In this piece, we will look at the stocks that Jim Cramer recently discussed.
In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer discussed the recent Bitcoin price jumps. Bitcoin set a new record in July after its price crossed $118,000, with some of the jump attributed to institutional investors. However, Cramer attributed the price gains to individuals as he shared:
“No, people are going to say, they’re speculative, they’re speculative, they’re speculative. Look, it’s been, it’s led by individuals. . . .look I know, and I don’t want speculation. And, Santolli did a really good piece yesterday about speculation. And how much. You want it to come down but you don’t want it to be the leader, the market is overbought. But please respect the fact that the individual investor thinks that this is an amazing time. And that they have a President that stands up for American business. Even though I think all of us know that that’s not every business.”
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 July 9th.
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).
14. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders In Q1 2025: 328
Amazon.com, Inc. (NASDAQ:AMZN) struggled at the start of the week as investors worried about the firm’s highly anticipated annual Prime Day shopping event. However, Cramer defended the stock and added that most sales are typically during the final few days of the season. He also discussed technical trading terms and asserted that they have never made him any money:
“The bargains are incredible. But everyone was bad, everyone was bad mouthing Amazon, you know the numbers were bad. . .But there’s four day, this is not the typical, people think that maybe if you wait for the last day it’s a better bargain. Now maybe one of the things that is really interesting is that there is a Saks bar right in the middle. . . that does not make me feel great about Saks.
“And we’ve got, you’ve got multiple days. You also have some of things are just like. . .I mean they’re giving stuff away. By the way, that new Visa card, I’ve had the Sapphire, get rid of that, the Visa card is terrific. Jassy has thought of a lot of things, but no he’s, he doesn’t get any credit. Uh huh.
“Two things I want to emphasize. I don’t believe in the death cross and the golden cross. They never made me any money. And I’m not going to buy, I wanna buy Amazon because I think that the, I check Prime every minute, and I’m seeing more and more deals. I mean people, if you don’t check Prime every four hours, I don’t know what your problem is. I mean you’re not American.
“Plus I think Alexa Plus. . .she’s amazing. She knows classical, I mean she knows the difference between Jupiter symphony and like the Red Eye Jupiter. I mean she’s like smart. . .well now they got rid of Alexa’s voice, you can get any voice you want.”
Cramer also believes that Amazon.com, Inc. (NASDAQ:AMZN) is quite important for inflation in America, as he remarked during an earlier appearance:
“Well look I think that, in my speech that I’m giving on Friday, I talk about the idea of, there’s inflation brought on by tariffs and then there’s deflation brought on by Andy Jassy. And we have to start recognizing these stupid things that we get, for the CPI, PPI. . .Do they really take into account Amazon Prime? I mean take a look at the things that are about to be on sale . . .but these are really anti-inflation. And it just should matter. And no president has ever, I tried to get the Biden people to say why don’t you say something good about Costco, and they’re like, what are you talking about, I mean well a 150 million people is a huge number of people that belong to Costco.Why don’t you talk about Prime? None of the politicians want to touch anything good that we seem to do as business people.”
13. Caterpillar Inc. (NYSE:CAT)
Number of Hedge Fund Holders In Q1 2025: 62
Caterpillar Inc. (NYSE:CAT) is one of the largest agricultural and construction equipment providers in the world. Typically, this means that the stock’s performance is tied to the economy, with lower rates and more construction activity acting as tailwinds for the shares. However, Caterpillar Inc. (NYSE:CAT)’s shares are up 12.6% year-to-date as the firm has benefited from investor sentiment about data center construction. Cramer discussed Melius Research’s latest coverage of Caterpillar Inc. (NYSE:CAT):
“[On Melius upgrading the stock] Yeah and that’s Cummins, too. . .I do believe that if you are involved in the buildout, like we have a big decision in the charitable trust for Eaton, you’re making a lot of money because the buildout does not stop. And GE Vernova is still the biggest I think because you have to have nat gas. We’d love to have it all based on wind, well but not the President.”
“[On Melius pointing out that bubbles remain a worry] Well what are you going to do when you out one of those up, they really, they really like CAT. . . .look I think that the buildout, you can’t do what Amazon wants, and Alphabet wants, and, of course what Musk wants, what Zuckerberg wants, without more data centers. It’s just a, it’s remember, Jensen Huang, it says it’s an industrial revolution, and it would be like if you were doing steam engines and you said you know what we don’t need as many steam engines, I can predict.”
Earlier, the CNBC TV host also discussed Baird’s discussion of the stock:
“I was going to do Caterpillar, Hold to Buy. That was a good piece. Baird had fought it every step of the way, the reason I didn’t do it is I didn’t want to make fun of the guy for being completely wrong.”