In this piece, we will look at the stocks that Jim Cramer discussed.
In a recent tweet, Jim Cramer continued to discuss the private equity industry with respect to enterprise software firms. The enterprise software sector has taken a major beating in the current AI era. For instance, according to consulting firm Alix Partners, AI “is the industry’s next evolution, and it requires fundamental business model changes.” These changes haven’t skipped Jim Cramer’s radar, as he believes that some losses have to be accepted:
“When I was at my best as a hedge fund manager, where iI returned 24% after all fees v. 8% for the S&P for 14 years, is when i knew i was on the wrong side and cut my losses. When i was at my worst I was in denial. These p-e firms, and these taken private enterprise software firms are NOT worth what these funds paid for them. It happens. They made mistakes. But own, explain, take the hit, don’t hide, be up front. Be what we were taught at Goldman or wherever you worked to start. Or else. TRUTH”
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 February 19th and tweeted about. We also provided hedge fund sentiment for each stock as of the third quarter of 2025, which was taken from Insider Monkey’s database of 978 hedge funds.
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 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
10. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holdings: 264
NVIDIA Corporation (NASDAQ:NVDA)’s shares are up by 47% over the past year and by 2% year-to-date. While the stock became one of the top performers in the early stages of the AI era, the shares have struggled recently. In fact, on February 18th, Morgan Stanley pointed out that NVIDIA Corporation (NASDAQ:NVDA) was one of the most under-owned large-cap technology stocks in the market. Morgan Stanley added that the other technology stocks were also under-owned. NVIDIA Corporation (NASDAQ:NVDA) has spent a busy couple of weeks in February. For instance, the firm announced a mega partnership with social media giant Meta to provide it with AI GPUs and CPUs. Earlier in the month, investment bank Goldman Sachs also discussed the firm. It kept a Buy rating and a $250 share price target on the firm. In his recent remarks about NVIDIA Corporation (NASDAQ:NVDA), Cramer pointed out that the total cost of ownership of the firm’s AI products was lower than AMD’s GPUs. This time he tweeted that his enthusiasm for the firm hadn’t dropped:
“Ardor for NVDA not diminished buy i continue to be impressed with Lisa Su’s transformation of AMD as the greatest turnaround perhaps in history other Jobs/Apple”
9. Walmart Inc. (NASDAQ:WMT)
Number of Hedge Fund Holdings: 112
Retail giant Walmart Inc. (NASDAQ:WMT) reported its fiscal fourth quarter earnings last week. The results saw the firm post $190.66 billion in revenue and $0.74 in earnings per share to beat analyst estimates of $190.43 billion and $0.73. Walmart Inc. (NASDAQ:WMT)’s full-year results were also historic as the firm’s $713 billion in revenue was surpassed by Amazon’s $716 billion in sales. On February 20th, Telsey upgraded the share price target to $140 from $135 and kept an Outperform rating on the shares. The financial firm outlined that Walmart Inc. (NASDAQ:WMT) should continue to gain market share and maintain its leadership in the retail market. Cramer’s previous remarks about the firm have praised its ability to effectively compete with Amazon and keep prices low for Americans. Rothschild Redburn discussed Walmart Inc. (NASDAQ:WMT) on the 17th. It raised the share price target to $150 from $110 and kept a Buy rating on the shares. Part of the reasons behind the bullishness were the retailer’s digital initiatives. In this appearance, Cramer remarked that Walmart Inc. (NASDAQ:WMT) had set low expectations and heaped praise for the price control:
“By the way Walmart was not, don’t pay any attention to any story. Greatest headline yet this year, Bernstein, how much is management sandbagging? They always give you much lower forecasts since the beginning of the year.”
“I’m just saying that when it was down four. . .I want to talk about this notion of people not understanding how people want to set expectations at the beginning of the year. And Walmart and DoorDash set very low expectations, and they’re already beating them.
“I think Walmart has become, the single greater inflation fighter in our country. I always felt it was Costco, Costco’s consistent, but Walmart’s broader. . .I just think Walmart has become, under McMilllon, a great American retailer, and, international company too, but I just think that this is a company that I don’t feel daunted about when it comes to the multiple and I can’t believe I just said that. I think it can trade even higher, because I think that the multiple is going to go in tandem with the earnings per share. . .it’s quite a company.”
