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 the latest inflation report. The CPI figures for November were released last week, and they were the first to hit the wires after the government shutdown prevented earlier releases. These inflation figures were a welcome surprise, as while estimates had expected prices to rise by 3.1% in November, the data showed they rose by 2.7% instead.
Within the data, another surprise came in the form of figures for shelter. As per the details, shelter climbed by 0.2% between September and November, which was slower than the 0.3% average increase in 2025. Cramer provided color to the data as he mentioned recent comments by homebuilding giant Lennar. On December 17th, as part of its third quarter earnings, Lennar had revealed that it had cut the average price of its homes by 10% to $386,000 from the $430,000 figure in the year-ago quarter.
Cramer discussed the home prices and shared details about car prices as well:
“You go to Gemini, you put in home prices, Lennar, and you’ll see way back, all the way back to 2019, before there was inflation, you know, but this is the fifth 40% inflation in housing, David. Done. Okay, then you look at Carmax, you look at cars, 8% decline, done. Then you connect the dots with this CPI and we are almost all the way back to Liberation Day and the direction is amazing.”
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 December 18th, and in his tweets. 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. Darden Restaurants, Inc. (NYSE:DRI)
Number of Hedge Fund Holdings: 31
Darden Restaurants, Inc. (NYSE:DRI) is an American full-service restaurant company that operates brands such as Olive Garden. The firm reported its second fiscal quarter earnings on Thursday and posted $3.1 billion in revenue and $2.08 in adjusted earnings per share. While Darden Restaurants, Inc. (NYSE:DRI)’s revenue beat analyst revenue estimates of $3.07 billion, its earnings missed estimates of $2.10. After the earnings, BTIG reiterated a Buy rating and a $225 share price target for the firm on December 19th. Stepehens also reiterated an Equal Weight rating on the same day, which followed the firm’s coverage on December 11th. On the 11th, it cut the share price target to $205 from $215. As part of its coverage, the firm commented that Darden Restaurants, Inc. (NYSE:DRI) was experiencing weaker trends at Olive Garden, but added that comparable sales at LongHorn Steakhouse appeared to be stable despite volatility in beef prices. During its earnings call, the firm’s CFO commented that high beef prices were affecting its margins. Cramer also discussed Darden Restaurants, Inc. (NYSE:DRI) in the context of meat prices and pointed to the role of chicken in the results:
“The reason why Darden did better than we thought, okay, is because, that’s about, salad. Chicken. . .he’s like he’s been to OG. . .OG is Olive Garden. . .that’s chicken.”
9. Micron Technology, Inc. (NASDAQ:MU)
Number of Hedge Fund Holdings: 105
Cramer discussed memory semiconductor firm Micron Technology, Inc. (NASDAQ:MU) after the firm’s fiscal first quarter earnings report on Wednesday. The solid set of results saw the firm report $13.64 billion in revenue and $4.78 in adjusted earnings per share. Both of these beat analyst estimates of 12.84 billion and $3.95. Cramer was quite hyped about Micron Technology, Inc. (NASDAQ:MU) ahead of its earnings. He tweeted before the release and wondered whether the firm could “re-ignite the year of Magical Investing?” or if it was a short squeeze instead. After the earnings, the CNBC TV host called the results refreshing and commented that “companies are actually paying Micron instead of Micron paying them to take their chips.”
Micron Technology, Inc. (NASDAQ:MU)’s results also saw Rosenblatt increase the firm’s share price target to $500 from $300 and keep a Buy rating on the shares. As part of its coverage, the financial firm cited that memory price strength and lower costs drove the performance. Discussing Micron Technology, Inc. (NASDAQ:MU) after the earnings, Cramer discussed coverage by Bank of America, JPMorgan, and Morgan Stanley, among others. BofA pointed out that the memory company had a strong balance sheet and would benefit from an extended supercycle. Cramer also mentioned a memory supercycle discussed by Wells Fargo:
“There are gating factors, and one of the gating factors is Micron. Because they are able to, Sanjay’s got, you know he’s got the latest, but it’s really just what he’s saying. But it’s really amazing, which is remember, AI demand acceleration, execution helped drive record quarter. In the quarter, he says, look we are able only to meet 50% to two-thirds of demand from customers. Their price is going up.
“. . .now here’s what the street is saying. Bank of America, stronger for longer, upgrade to Buy. JPMorgan, AI driven memory remains strong, outsized beat and raise. Morgan Stanley, Micron EPS guidance 75% above consensus. And then here’s what David never wants to hear, UBS, as good as it gets and then Wells Fargo, memory supercycle.
“Sanjay has a high bandwidth memory component, that is perfect for the data center.”
