In this piece, we will look at the stocks that Jim Cramer recently discussed.
In his latest appearance on CNBC’s Squawk on the Street, Jim Cramer discussed President Trump’s decision to fire Federal Reserve Governor Lisa Cook and her lawsuit against him. Cook sued the President yesterday and claimed that he had no authority to fire her. Cramer discussed the affair as CNBC’s Steve Liesman broke the news of her lawsuit and narrated the filing. He remarked that in the end, the affair would head to the Supreme Court:
“Well look I do think it’s going to come down to the Supreme Court. I think Justice Roberts is going to have to make a decision. This is, this is not something that’s going to be settled by District Court. I wonder if the Supreme Court chooses not to take it, whether therefore she is fired.”
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 28th.
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. Walmart Inc. (NYSE:WMT)
Number of Hedge Fund Holders In Q2 2025: 105
Walmart Inc. (NYSE:WMT), America’s largest brick-and-mortar retailer, has seen its shares gain a modest 6.9% year-to-date. The modest gains are partly driven by a 6.3% dip in August. Walmart Inc. (NYSE:WMT)’s shares fell after the firm struggled with profitability during its second quarter. While its $177.4 billion revenue beat analyst estimates, earnings per share of $0.68 missed estimates of $0.74 by quite a hefty margin. During the earnings, Walmart Inc. (NYSE:WMT)’s CEO warned that as the firm ran through its inventories and started to order again, it might see the impact of tariffs. The tariff impact is likely to be felt on the bottom line. Cramer discussed Walmart Inc. (NYSE:WMT) in the context of tariffs as well:
“People perceive them as not having a, of eating some, but not all of the tariffs. Now everybody else had the same thing, but somehow they got hit with that idea and I thought it wasn’t right.”
Here are his previous thoughts about Walmart Inc. (NYSE:WMT):
“Yeah and John David Rainey came over. Now John David, I’ve known him for many, many years. The CFO. And senior vice president. And I was concerned by the Walmart, their response about Amazon. Because Amazon, the Journal caught them raising prices. Now I’m trying to find out whether that’s [inaudible] but he said Walmart has not. And I think Walmart is, Walmart and Costco are the two great inflation fighters now. And I think that it’s, Walmart has a couple of, there was 200 million in shoppers. So, for them to hold down prices. . . and if we had an honest CPI, then you would have to question some of the prices that are up if they shop at Walmart. Because they didn’t increase the prices.
“Well CPI is all these different element of food. And you know, I think it matters where you shop. If you shop at Walmart. . .Then you know that things didn’t go up. Look you’re eyes are not lying. So anyway I think it’s great to hear from John David Rainey that the largest chain that you buy food did not raise things. . . remember there’s a Walmart every two minutes away from you. So i salute Walmart and I think that this is terrific.”
10. Kohl’s Corporation (NYSE:KSS)
Number of Hedge Fund Holders In Q2 2025: 31
Kohl’s Corporation (NYSE:KSS)’s stock is up by a modest 9.3% year-to-date after having struggled through several dips and gains. The shares lost a massive 33% in March after the firm’s same-store sales dropped by 6.7% to outpace analyst estimates of a 6.2% drop. However, the stock surged later in the year due to the meme stock buying frenzy. More recently, Kohl’s Corporation (NYSE:KSS)’s shares jumped by a massive 24% after the firm’s $0.56 in EPS and $3.35 billion in revenue beat analyst estimates of $0.29 and $3.32 billion. Cramer remarked that Kohl’s Corporation (NYSE:KSS) got a free ride when it came to the impact of tariffs on its business:
“People perceive them as not having a, of eating some, but not all of the tariffs. Now everybody else had the same thing, but somehow they got hit with that idea and I thought it wasn’t right. Whereas Kohl’s, got, the free ride. The free ride.”
Previously, Cramer commented that Kohl’s Corporation (NYSE:KSS) was a short squeeze:
“Kohl’s, I don’t know, I mean this is one, you can say, clock is right twice a day, but I will tell you, they did say, they saw resilience with customers. Does have a new CEO. I’ve seen a lot of good things happening, but I don’t want to jump all over it because in the end it is brick and mortar, I’d rather be in TJX.
“Kohl’s is just a short squeeze. I think there are a lot of people that felt that Kohl’s, there was talk that they were having problems with vendors.”
9. Hormel Foods Corporation (NYSE:HRL)
Number of Hedge Fund Holders In Q2 2025: 38
Hormel Foods Corporation (NYSE:HRL) is an American food products company that primarily sells meat products. Its shares have lost 18% year-to-date, primarily on the back of a major 13% drop in August. Hormel Foods Corporation (NYSE:HRL)’s shares fell after the firm’s fiscal third-quarter earnings report saw it report revenue and earnings of $0.35 and $3.03 billion. Analysts, on the other hand, were expecting $2.98 billion in revenue and $0.41 in EPS. The firm was hammered due to high meat prices that have plagued the US this year. Cramer remarked that Hormel Foods Corporation (NYSE:HRL) just doesn’t have the pricing power to meet investor profit estimates:
“Hormel has zero pricing power. That’s just commodity, zero pricing power. Zero pricing power.
