In this piece, we will look at the stocks Jim Cramer recently discussed.
In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer discussed the rally in major stock indexes, which saw S&P and NASDAQ stock indexes mark strong gains. Cramer remarked that the performance could be due to calm in Washington and lower interest rates. According to him:
“You come in and interest rates are lower, backdrop is one of calm in Washington. We expected that Europe was going to be tough, with tariffs, there’s nothing new there. Instead what we’re seeing is the leverage of earnings, it’s really good. Wages really haven’t been that up that much. Maybe it’s possibly about Mike Wilson who, Mike’s had a good piece today, that it could be all held by AI. I do look at the stocks that are trading up in the morning. Half of them are [inaudible] S&P, and half of them are totally speculative. I think it’s two markets. If you blend those two together, it’s a mistake. They’re just two markets.”
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 19th.
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).
12. Netflix, Inc. (NASDAQ:NFLX)
Number of Hedge Fund Holders In Q1 2025: 150
Netflix, Inc. (NASDAQ:NFLX) is one of the most frequently discussed stocks on Cramer’s show. While Cramer is one of the firm’s biggest fans, the stock fell by 4% after its latest earnings, as executives attributed the annual revenue guidance raise to a weaker dollar instead of user growth. Cramer discussed Netflix, Inc. (NASDAQ:NFLX)’s upgrades after the earnings as well as the results themselves:
“Now you could have estimates go up and up that you end up with. . .Netflix. And those. . .where you just say you know what, they moved up, moved up, moved up. But we have a lot of catch-up upgrades today. Catch-up price target bumps.
“The Netflix call by the way was very, very fractious. And I felt bad because it was like, you have them read these questions and then they like disagree with the guy. No I mean, defend yourself, defend your life. But, the fact is, people felt that Netflix was, organically didn’t have the number. And I point out, was there a day they didn’t raise Netflix? You can’t have a situation where people know it’s going to be good.”
Cramer was quite excited about Netflix, Inc. (NASDAQ:NFLX) ahead of its earnings. Here’s what he said:
“After the close, we’re treated to the most delightful of conference calls, Netflix. First thing, I have a dearth of things to watch right now. It’s really starting to bug me. So I’m going to be listening to the conference call in part because they talk about all the great overseas programming. I get some terrific ideas of what to watch when I get home that night. The bar is very high for Netflix, though, which will have to tell us how their ad tier is going, how Squid Game did, and how NFL Christmas streaming football advertising’s looking.”
11. 3M Company (NYSE:MMM)
Number of Hedge Fund Holders In Q1 2025: 69
3M Company (NYSE:MMM) is one of the largest industrial conglomerates in the world. Its shares have gained 16.7% year-to-date as part of a bullish run in industrial stocks that Cramer has commented on several times. In his previous remarks about 3M Company (NYSE:MMM), the CNBC host pointed out that the firm is benefiting from strong leadership and insulation from tariffs. However, the shares have lost 4.9% since its latest earnings report despite the firm further reducing the estimated impacts from tariffs. Here’s what Cramer said about 3M Company (NYSE:MMM) earnings:
“Now you could have estimates go up and up that you end up . . .And those, 3M, where you just say you know what, they moved up, moved up, moved up. But we have a lot of catch-up upgrades today. Catch-up price target bumps.”
“3M was, I was surprised the organic growth rate was a little disappointing. . . And they feel that 3M didn’t have the number.”
Previously, Cramer shared his thoughts about how 3M Company (NYSE:MMM) was part of a broader bull market in industrial stocks:
“Now the industrials have been on fire. The part of this broadened out bull market and one of my absolute favorites is 3M, which is beginning to remind me of the old 3M, where the question was simply how big the beat will be. CEO Bill Brown is crushing it, and this one’s been greeted with buying both before and after the conference call.”
10. American Express Company (NYSE:AXP)
Number of Hedge Fund Holders In Q1 2025: 75
American Express Company (NYSE:AXP) is a major travel and payments firm in America. It is one of the oldest players in the industry, and in his previous remarks, Cramer has praised the firm’s ability to attract younger users to its platform. American Express Company (NYSE:AXP)’s shares fell by 1.6% after its earnings, confirming Cramer’s prediction of the stock falling whether the earnings are good or bad. He briefly commented on the firm after its earnings report:
“Now you could have estimates go up and up that you end up with American Express. . .And those. . .where you just say you know what, they moved up, moved up, moved up. But we have a lot of catch-up upgrades today. Catch-up price target bumps.”
Here is what Cramer said about American Express Company (NYSE:AXP) before the earnings report:
“Then on Friday, there’s American Express, which is another stock that tends to sell off when it reports, no matter how good the numbers are. That’s why I always tell you to wait until the selling subsides if you want in this time… I don’t know what they’re thinking about, the sellers… They’ve been wrong for 150 points. Look at that stock. Listen to the call.
