In this piece, we will look at the stocks that Jim Cramer recently discussed.
In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer wondered whether President Trump wasn’t getting credit for economic growth. Trump’s Big Beautiful Bill has caught Cramer’s attention as the CNBC TV host believes that some of the bill’s provisions can help stimulate the economy:
“One of the things people are almost reluctant to say, there’s a, although Ken Langone may have given you the leeway, is that Trump has been pretty good for growth. He’s very favored, the things in the Big Beautiful Bill that are about R&D credits and about all sorts of ways that you can accelerate the capital cost to make it so you don’t have to pay as much income tax. These are all really, really bullish. The President tends not to speak about those because they’re kind of opaque. But you’re hearing bankers saying, look the atmosphere looks better. And we want to be more impressive, we are not seeing any loan losses. . .like I see the banks down, I say well remember they have been the hottest group. . .”
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 15th.
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. JPMorgan Chase & Co. (NYSE:JPM)
Number of Hedge Fund Holders In Q1 2025: 129
JPMorgan Chase & Co. (NYSE:JPM), the world’s largest private bank, reported its earnings on Tuesday. The results saw the bank report $5.24 in earnings and $45.68 billion in revenue, with the revenue beating analyst estimates of $44 billion. Cramer discussed JPMorgan Chase & Co. (NYSE:JPM) and its CEO, Jamie Dimon, in detail after the earnings:
“[When asked if JPM was the best of the bunch during earnings season] Right now, yeah. Now people are going to say Citi, no matter what. That’s just what they do. There’s a halo around Citi. I wanted to screw with a lot of the action stocks. I think JPMorgan is actually much better. It was up a couple of bucks when it started, uh, it’s just a clean number.
“Look you got a guy that runs JPMorgan. And you know he’s just a downer. Um, what’s he talking about. Independence of the Fed is critical, you know he wants to be a total spokesperson, uh, look I think, you know you’re worried about credit spreads, they’re not where they should be. No, I want a bank that lends. And JPMorgan lends. And I think that, I wish he’d just said that things are real good.
“[On Dimon saying that the Fed should be independent] Okay, absolutely, it is great that someone is saying it. It’s probably even a challenged position these days and I’m glad Jamie’s taking it. But when I look at the stock, when I’m as small as I am, in terms of looking at the stock, it was doing great in the morning. And it should be doing great, how about that. This was a great quarter. And Jamie comes in, and does what he has to do, to defend the institution of the Fed. . . .but the problem I felt was like, don’t distract yourself, do a speech later, your quarter was amazing. Just bask in it. Huge beat.
“It’s everything you want and the stock should be up three to four bucks.
“Like I’m looking at these banks. . .I’m looking at JPMorgan and I’m thinking, what do people want for heaven’s sake? You should be looking at its price-to-earnings multiple. And the price-to-earnings multiple of this machine that is JPMorgan is 15. Well, how can it be so much lower than a cereal company?”
9. Wells Fargo & Company (NYSE:WFC)
Number of Hedge Fund Holders In Q1 2025: 88
Banking giant Wells Fargo & Company (NYSE:WFC)’s shares have seen tailwinds recently as regulators removed restrictions on the bank that were levied after an accounting scandal. In his previous remarks, Cramer has discussed the bank and his CEO and expressed optimism about the direction that Wells Fargo & Company (NYSE:WFC) is heading in. He kept up the optimism after the bank’s latest earnings report:
“The Wells is really important. Because there are some things that people don’t understand. I spoke to Charlie this morning. Charlie Scharf, CEO. The issue with Wells is that they are actually transitioning to a bank that’s going to lend a lot more than just look for net interest income. And in order to be able to reposition themselves like that, you’re gonna see a drop in NII but they haven’t been able to lend the way they would like to, they haven’t been able to use capital they would want to. Now did he communicate this well enough? You know Charlie is, Charlie just says listen why don’t you just read it and figure it. out. I like Charlie very much but I think people are not gonna do that. They’re gonna say, oh, net interest income down, they’re not gonna listen what Charlie’s really saying which is the bank’s back. We are a lending bank, we are a trading bank. We are an investment bank. And we’re gonna use the money. We’re not gonna just have the money sitting there please Wall Street. I say amen, buy the stock.
‘He struggles to say that that the things are stronger. That the people, that it’s not weaker at all. I’m glad you mentioned best bank. Remember this guy’s in a difficult transition. In the sense that he just got this cap lifted of what he can do. So he’s focused on playing offense. Now the street wants defense. The street wants you to sit there and make money on the interest curve. And he’s saying, no, we’re not gonna do that. We’ve been waiting for the cap to end. Now we’re going to charge. Now let the stock come down if you want to I mean. Stock’s been the best performing. But one of the reason why it’s been the best performing is Charlie’s reinventing Wells into a machine. Now I think people forget that Wells used to be the premier bank with the highest price-to-earnings multiple. It’s also the Warren Buffett bank admittedly, and that’s no longer the case. But I’m thrilled with what he’s doing, it’s a very large position for our charitable trust and I just can’t wait to buy more.
