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 recent market volatility and the role President Trump could play in it. The CNBC TV host warned against paying too much attention to the volatility after markets fell following tensions between the US and Europe:
“Well I think that we’re, jarred, because a lot of people felt that this part of the presidency was over. I think there’s a belief, David, that, there’s bit of an erratic behavior that makes us feel that we want to, maybe not be committed to more buying of American stocks for the moment. Now I want to point out, we can really overdo this. . .the press was really talking about this is the number one trade partner and they also can pull their treasuries out. And my problem with that is that, the markets are overbought, we’re up a lot, but in a few days, let’s say the President comes on with, Joe tomorrow, and says, you know what, look, you have to understand, I’m in a dealmaking mode. Then everything that you sold or everything you passed on is going to make you feel like a dope. And the President has been known to look at the averages and say, you know what, maybe I overdid it, ala, April.”
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 January 20th. We also provided hedge fund sentiment for each stock as of the third quarter of 2025, which was taken from Insider Monkey’s database of 978 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).
14. Texas Roadhouse, Inc. (NASDAQ:TXRH)
Number of Hedge Fund Holdings: 37
Restaurant chain Texas Roadhouse, Inc. (NASDAQ:TXRH)’s shares are up by 7% over the past year and by 12.8% year-to-date. BMO Capital started the year on a strong note for the firm as it hiked the share price target to $170 from $155 and kept a Market Perform rating, according to The Fly. In its report, the financial firm commented that Texas Roadhouse, Inc. (NASDAQ:TXRH). and the broader restaurant sector could face challenges in 2026, which include cost and consumer spending pressures. More recently, TD Cowen initiated coverage, as it set a $215 share price target and a Buy rating. TD Cowen discussed Texas Roadhouse, Inc. (NASDAQ:TXRH)’s same-store sales and a reputation for value. The financial firm used value perceptions to emphasize that the restaurant firm could benefit from changing consumer perceptions. Morgan Stanley also hiked Texas Roadhouse, Inc. (NASDAQ:TXRH)’s share price target to $208 from $205 and kept an Overweight rating. Cramer briefly discussed the coverage:
“Texas Roadhouse. Right there. Okay. They’ve got to buy. They have United Arab Emirates. They got Philippines. Alright. The stock. Morgan Stanley liked it. . .maybe beef comes down. There you go.”
13. Oracle Corporation (NYSE:ORCL)
Number of Hedge Fund Holdings: 122
AI infrastructure giant Oracle Corporation (NYSE:ORCL)’s shares are down by 3.4% over the past year. Year-to-date, the stock has lost 9%, and during this time period, several analysts have discussed the firm. For instance, Guggenheim reiterated a $400 share price target and a Buy rating on the shares as it called the firm its “Best Idea” in the software industry. Along with providing AI infrastructure, Oracle Corporation (NYSE:ORCL) is also one of the largest enterprise resource planning (ERP) software providers in the world. The shares have struggled amidst concerns about the debt the firm is taking to build AI infrastructure. Guggenheim outlined that Oracle Corporation (NYSE:ORCL)’s long-term growth opportunities could make the spending worthwhile. Cramer also discussed Guggenheim’s coverage:
“I wanted to be fatuous just in keeping with the news that I read which makes me feel like, are you kidding me? Come on, are you kidding me? Are we really supposed, what are we supposed to sell Oracle off of this? What are we supposed to do?
“Right and I think again, I think speculative juices got too hot. But one of the things you have talked about over and over again, is this problem Oracle has. Oracle has been spending a fortune to build data centers. Okay, we’ve had a lot of people come on in Davo talk about the need for data center infrastructure so that’s really superb coverage over there by us. But you know David, Guggenheim comes out today, Oracle’s their best idea for 2026. They tell you don’t worry about the investment grade ratings, so in other words, a lot of people felt that they were going to constrained by the ratings agencies, Oracle. And they’re talking about the, don’t worry about the concentration with OpenAI. . .what basically is, this is one of those stocks, if you see it go higher, then people genuinely believe that we might be out of the woods when it comes to the big data spend.
“But I just wanna point it out that this is one of these linchpin stocks, there’s so many of the things that we’re looking at, they’re not stocks yet, they’re private. . . But Oracle is a company that if it can keep building and it doesn’t get downgraded by the rating agencies, well you know what, that just says, this thing has got staying power. . .but I like the fact that it’s a totally contrary piece, cause it’s just, it’s frankly good reading.”
