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 impact of the Justice Department serving the Federal Reserve with grand jury subpoenas and threatening criminal indictment as part of the Federal Reserve’s overhaul of its historic buildings. When asked about the reaction by the bond market, the CNBC TV host tied the performance to macroeconomic indicators:
“Well the bond market actually doesn’t react to the President, thank heavens. You know, look, we’ve got lower inflation, I think that things are better, I think that’s why we have a Fed chief that has really made a series of cuts that were rather aggressive. Despite the fact that we have a pretty good economy. The President would tell you that. David, does the President tell you every day that we don’t have the greatest economy in the world? Which usually means we got to be a little bit careful about inflation. Right now we’ve got a good economy, not a great economy, and plenty of reasons why rates can go lower. . .”
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 January 12th. 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. Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holdings: 166
Apple Inc. (NASDAQ:AAPL)’s been in the news as the year starts to settle. The firm made the news earlier this week after it announced that it would use Google’s Gemini to power an upcoming version of Siri. The announcement was key as far as Cramer was concerned since he had predicted that it would occur as the stock struggled at the start of 2026. Along with the CNBC TV host, analysts have also been busy discussing Apple Inc. (NASDAQ:AAPL)’s shares this month. For instance, Bank of America kept a Buy rating and a $325 share price target as it commented that strong services growth and iPhone demand could create favorable outcomes in the upcoming report. However, Keybanc maintained a Sector Weight rating, sharing that its spending index for Apple Inc. (NASDAQ:AAPL) had dropped below the three-year average. Cramer discussed the consumer technology company’s deal with Google, his discussions with SVP Services Eddie Cue, and the shares:
“Well look it’s nutty to try to figure out the impact away from that. But, you know, Carl you can sit there and you can think, who can’t be regulated by the government directly. Maybe they have a better shot. Would the President say, you know what I don’t like how much Apple is charging for services? They made too much money. Which is something we’re going to hear this morning, Apple just announced that service business is terrific, something which by the way is exactly the opposite of what Wall Street is saying.
“And by the way Carl, we’re not even talking about Apple having better than expected service revenue. Apple’s been down, down, down since the year began because people think the service revenue is going to be disappointing. That’s clearly wrong, we’ve got a statement on the tape today saying it’s actually pretty good, so let’s keep that in mind.
“You know Apple’s been a big dissapointer since the year began and the reason is frankly people felt that services were coming down, that literally the numbers would be too high for Apple because of that. I spoke to Eddie Cue, obviously very important number two at Apple, and it’s just the opposite. Services are incredibly strong, much stronger than people expect. All the people who thought that that was not the case are dead wrong. I think the numbers will come up, they can’t do that yet. And. Eddie also told me, look, Gemini’s the winner. It looks like Apple foundation model is going to be built on Gemini, there are a lot of people who felt that who is, maybe their going to do a fair look, they did, they did a fair look and they decided, Google is the best. So it’s really fabulous for Gemini, and I would argue, it is really good for Apple.
“Yes, those businesses are all better than expected. Now, services, fantastic gross margins. Apple should be up. The fact that Alphabet’s down is just plain stupid. That’s been a big winner all morning. So I just say those are the two places to go if you wanted to make some money, Eddie Cue, very optimistic, to me it seems the numbers are just plain too low, and the people who’ve been selling it, are dead wrong. You want to own Apple, not trade it, it’s been the right thing to do, it’ll be the right thing to do today.”
9. Warner Bros. Discovery, Inc. (NASDAQ:WBD)
Number of Hedge Fund Holdings: 70
Warner Bros. Discovery, Inc. (NASDAQ:WBD) is at the center of attention once again due to being at the center of takeover attention from multiple media giants. The bidding war started last year after Paramount Skydance made a bid for the firm. Paramount was later joined by Netflix and Comcast. Cramer and his co-host David Faber have discussed the deal on several occasions since it was announced. More recently, Cramer asserted that if Warner Bros. Discovery, Inc. (NASDAQ:WBD) was offered a higher offer price, then it might be more open to Paramount’s advances. However, Paramount seems to have lost patience, as after increasing the bid offer to $22.50 from an initial $19, the firm sued Warner Bros. and demanded that the latter share more details about the bid from Netflix. In this appearance, the CNBC TV host insisted that the lawsuit was the incorrect move:
“Yeah David, it’s curious, when I listened to your [inaudible] interviews with the chairman, we know where the CEO is, David Zaslav. This is not the way to get the job done. It’s kind of a big waste of time, and a lot of attorney’s fees for Paramount. David, isn’t it ironic that there is a price that you could pay, and Netflix has to lose, and yet they won’t pay it?”
Contrarius Global Equity Fund also discussed Warner Bros. Discovery, Inc. (NASDAQ:WBD) in its third quarter 2025 investor letter:
“Importantly, while there has been some rotation within the Fund, certain of the Fund’s holdings that have rerated are still regarded as extremely attractive. Our top three positions at 30 September—Tesla, Warner Bros. Discovery, Inc. (NASDAQ:WBD) and Paramount Skydance (Paramount)—have been amongst our largest holdings for some time. All three have been large contributors to performance over the past year. while Warner Bros. Discovery and Paramount have also performed well of late, they continue to trade well below our estimate of their intrinsic value. Their more recent outperformance should be seen in the context of their underperformance over prior years. While meaningful outperformers over the last year, both Warner Bros. Discovery and Paramount have been negative contributors over five years. We believe that there is substantially more value in both. Our Q2 2023 Quarterly Commentary discussed the investment case for both of these companies. In addition, while not necessary for our investment case, we believe that there are meaningful catalysts in the short to medium term from expected consolidation in the US media sector.”