“Well you know, look, beef, cattle prices are just extreme. We’ve never seen this.”
Hormel Foods Corporation (NYSE:HRL)’s management commented on the pricing issues during the earnings call. Here is what they said:
“We continue to expect top-line growth in the fourth quarter, and we expect our Turkey portfolio, the Planters brand, and our leading positions in the marketplace to continue to be strong growth drivers. For profitability, we have announced inflation-based pricing actions related to the third quarter market, which we expect to partially benefit the fourth quarter and carry into 2026. As the fourth quarter has begun, counter to our expectations, commodity markets have remained elevated across a variety of inputs. With that, we’re assessing additional pricing actions. Our tariff estimate remains unchanged at a $0.01 to $0.02 EPS headwind for fiscal year 2025. Altogether, we expect fourth quarter adjusted EPS to be in the range of $0.38 to $0.40, reflecting a prudent outlook amid ongoing industry dynamics.”
8. Urban Outfitters, Inc. (NASDAQ:URBN)
Number of Hedge Fund Holders In Q2 2025: 39
Urban Outfitters, Inc. (NASDAQ:URBN) is a sizable American apparel company. Its shares have gained 19.9% year-to-date, primarily due to a major 22.8% jump in May. The stock rose after the firm’s first-quarter earnings report saw it beat analyst earnings and revenue estimates. However, Urban Outfitters, Inc. (NASDAQ:URBN)’s shares fell by 10.7% in August after the firm reported its second-quarter financials. While its revenue of $1.5 billion and earnings of $1.58 both beat analyst estimates, the operating income of $156 million missed analyst estimates by a stunning 24%. While the miss was stunning, Cramer speculated that Urban Outfitters, Inc. (NASDAQ:URBN) was perhaps priced a bit too high ahead of the earnings:
“Now I think that if you look at Urban Outfitters, the problem there is it was priced to perfection. It was up 40% going in, this was every single one of their is incredibly strong, I really loved that quarter but I recognize, that it was priced for perfection. I think that you buy that stock after it comes in.”
Here are Cramer’s previous thoughts about Urban Outfitters, Inc. (NASDAQ:URBN) in May:
“I want to highlight to you three retailers that reported excellent quarters in just the last couple of days, and only one was recognized as fabulous, that’s Urban Outfitters. One’s holding on with its fingertips, that’s RL, Ralph Lauren. And then a third, TJX, that’s getting sold off, yet presents, I think, now the best buying opportunity… They each have their own value proposition. Urban Outfitters is made up of its eponymous flagship store along with Anthropologie and Free People. They’re all doing incredibly well.
But when I listened to the call, I am struck by one particular division Nuuly…. This is Urban’s apparel rental business for women, and it’s growing at a stunning 60%… Now, every single one of the divisions have positive same-store sales, but up 60% even on a small base, that is stunning. For 98 bucks a month, Nuuly lets you rent six items a month, and you can buy them at discounted prices if you like them after you wear them…. At a time when clothes can eat up a huge chunk of your disposable income, I think this is the answer, that’s value…
Look, there are a ton of terrific retailers, but these three really put up amazing numbers, and only one is being recognized. I see that as an opportunity because it’s just a matter of time before Wall Street realizes that the kings of retail came out, showed you their best stuff this quarter, and you want to get into all of them before everybody else figures out what I just told you.”
7. Union Pacific Corporation (NYSE:UNP)
Number of Hedge Fund Holders In Q2 2025: 89
Union Pacific Corporation (NYSE:UNP) has been in the news lately, as far as the railroad industry is concerned. Cramer’s morning show has had a role to play in this trend as well. The shares have lost 2.7% year-to-date, hampered by broader industrial sluggishness and its bid to take over Norfolk Southern. Union Pacific Corporation (NYSE:UNP) is currently in an era where railroads in the US are looking to join forces after Cramer’s co-host David Faber first broke the news on Squawk on the Street. In this appearance, Cramer outlined that CSX CEO Joseph Hinrichs’ belief that mergers aren’t really necessary for railroad efficiency could harm Union Pacific Corporation (NYSE:UNP)’s Norfolk Southern merger:
“As Joe Hinrichs said to me last night on CSX, for the first time railroads are looking to work together. There is a up to a five day delay every time you get to Chicago because they don’t really, I mean we never really completed one. He’s saying you don’t need to merge, in order to make things more efficient. That would hurt the Norfolk Southern, Union Pacific merger.”
