On Monday’s episode of Mad Money, Jim Cramer highlighted the many forms that market rotations can take and discussed how to recognize them.
“Secular rotations come in all shapes and sizes. You can see a rotation out of industrials into staples and utilities.”
READ ALSO: Jim Cramer Recently Looked at These 18 Stocks and 15 Stocks on Jim Cramer’s Radar.
At other times, Cramer pointed out, investors might rotate within the same broad category, exiting high-priced consumer discretionary names in favor of cheaper ones or basic necessities. He went further as he explained that sometimes the shift is from high-quality, top-performing stocks into those that are considered less attractive, simply because the excellent stocks have become too expensive in comparison. Cramer said that one can call it a move from growth to value, though he added that there is not necessarily a lot of genuine value available at this stage. He went on to say:
“But if the current crop keeps going higher and higher still, and we keep having so much fluff in the rest of the market, the nukes, the quantums, the cryptos, the flying cars, then we are indeed headed to the danger zone. Not yet, but soon.”
Our Methodology
For this article, we compiled a list of 14 stocks that were discussed by Jim Cramer during the episodes of Mad Money aired on June 9. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the first quarter of 2025, which was taken from Insider Monkey’s database of 1,000 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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
14 Stocks on Jim Cramer’s Radar
14. The TJX Companies, Inc. (NYSE:TJX)
Number of Hedge Fund Holders: 77
The TJX Companies, Inc. (NYSE:TJX) is one of the 14 stocks on Jim Cramer’s radar. During the episode, Cramer made the following comments about The TJX Companies, Inc. (NYSE:TJX):
“And look, this is not isolated to tech. In retail, we had terrific names that reported great quarters, Costco and TJX, but then they failed to go up. Wow. They went down… It’s all rotation from companies that are excellent to ones with stocks that got too cheap. We’ll be safe if the market returns to Costco and TJX.”
The TJX Companies, Inc. (NYSE:TJX) is a retailer specializing in off-price apparel and home fashions. The company provides a wide range of products, including clothing, footwear, accessories, furniture, home décor, and gourmet items. On May 23, Cramer called it the “most undervalued” stock in the Charitable Trust’s portfolio, as he remarked:
“TJX might be the most undervalued stock in our entire portfolio. Why? Because it had the huge sell-off. We now wait a couple days. It’s probably going to rally.”
13. Costco Wholesale Corporation (NASDAQ:COST)
Number of Hedge Fund Holders: 93
Costco Wholesale Corporation (NASDAQ:COST) is one of the 14 stocks on Jim Cramer’s radar. While discussing Costco Wholesale Corporation (NASDAQ:COST), Cramer said:
“And look, this is not isolated to tech. In retail, we had terrific names that reported great quarters, Costco and TJX, but then they failed to go up. Wow. They went down… It’s all rotation from companies that are excellent to ones with stocks that got too cheap. We’ll be safe if the market returns to Costco and TJX.”
Costco Wholesale Corporation (NASDAQ:COST) operates membership-based warehouses and provides a broad assortment of branded and private-label products, including groceries, electronics, appliances, apparel, and home goods. Additionally, the company offers in-store and online services such as pharmacies, food courts, and travel. During an episode of Squawk on the Street aired in April, Cramer commented:
“When I listened to that I said okay now I know why Kroger goes up every day. Now I know why Costco’s strong. There, Scott Boatwright had a very, this was the Chipotle call, it was a very straightforward call basically just saying, they didn’t mention the actual price of different things, but people would rather just have a couple of meals at home. Where it’s just cheaper.”
12. Advanced Micro Devices, Inc. (NASDAQ:AMD)
Number of Hedge Fund Holders: 97
Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the 14 stocks on Jim Cramer’s radar. While discussing Advanced Micro Devices, Inc. (NASDAQ:AMD), Cramer said that he has “always liked” the stock, as he remarked:
“So traders say if I can’t make money after Broadcom reporting a great quarter, the playbook says time to move into the lower quality, cheaper stocks that are less likely to disappoint or should never have been down to begin with. I understand the sentiment, but the problem is that these stocks have already rallied pretty hard, too…I saw some upgrades for AMD…. They’ve moved, especially AMD by the way, on speculation it might be involved with any China deal. Rare earth materials for us, AMD chips for them.
Now, this kind of rotation could be a good one. The stocks that are rallying are excellent. They may be just playing catch-up. It’s a heavily broadening out of the winners, right? Remember when it was just the Mag Seven? We’ve come a long distance, but what comes after this could be treacherous. I’ve seen the end of rallies, and they often take up the laggards last. After it happens, if we have good news, everything’s fine. However, if there’s any degradation in the numbers, it could get very ugly. Right now we’re fine… I’ve always liked AMD, as you know.”
