In this piece, we will look at the stocks Jim Cramer recently discussed.
In his recent appearance on CNBC’s Squawk on the Street, Jim Cramer discussed how the threat of fines, levies, or tariffs against American companies by European nations was being overlooked. Commenting on big tech firms Microsoft, Google, and others visiting the White House, he wondered whether President Trump would remind them about his efforts to protect them from Europe. Recalling a discussion with President Trump’s counselor, Peter Navarro, Cramer remarked:
“You know we had Peter Navarro on the show. And Peter Navarro talked to me about how, the trade rep basically, was saying, I’m gonna come on your show and I’m gonna talk about how we’re not gonna let European countries honeypot, turn our companies into honeypot. Nobody seemed to care, and I know that Peter was surprised that Wall Street didn’t care. I think he was surprised that the companies didn’t seem to care. I wouldn’t be surprised if the President said I’m in here, fighting to keep you from being hurt by Europe, what are you doing for me? What are you doing for our country? Because that’s not unusual.”
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 4th.
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. Kohl’s Corporation (NYSE:KSS)
Number of Hedge Fund Holders In Q2 2025: 31
Retailer Kohl’s Corporation (NYSE:KSS)’s shares have gained 17% year-to-date, courtesy of a 71% gain since mid-July. The stock rose after the firm’s second fiscal quarter earnings beat analyst estimates by a wide margin. While Wall Street had penciled in an EPS of $0.29, Kohl’s Corporation (NYSE:KSS) posted $0.56 in earnings, which was nearly double the expectations. Cramer’s previous comments about the firm have wondered whether Kohl’s Corporation (NYSE:KSS) got a free ride when it comes to avoiding expectations of tariffs impacting its business. Here are his recent thoughts about the firm:
“I will say that I think that when you have say, Kohl’s, getting Sephora in, that would reverse the decline of Kohl’s for a bit. Now Kohl’s did have a decent last quarter.”
Here’s what Cramer said about Kohl’s Corporation (NYSE:KSS) and tariffs:
“People perceive them as not having a, of eating some, but not all of the tariffs. Now everybody else had the same thing, but somehow they got hit with that idea and I thought it wasn’t right. Whereas Kohl’s, got, the free ride. The free ride.”
9. Texas Instruments Incorporated (NASDAQ:TXN)
Number of Hedge Fund Holders In Q2 2025: 68
Texas Instruments Incorporated (NASDAQ:TXN)’s shares opened 6% lower on Thursday after its CFO warned about a slowdown in the industry. Cramer discussed the firm’s business and drew parallels with NVIDIA:
“It’s conference season. That happens when you come back. It’s kind of like back to school. Citi has a global TMT conference, and I’ve got to tell you, Chris Danely, he’s a chip analyst, I’ve always really liked. He happened to have the CFO of Texas Instruments, on, Rafael Lizardi, who’s again one of the probably more revered CFOs. And he dropped a bomb. He said look, things did slow down after April Liberation, at least didn’t grow as they normally would, month to month to month, and boom, that’s all it took, that’s all it took, to have the stock down 12. People felt they’re doing well here. Analogues here are Analog Devices and ON Semi. This is industrial, uh, it’s the internet of things. People felt that they were really having some progress and they say well look we’re at the lower end of people thought we were going to do. It’s quite surprising the stock had been going up with the group. Now don’t confuse things, this is not NVIDIA, which is involving GPUs. This is traditional, basic industrial and people thought they were doing very well and apparently they’re not.”
8. Ciena Corporation (NYSE:CIEN)
Number of Hedge Fund Holders In Q2 2025: 57
Ciena Corporation (NYSE:CIEN) is a telecommunications hardware and software provider. The firm’s shares were among the top performers on Thursday after they gained a whopping 23% during the day’s trading. Ciena Corporation (NYSE:CIEN)’s stock soared after the firm’s fiscal third quarter earnings saw it report $0.67 in earnings per share and $1.22 billion in revenue, which beat analyst estimates of $0.53 and $1.17. Investors were also joyous after Ciena Corporation (NYSE:CIEN) linked the growth to AI demand. Cramer praised the firm’s earnings results:
“Ciena, which is a terrific company involving alarms, technology equipment for telecom. A great quarter.”
Here is what Ciena Corporation (NYSE:CIEN)’s management said about AI during its earnings call:
“And in fact, three of our top five customers in Q3 were service providers. This includes renewed investment in building out their core infrastructure, in part driven by strong demand from cloud providers for managed optical fiber networks or MOFN. It also reflects strong enterprise demand pull through and service providers increasing focus on the role they can play in delivering AI to the edge as more enterprises move workloads to the cloud and AI-driven applications get adopted over time. It is clear that both our cloud and service provider customers are focusing their network investments where bandwidth and network scale are critical to support and enable AI traffic growth to drive monetization and adoption. This dynamic is reinforcing the significance of the current and long-term opportunity for both our systems business and our interconnects portfolio, including over time for inside the data center.”
