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.”
8. Corning Incorporated (NYSE:GLW)
Number of Hedge Fund Holders In Q1 2025: 67
Corning Incorporated (NYSE:GLW) is one of the biggest glass manufacturers in the world. It caters to the needs of the consumer electronics, semiconductor, networking, and other industries. Corning Incorporated (NYSE:GLW) is also a key Apple supplier, which meant that its shares rose after Apple announced a $2.5 billion investment in the firm to produce glass cover panels for the iPhone. Corning Incorporated (NYSE:GLW)’s shares also jumped by 11.9% after the firm’s latest earnings report. Cramer discussed the firm in detail in the context of its relationship to Apple:
“You know, I think they had to talk about Corning. Actually, I don’t know if you guys heard, on Squawk, but, they’ve been the favorite guys even when Steve Jobs ran it. Walter Isaacson knows more than anybody. . .what I think is amazing, I covered that family when I was at Goldman Sachs. They’ve been quietly making the best, including fiber. And what I think the president has to do, working with Tim Cook, is find others that can be like Corning. But it’s the history of being the best. We do not have the history of being the best for a lot of other products. That has to change. And I think everyone here is just saying, it won’t matter. No, I think this is a very significant expansion. I don’t take this lightly. I think that we’re gonna start a supply chain and this is how it starts. This is how the supply chain starts.”
7. Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holders In Q1 2025: 159
Apple Inc. (NASDAQ:AAPL) has recently seen its fate somewhat reverse on the stock market. The firm’s shares have gained 12% over the past five days as the firm appears to have smoothed over its frictions with the Trump administration after Apple Inc. (NASDAQ:AAPL) announced an additional $100 billion investment in the US and its CEO, Tim Cook, was well received by the President in the White House. Cramer discussed the recent developments:
“No but you can’t just say I’m gonna build an iPhone in America. You have to, move, you have to have a substantial amount of iPhone made in America. And this is the start. I don’t think that it’s going to be just glass is what I’m saying.
“Well assembling stuff has to be all by robot [for it to make sense in the US]. But look, like, our robots, the robots from Elon Musk, maybe they could do it [conduct tasks such as tightening fine screws in the iPhone].
“[On whether share price movements are justified by recent developments] Considerable short position. People really viewing this until yesterday as an AI play. Meaning it didn’t have AI. I think you should look at the full screen, the full screen of when I talked with Tim Cook. Where he was saying, I asked him, I said look, the President seems to be very [inaudible] about India, and he says, uh, no, good relationship. 24 different factories. What I’m saying basically is, that you could have, if you listened to that, you could have believed he’s got the deal. That’s the deal. By the way, you know what, Jensen Huang, he also came on Mad Money and said he had the deal. And people didn’t believe him.”
6. Ford Motor Company (NYSE:F)
Number of Hedge Fund Holders In Q1 2025: 39
Ford Motor Company (NYSE:F)’s shares have lost 3.90% over the past five days as the firm has struggled in the aftermath of President Trump’s latest semiconductor tariffs. Yet, despite the latest headwinds, the shares have gained 17% year-to-date as investors are relatively less concerned about trade tension-induced supply chain impacts on the firm’s business. Cramer also believes that Ford Motor Company (NYSE:F) might not suffer as much:
“And yet Ford stock is going from 10 to 11 in a quarter. What that says to me is that what we’re reading is not right. That stock does not easily go up. A 10% move in that stock is like, that’s glacial. . .I just think that Ford’s going to get a break here.
“I just think that Ford has the most made in America. Of these manufacturers. So that’s why I think that Ford’s up actually. Somehow I think they feel that they could get some relief. Because they are the largest makers of autos in this country. So why are they the most hurt? It is a little counterintuitive. And I think that their case will not be special pleading. I think it will be something the President will endorse. Not that, I wasn’t in the White House, but I think Jim Farley has a very good case that he should not have to bear the brunt because he makes the most in this country.”
