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 asserted that he would cut interest rates if he became the Chairman of the Federal Reserve. His comments marked the end of a back-and-forth between him and co-host David Faber that lasted throughout the show. However, even though the CNBC host wanted to cut rates, in the end, he admitted that it was unlikely for him to become the Fed Chair:
“I’m gonna cut teaser rates first. That’s the one thing as a Fed Chair. But I’m gonna focus on teaser rates and then I’m going to give interviews to various people and kind of do it off the record. I like it as it is. It looks good to me. I feel like, no like Arthur Burns had that touch, I like it. Look what can I say? I’m not going to be Fed chair.”
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 July 23rd.
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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
10. The Boeing Company (NYSE:BA)
Number of Hedge Fund Holders In Q1 2025: 96
Cramer has discussed aerospace giant The Boeing Company (NYSE:BA) several times in his morning show this year. He has praised the firm’s turnaround and was among the first few to comment on its improved cash flow. More recently, the CNBC TV host has started discussing The Boeing Company (NYSE:BA) in the context of President Trump’s trade negotiations. In his earlier remarks, Cramer commented that Europe would find it difficult to target The Boeing Company (NYSE:BA)’s planes due to a shortage. This time, he commented on Japan promising to buy the firm’s aircraft as part of its trade negotiations with the US:
“Well look I mean the, the timeline of thing is to order planes from Boeing. If Boeing could make em, it would, Boeing’s got one of the biggest backlogs in history.”
Cramer also believes that The Boeing Company (NYSE:BA) is going to report strong quarterly earnings results next week. In an earlier appearance, he simply outlined: “By the way, Boeing’s gonna have a fantastic quarter.”
9. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders In Q1 2025: 328
Amazon.com, Inc. (NASDAQ:AMZN) is another stock that Cramer frequently discusses on his morning show. On several occasions, he has shared optimism about the firm’s Alexa Pro service and also remarked on share price levels. One major aspect about Amazon.com, Inc. (NASDAQ:AMZN) that Cramer has highlighted multiple times is how the firm’s dominance in the retail industry means that consumer goods companies have to work with it no matter what the circumstances are. The debate around the retailer has shifted more recently to prices and inflation. According to Cramer, Amazon.com, Inc. (NASDAQ:AMZN) CEO Andy Jassy hasn’t seen an impact from tariffs on the firm’s prices yet:
“Right well, I do think that, you know it’s gonna be inflationary and that’s what Powell’s worried about. But, Andy Jassy said so far the tariffs haven’t hurt Amazon.”
Previously, the CNBC TV host discussed a WSJ article claiming that Amazon.com, Inc. (NASDAQ:AMZN) had increased prices:
“[On WSJ piece saying they’ll keep prices low but raising them instead]Look I think that Amazon is an overall piece and I don’t know how much that includes Prime, where the prices were incredibly low. Amazon’s assured me that that story, didn’t say it’s this story exactly, but anybody who thinks that the prices are up, will take a look at Prime and think that’s not true.”
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.”
7. GE Vernova Inc. (NYSE:GEV)
Number of Hedge Fund Holders In Q1 2025: 111
GE Vernova Inc. (NYSE:GEV) is a power generation products provider that has primarily been in the news recently due to its exposure to nuclear power and the resulting catalysts from the AI data center build out. The firm’s shares have gained 86% year-to-date and jumped by a strong 14.6% in July. GE Vernova Inc. (NYSE:GEV)’s shares gained after it raised annual forecasts during its second quarter earnings. Cramer’s been a long-time fan of the stock, and he shared why:
“Well I’m so glad you brought it up because I’ve got to tell you I spoke to Scott Strazik this morning from GE Vernova. Look, you may have trouble getting GPUs, from Jensen, try to get the power, from GE Vernova, which is the only one who really has any. I mean, David, the backlog. Look he’s talking every day to Amazon, he talks to, well actually to every hyperscaler, but ones that are top of mind is Microsoft. David, there’s just not enough power. There’s not enough power.
“I’ll tell you how desperate they are. You know what they’re doing? They’re using aerojet engines, tying them up with other ways to move power to be able to have some sort of stopgap power for people. . .Carl, it maybe, and I saw Ben Reitzes has a piece this morning with Mellius, and it’s bigger like the railroad moment, he’s saying. You can’t get power!”
Previously, the CNBC TV host commented on GE Vernova Inc. (NYSE:GEV)’s earnings report before it was released:
“No, I think at this point, we’re going to wait for GE Vernova to come in. We had a great club meeting on Friday, and I really just kind of hang my head in shame that I didn’t even buy more, but there’s nothing to do. This thing is such a horse. It’s just been a parabolic move, up 70%. We’re going to get a report… next week. Maybe what we say is, let’s hear what they have to say.”