Advanced Micro Devices (NASDAQ:AMD) designs and sells a wide range of semiconductor products, including processors, GPUs, AI accelerators, and adaptive computing solutions. The company offers its services to sectors like data centers, gaming, embedded systems, and consumer computing through various branded offerings.
11. Dell Technologies Inc. (NYSE:DELL)
Number of Hedge Fund Holders: 63
Dell Technologies Inc. (NYSE:DELL) is one of the 14 stocks on Jim Cramer’s radar. During the episode, Cramer said that Dell Technologies Inc. (NYSE:DELL) is “incredibly cheap” compared to its previous quarter. He commented:
“So traders say if I can’t make money after Broadcom reporting a great quarter, the playbook says time to move into the lower quality, cheaper stocks that are less likely to disappoint or should never have been down to begin with. I understand the sentiment, but the problem is that these stocks have already rallied pretty hard, too. Take Dell. It reported an excellent quarter on May 29th… Stock initially failed to rally, but that’s because it had run up into the quarter…
Now, this kind of rotation could be a good one. The stocks that are rallying are excellent. They may be just playing catch-up. It’s a heavily broadening out of the winners, right? Remember when it was just the Mag Seven? We’ve come a long distance, but what comes after this could be treacherous. I’ve seen the end of rallies, and they often take up the laggards last. After it happens, if we have good news, everything’s fine. However, if there’s any degradation in the numbers, it could get very ugly. Right now we’re fine. I think Dell’s incredibly cheap versus last quarter. The stock can go up 10 points before I would even think about worrying about it.”
Dell (NYSE:DELL) provides integrated technology solutions, including storage systems, servers, networking products, and end-user devices such as laptops and peripherals. The company also offers software, consulting, financing, and support services tailored for businesses, institutions, and individual consumers across diverse sectors.
10. United Parcel Service, Inc. (NYSE:UPS)
Number of Hedge Fund Holders: 57
United Parcel Service, Inc. (NYSE:UPS) is one of the 14 stocks on Jim Cramer’s radar. A caller asked if Cramer believes that United Parcel Service, Inc. (NYSE:UPS) is positioned for growth, and Cramer stated:
“It’s got a 6.6% yield. I’ve been reluctant to recommend it because I thought the business was not good; business for FedEx isn’t that good. It’s down 20% for the year. I have to tell you, I don’t know if it goes up from here, I don’t, but I know that it seems like that they are getting their act together. But it’s a very tough stock to own, and if your husband hadn’t worked there… and had a lot of stock, I would say don’t own the stock.”
United Parcel Service, Inc. (NYSE:UPS) provides a wide range of package delivery and logistics solutions, including air and ground shipping, international freight forwarding, and e-commerce logistics. The company’s services also cover customs brokerage, distribution, post-sales support, and specialized logistics for sectors like healthcare.
9. Philip Morris International Inc. (NYSE:PM)
Number of Hedge Fund Holders: 104
Philip Morris International Inc. (NYSE:PM) is one of the 14 stocks on Jim Cramer’s radar. Asking about Philip Morris International Inc. (NYSE:PM), a caller mentioned that they think the stock will go higher. Cramer replied:
“It’s a very, very good company, a very good stock. They’re trying very hard to get away from cancer sticks, so to speak. We know they’re doing that. I’ve met with the company. I was at a presentation that they made. I think that I’m not going to recommend the stock for precisely what you said, but I will tell you it is a very, very good company, and it’s a stock that has done very well and probably will continue. I just can’t get behind it because of what they do.”
Philip Morris (NYSE:PM) is a tobacco company that sells cigarettes and a range of smoke-free alternatives, including heat-not-burn, vapor, and oral nicotine products, along with related accessories. The company also develops wellness and healthcare offerings as part of its broader product portfolio.
