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 a Bank of America report covering big technology firms’ AI infrastructure spending. The report outlined that in September and October, technology companies borrowed $75 billion, which was more than twice the annual average of the past decade. Cramer and his co-host David Faber discussed AI infrastructure firm Oracle’s debt in a recent Squawk on the Street episode as well, and as the BofA report came to his attention, he remarked:
“I didn’t want debt, I didn’t want insider selling. I didn’t want at the market selling. We’re getting all of those. Now if we’re in the business of selling debt, I would say, hey but listen, these, we got firm commitments. I’m in the business of telling the truth to viewers because that’s who I work for. And it’s just, I can’t be inconsistent. . .we’re at a very crucial moment for our viewers. . . it doesn’t matter anymore, I just got to tell it the way I see it.”
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 November 12th.
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. Eli Lilly and Company (NYSE:LLY)
Number of Hedge Fund Holders In Q2 2025: 119
Cramer has again started to frequently discuss Eli Lilly and Company (NYSE:LLY) on his morning show. During the year’s first half, the CNBC TV host repeatedly praised the firm’s manufacturing initiatives and added that its non-weight-loss drug portfolio held great potential. More recently, he has started to discuss Eli Lilly and Company (NYSE:LLY)’s attempts at a weight loss pill and the firm’s valuation:
“One time not that long time ago, Ken Langone, great investor, when Eli Lilly was in the 700 billion, said you know Jim, it’s gonna be worth a trillion dollars. It may be worth a trillion dollars, in a few weeks, it’s at 934 billion. This pill that they have for GLP-1, the Trump Rx, the lowering of price, the idea that you’ll just be able to get it for weight loss, not comorbidity, people are beginning to realize, maybe this thing is worth far more. And a Citi piece today, price target 1500 dollars! . . .Eli Lilly’s a great company, Dave Ricks by the way, the company does a lot of work, now you’re in the ALS, you’re in the Lou Gehrig, they’re giving money to that. . .Dave Ricks is really unbelievable man, but what he’s really driving is a company that’s gonna pass a trillion dollars. Congratulations to him.”
“Oh my, and all they do is pull away [from NVO] because this pill, now sure you can just inject yourself just once a month, but Google it, people are happy to taking pills like they are vitamin supplements. This would be like that. It’s a very big move.”
10. Cisco Systems Inc. (NASDAQ:CSCO)
Number of Hedge Fund Holders In Q2 2025: 81
Networking hardware equipment manufacturer Cisco Systems Inc. (NASDAQ:CSCO) reported its fiscal first-quarter earnings report on Wednesday. The results saw the firm report $14.88 billion in revenue and $1 in EPS which beat analyst estimates of $14.77 billion and $0.98. Citing orders from hyperscalers, Cisco Systems Inc. (NASDAQ:CSCO) outlined that its networking business saw revenue grow by 15% to $7.77 billion during the quarter. After yesterday’s close and the latest earnings, Cisco Systems Inc. (NASDAQ:CSCO)’s current forward P/E ratio sits at 19, according to Yahoo Finance. Cramer discussed the firm ahead of the earnings report and assured viewers that the Cisco Systems Inc. (NASDAQ:CSCO) of 2025 wasn’t equivalent to the one in 1999:
“[On upcoming earnings] Yeah and we own it for the charitable trust. It’s not expensive by the way. Now the last time it was at these levels, it was very expensive. Now you’re talking about 1999, but that’s a company that sells at 16 times earnings. It’s not the one that’s historically blowing up to anybody. Doesn’t blow people off.
“Yeah, Chuck Robbins is someone, he saves his irrational exuberance for the Atlanta Falcons, not for his company.”
9. The Clorox Company (NYSE:CLX)
Number of Hedge Fund Holders In Q2 2025: 46
Chemicals company The Clorox Company (NYSE:CLX) has come on Cramer’s radar recently due to its low share price. The firm’s stock is down 35% year-to-date. In his previous appearances, the CNBC TV host has pointed out that he was worried not about the share price dip, but about missing a rare low entry point into the stock. In this appearance, he made the following comments in the context of the consumer goods sector and dividend yield:
“That was very significant. Yeah and UPS wasn’t. . as horrible. I think the government opening and people feeling better, we’re gonna get some good spend. I’m in favor of those, that’s the kind of stocks. I want retail because they’re very low multiple. And I’ve now decided that it’s time to buy these consumer product stocks if you want a yield and you’re older. You know if you can get a 4% good yield, that compounds, 50, 60, 70s, I like that, as an alternative, one of your five stocks. Might be one of those.
“[After Carl Quintanilla mentioned Clorox, Kimberly-Clark and Procter & Gamble] Yes, Yes, Yes. All three. And you could say Linda Rendle hasn’t necessarily put together a great Clorox portfolio, but, that stock is, that could be generational low.”
