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 why Apple’s shares rose after President Trump announced his chip tariffs but exempted Apple from them due to the firm’s $600 billion US investment plan. Apple’s shares have gained 11.5% over the past five days as investors take a sigh of relief after the firm’s frictions with the Trump administration appeared to have resolved. Cramer commented on the share price movement and discussed the potential implications for Samsung:
“Which is one of the reasons why I think Apple stock has been roaring. Now it is been roaring on very light vibe, it was walked up between 210 and 219, it couldn’t get it to cross 220, on very little vibes. You want to be a little careful, because the stock could back off on that. But I do think that this is the beginning of American, let’s say, favoritism, versus a foreign company when it’s up in the air. And if I were Samsung, what I would do right now, I’m not gonna tell you that they have some stuff going, but I would say, look, we wanna outshine anyone. Because I think they could be the odd one out.”
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 7th.
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. Costco Wholesale Corporation (NASDAQ:COST)
Number of Hedge Fund Holders In Q1 2025: 93
Costco Wholesale Corporation (NASDAQ:COST) is one of the largest retailers in the US. The firm’s shares have gained a modest 8.9% year-to-date on the back of a 6.6% gain since late July. Costco Wholesale Corporation (NASDAQ:COST)’s stock is yet to recover from its 15% drop in March, which came after the firm warned that a third of its sales were from China and exposed it to tariff-induced headwinds. In his previous remarks about Costco Wholesale Corporation (NASDAQ:COST), Cramer has called the firm a great long-term play. Here are his recent thoughts about the firm:
“But look, Costco had good numbers. Now Costco you could say well wait a second, this is too early to see, but then you get some read through for the tariffs. People are still spending like mad. I think the notion of the consumer being hurt is just not playing, just not playing. I’ve not seen it.”
Earlier, Cramer discussed Costco Wholesale Corporation (NASDAQ:COST)’s valuation:
“Well, you know what, I am glad you called me on Costco. I was just, I was actually kind of mulling over this one with Jeff Marks, my colleague on the club, and I have to tell you, I am sick and tired of the stock going down. People feel 51 times earnings is too expensive. I think that’s wrong. I think they’re doing everything right. Every check indicates to me that it’s time to start buying some if you don’t have any, and if you have some, perhaps you should buy some more.”
9. Airbnb Inc (NASDAQ:ABNB)
Number of Hedge Fund Holders In Q1 2025: 66
Airbnb Inc (NASDAQ:ABNB)’s shares have lost 10% year-to-date after they dipped by 9% in August after the firm warned that its bookings would suffer during the second half of 2025 due to strong figures for 2025. Investors were also spooked by the fact that Airbnb Inc (NASDAQ:ABNB)’s CEO outlined during the earnings call that the firm would have to aggressively compete with hotels. Naturally, Cramer wasn’t impressed by the earnings call:
“That was a very negative conference call. And, it seems like they are not able to do what I just described with DoorDash. They’ve not been able to take a customer and have that customer do other things that would therefore be as lucrative. The US seemed a little bit weak, AirBnb, and that was disappointing.”
Before Airbnb Inc (NASDAQ:ABNB)’s earnings, Cramer was quite impressed with the firm. Here is what he said:
“But these . . .companies, along with . . .AirBnB, they came from a particular era of IPO. Of winners. And these are all ones I’d buy.”
8. Intel Corporation (NASDAQ:INTC)
Number of Hedge Fund Holders In Q1 2025: 91
Not a day goes by without Intel Corporation (NASDAQ:INTC) being in the news. This time around, the firm is in the crosshairs of the Trump administration due to its CEO, Lip-Bu Tan’s links to Chinese firms. After President Trump demanded on social media that Intel Corporation (NASDAQ:INTC) fire its CEO, Cramer discussed the events in detail:
“Well, I do know Lip-Bu Tan, why he’s probably the, for a better word, godfather of semiconductors. He’s the guy, venture capitalist, been in, he backed 300 tech companies when no one else was willing to back the semis, and they just wanted to software, enterprise software. And he said no I’m gonna do semis. Towering figure. He was on the board of Intel, realized that Intel was going the wrong way. Was instrumental in saying listen, Gelsinger, previous CEO, was doing everything wrong. He comes in, first thing he does, he says listen, I’m gonna raise cash. I’m not going to come in guns blazing but without product. We had Lisa Su on, yesterday, AMD, they’re crushing Intel right now. Intel missed the GPUs, but that was by design.
