11 Fresh Stocks On Jim Cramer’s Radar

4. Snowflake Inc. (NYSE:SNOW)

Number of Hedge Fund Holders In Q2 2025: 100

Snowflake Inc. (NYSE:SNOW)’s shares surged by a massive 23.7% earlier this week after the firm’s second-quarter earnings report. The firm, like other enterprise software peers, has struggled in the AI era as investors have questioned its growth trajectory. These investor concerns stem from the fact that AI could allow businesses to develop software in-house and reduce demand for Snowflake Inc. (NYSE:SNOW)’s products. As a result, there’s pent-up momentum in the sector, which was evident as the stock soared after the firm raised its annual product revenue guidance to $4.4 billion from an earlier $4.33 billion. Here is what Cramer said about Snowflake Inc. (NYSE:SNOW):

“Snowflake, now Sridhar Ramaswamy, he came from Google. This was after Slootman built the company, a lot of people questioned that Slootman got out too soon, but that’s the way Slootman does things. This is the company, that if you want to figure out what the heck you’re doing, in AI, you have to go to them because you have to rent. This is rent, not owned. Just think of it as rent, let me go rent the AI factory. . . .and I just think that this company is not done going higher because wow, do you ever need them if you’re going to try to, you can’t just go to Amazon Web Services and say, hey, I want AI. It’s not like that. It’s not like going to supermarket and saying that I want some spam. No.

“See, [growing year-on-year] 32%, people need. . these are tremendous American companies doing incredible things. And, we can be very cynical, or we can say, how do you do those numbers? How do you do it? How do you win the Super Bowl three years in a row? It’s almost impossible.”