7. Moderna, Inc. (NASDAQ:MRNA)
Number of Hedge Fund Holders In Q2 2025: 39
Moderna, Inc. (NASDAQ:MRNA) is the ill-fated vaccine company that has continued to struggle after the COVID-19 pandemic’s end. Its shares have lost 42% year-to-date and a whopping 94% since their 2021 peak. Cramer’s previous comments about Moderna, Inc. (NASDAQ:MRNA) have refused to believe that there is no value in the firm and wondered whether its price target should be $18. This time, he discussed the firm in the context of recent developments surrounding vaccination requirements:
“[On Florida removing vaccination requirements and other states doing their own thing] Yeah, like I was looking at Moderna, how much they’re involved and maybe, they’re under a lot of pressure, I know Pfizer. . .But I think that these are very politicized. You heard from RFK, it’s a very small group of people who I guess should we say have to worry about it.”
Here are Cramer’s recent thoughts about Moderna, Inc. (NASDAQ:MRNA):
“Hey that’s got the double whammy. It’s vaccine, got a guy at HHS doesn’t like it, they never did anything with the other one.”
6. Abbott Laboratories (NYSE:ABT)
Number of Hedge Fund Holders In Q2 2025: 69
Abbott Laboratories (NYSE:ABT) is one of the largest pharmaceutical companies in the world. Its shares have gained 17% year-to-date and have recovered all of their losses since an 8% drop in July. Abbott Laboratories (NYSE:ABT)’s shares fell in July after investors punished the firm for apparently keeping its guidance unchanged. With reports of a new variant of COVID, Cramer has started to wonder whether Abbott Laboratories (NYSE:ABT) might be the right play, especially due to shifting government policies on vaccines:
“. . .the thing that is fascinating to me is if you really felt that this was bad and there was going to be another wave of COVID, then you should be buying Abbott, Binax. That is not working as a trade, I got that but it has hurt you, the stock’s up like 30 cents. But I think that these are very politicized. You heard from RFK, it’s a very small group of people who I guess should we say have to worry about it.”
Cramer also mentioned Bnax in an earlier appearance:
“You know what, my colleague Jeff Marks said this could be good for Abbott. The Binax. Cause it looks like you know if you’re not going to give the COVID vaccine then a lot of people maybe you need the test. So maybe you buy Abbott off the Binax. I don’t know. I think Abbott’s much more of a. . .”
5. ConocoPhillips (NYSE:COP)
Number of Hedge Fund Holders In Q2 2025: 72
ConocoPhillips (NYSE:COP)’s shares fell by 4% after the firm announced that it would cut between 20% to 25% of its workforce. The move was driven by falling oil prices as the firm looks to beef up its bottom line and account for the rising costs. Cramer discussed the announcement and wondered whether ConocoPhillips (NYSE:COP)’s dividend had a role to play in the decision:
“[On layoff announcement] Let’s talk about the Conoco for a second. Rusty Braziel is my best go to guy. RBN. He’s talking about, a lot of the oil companies raised their dividend. Felt that they were going to go for cash flow. This price right now is not conducive to that. You’re either gonna, you’re gonna lay off people, or you’re going to keep your dividend, and these oil companies were not ready. I don’t know what Venezuela has to do with it. But I do think that that’s where I would say it’s just the commodities going down.”
Here are his previous thoughts about ConocoPhillips (NYSE:COP):
“All right. Buy COP. Let me tell you, I just told Jeff Marks, my partner for the club, that we’re in the wrong one now. Coterra is not delivering. We should be in ConocoPhillips. I just said it today. I’m not going to say it behind… I tell it to you, I say it to him. That’s how I play it.”
4. Micron Technology, Inc. (NASDAQ:MU)
Number of Hedge Fund Holders In Q2 2025: 94
Memory manufacturer Micron Technology, Inc. (NASDAQ:MU)’s shares have gained 42% year-to-date primarily due to investor bullishness surrounding AI. The firm has benefited since it is the only American company capable of manufacturing the high-end memory chips that are used in NVIDIA’s AI GPUs. Micron Technology, Inc. (NASDAQ:MU)’s shares have, however, experienced some headwinds as investors have wondered whether the grants it received under the Biden administration through the CHIPS Act might be revoked by the Trump administration. Cramer reminded users that since Micron Technology, Inc. (NASDAQ:MU)’s shares were rising, the dip in Texas Instruments’ stock did not indicate broader bearishness for semiconductors:
“Micron is up so it is going to be considered to be, just about Texas Instruments that’s the issue.”
