In this piece, we will look at the stocks Jim Cramer discussed.
In his latest appearance on CNBC’s Squawk on the Street, Jim Cramer discussed quantum computing stocks and consumer spending. Cramer continued to assert that retail investors just want to own quantum computing stocks and warned that the sector was quite speculative:
“And then, you know, overlooked, but we need to do quantum. D-Wave, because a lot of people feel that they have the edge, I don’t know. There’s also a Quantinuum, that’s owned by Honeywell. . .I think that people still love quantum, they just want to own quantum. Watch that because that is probably the most speculative part of the market.”
As for consumer spending, he tied it with the drop in flights all over the US due to the government shutdown:
“And I think what happens is that, there gets to be a mood, and the mood is one of, not only do you not want to spend, you don’t want to go, you’re thinking that you’re, whatever plans that you have are worth, should be cancelled. And I think that’s kind of why we can rally so much, because it just seemed like by the day consumer confidence was going down. And it turns out I think that people like to visit family, and, you just, you look at those four, and those four, everything they post, is kind of meaningless.”
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 10th.
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).
12. Eaton Corporation plc (NYSE:ETN)
Number of Hedge Fund Holders In Q2 2025: 74
Eaton Corporation plc (NYSE:ETN) is a power management company that makes and sells equipment for industrial and residential use. The firm made headlines last week after it announced a $9.5 billion deal to buy Boyd Corporation’s thermal business. The deal is expected to beef up Eaton Corporation plc (NYSE:ETN)’s presence in the liquid cooling industry for data centers. Discussing the deal after its announcement, Cramer pointed out that liquid cooling was very important for the next generation of data centers. He went as far as to call Eaton Corporation plc (NYSE:ETN) a “well run” company owned by his charitable trust. However, in a later appearance, Cramer added that it was important to time purchases of the shares. In this appearance, he briefly praised Eaton Corporation plc (NYSE:ETN)’s acquisition:
“Eaton reported, and they made a great acquisition with this Boyd. . .”
The November appearance wasn’t the first time Cramer had recommended buying Eaton Corporation plc (NYSE:ETN)’s shares. For instance, he commented in March 2025:
“It’s unbelievable… It is unbelievable. That quarter was not that bad. I can’t believe what’s happened to the stock. I was talking with Jeff Marks today. We think it should be bought and bought right now.”
11. DaVita Inc. (NYSE:DVA)
Number of Hedge Fund Holders In Q2 2025: 43
DaVita Inc. (NYSE:DVA) is a healthcare company that caters to the needs of kidney patients. Cramer made these remarks after co-host Carl Quintanilla discussed the stock’s performance and commented that it was among a group that was “leading us lower”. Healthcare stocks were shaky as legislation in the Senate without the subsidies appeared to be making its way to approval. Cramer previously discussed DaVita Inc. (NYSE:DVA) in September, as he pointed out that while the firm’s buybacks made it a good contender to buy, he was wary due to RFK Jr. Here’s what he said about DaVita Inc. (NYSE:DVA) in this appearance:
“People are talking, people are saying that, they needed these subsidies. And I’m not going to disagree. . the Democrats would go for it before the ridiculous aircraft thing this weekend. . .So that group is not, I’m not saying they’re un-investable, because those things always tend to bounce back.”
Here is what Cramer said on September 9th about DaVita Inc. (NYSE:DVA) and buybacks:
“In terms of just closing your eyes and buying stocks that have a large share count shrinkage, DaVita’s number one. Now, this is a kidney dialysis company that has indeed retired 9% of its share count annually for the last 10 years. That’s big. But you see, it’s not something I want to buy with RFK Junior anywhere near the specialty medicine business.”
