On Friday’s episode of Mad Money, host Jim Cramer commented on the sports betting industry, as he discussed how new competition from prediction markets is impacting the industry.
“I want you to keep in mind that September is a pivotal month for the sportsbooks because it marks the start of the football season. It’s make or break for these companies…. People love to bet the favorites… And by the way, that is bad news for sportsbooks. When more favorites win, the sportsbooks experience higher losses.”
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Cramer also talked about the rise of online prediction markets. He named Polymarket and Kalshi as two platforms reshaping how people place bets, and noted that these services allow users to wager on a wide variety of outcomes, not just sports. He explained that, unlike conventional sportsbooks, these platforms facilitate peer-to-peer betting.
“They give people a marketplace to bet against each other rather than taking the opposite side themselves… Long term, they could allow the prediction markets to offer better odds than the online sportsbooks.”
Cramer also pointed out the regulatory differences that set platforms like Kalshi apart. He explained that Kalshi is treated as a designated contract market by the Commodity Futures Trading Commission (CFTC), meaning it is treated more like a stock exchange than a sportsbook. He said that because these platforms do not operate as the counterparty in the bets, they avoid being classified as gambling operations. He noted that this distinction allows them to bypass the complicated web of state-level licensing requirements.
Our Methodology
For this article, we compiled a list of 16 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on October 3. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the second quarter of 2025, which was taken from Insider Monkey’s database of over 900 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).
16 Stocks Jim Cramer Recently Talked About
16. Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holders: 156
Apple Inc. (NASDAQ:AAPL) is one of the stocks Jim Cramer recently talked about. During the episode, Cramer emphasized owning and not trading the stock, as he commented:
“How much better would an individual have done if she just decided that Apple was a terrific company? So she owned the stock and didn’t flit in and out of it because flitting is too difficult. Sure, Edison Lee can do it, but then again, he’s never had a Buy rating on the stock during this whole period. So if you listen to him, maybe you never even owned Apple in the first place. I think that if you agree with me about owning it, not trading it, you will enjoy, by the way, How to Make Money in Any Market because I spent a tremendous amount of time really criticizing trading as a tactic… It’s much better to find the stocks of companies you love, and if they go down, you buy more of them, which would’ve been the best strategy after all for owning Apple. In my book, I praise sticking with… individual stocks like Apple because they can deliver big wins, life-changing wins, but only if you let the gains compound year after year. You shouldn’t touch the stock unless something goes severely wrong. That’s the way to go. If you still have the itch to trade… be my guest. Just know that it’s usually a loser’s game unless you’re doing it as a full-time job or you can hire lots of traders to do it for you.”
Apple Inc. (NASDAQ:AAPL) designs, manufactures, and sells smartphones, computers, tablets, and wearables under its iPhone, Mac, iPad, and Apple Watch brands, along with accessories and digital services.
15. Dillard’s, Inc. (NYSE:DDS)
Number of Hedge Fund Holders: 22
Dillard’s, Inc. (NYSE:DDS) is one of the stocks Jim Cramer recently talked about. A caller asked for Cramer’s take on the stock during the lightning round, and he commented:
“Well, first of all, I think that Dillard’s, having shopped there, but not that recently, I say, wow, up 42%. That’s a lot. Let’s do this. Let’s take some of it off the table and let the rest run, okay? Because the numbers aren’t that great and the multiple’s really high. I like Costco much better. Sell some of that, buy Costco.”
Dillard’s, Inc. (NYSE:DDS) operates department stores and an online platform that provides apparel, accessories, cosmetics, home furnishings, and related goods. During the April 29 episode, Cramer said that the stock is not a place to be. He stated:
“Now, I mean, and we’re in a world now where you really are going to make money in Amazon, in TJX, okay, you’ll make money in Walmart, and you’re going to be struggling to make money in any other retailer other than Costco. I don’t think Dillard’s is a place to be.”
Since the above comment was aired, the company’s stock is up almost 80%.
14. LCI Industries (NYSE:LCII)
Number of Hedge Fund Holders: 27
LCI Industries (NYSE:LCII) is one of the stocks Jim Cramer recently talked about. A caller inquired whether the stock could be a smart buy, considering its low valuation and possible upside from easing interest rates and increased demand due to wealth creation. In response, Cramer said:
“It has not done as well as THOR and yet it’s in a similar business. I like your thinking. I think it would be beneficiary of lower interest rates. I think that you can buy that stock. If THOR’s up this strongly, I think that they can catch up.”
