Jim Cramer, the host of Mad Money, discussed Wednesday’s trading session and warned that several stocks may have run too far ahead of themselves.
“On a day like today, you get a sense that many stocks have indeed gotten ahead of themselves after a very strong rally. When you’ve had a major run and companies report terrific quarters, yet their stocks go down, that tells you something is wrong with those stocks, not with the companies themselves. A broken stock and a broken company are two very different things, and there are plenty of stocks today that broke.”
READ ALSO: Jim Cramer Recently Highlighted These 13 Stocks and Jim Cramer Recently Answered Questions About These 10 Stocks.
Cramer noted that investors frequently struggle to separate the movement of a company’s stock from the company’s actual performance. He pointed out that the confusion often leads people to misread market behavior, especially on volatile days. He said that what happened in Wednesday’s session was largely a result of profit-taking, when traders lock in gains after a strong run.
“Bottom line: That’s why I keep urging you to trim the stocks of companies you own that are losing fortunes, the ones that will have to sell huge slugs of stock in order to keep operating… Many don’t even have revenues. I don’t see the speculative plays returning to their highs from 10 days ago. If anything, many of them might be headed for the new low list. It is still not too late to sell them on the coming bounce, of which there will be one.”
Our Methodology
For this article, we compiled a list of 13 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on October 22. 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 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
13 Stocks Jim Cramer Put Under the Spotlight Recently
13. Rigetti Computing, Inc. (NASDAQ:RGTI)
Number of Hedge Fund Holders: 17
Rigetti Computing, Inc. (NASDAQ:RGTI) is one of the stocks Jim Cramer put under the spotlight recently. Cramer discussed the stock’s performance during the episode and said:
“Then there’s Rigetti Computing, a quantum computing company. Rigetti’s up 136% for the year. The company has declining revenues for the last few years. It’s losing gobs of money. Board member just sold $2.8 million worth of stock. Good for her or him. I don’t know. I don’t see how you can own a quantum computing play that’s losing tens of millions of dollars with the results far off in the future when there’s heavy insider selling.”
Rigetti Computing, Inc. (NASDAQ:RGTI) develops and provides cloud-based quantum computing systems and superconducting processors through its Quantum Computing as a Service platform. During the October 21 episode, a caller inquired about the stock, and Cramer replied:
“You mean the one that just had a giant seller, a giant insider selling, a director. No, I don’t want to be there. Giant insider selling does not work for me.”
12. Aurora Innovation, Inc. (NASDAQ:AUR)
Number of Hedge Fund Holders: 41
Aurora Innovation, Inc. (NASDAQ:AUR) is one of the stocks Jim Cramer put under the spotlight recently. Cramer highlighted that the company is losing money, as he commented:
“Then there’s Aurora Innovation. It’s a self-driving technology company. Trades at under $5. This is another company that’s never made money in the last five years. In fact, it’s lost hundreds of millions of dollars. Just go buy the stock of Tesla in the weakness.”
Aurora Innovation, Inc. (NASDAQ:AUR) develops autonomous driving technology through its Aurora Driver platform. When a caller inquired about the stock during the October 21 episode, Cramer responded:
“It can’t seem to make money. I can’t recommend stocks at this time that can’t seem to make money. And they are definitely, even with those bloodlines, not making money.”
11. Tecogen Inc. (NYSE:TGEN)
Number of Hedge Fund Holders: 4
Tecogen Inc. (NYSE:TGEN) is one of the stocks Jim Cramer put under the spotlight recently. Cramer said that he likes the stock. He stated:
“Next up, Tecogen, that’s a cogeneration company… for cleaner energy for on-site cooling and powering of the data center. Their chiller is known as the TECOCHILL. The stock’s up nearly 475% even though it’s now at $8, down from $12 last week. The company had a nice revenue ramp but has never turned a profit. I kind of like this one, but it’s really speculative. I prefer something more solid, like a Vertiv, after this decline today. What a buying opportunity.”
Tecogen Inc. (NYSE:TGEN) designs, manufactures, and services natural gas-powered cogeneration, cooling, and refrigeration systems for commercial, residential, and industrial applications. A caller inquired about the stock during the October 21 episode, and Cramer commented:
“It could be good, but they’re losing money. I, you know, it just had a giant move up anticipating exactly that. I’m going to have to say I’m taking a pass.”
