In this piece, we will look at the stocks Jim Cramer discussed.
In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer discussed the recent dip in gold price and silver trying to bounce. The CNBC TV host correlated it with meme, quantum, and nuclear stocks and shared advice on how to avoid losses from the dips:
“But what we’re seeing is, these are, all of these things are very correlated. The memes are correlated. The quantum stocks are correlated. The nuclear stocks are correlated. The rare metals are all correlated. And they all went down at once. You just have to be careful. One of these goes down, particularly gold, then you’re going to get caught in what I regard as a vortex of everything coming down like it did yesterday. What you want to do, when you’re in one of these meme stocks, or when you’re in one of these stocks. . . just check to see insider selling, check to see if there are converts being done, check to see if there’s corporations trying to raise money. And sell that stock yesterday.”
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 October 22nd.
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14. Netflix Inc. (NASDAQ:NFLX)
Number of Hedge Fund Holders In Q2 2025: 150
Cramer discussed Netflix Inc. (NASDAQ:NFLX) after the firm’s latest earnings report, which saw third quarter revenue of $11.51 billion beat analyst estimates but earnings per share of $5.87 miss estimates of $6.97. While the stock dipped by 9% in trading after the results, the CNBC TV host took the contrarian view:
“[On earnings] I think one of the problems is, they claimed it was telegraphed but you really had to go through a lot of fine print to be able to realize that. I’m gonna take the other side of the selling. I thought the quarter was excellent. I think that the engagement is really good, I think the advertising is really good. I think what the, the slate that they have is really good. And what happens with something like this? Okay, you say, listen, I want to sell it. And then Friday, Kathryn Bigelow of the House of Dynamite comes on, and then on Monday we all come out, we’re talking about House of Dynamite. I just think that to leave this stock, with their advertising, with the gaming possibly coming, with them having to say, listen, we don’t need any of this stuff with Warner Brothers. Discovery. We can do it on our own.
“They don’t need to buy anything. They can make, they have their own destiny.
“I think people just said, you know what, this is a beat and raise situation. And they didn’t beat and raise. I come back and say, very few companies are as in control of their destiny as this company. And they still have a lot of time. . .and they go around and they talk about all the different places that they’re developing great stuff. You know they make this stuff and it’s very, the South Korean stuff is very inexpensive, the Mexican stuff is very inexpensive. It doesn’t cost them a lot to be able to make really, really good product. Let’s say it was a technology company, they’ve got all these new technologies all over the place and it’s just such a great thing to be able to have a returning slate. Oh look at that, they’ve got the Witcher 4, nobody wants this too, Emily in Paris, which my wife still watches, unbelievable. . .you know all these things are franchised. It’s hard to have this many franchises. Disney does not have that many franchises.
“But I do think that this is an impressive quarter and those who. want to sell it, they should read the conference call which was incredibly done. They should read the shareholder note, which was amazing. And they’ll realize you’re selling a company which has more franchises than any other company that I know. That can just print money.”
13. Warner Bros. Discovery, Inc. (NASDAQ:WBD)
Number of Hedge Fund Holders In Q2 2025: 67
Warner Bros. Discovery, Inc. (NASDAQ:WBD) was back in the news lately after reports suggested that the firm had rejected Paramount Skydance’s reported takeover bid. The reports came courtesy of Reuters and CNBC’s David Faber, with Warner Bros. Discovery, Inc. (NASDAQ:WBD) only confirming that it had received multiple “unsolicited” offers. Cramer commented on the per-share price purportedly being offered to the firm and his beliefs about CEO David Zaslov:
“[On deal rejection] Look my understanding is David Zaslov doesn’t want anything less than 27. That there are other buyers out there who seemingly could be flushed out. We know that there are other companies that overpaid for different cable assets before.
“But I do think that Zaslov is, look he’s firm, he’s firm on this.
“But I think Zaslov is right to hold now, I really do. . .look you just said, maybe Netflix is a buyer, maybe Comcast is a buyer, well why not just say, listen, here’s my price, what’s the worst thing, they ask you [inaudible] and sell us for 24?
“The idea of getting to 27 without Paramount in there, that’s a stretch. Very big stretch, bridge too far so to speak.
“[When asked if this was something he would be playing in right now] Absolutely not. Look because I want growth, and this is about market share and conceivably putting together some sort of like Citizen Kane like product. I’m not there. . .”