LCI Industries (NYSE:LCII) manufactures and supplies engineered components for recreational vehicles and related industries, including chassis, axles, doors, windows, furniture, and appliances. The company serves OEMs and aftermarket channels. Over the last 12 months, LCI Industries’ (NYSE:LCII) stock has declined by over 22%.
13. Chevron Corporation (NYSE:CVX)
Number of Hedge Fund Holders: 76
Chevron Corporation (NYSE:CVX) is one of the stocks Jim Cramer recently talked about. A caller asked if the stock remains a strong long-term hold and if Cramer still has confidence in CEO Mike Wirth. He replied:
“I spoke to Mike today about the fire. I’m not really worried about that at all. I think you can own this, 4.5% yield. Now, I’m not a big fan of oil. I think it could go below $60. So be ready if it does do that. Remember, this stock had been at one point just not that long ago down to $135. And so it’s at $153. I think you buy some and then you wait to see if it breaks down because of that $60 possible breakdown.”
Chevron Corporation (NYSE:CVX) focuses on integrated energy and chemical operations, including the exploration, production, and transportation of oil and natural gas. In addition, the company manages refining, marketing, and manufacturing petroleum, renewable fuels, and petrochemicals, along with involvement in carbon capture and advanced energy technologies.
12. uniQure N.V. (NASDAQ:QURE)
Number of Hedge Fund Holders: 36
uniQure N.V. (NASDAQ:QURE) is one of the stocks Jim Cramer recently talked about. A caller asked whether to buy, hold, or take profits in the stock after the release of clinical data, which indicated its gene therapy candidate significantly slowed the progression of Huntington’s disease. Cramer said:
“Yeah, I saw that news and it was really terrific. But I also saw that an insider sold about $9 million worth of stock after the run. I think that’s a, it’s a parabola, and after a parabolic move, I will not endorse it. Even if I think it’s good, I have to stay away. This one has too many questions for me up here.”
uniQure N.V. (NASDAQ:QURE) develops gene therapies for rare and severe diseases, including approved treatment HEMGENIX for hemophilia B and clinical candidates targeting Huntington’s disease, epilepsy, ALS, and Fabry disease. On September 24, the company announced positive Phase I/II results for AMT-130 in Huntington’s disease. It showed a 75% slowing of disease progression on the composite Unified Huntington’s Disease Rating Scale and 60% on Total Functional Capacity after 36 months compared to a matched control group.
11. Albertsons Companies, Inc. (NYSE:ACI)
Number of Hedge Fund Holders: 49
Albertsons Companies, Inc. (NYSE:ACI) is one of the stocks Jim Cramer recently talked about. A caller asked whether to hold the stock after the failed merger and Amazon’s launch of its grocery business. Cramer commented:
“I don’t like Albertsons here because of exactly what you just said. I think that’s the worry. I do like Kroger. But you know what’s come down just so badly, and we’ve been buying is Costco. I mean, it’s almost as if Costco’s not a good company, and it’s a very good company. That’s the one I prefer you to be in.”
Albertsons Companies, Inc. (NYSE:ACI) operates food and drug retail stores that provide groceries, pharmacy services, fuel, and general merchandise. Additionally, the company produces food products for its stores and runs distribution, manufacturing, and digital operations. During the May 23 episode, Cramer called it a survivor, as he remarked:
“Once they got away from that merger, I think that people realized the value of the company. It’s still a low multiple stock. I happen to like Kroger more, but I’ve gotta tell you, this is a survivor, and I think that Albertsons’ going to keep going higher.”
10. Ambiq Micro, Inc. (NYSE:AMBQ)
Number of Hedge Fund Holders: N/A
Ambiq Micro, Inc. (NYSE:AMBQ) is one of the stocks Jim Cramer recently talked about. During the lightning round, a caller asked about the stock, and Cramer replied:
“Oh, Ambiq Micro, look, we got to be careful of that. There are so many good semiconductor companies out there. I’d rather see you in Broadcom, AVGO. I think that’s a, not as, obviously it’s not as speculative as Ambiq, but I like it because it’s really got a lot of new business.”
Ambiq Micro, Inc. (NYSE:AMBQ) designs ultra-low-power integrated circuits for wearables, IoT devices, and other power-sensitive applications. On September 23, the company rolled out a new version of its neuralSPOT SDK and Toolkit designed for the Apollo510 and Apollo510B systems-on-chips. The update brings better tools for working with AI and makes it easier for developers to build and test models. It includes examples for things like tracking human activity, monitoring ECG data, spotting keywords, improving speech quality, and recognizing individual speakers.
