In this piece, we will look at the stocks Jim Cramer discussed today.
In his latest appearance on CNBC’s Squawk on the Street, Jim Cramer discussed the latest inflation data. Inflation, along with the labor market, factors into the Federal Reserve’s decision to manipulate interest rates. The latest data showed that prices jumped at 2.9% annually, with the 0.4% monthly gain in August being the largest since January. Cramer commented on how some things “went the wrong way”:
“There are some things, shelter went the wrong way. Energy’s really kind of saving us. It is intriguing to see, when you put the mosaic together, it’s not that hot. But these are intractable things that a lot of people will feel. You know David, when you have these numbers, when it’s shelter, although Manhattan by the way, Manhattan you see that the numbers were down a little. . it reminds me, not the jobless claims, but you have these, it reminds me well this is the high inflation number everybody’s scared of. But, PPI was good, so maybe in the channel you’re going to have some good things.”
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 September 11th.
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).
13. Adobe Inc. (NASDAQ:ADBE)
Number of Hedge Fund Holders In Q2 2025: 104
Cramer has started discussing Adobe Inc. (NASDAQ:ADBE) frequently as the firm approached its earnings report today. The shares have lost 20% year-to-date, and in his previous comments, the CNBC TV host has commented that perhaps investor sentiment souring for software-as-a-service (SaaS) stocks is to blame. Here is what Jim Cramer said about Adobe Inc. (NASDAQ:ADBE) ahead of its earnings:
“Yes, and I kept hearing things about, well, if it’s a software-as-a-service system that we have, that would be Adobe. . . you know we’ve been able to develop programs that are very similar. We don’t need that anymore. And I was like, you’re kind of stunned, because you thought you heard that was going to happen but you never thought you’d expect the CEO say. And you know what, these are not as indispensable as we thought!.
“Look, I mean Adobe is one of these companies. . .where they do this enterprise software for software-as-a-service and it has not been, obviously Adobe’s one of those poorly performing stocks. What’s incredible is no one ever says you know what, their stuff is not that good. Their stuff is fabulous. It’s a Lamborghini. It’s fantastic. I have the subscription to it, my daughter has a subscription to it, we love to play with it because it’s the best in the world. And then we go to Canva.
“Well I think that Adobe has to do something . . .They have to explain how they can, just take a longer term view and say look, here’s what we think can’t be AI. Here’s our moat. And even if it brings down the sales, or put out projections. . . You have to explain to people why your business is still relevant in this era. And Adobe I think is struggling because they’ve been, when you’re the best you don’t know what to do. But when you realize that others are cannibalizing you, or going after you, you have to admit it and you have to say how they’re going stay ahead of the posse. And I don’t think they have. I sure hope they do it tonight. Really hope so.”
12. Salesforce, Inc. (NYSE:CRM)
Number of Hedge Fund Holders In Q2 2025: 121
Like Adobe, Salesforce, Inc. (NYSE:CRM) is also a software-as-a-service (SaaS) stock that Jim Cramer has started to frequently discuss lately. He commented on the firm in detail after its latest earnings report. Cramer was somber that while Salesforce, Inc. (NYSE:CRM) was a “great” company, it had unfortunately gotten caught up in the narrative that AI would threaten its business. This time, the CNBC TV host offered some advice to Salesforce, Inc. (NYSE:CRM) CEO Marc Benioff:
“Yes, and I kept hearing things about, well, if it’s a software-as-a-service system that we have, that would be. . .Salesforce, you know we’ve been able to develop programs that are very similar. We don’t need that anymore. And I was like, you’re kind of stunned, because you thought you heard that was going to happen but you never thought you’d expect the CEO say. And you know what, these are not as indispensable as we thought!.
“Well I think that. . .Marc Benioff at Salesforce has to do something. They have to explain how they can, just take a longer term view and say look, here’s what we think can’t be AI. Here’s our moat. . .You have to explain to people why your business is still relevant in this era. And Adobe I think is struggling because they’ve been, when you’re the best you don’t know what to do. But when you realize that others are cannibalizing you, or going after you, you have to admit it and you have to say how they’re going stay ahead of the posse. And I don’t think they have. I sure hope they do it tonight. Really hope so.”
11. Palo Alto Networks, Inc. (NASDAQ:PANW)
Number of Hedge Fund Holders In Q2 2025: 77
Cybersecurity firm Palo Alto Networks, Inc. (NASDAQ:PANW) is one of Cramer’s favorite stocks in the sector. He is quite fond of the firm’s CEO, Nikesh Arora, and has called the firm a “cybersecurity kingpin.” While Palo Alto Networks, Inc. (NASDAQ:PANW)’s stock dipped by 15% in July after the firm announced a $25 billion deal to acquire CyberArk, Cramer defended the stock and maintained that the deal was a good move. This time, he cited Arora as an example of what Adobe and Salesforce could do to assuage jittery investors:
“And even if it brings down the sales, or put out projections [inaudible], this is something that Nikesh Arora on my show. Palo Alto Networks. He said look, this is going to take a while. We’re changing the way we do our business. And the stock got cratered. Now it’s well above where it was.”
