In this piece, we will look at the stocks Jim Cramer discussed.
In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer discussed the overall dim sentiment at the market’s open and wondered whether it was related to the data analytics firm, Palantir. Cramer postulated that those selling the stocks could come back soon since he didn’t witness an “inherent overvaluation” in the market:
“I didn’t Uber was that bad. . .I think that we overall came in this morning, and everyone, it’s almost like people decided, okay if Palantir’s being [inaudible], let’s challenge everything. Palantir’s been the big winner, it’s been the bellwether. I know you say he’s in my mind, but it has been the big winner of this period. Look I find that we’re going to look back and say, alright so the PEs were really high and the stocks are coming in and give it a couple of days, then the buyers come back. Because it is seasonally a great time. I don’t see the inherent overvaluation that people keep talking about because there’s a lot of companies that are selling at a very low multiples and there’s a couple that are selling at very high multiples.”
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 November 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 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
10. Palantir Technologies Inc. (NASDAQ:PLTR)
Number of Hedge Fund Holders In Q2 2025: 78
Palantir Technologies Inc. (NASDAQ:PLTR)’s third-quarter earnings saw the firm’s $0.21 in EPS and $1.18 billion in revenue beat analyst estimates of $0.17 and $1.09 billion. However, despite the solid set of results, the shares fell after the earnings report. Cramer spent quite a bit discussing Palantir Technologies Inc. (NASDAQ:PLTR) and shared that the pain point in the stock was whether its valuation matched its “incredible” and “profitable” growth:
“[On earnings and CEO short seller comments] Well look, it’s funny cause you read through the conference call and says well people come on CNBC and they say, they make fun of us. I mean, I’m on CNBC quite a bit and I’ve been liking the stock very much since 50. I thought it was an excellent quarter, I continue to think that they are doing things that other people are not doing and they are very special. I will say sometimes I like the Rule of 40 analysis. Look, the growth here is incredible and its profitable growth, and I really like that. I think the difficulty is you just say okay listen is it worth a half a trillion? And that’s the big issue. You take a look at the market cap, versus what you look at in terms of, then you look at price to sales for 2027, highest in the S&P and you say it’s really expensive. But then you say, this is an incredibly profitable, really well run company that is doing great things. That I think, and by the way, I have to tell you, their military stuff, Shyam Sankar, who’s probably I think the most, maybe the foremost thinker these days in the military, works at Palantir. And he’s excellent.
“Okay, so I just say, let them sell it. I’m not as concerned about the short sellers. Let people sell it. But it’s going to settle in, and they are doing amazing things. The companies that I dealt with when I was so concerned about them, that hire them, I haven’t found a company that hires them that doesn’t think they haven’t added tremendous value to them. So David, I’m stuck with like, yes market cap, I’m stuck with how to value on 2027 sales. But I am not stuck with this. They are a great company that does great things, both commercial and military. And I salute them, but saluting them doesn’t make money.
“[On why Karp would comment and care about short sellers] Well I don’t think he doesn’t need to. There are things said about him and the company that are, I would say, that he takes the overvalued complaint personally. And I think instead, it’s one of these things where you have to be a little like Henry Ford, which is say never complain, never explain. That that has a little more gravitas at this point. But they’ve been at it for 20 years, and there have been people who have attacked them the whole way.
“I do not speak to hedge funds, okay, I just don’t. Anyone who’s seen my phone logs would be able to tell you that. There have been so many hedge funds that have reached out to me to say listen, you’ve got to change your view on Palantir, this is a screaming short. And the usual you don’t know what you’re talking about, which I reserved for my father being able to say. My father passed many years ago, you don’t tell me I don’t know what I’m talking about, I’ve studied this Palantir a lot. The fact is that it’s an expensive stock but it may be the best run company in the world. So you have to struggle.
“Am I trying to develop a relationship with Alex? I have a relationship with my wife, with you guys, I kind of have a lot of relationships. . .But I happen to think the guys who do the defense here, are my idols for what they’re trying to do. Because they are trying to make it so that we are more lethal with fewer deaths. And that is what my father, who was a sergeant in the army for a long said, if we only had guys who felt like that.
“Look, what would I wanted to see if I were a long hoping the thing to go up, I would love to see that they just got a gigantic contract that we don’t know about. And they announce it. But it’s entirely possible that they couldn’t announce it. I guess what I am saying is, I am not backing away from my thinking that this is a great company. And there’s room for it. . . .this is the right one for the longs.
