Jim Cramer, host of Mad Money, on Friday, commented on the latest employment data, pointing out that the report adds to what is already a challenging month for markets. He noted that September tends to be difficult for stocks, and the weak labor numbers released that morning did not help sentiment.
“We’ve all been conditioned to believe that good news is bad news and vice versa… If the economy’s too strong, we can expect the Federal Reserve will raise interest rates, bad for growth. And if the economy’s weak enough, the Fed will cut rates, good for growth and the stock market.”
READ ALSO: Jim Cramer Shared Insights on These 14 Stocks and Jim Cramer Shed Light on These 10 Stocks Recently.
However, Cramer stressed that not all bad news should be interpreted through this lens, as some of it is simply bad. Referring to the labor report released Friday morning, he described it as “very weak” and noted that this time, it might not provide the usual silver lining. He acknowledged that he, like many others, was hoping for a softer employment report to help nudge the Fed toward lowering rates, which would generally support higher stock prices.
He went on to say, “Let me put in a little ray of sunshine in the equation.” Despite the disappointing job figures, he believes the situation has not deteriorated to the point where unemployment is truly spiking. Instead, he described job growth as sluggish rather than collapsing. He explained that modest weakness in the labor market could still prompt rate cuts, which would likely stimulate sectors that have been underperforming, especially housing.
Cramer reiterated his long-held view that housing plays a disproportionately large role in the health of the economy. He said that it has ripple effects that it generates across industries. He went on to say:
“I’m not going to be a doomsayer here. I will say, though, that lots of stocks have moved up a great deal, and sometimes we forget that we are indeed in the month of September when money managers look for any excuse they can to ring the register.”
Our Methodology
For this article, we compiled a list of 10 stocks that were discussed by Jim Cramer during the episodes of Mad Money aired on September 5. We listed the stocks in ascending order of their hedge fund sentiment 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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
10 Stocks on Jim Cramer’s Radar
10. Preformed Line Products Company (NASDAQ:PLPC)
Number of Hedge Fund Holders: 10
Preformed Line Products Company (NASDAQ:PLPC) is one of the stocks on Jim Cramer’s radar. A caller mentioned that the stock appears undervalued despite strong performance and asked why it trades at a discount compared to peers in the industrial sector. In response, Cramer commented:
“Oh, now, you know what, that’s still one more of multiple stocks that are involved in the construction of the data center, and those, because there’s so many of them, they’re starting to trade at a discount. Don’t freak out, the business is good.”
Preformed Line Products Company (NASDAQ:PLPC) develops and supplies infrastructure hardware and systems for energy, telecommunications, and data networks. It offers solutions such as fiber optic cables, connectors, insulators, protective closures, and motion control devices. The company also provides drone inspection services, solar framing, and EV-related products, serving utilities, communication providers, contractors, and government agencies.
9. D-Wave Quantum Inc. (NYSE:QBTS)
Number of Hedge Fund Holders: 24
D-Wave Quantum Inc. (NYSE:QBTS) is one of the stocks on Jim Cramer’s radar. Answering a caller’s query about the company during the lightning round, Cramer stated:
“I have to tell you, we liked them very much when they were on. But you know what we really liked? We liked the quantum story that Arvind Krishna had to say when we were up at IBM. And that stock, by the way, is very inexpensive… I think IBM gives you a lot more than just quantum.”
D-Wave Quantum Inc. (NYSE:QBTS) provides quantum computing systems, cloud services, and developer tools, including its Advantage platforms, Ocean software suite, and Leap hybrid solvers. Cramer mentioned the company in an August episode and said:
“Or take D-Wave Quantum. I think quantum computing could be a huge way to disrupt almost everything someday, a faster way to do high-performance computing for certain. Rational, assuming you’re betting on this technology for the long haul, but is anyone really doing that? When I listen to what D-Wave wants to do when they came on our show, which is pretty much everything, and how it’s gotten the money to do so, largely by selling… stock to the memesters who bid it up, I say irrational, frothy.”
