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.”
10. Hubbell Incorporated (NYSE:HUBB)
Number of Hedge Fund Holders: 42
Hubbell Incorporated (NYSE:HUBB) is one of the stocks on Jim Cramer’s radar. A caller asked if the stock is currently a buy, hold, or sell, and mentioned the company’s recent appointment of a new CFO. In response, Cramer said:
“I just want to stay long. No need to buy it up here because this thing has been such a rocket ship. We have to wait for it to come down a little. But yeah, Hubbell remains just a fantastic American industrial company.”
Hubbell Incorporated (NYSE:HUBB) designs, manufactures, and sells a wide range of electrical products, including wiring devices, lighting fixtures, industrial controls, and communication systems, as well as electrical distribution and utility infrastructure products like arresters, insulators, and smart meters. Heartland Advisors stated the following regarding Hubbell Incorporated (NYSE:HUBB) in its second quarter 2025 investor letter:
“Industrials. A new Quality Value position initiated during the quarter was Hubbell Incorporated (NYSE:HUBB , a leading electrical component manufacturer. Over the past decade, Hubbell implemented self-help actions to shift its portfolio away from traditional commercial construction end markets and toward the power grid/utility end market, which now represents more than two-thirds of sales, thereby reducing exposure to construction spending cycles. At the same time, Hubbell has simplified its product offerings and consolidated 15% of its footprint, rationalizing underutilized assets and creating flexible capacity for faster-growing markets.
During the pandemic-related supply chain disruptions, many of Hubbell’s utility customers over ordered products to ensure availability in the field. By 2024, as lead times normalized, destocking efforts accelerated and organic revenue turned negative. The stock came under further pressure in early 2025, as investor sentiment toward power generation demand took a hit.
As a result, the stock is now attractively priced in our opinion. After trading at a median 15% premium to its peers over the past 5 years and a 5% premium over the past decade, HUBB fell to a 10% discount in April and is now roughly in line with other Industrial companies on an EV/EBITDA basis. We also expect the company to benefit from continued demand for transmission and distribution infrastructure owing to the country’s aged electrical grid, and Q1-25 earnings confirmed our view that customer destocking has generally ceased.”
9. TeraWulf Inc. (NASDAQ:WULF)
Number of Hedge Fund Holders: 26
TeraWulf Inc. (NASDAQ:WULF) is one of the stocks on Jim Cramer’s radar. Inquiring about the stock, a caller asked if there is an upside going forward. Cramer remarked:
“No, no. Terawulf is just kaput. We want to go elsewhere. We do not have to mess with that low quality. We like high quality, high quality only on Mad Money.”
TeraWulf Inc. (NASDAQ:WULF) is a digital asset technology company engaged in the development and operation of bitcoin mining facilities. The company also provides hosting services for third-party miners. On July 31, when Cramer was asked about the company, he said:
“Well, again, I mean, I like the real, I’m a real deal guy. I got, I like the Bitcoin. I can, you know, I wish I could feel it. I like gold even more, but that’s a whole ‘nother kettle of gold.”
Furthermore, in August, TeraWulf Inc. secured an 80-year ground lease for roughly 183 acres at the Cayuga site in Lansing, New York, granting exclusive rights to develop up to 400 megawatts of digital infrastructure. The company plans to have 138 megawatts of mostly zero-carbon power ready by 2026, including a 67-megawatt solar installation. An 800 megawatt-hour battery storage system is also in advanced development nearby.
8. Opendoor Technologies Inc. (NASDAQ:OPEN)
Number of Hedge Fund Holders: 21
Opendoor Technologies Inc. (NASDAQ:OPEN) is one of the stocks on Jim Cramer’s radar. A caller discussed viewing the stock as a speculative position, noting its drop from $4 to around $0.50 before rebounding to $1.71 and going up amid rumors of a business model shift and executive changes. Cramer commented, “Then you’re going to ring the register. We don’t want to be in a meme stock.”
Opendoor Technologies Inc. (NASDAQ:OPEN) operates a digital platform for home buying and selling. The company delivers direct sales, listings, and marketplace services. It also provides solutions in real estate, insurance, and construction. Additionally, on August 25, answering a caller’s question, Cramer said:
“You know, I’ve gotta tell you, this is a meme stock. The person who was, who left the company, the CEO, was a straight shooter. And I don’t really understand what happened, but I’ll tell you this: I am not going to jump on a situation that I thought was heavily, that some would say was manipulative, okay? Some would say. I’m not going to jump on that train.”
