate the acceptance and processing of payments initiated by AI agents. The solution is built on open and interoperable standards. It features identification and authentication mechanisms to remove complex integrations. In Mexico and Latin America, Getnet partnered with Mastercard and Mexican fintech Neivor to successfully process a real-world transaction via Mastercard Agent Pay. The company also has plans to expand compatibility to Visa Intelligent Commerce. Juan Franco, CEO of Getnet, stated:
Our goal is to provide the infrastructure that enables merchants, platforms and AI agents to operate securely, interoperably and at scale, making it easier to adopt new AI-powered shopping experiences.
In a separate event, on June 3, 2026, Banco Santander, S.A. (NYSE:SAN) and the Abu Dhabi-based tech group G42 signed a Memorandum of Understanding to co-develop artificial intelligence initiatives. The framework utilizes G42’s AI infrastructure and Banco Santander, S.A.’s (NYSE:SAN) expertise in regulatory frameworks to build banking intelligence layers along with AI-enabled customer advisory solutions.
Along with a reference to its acquisition of Webster Financial Corporation, Banco Santander, S.A. (NYSE:SAN) has also received Jim Cramer’s support on its Buy rating in the Mad Money Lightning Round:
Not only do I like the acquisition, but I thought it was so good that I actually wrote the chairman Ana Botín, saying that is some franchise because I owned it when I was a hedge fund manager 20 years ago. Buy Banco Santander.
Banco Santander, S.A. (NYSE:SAN), founded in 1857, is a premier global banking giant. Headquartered in Spain, the company is one of the world’s largest financial institutions, maintaining a dominant retail and commercial banking presence across Europe and the Americas.
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