In this piece, we will look at the stocks Jim Cramer discussed.
In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer discussed AI, jobs, and the housing market. Discussing coverage in the Financial. Times about Bethlehem, Pennsylvania, Cramer commented:
“Look there is something wrong. We had rates go down and the new home build was bad. How is that? That is new. . .really interesting series being run in the FT about the town of Bethlehem. Which has got, home to a bunch of really good colleges and a lot of young people. All of this is what they talk about. This is what they talk about, is, are there jobs because of AI? It’s, AI is lurking larger than AI and it is making people thinking maybe I can’t be a finance bro or woman.”
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 October 27th.
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 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
11. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders In Q2 2025: 235
NVIDIA Corporation (NASDAQ:NVDA) is in the headlines again after closing in on the $5 trillion market capitalization mark. Cramer’s a believer in the firm, and in this appearance, he discussed yesterday’s GTC Washington conference and share price activity. At the conference, NVIDIA Corporation (NASDAQ:NVDA) CEO Jensen Huang discussed opportunities to build AI-powered telecommunications towers and autonomous vehicles. Here is what Cramer said the day before the event:
“. . .the action right now in AMD and NVIDIA, now NVIDIA does have the big GTC Washington conference, is so bullish. . .that’s so bullish. And NVIDIA was up, started moving around four, and I just think that people are buying it, you know I’m big NVIDIA, own it don’t trade it, but, that anyone has any knowledge about what that deal is [presumably referring to opportunities in China], is kind of shocking since it’s not been brought up at all.
“In the meantime NVIDIA, David. Four trillion, big meeting tomorrow. Jensen Huang, Washington, GTC. These companies just keep on moving. . .Jensen Huang’s speaking. . he does a visionary keynote, he’ll talk about the Feynman.”
10. Microsoft Corporation (NASDAQ:MSFT)
Number of Hedge Fund Holders In Q2 2025: 294
Microsoft Corporation (NASDAQ:MSFT) was in the news yesterday after OpenAI completed its restructuring and confirmed the firm as a shareholder. Microsoft Corporation (NASDAQ:MSFT) now holds a 27% stake in the OpenAI Group PBC, which is in turn also controlled by OpenAI, which holds a $130 billion equity stake. During this appearance, Cramer commented on the software company as part of a discussion surrounding retail stocks. He discussed a note from Guggenheim that upgraded the stock to Buy from Neutral and set a $586 share price target. As part of the coverage, Guggenheim cited Microsoft Corporation (NASDAQ:MSFT)’s strengths in the software market through its productivity products and the potential to benefit from AI. Cramer mentioned these as well:
“[On consumer names not playing the way tech has] But the way to play that is to buy the Microsoft piece. Where it says, Microsoft’s back being monopolist again. You see that positive piece about Microsoft in Guggenheim?. . .it’s got back the near monopoly on the productive suite.”
9. Berkshire Hathaway Inc. (NYSE:BRK-B)
Number of Hedge Fund Holders In Q2 2025: 133
Cramer spent quite a lot of time discussing Berkshire Hathaway Inc. (NYSE:BRK-B), which was unsurprising given the stock was downgraded by Keefe, Bruyette, & Woods. It slashed the Class A share price target to $700,000 from $740,000 and downgraded the stock to Underperform. Cramer had a lot to say about the note:
“Warren Buffett’s obviously the best investor of our time. Today Keefe, Bruyette downgrades Berkshire Hathaway to a Sell. They’re talking about GEICO, the big insurance company. May be that their underwriting margins peaked. We saw a bad report from Progressive last week, which you could say is similar. They’re talking about investment, fully short term interest, so all that money that he’s got, not gaining the big interest rate. And now get this David. Burlington Northern inflation adjusted revenue historically corresponded with the US China trade. He said that could be pressured. Probably won’t be. But, I keep thinking about when Joe Hinrichs tried to get a deal, I think he really did from CSX.
“[After David Faber wondered why Berkshire and Burlington didn’t pursue a deal with CSX] And that is to me the crux. Not the insurance issues, you might as well call it GEICO. Big natural gas. But David, I think, that when I heard when they said no, to what I thought was the most obvious deal in the world under this new administration, it made me think, are they in the game? Are they in the game or they just making money off of interest and living on GEICO and the natural gas. And it was worrisome because I thought that that was the most easy deal in the world. Particularly because once you let the other guys merge you can get this Burlington deal done with CSX. It would have been fantastic. Look I’m not gonna ever say that you should sell Berkshire Hathaway. You don’t do that [underestimate Warren Buffett], but I did think it’s curious to see the stock has underperformed. Right but the stock’s, huge. But I felt that this piece was, there you go, look at that, but I thought the piece was devastating in the sense that many things are moving in the wrong direction is what they say. At first, I wanted to dismiss the piece, but I can’t. I can’t dismiss it.”
8. Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holders In Q2 2025: 156
Cramer has been discussing Apple Inc. (NASDAQ:AAPL) frequently since the firm’s US investment announcement and the iPhone 17 launch. He has repeatedly asserted that the latest iPhones are great products that will help the firm with market share. In this appearance, he discussed coverage by JPMorgan and Jefferies. JPMorgan’s note hiked Apple Inc. (NASDAQ:AAPL)’s share price target to $290 from $280 and mentioned smartphone demand and Service performance. Cramer had more to say about the Jefferies coverage:
“I got a piece in front of me, Apple, JPMorgan. It’s talking about how, look it’s gonna be a good number, all different ways but the main most important piece is Jefferies, which has an Underperform. And when they did the Underperform they really crushed the stock. Now they’re starting to hedge themselves by saying China’s strong. That’s a new one. I think they got everything wrong here and not to pick on them but they really got a lot of people out of the stock.”
7. Broadcom Inc. (NASDAQ:AVGO)
Number of Hedge Fund Holders In Q2 2025: 156
Cramer frequently discusses Broadcom Inc. (NASDAQ:AVGO) in his morning show, and most of his remarks are focused on the firm’s semiconductor business. The rise of AI and the subsequent demand for AI chips has placed Broadcom Inc. (NASDAQ:AVGO) in a unique industry position due to its ability to design custom AI chips. Cramer also regularly praises the firm’s CEO, Hock Tan, and believes Tan’s opinion about the high demand for AI chips. However, in this episode, he commented on Broadcom Inc. (NASDAQ:AVGO)’s enterprise cloud computing platform, VMware.
“No one thinks VMware’s under pressure because the last quarter for VMware was quite good, their software business. And Hock was like trying to get, Hock Tan the CEO, was trying to get me to say listen, don’t forget VMware, it’s really coming together. But I totally agree. . .”
In his morning appearance on October 14th, Cramer asserted that Tan was confident about AI demand:
“You know David, look I, Hock Tan said the same thing to me last night. Now you know Hock, you know that the CEO of Broadcom is one of the toughest business people in the world. When I asked him about, should we be worried about, well basically about being paid, he said he’s kind of like, he looked at me like, Jim don’t you understand? This is, it’s happening, get on board, it’s happening.”
6. ServiceNow, Inc. (NYSE:NOW)
Number of Hedge Fund Holders In Q2 2025: 106
While Cramer’s remarks about ServiceNow, Inc. (NYSE:NOW) were brief, they are quite important. The firm, which provides enterprise cloud software for workflow management, has suffered from volatile investor sentiment in the AI era. ServiceNow, Inc. (NYSE:NOW) is part of a group of firms called software-as-a-service (SaaS) companies. AI’s ability to code software has negatively impacted SaaS stocks since it reduces the demand for their products. In his previous comments about ServiceNow, Inc. (NYSE:NOW), Cramer has kept the faith and recommended the stock. He believes that CEO Bill McDermott’s “become the most successful non-mega cap CEO in the entire market.” During this episode, he again asserted that ServiceNow, Inc. (NYSE:NOW) might not be facing trouble due to AI:
“ServiceNow, of course this week, and people think that Bill McDermott has skated past this AI challenge. . . that he’s been able to figure out AI.”
Here are Cramer’s previous comments about ServiceNow, Inc. (NYSE:NOW) made on October 7th:
“I think ServiceNow is one of the few software-as-a-service stocks that I can still recommend without hesitation. I think Bill’s doing terrific with that company, and he’s a real great representative of his institution.”
5. Salesforce, Inc. (NYSE:CRM)
Number of Hedge Fund Holders In Q2 2025: 121
Salesforce, Inc. (NYSE:CRM) is an enterprise software company that provides customer relationship management software. Cramer recently became more optimistic about the stock after visiting the firm’s Dreamforce conference in San Francisco. The CNBC TV host’s takeaways from the conference saw him stress that long-term faith is needed in the firm. He also outlined that since the overall sentiment surrounding enterprise software isn’t too bright right now, it might take some time for analysts to change their minds about Salesforce, Inc. (NYSE:CRM). In this appearance, he shared some major companies that are using the firm’s software to improve their business operations:
“Michael Dell. . .he was part of this effort, along with Laura Elbert from William Sonoma, Rick Smith, the son of the late Fred Smith at FedEx and then the team from Pepsi, all demonstrated why the revenues are going up but their expense is going down by using agentics from Mark and that caused the stock pop 15.”