7. Advanced Micro Devices, Inc. (NASDAQ:AMD)
Number of Hedge Fund Holders: 113
Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the stocks on Jim Cramer’s radar. A caller asked for Cramer’s opinion on the stock at its current valuation of approximately $250 billion, and he replied:
“Alright, I think that there’s enough room in this market for both AMD and NVIDIA. Now, NVIDIA’s good at the training. They’re good at the inference. Advanced Micro’s got a lot of good things going for it. I think Lisa Su’s terrific. Far be it from me to say that you shouldn’t buy that stock at 158.”
Advanced Micro Devices, Inc. (NASDAQ:AMD) develops and delivers semiconductors such as central processing units, graphics processing units, artificial intelligence accelerators, and adaptive system-on-chips for use in consumer electronics, gaming, data centers, and embedded systems. On August 14, when a member of the Investing Club asked whether the Charitable Trust might consider reentering the position, Cramer said:
“We said we should discuss this. We felt like, you know what, we missed this AMD going back move, but we put our money into Broadcom, and Broadcom was terrific. Now I will say this, this AMD move is extraordinary, and that’s because Lisa Su has caught up with some of the lower-end chips of what Jensen Huang’s doing in NVIDIA. And this was a remarkable move. Do I wish that I had gotten it? Absolutely. I’ve kicked myself. I said that several times, that I kicked myself about it. But you know what? There’s just you, you gotta put that outta your head and move on.”
6. International Business Machines Corporation (NYSE:IBM)
Number of Hedge Fund Holders: 63
International Business Machines Corporation (NYSE:IBM) is one of the stocks on Jim Cramer’s radar. A caller, who holds shares of IBM, expressed confusion about why the stock has been declining despite strong earnings and generally positive commentary, especially after nearing $300 in early July. In response, Cramer said:
“To be fair… That was not, they did not have a perfect quarter, but you know what? I thought that was the opportunity we had been waiting to [buy, buy, buy] and that’s exactly what you should do. I think you should actually buy more. That’s how good I feel Arvind Krishna is doing. This is the quarter, I’ve been telling Jeff Marks that at 22 times earnings, he’s my partner, obviously, with my Charitable Trust, 22 times earnings, this one works.”
International Business Machines Corporation (NYSE:IBM) offers a range of integrated services and solutions. including hybrid cloud and AI platforms, in addition to server and storage solutions designed for hybrid cloud environments.
5. Lennar Corporation (NYSE:LEN)
Number of Hedge Fund Holders: 62
Lennar Corporation (NYSE:LEN) is one of the stocks on Jim Cramer’s radar. While Cramer expressed a bullish sentiment toward the company, he showed hesitancy in recommending the stock, as he said:
“Lennar reports too, and here’s a home builder that’s a superb operator. It’s done well throughout the bond turmoil that we’ve seen in recent months. We need long-term interest rates to stay low to justify buying a home builder. That’s a tough call right now.”
Lennar Corporation (NYSE:LEN) is a U.S.-based homebuilder focused on constructing and selling single-family homes. The company also develops residential land and manages multifamily rental properties. Appearing on Squawk on the Street in April, Cramer said:
“I mean, do you buy the homebuilders. They do well, rates are coming down. Mortgage rates are coming down pretty severely. How about buying Lennar? It’s all the way down. It’s levered to mortgage rates. . .so maybe you buy Lennar, maybe you buy Toll Brothers… I’m just saying that money’s going to gravitate from places that had been like Dell . . .and it might go to Lennar. It might go to Toll Brothers. Because rates are coming down. And they’re coming down really hard, really fast. We should recognize that. The rates are really braking.”
4. FedEx Corporation (NYSE:FDX)
Number of Hedge Fund Holders: 67
FedEx Corporation (NYSE:FDX) is one of the stocks on Jim Cramer’s radar. The company was part of Cramer’s game plan, and he said:
“After the close, FedEx reports and the analysts have been lowering numbers and lowering numbers because of an expected decline in Chinese packages, now that they no longer have that tariff exemption.”
FedEx Corporation (NYSE:FDX) provides a range of services in transportation, e-commerce solutions, and business support. The company’s services include express shipping, small-package deliveries, freight services, and additional business-related services. It is worth noting that on June 25, Cramer said:
“Third loser, freight transportation. Truckers can’t seem to make their numbers. The railroad stocks can’t get any momentum. FedEx showed you how hard this business is when they reported last night. Their business-to-business service has been stuck in neutral, even as the business-to-consumer side is okay, but FedEx hasn’t been able to make the Street’s numbers.
I think we’ve got some opportunity here, though. FedEx has cut its capital expenditures and chopped its expenses. It’s a coiled spring. I like coiled springs, but understand that it won’t spring until we see how the tariffs shake out, because so much of the business involves import-export. Until then, spring stays coiled.”
