In this piece, we will look at the stocks that Jim Cramer recently discussed.
In his latest appearance on CNBC’s Squawk on the Street, Jim Cramer discussed the weak market open and whether the bearish investor sentiment was related to the court ruling that President Trump’s tariffs were illegal. While the Trump administration has been allowed by the court to continue the tariffs until October 14th, Cramer believes that a broader insecurity in the public is also driving some stock market movement:
“Well I think the court decision makes people feel that anything it’s up in the year, maybe there are different countries that have horse trade, we want to get past the tariffs. We were hoping we can be past tariffs and just focus on the beautiful bill. We can, as long as we can and as long as there is something like, the President revokes Taiwan Semi, well Taiwan Semi is the building block for NVIDIA, the, insecurity that people have, when you speak to, I happened to have gone to a wedding for Ben Stoto, he’s my research director. Well the insecurity people have is just insane. I mean everyone wants to get out. It’s too expensive, who knows what’s going to happen. I want people to stay the course but you have to recognize that you’re going to take a hit here, you’re just going to.”
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 September 2nd.
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. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders In Q2 2025: 235
NVIDIA Corporation (NASDAQ:NVDA)’s shares haven’t performed well since the firm reported its second quarter earnings last week. The stock is down by close to 6% since the earnings, as investors take a pause from their AI euphoria. However, Cramer has continued to defend the firm, and in these remarks, he dismissed reports claiming that the firm could face AI chip competition from Chinese companies:
“We know that NVIDIA’s weaker. We know that NVIDIA’s the bellwether, it’s now down a lot from where it came, from where it reported. I’m just saying don’t panic, don’t panic. This too shall pass but you’re going have to lose some money.
“And I think that NVIDIA is now dragging the, the long knives again. I mean how many times do I have to read that there’s some Chinese outfit that is catching up to NVIDIA. Go. Read. The. Transcript. It’s really hard to catch up with NVIDIA. They do a lot of things right. Others don’t.”
Cramer discussed NVIDIA Corporation (NASDAQ:NVDA) in detail after the firm’s earnings, and part of his remarks shared faith in the firm’s management:
“And as I said on Twitter, go ahead, sell it and go buy some T-Bills. Please, please buy T-Bills. I want you out of this darn stock.
“But I’m just trying to say, you’re either skeptical, that Collette Kress, one of the great CFOs, is not necessarily being as, you know is painting a very rosy picture of sales. Or you can say, as I do, as someone who, needless to say, liked the stock early, maintaining my faith in the company and I’m saying, own it, don’t trade it.”
9. Constellation Brands, Inc. (NYSE:STZ)
Number of Hedge Fund Holders In Q2 2025: 42
With the year’s third quarter heading to a close, Constellation Brands, Inc. (NYSE:STZ) has once again started to feature on Cramer’s morning show. As was the case early in the year, Cramer continues to believe that the firm is struggling in a weak beer market. Constellation Brands, Inc. (NYSE:STZ)’s shares have lost 32% year-to-date on these concerns. The latest dip came in August after the stock sank by 6.6% as the firm cut its fiscal year 2025 earnings per share guidance to $11.30 to $11.60, from an earlier $12.60 to $12.90, and added that beer sales could drop by as much as 4%. Cramer cited Constellation Brands, Inc. (NYSE:STZ) as an example of never thinking that things couldn’t get worse:
“Now I’m going to give you an example of Constellation Brands, STZ. There are a lot of people who thought, how much more negative could they be? Beers bad! Wine and spirits are bad. Hispanic numbers are bad. And then it comes out, and it’s horrendous! So I mean just when you think things couldn’t get worse!”
Here are the CNBC TV host’s previous comments about Constellation Brands, Inc. (NYSE:STZ):
“Okay, look, here’s a stock that’s been horrendous, I don’t know if we have a chart. . .oh, look at that. It’s been terrible, right here and I’m not saying they’re wrong. Bank of America goes to a Sell because they think numbers are gonna come down again. So we got to go over this.
“[After Faber sarcastically pointed out that BofA had downgraded to sell after 26% in year-to-date losses] Oh give them a break. Given them a break.
“Oh, talk about the substance. Good call. Alright here’s the problem, David. The metrics are going to go down, and these guys, these guys, they have a lot of leverage, but what’s most important is GLP-1s have cut beer. The Gen Z, whoever the [omitted] they are, in terms of their head, they’re healthy. I don’t know what that’s all about, they’re like healthy. That’s who has the stupid mocktails. I shouldn’t say stupid, sometimes they’re tasty.