Munro Global Growth Fund also discussed Oracle Corporation (NYSE:ORCL) in its fourth quarter 2025 investor letter:
“Key detractors from performance for the quarter included Oracle Corporation (NYSE:ORCL) (Digital Enterprise), Rheinmetall (Security) and Coreweave (High-Performance Computing). Oracle shares fell during the quarter as the market scrutinized their ability to fund the company’s aggressive spending plans, given Oracle is heavily linked to OpenAI, who in turn is only generating a small amount of revenue today relative to their medium-term spending plans. Coreweave is effectively an enabler for Oracle to be able to deliver on its computing ambitions, and therefore also declined over the quarter.”
12. D.R. Horton, Inc. (NYSE:DHI)
Number of Hedge Fund Holdings: 64
Homebuilding giant D.R. Horton, Inc. (NYSE:DHI)’s shares are up by 8.5% over the past year and by 9% year-to-date. January has been a busy month for the firm after it reported its fiscal first-quarter earnings. The results saw D.R. Horton, Inc. (NYSE:DHI) report $6.89 billion in revenue and $2.03 in profit-per-share to beat analyst revenue and profit estimates of $6.60 billion and $2.03. Following the earnings, several analysts discussed D.R. Horton, Inc. (NYSE:DHI)’s stock. For instance, Evercore ISI slightly increased the share price target to $169 from $167 and kept an In Line rating on the shares. The financial firm noted that the homebuilding company was in touch with the Trump administration regarding housing policy. UBS raised D.R. Horton, Inc. (NYSE:DHI)’s share price target to $193 from $191 and kept a Buy rating as it increased the valuation multiple. Cramer discussed the firm in the context of interest rates:
“All I’m saying is this that, what happens if someone from Denmark caves? Or they just say, you know, let’s have a deal, let’s come up with something good? And then you and I are going to be sitting here and saying, why were we not telling people to buy Horton? Rates are back down, big homebuilder.
“. . .very strange, was that Horton was up earlier, the big homebuilder. . .and Horton, don’t get your hopes up the rates are coming down and it’s time to buy Horton. It’s really too bad.
“You need a rate cut to buy a company that’s trading at 13 times future earnings.
“I’m not calling a bottom here but it’s important to point out that DR Horton, the big homebuilder, which by the way is the one that has the most inexpensive homes, 360,000 average closing price. It’s a sign again that they don’t sell homes in Greenland. We know that mortgage rates are creeping higher, but it has not hurt this company that much. It was down three. Again, not a speculative situation, an inexpensive stock.”
Meridian Hedged Equity Fund discussed D.R. Horton, Inc. (NYSE:DHI) in its third quarter 2025 investor letter released in December:
“D.R. Horton, Inc. (NYSE:DHI) is the largest homebuilder in the United States by volume, with a strategic focus on the entry-level and first-time buyer segments. Our investment thesis centers on the company’s ability to leverage its unmatched scale and production-oriented model to deliver affordable homes, a compelling value proposition in a market challenged by affordability. Its extensive presence across numerous high-growth Sunbelt markets solidifies its leadership position. The company’s operational efficiency drives strong cash flow generation, enabling significant capital returns to shareholders through buybacks while maintaining a ‘land-light’ strategy that reduces balance sheet risk. The stock outperformed during the quarter after the company reported surprising results across several metrics, including stronger-than-expected home closings and new orders (flat versus an expected decline), resilient gross margins that beat prior guidance, and a 2% year-over year decline in construction costs. Management also raised share repurchase guidance, signaling confidence in future cash flows.”