8. eBay Inc. (NASDAQ:EBAY)
Number of Hedge Fund Holdings: 56
Online marketplace eBay Inc. (NASDAQ:EBAY)’s shares are up by 22% over the past year and are down by 1% year-to-date. The firm has had a busy February after reporting its fiscal fourth quarter earnings and announcing its decision to acquire used clothes retailer Depop from Etsy. eBay Inc. (NASDAQ:EBAY)’s fourth quarter earnings saw the firm report $2.97 billion in revenue and $1.41 in adjusted earnings per share. The figures beat analyst estimates of $2.88 billion and $1.34. The firm’s gross merchandise volume of $21.2 billion also marked a strong 10% annual growth. Investment bank Morgan Stanley had discussed eBay Inc. (NASDAQ:EBAY)’s shares in mid-January, as per The Fly. The bank raised the marketplace operator’s share price target to $112 from $102 and kept an Overweight rating on the shares. As part of its coverage, Morgan Stanley outlined that investors are interested in firms using generative artificial intelligence and associated technologies to boost their return on invested capital (ROIC). Cramer commented on eBay Inc. (NASDAQ:EBAY)’s earnings and wondered whether the secondhand market was stronger:
“Although eBay numbers were really pretty extraordinary.
“And eBay, is there something societal about how eBay is doing? That secondhand market suddenly got stronger?”
7. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holdings: 332
Retail and cloud computing giant Amazon.com, Inc. (NASDAQ:AMZN)’s shares are down by 1.4% over the past year and by 7.4% year-to-date. Ratings firm Moody’s discussed the retailer on February 20th. It revised Amazon.com, Inc. (NASDAQ:AMZN)’s rating to stable from positive and reaffirmed its Senior A1 rating. As is the case with stock market investors, the company’s decision to boost capital spending was also on the ratings agency’s mind. It outlined that Amazon.com, Inc. (NASDAQ:AMZN)’s decision to boost its spending to $200 billion would weigh on the firm’s ability to generate cash. Moody’s added that to secure an upgrade, the firm would have to grow its profit and cash flow. Like Moody’s, Bernstein also discussed Amazon.com, Inc. (NASDAQ:AMZN) after the firm’s earnings. It cut the share price target to $265 from $300 and kept an Outperform rating on the shares. Bernstein outlined that while the company’s cloud computing growth was impressive, it was insufficient to make it comfortable with the $200 billion spending plan. Cramer has taken the contrarian approach with Amazon.com, Inc. (NASDAQ:AMZN):
“I think everyone feels that Amazon is a wounded tiger. A tiger with a thorn in it that has to go, cannibalistic, or has to go against humans because it’s so hurt. Forget it. I think Amazon’s doing much better than people think.”
6. ServiceNow Inc (NYSE:NOW)
Number of Hedge Fund Holdings: 104
ServiceNow Inc (NYSE:NOW) is an enterprise workflow management software provider. Its shares are down by 44% year-to-date and by 30% year-to-date. Well-known financial firm Wedbush discussed the software company in February. It added ServiceNow Inc (NYSE:NOW) to its IVES AI 30 list and outlined that the recent selloff in software stocks was overdone. According to Wedbush, since the AI revolution is still in its early stages, the market is overestimating the risks posed to software companies. Cramer also frequently discussed the impact of AI on the software industry. The CNBC TV host has asserted on several occasions that the industry’s seat-based business model is creating difficulties in a changed market environment. Bernstein kept an Outperform rating and a $219 share price target on ServiceNow Inc (NYSE:NOW) on January 30th. It outlined that the firm appeared to be a growth opportunity in large-cap stocks due to the recent share price weakness. As for Cramer, he’s excited about ServiceNow Inc (NYSE:NOW)’s upcoming share buyback:
“Everyday I hear that the whole business is going away. I don’t believe that ServiceNow, with Bill McDermott buying a big slug coming up on Feb 27th. . .