12. GE Vernova Inc. (NYSE:GEV)
Number of Hedge Fund Holders In Q2 2025: 106
GE Vernova Inc. (NYSE:GEV) is one of Cramer’s top stocks in the nuclear space. In this episode, the CNBC TV host discussed nuclear power stocks and maintained that the firm was the one with the best chances of delivering nuclear power projects:
“. . .look we can talk about GE Vernova, which was down about 10 points at one point, and like the world’s their oyster. So I wanna be in GE Vernova.
“So now let’s take the other side. If you listen to GE Vernova, which is actually the foremost maker of nuclear power, you will find out that this kind of technology is, pie in the sky. Maybe 20, maybe 40. . .okay so they’re gonna say that. Everybody’s going to say their nuclear’s ready. Everybody. There’s only one that is actually building and that’s GE Vernova, because they are nuclear power, wind not that much anymore, rounding error. And natural gas turbine. And I just think that if you want to bet, this by the way had a great quarter, hyperscalers all over the place, they’re trying to get them in, not just out.”
11. Oklo Inc. (NYSE:OKLO)
Number of Hedge Fund Holders In Q2 2025: 36
Oklo Inc. (NYSE:OKLO) came to Jim Cramer’s attention after a Financial Times report claimed that the firm had no revenue, binding contracts, or licenses for power plants. Calling the report “devastating,” Cramer discussed Oklo Inc. (NYSE:OKLO)’s future prospects:
“[On the Financial Times piece] Devastating. Devastating. Why? Because it basically says it’s a seven billion dollar nuclear stock without any revenue and I think it is being, Sam Altman’s involved, he’s a backer. And the President likes it.
“Now what do I think? I think that it’s entirely possible where they can have something going, non-commercially in like six, seven years. But this thing just went up, if you put it up, 500%, it’s about you know 13% shorted, went on the backs of the shorts, I just think that even if they get it right okay, it is still going to be, not, and this is the term that people have to understand, it’s not scale okay. Let’s say they get it in 2030, let’s give them every single break, the NRC and all that, it’s not scale, David. And GE Vernova makes scale. So I would say, let’s give them the benefit of. the doubt that they can get all the permitting, and start building. But it can’t be scale, and what you need if you’re nuclear power is scale. Like Diablo Canyon.
“I think you sell all these stocks. I think they all should be sold. I think that they’re meme stocks. . .meme stock, ETF, I would sell it. You trim, trim, trim. . .let’s stop, there are plenty of great companies to invest in. These things, many of these are junk. . .”
10. Nebius Group N.V. (NASDAQ:NBIS)
Number of Hedge Fund Holders In Q2 2025: 45
As the conversation focused on speculative stocks, Nebius Group N.V. (NASDAQ:NBIS) came to Cramer’s attention. The shares have gained 247% year to date, and Cramer’s previous remarks about the firm have pointed out that while the firm has good contracts and a relationship with Microsoft, it continues to lose money. In this appearance, while discussing Nebius Group N.V. (NASDAQ:NBIS) partnership with Uber to invest $375 million in an autonomous delivery company, he warned viewers about a lockup expiration period:
“Take a look at Nebius. Okay. Which is a kind of a smaller scale, Michael Dell. . .alright so they announced a terrific thing today, that’s NBIS, they announced a robotaxi. . .with Uber. . .but they have an October 26 lockup expiration. This is very 2000 and that’s a big deal. . .then you have a lockup expiration and everybody who’s in, gets a such great price. So please be careful. Am I being too cautionary? I am not being cautionary.”
9. IonQ, Inc. (NYSE:IONQ)
Number of Hedge Fund Holders In Q2 2025: 30
IonQ, Inc. (NYSE:IONQ) is a quantum computing company that provides hardware and software services and products. Cramer has been discussing quantum computing stocks a lot recently. He has commented that while these firms might have potential, they are part of a speculative group of stocks that viewers should be careful of investing in. The CNBC TV host has also commented that investors should be on the watch for insider selling in firms like IonQ, Inc. (NYSE:IONQ) as that indicates management sentiment about future valuation. In his earlier remarks, Cramer commented that the firm was an “impoverished” growth company which had been “bid up aggressively” by retail investors. This time, he continued to discuss IonQ, Inc. (NYSE:IONQ)’s shares:
“That’s a really interesting, kind a small scale interesting company involving David, a technology whose time might or might not come. And people piled in. Because they got very excited and now they’re trying to figure out what exactly is IONQ.”