11. CoreWeave Inc. (NASDAQ:CRWV)
Number of Hedge Fund Holdings: 62
CoreWeave Inc. (NASDAQ:CRWV), along with Oracle, is a key player in the AI infrastructure space. Cramer has discussed the stock several times over the past couple of months and commented on the firm’s close relationship with AI GPU giant NVIDIA. The shares are up by 136% since their IPO last year. Truist discussed CoreWeave Inc. (NASDAQ:CRWV)’s shares in January and set an $84 share price target along with a Buy rating. Amongst several factors that it discussed, the financial firm pointed out CoreWeave Inc. (NASDAQ:CRWV)’s close relationship with NVIDIA. Banking behemoth JPMorgan also commented on the shares. It kept a Neutral rating and a $110 share price target. The bank commented that CoreWeave Inc. (NASDAQ:CRWV) is facing sizable AI demand but warned that the stock’s erratic trading patterns might not be for everyone. Cramer discussed the firm in the context of President Trump:
“So we know this weekend, that we got Trump, we got his, what he’s been buying, you see that, what he’s been buying? So he’s been buying CoreWeave, CoreWeave bonds. Next thing I know, Michael Intrator is in Davos, talking about CoreWeave, and I’m like saying, okay, that’s it, the President is buying CoreWeave. . .”
10. Whirlpool Corporation (NYSE:WHR)
Number of Hedge Fund Holdings: 31
Whirlpool Corporation (NYSE:WHR) is a well-known home appliances manufacturer. Its shares are down by 32% over the year but are up by 20% year-to-date. In mid-December, ratings agency S&P downgraded Whirlpool Corporation (NYSE:WHR) to BB from investment grade. S&P pointed out that the appliance manufacturer was suffering from margin weakness and higher leverage. It added that tariff uncertainty led to stocking in the US, and while Whirlpool Corporation (NYSE:WHR) performed well in sales, the firm also suffered from costs related to shipping new models to the market. The firm was in the news in January after the US Office of Government Ethics released financial disclosures for President Trump. The data showed that, among other companies, Whirlpool Corporation (NYSE:WHR) was also on the list of firms whose debt Trump bought. Cramer isn’t impressed by the debt:
“And then he’s buying Whirlpool, that’s not doing that well, it’s the bonds, I don’t like that debt.”
9. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holdings: 332
Retail and software giant Amazon.com, Inc. (NASDAQ:AMZN)’s shares are flat over the past year and are up by 3.6% year-to-date. In mid-January, TD Cowen raised the firm’s share price target to $315 from $300 and kept a Buy rating on the shares, as per The Fly. The investment firm discussed Amazon.com, Inc. (NASDAQ:AMZN)’s advertisement business based on the annual Ad Buyer survey. TD Cowen pointed out that the retail company could benefit from a growth in advertisement spending as data showed that more than 60% of the company’s customers planned to increase their spending. Bernstein kept a $300 share price target and an Outperform rating. It commented that Amazon.com, Inc. (NASDAQ:AMZN)’s cloud business, Amazon Web Services, and its retail margins could grow. In his recent remarks about the firm, Cramer focused on the retail business. The CNBC TV host pointed out that Amazon.com, Inc. (NASDAQ:AMZN) was facing tough competition from Walmart. In this appearance, he discussed the firm’s popularity with price-conscious customers seeking trade-down deals:
“I did like the fact that Jassy talked about how people are trading down, because if you go on Amazon, there are so many great things to trade down to. . .”
8. 3M Company (NYSE:MMM)
Number of Hedge Fund Holdings: 60
3M Company (NYSE:MMM)’s shares are down by 2.4% year-to-date. The shares have struggled in January following the firm’s fourth-quarter earnings report. The results saw 3M Company (NYSE:MMM) post $6.02 billion in revenue and $1.83 in adjusted profit per share. The results beat analyst estimates of $6.01 billion and $1.83. However, 3M Company (NYSE:MMM) also forecast its 2026 profit per share at $8.50 and $8.70, the midpoint of which was lower than analyst estimates of $8.61. After the earnings report, several analysts discussed the firm. For instance, Wolfe Research commented that the selloff was an overreaction while the longer-term story remained solid. UBS reiterated a $190 share price target and a Buy rating on 3M Company (NYSE:MMM)’s shares. The financial firm pointed out that the share price drop appeared to be a symptom of multiple contraction. As for Cramer, he wondered about the implications of the investor reaction on broader industrial stocks
“You know let me just go for a second to 3M because it’s a big cap stock that’s a very good company. And Bill Brown’s done a remarkable job. . .there are two kinds of industrials, there’s the data center industrial and then there’s the economy industrial. The reason why I point this out and why I think it’s important, the stock is being crushed, even though they beat the numbers. Because I think people are just saying, you know what, stock is up 20% for the year, let’s give this a break, and I find this disturbing for one reason. It’s not an expensive stock. And so, if this not expensive stock reports a quarter that is kind of okay and it gets hit like this, it’s a warning to people, that look, we’re in earnings season, let’s not forget that. The banks did particularly well, but now we have to worry, about, how the industrials are going to do. Then contrast that with completely, very strange, was that Horton was up earlier, the big homebuilder.”
