14 Stocks Jim Cramer Discussed As He Went “All In” On Quantum Computing

5. Blackstone Inc. (NYSE:BX)

Number of Hedge Fund Holders In Q1 2025: 81

Blackstone Inc. (NYSE:BX) is an alternative asset manager whose shares have gained a modest 2.5% year-to-date. The stock has gained primarily due to the firm taking advantage of the growth in deal making in 2025 and making large acquisitions such as that of TXNM, an electricity provider in Mexico and Texas. Previously, Cramer has commented that he likes Blackstone, and this time, he commented on the firm’s CEO commenting that he was seeing the biggest forward IPO pipeline in four years:

“[On CEO saying biggest forward IPO pipeline in four years, the dealmaking pause was behind the firm] It was very good. Jonathan Gray was very good this morning. He also said great stuff about data centers.”

After word spread about Blackstone Inc. (NYSE:BX) acquiring TXNM, here’s what Cramer said:

“We know Blackstone has a lot of data centers. We know TXNM is in the area with a lot of data centers. I still think this is motivated by the need to have cheap power. Although remember, they are not a generator.

“I think it just a great acquisition. I think all the companies that are in the business of low power, low cost power, which is in say Texas, good place, it’s a great business to be in. And John Gray who runs Blackstone, knows that this is just a, that their own data center company might be worth the price of Blackstone.”