3. Darden Restaurants, Inc. (NYSE:DRI)
Number of Hedge Fund Holders: 44
Darden Restaurants, Inc. (NYSE:DRI) is one of the stocks on Jim Cramer’s radar. As the company is set to report its fiscal 2026 first-quarter earnings on September 18, Cramer commented:
“Thursday morning, we get results from Darden, parent of Olive Garden and a bunch of other restaurant chains. I wish I could just say go buy it, but the restaurant group has suddenly gotten real out of favor. Let’s do this. If you want a piece of the Olive Garden, its principal property, buy small ahead of the quarter, maybe on Wednesday, then pounce if the stock goes down on the results. This is a consistent company, good dividend by the way, even if people think that restaurants have gotten too unpredictable.”
Darden Restaurants, Inc. (NYSE:DRI) owns and operates a network of full-service restaurants throughout the U.S. and Canada. The company owns well-known brands like Olive Garden and LongHorn Steakhouse. Earlier in June, Cramer extensively commented on the company as he said:
“… I think it presents a compelling opportunity for you out there… Last Friday, [it] reported a phenomenal quarter… Now, this is just the latest in a long line of strong results from these guys… You’re getting this great quarter for free. I think that is quite simply a steal… On top of that, management gave a solid full-year forecast… On Friday’s conference call, CEO Rick Cardenas also gave a quick summary of Darden’s new five-year plan. I found it pretty encouraging.
… But perhaps the most interesting thing from the company’s earnings call came from a response that Cardenas gave to the first analyst question… Specifically, [he] wanted to know why some of the larger chains, like the ones run by Darden, appear to be doing much better than the smaller operators. Cardenas explained that it’s all about value. During the past five years, while the price of everything was going up, Darden has worked hard to keep its price increases below inflation. This is absolutely true, and now that the consumers have become more value-conscious, they’re going to places like Olive Garden that offer them tremendous deals. It’s gotten to the point where Darden’s taking share from the fast food and fast casual chains, they used to dominate on the value front…
When we found out how ineffective the Iranian attack was, oil ended up closing down more than 8%, which is incredibly bullish for Darden stock. The bottom line: I think you’re getting a tremendous opportunity with the Darden pullback today. Not only are you getting a good quarter for free, but if higher oil really does take a bite out of consumer spending, companies like Darden might be able to take even more market share because they’re the ones that offer people the best value at this moment. With the stock selling for roughly 20 times this year’s earnings estimates, supporting a 2.7% yield, not to mention that $1 billion buyback, I bet this one is a winner.”
2. Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL)
Number of Hedge Fund Holders: 22
Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) is one of the stocks on Jim Cramer’s radar. While Cramer highlighted the backlash the company faced on its now-retracted decision to change its logo, he was hopeful that the company could turn it around.
“Wednesday’s got a little stock drama going for it as Cracker Barrel reports… I’m talking about a situation that’s in flux. CEO Julie Masino, we’ve had her on. I think she’s terrific. She had this thing rocking. What a turn. And she decided to redo the logo, get rid of the old man in a barrel. It turned out to be ill-advised as, old timer as he’s known, apparently had lots of fans, including President Trump. Who’ve thunk it? She quickly backtracked, but the stock took a real hit. Good companies can put this kind of stuff behind them fast. Let’s hope that’s what Masino does.”
Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) runs a network of restaurants that include attached gift shops. The restaurants serve breakfast, lunch, and dinner, and provide pick-up and delivery options. The gift shops carry a selection of products, such as home décor, clothing, food items, and seasonal gifts.
1. Warner Bros. Discovery, Inc. (NASDAQ:WBD)
Number of Hedge Fund Holders: 67
Warner Bros. Discovery, Inc. (NASDAQ:WBD) is one of the stocks on Jim Cramer’s radar. Cramer started his game plan for the week with the company, as he commented:
“Monday, we find out if Paramount Skydance is serious about acquiring Warner Brothers Discovery, the suddenly red-hot media company with a steamy stock. CEO David Zaslav has been crowing to anyone who will listen that, as he cleans up the balance sheet while dominating the box office, making some of the best shows for Apple TV, and so many others that his stock deserves to soar.
Turns out he was right, although it didn’t happen until the takeover talk from Paramount Skydance run by David Ellison, yes, son of Larry Ellison, who founded Oracle. And depending on the action in the market, he’s either the world’s richest or second-richest man. Who knows? Zaslav wants an auction. Apple, Amazon, Netflix, I don’t know who else will bid, but we’ll be all over it on Monday. If you own it, hold out for at least 20 bucks, please. Although I think it’s worth a lot more.”
Warner Bros. Discovery, Inc. (NASDAQ:WBD) operates in the media and entertainment industry, producing, distributing, and licensing content across film, television, streaming platforms, and gaming. The company oversees a broad collection of established brands and franchises through its streaming services, traditional linear networks, and digital channels.
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