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 discussed President Trump’s decision to announce a whopping 100% tariffs for American semiconductor imports. The decision is part of Trump’s strategy to stimulate American chip manufacturing, as the President believes that higher costs will force companies to domestically procure semiconductors instead of importing them. Commenting on the announcement, Cramer remarked that investors were still scrambling to sift through companies and decide the winners and the losers from the announcement:
“Yeah look I think that it’s a mad scramble. We’re all looking. We’re all, I don’t want to say that anyone has a master list, because I think in many ways, the President shot from the hip on this one. . . .What I’m focused on is, did Samsung go from being the, the advantage phone. . . there is without a doubt that Samsung was the favorite guy when it came to, came to the cost of your phone on Monday. After what happened yesterday, I question whether Samsung’s phone might be more expensive when this is over.”
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 August 7th.
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. Broadcom Inc. (NASDAQ:AVGO)
Number of Hedge Fund Holders In Q1 2025: 158
Broadcom Inc. (NASDAQ:AVGO) is one of the most important semiconductor design firms in the industry. Its shares have gained 31% year-to-date as investors remain bullish about AI’s future. Broadcom Inc. (NASDAQ:AVGO) is a key player in the AI industry due to its ability to design chips that could complement NVIDIA’s products in case of tight AI GPU supplies. Cramer’s recent remarks about the firm have praised the firm’s CEO, Hock Tan, and called him one of the most respected figures in the industry. This time, he commented on whether Broadcom Inc. (NASDAQ:AVGO) would suffer from President Trump’s semiconductor tariffs:
“But, I think that all of these companies you’re seeing there, like Broadcom, yeah they got exposure, but they sell to Apple, I mean, they make it in China, they sell it to Apple, that’s supposed to be okay.”
Here are Cramer’s earlier remarks about Broadcom Inc. (NASDAQ:AVGO):
“It’s the AI-related chips that are on fire today. . .Broadcom’s moving up again. That’s a giant company. Let’s again speak of the stock market rather than Sweden’s gonna do, what’s happening in Sweden. The stock market is reacting incredibly positively to stuff and there are people who don’t want to react to it or think that somehow those points aren’t valuable. I think they’re crazy. We’re having a good rally.
“[On stock being up 92%] That’s Hock Tan. He’s doing a fantastic job. My charitable trust owns that because a lot of it is that we met Hock Tan, when I was in San Francisco. I think he’s not nearly as respected as he should be. He’s a tough guy. In that industry, a lot of tough guys.”
9. QUALCOMM Incorporated (NASDAQ:QCOM)
Number of Hedge Fund Holders In Q1 2025: 82
QUALCOMM Incorporated (NASDAQ:QCOM) is a chip design company that sells products used in smartphones and notebooks. It is one of the largest firms of its kind, as its chips are used in a large portion of the world’s Android smartphones. QUALCOMM Incorporated (NASDAQ:QCOM)’s shares have lost 4% year-to-date as investors are worried about Apple shifting away from its modems to custom products. Wall Street is also worried about the impact of tariffs, and Cramer commented on QUALCOMM Incorporated (NASDAQ:QCOM) in the context of President Trump’s latest chip tariffs:
“But, I think that all of these companies you’re seeing there. . .yeah they got exposure. . .Qualcomm we’re not clear.”
Previously, the CNBC TV host discussed QUALCOMM Incorporated (NASDAQ:QCOM)’s CEO, Cristiano Amon:
“I did not find Qualcomm disconcerting because it was interviewed, he was interviewed with Jon Fortt and he’s a bit promotional but I do think he’s gotten what he needs.”
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