Here are Cramer’s earlier thoughts about Union Pacific Corporation (NYSE:UNP):
“Well what’s incredible if you look at the actual rails, it makes so much sense. There’s so little overlap. You wanted East-West. It’s [inaudible] be great thing. There is tremendous congestion, where the two in the Midwest, in Chicago area, it’s so, I don’t see a lot of the overlap that would make you not like it. I think that, if you were a regulator in the previous regime, you might say, you know what, these two will never compete if we let them merge. So we can’t let them merge because now they won’t go against each other. But the fact is, they were never going to go against each other. That’s not, the rails, stop doing that years ago.
“This is a deal where you just would never have seen it. . .I think that they have a feeling that this one’s gonna go. Don’t matter what [inaudible] get it. And, I would argue that if you think there’s going to be big reindustrialization, Carl, you do want it. It makes sense to have this type of seamless rhythm. The rails are, look I think we all wish that we didn’t, that we had more rails in the country, they’re much cleaner, 400 miles to the diesel gallon. You could argue that other countries have them in a much more you, in a superb way, and we’re a little disjointed, This makes a lot of sense.”
6. Norfolk Southern Corporation (NASDAQ:NSC)
Number of Hedge Fund Holders In Q2 2025: 71
Norfolk Southern Corporation (NASDAQ:NSC)’s shares have been in the news lately due to its pending merger with railroad giant Union Pacific. Cramer’s co-host David Faber was the first to break the news of an impending merger in the railroad industry, but this news pushed Norfolk Southern Corporation (NASDAQ:NSC)’s shares down by 3% after it was officially confirmed. Overall, however, the shares have gained 19% which is in stark contrast to Union Pacific’s 2.7% drop. Cramer discussed a factor that might harm Norfolk Southern Corporation (NASDAQ:NSC)’s merger:
“As Joe Hinrichs [CSX CEO] said to me last night on CSX, for the first time railroads are looking to work together. There is a up to a five day delay every time you get to Chicago because they don’t really, I mean we never really completed one. He’s saying you don’t need to merge, in order to make things more efficient. That would hurt the Norfolk Southern, Union Pacific merger.”
Previously, the CNBC TV host discussed Norfolk Southern Corporation (NASDAQ:NSC)’s merger with Union Pacific:
“Well what’s incredible if you look at the actual rails, it makes so much sense. There’s so little overlap. You wanted East-West. It’s [inaudible] be great thing. There is tremendous congestion, where the two in the Midwest, in Chicago area, it’s so, I don’t see a lot of the overlap that would make you not like it. I think that, if you were a regulator in the previous regime, you might say, you know what, these two will never compete if we let them merge. So we can’t let them merge because now they won’t go against each other. But the fact is, they were never going to go against each other. That’s not, the rails, stop doing that years ago.
“This is a deal where you just would never have seen it. . .I think that they have a feeling that this one’s gonna go. Don’t matter what [inaudible] get it. And, I would argue that if you think there’s going to be big reindustrialization, Carl, you do want it. It makes sense to have this type of seamless rhythm. The rails are, look I think we all wish that we didn’t, that we had more rails in the country, they’re much cleaner, 400 miles to the diesel gallon. You could argue that other countries have them in a much more you, in a superb way, and we’re a little disjointed, This makes a lot of sense.”
5. CSX Corporation (NASDAQ:CSX)
Number of Hedge Fund Holders In Q2 2025: 71
Railroad CSX Corporation (NASDAQ:CSX) has become the odd one out in the industry as it has been unable to find a merger partner while Union Pacific and Norfolk Southern move ‘full steam ahead’ so to speak. Its shares are up by 1.29% year-to-date as they are dragged by a 9.7% dip in August. The merger woes are behind the dip, as instead of merging, CSX Corporation (NASDAQ:CSX) announced that it would expand its partnership with BNSF to leave investors disappointed. Cramer discussed the stock and the environment in the railroad industry:
“As Joe Hinrichs said to me last night on CSX, for the first time railroads are looking to work together. There is a up to a five day delay every time you get to Chicago because they don’t really, I mean we never really completed one. He’s saying you don’t need to merge, in order to make things more efficient. That would hurt the Norfolk Southern, Union Pacific merger.
“Joe Hinrichs’, by the way, his stock was the second best in the group, and if you take out the fluff that developed from Norfolk Southern when you [David] broke the story that there were talks, you actually had the number one performer. So he’s been slagged, and slagged, and slagged, even though he’s number one. And I don’t know if that’s so good.
“No, there’s not a buyer. No, not a buyer.”
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.”
