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.”
9. Deere & Company (NYSE:DE)
Number of Hedge Fund Holders: 53
Deere & Company (NYSE:DE) is one of the 11 stocks that Jim Cramer recently commented on. The company was mentioned during the episode, and here’s what Mad Money’s host had to say:
“In May of last year, I told you that Deere was finally taking control of its own destiny, even if that might… take some time to play out. And in retrospect, that was a good call… Funny thing about Deere, while the stock’s roared over the past 12 months, the company hasn’t been putting up particularly good numbers… But even though the numbers have been hideous in absolute terms, Deere’s results have consistently come in better than expected. How’s it possible? Simple. This company is hostage to the agriculture market, which means their business rise[s] and falls based on factors that they’ve got, let’s say, no control over…
More important, the stock’s been roaring because crop prices, interest rates, and the dollar have finally started going in the right direction, at least from Deere’s perspective… If rates are headed lower, that’s phenomenal for Deere’s business… Plus, there are all long-term reasons to like Deere that never really went away. This company is still the king of farm equipment with best-in-class technology…
… Deere is now selling for 27 times earnings. That’s somewhat higher for a machinery company, considerably higher than the S&P 500 PE multiple, but I think you can justify it given the tech angle. Plus, Deere’s a cyclical stock, and the cyclicals always seem expensive near the bottom. It looks pricey because the earnings are at a very low level. But if crop prices can bounce and interest rates come down, Deere will be able to report much better numbers.
So here’s the bottom line: After years of trading sideways, this stock’s finally had a major breakout over the past 10 odd months. Even though Deere and markets are still in pretty rough shape, but the stock’s working because the company always had great execution, and the agricultural equipment business is turning around. That’s why I think its rally, so far, can be justified and why I think it will continue to run.”
Deere (NYSE:DE) produces and sells a broad portfolio of equipment, including tractors, harvesters, mowers, and machinery used in construction. Furthermore, the company provides financial services that support equipment purchases and lease agreements.
8. Marathon Petroleum Corporation (NYSE:MPC)
Number of Hedge Fund Holders: 57
Marathon Petroleum Corporation (NYSE:MPC) is one of the 11 stocks that Jim Cramer recently commented on. During the lightning round, a caller asked about the company, and in response, Cramer commented:
“Yes, and it’s a good one. I think you want to own that stock. I like it very, very much. I just think that it’s one of the few… in that group that I actually want to own.”
Marathon Petroleum (NYSE:MPC) is an integrated energy company focused on refining crude oil, producing and marketing fuels and petrochemicals, transporting and storing hydrocarbon products, and processing renewable feedstocks into renewable diesel for distribution through various channels. Oakmark Fund stated the following regarding Marathon Petroleum Corporation (NYSE:MPC) in its Q1 2025 investor letter:
“Marathon Petroleum Corporation (NYSE:MPC) is an integrated downstream energy company that refines, markets and transports petroleum products. Marathon commands the largest refining system in the United States with operations in attractive regions, which has provided meaningful cost advantages for the company and significant barriers to entry for competitors. In addition, we think Marathon’s midstream business is an attractive asset thanks to its high market share in one of the most prolific gas fields in the world, which provides stability to the company’s cash flows. Lastly, we appreciate management’s focus on returns on invested capital and willingness to return capital to shareholders. Over the last year, refining industry margins have come under pressure due to a global wave of new supply during a period of soft demand. We believe industry margins have fallen below sustainable levels and that, in the long run, supply and demand will return to balance which should lead to higher refining margins for Marathon. Today’s short-term imbalance provided the opportunity to purchase shares at an attractive valuation relative to both current and mid-cycle earnings.”