10. GRAIL, Inc. (NASDAQ:GRAL)
Number of Hedge Fund Holders: 28
GRAIL, Inc. (NASDAQ:GRAL) is one of the stocks Jim Cramer put under the spotlight recently. Cramer noted the company’s huge run for the year and stated:
“And there’s Grail, a company that has a blood test that can detect cancer, maybe. It’s just got a readout for how the test works, and the results were mixed to positive. Grail immediately took advantage of the huge spike on the news… to do a private placement of $325 million. Now, I’m intrigued by the technology, but the company’s been losing hundreds of millions of dollars in the last five years, and the stock is up 347% for the year. Don’t call yourself early if you’re buying this one, even as the stock has pulled back from $103 to $79 over the past two days.”
GRAIL, Inc. (NASDAQ:GRAL) develops and markets blood-based tests for early cancer detection, including its Galleri screening test for multiple cancers. On October 21, when a caller inquired about the stock, Cramer showed bearish sentiment and said:
“Yeah, and I just read a really good piece the other day written by Dr. Topol, who’s been on the show a number of times. It did not make me feel that it was worth a, you know, I just didn’t think it was worth owning after this very big parabolic move. I’m going to say absolutely not to that one.”
9. Trilogy Metals Inc. (NYSE:TMQ)
Number of Hedge Fund Holders: 9
Trilogy Metals Inc. (NYSE:TMQ) is one of the stocks Jim Cramer put under the spotlight recently. Cramer noted that the stock is still up a lot for the year, despite a huge recent decline. He remarked:
“Next up is Trilogy Metals, up roughly 345% for the year, despite the fact that it’s come down from $11 to $5 over just the past eight days. Precious metals, rare earths, who knows? Trilogy’s got no sales, hasn’t in five years, has been losing money year after year after year after year.”
Trilogy Metals Inc. (NYSE:TMQ) explores and develops mineral properties focused on copper, cobalt, zinc, gold, and silver. On October 21, a caller asked Cramer if they should hold or sell the stock. He replied:
“It is a parabolic move that’s just now declining. You gotta sell that.”
8. AST SpaceMobile, Inc. (NASDAQ:ASTS)
Number of Hedge Fund Holders: 30
AST SpaceMobile, Inc. (NASDAQ:ASTS) is one of the stocks Jim Cramer put under the spotlight recently. Cramer called it an “intriguing cellular broadband play,” as he said:
“Now, here’s a stock that though it’s up more than 200% for the year, it’s at $71 and change, it’s still down more than 30 points from its high just six days ago. I’ve been warning people that you have to start bailing when you see big financings like we had at the end of the dot-com era. Sure enough, AST SpaceMobile, an intriguing cellular broadband play, just offered $1 billion in convertible notes and 2 million shares at $78 and change. It’s lost money for the last five years, with a $677 million in negative free cash flow for the last 12 months. I say no, thank you.”
AST SpaceMobile, Inc. (NASDAQ:ASTS) builds and operates the BlueBird satellite network. The company delivers space-based cellular broadband that connects directly to standard smartphones.
7. Netflix, Inc. (NASDAQ:NFLX)
Number of Hedge Fund Holders: 133
Netflix, Inc. (NASDAQ:NFLX) is one of the stocks Jim Cramer put under the spotlight recently. Discussing the post-earnings sell-off in the stock, Cramer commented:
“I think this sell-off is an overreaction… However, I will say that it’s become harder to judge Netflix ever since the company stopped… the regular reporting of subscriber metrics and average revenue per user… Again, though, I think this often, Netflix is giving you a terrific buying opportunity because I’m not worried about their business at all. I trust management when they say the Brazilian tax issue won’t impact earnings going forward, and other than that tax charge, well, you know what? I saw a lot to like…
Now, apart from the numbers themselves, I think the whole Netflix narrative remains extremely compelling… Long story short, while Netflix certainly didn’t report a clean quarter, the biggest piece of hair on this thing was that major Brazilian tax charge, one-off. I think it’s crazy that the stock sold off 10% today, given that it was already down about a hundred bucks from its highs. Plus, after the sell-off, Netflix now trades at less than 35 times next year’s earnings estimates even though it’s expected to deliver 26% earnings growth. This thing could sell at 50 times earnings, it wouldn’t be all that expensive. I think it’s a fine price to pay.