6. Capital One Financial Corporation (NYSE:COF)
Number of Hedge Fund Holders In Q1 2025: 93
Capital One Financial Corporation (NYSE:COF)’s merger with Discovery has made it one of Cramer’s favorite stocks in the banking industry. He is particularly enthusiastic about the potential for the firm to develop one of the biggest payment networks in America and eat away market share from Mastercard and Visa. This time, however, Cramer aimed higher and indicated that Capital One Financial Corporation (NYSE:COF) might also aim at American Express:
“Okay, now get this, David. Richard Fairbank, often considered to be the actual dean of banking and I bet you even Jamie, I mean he’s like Cher, would agree with that. He has put together a deal with Discover, it closed. I thought that this would never get the blessing of the Biden administration, but then, Harris didn’t win. So this gets approved. He’s now got the second exchange network after Amex. David, he’s going for it. He’s going to go for a worldwide card. And I would not bet against Richard Fairbank. Hence why it is up ten dollars of a quarter that was very confusing but it is clearly going in the right direction.
“But remember that multiple would still go up very big. And that’s why this stock is roaring today.”
In his earlier comments, the CNBC TV host discussed Capital One Financial Corporation (NYSE:COF)’s Discover deal in detail:
“The recent run is all about Capital One’s acquisition of Discover Financial in an all-stock deal valued at $35.3 billion…
“In simple terms, this acquisition gives Capital One ownership of the Discover Global Network, allowing them to scale up to become a truly global payments platform… There’s a lot more going on here. For starters, Capital One expects to realize $1.5 billion in cost synergies from this deal in 2027. They see another $1.2 billion in network synergies… All told, management believes this deal’s going to boost their earnings per share by 15% once we get to 2027, and that is substantial. I mean, this is a bank, you usually don’t get that kind of growth. The Discover deal also creates new opportunities for Capital One… After this merger, the combined company is the largest credit card company as measured by outstanding customer balances…
“… Put it all together, and it’s easy to see how capital stock could keep being rewarded with a higher price-to-earnings multiple. Right now, the stock sells for just 11 times next year’s earnings estimates, which makes it incredibly cheap versus American Express at 20 times earnings. I use Amex because it’s the closest comparison now that the Discover deal is closed…”
5. Visa Inc. (NYSE:V)
Number of Hedge Fund Holders In Q1 2025: 165
Visa Inc. (NYSE:V) is one of the largest payment processing firms in the US. Its shares have gained 13% year-to-date but have lost 4.8% since early June. The stock tumbled after progress on the GENIUS Act in Congress, which paved the way for stablecoins and an alternative form of payment in America. While Cramer rarely comments on the impact of stablecoins, particularly on his favorite merger between Capital One and Discovery, he did discuss the deal’s impact on Visa Inc. (NYSE:V). He believes the firm won’t emulate the scale of the network that emerges from the Capital One deal:
“[On why Visa won’t emulate Capital One’s attempt to create a major network] Because, they’re just an exchange, they only want to take a piece. They don’t really want any credit risk.”
Previously, the CNBC TV host discussed Visa Inc. (NYSE:V)’s valuation when compared to American Express:
“Okay, this is a very hard question because Visa and MasterCard are valued much more highly, I think, than American Express in terms of PE multiple. I want American Express of these three, and I’ll tell you why. I think America’s Express has got this younger demographic that is really exciting and not really built into the price-to-earnings multiple. That said, look, these are all great companies… I met with Mastercard’s management this week. I talked with Visa’s management. You’re not going to go wrong owning any one of these companies. They’re three of the best companies in America.”
4. Kohl’s Corporation (NYSE:KSS)
Number of Hedge Fund Holders In Q1 2025: 31
Kohl’s Corporation (NYSE:KSS) is an American retailer that sells a wide variety of products. Cramer has discussed the firm several times this year. His comments during the first quarter were mostly bearish as he believed that Kohl’s Corporation (NYSE:KSS) might find it hard to recover its sales. However, this time he struck a positive tone:
“But Kohl’s is not a great company. It has a balance sheet that’s not great. But I’ll tell you one thing that it does have. It had three suitors in the 50 to 60 area. And David, the suitors, were not, they were not clowns. . .they were legitimate people. And I’ve got to tell you. They refinanced debt. Now they did three terrible coupons. 10% refinancing. . .but they had no debt in the next five years! So I mean like, this guy, Michael Bender, the new CEO, he could turn it around! You do not want to be short this stock.
“I would say that the economy is strong, employment is strong. You don’t bet against a department store that has minus 4% comps with no debt that is due within five years with the possibility, not [inaudible], of a turn, not falling apart.
