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 discussed the role that AI is playing in US history. The CNBC host called AI America’s “renaissance” and outlined that big technology firms were investing heavily in the space they were afraid of being outpaced by competitors. Cramer remarked:
“I mean this is, remember it’s American renaissance. Yes the Chinese have these great cars, okay fine. But we are doing so much that’s right. You have a Zuckerberg saying we’re going to dominate in this. Well he has to write big checks. So what does he say? We’re gonna write big checks. I’ve never seen anything like this. This is just, it’s just a time when everyone’s opening the purse because everyone, no one wants to be the last at AI.”
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).
11. Strategy Incorporated (NASDAQ:MSTR)
Number of Hedge Fund Holders In Q1 2025: 33
Strategy Incorporated (NASDAQ:MSTR) is a firm whose stock is synonymous with Bitcoin price movements. The firm holds more than $60 billion in Bitcoin. As a result, Strategy Incorporated (NASDAQ:MSTR)’s shares have gained 51% year-to-date due to bullishness in the cryptocurrency market and overall positive sentiment surrounding stablecoin legislation. In his previous remarks about the firm, Cramer commented that other companies love the firm because it buys crypto often with borrowed money. His recent remarks were rather cryptic:
“[On Cowen going to $680 and their Bitcoin bull case being 155k by December] Oh I know, I mean someone came to me, and said, hey Jim, we give you a lot of money, would you be the guy who would be the figurehead for our business about, you know one of the coins. I said no, first of all I’m under contract, I was kind of like Jamie [Jamie Dimon JPM CEO], I’m kind of like lukewarm on that. I was like I have a contract and I like my job. And the person came up with something interesting, what does that have to do with it?”
Previously, Cramer discussed Strategy Incorporated (NASDAQ:MSTR)’s Bitcoin buying strategy:
“They love Mister, that’s what we used to call it, MSTR, now, MicroStrategy, now Strategy. It fascinates this cohort because it’s a vehicle that buys crypto endlessly, often with borrowed money. Now, a lot of people wish they were MicroStrategy doing the same thing.”
10. Netflix, Inc. (NASDAQ:NFLX)
Number of Hedge Fund Holders In Q1 2025: 150
Netflix, Inc. (NASDAQ:NFLX) is one of the most frequently discussed stocks on Cramer’s morning show. He’s enamored with the firm primarily due to its sizable lead in the video streaming industry. Netflix, Inc. (NASDAQ:NFLX)’s shares have gained 41% year-to-date as the firm has benefited from strong earnings performance and subscriber growth. In his previous comments, Cramer has also praised the firm’s production approach for its ingenuity. This time, he commented on a recent analyst upgrade:
“[On Loop Capital increasing price target to $1,150] Alright so let’s do this. Go on the Netflix call, everything is what I want. There’s utility, there’s respect, there’s tremendous appreciation for all the countries that make product. It makes me feel terrific. They’re an American company that does a great job. . .you don’t need to be miserable and contemptuous.”
Previously, the CNBC host discussed Netflix, Inc. (NASDAQ:NFLX)’s earnings:
“After the close, we’re treated to the most delightful of conference calls, Netflix. First thing, I have a dearth of things to watch right now. It’s really starting to bug me. So I’m going to be listening to the conference call in part because they talk about all the great overseas programming. I get some terrific ideas of what to watch when I get home that night. The bar is very high for Netflix, though, which will have to tell us how their ad tier is going, how Squid Game did, and how NFL Christmas streaming football advertising’s looking.
If Netflix doesn’t deliver an outstanding number, though, I gotta tell you, there’ll be an awful lot of downside. We have so many price target boosts, even two today. I’d be a little nervous, even as I expect a good quarter.”
9. Palantir Technologies Inc. (NASDAQ:PLTR)
Number of Hedge Fund Holders In Q1 2025: 77
Palantir Technologies Inc. (NASDAQ:PLTR) is a data analytics firm that is one of the hottest stocks in its industry. The firm’s shares have gained a whopping 99% year-to-date as it has benefited from robust earnings performance and its potential to help the US government reduce costs under the Trump administration. Cramer’s previous comments about Palantir Technologies Inc. (NASDAQ:PLTR) have stressed that he has been one of the firm’s biggest bulls by predicting that the stock would cross $100 well in advance. His recent remarks reasserted the optimism for Palantir Technologies Inc. (NASDAQ:PLTR):
“I love what they do. Because I think that they are helping everything from consumer product companies to financials to trying to get the Pentagon to do the right thing. Good piece in New Yorker by Dexter Filkins about drones and I’m thinking more about that’s Palantir. I just think that, and the other guys at Palantir are all delightful. But you know, Karp has to be Karp. Look, you can be who you want.”