8. Rigetti Computing, Inc. (NASDAQ:RGTI)
Number of Hedge Fund Holders In Q2 2025: 17
Along with IonQ, Cramer also discussed quantum computing firm Rigetti Computing, Inc. (NASDAQ:RGTI). The firm is part of a basket of quantum computing upstarts that are competing in an industry where big technology firms such as Google and IBM are also present. Cramer has discussed quantum computing several times and indicated that he prefers IBM and Google as compared to firms like Rigetti Computing, Inc. (NASDAQ:RGTI). In this episode, he discussed the share price performance of speculative stocks and commented that it was time to take profits in the firm. In a recent Mad Money episode, Cramer had also remarked that insider selling at Rigetti Computing, Inc. (NASDAQ:RGTI) did not give him confidence when it came to the stock. This time, he discussed the firm’s share price performance:
“Take a look at Rigetti. See how Rigetti’s done over the course of the last year. It’s rather remarkable. . .but the time has come and gone. So you ring the register.”
7. AST SpaceMobile, Inc. (NASDAQ:ASTS)
Number of Hedge Fund Holders In Q2 2025: 30
AST SpaceMobile, Inc. (NASDAQ:ASTS) is a satellite internet company that enables direct-to-cell communications. It is competing with SpaceX’s Starlink, which is also steadily growing its direct-to-cell coverage. The firm aims to remove coverage gaps with its satellites, but Cramer is concerned about its recent announcement of private convertible bonds worth $1 billion. He called AST SpaceMobile, Inc. (NASDAQ:ASTS) “speculative” in a recent Mad Money appearance. This time, he discussed the convertible offering and shared additional insights about strategies used by hedge funds in such cases:
“And at the same time I’ve got AST SpaceMobile, they do a billion dollar convert, 2.25% coupon. People have to realize, that the hedge funds, they buy the convert they short the common. And they knock the common down. That’s something that happened in 2000.”
Here are Cramer’s previous thoughts about AST SpaceMobile, Inc. (NASDAQ:ASTS):
“Okay, see this is the kind of company, alright, this is what I hate. I know that they filed a big convertible after the close. That is exactly what I’m most afraid of. That’s an equivalent of a big corporate finance. It’s going to push the stock down. That’s what I’m seeing with a lot of this speculative stuff. No, no, no.”
6. Intuitive Surgical, Inc. (NASDAQ:ISRG)
Number of Hedge Fund Holders In Q2 2025: 107
Intuitive Surgical, Inc. (NASDAQ:ISRG) is one of the few companies in the world that makes and sells surgical robots. Its shares have gained 5.2% year-to-date and jumped by more than 17% in October after the firm’s third-quarter earnings report. The results saw Intuitive Surgical, Inc. (NASDAQ:ISRG) report $2.51 billion in revenue and $2.40 in earnings per share. Both of these beat analyst estimates of $2.51 billion and $1.99. Investors were also pleased as the firm revealed during the report that it expected procedures performed by its DaVinci robots to grow between 17% to 17.5% in 2025, which was higher than the previous estimate of 15.5% to 17%. Cramer used Intuitive Surgical, Inc. (NASDAQ:ISRG) as an example of a business with “tangible” products versus speculative stocks:
“Versus ISRG. Which the run in the ISRG machines, round the clock. I like that. That’s something tangible. David, I want tangible, okay.”
The comments marked a slight shift in Cramer’s thoughts about Intuitive Surgical, Inc. (NASDAQ:ISRG) in an October 16th Mad Money appearance, where he had remarked:
“You know, I have to tell you, things have gotten tough for these guys. There’s a lot of people that have moved into their industry. I think it’s a great company, but the stock is telling me, don’t buy me, don’t buy me, and I’m hearing the stock.”
5. Vertiv Holdings Co (NYSE:VRT)
Number of Hedge Fund Holders In Q2 2025: 104
Vertiv Holdings Co (NYSE:VRT) is one of Cramer’s top stocks in the data center space. He has repeatedly pointed out that the firm is a key player in the data center space due to its cooling technologies. Vertiv Holdings Co (NYSE:VRT) reported its third-quarter earnings earlier this week. The results saw the firm post $2.68 billion in revenue and $1.24 in earnings per share. Analysts, on the other hand, had penciled in $2.58 billion and $0.98. However, the shares dipped after the earnings report. Cramer was quite optimistic ahead of Vertiv Holdings Co (NYSE:VRT)’s earnings report as he expected it to deliver an “excellent number.” Commenting on the shares after the report, he was optimistic about the firm’s future prospects:
“A lot of people did think that everything that could happen was in the quarter. I think no. I think there’s more. Remember, it’s Dave Cote, he’s the chairman, he’s done a magnificent job. The stock has run.”