This company has a unique beloved product that young people cherish. What’s not to like? Steve Squeri, CEO, one of the great ones, well, he’ll have a terrific call and he will, you know what, he will tell us about why American Express card has now become not a product of a different era, our parents’ era, but a product of everyone. Everyone wants the thing. It’s prized. That stock’s going higher.”
9. Cleveland-Cliffs Inc. (NYSE:CLF)
Number of Hedge Fund Holders In Q1 2025: 43
Cleveland-Cliffs Inc. (NYSE:CLF) is a steel company whose shares have gained 17.5% year-to-date. The firm has primarily benefited from President Trump’s decision to clamp down on cheap Chinese steel flooding the US market, which is a phenomenon Cramer has regularly discussed in his show. The shares have recently gained on the back of key news such as divestitures and strong earnings performance. Here’s what Cramer said about Cleveland-Cliffs Inc. (NYSE:CLF):
“I know Lorenzo Goncalves tonight. Uh, Cleveland-Cliffs, I’ve got him for Mad Money. He bought Stelco. Stelco, doesn’t look good, bad. . .but it’s absolutely true that the President doesn’t want any steel made elsewhere. And that is, just another driving force.
“Remember, they buy almost all American. And Lorenzo’s offering a nice deal there for anybody who works there in terms buying American. He also, by the way, I think was integral in what happened in Washington.”
Previously, he discussed Cleveland-Cliffs Inc. (NYSE:CLF)’s balance sheet and exposure to the auto industry:
“Well I think that I wanted it [CLF] to win because I have been very suspicious of Nippon Steel which has had a history I believe of dumping in our country. And that is I’m getting that Dan DiMicco, the former CEO of Nucor who has continually told me the kind of dumping that we’ve seen around the world.
]”David, Cleveland-Cliffs, the balance sheet not as strong as I would hope. . . Look, Cleveland-Cliffs is. . .you can say that it’s predominant, a lot is auto steel. And auto is a section of the economy that we don’t talk enough about. Because that could be PDD’d, too. PDD, being, unfortunately deminimis. I’m just very concerned about Ford and GM. I just think that they, like many companies, build a lot of infrastructure, that was around, electric vehicles. They are under pressure.”
8. Target Corporation (NYSE:TGT)
Number of Hedge Fund Holders In Q1 2025: 62
Target Corporation (NYSE:TGT) is an off-price retailer that has seen tough love from Cramer in 2025. While the CNBC TV host is a fan of Walmart and Costco, he believes that Target Corporation (NYSE:TGT) needs to cut prices in order to become competitive. The shares have lost 22.5% year-to-date as the firm has struggled from declining foot traffic at its stores. Cramer discussed Barclays downgrading Target Corporation (NYSE:TGT)’s shares to Underweight from Equal Weight:
“Not that I think that the Target downgrade is wrong. Target’s kind of in the middle. But I do think it’s time to buy Walmart.”
Previously, he discussed Target Corporation (NYSE:TGT)’s share price performance:
“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.”
7. Dollar Tree, Inc. (NASDAQ:DLTR)
Number of Hedge Fund Holders In Q1 2025: 67
Dollar Tree, Inc. (NASDAQ:DLTR) is a discount retailer whose shares have performed well in 2025 and have gained 49% year-to-date. The stock has benefited from the firm’s decision to spin off some business units and strong earnings reports. In his previous comments about Dollar Tree, Inc. (NASDAQ:DLTR), Cramer has dismissed the firm’s claims of a slowdown in US consumer spending. This time, he commented that President Trump’s Big Beautiful Bill could ignite the retail sector, and investors who were buying Dollar Tree, Inc. (NASDAQ:DLTR)’s shares were mistaken:
“I think it could propel things. I think it could also propel retail. People are very worried about retail. I think, and they’re like, they’re huddled around Dollar Tree. I think that’s a big mistake.
“[On upgrade by Barclays] Well those are people who really genuinely believe that the consumer’s going to be much poorer in the second [half of 2025]. And those people will be proven wrong too.”
In his previous remarks, Cramer discussed Dollar Tree, Inc. (NASDAQ:DLTR) and US consumer spending:
“I had a, this outfit called HundredX on last night, it was a terrific Goldman guy who’s left Goldman to do this. Robert Pace. The indications of spend for the consumer, it’s going up. I mean, nothing is as it seems. I mean his work is just superb and it just says, right now the consumer is actually looking to spend more, maybe much more. That’s not what you get from Dollar Tree.”