“[On how WFS wants to make up for limitations on share] Carl, I don’t know why people don’t see that that’s happening. I think people just look at that one line they say sell, And, they should listen to what Charlie’s saying. Which is that we’re back. We’re no longer, we’re no longer constrained. We’re no longer restrained. I’ve been telling Charlie that he’s Prometheus unbound.”
8. Huntington Bancshares Incorporated (NASDAQ:HBAN)
Number of Hedge Fund Holders In Q1 2025: 47
Huntington Bancshares Incorporated (NASDAQ:HBAN) is an Ohio-based regional bank that caters to the needs of retail and commercial customers. Its shares have gained a modest 2.3% year-to-date and are up by 31.8% after falling by 17% in April after President Trump’s Liberation Day tariff announcements. Huntington Bancshares Incorporated (NASDAQ:HBAN)’s. shares have experienced some turbulence in July after disappointing results from regional banking peer FB Financial’s results missed analyst estimates and appeared to affect the stock. Cramer discussed Huntington Bancshares Incorporated (NASDAQ:HBAN) ‘s CEO, Steve Steinour, who remains optimistic about the mergers and acquisition environment in the US. The CNBC host mentioned the bank’s acquisition of Veritex Holdings for a $1.9 billion price tag through which Huntington Bancshares Incorporated (NASDAQ:HBAN) aims to expand its presence in the key Texas metropolitan areas of Houston and Dallas. The acquisition appears to have made the firm’s CEO quite optimistic about the deal-making environment in the US:
“I had Steve Steinour last night and he said listen it’s a better environment. It’s better. They made an acquisition. . just listen it’s better environment. They want you to lend, they want you to do business”
7. BlackRock, Inc. (NYSE:BLK)
Number of Hedge Fund Holders In Q1 2025: 67
BlackRock, Inc. (NYSE:BLK) is one of the biggest asset management firms in the world. The firm’s shares dipped by 5.9% on Tuesday after its worst earnings day in a decade, which initially saw the shares fall by 7%. BlackRock, Inc. (NYSE:BLK)’s stock was hit despite the fact that its second quarter AUM sat at a new record of $12.5 trillion. Investors fled after the firm disclosed a $52 billion withdrawal from an Asian client that led to BlackRock, Inc. (NYSE:BLK)’s long-term net inflows dropping to $46 billion for a 9.8% annual drop. Cramer discussed the withdrawal and the firm’s earnings results:
“By the way, Blackrock had some episodic, an episodic pullout of some money. Yeah it was a revenue miss but I do point out that, when I look at the thing. Look, flows were softer than they expected, driven by one big redemption. Mix of flows skews towards higher rates which drives organic basic fee. In other words, the money they have coming in, they’re making more money on. But the stock’s, Blackrock had been the hottest coming into the quarter, for the last two weeks! It was up 25%. And so you have Blackrock everyone expecting a big quarter. And they gave an okay quarter.”
Earlier, the CNBC host called BlackRock, Inc. (NYSE:BLK) an “exciting” story:
“Yet, you know what the most exciting story might be? I think it might be BlackRock. Yes, the stock that caught fire recently, even after many investors had lost faith in it. That never made sense to me. BlackRock’s the largest asset repository in the world and has a new infrastructure component that I sure wish I could get a piece of, but it’s only for 401Ks. I bet CEO Larry Fink will tell a very positive story, more than justifying the stock’s recent breakout.”
6. American Express Company (NYSE:AXP)
Number of Hedge Fund Holders In Q1 2025: 75
American Express Company (NYSE:AXP) is one of the largest travel services providers and payment platforms in the US. Its shares have gained 4% year-to-date as the firm has struggled with consistent reports of weak consumer spending. In his previous comments about American Express Company (NYSE:AXP), Cramer has maintained that not only does the firm have a solid portfolio of cards that resonate with younger shoppers, but also that consumer strength in America is stronger than believed. His recent remarks discussed American Express Company (NYSE:AXP)’s earnings report:
“And when they report, the stock always gets hit. So, look this is the hardest problem. Goldman Sachs had downgraded, the stock was up seven. And it’s like, uh, darnnit, I don’t want any fluff going into the quarter. Every one of these had fluff going into the quarter. So we’re all kind of, except for Citi.
“But American Express would be down ahead of, on the quarter. . .this is a good opportunity for American Express stock to go down so Steve Squeiri can actually say things so the stock won’t get hit”.