“He [Karp] does say something very important about the individual investor. And this is what I’m fixated on for my book, which is that, if you can find companies, that you like, with a fiery messianic CEO, I’m okay with that. . .I wish they had spent a little more time talking about, instead of saying listen, we are the warfighter company, which they are, here’s how we are doing things with warfighters that are different. But they could say, look Jim, that’s not our job, we don’t have to say that. But, if you’re gonna take that cause on, you can mention it. Remember, I am not criticizing Alex Karp, I would just augment it. I’m not. I can’t criticize the he has created a huge amount of wealth and I am in favor of that wealth creation. I am.”
9. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders In Q2 2025: 235
AI chip giant NVIDIA Corporation (NASDAQ:NVDA) factored into the discussion as Cramer discussed Palantir and Michael Burry’s short position in the data analytics company and the chip designer. Burry’s fund has bought more than a billion dollars of put options in the two companies’ shares, with $187 million belonging to NVIDIA Corporation (NASDAQ:NVDA). Cramer defended NVIDIA Corporation (NASDAQ:NVDA) against Burry and commented that the firm is the “best” technology company that’s crossed his radar:
“Look I, it’s interesting this fellow, Burry whom I don’t know, I mean he’s shorting NVIDIA too. Now that’s another one who I’ve looked at. 5 trillion dollar company. Well is it worth 5 trillion? It’s the best tech company I have ever seen. And I don’t know how to value it, other than to say when I look at the past, I see it selling at 28 times earnings when it looked like it was selling at 80 times earnings.
“[On a WSJ report saying how his lobbying for the China sales ran into a brick wall when it came to the Secretary of State and some others] I just think that there was this unfortunate dichotomy between the best or the worst. There are plenty of chips that I think that would have made it so the Chinese were on the hook to us. But I know it became globalist versus non globalist. Jensen is really perceived as being the ultimate globalist in Washington. I think his view was, if you let them write on our stuff, the software, we’ll be more powerful and they were never going to use us for defense anyway. I think both sides had decent arguments. I came down, look I came down with Jensen cause I thought he was more persuasive. The other guys I just think are just saying, listen, they’re not going to get it, so we’ll just, we’ll keep it from them.”
“I know that when you speak with the Peter Navarro contingent, Peter’s been rather quiet, in the White House. He would say that listen, that he’s the foremost globalist of our time. And I would say no, if you listen to him, what he’s saying is, if you want to know what the Chinese are up to, have them write on our hardware. And I thought that made sense.”
8. Meta Platforms, Inc. (NASDAQ:META)
Number of Hedge Fund Holders In Q2 2025: 260
Even though Meta Platforms, Inc. (NASDAQ:META)’s shares fell after its third-quarter earnings report, Cramer has continued to defend the stock. According to media reports, the shares dipped after management disclosed that it would increase its capital spending in 2026. Meta Platforms, Inc. (NASDAQ:META) differs from other technology giants, such as Amazon and Google, through the fact that it does not have a dedicated cloud computing business division. However, Cramer believes that CEO Mark Zuckerberg is justified in spending aggressively as he has to protect his firm’s moat against OpenAI and Sam Altman. He reiterated the belief during this episode as well:
“Look I think Meta played the game. I think that Meta said, look we’re going to spend as much money necessary to keep Sam Altman out, they didn’t add the keep Sam Altman out. And if Sam Altman decides to go after a bunch of other verticals, then they can cut back their spend. But you don’t want that social monopoly, when you see some of the stuff that OpenAI is backing, that is a direct threat to his world, so Zuckerberg is right to spend as much as he can.”
7. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders In Q2 2025: 235
Cramer has frequently discussed Amazon.com, Inc. (NASDAQ:AMZN) before and after its latest earnings report. Ahead of the earnings, he wondered whether the firm’s decision to focus on in-house Trainium AI chips was keeping its shares down. After the earnings, the firm surprised investors and the media through a $38 billion deal for its cloud computing business with OpenAI. Cramer continues to remain enthused about Amazon.com, Inc. (NASDAQ:AMZN) heavily buying NVIDIA’s GPUs as he commented:
“Now I think the one, it’s is very funny, because Amazon, is the one that I didn’t think was spending all that and then yesterday [inaudible] out I didn’t know they had so much. Did you know they had so much NVIDIA? Amazon, I didn’t know they had so much NVIDIA!”