“I think the only active buyback I see is Bill McDermott is going to step up and buy back a ton of stock on Feb 27th. That’s because they were selling stock and then he’s got six months to come in and buy. He’s doing everything he can to get ServiceNow higher, everything, everything. . .”
5. DoorDash Inc. (NASDAQ:DASH)
Number of Hedge Fund Holdings: 91
DoorDash Inc. (NASDAQ:DASH) is an online marketplace and food delivery services provider. Its shares are down by 15% over the past year and by 24.5% year-to-date. Citi discussed the firm on February 20th as it trimmed the share price target to $280 from $283 and kept a Buy rating on the shares. The update came after DoorDash Inc. (NASDAQ:DASH) had reported its fourth quarter earnings report that saw the firm’s revenue, profit, and earnings grow by 37%, 51%, and 45%. Citi remarked that the company was set up to sustain the momentum it had exhibited in the fourth quarter for the rest of the year. Ahead of the earnings, UBS had also discussed DoorDash Inc. (NASDAQ:DASH). It raised the share price target to $245 from $241 and kept a Neutral rating on the stock. Cramer called the results “powerful” in a tweet, and in this appearance, he discussed DoorDash Inc. (NASDAQ:DASH) and its management in detail:
“Do you know who Jackson Lamb is? Where does Jackson Lamb like to order from?. . . Deliveroo! It turns out that if you listen to the DoorDash call, the stock was down about 12 dollars, 13. Then they’re selling into this big u-turn, suddenly up 11:15, big u turn!
“But I’m just saying, I was going to get the idea that this was a division that everyone was worried about. . . this was a major turnabout. Now Tony Xu’s, the marketplace numbers just increased the whole quarter. Also, learning lesson to people. Listen to the conference call. The actual release they put out was non promotional. When they got to the conference call, they told you about the cadence, the cadence was really good. The stock is very inexpensive now, I think, versus its growth rate. . .and the fact that it turned around Deliveroo just says to me, they’re unstoppable. Global. It’s a great company, and they’re the winner in the space. . .this might be their fulcrum quarter. . .it’s been down, down, down. And I think they have a terrific model and Tony’s great and I’d buy the stock.”
Sands Capital Select Growth Strategy also discussed DoorDash, Inc. (NASDAQ:DASH) in its third quarter 2025 investor letter:
“Business: DoorDash, Inc. (NASDAQ:DASH) is the leading food-delivery platform in the United States, based on market share.
Key issues: Board structure or composition and executive compensation. DoorDash operates an online platform that enables consumers to order food and other goods for pickup or delivery.
The business is well positioned to capture a sizable share of a large and growing total addressable market. As the company nears its fifth anniversary as a public company, we believe it has an opportunity to modernize elements of its governance framework to reflect its scale and maturity.
Earlier this year, we contacted DoorDash representatives to discuss board structure and executive compensation. These discussions build on prior governance engagements and reflect our ongoing efforts to promote stronger alignment between management, the board, and long-term shareholders…” (Click here to read the full text)”
4. Etsy Inc. (NASDAQ:ETSY)
Number of Hedge Fund Holdings: 46
Etsy Inc. (NASDAQ:ETSY) is an online marketplace that was in the news last week for selling its Depop business to eBay. The news sent the shares 14% higher. Etsy Inc. (NASDAQ:ETSY)’s deal with eBay will see it sell Depop to the latter for a $1.2 billion price tag after it bought it for $1.62 billion five years back. Truist discussed Etsy Inc. (NASDAQ:ETSY) on February 20th. It raised the share price target to $83 from $80 and kept a Buy rating on the shares. The update came after the marketplace company reported its earnings for the fourth quarter of 2025. During the quarter, Etsy Inc. (NASDAQ:ETSY) revenue grew by 6.6% while its GMS jumped by 2.4% to $3.6 billion. BofA reduced the share price target to $63 from $73 and kept a Neutral rating on February 11th, and based the decision on a multiple compression across the eCommerce industry. In late January, Stifel had reduced the price target to $62 from $65 and kept a Neutral rating on the shares, as it pointed out that Etsy Inc. (NASDAQ:ETSY) could experience pricing pressure in 2026. Cramer briefly commented on the firm:
“And remember, Etsy, change of management their. . .second hand clothes, there’s a good market there.”