8. CoreWeave, Inc. (NASDAQ:CRWV)
Number of Hedge Fund Holdings: 62
CoreWeave, Inc. (NASDAQ:CRWV)’s at the center of Wall Street attention due to its role in the AI ecosystem. The firm provides computing infrastructure to AI software companies. The firm’s shares were downgraded to Neutral from Overweight by JPMorgan on November 11th, and the price target was cut to $110 from $135. As part of its coverage, the investment bank commented that while it saw great long-term potential for CoreWeave, Inc. (NASDAQ:CRWV), a third-party firm for data center construction was behind schedule. The trouble with the data center buildout has also crossed Cramer’s attention, with the CNBC TV host commenting recently that CoreWeave, Inc. (NASDAQ:CRWV)’s business model can carry through in the future. This time, acknowledged the struggles and stressed the need for discipline:
“But CoreWeave would tell you, we don’t have enough men, people, we don’t have enough materials. We are nowhere near being able to complete all this stuff that we need to. Again, that’s going to call for discipline. If we can’t make this stuff, then we’re going to slow things down.”
7. Oracle Corporation (NYSE:ORCL)
Number of Hedge Fund Holdings: 122
Oracle Corporation (NYSE:ORCL) is another key player in the AI ecosystem that has lately been at the center of media and investor attention. Its shares are down by 7% over the past six months as debate surrounds its future orders. Recently, Citizens maintained its Market Outperform rating on Oracle Corporation (NYSE:ORCL) and kept a $342 share price target. The financial firm commented that the data center company has a stable present value for its contracts and added that Oracle Corporation (NYSE:ORCL) could comfortably finance its building activities at a cost below yield. However, after Oracle’s second fiscal quarter earnings report, RBC Capital cut the firm’s share price target to $250 from $310, as it commented that while cloud growth was a positive sign, high capital expenditures and negative free cash flows weren’t. Cramer also commented on Oracle Corporation (NYSE:ORCL)’s need for financing as he built on his earlier remarks, where he opined that shares could lose more value if the company does not rein in its spending and “gets disciplined”:
“I think that Oracle is the linchpin, not OpenAI. . .Oracle needs to raise more money.”
6. GE Vernova Inc. (NYSE:GEV)
Number of Hedge Fund Holdings: 108
GE Vernova Inc. (NYSE:GEV) is an industrial machinery company known primarily for its power generation and nuclear power businesses. Financial firm Jefferies expressed optimism about the stock on December 18th as it increased the share price target to $815 from $736 and bumped the rating to Buy. Jefferies commented that GE Vernova Inc. (NYSE:GEV) power and electrification business outlook was impressive and added that recent share price dips were due to market sentiment about data centers. GE Vernova Inc. (NYSE:GEV) is also a top Cramer stock, as he believes that the firm is the only one capable of delivering nuclear plants for the data center buildout. Power generation also factored into his latest discussion about GE Vernova Inc. (NYSE:GEV):
“Yeah so we have two themes. One is we have the actual building the data center and the other is do you have enough power to do it? Now GE Vernova is the cheap way to it because they’re natural gas. The problem is that they did not increase the capacity, there’s only three companies that make natural gas generators. They are one of them. They have increased capacity but you can’t get one until 2030. You can in a queue, 2028, they’re sold out. The question is, 2029, can you begin to get it? This is the other gating factor that calls for discipline. . .by the way, the nuclear power situation that we’re hearing, that’s 2035.
“Look, my charitable trust owns it, it’s been a home run. But I will tell you, I don’t like all these calls, because what happens is, you don’t have a lot of pricing power, if you’re sold out. . .if you’re sold out, you can’t raise prices because I’ve already bought it at a certain price. . .I do not think, that this stock, which I love, which should be at 700, is anything but another call for discipline for those who want to put up endless numbers of data centers.”
5. Seagate Technology Holdings plc (NASDAQ:STX)
Number of Hedge Fund Holdings: 72
Seagate Technology Holdings plc (NASDAQ:STX) is a computer hardware company that makes and sells storage devices. Its shares are up by 243% year-to-date to make the stock one of the strongest performers on the market in 2025. December has seen Seagate Technology Holdings plc (NASDAQ:STX) become the center of attention of several analysts. For instance, Morgan Stanley bumped the share price target to $337 from $270 and kept an Overweight rating on December 17th. The analyst action came after Citi had maintained a Buy rating for Seagate Technology Holdings plc (NASDAQ:STX)’s shares and increased the share price target to $320 from $275 on December 2nd. The reason behind the optimism was the firm’s belief that AI-driven content creation can spur demand for storage devices by enticing data generators to retain their data for longer time periods in the hope of training future models. Cramer has previously discussed Seagate Technology Holdings plc (NASDAQ:STX) several times, and while he’s admitted that the gains are “remarkable,” he nevertheless holds the opinion that the firm is not a growth company. In this appearance, he discussed Seagate Technology Holdings plc (NASDAQ:STX) in the context of shares rising after Micron’s earnings:
“Others that would go up, once again, we’re gonna see Seagate go up. . .Those are not the ones to be in, they could go up.”