Bottom line: As far as I’m concerned, Netflix has great revenue growth and aside from that Brazilian thing, its profitability keeps improving. They had a terrific content slate. Basically, nothing about this quarter makes me doubt the company. The only thing that’s changed is the stock’s gotten a heck of a lot cheaper, which is why I think this is an incredible buying opportunity.”
Netflix, Inc. (NASDAQ:NFLX) provides streaming entertainment, including TV series, films, documentaries, and games across multiple genres and languages.
6. Thermo Fisher Scientific Inc. (NYSE:TMO)
Number of Hedge Fund Holders: 117
Thermo Fisher Scientific Inc. (NYSE:TMO) is one of the stocks Jim Cramer put under the spotlight recently. Cramer discussed the company’s latest earnings, as he commented:
“So what do we make of these numbers from Thermo Fisher Scientific, a company I’ve liked for so long? It’s a big life sciences company, reported better than expected quarter this morning… [It] delivered a nice top and bottom line beat with accelerating organic revenue growth. So, maybe this stock can finally get its groove back after mostly trading sideways for the past few years. All for legitimate reasons.”
Thermo Fisher Scientific Inc. (NYSE:TMO) supplies laboratory products, analytical instruments, diagnostics, and biopharma services that support scientific research, healthcare, and industrial applications. On October 1, a caller asked about the stock, and Cramer responded:
“Oh yeah… they really got hurt by COVID. I gotta tell you, as good as Marc Casper is at Thermo Fisher, I’m still saying that Danaher’s better. They’ve both been in the same junk heap, and they shouldn’t have been. Danaher, I think, has got more going for it right now than Thermo Fisher. I would do DHR. That’s a club name.”
5. Capital One Financial Corporation (NYSE:COF)
Number of Hedge Fund Holders: 132
Capital One Financial Corporation (NYSE:COF) is one of the stocks Jim Cramer put under the spotlight recently. Cramer highlighted the stock’s post-earnings action and said:
“You know I like the real economy stocks because the bar for them is very low. So they can easily rally. Witness Capital One, COF, a credit card company. It rallied nearly four bucks off a quarter that showed a dramatic decline in credit problems when many thought there’d be an increase. That’s a textbook example of a stock rallying off of a real shocker. This Charitable Trust holding was up $10 at one point. I think it’s going to go back there.”
Capital One Financial Corporation (NYSE:COF) provides banking and financial services, including credit cards, loans, deposits, and digital banking solutions. During the September 30 episode, a caller asked about the stock in light of its decline and two analysts lowering their targets. Cramer replied:
“Yeah, look, I think that this move is an overreaction. I think that periodically, people think that as the economy gets weaker, this is the one to bet against. I would tell you that when the rate, when the economy gets weaker and the Fed moves and cuts rates, this is the one you want to buy. So I think these people are being very shortsighted. I don’t think they understand who really runs this bank because Fairbank’s really unbelievable. I think the stock deserves to be at the 230 range. I would be a buyer heavily here. I think these analysts are going to miss the next big move, and they’re making a major mistake, and I’m calling them out on it.”
4. Texas Instruments Incorporated (NASDAQ:TXN)
Number of Hedge Fund Holders: 68
Texas Instruments Incorporated (NASDAQ:TXN) is one of the stocks Jim Cramer put under the spotlight recently. Cramer discussed the market’s reaction to the company’s guidance, as he commented:
“How about if your stock’s okay and you disappoint or you guide down?… When you guide down, if it’s because of margin pressure, making less money per product, ooh that’s what happened to Texas Instruments, which sellers suddenly dumped en masse, taking the stock down 10 points or 5.6% and I don’t expect buyers to take that stock up anytime soon.”
Texas Instruments Incorporated (NASDAQ:TXN) designs and manufactures semiconductors and related products used in industrial, automotive, and electronic applications. Cramer mentioned the stock during the April 23 episode and said:
“Given that the whole world’s thinking we’re about to have a recession here because of the extreme tariff turmoil, these are the kinds of companies that should be slashing the numbers, but they’re not. They’re raising the numbers. Oh, and just tonight, the storied Texas Instruments, which has been struggling mighty of late, shed the weaknesses, put up terrific numbers that might be enough to ignite what had been a more abundant chip cohort.”