8. Wingstop Inc. (NASDAQ:WING)
Number of Hedge Fund Holders: 39
Wingstop Inc. (NASDAQ:WING) is one of the 14 stocks on Jim Cramer’s radar. During the lightning round, a caller inquired about Wingstop Inc. (NASDAQ:WING). In response, Cramer said:
“That’s a tough one for me. I’ll tell you why it’s a tough one, because they didn’t provide the guidance that I wanted. You know how much I want transparency. They didn’t give me the transparency. I see the stock going back, but I’m not, you know, all those nice things you said, I gotta tell the truth… I don’t see what they have that I’d like to see. I didn’t, I don’t see the visibility…”
Wingstop Inc. (NASDAQ:WING) owns and franchises restaurants specializing in cooked-to-order chicken offerings, including classic and boneless wings, tenders, and sandwiches. During an episode of Squawk on the Street in February, Cramer made the following comments about the stock:
“I made some critical comments about Wingstop’s quarter last time. I felt that they didn’t give you enough information on what was wrong. They berated me, they chastised me, and uh, well look let the numbers speak for themselves, the stock’s down thirty-five today. And I had nothing to do with it…
…I think Wingstop is, struggling right now. Now, they would come back and say Jim we’re doing better than everybody else. And that may be true. But, they’re not the Wendy’s camp. Wendy’s is, other than my wife, Wendy’s really doesn’t have any regular customers. They, . . .Wendy’s is hurting. But I do think that Wingstop, until they give us an explanation about why there’s a slowdown, even though they make a lot of money per store, I remain a skeptic.”
7. Marvell Technology, Inc. (NASDAQ:MRVL)
Number of Hedge Fund Holders: 73
Marvell Technology, Inc. (NASDAQ:MRVL) is one of the 14 stocks on Jim Cramer’s radar. A caller asked for Cramer’s thoughts on Marvell Technology, Inc. (NASDAQ:MRVL), and he replied:
“Okay, it’s starting to react correctly. When they reported that great quarter, people didn’t think it was that good. That’s nonsense. Matt Murphy did a terrific job. I like the fact that the stock bounced at 60, and then started heading back, at one point, traded at 71 today. I think you’re in great shape with Marvell Technology. I really like it.”
Marvell (NASDAQ:MRVL) designs semiconductor solutions for data infrastructure and provides advanced system-on-a-chip architectures that integrate analog, mixed-signal, and digital signal processing. The company’s product range includes Ethernet components, custom processors, interconnect and storage solutions, and high-performance networking technologies for data centers and network edge applications. In May, Cramer appreciated the company’s CEO as he said:
“I think Marvell is right to be bought here. I think Matt Murphy did a fantastic job. There was one little glitch involving one customer and it wasn’t, it wasn’t life or death. This level at $60 is a [buy, buy, buy].”
6. Circle Internet Group (NYSE:CRCL)
Number of Hedge Fund Holders: N/A
Circle Internet Group (NYSE:CRCL) is one of the 14 stocks on Jim Cramer’s radar. During the episode, Cramer discussed Circle Internet Group (NYSE:CRCL), which recently launched its IPO. He remarked:
“Last week, we saw one of the flashiest deals of the year when Circle Internet Group came public… Speaking of the financials, Circle’s numbers, they’re pretty impressive. In the first quarter of the year, they posted 59% revenue growth, 75% net income growth. So, at the end of the day, where do I come down on Circle? Look, this is actually a pretty darn good business. USDC’s popular.
The financials look pretty good for an IPO name, but the stock, okay, look, very hard to recommend after watching the company’s valuation jump from $5.5 billion at the beginning of the IPO process to over $25 billion in just a matter of weeks. I mean, if we divide Circle’s 2024 net income by the number of shares outstanding after this offering, then last year, it earned about 70 cents per share at its current price. That means Circle’s selling for roughly 165 times last year’s earnings…
… Okay, long story short, I like Circle. I’m having trouble getting to this price. I’m not willing to pay through the nose for it. It doesn’t help that more than half of the shares sold in Circle’s IPO came from early investors and… company insiders, including the CEO, rather than the company itself. In part, that’s because the company didn’t really need to raise money, which is good, but if the insiders would ring the register at 31, do you really want to be a buyer at 115? Or maybe the insiders were dead wrong? I don’t know.
Plus, Circle’s joined at the hip with the crypto ecosystem, and crypto… it’s inherently volatile. I think you’ll get a better opportunity simply by being patient. Honestly, the IPO market’s starting to get a little crazy here… Here’s the bottom line: Circle Internet Group’s a solid company, but the stock right now has gotten too hot for me. I can’t recommend it up here. Why don’t you let it cool off before you even think about pulling the trigger?”
Circle (NYSE:CRCL) provides infrastructure for stablecoin and blockchain-based financial applications. The company provides a platform that supports tokenized funds, liquidity, payments, and developer tools.