“It’s the Hispanics, which have, are afraid because they’re afraid to be rounded up if they go to a liquor store. And that matters. Because they’re being deported and now at high levels. So, I mean I just think that you don’t wanna be there. You don’t wanna be there.”
8. Signet Jewelers Limited (NYSE:SIG)
Number of Hedge Fund Holders In Q2 2025: 36
Signet Jewelers Limited (NYSE:SIG) is a diamond jewellery company whose shares have gained 15.9% year-to-date. The stock has come a long way in 2025 from 2024, after it closed the year by losing 17%. The shares have benefited from tailwinds such as a guidance raise and low exposure to tariffs this year. Signet Jewelers Limited (NYSE:SIG) raised its earnings-per-share and sales guidance in June, which sent the stock 12% higher. Cramer commented that recent turbulence in the shares might be due to broader market weakness:
“Now I do have Signet tonight and Signet reported a good number. Let’s see how long that lasts.
“Tonight is Signet. This is the jewellery company, it’s having good numbers, being brought down I think overall by the market. Because they are having pretty good same store sales, they represent some value.”
The CNBC TV host previously discussed Signet Jewelers Limited (NYSE:SIG) in January. Here is what he said:
“Yeah, look, I don’t know, they lost [laughs] Gina Drosos. I think she was a remarkable CEO. And I think this is a very CEO-led company. This is not a given when it comes to jewelry.”
7. PepsiCo, Inc. (NASDAQ:PEP)
Number of Hedge Fund Holders In Q2 2025: 68
Tuesday was a cracker of a day for PepsiCo, Inc. (NASDAQ:PEP)’s shares as they jumped by 5% after activist investor Elliott Management announced a $4 billion stake in the firm. PepsiCo, Inc. (NASDAQ:PEP) has struggled lately due to what Cramer has described low demand stemming from the rise of GLP-1 drugs. The CNBC TV host was of mixed mind about the firm as he discussed it after the Elliott announcement:
“The good hand is the PepsiCo hand that Elliott’s going after. And that I think we have to spend a lot of time on. Because I think that Elliot wants to bring out value there. I don’t think you remove Ramon, I think you see what Ramon wants to do. Ramon Laguarta, who is trying mightily in an atmosphere where the Gen Zrs don’t want to gain weight and GLP makes it so you can eat just one.
“I spent a lot of time analyzing the Honeywell deal, where Vimal Kapur worked closely with Elliott and we’ve got three great companies coming up. So I say, hold on to PepsiCo, you ain’t seen nothing yet.
The guys from PepsiCo have a great hand. They could really augment that hand if I think they work with Elliott. Some people want to work with Elliott, some people don’t. I think it is worthwhile, because the actual deck is filled with stuff that says, it’s a bit of an indictment, because there’s a lot of things at they at PepsiCo in the last few years the price-to-earnings multiple has shrunk dramatically because the growth, I mean, if I had to outline what PepsiCo’s strategy is, it would be, raise price, make smaller pack.
“Now PepsiCo, by the way, they deserve to be heard. It was a, a great grower. But they bought Siete, they buy Poppi, they bought Sodastream, where is that? Look at the impairment in Rockstar. They have not used their brands, in the correct way as far as I’m concerned.”
6. Celsius Holdings, Inc. (NASDAQ:CELH)
Number of Hedge Fund Holders In Q2 2025: 52
Celsius Holdings, Inc. (NASDAQ:CELH) is an American energy drinks company. Its shares have gained a whopping 125% year-to-date, primarily on the back of a massive 43% gain since August. Celsius Holdings, Inc. (NASDAQ:CELH)’s shares have risen as the firm has managed to withstand the beating other food stocks have taken. Its fiscal second-quarter earnings saw the company smash analyst EPS estimates of $0.24 out of the park by posting $0.47. Celsius Holdings, Inc. (NASDAQ:CELH)’s $739 million in revenue also beat analyst estimates of 653 million, and Cramer also commented on the firm appointing a new President and COO earlier this year:
“But he got, I think he John Fieldly, whom I enjoy, I think he got the better of the deal. He got rockstar, what is that the gateway of rockstar. . .no, but look, obviously people are excited about new blood in there.”