Previously, Cramer discussed Micron Technology, Inc. (NASDAQ:MU)’s products:
“I happen to like Micron. But remember, Micron has this DRAM, which is a commodity business, and they have this high bandwidth business that is really terrific. And I think, right now, you’d be driven by what DRAMs are doing, so, therefore, I prefer other stocks. We do have, and if you’re willing to stay tuned, we do have Broadcom reporting this week, and I like them more than Micron. But I feel awful because I like Sanjay Mehrotra so much, but he does have a hostage to some… of what I regard as commodity businesses.”
3. Western Digital Corporation (NASDAQ:WDC)
Number of Hedge Fund Holders In Q2 2025: 74
Western Digital Corporation (NASDAQ:WDC) is a computer hardware company that makes and sells storage products. The shares have gained a whopping 97.8% year-to-date due to strong earnings reports, which have beaten analyst estimates. For instance, Western Digital Corporation (NASDAQ:WDC)’s shares jumped by 10% in July after the firm’s fourth quarter earnings report. The shares then rose by 12.6% in September after Morgan Stanley raised its price target to $99 from $92 and classified the stock as its Top Pick. Cramer briefly commented on the rise in Western Digital Corporation (NASDAQ:WDC)’s shares:
“Western Digital up once again, at 13 times earnings.”
Here are his previous thoughts about Western Digital Corporation (NASDAQ:WDC):
“Going forward, I think that could be the real difference between Micron and Western Digital… When Micron’s stock goes down, the company will be in there buying it hand over fist with you. When Western Digital’s stock goes down, it just goes down.”
2. Broadcom Inc. (NASDAQ:AVGO)
Number of Hedge Fund Holders In Q2 2025: 156
Broadcom Inc. (NASDAQ:AVGO)’s shares opened a whopping 13.7% higher on Friday after a remarkable fiscal third-quarter earnings report on Thursday. Not only did the firm beat analyst revenue and EPS estimates of $15.83 billion and $1.65 by posting $15.96 billion and $1.69, but it also shared that it had secured orders worth a whopping $10 billion from a mystery customer. Cramer was quite optimistic about Broadcom Inc. (NASDAQ:AVGO) ahead of its earnings:
“Now Broadcom is one of those companies that people never think of. It’s a 1.4 trillion dollar company. It has been run by Hock Tan for a long time. He is considered to be one of the most impressive people in terms of taking business. This is a hyperscaler helper that has taken a lot of share.”
Previously, Cramer discussed Broadcom Inc. (NASDAQ:AVGO)’s valuation:
“When you hear that the big tech stocks have ridiculous valuations, how many times have you read that, you need to be thinking, how did they get that way to begin with? The answer is because they’re the best, and they can weather anything: tariffs, global craziness, antitrust, Chinese genius, you name it. My strategy has been… to wait another day and start buying them. There’s always a catalyst that turns things around with these growth stocks. Maybe it’s Broadcom… And by the way, Broadcom is a $1.4 trillion company, and it rallied from down 10 points in the AM to close up 85 cents.”
1. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders In Q2 2025: 235
NVIDIA Corporation (NASDAQ:NVDA)’s shares turned a small corner on Thursday after they marked a 60 basis point gain. Cramer is one of the firm’s biggest bulls and believes that apart from AI, NVIDIA Corporation (NASDAQ:NVDA) will also be a key player in the robotics market. However, in this episode, he pointed out that investors were wondering whether the firm’s GPUs were priced to deliver profitability to customers:
“By the way there’s a tremendous, tremendous [inaudible] of thought about whether NVIDIA is giving you bang for the buck. And if Jensen Huang has been saying, and there’s been a lot of good stuff, a lot of good benchmarking lately saying that we’re back to the, you get, you buy an NVIDIA high-end custom made chip and you’re going to make a lot of money, more than you spend.
“[On stock coming off of a five day down] I’m so used to saying that the reason why it’s down is off that weak quarter and then I go over the quarter, it’s probably one of the fastest growing quarters I’ve ever seen. But people, like I said the long knives are out for NVIDIA.”
Recently, Cramer discussed NVIDIA Corporation (NASDAQ:NVDA)’s shares and profit-taking:
“The worst stocks today, as befits the horrendous wave of profit taking, are the best ones of the year. That’s what I told you about when you get to this point in the year, you start ringing the register, which means the artificial intelligence components we all know about, namely NVIDIA and its compadre, remember the long knives… Long knives are what is out for NVIDIA. These stocks are so huge, they can swing the entire market. In this tape, one company can be so big with so many tentacles that it can cast a pall on everything else.”
While we acknowledge the potential of NVDA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NVDA and that has 100x upside potential, check out our report about this cheapest AI stock.
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