4. Oracle Corporation (NYSE:ORCL)
Number of Hedge Fund Holders In Q2 2025: 124
Oracle Corporation (NYSE:ORCL) has become one of the most important companies in today’s AI race. The firm hosts and provides computing capacity for AI software firms. The shares also saw significant action last month after Oracle Corporation (NYSE:ORCL) revealed a $455 billion cloud backlog. The revelation sent its shares soaring, and Cramer has discussed the firm several times since then. He has opined that Oracle Corporation (NYSE:ORCL) could become the next trillion-dollar firm due to its success with the AI positioning. At the same time, Cramer has also cautioned that ” there should be some recognition of the risk that these guys are taking.” In this appearance, he reiterated that he was concerned about Oracle Corporation (NYSE:ORCL):
“Look, the only one I’m worried about, and I’ve been assured by Hock Tan, he’s one of the toughest guys in the world, not to worry about the Oracle, it’s fine.”
As for the reason why Cramer’s worried about Oracle Corporation (NYSE:ORCL), here is what he said on Mad Money on October 27th:
“At this point, basically, all of the major players in the AI data center trade, from Nvidia to Broadcom to AMD to CoreWeave, are taking a risk in that they’re assuming OpenAI will be good for the massive amounts of money it’s committed to spending and no one has more exposure to that than Oracle, which is expecting to get 60 billion per year from OpenAI in their five year deal. Wow. Everyone in the industry seems to think OpenAI will be good for the money, but no one needs them to be good for like Oracle does.”
3. Organon & Co. (NYSE:OGN)
Number of Hedge Fund Holders In Q2 2025: 35
Organon & Co. (NYSE:OGN) is a women’s health company that provides fertility and contraceptive products. It’s been caught in a wave of controversy lately after CEO Kevin Ali stepped down after an investigation by the audit committee. Calling it the “worst stock ever,” Cramer remarked:
“Did you notice the Orgenon quiescent, how they requested to the CEO for a while there? This may be the worst stock ever. I’m now, I’m initiating the worst stock ever. Orgenon. Get this. Okay, they spun off from Merck, June 2nd of 2021. The CEO lost his job this weekend. The audit committee looked into this. They were stuffing the channel, according to their own key team by the beginning of the fourth quarter of 2022. And they stuffed the third and fourth quarter 2024. And the first, second, and third quarter of 2025. This was the world’s stuffing machine! No I mean. . .I mean you were stuffing the channel one year after it got spun off?
“It’s a second rate drug company, non innovative drug firm. I don’t know, I’m not kidding. This thing was spun off by Merck, everyone told me it was cheap, and then they had a good dividend. Next, the audit committee, I mean it’s not a legend, the audit committee, put in a new CEO. But they’re not gonna use the term stuffed the channel, they say the company, the wholesalers got a little more than they wanted.
“Worst company on Earth. Worst company. . .oh my god, this is like a special annex. This is the anex right here [for his Wall of Shame]
“You gotta read this release though. The release is incredible. This is just endless channel stuffing. I mean nobody wanted their stuff, sorry!”
2. Tesla, Inc. (NASDAQ:TSLA)
Number of Hedge Fund Holders In Q2 2025: 115
As he has commented in his previous appearances, Cramer continued to assert that Tesla, Inc. (NASDAQ:TSLA) is not just a car company in this show as well. Like CEO Elon Musk, the CNBC TV host also believes that the firm’s business is now more representative of autonomous driving and robotics. After Tesla, Inc. (NASDAQ:TSLA)’s earnings report earlier this month, Cramer lamented that people don’t listen to the earnings call. He shared that during the call, Musk mentioned 20 million robots, which, in Cramer’s view, trumps weak sales in regions such as Germany. This time, he commented on a recent note by Morgan Stanley’s Adam Jonas:
“Well look, I always come back to the fact that it is no longer a car company. There are many pieces, Adam Jonas today, now Stephen King, Adam Jonas because the guy is pumping out stuff like at an incredible rate makes you feel very much like stop thinking about it as a car company. You just can’t. Full self driving, robotaxi, and robot. And it didn’t hurt that they had the robot in Times Square.”
1. Honeywell International Inc. (NASDAQ:HON)
Number of Hedge Fund Holders In Q2 2025: 67
Honeywell International Inc. (NASDAQ:HON), the industrial conglomerate with a presence across energy, automation, and construction, is splitting up into multiple businesses. Cramer discussed RBC Capital’s coverage of the move:
“My charitable trust name Honeywell. Absolutely fabulous piece today by RBC Capital talking about the breakup. The stock started moving last week and what I thought was most interesting was, we forget that GE, when they announced the breakup, dramatically underperformed until you got very close to the actual breakup date. And David, we should be talking about this someday, when you feel like when you split up companies right now, it’s not working, no, it just takes a long time for it to work. So I like this piece. I’ve been telling people this is what it means when a company splits, Honeywell splitting into automation business, they already did the chemical business, that started trading earlier this week for real, and aerospace. And I just encourage people, don’t get discouraged when companies break up. It takes a long time. Vimal Kapur doing a terrific job. So Larry Culp did for GE. I like this stock.
While we acknowledge the potential of HON 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 HON 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.