7. Target Corporation (NYSE:TGT)
Number of Hedge Fund Holders: 62
Target Corporation (NYSE:TGT) is one of the 11 stocks that Jim Cramer recently commented on. When a caller asked about the stock, Cramer replied:
“Right now, remember, we don’t care… in this show, we don’t care where a stock is going… We don’t care where it’s come from, we care where it’s going. And I’ve gotta tell you, this stock, obviously, everybody’s got, almost every single person in the country has a loss in this thing right now. So that doesn’t matter. It yields 4.6. I happen to think that… ever since it [has] gotten to the high 4s when it came to the yield, it stopped going down. I think it will continue to be the case because they do have an excellent balance sheet. So I’m going to say you can hold it. I’m not going to tell you to buy it.”
Target (NYSE:TGT) is a retail company that provides a broad selection of merchandise, including apparel, beauty products, groceries, electronics, and home furnishings. The company also offers personal care items, baby essentials, pet supplies, and general household goods.
6. Toast, Inc. (NYSE:TOST)
Number of Hedge Fund Holders: 64
Toast, Inc. (NYSE:TOST) is one of the 11 stocks that Jim Cramer recently commented on. Highlighting that the stock is a favorite of Josh Brown, CEO of Ritholtz Wealth Management, a caller inquired about the company, Cramer stated:
“Oh, I know that Josh likes that. Now. I like Toast too, because I was in the restaurant business. I thought it was a commodity, it’s proprietary. They’re taking out the whole world by storm. You got a good one there…”
Toast (NYSE:TOST) provides a cloud-based platform tailored for the restaurant industry, and it offers tools for point-of-sale, operations, team management, accounting, and financial technology to streamline and enhance restaurant management. It is worth noting that over the past year, TOST stock gained more than 68%. Additionally, in January 2024, when Cramer was asked about the company during the lightning round, he remarked, “We got to see them make money. If they make money, then I am on board. Not until then.”
5. Chevron Corporation (NYSE:CVX)
Number of Hedge Fund Holders: 81
Chevron Corporation (NYSE:CVX) is one of the 11 stocks that Jim Cramer recently commented on. In response to a caller’s inquiry about the company, Cramer commented:
“Okay, I’ll tell you how I feel about the oil business. I don’t like it, but I do like the dividends. Because of the dividends, I’m willing to bless them. But if they didn’t have good dividends, believe me, I wouldn’t go near the group because I think that the group is just not in good shape.”
Chevron (NYSE:CVX) is involved in integrated energy and chemical operations, including the exploration, production, processing, and transportation of oil and gas, the development of liquefied natural gas, carbon capture initiatives, refining, and the manufacturing and marketing of fuels, petrochemicals, and related products.
The company returned $6.9 billion in cash to shareholders during the first quarter, including $3.0 billion paid in dividends. Chevron (NYSE:CVX) declared a quarterly dividend of $1.71 per share, which was distributed on June 10. The stock has a yield of 4.76%. Additionally, on May 28, Cramer stated:
“Okay, I think that you have to have a view on oil when you think about this one…. And I think that first, I think oil’s going lower. I think it goes to the 50s. I think it’s part of the president’s plan to be able to reduce the inflation rate. However, it does yield 5%. I don’t want to reach for yield. I never want to just say, you know what, I’ll take the 5% and not worry about the common stock. You are going to wait till this stock at 136 goes to 130 before you pull the trigger and not until then.”
4. Exxon Mobil Corporation (NYSE:XOM)
Number of Hedge Fund Holders: 94
Exxon Mobil Corporation (NYSE:XOM) is one of the 11 stocks that Jim Cramer recently commented on. Mentioning that they have seen gains owing to their positions in energy stocks, a caller asked about the company. In response, Cramer remarked:
“Okay, I’ll tell you how I feel about the oil business. I don’t like it, but I do like the dividends. Because of the dividends, I’m willing to bless them. But if they didn’t have good dividends, believe me, I wouldn’t go near the group because I think that the group is just not in good shape.”
Exxon Mobil (NYSE:XOM) is engaged in the exploration, production, manufacturing, trading, and sale of crude oil, natural gas, petroleum products, petrochemicals, and specialty items. The company also invests in lower-emission technologies such as carbon capture, hydrogen, and lithium. The company returned $4.3 billion to shareholders through dividend payments during the first quarter. It also announced a second-quarter dividend of $0.99 per share. Moreover, XOM stock has a yield of 3.62%.
