12 Stocks Jim Cramer Recently Talked About In His “Idea-Driven” Market

7. Hasbro, Inc. (NASDAQ:HAS)

Number of Hedge Fund Holders In Q1 2025: 39

Hasbro, Inc. (NASDAQ:HAS) is an American toy company that owns iconic brands such as Nerf and Monopoly. The firm’s shares have gained 37% year-to-date and have recovered all of their post-Liberation Day losses. Hasbro, Inc. (NASDAQ:HAS)’s stock jumped by 14.6% in April after the firm’s first-quarter earnings results beat analyst revenue and EPS estimates. The stock has gained 5% in July after a bullish Goldman Sachs investor note increased the share price target to $85 and upgraded the rating from Neutral to Buy. The bank believes that Hasbro, Inc. (NASDAQ:HAS)’s card and video game initiatives can generate tailwinds for the firm. In his remarks, Cramer mentioned Goldman’s coverage and added that Hasbro, Inc. (NASDAQ:HAS) is part of an idea-driven market:

“So Goldman recommends Hasbro, which has been up ridiculously. And it goes up another two! We are in an idea-driven market. . .”

Previously, the CNBC host had Hasbro, Inc. (NASDAQ:HAS)’s CEO on his show and discussed the firm’s business approach in today’s environment:

“What do you make of what’s happening at Hasbro, the iconic maker of toys and games? Last week, the company reported an impressive top and bottom line beat driven by strong momentum in their Magic the Gathering business. But management also noted that the tariffs are tough for their business, even if there are some things they can do to mitigate the damage. In response, the stock jumped more than 14% and it’s just related a few more points. So, can it keep running? Maybe investors should get cautious. […]

[Talking directly to the CEO, Chris Cox] I got a feeling that you’ll be able to- you’ll be more resourceful and you’re a conservative guy. You got credit for being conservative. The companies that are being aggressive, they’re the ones whose stocks are getting killed. I think you’re doing this exactly right.”