Earlier, Cramer discussed how he has been one of Palantir Technologies Inc. (NASDAQ:PLTR)’s biggest bulls:
“Okay, Palantir. When it was at $50, I said it was going to $100. When it got to $100, I said it’s going to $200. So, in that sense, the momentum is still with you, and it is not too late. Now, does it deserve that? These guys talk a big game. It’s a meme stock, okay. Like Robinhood, it’s a meme stock. The memesters won’t let the stock come in. It’s not a good reason to buy, but I’m telling you where it’s going.”
8. AppLovin Corporation (NASDAQ:APP)
Number of Hedge Fund Holders In Q1 2025: 96
AppLovin Corporation (NASDAQ:APP) is another new-age advertising company that enables advertisers to digitally manage and run their campaigns. Its shares have gained a rather paltry 3.8% year-to-date as they are yet to recover from a 53% drop in mid-February and early March. AppLovin Corporation (NASDAQ:APP)’s stock fell in the aftermath of serious short seller allegations against the firm. Cramer discussed and dismissed the allegations back then; however, the stock is yet to recover all its losses. The CNBC host kept up the optimism this time as well:
“I wish AppLovin would come on because they are actually a cash flow machine. And by the way, the head of the audit committee there is the CEO of Wynn, who is terrific. And, you know what, look, it’s tough to be these guys. Their stocks have been such rocket ships, but Vlad Tenev has been very humble. I think it’s humility that I’m talking about.”
Previously, the CNBC host remarked on AppLovin Corporation (NASDAQ:APP)’s market environment:
“Okay, the only thing I worry about is that I think another company can come in and challenge AppLovin… and if that happened, then I think you’d be in trouble because I don’t think it’s as nearly as proprietary as other people think. I know many companies that are gunning for them right now, and I want to be a little bit careful about that, but they’re a very, very good company. Very good.”
7. Freeport-McMoRan Inc. (NYSE:FCX)
Number of Hedge Fund Holders In Q1 2025: 84
Freeport-McMoRan Inc. (NYSE:FCX) is one of the largest copper mining companies in the world. Its shares have gained 15.9% year-to-date primarily due to AI-related catalysts. AI, which requires data centers, also increases the demand for electrical equipment and, by extension, copper. Freeport-McMoRan Inc. (NYSE:FCX)’s shares dipped by 6.6% in July after President Trump announced his copper tariffs. Cramer commented on the share price movement and the broader environment for Freeport-McMoRan Inc. (NYSE:FCX):
“Yeah I mean FreePort people feel copper’s run enough. I think that’s a mistake. Copper’s multiple year growth.
“I saw we had that downgrade of FreePort, uh, FreePort owns 48% of a mine called Grasberg. Which is the largest copper mine and is owned, the rest is owned by Indonesia. And Reuters reporting is that we may have a trade deal with Indonesia. So the last thing I want to do is sell FreePort. Because that makes me feel so much better about Grasberg. That has always been the political risk there.
“Not a small country for heaven’s sake. And I think that this could be very good for copper.”
Previously, he shared that he doesn’t want to own Freeport-McMoRan Inc. (NYSE:FCX):
“Then it was Freeport-McMoRan, that’s the copper miner. Copper’s been a loser for years, but periodically, the Chinese order tons of it, or we buy it in bulk for the data centers. I don’t want to own Freeport, even as copper is up 25% for the year. Freeport is a trading vehicle, and we don’t do that around here, but it certainly demonstrates the diversity of this top 10 list.”
6. DoorDash, Inc. (NASDAQ:DASH)
Number of Hedge Fund Holders In Q1 2025: 81
DoorDash, Inc. (NASDAQ:DASH) is a well-known food delivery company. The shares are up by a strong 38% year-to-date as the firm has benefited from strong earnings performance and analyst sentiment. DoorDash, Inc. (NASDAQ:DASH)’s fourth quarter earnings saw the firm beat analyst revenue estimates. However, the firm’s first quarter revenue of $3.03 billion, which missed analyst estimates of $3.09 billion, led to its shares falling by 13.8%. Cramer believes that the stock might be overvalued:
“DoorDash is the multiple’s too high. Come on. . .”
