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 areas of the market that he wanted to see money move out of. The remarks are part of his opinions about speculative market sectors, which include several quantum computing and nuclear technology firms. The CNBC TV host has discussed both regularly over several appearances. In a recent show, he discussed a quantum computing development shared in the Harvard Gazette to point out that the researchers achieved the same results that several quantum computing firms were aiming for, for free. In this show, he outlined the sectors and pointed out that younger people continued to flock to them:
“I want to see quantum, I want to see nuclear, I want to see flying cars, by the way, Boeing has the best flying cars, not that anybody cares. I wanna see the alternative power companies in general to have money sucked out of them. I want the 2Xs money sucked out of them. But the younger people insist on these three team parlays. They just go to DraftKings, Jason Robbins’ very good.”
Our Methodology
For this article, we compiled a list of 9 stocks that were discussed by Jim Cramer during the episode of Squawk on the Street aired on November 20th. We listed the stocks in the order that Cramer first mentioned them. We also provided hedge fund sentiment for each stock as of the second quarter of 2025, which was taken from Insider Monkey’s database of over 900 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 Holders In Q2 2025: 235
This show was aired the day after AI GPU designer NVIDIA Corporation (NASDAQ:NVDA) reported its earnings for its third fiscal quarter. The results saw the firm report $57 billion in revenue and $1.30 in earnings per share to beat analyst estimates of $54.9 billion and $1.25. Heading into the earnings, Cramer had asserted that NVIDIA Corporation (NASDAQ:NVDA) was still the “gold standard” and outlined that if the firm managed to smoothly launch its latest Vera Rubin chips, then “there might be a level where I say hey listen we own it from a very low basis.” During this appearance, he discussed NVIDIA Corporation (NASDAQ:NVDA) CEO Jensen Huang’s comment about a new “wave” of agentic AI systems that were capable of reasoning and analysis. Huang believes that the transition to generative AI is necessary for businesses, and the transformation to agentic and physical AI will be revolutionary. As he discussed NVIDIA Corporation (NASDAQ:NVDA) after the earnings, Cramer started by admitting that he was left short of words for a brief while:
“Last night, I went out to dinner and came back. For a couple of hours I thought what am I going to say today, it’s such a different narrative from what we hear. And I think that what we heard last night was, these companies aren’t spending enough. Everytime they spend, they make much more money. So they’re trying to get as many chips as they can. Which is the opposite of what we’re hearing. The circular analysis, David, there was, they’re ready to sell anything they want to. They’re up on almost everything. They’re good investors, so the idea that there’s this Lazy Susan circular nature, is defeated. And the notion, where we are in the world is far different from what people think. Far further and we’re getting there. You know and the reason I start with this to you David, is because he’s saying look the world is going to change so rapidly in the next three years and it’s all gonna be software written on NVIDIA. I found that to be, I’m not saying that’s revolutionary, that’s too strong, but the doubters really have a lot of thinking to do. Including people who say bubble AI, who . . .don’t know about the revolution that’s occurring.
“I think that, if anything, I know obviously the President’s very close to Jensen, but if anything, he bolstered the case. He basically said, without putting the words, because that keynote’s better than that. Is that we own the Chinese if we want to. Because every software writer around the world, including the Chinese, will be writing on ours. And if you’re really worried about the Chinese using NVIDIA chips you’re out of your mind because we can program them if they want to. So they know that. The PLA will not use NVIDIA chips to build aircraft carriers. I thought it made a strong case for China. But again, doesn’t need China. Because, oh my god, they have customers.
“[After David pointed out that many would say that all the money is made by NVIDIA] I think Collette would totally disagree with that. Because she’s saying that billions are being made by those who take the chips. She’s using the term billions.
“I do think that the big thing that we’re not talking about, is that they’re ready with Vera Rubin. Now I thought they’re ready with Blackwell at GTC. And I was wrong. They weren’t ready. But Collette is assuring us, the CFO is assuring us, it’s going to be smooth. And if that’s the case, gross margins are not going to get hit. And people are going to go nuts for it.
“Look I think it’s early and the bear case for NVIDIA is very hard right now. Very hard. The bear case is I didn’t listen to the call and I think it’s overvalued.”
9. CoreWeave, Inc. (NASDAQ:CRWV)
Number of Hedge Fund Holders In Q2 2025: 29
CoreWeave, Inc. (NASDAQ:CRWV) is a computing infrastructure company that is one of the key players in the AI ecosystem, as it hosts NVIDIA’s AI GPUs used by software companies for their computing needs. Since its IPO in March, Cramer has regularly discussed it. The CNBC TV host has been proud of supporting CoreWeave, Inc. (NASDAQ:CRWV) even during controversial debates surrounding the firm’s relationship with NVIDIA. However, Cramer has also been slightly wary about the firm, as he remarked in September that while he thought CoreWeave, Inc. (NASDAQ:CRWV) was a “real company,” people felt that it’s “moved too much.” Cramer also trusts the firm’s CEO, Michael Intrator, as far as visibility into future AI demand is concerned. In this show, he discussed the firm after NVIDIA’s earnings and commented on the rapid development cycles of NVIDIA’s AI GPUs:
“Now, I will say, that, as per CoreWeave here, the one thing you don’t want to do is have NVIDIA chips on the shelf cause you’re not ready. They’re expensive, no return. . .