Earlier, the CNBC TV host discussed American Express Company (NYSE:AXP)’s earnings and what viewers should do ahead of the results:
“Then on Friday, there’s American Express, which is another stock that tends to sell off when it reports, no matter how good the numbers are. That’s why I always tell you to wait until the selling subsides if you want in this time… I don’t know what they’re thinking about, the sellers… They’ve been wrong for 150 points. Look at that stock. Listen to the call.
This company has a unique beloved product that young people cherish. What’s not to like? Steve Squeri, CEO, one of the great ones, well, he’ll have a terrific call and he will, you know what, he will tell us about why American Express card has now become not a product of a different era, our parents’ era, but a product of everyone. Everyone wants the thing. It’s prized. That stock’s going higher.”
5. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders In Q1 2025: 212
NVIDIA Corporation (NASDAQ:NVDA) scored a big win in July when the firm announced that it was accepting orders for the China-specific H20 GPU after being hopeful about the Trump administration potentially granting export licenses for the AI chip. Cramer discussed the developments and the key role NVIDIA Corporation (NASDAQ:NVDA) Jensen Huang had to play in the development:
“They’ve got something too. Lisa Su’s got something that I wanna just go over what happened this weekend. The President met with Jensen. Jensen is, he’s, I call him DaVinci, he’s a charming DaVinci. He’s really hard to resist. And if you go, and listen to Mad Money when Jensen was on last, everyone was thinking he’s going to get shot down. And he said no, he has tremendous faith that this process would work. He talked to the President about the idea that the dollar is the reserve currency, and you want NVIDIA’s chips to be the reserve currency. You want everyone to know that everything is built around NVIDIA. That’s going to help because 50% of the engineers in the world are in China. You don’t want them to be the reserve currency, you want us. Apparently that was very persuasive for the President. And it should be. Because what it says is, we’re unbelievable, let’s take credit, it’s only going to help us. Let us in. The second chip is for construction. It’s a, what you call a digital twin where you build a model where you. . .This is a huge win. Other than Jensen I don’t know a soul who felt the President would change his mind over this. Not a soul. But Jensen was convinced that if he just explained why this is about American dominance, the President would believe it.
“He said look this is we’re gonna be the, I love that reserve currency line, you know when he said it, when they were putting that out, I said wow I don’t know, that’s a good one. Because before it was kind of like look we don’t want them to develop their own. . .but when he came out with this idea that America must be triumphant. I think it really resonated with the President. . . I think that Jensen made a case that we are the supreme leaders of the world, let’s not take it down and give the Chinese the edge. And the President really liked that. Because some of the President’s advisers were like, he’s too close to China.
“[On analyst upgrades] No I thought that Ben Reitzes’s next up five trillion was a really cogent piece. These are big surprises. Look, these are huge surprises to anybody who’s been following NVIDIA closely because it looked like a lost cause. And, Jensen, if he can get with the President and explain it, the President would understand. The President he got with Jensen, the President understood. He reversed this. They didn’t get the chips that they wanted. They got powerful chips but not the ones they wanted.
“[On whether Huang had more juice with Trump than any other CEO] Yes, absolutely.”
4. Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holders In Q1 2025: 159
Apple Inc. (NASDAQ:AAPL), the world’s largest consumer electronics firm, has had a rough 2025 as the shares have lost 13.6% year-to-date. The weakness in the share price has caught Cramer’s attention. The CNBC TV host believes that Apple Inc. (NASDAQ:AAPL) needs to make an AI acquisition to catch up with rivals. Yet, he also believes that talk about CEO Tim Cook’s resignation is premature. Cramer believes that a potential Cook successor should be hardware-focused. This time, he discussed what the Apple Inc. (NASDAQ:AAPL) CEO might have to do in order to achieve the same clout at the White House as NVIDIA CEO Jensen Huang:
“[On what would it take for Cook to have the same clout with Trump as Huang] Well you know what’s funny, they have the MP Materials deal today. Put in 500 million dollars. . .This is for recycled metals. But Tim Cook has to do, and I feel bad telling Tim Cook, like who am I, sorry Tim. But what he has to do he has to spend that 500 billion over four years. He has to front load it. He has to say, listen, I’m committing a 100 billion right now in Montana and what we’re going to do is we’re gonna have the largest, we’re gonna have the largest part of the cellphone ever right here. And then, you know what the President would do, the President would say I never want to see a Samsung phone, ever.”
Previously, the CNBC TV host discussed Apple Inc. (NASDAQ:AAPL)’s CEO in detail:
“[On analysts saying Tim Cook should leave] I wanted to say, I thought it was outrageous. I thought that was outrageous. I wish that I could’ve, that I would love to be able to be Tim Cook and say what I’ve done for the shareholders. And it’s just incredible. The amount of wealth that man has created. I mean that’s like when I saw, at one point today I saw in premarket that NVIDIA was down. I was going to call for Jensen’s firing. . .I mean come on. . .you know Jensen has to go. Can we like stop? Like stop? Like Tim Cook’s great.”