5. Broadcom Inc. (NASDAQ:AVGO)
Number of Hedge Fund Holders: 158
Broadcom Inc. (NASDAQ:AVGO) is one of the 14 stocks on Jim Cramer’s radar. Commenting on Broadcom Inc.’s (NASDAQ:AVGO) recently reported quarter, Cramer said:
“There’s nothing more frustrating than watching one of your favorite companies report a strong quarter only to see the market find some reason to send the stock lower, but in retrospect, these can be great buying opportunities. Just look at what happened to Broadcom last week… long-time Cramer fave, big holding in my Charitable Trust. But the stock sold off hard after the company reported on Thursday night…
Putting it all together, though, I think the main problem is that Broadcom stock had run up so dramatically from the April lows. Think about this trajectory. The stock bottomed at $138 in April. It was at nearly $260 before it reported last week. Under those circumstances, anything less than perfection was going to be punished. And while the quarter was very good, it certainly wasn’t perfect, which is why, despite the post-earnings sell-off, I still like the stock and think you may be getting a terrific buying opportunity here…. I think the bears are missing some even more important positives for the quarter, outside of just the headline numbers.
For starters, Broadcom’s AI revenues came in at $4.4 billion. That’s an increase of 46% from the previous year and up from the already impressive $4.1 billion just last quarter. While that was merely in line with expectations, it underscores that the company’s seeing the most enticing part of its business inflecting. I like this. This strength is coming from both parts of their AI business….. AI chip sales are expected to get to be $5.1 billion this quarter, and that’s up another $700 million sequentially, mind-boggling, $300 million more than the analysts were looking for.
That’s something. This would represent 60% growth for AI chips year-over-year. That’s amazing. This, you see, this is why it’s so hard for me to justify the pullback in Broadcom stock. They’re selling a stock that’s guided for AI semiconductor sales to come in $300 million higher than expected because they’re worried about the slow growth non-AI part of the business. That’s nuts…
… Broadcom paid out $2.8 billion in dividends last quarter, and on top of that… they spent $4.2 billion to repurchase 25.3 million of their own shares… Always good to see the company buying its stock right alongside. Here’s the bottom line: Contrary to the market’s reaction, there was plenty to like about Broadcom’s quarter, and the stock only sold off because some investors were expecting an insane blowout. Honestly, I’m more positive in Broadcom than I was before the report. And the fact that you can buy the stock at a discount here, I think it’s a steal.”
Broadcom (NASDAQ:AVGO) develops and supplies a wide range of semiconductor products, including custom chips for networking, broadband, wireless communication, and mobile devices, along with components for industrial, storage, and optical applications. The company focuses on both digital and analog technologies used in various electronics and connectivity solutions.
4. ConocoPhillips (NYSE:COP)
Number of Hedge Fund Holders: 70
ConocoPhillips (NYSE:COP) is one of the 14 stocks on Jim Cramer’s radar. A caller mentioned that they have been thinking of selling some shares of ConocoPhillips (NYSE:COP) and buying Eli Lilly. In response, Cramer said:
“I like your idea. I like your idea. I like your idea. I think Lily’s at a great level, and Conoco is not nearly as all the oils go to like 4 or 5% yield, this is only three and a half. I want you to sell the Conoco and buy the Lilly. I like that idea.”
ConocoPhillips (NYSE:COP) is an energy company engaged in the exploration, production, transportation, and marketing of crude oil, natural gas, LNG, bitumen, and natural gas liquids. On May 22, Cramer made the following comments on the stock:
“It’s actually the, I think, the best of the lot these days. I just don’t want to stick my head out and get it cut off at a time when I think that OPEC+ is going to do another big slug of oil… making oil go through the 60 level.”
3. Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holders: 159
Apple Inc. (NASDAQ:AAPL) is one of the 14 stocks on Jim Cramer’s radar. Cramer rebuffed the downgrades that Apple Inc. (NASDAQ:AAPL) has been receiving of late, as he commented:
“Hey, finally there’s a stock that people now love to downgrade… I’m talking about Apple. I expect to hear some downgrades tomorrow because of today’s supposedly ho-hum Worldwide Developers Conference… But what the critics seemed to be missing constantly is that the only question I heard was upgrade or not. Did you hear switch? I didn’t hear switch. As long as I didn’t hear switch, I’m going to hold the stock…
First, Apple’s in a dry spell. It doesn’t have anything new that the people want, but it has plenty of optionality… What it should do, it should just go acquire Perplexity. I know they don’t like acquisitions…. I wish they’d buy it… Perplexity is my favorite, and they definitely can afford it. Second, right now, Apple’s staring down two guns, one a ruling that declared Google a monopolist that may end its largesse toward Apple, like the $20 billion check it wrote to them in 2022 to be the default search engine. It’s also on the verge of losing a key case involving Epic, the gaming company, that would let them get around the 30% chunk that Apple takes from every transaction in the App Store. I think Apple could lose one. Probably won’t lose both…
Finally, let’s understand something. Apple is not a company that stands still… Can we stipulate that in the last year, it’s reasonable to believe that Tim Cook, the CEO, might have been a little distracted? Here’s a man… who’s been trying to do everything he’s supposed to do in order to meet the demands of the president of the United States. The president wanted investment in the U.S. What does he do? He announces that Apple’s going to spend $500 billion in the US over four years…
President then made it clear he didn’t want Apple to make as much product as it did in China. So unbelievably and in almost no time… Cook moved a huge amount of iPhone production to India. Then Trump says that India’s not the right place. The phones have to be made here. I mean, come on… But the bottom line: As long as nobody switches to Android, call me sanguine about Apple. Not more than that, not certainly less than that. Sanguine doesn’t mean buy, but it sure doesn’t mean sell…”
Apple (NASDAQ:AAPL) designs and sells consumer electronics like smartphones, computers, tablets, wearables, and accessories. The company provides subscription services such as Apple Music, Apple TV+, and Apple Arcade and operates platforms including the App Store and Apple Pay.
