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 recent controversy surrounding the Labor Department, where fresh jobs data made President Trump fire the head of the Bureau of Labor Statistics. Cramer believes that the data gathering needs to be outsourced:

“Yeah I mean I always read these and I think, okay, I’ve learned to question everything since the Labor Department. We got everything. It’s jumped ball on everything. And I just think that if you shop at the wrong place, you’re gonna pay more. I mean, for instance, furniture up, Wayfair, go to Wayfair, go to Ikea. . .I mean you can do things to minimize this and I think that this is why I keep saying, it has to be outsourced. Because I don’t think these people seem to know that if you go to the wrong places, it’s expensive, if you go to the right places, it’s not. But it doesn’t seem to matter. And I think it’s therefore somewhat of an irrelevant number. We all trade off of it. But it doesn’t really matter. David, I think we all are starting to come around to the idea that all these numbers need to be, rethought.”

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 August 11th.

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 Q1 2025: 212

The latest controversy surrounding NVIDIA Corporation (NASDAQ:NVDA) involves reports claiming that the Chinese government is asking local companies not to rely on the firm’s chips. These concerns stem from worries about potential backdoors and about becoming too reliant on American hardware. Cramer discussed the reports in detail:

“[On reports of Chinese authorities looking to stop companies from buying the H20 AI GPUs] They can go open, they can have Jensen Huang go over there and have him rip open one of those things. There’s nothing. I mean, look you either trust Jensen or you don’t. I trust Jensen just because he has to give the government 15%. I mean he has said, listen we don’t have tracking. So, therefore, I am a believer in him. I don’t want to actually believe, believe it or not, the PRC. I actually don’t know if the PRC is all that reliable. Not like the BLS, I mean it’s different. BLS doesn’t have a chance, they’re very strapped, they’re tired, they’re poor, they’re huddled masses. . .but this, you know why this is not right? Because they don’t have anything that’s as good as the H20. If you wanna go do something that’s like on one of these versions of Intel, that got Pat Gelsinger fired. . . .

“Yes you can [run inferences on it] and what I’m telling you is that the government was very hot to get these. So now the government’s not because they’re tracking, there is no tracking. There’s no tracking. We can believe their nonsense but there’s no tracking. I’ve heard all day, well because of the tracking. Okay so Jensen Huang is. therefore what? He’s clueless?

“[On The Information’s report saying Chinese big tech has been told by the government to not buy NVIDIA chips] I rely on The Information, you’re [David Faber] a legendary Wall Street funny man.They got you out of NVIDIA, as much as I got you into NVIDIA, they got you out of NVIDIA. Who has the cards? . . .I’m trying to get people to say, maybe before I sell NVIDIA because of all these different stories, maybe the stories maybe propaganda? I think we have every right to question, in a period where The Information has attacked NVIDIA twice. They’ll say we didn’t attack, we reported. Perhaps our reporting was not as strong. That’s okay. You can say whatever you want in this business and that’s exactly the problem.”

9. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders In Q1 2025: 159

Apple Inc. (NASDAQ:AAPL)’s shares have entered a period of strong performance after the firm smoothed over its frictions with the Trump administration. It announced an additional $100 billion investment in American manufacturing, and the shares have gained 14.8% since CEO Tim Cook was well-received by President Trump in the White House. More recently, Apple Inc. (NASDAQ:AAPL)s App Store came under fire from Elon Musk after he accused the company of favoritism when it came to OpenAI. Musk believes that his Grok AI is being disadvantaged in the App Store and has sued Apple Inc. (NASDAQ:AAPL). Here is Cramer’s take on the affair:

“It wasn’t clear, although, I would tell you that I don’t believe, I think that, it’s pay to play, to be at the top. I tried to load DoorDash today and Grubhub came up. Pay to play, above DoorDash, that’s the way it works. This is, did anyone say that this is, that there is like a Truth In Lending here or anything? You can do whatever you want.”

Previously, the CNBC TV host discussed Apple Inc. (NASDAQ:AAPL)’s share price performance and the potential drivers:

“I kept hearing that Cook and the president didn’t get along because he wouldn’t commit to making the iPhone in the United States. The drum beat grew so loud that I even asked Tim in my private chat… is it possible for you to work with the president?… He came back and he said that he has good relations with the president…. Tim Cook, if he says the relationship is good, then it’s good, and that gave me the guts to tell you to stick with it. Now, with the stock at $220, nicely above where it was when the company reported, I need you to think about what has happened in the last 24 hours…

Could Apple go from being the most expensive to being the cheapest, the best one for the phone companies to offer, so they can get new accounts? Isn’t that what the stock’s monstrous move from 203 to 220 in just two days is telling us?…

Apple, don’t fool around with it. Don’t trade it. I say it because this is a company that always seems to get it right in the end… Of course, there’s a reason with Apple. It’s a confident company with the best products on Earth, that’s run by one of the greatest value creators on Earth, rivaled only by Jensen Huang at NVIDIA.”