“Well I do know I’ve got this statement of facts in the plea agreement that the government had the overview of the scheme, with the one that they really went after, which is basically that, Cadence China knew and was actively dealing with the equivalent of West Point. Of China. Dealing with the PLA. They were actually very close to the PLA. It’s not clear that therefore Lip-Bu Tan who’s the CEO, knew that they were doing that. But the plea agreement doesn’t care. Plea agreement says it really doesn’t matter, he’s CEO. So it’s not a great set of facts. But, he was exonerated, but a big investigation did not call for his firing. A big investigation by very good attorneys. That said, look this is a different time, you have a senator calling for, saying that someone is basically maybe working for the PLA. And that’s enough. And I think it’s a shame that it’s devolved like that because here’s a man who has dealt with a court suit and the government could have removed him and instead they did a plea agreement.
“But that doesn’t seem to be mattering right now. And I think this is a shame. I recognize this is a different time. . . .I think the board stands behind him. . .I do think that this is a lot more nuanced than what he said. I didn’t like at all what Cadence did. They were working for the PLA. Cadence China, and I think you guys all know what I feel about the PLA and the Chinese government. I think that the Chinese government is run by the PLA and the PLA subsidizes many, many companies to destroy our companies. So I’m with the President on this, except a little bit harder.”
7. Caterpillar Inc. (NYSE:CAT)
Number of Hedge Fund Holders In Q1 2025: 62
Caterpillar Inc. (NYSE:CAT) is an industrial and construction machinery manufacturer. Despite the fact that the housing industry continues to struggle in 2025, the firm’s shares have gained 13.5% year-to-date. According to Cramer, Caterpillar Inc. (NYSE:CAT) has benefited from growing activity surrounding data center construction. This time, he commented on a Morgan Stanley downgrade:
“Okay so let me just give you the thesis on that. The reason why that stock went up even though it missed the numbers is because people are looking for ways to be able to play the reshoring. . . .But CAT is going to be the recipient of huge number of orders because it’s very difficult to be able to, build anything large in this country without CAT being involved. So, that to me, he had a Hold on it during this great run, he has a Sell. I come back and I say, give me a break. That company, if it comes down, will be a natural way to be able to play what is happening. Which is David, conceivably one of the greatest explosion of building in country’s history, equal to the interstate highway system.”
“Yeah look if you commit 600 billion [Apple’s US investment] which is the larger than the gross domestic product of a series of countries as the President mentioned, then you’re going to need to have to move a lot of earth. And, I don’t think that you’re gonna spend a lot of money on other countries stuff that’s going to be tariffed, if you can buy stuff that’s made in this country. So it’s CAT. . .I think the downgrade to Sell is just kind of like I missed it and now it’s too high. It was a decent quarter, the inventories were low and they can rebuild. I think that you don’t wanna, I think that you know, you sell it for 10, 15 and you buy it back. I don’t know, be a hedge fund.”
6. Aecom (NYSE:ACM)
Number of Hedge Fund Holders In Q1 2025: 34
Aecom (NYSE:ACM) is an American infrastructure consulting firm based in Texas. Its shares have gained 12% year-to-date and jumped by 6.3% in August after the firm’s fiscal third quarter earnings. The results saw the firm’s $1.34 in EPS and $4.178 billion in revenue beat analyst estimates of $1.26 for the EPS and miss the estimates of $4.30 billion. After the results, analysts from Keybanc and UBS raised Aecom (NYSE:ACM)’s share price targets to further stimulate the stock. Cramer also believes that the firm is a key play to benefit from data center construction and US manufacturing re-shoring:
“. . .people are looking for ways to be able to play the reshoring. The best ways are Aecom . . .But Aecom and Jacobs go. . .”
During its earnings call, Aecom (NYSE:ACM)’s management commented on its business tailwinds:
“Infrastructure enjoys strong bipartisan support across all of our markets and is an essential element of thriving economies. Fourth, we are investing to accelerate organic growth and expand our competitive advantage. This includes ongoing additions to our advisory and program management teams to meet growing demand as our clients navigate greater regulatory uncertainty and larger investments. This is consistent with our long-term objective of delivering 50% of revenue from advisory and program management over time.”