The CNBC TV host discussed Amazon.com, Inc. (NASDAQ:AMZN)’s OpenAI deal in detail in an earlier appearance. Here is what he said:
“Five days ago Amazon was considered to be a, an also ran. That, Amazon Web Services was no longer, pitiful of a giant basically, versus everybody else. And now suddenly we discover, not only that after that great quarter that they just reported, where AWS was actually growing, 17 after 20 percent, well let’s just take the growth rate even up. David, this stuff is happening so fast, OpenAI is everywhere, there is an amazing Brad Gerstner, terrific interview with Sam Altman, Satya Nadella where. . .
“But did you notice the change in narrative from Amazon, they emphasized, over and over again, their own chip, until last week, where they said, listen we have a lot NVIDIA and we have a lot of our own chip, and then this is all about NVIDIA. . .it’s almost as if they’re saying, we’ve got the power. . .so if you want to take it back a week, a lot of these companies [inaudible] to being troubled. I mean NVIDIA we were worried about China. Amazon we were worried that they weren’t spending enough. And then Web Services was slowing down. Canard, just wrong. I mean Amazon just completely refuted that. The fair haired child was Alphabet, Alphabet not mentioned today.”
6. Chipotle Mexican Grill, Inc. (NYSE:CMG)
Number of Hedge Fund Holders In Q2 2025: 68
Chipotle Mexican Grill, Inc. (NYSE:CMG), the fast casual restaurant chain, has been in the red lately as its shares have lost 47% year-to-date. The shares dipped by as much as 19% after the firm’s third-quarter earnings report last week. Cramer has regularly discussed Chipotle Mexican Grill, Inc. (NYSE:CMG) in his morning appearances and in Mad Money. After the earnings report, he countered the notion that the firm was suffering from broader sluggishness in the economy since he was not hearing a similar narrative from other restaurant companies, such as Brinker. As a result, Cramer believes that Chipotle Mexican Grill, Inc. (NYSE:CMG)’s woes are specific to the firm. In this appearance, he commented that the problem appeared to lie with the firm’s execution:
“Well Chipotle, they stopped executing well. They stopped executing well.”
In his Mad Money appearance on October 30th, Cramer discussed Chipotle Mexican Grill, Inc. (NYSE:CMG)’s history:
“Consider the case of Chipotle, which admittedly needs another turnaround after today’s beatdown. But I’m talking about the old Chipotle. This company fell on hard times in 2015… Chipotle brought in Brian Niccol, a rising star from Taco Bell… Installing him as CEO at the time, I don’t know, I was skeptical, putting someone in who helped push a burrito with 80 ingredients versus one with just eight, I mean, really? Was he the right guy? Well, the answer was absolutely, you bet it was. About a year later, the ship was completely righted, and the stock rallied all the way to $56. That’s right. $5 when he came in to $56 when Starbucks poached him last year.”
5. Pfizer Inc. (NYSE:PFE)
Number of Hedge Fund Holders In Q2 2025: 83
Pfizer Inc. (NYSE:PFE) reported its third-quarter earnings report yesterday. The results were a solid bunch of numbers that saw the firm post $16.65 billion in revenue and $0.87 in adjusted earnings per share to beat analyst estimates of $16.58 billion and $0.63. However, even though the firm raised its full-year profit per share guidance to $3 and $3.15 per share from an earlier $2.90 to $3.10, its shares remained muted. Cramer has discussed the sentiment surrounding Pfizer Inc. (NYSE:PFE) on several occasions. He believes that the firm needs to find something major to impress investors. The CNBC TV host has also pointed out that Pfizer Inc. (NYSE:PFE)’s investors appear to be satisfied with its 7% yield. In this appearance, he discussed the firm’s earnings report and its dividend:
“Pfizer beat the numbers and people just yawned. Oh my god the group is so challenged.
“But we’re looking for that big win from Seagen. We never got it. It’s a bond. Pfizer’s a bond, it’s kind of like Shylock, you know, I’ll have my bond, no, I’d rather have my stock.”