10. HCA Healthcare, Inc. (NYSE:HCA)
Number of Hedge Fund Holders In Q2 2025: 73
HCA Healthcare, Inc. (NYSE:HCA) is one of the largest healthcare chains in America. Cramer doesn’t frequently discuss the firm, and in this appearance, he made the following remarks after co-host Carl Quintanilla discussed healthcare stocks dragging down the market at open. The stocks were lower as investors worried about the Senate passing legislation without extending healthcare subsidies, which have been a key point of contention for weeks. In 2025, Cramer previously discussed HCA Healthcare, Inc. (NYSE:HCA) in May when he expressed worries about the firm suffering from Medicaid cutbacks. This time, he discussed why the shares were down:
“People are talking, people are saying that, they needed these subsidies. And I’m not going to disagree. . the Democrats would go for it before the ridiculous aircraft thing this weekend. . .So that group is not, I’m not saying they’re un-investable, because those things always tend to bounce back.”
Cramer also discussed HCA Healthcare, Inc. (NYSE:HCA) in September 2024. Here is what he said:
“In the interest of keeping things fresh, let me give you a new idea, one we talked about not that long ago: HCA Healthcare. That’s the big hospital chain. HCA has been making a mint from the major uptick in patients coming in for non-urgent procedures. Incredibly, there’s still a huge backlog of people who postponed going to the hospital during the pandemic.
“When I think in football terms, HCA reminds me of Detroit Lions tight end Sam LaPorta, the first intentional pick of the *Ski Daddies*, my fantasy team in Tuesday night’s draft. Yes, I was on autopilot for the first round. LaPorta burst onto the scene with an incredible rookie campaign last year, accumulating nearly 900 yards and a whopping 10 touchdowns. No other tight end had more than six. That’s how he ended up as the best tight end last season, even outperforming Taylor Swift’s boyfriend!
“But both LaPorta and HCA still somehow feel undervalued. Despite HCA being up 47% year-to-date, the stock still sells for less than 18 times earnings, offering a huge discount to the S&P 500. Meanwhile, LaPorta still isn’t a household name, despite his huge first season. Two good options with high floors and lots of upside.”
9. Molina Healthcare, Inc. (NYSE:MOH)
Number of Hedge Fund Holders In Q2 2025: 42
Molina Healthcare, Inc. (NYSE:MOH) is a healthcare insurance company. Its shares closed 7% lower yesterday. Cramer commented that the firm needed subsidies after co-host Carl Quintanilla remarked that stocks such as Molina Healthcare, Inc. (NYSE:MOH) were dragging the market lower at the open. The CNBC TV host outlined that investors were worried about the firms needing the subsidies and held back from calling the group completely uninvestable:
“People are talking, people are saying that, they needed these subsidies. And I’m not going to disagree. . the Democrats would go for it before the ridiculous aircraft thing this weekend. . .So that group is not, I’m not saying they’re un-investable, because those things always tend to bounce back.”
Cramer previously discussed Molina Healthcare, Inc. (NYSE:MOH) back in March. Here is what he said:
“Finally, look at a little outfit called Molina Healthcare, again, I’m looking at the leaderboard, the domestic health insurer that works with state governments to give people healthcare while trying to keep costs down. These guys have no exposure to tariffs whatsoever, one reason why the stock rallied more than 4% today. That’s an ideal service business when you’re talking about 25% tariffs on foreign cars.”
8. Centene Corporation (NYSE:CNC)
Number of Hedge Fund Holders In Q2 2025: 59
Centene Corporation (NYSE:CNC) is one of the largest healthcare benefits management companies in America. After co-host Carl Quintanilla remarked that firms such as Molina and HCA were leading the market lower at the open, Cramer also brought Centene Corporation (NYSE:CNC) into the equation. The shares closed 8.8% lower yesterday, and Cramer pointed out that the firm needed the healthcare subsidies. Here is what Cramer said about Centene Corporation (NYSE:CNC) and the group as a whole at market open:
“People are talking, people are saying that, they needed these subsidies. And I’m not going to disagree. . the Democrats would go for it before the ridiculous aircraft thing this weekend. But Centene is the one that relies on it the most, Centene needed that. . . So that group is not, I’m not saying they’re un-investable, because those things always tend to bounce back.”