“[When asked what Kohl’s was worth how challenging retail is] 15.80. [Based on] it does have decent real estate it does have some good stores. . .it does have Sephora. . .which is very important. And, look, it didn’t really have a CEO, it had that terrible situation with that fellow who was doing some things that none of us would do. And he’s gone. It has a decent board. It’s just not, it’s not what you would go after. It’s not a Bed Bath.
“Kohl’s. Kohl’s is not bad, David. Good brand. A house brand. . . they’ve got very good kitchenware.”
Yet, he wasn’t a fan of Kohl’s Corporation (NYSE:KSS) as soon as earlier this month:
“We are experiencing a hundred trillion dollar wealth transfer from baby boomers to Gen X, Y, and Zers, and they’re cutting their teeth on stocks right now, doing just what I’m telling you. It’s easy to spot housing wins extended to beaten-down stocks like the Target or Kohl’s. I’m not a fan of Kohl’s…”
3. GoPro, Inc. (NASDAQ:GPRO)
Number of Hedge Fund Holders In Q1 2025: 12
GoPro, Inc. (NASDAQ:GPRO) is a well-known consumer electronics company that sells cameras. The firm’s shares have gained 30% year-to-date solely on the back of a 97% jump in June. GoPro, Inc. (NASDAQ:GPRO)’s stock rose during a fresh wave of meme stocks that once again caught investors by surprise. Cramer wasn’t impressed by the share price gain, and he doesn’t frequently discuss the stock either. Before the July jump, the shares had actually lost 39% year-to-date as the firm struggled with focusing on only one product and failed to diversify its product lineup. These have caused GoPro, Inc. (NASDAQ:GPRO) to post quarterly losses and significant drops in revenue. The CNBC TV host was succinct and blunt in his assessment of GoPro, Inc. (NASDAQ:GPRO)’s rise as he remarked:
“Those are pump and dumps I mean you know.”
2. The Wendy’s Company (NASDAQ:WEN)
Number of Hedge Fund Holders In Q1 2025: 31
The Wendy’s Company (NASDAQ:WEN) is an American restaurant chain whose shares have lost 31% year-to-date. The firm has struggled in a weak American consumer spending environment, particularly in the first quarter. Cramer’s previous comments about The Wendy’s Company (NASDAQ:WEN) have revealed that the stock has also struggled due to management turmoil, which saw the firm’s CEO leave just as President Trump announced his tariffs in April. While Cramer is bullish on some food chains such as Starbucks, he isn’t a fan of The Wendy’s Company (NASDAQ:WEN) and has advised viewers to avoid buying the firm. This time, he remarked on the firm’s earnings results, which saw its shares jump by 9.7%:
“Oh god, Wendy’s? They had such a horrible, they had the worst quarter. Wendy’s had a horrible quarter.”
Previously, the CNBC TV host discussed The Wendy’s Company (NASDAQ:WEN) in detail:
“Look, other than the fact that my wife loves Wendy’s so much, it’s just ridiculous, I’m not liking the stock. I mean, you know, they cut the dividend already. The dividend now is 5%. There’s something very wrong at Wendy’s, and the answer is you do not want to touch it. That happens to be a very tough industry, the burger industry. You want to stay away from Wendy’s.”
1. GameStop Corp. (NYSE:GME)
Number of Hedge Fund Holders In Q1 2025: 26
GameStop Corp. (NYSE:GME), the original meme stock, saw its shares gain 3.8% during the recent meme stock mania that sent some stocks soaring by as much as 97%. Year-to-date, the stock has lost 23% primarily on the back of a massive 26.6% drop in June. GameStop Corp. (NYSE:GME)’s shares fell as the firm announced plans for a major convertible notes offering. Cramer’s previous comments about the firm have remarked that it is now completely a cryptocurrency company, which, despite being better than a brick-and-mortar video game retailer operating in a digital-led market, isn’t that big of an achievement. This time, he commented on GameStop Corp. (NYSE:GME)’s balance sheet:
“GameStop, was able to offer stock and clean up the balance sheet which was never that [inaudible]”
Previously, the CNBC TV host commented on GameStop Corp. (NYSE:GME)’s business model:
“After the close, we hear from GameStop, which has now gone all crypto. While that’s a lot better than being just a gaming retailer in secular decline, that’s not saying much. So you’ll see the gaming stuff, and then you’ll see the crypto stuff, and the crypto stuff is what’s going to drive this stock higher, probably. Now, we got a very popular IPO this week. It’s called Circle Internet Group, which is a crypto platform that buyers went crazy for, so crazy that it’s gotten people buzzing about crypto outfits coming public that might otherwise not have bothered. And maybe that’s what GameStop can tap into. Look, I’m not a buyer of this. I’m just pointing out the storyline.”
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