5. Jacobs Engineering Group Inc. (NYSE:J)
Number of Hedge Fund Holders In Q1 2025: 38
Jacobs Engineering Group Inc. (NYSE:J) is an engineering and construction consulting company. The firm’s shares have gained 12.5% year-to-date and are up by 5.7% after its fiscal third quarter earnings release. Like peer firm Aecom, Jacobs Engineering Group Inc. (NYSE:J)’s earnings report also saw the firm beat analyst earnings estimates but miss the revenue estimates. Cramer believes that the firm is in a strong position to benefit from the expected growth in construction activity in America due to manufacturing re-shoring. He outlined that Jacobs Engineering Group Inc. (NYSE:J) is leading in getting the contracts related to on-shoring:
“. . .people are looking for ways to be able to play the re-shoring. The best ways are Aecom and then the letter J, Jacobs. Those are the two that are getting the contracts. . .But Aecom and Jacobs go. . .”
L1 Capital International Fund mentioned Jacobs Engineering Group Inc. (NYSE:J) in its Q2 2025 investor letter. Here is what the fund said:
“Jacobs Solutions Inc. (NYSE:J) (Jacobs) was founded in 1947 by Joseph Jacobs as a one-man chemical engineering consulting business. Over the next nearly 80 years the business has grown through international expansion and strategic acquisitions to become one of the largest engineering design firms globally with over 45,000 employees.
Management and their capital allocation decisions are central tenets to how we assess Quality businesses. Many management teams are focused on growth. Fewer management teams are willing to divest their way to greatness. Over the past decade, initially under the leadership of Steve Demetriou and subsequently by current Chairman and CEO Bob Pragada, Jacobs has undergone a drastic strategic shift in business profile, pivoting from its historically more cyclical and lower margin businesses…”
4. Fluor Corporation (NYSE:FLR)
Number of Hedge Fund Holders In Q1 2025: 51
Fluor Corporation (NYSE:FLR) is one of the largest engineering and construction firms in America. The shares have lost 15% year-to-date due to a massive 29.6% drop in August. Fluor Corporation (NYSE:FLR)’s shares fell after the firm’s second quarter results saw it miss $4.6 billion in analyst revenue estimates and $0.56 in EPS estimates by posting $3.98 billion and $0.43. To further make matters worse, Fluor Corporation (NYSE:FLR) also reduced its full-year operating income guidance from an earlier midpoint of $625 million to $500 million for a sizable cut. Naturally, Cramer isn’t impressed by Fluor Corporation (NYSE:FLR) either:
“. . .people are looking for ways to be able to play the re-shoring. . . .Don’t do Fluor’s, Fluor’s had a series of missed quarters, that one is not on my screen.”
Here are his earlier thoughts about Fluor Corporation (NYSE:FLR): OKLO GEV
“Fluor’s always a bridesmaid, never a bride. I mean, that engineering construction, but people have lost money more on Fluor than, I actually did a study for Harvard that owned Fluor. And I said, you gotta sell Fluor no matter what, and that was in 1982.”
3. Quanta Services, Inc. (NYSE:PWR)
Number of Hedge Fund Holders In Q1 2025: 75
Quanta Services, Inc. (NYSE:PWR)’s shares have gained 22% year-to-date to make them the best-performing stock among its mega construction and engineering services peers. Quanta Services, Inc. (NYSE:PWR) reported a strong set of earnings results in July when it raised its annual revenue guidance to $27.4 billion and $27.9 billion from an earlier $26.7 billion to $27.2 billion and its earnings per share guidance to $10.28 and $10.88 from an earlier $10.05 and $10.65. Naturally, Cramer also believes that Quanta Services, Inc. (NYSE:PWR) can be a winner from growing construction activity due to American manufacturing being on-shored:
“. . .people are looking for ways to be able to play the reshoring. The best ways are Aecom and then the letter J, Jacobs. Those are the two that are getting the contracts. Don’t do Fluor’s, Fluor’s had a series of missed quarters, that one is not on my screen. But Aecom and Jacobs go, PWR too, Quanta, but I don’t think that’s as good.”