“Although they do mention the software makes it so the previous generations can work. . .”
Additionally, while he’s been optimistic about CoreWeave, Inc. (NASDAQ:CRWV), in an appearance on November 14th, Cramer was left ‘jarred’ by the CEO’s comments:
“Michael Intrator sat over here, from CoreWeave, a stock that I’ve backed since it came public, and talked about a site, a problem in his, five sites. And that was jarring to me. There’s a timeline of jarring, that it made it so I wouldn’t have said that hey it’s the end of magical investing if it weren’t for the fact that I felt like that I got Red Catted. That’s another one you want to see although they actually had a government shutdown to explain why that stock’s down a lot.”
8. Oracle Corporation (NYSE:ORCL)
Number of Hedge Fund Holders In Q2 2025: 124
Like CoreWeave, Oracle Corporation (NYSE:ORCL) also provides computing infrastructure to AI software firms. However, unlike CoreWeave, Cramer has started to discuss the firm almost daily. The CNBC TV host’s comments about Oracle Corporation (NYSE:ORCL) revolve primarily around the firm’s remaining performance obligations (RPOs). The shares, which were up 97% year-to-date at one point, have trimmed the gains to 26% since early September. Oracle Corporation (NYSE:ORCL)’s stock had soared after the firm revealed in its fiscal Q3 earnings that its RPOs stood at an unbelievable $455 billion. While Cramer was initially stunned by the announcement and commented on September 10th that “I couldn’t believe it when I heard it. I thought they were making this stuff up,” he has gradually formed an opinion since then. During this appearance, he discussed Oracle Corporation (NYSE:ORCL) after co-host Carl Quintanilla mentioned a WSJ report about the firm never having given up gains this large this fast and being the most indebted company with an investment grade rating:
“The Oracle, look Oracle’s a legitimate question, I felt better about OpenAI after last night.”
7. Walmart Inc. (NYSE:WMT)
Number of Hedge Fund Holders In Q2 2025: 105
Walmart Inc. (NYSE:WMT) factored into the discussion due to two reasons: its earnings report and the decision to transfer its listing to the NASDAQ stock exchange. Cramer had plenty to say about both developments. Walmart Inc. (NYSE:WMT)’s fiscal third-quarter earnings report saw the firm post $179.5 billion in revenue and $0.62 in adjusted earnings per share to beat analyst estimates. The firm also raised its full-year sales growth guidance to 4.8% and 5.1% from an earlier 3.75% to 4.75%. Previously in the week, the CNBC TV host had spent quite some time discussing Walmart Inc. (NYSE:WMT)’s major announcement that its CEO Doug McMillon would leave the role and hand over the baton to John Furner. He discussed the firm’s turnaround under McMillon and added that he wanted to meet the new Walmart Inc. (NYSE:WMT) CEO to form a conclusive opinion about him. In this appearance, Cramer kept the faith with the firm and shared key insights about its NASDAQ transfer:
“Right but at the same time we know that they overestimated how badly the tariffs would hit them. And that was very bullish. And I also think that it makes me think, what happened with Target yesterday? Exact opposite. Target’s falling behind Walmart and it’s becoming a bigger gulf.
“[After David pointed out that the only thing he had an issue with was a tiny miss in the second quarter for gross margins and pointed at a healthy valuation] Uh, they’re doing the right thing by America. . .they have great ecom, they grew ecom 28%. . .these are incredible numbers.
“What he basically did is, stand the paradigm on its head. We’re gonna pay our people much more. Because if they’re happier and do better, everybody makes more money. Exact polar opposite of the way it was before Doug McMillon.
“Walmart’s quarter was much stronger than expected, but last night, Laura Alber on Mad Money talked about how Williams-Sonoma is going to have a tough fourth quarter because the tariffs are coming. So when I hear tariffs not as bad, I get very excited and I grab Walmart. The price target’s going to move up tomorrow. Be a lot of congratulatory stuff about Doug McMillon, it’s going to be a love fest. I’d like to get ahead of the love fest. It’ll be like Woodstock, the Bentonville Woodstock. . .