3. Centrus Energy Corp. (NYSE:LEU)
Number of Hedge Fund Holdings: 31
Centrus Energy Corp. (NYSE:LEU) is a nuclear power generation products provider. The shares are up by a strong 128% over the past year and are down by 24% year-to-date. Centrus Energy Corp. (NYSE:LEU) reported its fiscal fourth-quarter earnings on February 10th. The results saw the firm bring in $146 million in revenue and $0.79 in earnings per share to miss analyst estimates for both figures. On the 19th, Citi cut Centrus Energy Corp. (NYSE:LEU)’s share price target to $225 from $292 and kept a Neutral rating on the shares. The target cut came after Northland had discussed the firm on the 12th. It reduced the share price target to $285 from $325 and maintained an Outperform rating. The financial firm pointed out that Centrus Energy Corp. (NYSE:LEU)’s share price pullback following the fourth quarter earnings report could provide an entry point. Cramer discussed the firm as it rang the opening bell:
“I will point out that this company that is ringing the opening bell, is, if you want uranium, this would be my pick. I’m not kidding. It’s got great revenues, it’s a great company and I think uranium’s really important under this administration. They would build a nuclear power plant in your backyard and you better like it.”
2. Deere & Company (NYSE:DE)
Number of Hedge Fund Holdings: 67
Deere & Company (NYSE:DE) is one of the largest construction and agricultural equipment providers in the world. Its shares are up by 32% over the past year and by 38% year-to-date. The firm reported its fiscal first-quarter earnings results on February 13th. The results saw Deere & Company (NYSE:DE)’s net income sit at $656 million while its revenue clocked in at $9.61 billion. For its fiscal year 2026 results, the firm also expects to incur a $1.2 billion hit from tariffs. Investment bank Jefferies was out with a pessimistic take for Deere & Company (NYSE:DE) on February 23rd. It downgraded the shares to Hold from Underperform and set a $550 share price target. Jefferies commented that while Deere & Company (NYSE:DE) was a top name in the machinery sector, its valuation accounted for a market recovery. However, unlike Jefferies, Morgan Stanley raised the share price target. It bumped the target price to $730 from $560 and kept an Overweight rating on the shares based on long-term tailwinds. Cramer’s previous remarks about Deere & Company (NYSE:DE) have called it a “high-quality” company. In this appearance, he discussed the firm’s agriculture equipment business:
“Well, when you give, ag, precision ag numbers, which is the notion of basically AI, and you marry that with the story the other day about how farmer’s kids don’t want to be farmers, the only way you could control this much, is with precision ag. It’s really quite a story.
“It used to be just about, just looking at the farmer receipts. Now it’s about precision ag. . .it’s a joystick and you can control ten. . .”
1. The Boeing Company (NYSE:BA)
Number of Hedge Fund Holdings: 106
Aerospace giant The Boeing Company (NYSE:BA)’s shares have rebounded over the past year. They are up by 30% over the past 12 months and by 2.5% year-to-date. Bank of America discussed The Boeing Company (NYSE:BA) on February 23rd as it maintained a Buy rating and a $270 share price target. Earlier in the month, the firm had reported its earnings for its fiscal fourth quarter. The results saw it post $23.9 billion in revenue to beat analyst estimates of $22.3 billion. Following the results, Bernstein discussed The Boeing Company (NYSE:BA)’s shares. It maintained an Outperform rating and a $298 share price target. February has been a busy month for the firm with several developments. For instance, on the 17th, the firm announced that it had entered into a deal with the Kazakhstan national carrier to deliver as many as 15 Dreamliner 787 aircraft. Cramer discussed The Boeing Company (NYSE:BA)’s CEO and its defense business:
“I do think that when you see this you have to think about, someone David, that you know quite well. Kelly Ortberg and the changes he’s making. How about moving defense back to St. Louis. . .I just think that historically they should never have left St. Louis, it was a big blow to the city.”
While we acknowledge the potential of BA 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 BA and that has 100x upside potential, check out our report about this cheapest AI stock.
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