8. The Procter & Gamble Company (NYSE:PG)
Number of Hedge Fund Holders In Q2 2025: 88
The Procter & Gamble Company (NYSE:PG) is one of the biggest consumer goods companies in the world. Cramer has praised the firm’s management in previous appearances. More recently, he discussed The Procter & Gamble Company (NYSE:PG) after Kimberly-Clark announced that it would acquire Kenvue for a whopping $48.7 billion price tag. Cramer commented that while The Procter & Gamble Company (NYSE:PG) was one of the biggest and dominant players in the industry, Kimberly’s CEO, Mike Hsu, might give the firm a tough time. In this appearance, he commented on the firm’s share price and mentioned it in the context of dividends:
“That was very significant. Yeah and UPS wasn’t. . as horrible. I think the government opening and people feeling better, we’re gonna get some good spend. I’m in favor of those, that’s the kind of stocks. I want retail because they’re very low multiple. And I’ve now decided that it’s time to buy these consumer product stocks if you want a yield and you’re older. You know if you can get a 4% good yield, that compounds, 50, 60, 70s, I like that, as an alternative, one of your five stocks. Might be one of those.
“[After Carl Quintanilla mentioned Clorox, Kimberly-Clark and Procter & Gamble] Yes, Yes, Yes. All three. . .I think that Proctor’s not generational low, but it’s real low. . .But if you want yield, we suddenly have it. And I’m not going to say if the Fed is going to be cutting rates, I’m gonna run away from yield.”
7. Kimberly-Clark Corporation (NASDAQ:KMB)
Number of Hedge Fund Holders In Q2 2025: 42
After personal care products firm Kimberly-Clark Corporation (NASDAQ:KMB) announced its $48.7 billion acquisition of Kenvue last week, Cramer couldn’t stop praising the decision as he commented that the deal enabled the two firms to overcome their weaknesses. The CNBC TV host’s praise also focused on Kimberly-Clark Corporation (NASDAQ:KMB)’s CEO, Mike Hsu, and the CEO, along with dividends, factored into this episode as well:
“That was very significant. Yeah and UPS wasn’t. . as horrible. I think the government opening and people feeling better, we’re gonna get some good spend. I’m in favor of those, that’s the kind of stocks. I want retail because they’re very low multiple. And I’ve now decided that it’s time to buy these consumer product stocks if you want a yield and you’re older. You know if you can get a 4% good yield, that compounds, 50, 60, 70s, I like that, as an alternative, one of your five stocks. Might be one of those.
“[After Carl Quintanilla mentioned Clorox, Kimberly-Clark and Procter & Gamble] Yes, Yes, Yes. All three. . .Kimberly, it’s generational low. And I just think you look at Kimberly and you just say, okay, I’m gonna hold my nose and buy it because Michael Hsu’s doing a good job. It’s just, forget, not for someone who’s 20 or 30 or 40. It doesn’t make sense. But if you want yield, we suddenly have it. And I’m not going to say if the Fed is going to be cutting rates, I’m gonna run away from yield.”
6. DICK’S Sporting Goods, Inc. (NYSE:DKS)
Number of Hedge Fund Holders In Q2 2025: 55
Cramer discussed retailer DICK’S Sporting Goods, Inc. (NYSE:DKS) in the context of On Holding’s latest earnings report. On’s results were a blockbuster as they sent the shares 20% higher after the release. They saw the firm’s CHF794 million in revenue and CHF0.47 in earnings beat analyst estimates. CEO Martin Hoffmann cited a premium product lineup and strong performance across multiple channels as some reasons behind the growth. For Cramer, On Holdings’ performance also factored into the holiday season and DICK’S Sporting Goods, Inc. (NYSE:DKS)’s ability to benefit in the post-tariff announcement:
“[On prospect of tariffs making it so that we see fewer promotions] Well it’s interesting. One of the reasons On is doing well today is because they committed we’re not doing promotion. There won’t be promotion. That’s very good by the way for DICK’S, because DICK’S bought Foot Locker at a low price, and I think DICK’S could be a way to play that besides On.”
5. Chevron Corporation (NYSE:CVX)
Number of Hedge Fund Holders In Q2 2025: 76
While the frequency of Cramer mentioning Chevron Corporation (NYSE:CVX) in his morning appearances has dropped, his faith in the firm’s CEO, Mike Wirth, hasn’t. During this show, the TV host commented on the oil and gas giant after Chevron Corporation (NYSE:CVX) announced that it would reduce its planned annual capital expenditure to range between $18 billion and $21 billion from an earlier $19 billion to $22 billion and targeted 10% annual cash flow growth through 2030. Cramer commented on the firm’s exposure to hyperscalers through its natural gas business:
“Right, he’s [the CEO] a big cash flow guy. I do think that you want to buy GE Vernova if you believe him when he’s saying that listen we’re gonna have the natural gas go to the hyperscalers. This is something I asked Tom Jordon on Coterra, he said this would happen. I thought Coterra would be the one who did it, but it turns out to be Chevron. . . I do think that Mike Wirth is very conservative.
“Mike good, anyone who wants an oil company, I almost always say his company.”