3. Eaton Corporation PLC (NYSE:ETN)
Number of Hedge Fund Holders In Q1 2025: 85
Eaton Corporation PLC (NYSE:ETN) is one of the largest power management products providers in America. The firm’s shares have gained 9% year-to-date but are still down 1.9% from their pre-DeepSeek selloff in January. Eaton Corporation PLC (NYSE:ETN)’s stock, like the stocks of other data center plays, was pummeled after investors questioned whether lofty expectations about AI demand would materialize. Cramer discussed the bearish sentiment and commented that the trend has now reversed:
“No I mean data centers are the story again. Pennsylvania data centers. The building of them would be CoreWeave, the President’s going to Pennsylvania. Pennsylvania being a hub for all these. Everyone wants to play the parts of data center again. It really cooled in April. No one cared. The stocks got killed. But Eaton put out a release saying accelerated transformation of data center infrastructure, in the AI era with NVIDIA. This is power management. You need power management, it’s very much to be able to have a data center. They wanted to have best practices, reference architectures. I think that you can go back to these stocks.”
Cramer discussed Eaton Corporation PLC (NYSE:ETN) after its first quarter results. Here is what he said:
“It is unbelievable. That quarter was not that bad. I can’t believe what’s happened to the stock. We think it should be bought on the spot right now.”
2. Caterpillar Inc. (NYSE:CAT)
Number of Hedge Fund Holders In Q1 2025: 62
Caterpillar Inc. (NYSE:CAT) is a mega agricultural and construction machinery provider. The firm’s shares have gained 13% year-to-date. However, the stock might have been worse off had it not been for increased data center construction activity. Wall Street and technology giants are increasingly bullish about AI, leading to some, like Meta’s Mark Zuckerberg, aiming to build data centers that are the size of Manhattan. In his previous comments about Caterpillar Inc. (NYSE:CAT), Cramer has commented that the firm has benefited from the data center build outs. He kept the optimism this time around as well:
“No I mean data centers are the story again. Pennsylvania data centers. The building of them would be CoreWeave, the President’s going to Pennsylvania. Pennsylvania being a hub for all these. Everyone wants to play the parts of data center again. It really cooled in April. No one cared. The stocks got killed. . . . think that you can go back to these stocks,. . .Caterpillar’s there. . . .You want to be there again, because the building is continuing and I just feel like, wow it’s a pretty good time.”
Previously, the CNBC TV host discussed Caterpillar Inc. (NYSE:CAT) and the data center build out:
“[On Melius pointing out that bubbles remain a worry] Well what are you going to do when you out one of those up, they really, they really like CAT. . . .look I think that the buildout, you can’t do what Amazon wants, and Alphabet wants, and, of course what Musk wants, what Zuckerberg wants, without more data centers. It’s just a, it’s remember, Jensen Huang, it says it’s an industrial revolution, and it would be like if you were doing steam engines and you said you know what we don’t need as many steam engines, I can predict.”
1. Vertiv Holdings Co (NYSE:VRT)
Number of Hedge Fund Holders In Q1 2025:
Vertiv Holdings Co (NYSE:VRT) has been one of Jim Cramer’s top data center stocks in 2025. The firm’s shares have gained 6% year-to-date as they are yet to claw back all of the losses incurred during January’s DeepSeek AI selloff. Vertiv Holdings Co (NYSE:VRT)’s shares are still down by 18% from their level before the selloff. Cramer discussed the poor performance as he remarked that the data center sector had suffered from bearish sentiment, but the trend appeared to be reversing. His comments about Vertiv Holdings Co (NYSE:VRT) came in the context of a $90 billion investment in Pennsylvania data center by technology and financial services firms:
“No I mean data centers are the story again. Pennsylvania data centers. The building of them would be CoreWeave, the President’s going to Pennsylvania. Pennsylvania being a hub for all these. Everyone wants to play the parts of data center again. It really cooled in April. No one cared. The stocks got killed. . .I think that you can go back to these stocks, Vertiv got hit the other day because people felt that Amazon wasn’t going to use them. That’s not true. . . You want to be there again, because the building is continuing and I just feel like, wow it’s a pretty good time.”
Earlier, the CNBC TV host discussed Vertiv Holdings Co (NYSE:VRT) and other companies:
“Well, we spent a lot of time today, Jeff Marks and I, and Ben Stoto, talking about how really significant that Amazon note is. Now, I happen to think Vertiv’s a fabulous company, and I believe that you’re getting a chance to buy it again… Look, Amazon makes a lot of very, very good products. They do it themselves, but I think that right now, Vertiv is really hard… Jensen Huang, by the way, went to the White House today, and you know what? I bet you, the president didn’t trash that guy. No, I bet you he congratulated him.”
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