As for the CyberArk deal, here’s what Cramer previously commented:
“Let’s talk about Palo Alto Networks’ wild ride. This cybersecurity kingpin is a long-time holding for the Charitable Trust, and it has been a huge winner for the CNBC Investing Club. But late July, the stock got clobbered… about its $25 billion plan to acquire CyberArk, another heavy hitter that’s all about protecting so-called administrator accounts, the top target for hackers. Wall Street was worried that this deal was a colossal overpay meant to cover up some sort of slowdown in the core business. Uh-uh, that isn’t what we thought. We have always loved CyberArk, so I didn’t get… negativity. But when Palo Alto reported its most recent quarter in mid-August, well, the company shot the lights out. The stock jumped 9%. I think it can keep climbing…”
10. Klarna Group plc (NYSE:KLAR)
Number of Hedge Fund Holders In Q2 2025: N/A
Klarna Group plc (NYSE:KLAR)’s shares were listed for public offering on Wednesday. It is a Swedish financial technology firm that enables customers to select their preferred payment methods and decide whether they want to pay later. On the day the shares listed for trading, Klarna Group plc (NYSE:KLAR)’s CEO outlined to CNBC that the firm had 700,000 card customers in the US and a wait list of 5 million. During the two days of trading since they were listed, the stock has lost 6.7%. In these remarks, while Cramer didn’t discuss Klarna Group plc (NYSE:KLAR)’s business, he did comment on what he had heard about the impact of AI on its business:
“[On CEO saying that the firm had reduced headcount by 3,400 following AI] Wow. Yeah, I heard that. You know Klarna, you’ve got two groups of people that are I’d say in a worrisome position. Third and fourth year people, who had just learned how to code. You don’t kind of need as many of them. But then people coming out of school having to do a pivot. Think about what they want to do. I keep hearing a lot of people want to go to graduate school. But it’s because they, the companies don’t know if they should be hiring.
“[On what they said about the IPO market yesterday] Well I thought they were, look, it’s open, it’s open. . .we’re not used to it. I don’t think we’re used to the buoyant nature of what it was like, it’s been like this since 2014 when we had these companies. It has been 11 years. There was a 2020 period but that was tainted by SPACs. It was good for a while.”
9. Oracle Corporation (NYSE:ORCL)
Number of Hedge Fund Holders In Q2 2025: 124
Oracle Corporation (NYSE:ORCL)’s shares created quite a buzz earlier this week when they closed 36% on the day following its fiscal first quarter earnings report. The results saw the firm guide $144 billion in cloud revenue in 2030, which marked a hefty growth from the $10.3 billion in 2025. During this appearance, Cramer commented on Oracle Corporation (NYSE:ORCL) after co-host David Faber wondered about the long-term specifics of OpenAI’s freshly announced $300 billion deal with Oracle Corporation (NYSE:ORCL):
“And you know what was really was the discussion was which was that that oh, okay so you’re not supposed to have tentative backlog. You’re supposed to have nailed down backlog. But you’re presuming that there’s a lot of, that, well you’re presuming that Softbank can write a check.
Frank Holland had a statistic this morning, on his excellent five o clock show. Which talked about a 100% of yesterday’s gain was Oracle. 100% of the SPX gain. Think about that. And I also think that there was some sort of weird rebalancing where a lot of money came to Oracle out of a lot of Mag 7 and now we’re seeing that reverse today.”
8. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders In Q2 2025: 235
NVIDIA Corporation (NASDAQ:NVDA) continues to be a stock that’s favorably present on Jim Cramer’s radar even though the shares have experienced some turbulence lately. The CNBC TV host firmly holds the opinion that the firm and its CEO, Jensen Huang, are heralding a new industrial revolution. This time, Cramer discussed the spending estimates that he was hearing related to NVIDIA Corporation (NASDAQ:NVDA):
“A lot of people, when I used to put out the three trillion number, that Jensen Huang put out, people would say well listen, you’re constrained by how much these companies can spend. But now the number’s seven trillion. I’m hearing seven trillion, that’s going to be spent. . .but that’s unbelievable!