Since the above comment, Texas Instruments Incorporated (NASDAQ:TXN) stock is up over 12%.
3. Intuitive Surgical, Inc. (NASDAQ:ISRG)
Number of Hedge Fund Holders: 107
Intuitive Surgical, Inc. (NASDAQ:ISRG) is one of the stocks Jim Cramer put under the spotlight recently. Cramer noted the reason for the stock’s recent rally, as he remarked:
“When you want amazing and you get amazing and your stock’s up a lot, you’ll, well, then you’ll probably get a pullback. Now, I want you to contrast all this with the best-performing stock in today’s session, which is… Intuitive Surgical. Here’s a company that fell out of favor as there hadn’t been as much utilization of their incredible Da Vinci surgical machine of late.
This time, though, there was strong double-digit… procedure growth, up 16% and with the real kicker, the Leerink Partners research said that those procedures grew because of after-hours use. That’s greater leverage of fixed costs. Nobody saw that re-acceleration coming, which is how Intuitive Surgical could rally nearly 14% today.”
Intuitive Surgical, Inc. (NASDAQ:ISRG) designs and manufactures robotic systems and instruments that enable minimally invasive surgical and diagnostic procedures.
2. Vertiv Holdings Co (NYSE:VRT)
Number of Hedge Fund Holders: 104
Vertiv Holdings Co (NYSE:VRT) is one of the stocks Jim Cramer put under the spotlight recently. Cramer said that the company reported a “shockingly great number,” as he commented:
“We saw the same thing with Vertiv… This is a stock that goes up 54% coming into the quarter. Terrific return. The company reported an amazing, a shockingly great number, but I don’t know a soul who follows this company who didn’t expect a monster quarter. When you expect a monster quarter and you get a monster quarter, it won’t be enough to move the stock.
So after Vertiv opened up 10 points, it then plummeted 20 points because their monster quarter wasn’t the kind of super duper monster quarter… Organic orders up 60%. That’s crazy good. I was expecting crazy good, though, which is why the stock still got… [stung] because we got crazy good… Once again, you need to know that nothing’s wrong with Vertiv except the fact that the stock was already up a lot coming into the session.”
Vertiv Holdings Co (NYSE:VRT) provides digital infrastructure technologies and lifecycle services for data centers, communication networks, and industrial systems.
1. GE Vernova Inc. (NYSE:GEV)
Number of Hedge Fund Holders: 106
GE Vernova Inc. (NYSE:GEV) is one of the stocks Jim Cramer put under the spotlight recently. Cramer said that he “immediately liked” the company’s earnings as he saw them. He commented:
“Take GE Vernova, General Electric’s old power business, which reported this morning. GE Vernova is a very important company because it’s responsible for a plurality of the energy that goes into, yes, you guessed it, the data center… I saw the numbers come out over the wire this morning, and I immediately liked them. The company showed excellent order growth as it has become integral to the need to feed these data centers an extreme amount of electricity… GE Vernova is one of the very few companies that can generate enough power to save these hungry behemoths.
While the CEO Scott Strazik didn’t raise estimates for the full year, he did paint an incredibly positive outlook on the conference call. The story only got better when CNBC’s own Seema Mody talked to Scott, and he said that he’d been in contact with OpenAI’s Sam Altman. Sounds like a big relationship could be in the offing… There’s only one problem. GE Vernova stock was already up almost 80% for the year going into the quarter. The stock was indicated up 25 points before the market opened… Next thing you know, GE Vernova is down 50 points. It wasn’t enough that you had terrific order growth.
The stock had already anticipated that and more. We didn’t get more. So what happened? [Sell, sell, sell, sell] Now you gotta ask yourself, is GE Vernova a bad company? Did it do something wrong? No, not at all. In fact, if you looked at GE Vernova stock in a vacuum, you’d want to be a buyer at these levels. A lot of people clearly agree with me because the stock erased most of its losses and finished just down $9. Okay, sounds a lot, but not on a $576 basis. No tragedy there. Stock wrong, company right.”
GE Vernova Inc. (NYSE:GEV) provides technologies and services for power generation, transmission, and storage across gas, nuclear, wind, and renewable energy systems.
While we acknowledge the potential of GE Vernova Inc. (NYSE:GEV) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GEV and that has 100x upside potential, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.