5. Ralph Lauren Corporation (NYSE:RL)
Number of Hedge Fund Holders In Q1 2025: 45
Ralph Lauren Corporation (NYSE:RL) is a high-end apparel company whose shares have managed to weather the storm that has hit the broader retail sector. The shares have gained 25.5% year-to-date as investors believe that the firm can withstand tariff-induced headwinds. Cramer’s previous comments about Ralph Lauren Corporation (NYSE:RL) have outlined that the firm is setting itself up for long-term success as it enjoys the demand for its “timeless” products. This time, he discussed Ralph Lauren Corporation (NYSE:RL) and price hikes:
“I was speaking to Patrice Louvet, who’s the CEO of the great Ralph Lauren. They put up incredible numbers. And we were both saying, it’s a Fall thing. In the Fall we’re going to see higher prices. We will. But I’m not one who’s going to say, how high and that it’ll be terrible. And the reason I say that is because, every one of these companies when I talk to them, they say the same thing. Look we’re better at sourcing than you realize. We’re not gonna get hung. We’re not gonna raise as much. You may not even see it. A home is 10% more.”
4. Eli Lilly and Company (NYSE:LLY)
Number of Hedge Fund Holders In Q1 2025: 119
Eli Lilly and Company (NYSE:LLY) hasn’t been doing well on the stock market lately. The shares have lost 21% over the past month, primarily on the back of a 16% drop in August after the firm’s latest earnings. Cramer discussed why Eli Lilly and Company (NYSE:LLY)’s shares fell even though it posted a strong report, and mentioned CEO David Ricks’ comments regarding its weight loss pill trial. One reason the stock fell was that while investors were expecting the pill to cut weight by 14.5%, Eli Lilly and Company (NYSE:LLY)’s results showed a 12.4% reduction instead:
“Yeah and I think that when Dave was on he defended it by saying, the drop out, what really what we’re comparing it to is the placebo. Where there’s bigger dropout. And look, I love Dave, I think he’s great. But I think that what he’s comparing is not what Wall Street is looking for. And this is really just a case for, everything what Dave Ricks said was right, good chance it’s going to be approved, and, by the way, it’s tolerated well and but the fact is this that there is a whisper that I want people at home to, there’s a whisper in all this.
“Wall Street was really wrong. Really really wrong. I mean like I’m talking about, I’d like to know, who created the notion that this thing was going to be 14.50. Because I’ve got to tell you something, I think that if you were close to this, you would have this nailed. And I think the analysts, I think are the ones who are, need to be called to question.
“[On how healthcare stocks weren’t doing well] And then you had Lilly, which was the outlier and now Lilly’s no longer the outlier. It’s interesting that now you have a price-to-earnings multiple of Lilly that is no longer Palantir like, little exaggerated . . .but Eli Lilly’s joined the scrum of drug companies and that’s what I think happened today. It’s now part of the scrum.”
3. DoorDash, Inc. (NASDAQ:DASH)
Number of Hedge Fund Holders In Q1 2025: 81
DoorDash, Inc. (NASDAQ:DASH) is a food delivery company whose shares have gained 51.9% year-to-date. Driving the share price gain are multiple catalysts such as robust earnings reports and strong analyst coverage. Cramer’s previous comments about DoorDash, Inc. (NASDAQ:DASH) have discussed the firm’s partnership with Domino’s Pizza. This time, he was full of praise for the firm’s CEO, Tony Xu:
“It’s not a Mad Dash! It’s a DoorDash! This quarter, not only was it unbelievable, much, much better than expected but Tony Xu, in the Q&A put on a clinic about how much you get the cellphone, and you get the app in, you just order a lot of stuff. In addition, the advertising I think is the gross margin, this is like a mini Amazon, where they started making money, from advertising. I loved it. I love Xu, he’s so smart that you know you, he’s one of those guys that you read it, and you say why didn’t I think of that? I remember seeing him and he goes, when I owned that restaurant, and I said you can’t, you can’t, I’m using another company. And he suddenly, solicits me, as one of your clients. He goes, yeah. Why don’t you go check? I mean the guy went and bought it. He is so aggressive. In his own quiet way. I call him the velvet fist. He’s wearing a velvet glove, but inside, Mohammad Ali. I love him. I love him. Nothing to do with the President, nothing at all. It’s a delivery company. This guy is amazing. I don’t know about you, but people, as he said, there are three times a day that you might want to bump into his company. Three times a day, seven days in a week. A lot of times. 21 times. So anyway, even up here I’d buy it. I think Tony is great. I haven’t seen him on TV lately, he used to come on the show. He hurt my feelings. But that’s okay! I’m recovering.”
