In this piece, we will look at the stocks that Jim Cramer recently discussed.
In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer discussed the recent stock market rally. He outlined that as opposed to most rallies, this one was not led by the Magnificent 7 stocks. Cramer commented that the rally was quite broad and influenced by bank and industrial stocks:
“We’re coming in hot. But it may not matter. We’ve got a lot of companies that I think are going to report great numbers. We’re led by different stocks. We’re not led by Mag 7. We’re led by the banks and a lot of industrials and I kind of like that. The rally is as broad as you could get. I think anytime, if you look at anytime say the last decade, you would say, you know what okay sure maybe there should be a pullback but I want in. Because the stocks that are selling at low multiples are going higher.
The CNBC host also commented on trade deals and President Trump’s recent bill that cleared Congress:
“The trade deals are going higher. . . the trade deals are good. So I don’t, look I can easily criticize. And I don’t. Do I like Medicaid being cut? I mean we can go into that. No I mean I don’t, because Medicaid’s for people who are poor and do I like the fact that I get a big tax break? Well everyone wants a big tax break, but would I forgo it in order for people to have more healthcare? Kind of yeah, I want this country to be rich. That’s how I get rich, is that the country be rich. But I think that, Carl, yes there’s three trillion dollars added, let’s say you take Secretary Bessent at his word, you get a nice rebate from the tariffs. So it’s not easy to spitball, it’s not easy to say, look are you kidding me? Spitball meaning like spitballing the President. It’s not easy to do that because there are a lot of things that good!”
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 July 7th.
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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
11. Netflix, Inc. (NASDAQ:NFLX)
Number of Hedge Fund Holders In Q1 2025: 150
Netflix, Inc. (NASDAQ:NFLX) is the world’s largest streaming company and one of Cramer’s favorite stocks. The firm’s shares have gained 43.8% year-to-date, primarily due to its wide lead in the streaming industry. In his earlier remarks about Netflix, Inc. (NASDAQ:NFLX), Cramer has praised the firm’s content pipeline and its global operations in particular. The firm is also rapidly expanding its business to include programming typically offered by traditional media and left out by it. For instance, Netflix, Inc. (NASDAQ:NFLX) recently announced that it would partner with NASA to stream space-related content to viewers. Cramer commented on a recent downgrade by Seaport that saw the firm downgrade Netflix, Inc. (NASDAQ:NFLX)’s shares to Neutral from Buy and remove its previous $1,230 price target. Here’s what Cramer said about the downgrade:
“Look anyone who feels that they want to take Netflix off the table, that’s okay.”
In his earlier comments about Netflix, Inc. (NASDAQ:NFLX), Cramer commented on the firm spending a billion dollars in Spain:
“Fantastic. . . when you’re on the conference call, they talked about how demand for content and you make it there versus how we do it which is we parachute down and then we get a couple of scenes. They are just, they talk about playing chess and checkers. I mean they are loved overseas because they provide a lot of jobs, the product is very colloquially Spanish. They’re tough to beat.
“How about they make a movie in Uruguay about, you know about the plane crash and cannibalism. It’s like. . Uruguay must be like, this is our chance. Because no, Netflix is a global source.”
10. Wells Fargo & Company (NYSE:WFC)
Number of Hedge Fund Holders In Q1 2025: 88
Wells Fargo & Company (NYSE:WFC) is one of the biggest and most controversial banks in America. 2025 has been an important year for the firm as it has finally been able to shake off restrictions levied on it by the Federal Reserve in 2018 after a fake accounts scandal. Wells Fargo & Company (NYSE:WFC)’s shares have gained 16% year-to-date and are up by 33.8% since early April after experiencing a sharp 15.6% drop in April after President Trump’s Liberation Day tariff announcements. In his previous remarks about the bank, Cramer has wondered whether the stock is too cheap and pointed out that Wells Fargo & Company (NYSE:WFC) CEO Charlie Scharf is seeking to gain market share from rivals. This time around, he commented on Raymond James downgrading the stock to Market Perform from Outperform:
“Wells I think is ridiculous. You got 14 times earnings with a final breakout just because it gets to a high. That makes no sense to me.”
Earlier, the CNBC TV host had commented on Wells Fargo & Company (NYSE:WFC)’s valuation:
“Finally, there’s Wells Fargo, another Charitable Trust holding, and a company that’s been on a regulatory winning streak since a month ago when the Fed lifted the asset cap that’s been holding them back for seven years. Wells Fargo announced a 12.5% dividend hike, which brings that yield up to 2.19%… Bank of America and Wells Fargo are the next cheapest, but they both trade at a little less than 2 times tangible book value, a huge premium to Citi… And look, when you judge the bank stocks on a price-to-earnings basis, you get a similar story… Bank of America and Wells Fargo, 13 and 14 times earnings, respectively…
Still, with the banks featuring discount multiples compared to the overall market, you know what, I’m not so sure that the good times… necessarily have to end for this group. I think they can continue moving higher. The bottom line: In this environment, I bet the big banks are some of the best investments this year, yet still very inexpensive, at least on earnings versus the rest of the market, have more room to run, maybe much more. As for which ones you should own, well, that’s a personal choice. I’m very happy with Goldman Sachs and Wells Fargo. We own those for the Charitable Trust.”