“Look, these are days where, you find out you can just really, there’s a [inaudible] article about NVIDIA that I read. That video is going to be huge. Video that uses a lot of, power. I mean, the inference, the second generation inference is just using a lot of power. So things are getting better and better. By the way, the NVIDIA [inaudible] article said that they, again, way ahead of AMD, way ahead of Broadcom.
“This Vera Rubin new chip. . .NVIDIA Rubin CPX GPUs, purpose built, and it’s just so far ahead of everything else. And this is just a piece which says listen, once again, NVIDIA doesn’t stand still. Once again, NVIDIA’s got something that is just seismic. I don’t know, I mean Carl, NVIDIA is not a, it’s not just sitting there like a statue. They’ve got a lot of stuff. I don’t want to bet against NVIDIA. There was actually an upgrade today of NVIDIA, believe it or not.”
7. Broadcom Inc. (NASDAQ:AVGO)
Number of Hedge Fund Holders In Q2 2025: 156
Broadcom Inc. (NASDAQ:AVGO), like Oracle, has seen solid performance on the stock market in September. Its shares have gained 20.9% during the month and benefited from a robust third-quarter earnings report. The results saw Broadcom Inc. (NASDAQ:AVGO) beat analyst revenue and EPS estimates of $15.83 billion and $1.65 by posting $15.96 billion and $1.69. Crucially, the shares also rose after a report suggested that a new $10 billion AI chip deal confirmed by Broadcom Inc. (NASDAQ:AVGO) involved OpenAI. Cramer discussed the news earlier and commented on the strength of the partnership between NVIDIA and OpenAI. However, while he remains a fan of Broadcom Inc. (NASDAQ:AVGO) and its CEO Hock Tan, the CNBC TV host cited an article outlining that NVIDIA’s products were ahead of the firm’s chips:
“By the way, the NVIDIA [inaudible] article said that they, again. . .way ahead of Broadcom.”
Previously, Cramer discussed Broadcom Inc. (NASDAQ:AVGO)’s position in his charitable trust:
“Okay, let me tell you something, Broadcom is the biggest position for my Charitable Trust. Oh, we love it for the club. It’s a fantastic story of private-label chips.”
6. Corning Incorporated (NYSE:GLW)
Number of Hedge Fund Holders In Q2 2025: 70
Corning Incorporated (NYSE:GLW) is a glass manufacturer that caters to the needs of the smartphone, telecommunications, and other industries. It has been in the news over the past couple of months primarily due to being Apple’s supplier for the iPhone. Corning Incorporated (NYSE:GLW)’s shares benefited from Apple’s $600 billion US investment in August, which included a $2.5 billion plan to produce all the cover glass for its iPhone and Apple Watch in the US. Cramer is Corning Incorporated (NYSE:GLW)’s fan and this time, he almost called the firm a national treasure:
“But Corning is, you know one of the best to make glass in the world. I think people feel we can’t do a lot of stuff. We’re the most efficient and we’re the best, this thing dates back from when the Air Force wanted glass. To be able to compete against the Soviets. And, it is, I’ll tell you, I get great joy about the fact that when we have a little pride. It’s not left or right. It’s just pride.”
Cramer’s optimism for Corning Incorporated (NYSE:GLW) has also led him to endorse the stock as he recently remarked:
“I’d rather buy a Corning which is up. Now I think Corning is a terrific situation. They’ve got all, they’ve got the glass, talk about the ability to have a supply chain.”
5. The Kroger Co. (NYSE:KR)
Number of Hedge Fund Holders In Q2 2025: 68
Cramer previously discussed The Kroger Co. (NYSE:KR) last week when he commented that he liked the firm because it has been able to keep prices low for consumers. The CNBC TV host has gushed about Costco throughout this year due to the mega-retailer’s ability to give customers the best prices for their products. His recent comments about The Kroger Co. (NYSE:KR) were made before the firm’s second-quarter earnings report. The results saw the firm raise the lower end of its full-year profit per share guidance to $4.7 from an earlier $4.6 and full-year same-store sales growth guidance to 2.7% to 3.4% from the earlier 2.25% to 3.25%. Here is what Cramer said:
“I’m talking about Kroger. It had a very good number. One of the things that I think that people forget, is that there are brick-and-mortar companies that know how to do the food business. And one of the reasons why they forget David is that there’s a lot of talk about Amazon. And the Amazon initiative and how big it’s going to be. So I think that you’re going to see, let’s say the American people are going to be treated to both Kroger and Amazon delivering goods. I don’t know who wins. . .”
4. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders In Q2 2025: 335
Due to its key role in the eCommerce and cloud computing industries and market value, Amazon.com, Inc. (NASDAQ:AMZN) is a regular feature of Cramer’s morning and evening coverage. One theme that the CNBC TV host caught on to after the firm’s second quarter earnings was a dip in cloud sales that Cramer initially believed might have been due to the firm relying on its in-house AI chips. However, he then changed tack and remarked that perhaps Amazon.com, Inc. (NASDAQ:AMZN) was right in evaluating the costs of AI chip performance as well. This time, he discussed how the firm’s eCommerce dominance was shaping investors’ minds:
“One of the things that I think that people forget, is that there are brick-and-mortar companies that know how to do the food business. And one of the reasons why they forget David is that there’s a lot of talk about Amazon. And the Amazon initiative and how big it’s going to be. So I think that you’re going to see, let’s say the American people are going to be treated to both Kroger and Amazon delivering goods. I don’t know who wins, but I’ve got tell you, Amazon, that stock was down very badly yesterday and people are rallying and immediately buying it.”
3. Micron Technology, Inc. (NASDAQ:MU)
Number of Hedge Fund Holders In Q2 2025: 94
Micron Technology, Inc. (NASDAQ:MU)’s shares have gained 14.5% this week and closed 7.5% higher today. Media reports suggest that the stock has gained due to bullish coverage from investment bank Citi. In its analyst note, Citi raised Micron Technology, Inc. (NASDAQ:MU)’s share price target to $175 from $150 and kept a Buy rating on the shares. The bank’s analyst linked the upgrade to the bump in inference AI workloads to tailwinds for Micron Technology, Inc. (NASDAQ:MU). Cramer discussed the move:
“I’m gonna say that these funds, they smell it. They want to be in it. Micron just went up [inaudible] sixty points. Because people think that DRAM prices are getting better. I just want to warn people, that this is, what you’re seeing coming up has historically had a beginning and an end. We’re not at the beginning yet, but when it has that end, I don’t want people to like. . .
“Like if you go buy Micron right now, up 15, you know, you’re not going to make a lot of money. You gotta be careful, you can’t get too enthusiastic about a stock if you want to trade it, uh, own it, and then as it goes lower [inaudible].
“[On why the shares were soaring] Micron did get a big upgrade, but I also think that there’s, and Citi, and Citi’s really good. 150 to 175. But the commodity chips and also the high bandwidth, very good. High bandwidth is something [inaudible]. You know, it’s data center.”
2. Centene Corporation (NYSE:CNC)
Number of Hedge Fund Holders In Q2 2025: 59
Centene Corporation (NYSE:CNC) is one of the biggest healthcare benefits managers in America. Cramer has discussed the stock several times this year, and in some of his remarks, he has either remained pessimistic or warned about the impact of Medicaid cuts on the firm. However, after Centene Corporation (NYSE:CNC)’s shares closed 9% higher today due to what media reports ascribed as catalysts resulting from the firm maintaining its annual profit forecast and Medicare ratings, to signal that it might not suffer from healthcare revenue drops, Cramer took a slightly positive tone for Centene Corporation (NYSE:CNC). The firm’s earnings report also saw it share that it had managed to maintain rates for Affordable Care Act coverage. Here is what Cramer said about the firm:
“Four star Centene. Those things matter. And at Centene, the late Michael Neidorff, he always had that company making money but also lower than all the other companies for Medicaid. Something worth thinking about.”
Previously, Cramer commented on Centene Corporation (NYSE:CNC) in July. Since then, the shares have gained 33%:
“I mean Centene last week, that stock has just been one of the most horrible stocks in the group.”
1. UnitedHealth Group Incorporated (NYSE:UNH)
Number of Hedge Fund Holders In Q2 2025: 159
UnitedHealth Group Incorporated (NYSE:UNH)’s shares have been in trouble in 2025 as they have lost 29% year-to-date following a 27% fall in April and a 28% fall in May. Some of the pessimism surrounding the stock is due to reports that the Justice Department is investigating the firm. Cramer’s previous comments in the context of these reports have fluctuated from being worried to sharing that UnitedHealth Group Incorporated (NYSE:UNH) would have disclosed if anything was wrong. This time, he said the following after co-host David Faber asked how he has turned positive on the firm:
“Yeah well I just think at a certain point, the company, the seasoned CEO, knows not to put out things if he’s also worried or [inaudible] with the Justice Department. He’s a seasoned guy, I’ve known him for a long time, he’s not a hype artist. And by the way, I was with them for a very long time, UnitedHealth, and I did it because of the stars.
“I’m not against this stock for the last 40 points. .
“[On how the stock was up 37% for the month] Well we thought that there was a chance that the Justice Department would sue them and therefore that would be the end. But it hasn’t happened. Not sue, I mean like indict them is what I mean. Cause you’re not gonna get a lot of government money if you’re indicted.”
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