Here are the CNBC TV host’s previous comments about Celsius Holdings, Inc. (NASDAQ:CELH):
“Celsius is expensive, trades at 57 times this year’s earnings, but historically, believe it or not, that’s a lot cheaper than it used to be. Over the past three years, the average forward price-to-earnings multiple for this stock has been closer to 89 times earnings.
Let me give you the bottom line here: While Celsius may be a momentum name, the comparisons are about to get much easier. The standard trends have already improved, and I think Alani Nu acquisition, it could be a huge positive. So I wouldn’t be surprised if the stock could keep running. Although if you don’t own it yet, you might want to wait for a pullback before you pull the trigger.”
5. Honeywell International Inc. (NASDAQ:HON)
Number of Hedge Fund Holders In Q2 2025: 67
Honeywell International Inc. (NASDAQ:HON) is an industrial conglomerate that is due to be split up into three companies. Its shares have lost 3.5% year-to-date, primarily on the back of a major 6% dip in July. However, if you’re wondering about the reasons behind Honeywell International Inc. (NASDAQ:HON)’s shares losing value, your guess is as good as ours. Cramer, too, was flummoxed after the earnings release, which led to the drop as the firm’s $2.7 EPS and $10.4 billion in revenue beat analyst estimates of $2.66 and $10.1 billion. Here are his latest thoughts about Honeywell International Inc. (NASDAQ:HON):
“I spent a lot of time analyzing the Honeywell deal, where Vimal Kapur worked closely with Elliott and we’ve got three great companies coming up.”
As to Cramer’s reaction to the earnings, here’s what he said after the release:
“Alright, help me here. What in the world just happened to the stock of Honeywell, the iconic industrial that’s in the process of breaking itself up? This morning, the company reported what sure looked to me like a good quarter, top and bottom line beat, management raising the full year sales and earnings forecast. That’s what I always like to see.
The stock was climbing in pre-market trading, yet it ultimately got hit and finished the session down 6%. And look, the quarter wasn’t perfect. There was some margin pressure, especially in the aerospace business, but much of the raised guidance comes down to a weak dollar, maybe some acquisitions. Still, I think it’s crazy that the stock pulled back this hard when we are getting so close to a three-way breakup that could really unlock a lot of value for you.”
4. The Kraft Heinz Company (NASDAQ:KHC)
Number of Hedge Fund Holders In Q2 2025: 45
The Kraft Heinz Company (NASDAQ:KHC) is an American food products company whose shares have lost 15% year-to-date. The stock sank by 7% on Tuesday after the firm admitted that its merger in 2015 had failed and announced that it would split into two companies. The Kraft Heinz Company (NASDAQ:KHC)’s shares weren’t helped by the fact that Warren Buffett, whose Berkshire Hathaway had helped engineer the deal, said he was “disappointed” with the deal. Cramer discussed The Kraft Heinz Company (NASDAQ:KHC) in detail:
“On plans to split into two companies to revive growth and how the stock is down] I think that they were, there was a time when you could buy these companies. And cut them to the bone and be able to produce great numbers. There was another time where you could reinvigorate Oscar Mayer didn’t seem to have anything going, now Heinz they actually did [inaudible] with, but in the end they caught up with the curse of consumer packaged goods and where they were in the grocery store. If you go, if you stroll the grocery store which you have to do, you see the Craft, and you see the Jello, and the Oscar Mayers, and they’re all in the middle, with the exception of Lunchables which is the end cap. I don’t see anything here.
“I don’t know, I feel badly about, these guys are really good, okay. I think their hand is bad.”
3. The J. M. Smucker Company (NYSE:SJM)
Number of Hedge Fund Holders In Q2 2025: 36
The J. M. Smucker Company (NYSE:SJM) has been a regular feature of Cramer’s morning show lately. The firm’s shares dipped by 4% in August following its first-quarter earnings. The results were part of a disappointing set of results from food companies. In his previous comments, Cramer has attributed the poor performance of the sector to weight loss drugs and lower overall consumer spending. This time, he discussed The J. M. Smucker Company (NYSE:SJM) in the context of the “curse” surrounding consumer packaged goods:
“. . .but in the end they caught up with the curse of consumer packaged goods and where they were in the grocery store. If you go, if you stroll the grocery store which you have to do, you see the Craft, and you see the Jello, and the Oscar Mayers, and they’re all in the middle, with the exception of Lunchables which is the end cap. I don’t see anything here. Look, we saw the same thing with the food part of Smucker, which is, just it’s, Hormel, middle of the store. People don’t go to the middle of the store anymore. Cause it’s canned.