2. Firefly Aerospace Inc. (NASDAQ:FLY)
Number of Hedge Fund Holders In Q1 2025: N/A
Firefly Aerospace Inc. (NASDAQ:FLY) is the latest entrant on the stock market. Its shares have lost 28% since their IPO earlier this month. Firefly Aerospace Inc. (NASDAQ:FLY) is among the handful of new-age American space exploration companies that are seeking to expand the role of the private sector in an industry typically dominated by large government contractors. It operates a small-lift launch vehicle and a lunar lander. Cramer was quite optimistic about Firefly Aerospace Inc. (NASDAQ:FLY)’s debut on the stock market:
“Well we need these. We don’t have anything connected with rocketry goes higher, so could this double? Yeah, easy. I do think that, I’m not being facetious. . .this is a very exciting. . .Figma couldn’t put a man on Pennsylvania. This thing is David is so hot, you need to have hundreds of millions of shares offered in order to keep this thing down.”
1. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders In Q1 2025: 328
Amazon.com, Inc. (NASDAQ:AMZN) appears to have fallen out of favor with investors after the latest earnings season. The shares dipped by 9.6% between late July and August start after the firm’s latest earnings report cast doubt in investors’ minds about its cloud computing growth. Cramer’s previous comments have speculated that Amazon.com, Inc. (NASDAQ:AMZN) is losing market share because it is unwilling to spend money on NVIDIA’s GPUs and is focusing on using its in-house AI chips instead. He mentioned Amazon.com, Inc. (NASDAQ:AMZN)’s cloud computing once again during these remarks:
“We’re in the era, this is what happens, The two big overhangs in this market had been Apple waiting for the sword of Damocles and Amazon, trading down because Amazon Web Services is viewed as a share donor. Both of those seem to have been forgotten. David, the forgotten negatives there has been replaced by we’re dumping the big tariffs for now.”
Previously, Cramer discussed Amazon.com, Inc. (NASDAQ:AMZN)’s cloud business in its relationship to Microsoft’s Azure division:
“Let me give you two salient ones. First is Amazon, the company we know as a retailer, put up fantastic retail numbers when it just reported. It crushed in advertising, but when it came to its quiet Amazon Web Services division, the business where the big money’s made, the one that competes with Microsoft Azure division and Google Cloud, well, guess what? We got a whole new narrative. It was one of a penny-pinching Amazon, underspending and not buying the latest and greatest NVIDIA chips, the ones that young companies thrive on when they want to develop software. This narrative of Amazon being a share donor to OpenAI swept through Wall Street… But then yesterday, Amazon announced a deal with OpenAI that could be the beginning of an effort to catch up. Customers might not migrate to Microsoft Azure, which is joined at the hip with OpenAI. More important, it was a signal that the shorts had pressed their bets too hard and longs flooded into the stock that had been down 10% between Friday and Monday. This is Amazon. By midday, I wondered if the shorts didn’t get wise to the fact that Amazon’s no pitiful, helpless giant. If it wants to play catch-up, it will simply spend more money because it’s got it to spend.”
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