6. Walmart Inc. (NYSE:WMT)
Number of Hedge Fund Holders In Q1 2025: 100
Walmart Inc. (NYSE:WMT) is the largest brick-and-mortar retailer in America. Despite the broader retail sector struggling, Cramer has remained upbeat about the stock throughout 2025. He believes that Walmart Inc. (NYSE:WMT)’s scale allows the firm to withstand the inflationary impact of tariffs. Cramer also believes that the retailer plays an important role in keeping prices down in America. His recent remarks about Walmart Inc. (NYSE:WMT) saw him assert that recent share price movement makes it an ideal time to buy the stock. Cramer kept the optimism this time as well:
“But I do think it’s time to buy Walmart.”
As for why you should buy Walmart Inc. (NYSE:WMT), here are his earlier remarks:
“Now, the next one, the number two online retailer, the number one brick and mortar retailer, is Walmart… This is a slow time for Walmart stock, but Lang (Bob Lang, founder of explosiveoptions.net and the author of Know Your Options) says that makes it the ideal time to buy the stock. The price action here has been sideways, with the stock stuck in the range of $93 to $100 for the last few months. Lang thinks that Walmart’s simply digesting its big move up from the April lows. That makes some sense to me. It was a gigantic gain. He’d be a buyer on weakness.
Why? First off, now you go to the bottom, the Chaikin Money Flow, it remains positive, although weaker than it was in May. Still, the big institutional buyers clearly haven’t finished loading up the truck. More important, the MACD line has made a bullish crossover… It’s the crossover that you really want to see, and this one has it…
And again, that’s possibly the most reliable positive signal in the book. Now, Walmart reports next month, and Lang thinks it might be a good time to start buying the stock ahead of the next quarter. Right now, this thing trades at $96 and change. Lang thinks it can make a run at its February highs of $105 for the end of the year, perhaps going all the way to $110. I agree with him. I think Walmart is at a great level to buy. Charitable Trust already owns Costco, and we already own Amazon. Don’t feel we need a third, but I do like Walmart very much.”
5. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders In Q1 2025: 328
Amazon.com, Inc. (NASDAQ:AMZN) is one of the most important retailers and cloud computing companies in America. While Cramer has focused on its Alexa platform earlier, more recently, he has started discussing the firm’s Prime Day sales and its efforts to offer discounts. This time, he discussed a Wall Street Journal article, which also commented on Amazon.com, Inc. (NASDAQ:AMZN)’s prices since President Trump introduced his tariffs in April:
“[On WSJ piece saying they’ll keep prices low but raising them instead]Look I think that Amazon is an overall piece and I don’t know how much that includes Prime, where the prices were incredibly low. Amazon’s assured me that that story, didn’t say it’s this story exactly, but anybody who thinks that the prices are up, will take a look at Prime and think that’s not true.”
Previously, Cramer discussed Amazon.com, Inc. (NASDAQ:AMZN)’s share price movement:
“We’re going to start with the daily chart of Amazon, which is Lang’s (Bob Lang, founder of explosiveoptions.net and the author of Know Your Options) favorite right now after its remarkable run over the past couple of months. Even after this move, Amazon’s trading at $222 and change, down about 20 bucks from its all-time highs…
Lang also points out that volume trends have been bullish with Amazon, often rallying on very high volume, which indicates that big institutional money managers keep loading up on this one. Finally, let’s not forget that Prime Day’s in full swing, although this year it’s four days and… not just two… I want to explain this for a second. There’s a lot of chatter this very evening that so far, Wall Street will be disappointed with the numbers from Prime and… that would obviate a lot of stuff we see. I beg to differ. I think because we’re on day two, and there’s four days, you cannot make a judgment yet.
I’m willing to go with Lang’s judgment on the chart more than the so-called chatter about how Prime’s doing in this sacred four days of buying. As Lang sees it, Amazon’s worth buying here, and he’d recommend [it] even on a pullback because he could see this stock at $222 going, I know this sounds like hyperbole, but to $260 or $270 by the end of the year. As for me, I wouldn’t bet against it. The Charitable Trust has a very big position, and I do believe that it can go higher, I don’t know, 260, 270.”
4. Costco Wholesale Corporation (NASDAQ:COST)
Number of Hedge Fund Holders In Q1 2025: 93
Costco Wholesale Corporation (NASDAQ:COST) is a mega retailer that is one of Cramer’s top stocks in the sector. He has previously disclosed that his charitable trust owns the shares. The CNBC TV host has also praised Costco Wholesale Corporation (NASDAQ:COST)’s business model through which the firm negotiates with businesses to keep prices low for consumers. This time, he commented on Walmart increasing prices:
“[On a piece saying WMT is increasing prices by as much as 50%] Well look you gotta, you gotta, I’ve been spending a lot of time at Costco, Costco’s not saying that. I mean I think that’s very, now we do have that big beef problem.”