4. Yum! Brands, Inc. (NYSE:YUM)
Number of Hedge Fund Holders In Q2 2025: 45
Yum! Brands, Inc. (NYSE:YUM) made a major announcement yesterday when it revealed that it was considering “additional action” which was “outside of Yum! Brands” when it came to popular pizza chain, Pizza Hut. The firm’s CEO, Chris Turner, discussed the decision during the firm’s third-quarter earnings call. Cramer commented that he had been waiting for the announcement given the troubles in the pizza industry:
“Yeah look I think there’s something that I’ve been waiting for some time. New CEO, Chris Turner, comes in at YUM and says, you know what, enough with Pizza Hut. It’s just too hard a category. Too difficult to turn. Let’s have some sort of, let’s explore, they’re gonna explore, basically they’re offloading it, strategic announcement. In the meantime, Taco Bell continues to generate great numbers, they have 7% same store sales, KFC, 3%. But what you’re left with, away from Pizza Hut is a very good asset light company where Taco Bell has been a leader in terms of social media, advertising. They do a great job. And I think that you have a new CEO that’s why you can buy the bullet.
“But this now asset light, with Taco Bell being a great company, not bad.”
3. Domino’s Pizza, Inc. (NASDAQ:DPZ)
Number of Hedge Fund Holders In Q2 2025: 42
Domino’s Pizza, Inc. (NASDAQ:DPZ) has become one of Cramer’s favorite stocks in the restaurant space. The CNBC TV host believes that budget-conscious Americans are scouring the sector for value by seeking meals that are affordable. In this context, he has praised Domino’s Pizza, Inc. (NASDAQ:DPZ) several times. Cramer believes that the firm’s CEO, Russell Weiner, has figured out the perfect price point for pizzas. In this appearance, he commented that despite the broader troubles in the sector, Domino’s Pizza, Inc. (NASDAQ:DPZ) continues to perform well:
“By the way, in the pizza category, my hat’s off to. . .Domino’s, for being able to, a lot of people say, make it so pizza. . .couldn’t be part of a major company. Without hurting the numbers, how about that: And Papa John’s, are they going to do a takeover? We don’t know, we get a bid. It’s a really tough category but Russell Weiner at Domino’s has done a very good job. And that’s the one you wanna own.”
2. The Clorox Company (NYSE:CLX)
Number of Hedge Fund Holders In Q2 2025: 46
The Clorox Company (NYSE:CLX)’s fiscal first-quarter earnings were anything but stellar as the firm reported a 19% revenue drop to $1.43 billion. The decline, which beat analyst estimates of $1.39 billion, was attributed to an enterprise resource planning (ERP) software change. Ahead of the earnings, Cramer pointed out that The Clorox Company (NYSE:CLX)’s 30% decline for the year was representative of a new trading environment where investors were hesitant to pile into consumer goods stocks during periods of economic worries. In this appearance, he remarked that the dip in The Clorox Company (NYSE:CLX)’s shares appeared to be over:
“David when sometimes stocks are down so low, they look up to me and that’s Clorox. Clorox had. . .a horrendous quarter, absolutely terrible, had this ERP, that just obliterated their earnings. And the stock’s up two because it was just down so much, enough is enough.”
Here is what Cramer said about The Clorox Company (NYSE:CLX) ahead of its earnings:
“Now, we also hear from Clorox, quite different from Palantir, with a stock that is down more than 30% for the year. Clorox is at the heart of this market’s conundrum. In the old days, when we had worries about the economy, everybody bought the consumer packaged goods stocks. Now, perhaps because of inflation, people just won’t pay up for the name brands. Let’s see what CEO Linda Rendle has to say.”
1. Kimberly-Clark Corporation (NASDAQ:KMB)
Number of Hedge Fund Holders In Q2 2025: 42
Kimberly-Clark Corporation (NASDAQ:KMB)’s $48.7 billion Kenvue acquisition announcement was well-received by Jim Cramer despite the stock’s negative reaction. The CNBC TV host believes that the deal allows the firm to benefit from Kenvue’s brand portfolio and combine it with its distribution and customer channels:
“And by the way, David, I’m gonna go one step further, I think that Michael Hsu, Kimberly Clark, is down, so enough is enough. “
Well I think that Kimberly-Clark is a really well run company when it comes to the two most important channels in the world. The club channel and the e-commerce channel. Kenvue was probably the worst when it came to those two. It had no strategy whatsoever. I think that Michael Hsu recognizes that the case law is really on the side of Tylenol and he’s willing to have it litigated again. He also recognized, by the way, that J&J, when they decided to take on every single one of the plaintiffs when it came to talc, stock went from 150 to 190.
“You’re dealing with a company David that is now going to be bigger than Unliver which would really be incredible. . .I think that Shu’s doing a really good job. You know this is an example yet of the people say the market’s really expensive. Kimberly-Clark is a premier company with a great brand. It’s 14 times earnings.”
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