4. Palantir Technologies Inc. (NASDAQ:PLTR)
Number of Hedge Fund Holders In Q2 2025: 78
Cramer commented on data analytics firm Palantir Technologies Inc. (NASDAQ:PLTR) after co-host Carl Quintanilla mentioned the firm’s recent share price movement:
“I’m not concerned. I was talking with someone about defense and someone about aerospace in the last few days. They are a major force in defense and aerospace. Doing what I think is the right thing. I can’t back away from Palantir. The problem is the valuation, obviously, because they’re making a ton of money. But I can’t back away from it because everything Karp says about the growth and the profit is true! And I can’t just say, you know what, he’s wrong. You want to pay that for that? I know people will, I think that Palantir’s an amazing company. You know it’s funny, when you bump into someone that using them, all they ever say is we’ve had wholesale revolution at our company because of Palantir. Look I had to check, before I got on board with this thing at 50, I checked with a lot of CEOs that hired them, I have yet to find a CEO who said, yeah you know what, we lost our money with them. It’s the opposite. It’s like they revolutionized, they changed our company radically.
“Palantir, and by the way, their defense, what they’re saying about defense, they would revolutionize our country. They’re very, very good at what they do. Yes I mean Alex has a take on the show, look he’s a personality, I don’t care about the personality. I care about the numbers. And the numbers are real, they’re very real.”
3. AT&T Inc. (NYSE:T)
Number of Hedge Fund Holders In Q2 2025: 83
Telecommunications carrier AT&T Inc. (NYSE:T)’s shares were upgraded by Keybanc to Overweight from Sector Weight and set a $30 share price target on Wednesday. In its report, Keybanc described the recent pullback in the shares as being driven by “overblown” concerns about its Wireless business. Cramer briefly commented on the Keybanc coverage and AT&T Inc. (NYSE:T)’s dividend yield:
“[Keybanc’s upgrade] I liked that. And they talk about it historically, it’s valued cheaply versus how it has been. And the convergence. I thought that made it a, that made a ton of sense for me. I like the stock. Obviously it has issues involving cable, but 12 times earnings, 4.3, again, compound, someone in their 50s, someone in their 60s, great stock. Makes it so, if, cause the treasuries, if the notes go down, if the bills go down, you’re going to say, why didn’t I buy AT&T at that valuation that was considerably low than the traditional valuation. So that, that interests me. 4% really interests me. That’s where I’m excited because what I think the Fed will do because I know the [inaudible] piece is very good about what can happen. I think the economy is slowing rather dramatically.”
2. JPMorgan Chase & Co. (NYSE:JPM)
Number of Hedge Fund Holders In Q2 2025: 124
Cramer discussed banking giant JPMorgan Chase & Co. (NYSE:JPM) as financial services stocks made gains. His previous comments about the firm have praised its balance sheet and called it a “fortress.” Cramer has also praised JPMorgan Chase & Co. (NYSE:JPM)’s management and used its 15x earnings multiple to comment that not every stock is expensive in this market. In this appearance, he again mentioned the multiple and discussed the firm’s CEO, Jamie Dimon:
“[On financials up a full percent] Yeah that is a steeper yield curve. And you know kind of a begrudging recognition that we have to start paying more than 15 times earnings for JPMorgan. Even if it is at it’s high. Cause we’re paying 24 times earnings for a lot of stocks, companies that are growing much more slowly.
“I mean look Jamie is, I wonder if Jamie’s going to be as negative as he is in public. I wonder if he is. Because Jamie is one of the reasons people are locked into buying the banking stocks.”
1. Parker-Hannifin Corporation (NYSE:PH)
Number of Hedge Fund Holders In Q2 2025: 51
Parker-Hannifin Corporation (NYSE:PH) is one of the largest industrial equipment companies in the world. The firm’s products include motion control systems, hydraulics and avionics systems, and other associated items. Parker-Hannifin Corporation (NYSE:PH) made a splash earlier this week after it announced a $9.25 billion deal to buy filtration system manufacturer Filtration Group. Filtration Group’s products serve the needs of the heating and cooling market. Given that AI data centers and the demand for liquid cooling are a major discussion point in the stock market, it was unsurprising that Cramer also discussed Parker-Hannifin Corporation (NYSE:PH)’s announcement in the context of data centers:
“I mean if you look at Parker-Hannifin, they bought this company that’s involved with data center. A standout stock, just terrific.”
Previously, Cramer commented on Parker-Hannifin Corporation (NYSE:PH)’s shares moving more than $10 in a single trading session:
“We saw Eaton and Parker-Hannifin. If you’re from the Midwest, these are destination places… but those are a function of strong data center orders that came from lead contractors ABB and Legrand, two European construction companies that just reported that are huge builders of these warehouses full of servers. There’s no doubt that the data center buildout is the single biggest construction boom, perhaps since World War II. You can see it if you look at Oracle every day, by the way. I like the buildout. There are many many orders coming to them. I keep telling you these stocks are good. Parker-Hannifin rose $13.”
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