“I don’t know, I feel badly about, these guys are really good, okay. I think their hand is bad.”
Previously, he discussed The J. M. Smucker Company (NYSE:SJM)’s poor performance and linked it to pricing pressure:
“It’s pricing pressure. I mean when I looked at that number yesterday from Smucker, and I liked what they’re doing to pet food. I like Cafe Bustello, but David, in the end, Twinkies, no pricing power. Uh uh. Not in the year of GLP-1. Right.”
2. Conagra Brands, Inc. (NYSE:CAG)
Number of Hedge Fund Holders In Q2 2025: 38
Conagra Brands, Inc. (NYSE:CAG) is another embattled consumer packaged goods company. Its shares have lost 32% year-to-date as the firm struggles with disappointing earnings. Conagra Brands, Inc. (NYSE:CAG)’s stock has touched decade lows this year, with a notable dip coming in July after the firm’s fiscal fourth quarter earnings missed analyst revenue and earnings estimates. Cramer’s previous comment about the firm pointed out that inflation, margins, and tin cans are driving its woes. This time he discussed Conagra Brands, Inc. (NYSE:CAG) in the context of low demand from young people:
“If you go, if you stroll the grocery store which you have to do, you see the Craft, and you see the Jello, and the Oscar Mayers, and they’re all in the middle, with the exception of Lunchables which is the end cap. I don’t see anything here. . . .People don’t go to the middle of the store anymore. Cause it’s canned. Even Conagra they thought that refrigerated that the younger people would want that. They don’t want it either. They want the clean and pure.
“I don’t know, I feel badly about, these guys are really good, okay. I think their hand is bad.”
Previously, Cramer discussed Conagra Brands, Inc. (NYSE:CAG)’s business in detail. Here is what he said:
“Very tough, very tough situation. Conagra’s got 7% inflation. They got problem with tin cans. They can’t, it’s killing them… The margins aren’t that good. The brands aren’t enabling them to be able to take any price. I have to tell you, the one thing that was important was that, on the conference call, they did say that they think they have no problem paying the dividend. A company that has to answer about whether it has a problem paying the dividend or not is a company that I say [don’t buy, don’t buy, don’t buy].”
1. Chipotle Mexican Grill, Inc. (NYSE:CMG)
Number of Hedge Fund Holders In Q2 2025: 68
Restaurant Chipotle Mexican Grill, Inc. (NYSE:CMG)’s shares have struggled in 2025 as the firm fights high prices which have eaten into its same-store sales. The stock has lost 30% year-to-date, with most of its woes originating from a selloff that started in late July. Chipotle Mexican Grill, Inc. (NYSE:CMG)’s shares crashed by 13% in July as the firm shocked investors by guiding flat 2025 same store sales growth. Cramer has mentioned that high prices are a reason the firm is struggling with its sales. However, this time he praised Chipotle Mexican Grill, Inc. (NYSE:CMG) for at least increasing its portions with the high prices:
“Like I had Scott Boatwright on last week, Chipotle. You know they had to raise price, but they made it larger. Now it still hurts, because it’s 28 dollars for a chicken burrito when you put in DoorDash, so that’s on the expensive side. But PepsiCo at least, which Chipotle you got more, they made the size bigger because they were criticized.”
Here is what Cramer recently said about Chipotle Mexican Grill, Inc. (NYSE:CMG) and high prices:
“We’ve been talking about which outfits are doing well, we talked about the Ollie’s, and we talked about Dollar General, Chipotle’s not doing well. Chipotle, a lot of people perceive is, just too expensive. And they are offering kind of a group [inaudible] that comes out to be eight dollars a person, but this is, they talk about cyclicality, and they talk about how tough the economy is for their customers, and I think what that really means is that people want the bargain, they want to go Burlington, they want to go to Olive Garden, and they’re not, Chipotle doesn’t have the sales, they have negative sales.
“But anyway, I just think that, we are stuck with two economies. And its economy says, listen, I’m not gonna pay 18 dollars plus ten dollars DoorDash, 28 dollars, for a burrito bowl. But you know what, I’ll take the five dollar McDonald’s value.”
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