10 Stocks On Jim Cramer’s Mind As He Gives Up On Becoming Fed Chair

8. SAP SE (NYSE:SAP)

Number of Hedge Fund Holders In Q1 2025: 33

SAP SE (NYSE:SAP) is the world’s largest enterprise resource planning software provider. Its shares have gained 19.5% year-to-date but dipped by 5% in July after the firm’s latest quarterly results disappointed investors on the guidance front. While SAP SE (NYSE:SAP)’s €1.50 in EPS beat analyst estimates of €1.43, not only did its €9.03 billion in revenue miss analyst estimates of €9.09 billion, but the firm also left its full-year guidance unchanged. As a result, investors doubted SAP SE (NYSE:SAP)’s strong growth prospects. Here’s what Cramer said about the firm:

“[On firm saying the clients in tariff exposed industries are being more cautious on their cloud spend] Yeah, I thought that stock would be down much more. It’s a fan favorite, people really like them and some people felt they were just being conservative. I’ve had them on a number of times, they’re a very good company.”

Cramer previously discussed SAP SE (NYSE:SAP) in the context of the Trump administration’s cost-cutting efforts:

“[On how DOGE is impacting companies that provide government with services] Right, that’s the ServiceNow issue, that’s the ServiceNow issue, they have the most of the government. SAP issue. Oracle on Friday, absolutely.”