2. Tesla, Inc. (NASDAQ:TSLA)
Number of Hedge Fund Holders: 104
Tesla, Inc. (NASDAQ:TSLA) is one of the 14 stocks on Jim Cramer’s radar. While Cramer took into account that Tesla, Inc. (NASDAQ:TSLA) stock received two downgrades recently, he mentioned that he would still not go against the company.
“Now it’s a big reason why I don’t want to bet against Tesla even after a host of downgrades. You got two of them today. Look, I don’t like the spat with the President. Musk is entitled to his opinions, but it was a bad call for the shareholders, right? I don’t like that cars aren’t selling well, I see that too. I want him to focus on the car, focus on his robots, blow things away for heaven’s sake, but I don’t think he’s done.
There’s another act coming from Musk, and I want to benefit from it. The robotaxi launch[es] in Austin, that’s right, on Thursday, June 12th. Stock got two downgrades today, and you know what happened? How much did it go down? Was it down 10? Was it down 20? No, let’s just check it out for a little cinéma vérité. The stock was, oh, look at that, it was up $13 and 44 cents or 4.55% on two downgrades. Yeah, today in the wake of two downgrades, the stock is up $13 and 44 cents.”
Tesla (NASDAQ:TSLA) designs, builds, and sells electric vehicles and energy products. The company provides vehicle sales, financing plans, energy storage systems, solar power solutions, and related services to a wide range of customers.
1. McDonald’s Corporation (NYSE:MCD)
Number of Hedge Fund Holders: 75
McDonald’s Corporation (NYSE:MCD) is one of the 14 stocks on Jim Cramer’s radar. McDonald’s Corporation (NYSE:MCD) was mentioned during the episode, and here’s what Mad Money’s host had to say:
“It amazes me that analysts refuse to learn from their mistakes that some stocks should not be taken off the buy list. Today, Morgan Stanley downgraded the stock of McDonald’s, saying it’s arguably too expensive and that it will probably not be insulated from some structural pressures on fast food. Now, with the stock at 25 times earnings, consensus estimate’s too high. Morgan Stanley moved [it] to Equal Weight or Hold. [The] stock dropped $2 and 58 cents or 0.84% on that.
Now, it would not have made much of an impact on me if McDonald’s hadn’t also been downgraded by Loop Capital on Friday, again, concerned that it won’t beat the consensus numbers. Look, I understand the downgrades. Stock’s up 5%. It’s holding its own, but I think that in the long run, it has never paid to downgrade Mickey D’s. It’s the king. It offers good value and it’s incredibly well run…
The main thing Loop cites for what they think will be a shortfall is negative reaction to the new chicken strips launch… I say, wait a second, this is McDonald’s. Do you think this company is stupid? Do you think that CEO Chris Kempczinski doesn’t pay attention to these things? Do you think he ignores the franchises? Do you think he doesn’t know the product’s ugly? Do you think that he’ll bet everything on a product that people don’t like?
Listen, McDonald’s is an amazing company. It didn’t become amazing because it stuck with bad ideas… The strength of McDonald’s is that they don’t fight battles they can’t win. When something doesn’t work, they just dump it and they move on. Which is why I say you downgrade a stock like McDonald’s at your own peril.”
McDonald’s (NYSE:MCD) runs and franchises restaurants under its brand. The company serves a range of food and beverages like burgers, chicken sandwiches, fries, desserts, and breakfast items. It uses different franchise models, including conventional agreements, developmental licenses, and affiliate partnerships.
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