Previously, the CNBC TV host discussed DoorDash, Inc. (NASDAQ:DASH)’s advertising potential:
“DoorDash, up as usual 2%… Unlike most of the people around here, the older people I talk to, I pass no judgment about these people. You know why? Because they are buying very good companies… These are top-notch businesses that might have gigantic earnings power someday. You want to get in front of DoorDash, which may turn out to be an advertising powerhouse.”
5. Southwest Airlines Co. (NYSE:LUV)
Number of Hedge Fund Holders In Q1 2025: 40
Southwest Airlines Co. (NYSE:LUV) is one of the largest airlines in America. Its shares have gained 11% year-to-date after dipping by a sizable 26% between late March and early April. Southwest Airlines Co. (NYSE:LUV)’s shares fell during the tariff turmoil and worries about its impact on the broader economy and consumer spending. In his previous remarks, Cramer has wondered whether the firm’s shares were cheap. Southwest Airlines Co. (NYSE:LUV) made a major announcement earlier this year when it announced that it would start charging customers for their baggage. Cramer commented on the policy change:
“Southwest is actually not doing as well since they changed the luggage.”
Previously, the CNBC TV host discussed Southwest Airlines Co. (NYSE:LUV) in the context of other airline stocks:
“The airlines, they’ve been a mixed blessing between Delta bad, United good, the weak, and the strong. Which is Southwest, and which is American? I think they’re in the Delta camp, but their stocks are cheap. They may not stay that way.”
4. Costco Wholesale Corporation (NASDAQ:COST)
Number of Hedge Fund Holders In Q1 2025: 93
Costco Wholesale Corporation (NASDAQ:COST) is one of the largest retailers in America. It is also one of Cramer’s top retail stocks. The CNBC host has discussed the firm several times this year. During most of these appearances, he has maintained that Costco Wholesale Corporation (NASDAQ:COST), along with Walmart, can prove crucial in lowering prices for consumers. Cramer also believes that the firm’s scale can help it withstand any inflationary impacts in the economy. In his recent remarks, he maintained that Costco Wholesale Corporation (NASDAQ:COST) is the top stock in the retail space:
“I know you know people are cooling on this whole idea of, of anyone in that business. And I come back and I’m looking at Costco and I think Costco’s what you buy. But I’m a lonely voice in the wilderness right now.”
Previously, Cramer discussed Costco Wholesale Corporation (NASDAQ:COST)’s June sales:
“There was a lot of talk about Costco, same store sales, not great… Costco, which reported June monthly sales last night after the close, delivered 5.5% US comparable sales growth, ex gasoline, when the Street was looking for a 6. Woo, disappointing, right? How disappointing? How about enough to send the stock down almost 12 points today? Is that wrong or is that right? I think it’s wrong. I like Costco, the store, very much, and I’m always looking for a chance to buy Costco, the stock, on weakness for the Charitable Trust… And boy is it ever tempting if we didn’t own so much Costco already to do some buying.
Why? Well, Costco’s been a long-time position of the trust because I love to shop there, and I love the business model where the company offers a limited number of goods at ultra-low prices and makes its money on your membership dues. The most articulate defender of Costco was the late Charlie Munger, Warren Buffett’s right-hand man on the board of Berkshire Hathaway… To me, Costco’s hundred-point discount from its high is about as good as you’re going to get.”
3. The Goldman Sachs Group, Inc. (NYSE:GS)
Number of Hedge Fund Holders In Q1 2025: 77
The Goldman Sachs Group, Inc. (NYSE:GS) is one of the largest investment banks in the world. Its shares have gained 22.8% year-to-date on the back of growing deal activity in the US, which tends to benefit the firm. Cramer’s previous comments about the firm have pointed towards the increased deal making and its benefits to The Goldman Sachs Group, Inc. (NYSE:GS)’s shares. He has also remarked that the bank and its peers are trading at a significant discount to the broader S&P index. This time around, he commented on The Goldman Sachs Group, Inc. (NYSE:GS) earnings:
“I am very worried about Goldman tomorrow. Because David Solomon is not, he’s humble, there’s a guy who’s humble.”