4. Western Digital Corporation (NASDAQ:WDC)
Number of Hedge Fund Holdings: 84
Computer hardware manufacturer Western Digital Corporation (NASDAQ:WDC)’s shares have gained 287% year-to-date to make it another top-performing stock in its sector. December has seen several analysts focus on the firm as the year approaches its end. The latest coverage came from Morgan Stanley on December 17th. In its note, the bank raised Western Digital Corporation (NASDAQ:WDC)’s share price target to $228 from $188 and kept an Overweight rating on the shares. Morgan Stanley explained that the sector was divided into two groups, one of which had benefited from optimism surrounding AI. The optimism from Morgan Stanley came after Citi had maintained a Buy rating on Western Digital Corporation (NASDAQ:WDC) and increased the share price target to $200 from $180, and explained that extended data retention times meant that the demand for storage products could grow. Citi’s estimates pegged the demand for enterprise hard disk drives to grow at a compounded annual growth rate (CAGR) of 20% through 2029. Cramer, whose previous comments about Western Digital Corporation (NASDAQ:WDC) have seen him assert that he wouldn’t take the shares “all the way up,” commented:
“Others that would go up. . .we’re gonna see Western Digital go up. Those are not the ones to be in, they could go up.”
3. Sandisk Corporation (NASDAQ:SNDK)
Number of Hedge Fund Holdings: 61
Sandisk Corporation (NASDAQ:SNDK)’s shares, like those of its peers, have also performed well in 2025. They are up by 560% year-to-date. The past month has seen several analysts share their opinions about the firm. For instance, on December 8th, JPMorgan initiated coverage of Sandisk Corporation (NASDAQ:SNDK)’s shares with a Neutral rating and a $235 share price target. In its note, the bank explained that while the storage manufacturer does have exposure to AI, the exposure is lower than that of its peers. JPMorgan added that the industry could see capacity disruption due to expansions planned for 2027. More recently, Benchmark maintained a Buy rating and a $260 share price target for Sandisk Corporation (NASDAQ:SNDK) on December 18th. In his previous remarks about the firm, Cramer opined that, despite the share price gains, Sandisk is not a growth firm. This time around, he discussed the shares once again:
“Others that would go up, once again. . .we’re gonna see Sandisk go up. . .Those are not the ones to be in, they could go up.”
2. Medline Inc. (NASDAQ:MDLN)
Number of Hedge Fund Holdings: N/A
Medical supplies and instrument firm Medline Inc. (NASDAQ:MDLN)’s shares underwent their public listing earlier this month. The firm raised $6.26 billion in the offering. Medline Inc. (NASDAQ:MDLN)’s IPO is among the few this year that has been backed heavily by players in the private equity market, with Blackstone, Carlyle, and Hellman all having held a stake in the pre-IPO entity after buying it in 2021. The IPO’s multi-billion-dollar capital raise also made it the largest IPO of 2025, which was striking given that Medline Inc. (NASDAQ:MDLN) is not exposed to or engaged in the AI industry. Cramer discussed the IPO on his Mad Money appearance and commented that the stock looked a “little too expensive” to him. In this appearance, he shared that he was impressed by the listing and praised the firm:
“I was very impressed by it. I did a piece last night, saying, it’s a little too high for me now, but, uh, it’s the kind of deal that I like to see. People making money on both sides. I think it probably comes in a little and then you can buy it. . .it’s a very good company. . .David this was the best one to start the process. Very good growth, accelerating growth.
“I like this company and I think that if you get it, 32, it would be good. And it can come down, we know that the IPOs with shares that have started too high and they come down.”
1. Rivian Automotive, Inc. (NASDAQ:RIVN)
Number of Hedge Fund Holdings: 36
Rivian Automotive, Inc. (NASDAQ:RIVN) is a California-based electric vehicle company. The firm’s shares saw quite a bit of action last week after Goldman Sachs increased its share price target on December 12th. Rivian Automotive, Inc. (NASDAQ:RIVN)’s shares closed 12% the day of Goldman’s coverage. After Goldman Sachs, Evercore ISI joined in and reiterated an Outperform rating and an $18 share price target on December 15th. Evercore explained that Rivian Automotive, Inc. (NASDAQ:RIVN) appears to be heading in the right direction with its autonomous driving platform. The investment bank added that the firm’s decision to build its in-house chip could accelerate autonomous driving and reduce long-term costs, particularly due to a lower reliance on NVIDIA’s products. The latest analyst coverage for Rivian Automotive, Inc. (NASDAQ:RIVN) came after Baird raised the share price target to $25 from $14 and bumped the rating to Outperform from Neutral. As per Baird, the R2 upgrade cycle, coupled with custom chips, paints an optimistic picture for the firm. However, Cramer disagrees with the analysts as he briefly commented:
“Rivian I feel was fatuous, they need to raise money as far as I’m concerned.”
While we acknowledge the potential of RIVN 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 RIVN and that has 100x upside potential, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.