Yet, in July, after Centene Corporation (NYSE:CNC)’s decision to withdraw its full-year guidance in July, Cramer did call the sector “uninvestable”:
“Today, some of the biggest losers in the market were a handful of managed care companies led by a company called Centene… That stock plunged over 40%. This is the worst single-day performance on record because last night after the close, the company withdrew its full-year forecast…
“Now, after its preliminary analysis of the data, Centene told us that it now expects a $1.8 billion reduction in its expected risk adjustment revenue transfers from the federal government, and that is a huge hit, people. As a result, management expects a $2 and 75 cents hit to earnings per share this year, which is horrifying given that as of the most recent update in late April, Centene was looking to earn more than $7 and 25 cents per share for 2025. So what are we talking? We’re talking about a 35 to 40% hit to their numbers. No wonder the stock was eviscerated…
“What last night’s announcement from Centene indicates is that there’s already some attrition in healthcare exchange enrollment… And worse, what they’re finding out is that the population that’s remaining for the Obamacare exchanges is less healthy… Basically, the people who are leaving the healthcare exchanges are actually some of the people that insurers want to cover, healthier people who pay their premiums but don’t require much medical care.
“And what’s left now that the more healthy people are no longer enrolling is a less healthy population, which, of course, is bad news for the insurers. Because Centene’s the largest player in the healthcare exchange space, they’re getting the hardest hit, okay? Unfortunately, I think the situation’s only going to get worse. In order to account for the new situation, Centene will likely have to raise its premiums, which will lead to fewer people enrolling…
“… So here’s the bottom line: Given this news from Centene, I think the whole managed care industry is borderline uninvestible right now, and unfortunately, things will get worse for the sector before they get better. So I just can’t justify telling you to own these stocks right now, even after they’ve already come down so dramatically. Very painful story, very.”
7. Oscar Health, Inc. (NYSE:OSCR)
Number of Hedge Fund Holders In Q2 2025: 43
Oscar Health, Inc. (NYSE:OSCR) is a mid-sized healthcare benefits company. It was one of the worst-hit stocks yesterday as the shares closed 17.6% lower. Cramer attributed the dip to healthcare subsidies, as he discussed Oscar Health, Inc. (NYSE:OSCR) after co-host Carl Quintanilla pointed out that stocks such as DaVita and Molina were dragging the market at open. The dip marked another large move for Oscar Health, Inc. (NYSE:OSCR)’s shares in less than a month after they surged by 7.9% in October following the announcement of a new insurance product for perimenopause and menopause. During this show, Cramer commented that Oscar Health, Inc. (NYSE:OSCR) needed healthcare subsidies:
“People are talking, people are saying that, they needed these subsidies. And I’m not going to disagree. . the Democrats would go for it before the ridiculous aircraft thing this weekend. . .Oscar needed that. So that group is not, I’m not saying they’re un-investable, because those things always tend to bounce back.”
Year-to-date, Oscar Health, Inc. (NYSE:OSCR)’s shares are up by 7.8% after benefiting from tailwinds such as reaffirming its full-year growth guidance in September to mark a 16.6% week-over-week gain.
6. Alphabet Inc. (NASDAQ:GOOGL)
Number of Hedge Fund Holders In Q2 2025: 219
Not a day goes by without Jim Cramer discussing Alphabet Inc. (NASDAQ:GOOGL) and its several businesses. The CNBC TV host has consistently lamented selling the shares earlier this year on worries of legal action against the firm. Along with Amazon and Microsoft, Alphabet Inc. (NASDAQ:GOOGL)’s cloud computing business is a key player in the AI race. While Cramer has discussed the cloud business, the firm’s quantum operations have also frequently crossed his radar. In fact, he has gone as far as to suggest that those looking to invest in quantum should consider either Alphabet Inc. (NASDAQ:GOOGL) or IBM as their only options. In this appearance, he discussed YouTube and the Sunday Ticket:
“[After Faber wondered if YouTube overpaid for the Sunday Ticket] I don’t think so. I met with the team that bought it. It was a huge windfall for them, and they don’t even, they can’t even calculate how much money they made from that. That division is one of the divisions that’s just crushing it.”
