On Thursday, Jim Cramer, host of Mad Money, described the day’s market performance as a clear example of a rally that went beyond just a handful of names. He emphasized that those who insisted the market’s gains were too narrowly focused to continue higher were now in an awkward position.
“If you can bring yourself to hate this market, then you’d hate any market. That’s how I feel after looking at some of today’s top performers in an otherwise strong session where the Dow gained 404 points, S&P climbed 0.8%, closing a smidge below its high, and the Nasdaq jumped 0.97%, all helped by a statement out of the White House that said the upcoming July 9 trade deadline wasn’t critical.”
READ ALSO: 13 Stocks Jim Cramer Recently Shed Light On and 11 Stocks Jim Cramer Put Under the Microscope Recently
Cramer noted it was a relief, given that only one trade agreement, with the United Kingdom, had been reached so far. He said that, with less than two weeks to go, the lack of clarity had been causing unease. He described the update as a piece of welcome news. He also discussed how the day’s session reminded him of the kind of market behavior that often punishes those who bet against it.
Cramer said he is always paying close attention to signs of broadening leadership, because such shifts tend to catch short sellers off guard, and he does not want to be on the wrong side of that kind of move again. “Right now, we have a runaway bull for certain,” he said, and added:
“In fact, it’s a bull jailbreak for heaven’s sake, and the bovines are running rampant, trampling the bears who were possessed with the narrow nature of what brought us this high to begin with.”
According to him, those bears remained short, and probably still are. Cramer encouraged viewers to look more closely at what was actually working in the market. He pointed to communication stocks as a group that had started to gain real traction.
Our Methodology
For this article, we compiled a list of 11 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on June 26. We listed the stocks in ascending order of their hedge fund sentiment as of the first quarter of 2025, which was taken from Insider Monkey’s database of 1,000 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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
11 Stocks That Jim Cramer Recently Commented On
11. Aurora Innovation, Inc. (NASDAQ:AUR)
Number of Hedge Fund Holders: 33
Aurora Innovation, Inc. (NASDAQ:AUR) is one of the 11 stocks that Jim Cramer recently commented on. A caller inquired after Cramer’s thoughts on the company, and he remarked:
“I know the company, and here’s what I’m going to say… another time in the show, where I’d say, listen, that’s too speculative. But I have seen these speculative stocks go up and up, and I’m not going to make you sell Aurora Innovation when a headline would cause that stock to double.”
Aurora Innovation (NASDAQ:AUR) develops autonomous driving technology through its Aurora Driver platform, which integrates hardware, software, and data services to support multiple vehicle types and use cases. It is worth noting that when Cramer was asked about the company on April 7, he commented:
“You know it’s not making money and if we have a recession all those companies don’t make money, they lose you money. So I’m not going to let you be in that one.”
For context, Aurora Innovation (NASDAQ:AUR) stock has gained more than 91% over the past year.
10. QXO, Inc. (NYSE:QXO)
Number of Hedge Fund Holders: 36
QXO, Inc. (NYSE:QXO) is one of the 11 stocks that Jim Cramer recently commented on. A caller asked if it was a good time to start a position in the stock or if they should hold off. Cramer replied:
“I am going with Brad Jacobs. He’s the Houdini of people. He’s a billion… how to make a billion. Makes a billion when he walks down the street. He makes a billion when he looks out the window. I want to be in his billionaire train.”
QXO (NYSE:QXO) supplies a variety of building materials, including roofing systems, siding, waterproofing solutions, insulation, and construction tools. The company provides asphalt, metal, wood, and tile roofing, as well as exterior and interior building components. Tsai Capital stated the following regarding QXO, Inc. (NYSE:QXO) in its Q4 2024 investor letter:
“We initiated a position in QXO, Inc. (NYSE:QXO) at approximately $11 per share. Under the leadership of Brad Jacobs, the company is in the early stages of executing a bold plan to consolidate and disrupt the $800 billion building products distribution industry. Having previously invested in two of Brad’s highly successful ventures, United Rentals and XPO Logistics, Tsai Capital is excited to support his latest endeavor.
It’s our goal to partner with exceptional capital allocators. Having followed Brad’s remarkable career for nearly three decades and having spent many hours speaking with him over the years, I consider him one of the best in the field. Notably, his personal commitment of $900 million to QXO further aligns his interests with ours.
With approximately $5 billion in cash and no debt, QXO is well-positioned to make its first acquisition in North America, targeting a major player in the industry. Based on Brad’s proven playbook, we believe this initial acquisition will serve as a platform for further acquisitions.
Although QXO’s stock price has appreciated since our initial purchase, we believe the market has yet to fully recognize the extent to which the company is likely to deploy capital at attractive rates of return, not to mention the economic moat that Brad has already built. The company’s advantages are grounded in an exceptional network of professional contacts that he has developed over decades and a carefully curated team of driven and talented professionals, many of whom have worked with him in the past.”