7. ServiceNow, Inc. (NYSE:NOW)
Number of Hedge Fund Holdings: 104
Enterprise workflow management software provider ServiceNow, Inc. (NYSE:NOW)’s shares have struggled amidst the broader software sector’s woes, as they are down by 43.6% over the past year and by 13.9% year-to-date. Baird reduced the share price target to $190 from $250 in January and kept an Outperform rating on the stock. RBC Capital kept an Outperform rating and a $195 share price target after the software company announced its partnership with OpenAI. The financial firm commented that the deal reflected the company’s penetration and presence in the enterprise workflow market. Citi also shared optimism for ServiceNow, Inc. (NYSE:NOW)’s sales pipeline as it set a $250.60 share price target. The firm had announced its partnership with OpenAI in January. Through the deal, OpenAI’s frontier model capabilities will be available in ServiceNow, Inc. (NYSE:NOW)’s platform to its customers. However, Cramer wondered whether the deal would benefit OpenAI more by allowing the AI company to gain a foothold in the business-to-business market:
“Right, I mean look, it makes OpenAI look more business-to-business. Now, Ben Reitzes from Melius would argue, look this is just another thing that looks good for ServiceNow, is actually good for OpenAI.”
6. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holdings: 234
NVIDIA Corporation (NASDAQ:NVDA) continues to be on Jim Cramer’s radar. The CNBC TV host has continued to defend the stock even though gains have stalled lately. Since early November, the shares are down by 10%. During this time period, Cramer has asserted that NVIDIA Corporation (NASDAQ:NVDA)’s valuation is low when compared to the firm’s intellectual property. Analysts have also continued to be optimistic about the company. RBC Capital and Wolfe Research have reiterated Outperform ratings on the stock. Some of the reasons the analysts have cited as driving their confidence include NVIDIA Corporation (NASDAQ:NVDA)’s strong ecosystem, AI demand, and order backlog. In his recent remarks about the firm, Cramer asserted that market watchers should have more faith in the firm’s CEO. CEO Jensen Huang’s fireside chat with Eli Lilly’s CEO has also piqued Cramer’s attention, after the pair discussed the role AI could play in extending human lifespan. In this appearance, Cramer discussed a recent blog post by OpenAI CFO, Sarah Friar:
“Right and when she says compute, again I’m referencing Sarah Friar, CFO of OpenAI. Compute’s a scarce resource in AI, well compute, a lot of people read that and they think, okay, that’s accelerated computing, that’s NVIDIA, that’s Jensen Huang. And yet if you look at NVIDIA, the stock can’t get out of its way.”
5. Micron Technology, Inc. (NASDAQ:MU)
Number of Hedge Fund Holdings: 105
Micron Technology, Inc. (NASDAQ:MU) is one of the largest memory chip manufacturers in the world. Its position in the industry, courtesy of the ability to manufacture advanced memory chips, has enabled the firm to carve out a key position for itself in the AI ecosystem. Consequently, Micron Technology, Inc. (NASDAQ:MU)’s shares are among the top performers on the market and are up by 279% over the past year. Cramer also frequently discusses the firm in his morning appearances. One factor that has crossed his radar is the memory shortage, which has benefited Micron Technology, Inc. (NASDAQ:MU). The CNBC TV host has ardently pointed out how he was enthusiastic about the firm even before its CEO. The shortage was also on TD Cowen’s mind recently, as it raised the share price target to $450 from $300 and kept a Buy rating. In this appearance, Cramer discussed a facility that Micron Technology, Inc. (NASDAQ:MU) is building to meet the shortage:
“Take a listen to what happened with Micron, with Sanjay Mehrotra. They’re building a plant that is going to make it so that they can meet demand. But that plant doesn’t come due until 2030. Now I think Sanjay’s doing an amazing job.”
4. Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holdings: 166
Even though Apple Inc. (NASDAQ:AAPL)’s shares have remained muted, Cramer has continued to defend the stock. The shares are down by 8.3% year-to-date. UBS recently discussed the stock as it kept a Neutral rating and a $280 share price target. The investment bank pointed out that Apple Inc. (NASDAQ:AAPL) could benefit from iPhone strength as it heads into its upcoming earnings. UBS added that it expects iPhone sell-through for December to sit between 84.5 million to 85 million units to mark as much as a 13% annual growth. Goldman Sachs reiterated an Outperform rating and a $330 share price target. The bank commented that Apple Inc. (NASDAQ:AAPL) continues to benefit from strong consumer demand, particularly for the iPhone. As for Cramer, he continues to believe that the firm’s Services business is performing well. The CNBC TV host holds the opinion that it is better to own rather than trade Apple Inc. (NASDAQ:AAPL)’s shares. In this appearance, he linked the share price weakness with cost control:
“Now Apple’s been going down, because Apple’s perceived to be, somebody has to eat the margin.”
3. Sandisk Corporation (NASDAQ:SNDK)
Number of Hedge Fund Holdings: 61
Sandisk Corporation (NASDAQ:SNDK)’s shares are among the top performers in the market. They are up by an unbelievable 935% since they started to trade in February 2025. During this time period, Cramer’s views on the stock have varied. His views have ranged from being wary about recommending the stock due to its parabolic move to pointing out that the stock has performed well due to Sandisk Corporation (NASDAQ:SNDK)’s pricing power. Analysts have also been optimistic about the firm. For instance, Goldman Sachs raised the share price target to $320 from $280 and kept a Buy rating on the stock. It pointed out that Sandisk Corporation (NASDAQ:SNDK) was benefiting from pricing power and qualified hardware. In this appearance, Cramer asserted that the share price movement justified selling:
“I’m just warning people, that the place that you’re most vulnerable are the stocks that are up 50%. Do you sell Sandisk today? Look, if you’ve run Sandisk this way, don’t you just take some off and just like play with the house’s money? And the answer is yes, historically, and I’m not going to go against history.”
2. Paramount Skydance Corporation (NASDAQ:PSKY)
Number of Hedge Fund Holdings: 37
Paramount Skydance Corporation (NASDAQ:PSKY) is another stock that Jim Cramer frequently discusses due to the firm’s takeover bid for Warner Bros. Discovery. The attempt has generated a lot of news, and as Warner Bros. is yet to accept the offer, the CNBC TV host has repeatedly asserted that Paramount Skydance Corporation (NASDAQ:PSKY) needs to increase its offer price. More recently, the firm decided to sue its target firm and demand more clarity about the offer that Warner has received from Netflix. The latest bit in the acquisition effort saw Paramount Skydance Corporation (NASDAQ:PSKY) on Thursday file preliminary proxy materials with the SEC to urge Warner shareholders to reject Netflix’s deal. In this appearance, Cramer wondered what role Paramount Skydance Corporation (NASDAQ:PSKY)’s considerable resources would play in the affair:
“Alright, David Zaslov, CEO of Warner Brothers Discovery has often talked about scarcity value. Which leads me to believe David that Paramount has a war chest, they want scale. So I’m going to come to you eventually, and say, okay, well do they do? Do they just say, hey that was just too bad, now we’re going to focus on, you know. . .”
1. Walmart Inc. (NASDAQ:WMT)
Number of Hedge Fund Holdings: 104
Walmart Inc. (NASDAQ:WMT) is one of the largest retailers in the world. Its shares are up by 25% over the past year and by 4.5% year-to-date. Bernstein increased the share price target to $129 from $122 in January and kept an Outperform rating on the shares. The financial firm commented that Walmart Inc. (NASDAQ:WMT) could benefit from the strength in medium to high-income consumers. Wells Fargo also reiterated an Outperform rating and kept the share price target at $130. The bank remarked that the retailer benefited from deep leadership and was unlikely to see significant turmoil from the departure of its CEO. As for Cramer, the CNBC TV host has recently started to praise Walmart Inc. (NASDAQ:WMT)’s ability to effectively compete with Amazon. In this appearance, he shared his opinion about why the stock is performing well:
“Again, like the domestics, like Walmart being up, that’s a sign that people want to bring their money back, to, obviously domestic stocks. . .”
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