3. UnitedHealth Group Incorporated (NYSE:UNH)
Number of Hedge Fund Holders: 139
UnitedHealth Group Incorporated (NYSE:UNH) is one of the 11 stocks that Jim Cramer recently commented on. Having bought half the amount of shares they intended to a while ago, a caller inquired whether now would be a good time to purchase the remaining half. In response, Cramer said:
“Well, I’ve gotta tell you, there’s going to be what I think is a clearing event on July 29th where they’re going to talk about it. And I think that you might have, look, you may have to pay up 50 points if it turns out this is a good event. But I’m not going to tell you to buy more right now, and why?
Because they had irregularities, and the irregularities mean to me that maybe it’s a more of a dice roll than you think. I happen to think, by the way, that Steve Hemsley, who’s the CEO, I think the world of him, that makes me inclined to say, keep the stock. But I can’t tell you to pound the, I can’t pound the table because in the end, UnitedHealth did some things that were wrong. And when you do something that is wrong, I do not put my name on your stock.”
UnitedHealth Group (NYSE:UNH) is a diversified healthcare company that provides a broad range of health benefit plans, care delivery services, pharmacy care programs, and data-driven solutions.
2. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders: 212
NVIDIA Corporation (NASDAQ:NVDA) is one of the 11 stocks that Jim Cramer recently commented on. The company was mentioned during the episode, and here’s what Mad Money’s host had to say:
“It seems so easy now, if you wanted to make money in NVIDIA, all you had to do was hold the stock, and you did great. There was no sweat to it at all. Right back in action. Right back to the all-time high list, except that’s just not true. Holding NVIDIA for most of the year was one of the most grueling interludes I’ve ever seen… Now, we look back and we realize that while China mattered, there was plenty of other business to go around…
NVIDIA really isn’t a semiconductor company. It’s a platform of chips with tons of software that makes it truly unassailable, run by arguably the greatest visionary on earth. But unless you had that conviction, you never would’ve made it… through this gauntlet of negativity. It’s the only reason we were able to stick with NVIDIA for the Charitable Trust, despite almost three months of hideous losses.
Let me leave you with one last thought. This gauntlet may seem like a one-of-a-kind steeplechase for this amazing company, but these barriers to ownership have been put up again and again and again through the many years that it took for NVIDIA to become the biggest stock ever. It’s caused millions of people to jump out of it rather than into it and stay with it like so many CNBC Investing Club members have told me that they were able to do.”
NVIDIA (NASDAQ:NVDA) designs and develops technologies across computing, graphics, and networking. The company provides AI software, data center infrastructure, gaming GPUs, autonomous vehicle platforms, digital twin tools, and products that support enterprise AI deployment.
1. Alphabet Inc. (NASDAQ:GOOGL)
Number of Hedge Fund Holders: 227
Alphabet Inc. (NASDAQ:GOOGL) is one of the 11 stocks that Jim Cramer recently commented on. Answering a caller’s query about the company, Cramer said:
“Well, look, I do not think it’s the leader, and I do think that it’s going to be challenged because it has to balance the, basically, it’s old Google business with a Gemini, and I don’t think that’s going to work out. But I also am, I was concerned about the Justice Department suit when I sold the stock. That was a mistake because I think all that would ever happen is they’d break it up and then you would get YouTube, you would get Waymo, and you’d get Search. So I don’t like it, but I understand the long side thesis.”
Alphabet Inc. (NASDAQ:GOOGL) operates as a conglomerate, with Google as its largest business. The company’s portfolio includes widely used products and platforms such as Search, Ads, Chrome, Cloud, YouTube, and Android.
While we acknowledge the potential of Alphabet Inc. (NASDAQ:GOOGL) as an investment, our conviction lies in the belief that 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 GOOGL and that has 100x upside potential, check out our report about this cheapest AI stock.
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