5. Tyson Foods, Inc. (NYSE:TSN)
Number of Hedge Fund Holders In Q2 2025: 47
Tyson Foods, Inc. (NYSE:TSN) is one of the largest meat companies in America. The firm reported its earnings for the fourth fiscal quarter and full year on Monday. The results saw Tyson Foods, Inc. (NYSE:TSN) post $13.86 billion in net sales and $1.15 in adjusted earnings per share. These results missed analyst revenue estimates of $13.97 billion and beat the EPS estimates of $0.83. However, Tyson Foods, Inc. (NYSE:TSN) remained optimistic about the future as it guided fiscal 2026 revenue to grow at a midpoint of 3% which was above analyst estimates of 2.3%. Management commented that beef remained the only soft business for Tyson Foods, Inc. (NYSE:TSN), and Cramer agreed with their assessment:
“I know Carl you are a Cole Porter fan, there’s a terrific song that starts birds do it, bees do it but apparently cows aren’t doing it! Because the cattle herd is as low as in 1951, and that’s one of the reasons why Tyson Foods, looked like a blowout, can’t seem to make a lot of money. The squeeze on beef is horrendous. It’s also hurting any company that sells beef.
“But I do think that, Tyson I thought would be up a lot. But cows have to, what, they forget?”
4. Texas Roadhouse, Inc. (NASDAQ:TXRH)
Number of Hedge Fund Holders In Q2 2025: 39
Texas Roadhouse, Inc. (NASDAQ:TXRH) is a casual restaurant dining chain. Cramer discussed the firm in the context of the ongoing beef crisis in the US. Texas Roadhouse, Inc. (NASDAQ:TXRH) factored into the discussion after the CNBC TV host commented on Tyson Foods’ latest earnings results, which saw management outline the impact of cattle herds in the US being at their lowest in 75 years. Cramer commented on Texas Roadhouse, Inc. (NASDAQ:TXRH) prices and outlined that investors were happy after the firm insisted that it continued to experience strong foot traffic despite the beef troubles:
“My charitable trust owns it, it is doing so well but what can I say, they decided to keep the price point because they are loyal to their users. And the stock was actually up, four on Friday because they did indicate, listen people are still coming.”
In a Mad Money appearance on August 26th, Cramer discussed Texas Roadhouse, Inc. (NASDAQ:TXRH) shares and recommended that viewers buy them:
“In America, we have the smallest herd of cattle since the 1950s. That’s shocking. Is it any wonder why the stock of Texas Roadhouse, a huge meat buyer for its $11 steak dinner, didn’t make its quarter? It’s because of this… We haven’t seen anything close to this since cattle prices peaked in 2014. At the time, the fundamental narrative was as overwhelmingly positive as it is today, but… that didn’t prevent the cattle market from giving back the entire rally over the next two years.
Garner’s (Carley Garner, a seasoned market technician, co-founder of DeCarly Trading, and author of Higher Probability Commodity Trading) betting that scenario will repeat itself, which means eventually we could be looking at $1.25 cattle. I know that’s hard to believe, but if history’s any guide, Garner’s on the right track, and if she’s on the right track, I gotta tell you, after a weak quarter that Texas Roadhouse I believe is having right now, that’s the name to be in. That’s why our Charitable Trust continues to buy it.”
3. McDonald’s Corporation (NYSE:MCD)
Number of Hedge Fund Holders In Q2 2025: 78
McDonald’s Corporation (NYSE:MCD)’s shares are up by 2.5% year-to-date despite the multifaceted turmoil that the restaurant sector is facing. Restaurant firms have suffered from a price-conscious customer and turmoil in the beef industry. However, Cramer has repeatedly pointed out that McDonald’s Corporation (NYSE:MCD)’s scale has meant that the restaurant chain has been able to lower prices as consumers struggle. In this appearance, he also praised McDonald’s Corporation (NYSE:MCD)’s latest quarterly earnings report. The results saw the firm’s same-store sales grow by 3.6%, but its revenue and EPS missed analyst estimates. Yet, despite the miss, Cramer asserted that McDonald’s Corporation (NYSE:MCD) had a good quarter:
“But wow, I don’t know, even Shake Shack, anybody who sells, has beef, is hurting, with the exception of obviously, once again, McDonald’s which had a very good quarter.”