“Well, Walmart’s moving to the NASDAQ. John Rainey, the, who was the man who [inaudible] the call, was on the board of NASDAQ. Then resigned when he moved over to Walmart. It looks like now thatDoug McMillon is moving on, boom, goes right to the NASDAQ. Now what does it mean? I think that there’s always been a tug of war about this. Is Walmart going to be better served on the NASDAQ than the New York Stock Exchange? I don’t think it’s a real edge to go over to the NASDAQ, but you could say, listen, my studio’s right here, maybe I’m a home team guy.
“[After Carl pointed out that shifting to the NASDAQ gave them a tech flair] Yeah, that’s what I’m, I, yes, I think that it does do that but I think the New York Stock Exchange is, do you really want to leave the stock exchange? To me, it’s still the premier place for capitalism. But at least understand it was Rainey I think who made the decision once, because Rainey did resign from the NASDAQ board.”
6. Costco Wholesale Corporation (NASDAQ:COST)
Number of Hedge Fund Holders In Q2 2025: 91
For Jim Cramer’s morning appearances, where there’s Walmart, there’s also Costco Wholesale Corporation (NASDAQ:COST). He has discussed both firms regularly throughout 2025 and kept an upbeat tone about them. Cramer believes that Costco Wholesale Corporation (NASDAQ:COST) plays an important role in the economy to ensure that Americans can buy affordable groceries. He has praised the firm’s strategy to launch its in-house products of brands that it perceives as being too expensive. However, with Costco Wholesale Corporation (NASDAQ:COST)’s shares down 4.7% over the last month, the CNBC TV host has admitted that the stock has disappointed him. For instance, he commented on November 12th that “Costco’s been a big disappointment for me right here, but I would never sell it.” In this appearance, Cramer briefly remarked on the firm in as he was discussing Walmart:
“Costco stock I know it’s in freefall, oh well I guess go buy some.”
As for following Jim Cramer’s advice when it comes to buying Costco Wholesale Corporation (NASDAQ:COST)’s shares, here’s what he advised in a Mad Money appearance on September 19th:
“Let’s talk about Thursday evening, though. There we have Costco, and right now, Costco’s stuck in a kind of a purgatory, a very high PE… 53. I find you don’t want to buy Costco until the PE goes below 50. But I own it for the Charitable Trust, and I’m willing to hold it all I want. It’s hard to believe that Costco can vault higher from here, but I think maybe it can.”
5. Alphabet Inc. (NASDAQ:GOOGL)
Number of Hedge Fund Holders In Q2 2025: 219
When it comes to Alphabet Inc. (NASDAQ:GOOGL), Jim Cramer just can’t stop being optimistic about the firm. Over several previous appearances, he has discussed the firm’s YouTube business, its cloud computing platform, and its quantum computing strengths. In fact, in his morning appearance on November 14th, the CNBC TV host went ahead and stated that “I would step in on that one. I’d dip my toe in that one.” Alphabet Inc. (NASDAQ:GOOGL)’s shares are up by 52% year-to-date; a fact that’s also led Cramer to lament selling the stock due to worries about the firm’s tussles with the Justice Department. In this appearance, he discussed Alphabet Inc. (NASDAQ:GOOGL) in the context of OpenAI and mentioned a podcast that he listens to:
“Well you know what, look, I don’t want to steal something because I’ve got these guys that I’m on, for a podcast this morning, TBOY, and they’re really pretty terrific. That’s The Best One Yet. It was a great podcast. But they’re saying, listen, what’s happened here, is OpenAI wants to be Alphabet, but we don’t need OpenAI because Alphabet is, Alphabet has everything that OpenAI would like to have. I think it’s a great analysis. And I think it became clear to people over the last 100 points, that Alphabet is the best of all these. And if OpenAI thinks they can take on Alphabet, they’re greatly mistaken. They can come up and be number two, I know, they want to be number one in everything. . .”
4. Abbott Laboratories (NYSE:ABT)
Number of Hedge Fund Holders In Q2 2025: 69
This show marked more than a month after Cramer discussed pharmaceuticals and diagnostics devices firm Abbott Laboratories (NYSE:ABT). However, the delay doesn’t mean he’s changed his sentiment about the firm. Cramer often calls Abbott Laboratories (NYSE:ABT) one of the most “reliable” healthcare companies in the business. In fact, in January, he went as far ahead as to call the firm “one of the great pharma stories because it’s got the best growth in device and pharmaceuticals.” In this appearance, the CNBC TV host commented on Abbott Laboratories (NYSE:ABT)’s announcement to buy cancer screening firm Exact Sciences for a cool $23 billion price tag. According to Cramer, the deal expands the firm’s business portfolio:
“Well, let me tell you why I liked the deal. This is the weakest vertical, that Abbott has. It is very episodic right now, it’s like, oh, there’s HIV, flu, and now suddenly they have a consistent revenue stream. And David, it may be worth to pay that because Medicare and all the insurance companies accept this. Obviously it’s something that’s great for the system, that we can catch early detection. I like the deal but obviously other people don’t. I think it has to be digested, it’s a very expensive price.”