Previously, Cramer called Costco Wholesale Corporation (NASDAQ:COST) a victim of its own success:
“No, look, here’s the problem with Costco: It is a victim of its own success. All it really does is ever go up and then has these periods where it languishes. We’re in the languish period. That’s when you buy Costco. Do I think Costco’s in trouble at 50 times earnings? Are you kidding me? I think Costco’s, I still think Costco may be… one of the top five companies of all time. That is no slight to Jensen Huang because he’s number one.”
3. Oklo Inc. (NYSE:OKLO)
Number of Hedge Fund Holders In Q1 2025: 23
Oklo Inc. (NYSE:OKLO) is a popular retail stock that provides nuclear power solutions. Cramer has regularly discussed the stock over the past couple of weeks. During most of these appearances, he has maintained that Oklo Inc. (NYSE:OKLO)’s share price gains are mostly due to sentiment instead of fundamentals. The stock is up 180% year-to-date, and Cramer maintained his opinion this time around as well:
“There’s a stock called Oklo. Which has nuclear. And at 35, I just said I surrender. On Mad Money, I’m just gonna recommend it. Because I’m all behind Oklo. And then it had rigor whatsoever. No rigor. It was just something which I just said, this has momentum.
“And the reason by the way, in this Oklo park market, no one has real estimates. So, as long as you don’t have real estimates, you don’t, there’s no such thing as failing to beat the estimates. I mean it’s just a, ponzi scheme. I mean I love Oklo, it’s fantastic, it does something nuclear. I saw a guy on the beach yesterday, he said why don’t you recommend Oklo more? I said why? He says, well it has, it’s going to develop, ah, uh, I said well that’s good. That’s good. That’s enough to recommend it. Do you know what’s nuclear? Oh yeah. And I said, do you know like no one really covers it? That’s what I like! That’s what people like. No real coverage.
“I like to be rigorous. Like when you talk to Ted Pick, who’s at Morgan Stanley. Reminds you that rigor really matters. But I have people calling on this Oklo, at 35. And I’ll say listen, I wouldn’t buy that for my trust. But you have the green light and at 40”
Cramer recently discussed how headlines impact Oklo Inc. (NYSE:OKLO)’s shares:
“Okay, so let’s talk about this. We know that this is nuclear fission, not nuclear fusion. We know it’s a big spec. We know a lot of people like it. We know it’s up a great deal, 143%. This one, we’re now going to wait for it to come in. Maybe we give it a week, and then we’ll take a look. But I’m not against Oklo, and I can’t be because I’m very pro-nuclear and I do like the uranium stocks too. I do not expect anything short-term, but I know that a headline would move that thing up 25%.”
2. NIKE, Inc. (NYSE:NKE)
Number of Hedge Fund Holders In Q1 2025: 81
NIKE, Inc. (NYSE:NKE) is a popular athletic apparel retailer whose shares have gained a modest 2.3% year-to-date. The firm is currently in the midst of a turnaround effort under its CEO, Elliott Hill. Despite the fact that NIKE, Inc. (NYSE:NKE)’s share performance has remained weak, Cramer has defended Hill against his detractors and asserted that the CEO is making all the right moves. He also believes that NIKE, Inc. (NYSE:NKE)’s turnaround will unfold over the long term instead of yielding short-term results. This time, he remarked that the firm would have to reduce prices to generate sales:
“Look Nike’s gonna have to cut prices again.”
Previously, Cramer discussed NIKE, Inc. (NYSE:NKE)’s turnaround efforts:
“I think Nike’s going to be a long-term turn. I think that there was a lot of damage done, and a lot of the competitors came in and really like On, and we know that New Balance got strong and HOKA got strong. So it’s going to, there’s more competition. It’s going to take a little longer than expected, but ultimately, I think that Elliot Hill is making all the right moves, and you will be fine.”
1. UnitedHealth Group Incorporated (NYSE:UNH)
Number of Hedge Fund Holders In Q1 2025: 139
UnitedHealth Group Incorporated (NYSE:UNH) is one of the largest healthcare benefits providers in America. Its stock has been one of the most dynamic in 2025 as it has lost 43% year-to-date. The stock is down due to the firm’s disastrous earnings results in April, which led the shares to lose 27%. UnitedHealth Group Incorporated (NYSE:UNH)’s stock also fell by another 28% in May after the firm pulled its outlook, announced its CEO was leaving, and reports surfaced that the firm was being investigated by the Justice Department. Cramer commented on the multiple strategies:
“And, United Health is just a tragedy on so many different levels.”
Previously, Cramer discussed how UnitedHealth Group Incorporated (NYSE:UNH)’s new CEO was the right executive for the job:
“UnitedHealth is very, very tricky, and it might be a long-term turn, but I will tell you this, Steve Hemsley is the only person I know who could possibly turn this thing around. Hemsley’s back as CEO, he was amazing. I think you have to have fortitude to be in it. I don’t like the situation because there’s so many winners, as you say, but at least I want people to know that I think Hemsley’s is the real deal.”
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