As to why he believes McDonald’s Corporation (NYSE:MCD) had a good quarter, here’s what Cramer said after the earnings:
“Or how about a stock like McDonald’s? Headlines come out this morning, they say it’s a big disappointment, a huge disappointment. It was a big miss on revenues, big miss on earnings, red ink. Well, it made it look like the stock had to go lower, right? But what if the red ink is wrong? What if it was just one more trick of the index sellers? All restaurants have been challenged during this period. What matters is how they respond to the darn challenge. McDonald’s, unlike so many other chains that lack the scale and the strength, is lowering prices, lowering them dramatically, and it’s working. The other guys keep hoping customers will just get wealthier, come back. They don’t want to admit that they’re taking prices way too high to levels where the consumer’s too cash-strapped to afford them. . .”
2. Amgen Inc. (NASDAQ:AMGN)
Number of Hedge Fund Holders In Q2 2025: 62
Amgen Inc. (NASDAQ:AMGN) is a drug company that makes and sells medicines for a wide variety of ailments, such as arthritis and ulcers. Just like he believes that Pfizer needs to showcase new products to excite investors, Cramer also holds the same opinion for Amgen Inc. (NASDAQ:AMGN). While his comments about the firm were brief in this episode, they were quite important as they tied into what Cramer said about the company in August. Back then, he outlined that he took a medicine called Repatha for cholesterol. The CNBC TV host wished that Amgen Inc. (NASDAQ:AMGN) offered the drug in pill form. In this episode, he mentioned Repatha again:
“I’ve got Amgen, they’ve got a, they have something that is going to be used for weight but the really big thing is Repatha, which is their drug for cholesterol. It’s very important.”
Here’s what Cramer said about Amgen Inc. (NASDAQ:AMGN) and Repatha in August:
“I take medicine, called Repatha, by the way, which is really good, it’s an Amgen medicine. It lowers cholesterol, and it’s said to be maybe removing plaque from your . . . You want that. But David. It hurts like you wouldn’t believe it, like a banshee. Like a banshee. I mean every Sunday, I’m like aaaaah, now maybe it’s because I’m sensitive. Kind of like your dial up, pssh khwuuum. . .and I wish it were [available in oral form] because boy it’s an amazing medication. I think I wish for Amgen, get than thing in a pill form, everybody in the world would be taking it. Stock’s at 285, sells at 13 times earnings, that’s crazy.”
1. Dutch Bros Inc. (NYSE:BROS)
Number of Hedge Fund Holders In Q2 2025: 44
Dutch Bros Inc. (NYSE:BROS) is a beverage company that sells coffee, energy drinks, and shakes, among others. Its shares are flat year to date, and their movement has been rather remarkable as the stock is down to $56 from trading at $85 in February. Cramer commented in September about the dip in Dutch Bros Inc. (NYSE:BROS)’s shares. He stated that the “speculative froth” had come out of the stock and added that after buying at the $53 level, viewers should “buy some in the 40s.” In this appearance, he praised Dutch Bros Inc. (NYSE:BROS)’s latest quarter. The results saw the firm post $423 million in revenue and $0.19 in diluted EPS to beat analyst estimates of $414 million and $0.17. Cramer went as far as to say that Dutch Bros Inc. (NYSE:BROS) was one of the best stories out there:
“Dutch Bros had a good quarter. I’ve got them, I think that that’s one of the greatest stories out there.”
As to why he thinks that Dutch Bros Inc. (NYSE:BROS) is great, here are his thoughts from October:
“I think Dutch Bros, the decline is actually creating that opportunity now. It does have a very high price-to-earnings multiple. At the same time, I do feel that this is a growth company that’s going regional and national, and therefore, it can be bought right here. You buy some and then you wait till the 40s if it goes down there. And that’s the way I’d play it.”
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