9. Ramaco Resources, Inc. (NASDAQ:METC)
Number of Hedge Fund Holders: 14
Ramaco Resources, Inc. (NASDAQ:METC) is one of the stocks Jim Cramer recently talked about. Cramer said that he is not going to recommend the stock because he thinks “we missed the move.” He commented:
“The question now is whether or not it’s worth chasing this thing after such a spectacular rally. I gotta say, I wish I had found it earlier, of course. At this point, though, I don’t feel comfortable recommending the stock after such an extreme parabolic move. You know, I don’t like parabolas. It would be one thing if Ramaco had a decent core business that could provide steady profits and cash flow while the growth projects in rare earths gradually ramped up. But if you look at the numbers over the last couple of years, the core coal business is really bad…
The last thing that gives me pause here is the company’s dual class share structure, which is confusing as is its inconsistent dividend strategy… But there’s one big caveat here that makes me hesitate to go negative on Ramaco Resources even after this run. This company feels like the kind of company that the Trump administration might be willing to take a stake in… Every time one of… those US government stakes has been announced, stock in question skyrockets. And given that the government proactively asked Ramaco to expand its rare earth project from Wyoming, I’d say it’s certainly a possibility here that would happen. Woo. It’ll go up even more, major pop. So here’s the bottom line: I’m not going to recommend Ramaco right now because I feel like we missed the move. The core business still appears troubled. The growth business is far in the future, and the corporate structure’s confusing.”
Ramaco Resources, Inc. (NASDAQ:METC) produces and sells metallurgical coal used by steel mills and coke plants.
8. Wingstop Inc. (NASDAQ:WING)
Number of Hedge Fund Holders: 47
Wingstop Inc. (NASDAQ:WING) is one of the stocks Jim Cramer recently talked about. A caller inquired about the stock, noting the recent dip. Cramer replied:
“Okay, I think this is a really important call because I was surprised that it started going down… I fear Wingstop because they’ve not been, let’s say, that they don’t really offer the kind of guidance that I want. And let’s put it this way, I think it’s too high risk, and the restaurant stocks are not doing well. We own Texas Roadhouse for the Charitable Trust. As you know, it’s not doing that well because of the prices of food. Too many of these commodities have gone up too much. So I’m holding back everything until I see their earnings themselves.”
Wingstop Inc. (NASDAQ:WING) operates and franchises restaurants specializing in cooked-to-order chicken wings, tenders, and sandwiches. When a caller inquired about the stock during the June 9 episode, Cramer responded:
“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…”
7. Reddit, Inc. (NYSE:RDDT)
Number of Hedge Fund Holders: 74
Reddit, Inc. (NYSE:RDDT) is one of the stocks Jim Cramer recently talked about. A caller noted the declining daily average users and reduced engagement with ChatGPT, and asked if the recent rebound in Reddit’s stock, after a 30% drop, is a sign to exit the position. In response, Cramer said:
“Okay, I saw this stuff on Reddit. I’ve been trying to get, I mean, you know, a lot of… these chatbots rely on Reddit. You often see them as like the first or second indicator. I think that was kind of excessive. The stock has had a remarkable run. I think that the pullback, though, is viable. I think Reddit is a valuable institution. I think the numbers are good. I would put on some here and then I would wait to see if it drops again because, actually, quite frankly, people look at the chart and the chart is not so great.”
Reddit, Inc. (NYSE:RDDT) operates an online platform that hosts interest-based communities where users share content, exchange ideas, and participate in discussions through posts, images, videos, and links.
6. MGM Resorts International (NYSE:MGM)
Number of Hedge Fund Holders: 58
MGM Resorts International (NYSE:MGM) is one of the stocks Jim Cramer recently talked about. A caller asked if Cramer thinks MGM stock is a buy, sell, or hold, and he remarked:
“I’m actually not much of a fan, and that’s because, and particularly as of today, you’re getting a real chance to buy WYNN at a discount from where it was. The stock is down nine today, and I think WYNN is a very high-quality company, and it’s going to come back. I mean, they’re down because of what’s known as Golden Week data, which was weak. Probably get some downgrades tomorrow, buy, and I would take a shot at, not take, I would invest in WYNN tomorrow.”
MGM Resorts International (NYSE:MGM) operates casino resorts and provides gaming, hotels, dining, entertainment, and retail experiences. Moreover, the company provides online sports betting and iGaming.