The CNBC TV host discussed The Goldman Sachs Group, Inc. (NYSE:GS) and its peers in detail previously. Here’s what he said:
“Goldman Sachs, which we own for the Charitable Trust… let’s just say it’s had a smaller dividend payout than its peers for a long time, but also just announced a major 33% dividend boost. Now, even after that, the stock only yields 2.23%, but that is no longer chintzy… Goldman trades at 2.22 times book value… Goldman Sachs, JPMorgan, and Morgan Stanley have the most valuable franchises… Morgan Stanley and Goldman are two tremendous investment banks…
And look, when you judge the bank stocks on a price to earnings basis, you get a similar story… Goldman Sachs, JPMorgan, and Morgan Stanley are once again on the more expensive side, all selling for roughly 16 times earnings. To put that in perspective, though, the overall S&P 500 currently trades at close to 24 times this year’s earnings estimates. So, wow, these are outta whack. I would say they’re cheap… The strongest, Cramer fave, and former employer, Goldman Sachs, has rallied 25% [for the year]…
Still, with the banks featuring discount multiples compared to the overall market, you know what, I’m not so sure that the good times… necessarily have to end for this group. I think they can continue moving higher. The bottom line: In this environment, I bet the big banks are some of the best investments this year, yet still very inexpensive, at least on earnings versus the rest of the market, have more room to run, maybe much more. As for which ones you should own, well, that’s a personal choice. I’m very happy with Goldman Sachs and Wells Fargo. We own those for the Charitable Trust.”
2. Brown-Forman Corporation (NYSE:BF-B)
Number of Hedge Fund Holders In Q1 2025: 37
Brown-Forman Corporation (NYSE:BF-B) is one of the largest alcoholic beverage companies in the world. Cramer used to discuss the stock frequently in his morning show during the year’s first quarter. Back then, the CNBC TV host held the opinion that Brown-Forman Corporation (NYSE:BF-B) had dropped the ball on its iconic Jack Daniel’s whiskey. The firm’s shares have lost 25% year-to-date on the back of a disastrous 17.9% drop in June after the firm’s latest quarterly report missed analyst revenue and EPS estimates. Brown-Forman Corporation (NYSE:BF-B)’s $894 million in revenue missed $967 million in analyst estimates, while its $0.31 EPS also fell short of the $0.34 in estimates. Crucially, the firm also indicated that its revenue and income would fall during fiscal year 2026. This time, Cramer discussed potential European action against Brown-Forman Corporation (NYSE:BF-B):
“In the meantime, Europe is tough. What do they want to go after? They want to go after Jack Daniel’s. I mean enough already with the Jack Daniel’s.”
The CNBC host analyzed Brown-Forman Corporation (NYSE:BF-B) in detail after the firm’s earnings report. Here’s what he said:
“But the worst one, Brown-Forman, the maker of Jack Daniel’s, which reported a truly terrible quarter. Although if you read the press release propaganda, you might have thought everything’s fabulous. Of course, when you look at the stock, which plummeted nearly 18% today, you’ll notice that it finished even worse than Tesla stock, which is saying something given the war of words between Elon Musk and President Trump, one of the worst spitball competitions I have ever seen.
The conference call for Brown-Forman, which used to be a terrific investment, was surreal. They took whatever they could find that was at all good, and there wasn’t much, and that’s all they really wanted to talk about. You think this whole company is Woodford Reserve, which was the best-performing liquor. Of course, the analysts weren’t buying it, not one bit…
There’s the brand issue. Somehow, Jack Daniel’s just isn’t selling as, the way as it used to. Hey, by the way, same goes for their biggest tequilas, like el Jimador and Herradura, two mainstays that both declined 13% in the fiscal year that just ended in April.
It’s not their forte or a needle mover, but those are horrendous numbers. After all, one of the few bright spots in the entire liquor business is the agave spirit, and yes, think margarita, but it’s not so bright for Brown-Forman. Amazing. As badly as they’re doing in whiskey, they’re actually doing worse in tequila. Wait, there’s a silver lining: Whiting points out in the call that spirits continue to take share from beer and wine.”
1. The Boeing Company (NYSE:BA)
Number of Hedge Fund Holders In Q1 2025: 96
The Boeing Company (NYSE:BA)’s shares have experienced a turnaround in 2025 as they have gained 33.7% year-to-date. The stock has been helped by growing aircraft deliveries and resolving production issues – two factors which held the firm back last year. In his previous remarks about The Boeing Company (NYSE:BA), Cramer has asserted that the stock is experiencing a breakout, which is part of a stock market driven by themes. This time around, he dismissed the possibility of The Boeing Company (NYSE:BA) being caught in the trade negotiations between the EU and the US:
“Well Boeing they’re just gonna hurt themselves. Because they need Boeing, cause there’s not enough Airbuses. If the FAA were to allow Boeing to be able to raise the cap, we could crush it. We being our country. There again, I’m saying it. I admit that I’m an American and I’m proud. And I’m lucky.”
While we acknowledge the potential of BA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BA and that has 100x upside potential, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.