3. Burlington Stores, Inc. (NYSE:BURL)
Number of Hedge Fund Holders In Q2 2025: 41
Burlington Stores, Inc. (NYSE:BURL)’s shares have struggled this year as they are flat year-to-date. However, being flat is still better than some other retailers who have struggled and are in the red. One major catalyst that drove Burlington Stores, Inc. (NYSE:BURL)’s stock was its fourth-quarter earnings report released in March. It sent the shares 8.7% higher as the firm managed to beat analyst EPS estimates and meet them for growth. Burlington Stores, Inc. (NYSE:BURL)’s shares jumped by 5.3% in August following the firm’s second-quarter earnings report, which saw revenue jump by 10%. Cramer discussed the great deals that the firm offers:
“Burlington Stores, unbelievable, another example of how, about what the economy is like. . .
“When you go to Burlington, and my wife said, Jim, why are you waiting in line for three t-shirts? And I said, because of ten dollars.”
After Burlington Stores, Inc. (NYSE:BURL)’s March quarter report, the CNBC TV host briefly praised the firm:
“Burlington’s had a really, really good quarter.”
2. The TJX Companies, Inc. (NYSE:TJX)
Number of Hedge Fund Holders In Q2 2025: 73
The TJX Companies, Inc. (NYSE:TJX)’s shares, like those of its off-price retail peers, are in the green in 2025. They have gained 12.9% year-to-date, and have been driven by strong earnings catalyzed by spending by budget-conscious Americans. The TJX Companies, Inc. (NYSE:TJX)’s stock jumped by 2.7% in August after the firm’s second-quarter earnings beat estimates and the low end of its full-year earnings guidance beat analyst estimates. Cramer discussed the spending at The TJX Companies, Inc. (NYSE:TJX):
“I mean I would say that if you default to the companies that have reported in the last 24 hours, actually not a bad bunch to default to, what you find out is that what are the American people doing? Well the American people are shopping at Ollie’s, and at Dollar Tree and Dollar General, and Five Below, and at TJX, and at Roth Stores. And that is a sign that the American people do not feel very secure. And that’s something that Home Depot said, they don’t feel very secure. That is going to keep projects on the sidelines and keep people from spending the way that they would like.
“That place is extraordinary. The bargains there are extraordinary.”
Earlier, Cramer asserted that he’d rather buy The TJX Companies, Inc. (NYSE:TJX) than Kohl’s:
“Kohl’s, I don’t know, I mean this is one, you can say, clock is right twice a day, but I will tell you, they did say, they saw resilience with customers. Does have a new CEO. I’ve seen a lot of good things happening, but I don’t want to jump all over it because in the end it is brick and mortar, I’d rather be in TJX.”
1. The J. M. Smucker Company (NYSE:SJM)
Number of Hedge Fund Holders In Q2 2025: 36
The J. M. Smucker Company (NYSE:SJM)’s stock was dealt a blow this month after it fell by 4.4% following the firm’s first-quarter earnings report, which saw it miss analyst profit estimates. The earnings saw the firm post $1.90 in adjusted profit per share while analysts had penciled in $1.93. The J. M. Smucker Company (NYSE:SJM) has struggled with inflationary pressures, and in his previous comments about the firm, Cramer has continually stressed that its acquisition of Hostess Brands continues to weigh down on the firm. This time, he remarked that The J. M. Smucker Company (NYSE:SJM) simply doesn’t have the pricing power to maintain profitability:
“It’s pricing pressure. I mean when I looked at that number yesterday from Smucker, and I liked what they’re doing to pet food. I like Cafe Bustello, but David, in the end, Twinkies, no pricing power. Uh uh. Not in the year of GLP-1. Right.”
The CNBC TV host previously discussed The J. M. Smucker Company (NYSE:SJM) in detail. Here is what he said:
“Okay, David, Smucker’s the stock as Carl mentioned, is down really badly and September 11 of 2023 they bought a company called Hostess. Okay. And they paid 5.6 billion dollars including debt and they are still paying the price for that because this was still while they were trying to cut the, they’re trying to do everything they can to rationalize this. It still keeps hurting them. Coffee was okay, they raised the price of coffee because of the, obviously, inflation. And tariffs, Brazil. I liked the Uncrustables, Uncrustables are doing incredibly well, number one in frozen food, but it’s going to keep coming back to this sweet baked snacks. And David I just can’t be happy about it. I just can’t. By the way, they are, they’ve done what they can, pet food, which is fine. So you have pet food, okay, coffee, pretty good, Uncrustables, great. But you have this just black hole.
“Anyway, Smucker I think is probably a buy down here. They’ve got a good yield. The balance sheet’s okay. They made a mistake, and they’re paying the price for something they did two years ago. But I don’t like the food stocks, they’re still not making a comeback. Including General Mills, still not making a comeback.”
While we acknowledge the potential of SJM 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 SJM and that has 100x upside potential, check out our report about this cheapest AI stock.
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