Here’s what Quanta Services, Inc. (NYSE:PWR)’s management said during the firm’s first quarter earnings call about catalysts from manufacturing:
“Utilities across the United States are experiencing and forecasting meaningful increases in power demand, which is being driven by the adoption of new technologies and related infrastructure, including data centers and artificial intelligence, policies intended to reinforce domestic manufacturing and supply chain resources and the need for all forms of energy generation. We continue to believe these drivers are leading to a potential historic investment in and an expansion of high-voltage transmission infrastructure. And at Quanta’s self-performed platform, execution track record and solution-based mindset enabled us to capitalize on these expanding opportunities, positioning Quanta for sustained leadership and long-term growth.”
2. The Walt Disney Company (NYSE:DIS)
Number of Hedge Fund Holders In Q1 2025: 104
The Walt Disney Company (NYSE:DIS)’s shares have gained 2.2% year-to-date but have lost 5.5% over the past month. While the firm has benefited from a growth in its subscription business earlier in the year, the shares lost ground after its latest earnings report demonstrated weakness in the linear business. After the report and the share price drop, Cramer criticized the sellers as he emphasized that they were not considering the full picture when it came to The Walt Disney Company (NYSE:DIS). He reiterated the sentiment this time around as well:
“. . that people will look at the NFL deal and realize how terrific that could be for subs and the ESPN package that I think is crucial to the evaluation here. But no one cared at all, it was really amazing. I mean, Hugh Johnston cared, I mean, CFO.”
Here are Cramer’s thoughts about The Walt Disney Company (NYSE:DIS)’s earnings release:
“Yeah I had kind of a jocular call this morning with Hugh Johnston that you just saw. Because were laughing about how the negativity, which is the negativity just so you know . .it’s a ten billion dollar market cap, ten billion market cap loss on 15 million revenue shortfall. . .they beat by 14 cents and they didn’t raise by 14 cents, that’s what happened. They only raised by ten cents, so people freak out. First, the NFL deal isn’t even included. No one’s including that on their numbers, we don’t really know what it can be worth. But second, the kind of analysis that we’re starting to see being done, in the opening moments this stock traded at 115, traded at 119, they’re so silly and shameful that you have to just say, children, behave. You haven’t done any work, how do you make the measure of a quarter?
“. . .There are people, I’ve spent a lot of time in the last 24 hours trying to figure out the value of the NFL deal with some people who actually are very good and know much better than any of the people who are trading it. And, it’s considerably more than what the stock has lost. Matter of fact, the stock was at 122 when the deal was announced. That was probably right, that was probably right. If you’re gonna take down market cap this big on that miss of 50 mill and not include what each NFL game is going to be, to not include the ESPN package that you’re gonna have to pay a lot of money, to not include NFL RedZone, is just to say okay I don’t really want to make money for my partners, bunch of losers. I’ll do whatever the heck I want with the money. By the way, these are not individuals who are trading the stock. It’s not individuals.”
1. Crocs, Inc. (NASDAQ:CROX)
Number of Hedge Fund Holders In Q1 2025: 36
Crocs, Inc. (NASDAQ:CROX) is an American footwear company that sells sandals, boots, sneakers, and other items. Its shares have lost 29.6% year-to-date after a whopping 29% drop in August. The share price drop was the worst in 14% and it came after the firm’s second quarter earnings report. The results saw Crocs, Inc. (NASDAQ:CROX) warn that its revenue could drop by as much as 11% during the current quarter due to changing consumer tastes, hesitant consumer spending, and tariffs. Cramer discussed Crocs, Inc. (NASDAQ:CROX)’s guidance:
“David, you look at Crocs. . .there are some companies that are just falling apart. I mean Crocs gave you guidance minus nine and minus eleven. That’s not a split, that’s actual. . .I mean I’m just pointing out there are just some true disasters.”
Here are Cramer’s earlier thoughts about Crocs, Inc. (NASDAQ:CROX):
“You know what? I’m going to say something you never hear me say. Crocs and Deckers, I’m giving you two, it’s a twofer. Crocs and Deckers, too hard. You know what? There’s no sin in saying it’s too hard…. Too hard, too hard.”
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