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 asserted that the ‘year of magical investing’ is over. Cramer uses the term to define a set of stocks that have appreciated considerably but whose valuations far exceed their revenue. In this appearance, the CNBC TV host tied these socks to Bitcoin’s price and comments by the New York Fed President John Williams that interest rates could go lower on the back of weakness in the labor market:
“It’s the end of the year of magical investing. All that stuff, I mean look, they’re all up today, they all reversed today, three thirty this morning, you could not give these away. And Bitcoin, 81, you look at what I regard as being the single worst moment, in this decline, was the moment between three thirty and four thirty. And then Williams comes on, and then suddenly everything’s fine? I don’t think so. . .there’s a lot of people that have to get out. Let them get out. This is not, what suddenly, they waved a magic wand? We have issues with building out the data center, unlimited. We have issues with a lot of people, the strategies, the Micro Strategies, these are issues.”
Our Methodology
For this article, we compiled a list of 9 stocks that were discussed by Jim Cramer during the episode of Squawk on the Street aired on November 21st. We listed the stocks in the order that Cramer first mentioned them. We also provided hedge fund sentiment for each stock as of the second quarter of 2025, which was taken from Insider Monkey’s database of over 900 hedge funds.
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. Kohl’s Corporation (NYSE:KSS)
Number of Hedge Fund Holders In Q2 2025: 31
Jim Cramer’s opinion about retailer Kohl’s Corporation (NYSE:KSS) has become neutral as the year ends. At the start of 2025, the CNBC TV host wasn’t a fan of the stock, to say the least. In a March appearance, he commented that Kohl’s Corporation (NYSE:KSS) had “real structural problems” and there wasn’t anything at the firm’s stores that he couldn’t get at Walmart or Costco. Then, in May, Cramer was grateful that he wasn’t on Kohl’s Corporation (NYSE:KSS)’s board even though “they tried to do the right thing.” By July, he took aim at the short sellers and commented that they “have the wrong target: a company with declining sales and a lot of debt, but not one that’s about to fall apart, which is what you need if you’re still shorting Kohl’s down here in the single digits. Hedge funds, take my advice: cover and move on.” With Kohl’s Corporation (NYSE:KSS)’s earnings due, Cramer remained neutral about the firm as he commented:
“Kohl’s is neutral”
10. Jacobs Solutions Inc. (NYSE:J)
Number of Hedge Fund Holders In Q2 2025: 35
Jacobs Solutions Inc. (NYSE:J) is an engineering and construction management services provider. Cramer previously discussed the stock on October 7th as he remarked that the firm’s exposure to the data center business had translated into its latest earnings report. The CNBC TV host added that, along with benefiting from data center build outs, Jacobs Solutions Inc. (NYSE:J) could also benefit from manufacturing reshoring across America. In this appearance, he discussed the firm after its fiscal fourth quarter earnings report:
“Okay, Jacobs Solutions is an engineering company. It’s rather remarkable. Because what does it do? Well it builds everything, data centers, the drug companies, when they want to reshore, it’s the ultimate reshoring slash construction company in our country. And it guided yesterday to a weaker 26′ than people thought. This was the, I think the, proximate cause of a lot of the selling other than away from Micron and Western Digital, and the idea that DRAM prices might be peaking. So when I looked at this, I said, oh my god, Bob Pragada, terrific guy, they, they lowered it, there was a Baird downgrade today, that is very prescient, so people are saying, wait a second, if the premier builder of all the things that we are excited about, guides badly for 26′, what does it say, for 2026?
“It was, I will tell you, unreasonable. The seller was like, look it could get weaker. I didn’t think it was any more than that, they had no empirical reason. But it scared people. Now I know that that’s a tough word to use, but that’s what I’m seeing around town. That scared people into thinking maybe the whole reshoring, building is over. It’s completely untrue, okay, completely untrue. But yesterday, was not the day to guide down, in terms of next year’s numbers. It was just the wrong time, wrong place.”