Cramer discussed Vertiv Holdings Co (NYSE:VRT)’s chairman, Dave Cote, in detail in February. Here is what he said:
“Okay, look, Vertiv… You need to know that the chairman of Vertiv is Dave Cote. He was my former next-door neighbor. He’s a brilliant industrialist. The stock is down very big. It’s involved with data centers, indeed. It’s actually a data center play and I think the stock has come down enough that I think you should buy some. But… not all, and not all at once. This is a wild trader and if it’s a wild trader, you don’t need to stick your neck out.”
4. Texas Instruments Incorporated (NASDAQ:TXN)
Number of Hedge Fund Holders In Q2 2025: 68
Texas Instruments Incorporated (NASDAQ:TXN) is a semiconductor company that primarily caters to the needs of industrial products. The firm reported its third-quarter earnings earlier this week, which saw it guide fourth-quarter EPS at an $1.26 midpoint, which was below analyst estimates of $1.41. Naturally, the shares fell after the earnings report. Cramer discussed Texas Instruments Incorporated (NASDAQ:TXN)’s earnings call and pointed out that management might need to change its tone during the earnings calls:
“By the way, Texas Instruments is one of the driest, they do a very dry call. Okay. I mean it’s like reading the ingredients on the side of like a tasty cake you know.
“Seagate, Western Dig, those have been fantastic. Those are more storage. Texas Instruments historically has thrown cold water on everything. I don’t know why people own the stock. They have made you feel like a chump since 1983.
“[On why Elliott Management continued to own the stock] Can’t be right about everything.”
3. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders In Q2 2025: 335
Cramer regularly discusses Amazon.com, Inc. (NASDAQ:AMZN) on his morning show. Most of his discussions surround the firm’s cloud computing business, AWS. After the shares fell following the cloud business outage, Cramer predicted that the stock could rise, and he was proven right. This time, he commented on Amazon.com, Inc. (NASDAQ:AMZN) after Anthropic announced a deal with Google Cloud. Anthropic is Amazon.com, Inc. (NASDAQ:AMZN)’s AI partner, and here is what Cramer said:
“No, I love Amazon. I don’t like Amazon, I love Amazon.
“Well look. All I know about Amazon is that, to bet against Jassy, has not been a great bet. To bet against Bezos has been a foolish bet. I just think that what happens here is that Amazon Web Services has to reaccelerate. And if they do, everyone will buy them. But David, I come to you, and I ask you to buy Anthropic, and is that someone who says you know what, I don’t want to be involved with Amazon Web Services, I want to be with Google Cloud.”
2. Alphabet Inc. (NASDAQ:GOOGL)
Number of Hedge Fund Holders In Q2 2025: 219
In this show, Cramer discussed Alphabet Inc. (NASDAQ:GOOGL)’s Search business and the firm paying Apple to make Search the default on Apple’s products. He recalled a court decision earlier this year and how he had initially sold the stock:
“Well the Justice Department was you know, the judge ruled against, called a monopolist. I sold it because I felt like, hey, the judge, the judiciary. . . .
“It’s [the stock] great and YouTube is fantastic.
“To me, the real stretch in that opinion was that remember Google was paying at least 20 billion dollars to be the one that is embedded. And everyone thought that deal was going to be exposed. Even the top people in Apple I think thought it was. . .and what did he say, the judge? We need them because Google has too much money. We don’t want them to get more money, they’ll be even more monopolist. So Apple’s fine. Which made me think that Perplexity, one of these sides could go to Apple and say we’ll pay you 30 billion to knock out everybody else and then they’re made.”
1. Capital One Financial Corporation (NYSE:COF)
Number of Hedge Fund Holders In Q2 2025: 132
Banking giant Capital One Financial Corporation (NYSE:COF) reported its third-quarter earnings earlier this week. The results saw it post $5.95 in earnings per share and $15.36 billion in revenue to beat FactSet estimates of $15.1 billion and $4.38. However, the stock remained jittery after the earnings. Cramer discussed the results:
“I am bummed out. My charitable trust owns it. It was up 10 last night. I think that Richard Fairbank, put on a clinic, here it comes. He’s doing a gigantic buyback. Discover’s going to start rivalling Mastercard and Visa. The defaults are down dramatically cause they’re such a good lender. Capital One is starting to do a high end card with lots of points that will compete with Sapphire and American Express. This is the one to own. This is the one to own.
“Fairbank once called me and I criticized that as being like not a great lender. He called me and I was at the doctor. I said listen, I’m at the doctor and he just said, Well I don’t really care. Listen to this. And then like I’m telling the doctor, hey listen, I gotta call you back. Because he didn’t care. That guy is fantastic.”
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