On Friday, Jim Cramer, the host of Mad Money, discussed the important events for this week, including a few corporate earnings reports and retail sales data.
“Maybe today was a well-deserved breather for the bulls. The S&P 500 has been positive for five of the last six weeks, which is crazy when you consider we’re in a historically horrible month of September.”
READ ALSO: Jim Cramer Shared Insights on These 12 Stocks and Jim Cramer Put These 7 Stocks Under the Microscope.
Looking ahead to Tuesday, Cramer pointed to the retail sales figures as an important data point. He remarked that most expect these numbers to show a slowdown, and if they do not, it would come as a surprise to the more pessimistic voices. Cramer emphasized the potential implications for the Federal Reserve, noting that strong retail sales could pose a problem.
He explained that Jerome Powell, chairman of the Federal Reserve, is widely expected to cut interest rates by a quarter of a point on Wednesday. If retail sales turn out stronger than anticipated right before that decision, it could undermine the rationale for a rate cut, creating an awkward situation for Powell and the Fed.
“But in fairness, the tariffs have made Powell’s job a lot harder. From the Fed’s perspective, this is a no-win situation. If they cut, inflation might run rampant, but if they don’t cut, the economy might deteriorate dramatically.”
Moving toward the end of the week, Cramer noted that Friday appears to be quiet, a break that investors need after a strong run from the bulls. However, he cautioned that the bears have not disappeared completely; they have been largely absent since the beginning of September, but that does not mean they might not reemerge.
“Bottom line: We’ve still got individual companies that are dominating the market with… [their] great performance, and I think that’s going to continue even as next week’s a little tricky. Remember, September’s almost never easy.”
Our Methodology
For this article, we compiled a list of 12 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on September 12. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the second quarter of 2025, which was taken from Insider Monkey’s database of over 900 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).
12 Stocks on Jim Cramer’s Radar
12. Summit Therapeutics Inc. (NASDAQ:SMMT)
Number of Hedge Fund Holders: 30
Summit Therapeutics Inc. (NASDAQ:SMMT) is one of the stocks on Jim Cramer’s radar. A caller asked for Cramer’s opinion on the stock following recent negative news related to its cancer screening drug. He said:
“No, no, we’re going to have to move on. Sometimes, when you have these things, they just don’t come back. That was a bad one. I’m sorry. I’d love to be able to say, don’t worry about it, but I’m going to, I know that there’s… insider buying. You don’t have to, have to [be in a] hurry to get out of it, but I’m not crazy about it, what can I say?”
Summit Therapeutics Inc. (NASDAQ:SMMT) is a biopharmaceutical company engaged in the discovery, development, and commercialization of therapies designed to meet the needs of patients, healthcare providers, and broader communities, with its lead candidate currently in Phase III trials for cancer treatment. In February, mentioning the company during an episode, Mad Money’s host commented:
“That company has no revenues. I don’t know and it has not made money. It’s obviously just a very big spec. I can’t, I can’t go there.”
11. Lumentum Holdings Inc. (NASDAQ:LITE)
Number of Hedge Fund Holders: 59
Lumentum Holdings Inc. (NASDAQ:LITE) is one of the stocks on Jim Cramer’s radar. A caller, who took a position in the stock years ago after a positive impression from its appearance on the show, asked whether to hold or sell now that the stock has recently surged after years of stagnation. Cramer replied:
“No, no, we’re going to sell half on Monday morning. Half, okay? Then we’ll play with the house’s money, and we’ll be incredibly happy, even happier than we are now.”
Lumentum Holdings Inc. (NASDAQ:LITE) produces optical and photonic products, including chips, components, and lasers, which support cloud data centers, AI infrastructure, and various manufacturing sectors such as semiconductors, solar cells, and electric vehicle batteries. Invesco Small Cap Value Fund stated the following regarding Lumentum Holdings Inc. (NASDAQ:LITE) in its Q4 2024 investor letter:
“Lumentum Holdings Inc. (NASDAQ:LITE): The telecommunications equipment maker reported better-than expected revenue and earnings for its recent quarter, along with record orders for its data communications laser chips used in data center applications.”