“Largest healthcare deal in over two years, largest diagnostic deal ever. Ever. I think it’s very, very important. But it does add to the growth rate of Abbott. Which is something I like. And they have no international, currently. Exact Sciences, and Abbott can blow it out international. I like the deal. And I like it as much as everybody hates it.
“Robert Ford’s doing a good job. That division was something I really felt, maybe he shouldn’t even have it.”
3. Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holders In Q2 2025: 156
Apple Inc. (NASDAQ:AAPL)’s plans to capitalize on AI developments have generated quite a bit of debate in the media. The discussions have caught Cramer’s attention as well. He commented on them regularly early in the year before switching his attention to the firm’s commitments to the Trump administration, US investments, and the latest iPhone launch. With two months having passed since the new iPhone was launched, Apple Inc. (NASDAQ:AAPL)’s AI strategy is back on the CNBC TV host’s radar. He hasn’t changed his views either. For instance, on May 29th, Cramer asserted that “Tim’s got the divisions, they just have to spend… Tim Cook will have the best, they’ll have the best AI.” In this appearance, Cramer commented on Apple Inc. (NASDAQ:AAPL)’s strong user base and the potential for the firm to secure a nice payout for providing access to it:
“. . .we need competition. But I don’t know, if you pay Apple, a nice sum in order to have it so you’re also the AI, you have 1.5 billion people, I would go into Apple right now and lock that deal.”
2. Intercontinental Exchange, Inc. (NYSE:ICE)
Number of Hedge Fund Holders In Q2 2025: 84
Intercontinental Exchange, Inc. (NYSE:ICE), the firm behind the well-known New York Stock Exchange, made a rare appearance on Cramer’s morning show. He has discussed the firm a handful of times in 2025 and has remained mostly optimistic. Cramer commented in March that he had been a “backer of ICE for a long time” and added in August that “there’s a raging bull market that’s hidden in plain sight… I’m talking about the bull market in the exchanges.” In this appearance, he discussed Intercontinental Exchange, Inc. (NYSE:ICE) after Walmart announced that it would shift to the NASDAQ exchange:
“Okay so it’s interesting to see InterContinental Exchange down today, they’re only down 21 cents. Well, Walmart’s moving to the NASDAQ. . . .Now what does it mean? I think that there’s always been a tug of war about this. is Walmart going to be better served on the NASDAQ than the New York Stock Exchange? I don’t think it’s a real edge to go over to the NASDAQ, but you could say, listen, my studio’s right here, maybe I’m a home team guy.
“[After Carl pointed out that shifting to the NASDAQ gave them a tech flair] Yeah, that’s what I’m, I, yes, I think that it does do that but I think the New York Stock Exchange is, do you really want to leave the stock exchange? To me, it’s still the premier place for capitalism.”
Cramer also discussed Intercontinental Exchange, Inc. (NYSE:ICE) in a Mad Money appearance on November 11th. Here is what he said:
“Finally, check out the daily chart of… the Intercontinental Exchange… This stock has been steadily collapsing since mid-August. This is ugly, but Lang thinks the heavy selling has finally stopped, given that ICE seems to have stabilized over the… past week after tagging the April low… At the same time, the Relative Strength Index, the RSI, see this, it’s just coming off extremely oversold levels. Very bullish.
“The MACD looks like it’s ready to cross over right here… As Lang sees it, the Intercontinental Exchange is giving you a low-risk entry point here if the stock is currently 1 cent below 152. But if it can break out above this level, he’s betting that will attract more buyers. Although this is a 2026 story, I agree with that.”
1. The Gap, Inc. (NYSE:GAP)
Number of Hedge Fund Holders In Q2 2025: 44
Apparel firm The Gap, Inc. (NYSE:GAP) is a frequent feature of Cramer’s morning show when it comes to turnarounds. Despite the fact that the stock is down 2.3% year-to-date, the CNBC TV host has continually expressed faith in the firm. Cramer shared in August that he was hearing that the firm’s CEO was “doing a good job.” The remark came after a May morning appearance where the CNBC TV host outlined that people were finally realizing that CEO Richard Dickson was “doing great work.” More recently, Cramer discussed The Gap, Inc. (NYSE:GAP)’s turnaround efforts through which the firm is streamlining its brand portfolio and streamlining operations. In this appearance, Cramer maintained his optimism for the The Gap, Inc. (NYSE:GAP) CEO:
“I’ve got Gap tonight. When Gap dropped to 21 last, I said this is ridiculous, you’ve just got to go buy the [omitted] out of it. It’s still only at 24. I really like it. Dickson’s doing a great job.”
While we acknowledge the potential of GAP 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 GAP and that has 100x upside potential, check out our report about this cheapest AI stock.
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