In this piece, we will look at the stocks Jim Cramer discussed today.
In his latest appearance on CNBC’s Squawk on the Street, Jim Cramer discussed a Wall Street Journal report commenting that OpenAI might find it difficult to raise capital for deals such as those with Broadcom and Oracle. The report underscores a key debate in the AI industry, which continues to generate media coverage due to hefty spending plans of big tech firms and mega AI players like Sam Altman’s company:
“It sure is. I mean there is a presumption that you have an unlimited amount of cash to do anything. I would then, by the way what they say behind the scenes is unlimited amount of cash could go pay Jensen Huang and NVIDIA, because that’s the big piece of it. I think that we’ve seen some studies in trade journals this week, told you about the leap that the new NVIDIA chips could give and how much money you make if you get them. Carl, I am not concerned. This is not 2000. Corning, which was deep in the 2000 revolution for fiber, this is the real deal. Carl I’m not concerned about them needing the money.”
The conversation also saw Cramer comment on a note from JPMorgan’s trading desk, which saw co-host Carl Quintanilla ask Cramer his thoughts about a 3% to 5% correction. The note indicated that the bank was “tactically bullish” on stocks but with a “lower conviction”:
“Well it is September and I think that there’s a lot of people, a lot of people on the sidelines. You said something the other day Carl that is so true. That people on the sidelines they’re going to start feeling the heat of their investors. And I think they’ve all been waiting for a big break in September. I think you could have a one or two percent correction. I don’t know whether there could be much more unless the President comes out on Truth Social and says that the Dow’s overvalued. Now I don’t think that he’s going to do that.”
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 12th.
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. Corning Incorporated (NYSE:GLW)
Number of Hedge Fund Holders In Q2 2025: 70
Corning Incorporated (NYSE:GLW) was the star of Cramer’s morning show as the CNBC TV host visited the firm’s plant in Harrodsburg, Kentucky. The visit followed Cramer’s remarks yesterday, when he called the firm an example of “American ingenuity.” In this appearance, Cramer discussed a little-talked-about factor for Corning Incorporated (NYSE:GLW) and continued to praise the firm:
“So Carl, what we’re talking about here obviously, there’s great wonderment about this and it has to with the glass from Corning, it has to do with this, this is the side that really matters, it has to do with filming, it has to do with selfies. But, it’s six o’ clock, we’re going to get into what it has to do in terms of the world, in terms of the White House, in terms of the jobs, in terms of tariffs, in terms of, yes, earnings per share, cause you know me, I’m still a dollar sign represented by a man even though I want this phone. And I’ve already placed my order. It’s very, very exciting down here, we’re going to talk to Wendell Weeks, too, CEO of Corning, talk about a hot stock. That one is one that I think could be a rocket ship.
“We’re talking about things that aren’t supposed to be happening. We’re talking about an old plan, Americans, who’re supposed to be not to be able to anything nearly as good as the people in Asia. I’m not being jingoistic here. I am being proud. This is an amazing place, and these two marvelous companies together have created something that I think is very different Carl. From the previous generation phone. I would just drop it because I know it would be fine, but that would be, that’s just theater. I don’t go for theater. This is the real thing, and it’s made right here, this glass.
“But I also want to talk about, to Wendell Weeks, the fact that his stock [inaudible] 52-week high, and the reason is, is because of his partnership with NVIDIA. And what it does to the data center, it is huge in the data center and what it does in the data center. It is huge in the data center and yet nobody talks about it. Drives me crazy.”
“No it’s amazing, I mean look, we’re talking about putting far more people to work, in this storied town, this place always, people forget, this was from the Cold War. We had to have the best glass. We had to have glass that could do remarkable things. And then, it just speaks to generations of a town that has kept producing and producing and producing great things. A lot of that is because that’s the Corning way, as it is up in Corning, if anyone’s ever visited there, you know that it’s a wonder of engineering. David, what it speaks to is, if American management does a great job, instills in a community, the ability to do better than anywhere else, I’ve got to tell you, with or without tariffs, David, with or without tariffs, because we know that somethings are done so well in a level playing field that they’re going to win.”
“[After Faber brought up Corning’s fiber optics business] David, David, I talked about that with Wendell Weeks, the CEO, this. morning. The amazing thing is, and this place is so important for people who are involved with data centers, right now, when you go into a rack, in the data center, you’re going to find so much by Corning. But it could triple, this is what connects the Vera Rubin. What connects the current Blackwell. They are partners with NVIDIA, so they are partners with much more than just glass for iPhones. And we’re going to get into that too. Carl I think this is a remarkable place and I think Corning’s a remarkable stock because it is deep into the data center and yet people would rather own every other thing. The plumbing, the air conditioner. They maybe should own Corning for the data center. We’re gonna talk about that later.”
9. Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holders In Q2 2025: 156
Naturally, as Cramer discussed Corning in detail during this appearance, the firm’s partnership with Apple Inc. (NASDAQ:AAPL), CEO Tim Cook joining him in the factory, and Apple’s $2.5 billion investment in the firm meant that he discussed the iPhone-maker extensively. Cramer also ran a clip of Cook saying that every iPhone sold in the world would feature glass from Corning’s Harrodsburg factory. As for the CNBC TV host’s thoughts, here they are:
“So Carl, what we’re talking about here obviously, there’s great wonderment about this and it has to with the glass from Corning, it has to do with this, this is the side [of the iPhone] that really matters, it has to do with filming, it has to do with selfies. But, it’s six o’ clock, we’re going to get into what it has to do in terms of the world, in terms of the White House, in terms of the jobs, in terms of tariffs, in terms of, yes, earnings per share, cause you know me, I’m still a dollar sign represented by a man even though I want this phone. And I’ve already placed my order. It’s very, very exciting down here, we’re going to talk to Wendell Weeks, too, CEO of Corning, talk about a hot stock. That one is one that I think could be a rocket ship.
“[on whether input costs would be higher] Well that’s what we’re gonna discuss tonight. We’ve got to nail down how much it costs, how is it economic to do all these things. Wasn’t it more economic to be able to make glass in the other places? We’ve got to figure out as if you are a shareholder. Do you like this? Or how much of it is done for the White House, how much it is done for the community, how much of it is done for the shareholder? Our viewers are shareholders. They wanna know, whether this is what they’re doing if you’re spending 600 billion, is that right? Is that right? And they deserve to know, because they own shares and we’re gonna find out.”