5. DraftKings Inc. (NASDAQ:DKNG)
Number of Hedge Fund Holders: 66
DraftKings Inc. (NASDAQ:DKNG) is one of the stocks Jim Cramer recently talked about. Cramer blessed adding a small position to the stock and recommended waiting for the report to decide on anything further. He said:
“I don’t want to speculate on the outcome here, but you should be aware of the flimsy legality of the prediction market situation before you panic and sell DraftKings down here. After all, there’s a reason why the online sportsbooks haven’t gotten into prediction markets. They’re probably worried that when the regulators finally come down on these platforms, they’ll come down hard. If anything, it might spur some states that are holding out to potentially legalize traditional sportsbooks so they can at least get the tax revenue. If their constituents are already gambling, I mean, really, what’s the harm?
So, where do I come down on all this? Despite today’s rally, DraftKings is still down almost 5% for the year and… it’s down a whopping 28% from last month’s high. I’ve spoke with CEO Jason Robins on multiple occasions and like the direction the company’s headed longer term, which means this could be a buying opportunity. So here’s the bottom line: I’m not backing away from this stock. I think the predictions market fears are overblown here. So if you don’t already own any DraftKings, I’m telling you, you got my blessing right here to put on a small position. Beyond that, let’s suspend judgment until they report at the end of the month.”
DraftKings Inc. (NASDAQ:DKNG) provides online sports betting, fantasy sports, iGaming, and retail sportsbook services.
4. SoFi Technologies, Inc. (NASDAQ:SOFI)
Number of Hedge Fund Holders: 47
SoFi Technologies, Inc. (NASDAQ:SOFI) is one of the stocks Jim Cramer recently talked about. Cramer said that he feels “pretty darn vindicated” for being bullish on the stock for a long time, as he remarked:
“As a long-time SOFI bull, I feel pretty darn vindicated these days, and I’ve gotta tell you, I think this one’s not finished going higher. The first thing you need to understand is that this rally was driven by genuinely great numbers… This company has developed a reputation for outperforming the estimates, and lately that outperformance has been particularly strong. SoFi’s actually been doing this for a while.
Now, I went back and checked, and SoFi’s beaten both sales and EBITDA estimates every darn time since it came public in 2021. Can you imagine that? Over the past seven quarters, in particular, SoFi has also reported much better than expected earnings per share. In fact, when the company reported its latest numbers in late July, the quarter, look, I’m calling it fantastic…
Let me give you the bottom line: I’ve been recommending SOFI for years because I realize that they had a unique hold on younger people, and over the past 12 months or so, that’s really starting to pay off. The stock’s caught fire, and thanks to its recent sell-off over the past couple weeks, you’re now getting a chance to buy it at a relative discount for the first time in ages. While I’m not expecting SOFI to triple again over the next six months, it wouldn’t shock me if it can put up a similar performance over the next three to five years.”
SoFi Technologies, Inc. (NASDAQ:SOFI) provides digital financial services, including lending, investing, and banking products that help members manage their money.
3. American Eagle Outfitters, Inc. (NYSE:AEO)
Number of Hedge Fund Holders: 41
American Eagle Outfitters, Inc. (NYSE:AEO) is one of the stocks Jim Cramer recently talked about. A caller asked if they buy, sell, or hold AEO, and Cramer stated:
“My instinct is to ring the register. Why? Because we had the event, the event occurred, and now we’re getting away from the event. And there are a lot of people who say, wait a second, the company isn’t doing well away from that. I’d like to see [you] get a bit of a win here. Take some off the table.”
American Eagle Outfitters, Inc. (NYSE:AEO) designs and sells apparel, accessories, and personal care products under its American Eagle, Aerie, OFFLINE, Todd Snyder, and Unsubscribed brands. During the September 4 episode of Squawk on the Street, Cramer mentioned the company and said:
“When you have a very controversial ad, in terms of what was really meant by jeans versus genes, it didn’t matter and people were going to the stores. The, American Eagle has disappointed for so long, that I was thinking that you ought to call American cavalry… [On whether the stock has exited the meme category] I think that you get people into the stores, maybe they like the stores, for a while but it’s episodic. We don’t want episodic. We want, we want something that has staying power. I mean not that they’re ever going to be TJX or anything.”
2. Hims & Hers Health, Inc. (NYSE:HIMS)
Number of Hedge Fund Holders: 34
Hims & Hers Health, Inc. (NYSE:HIMS) is one of the stocks Jim Cramer recently talked about. A caller asked whether the stock is overvalued and if they should sell their position or consider buying more during the pullback. In response, Cramer said:
“It’s what I call football stock. I mean, there’s just every day there’s a short crushing it or a long bull in it. I think it’s a very hard stock to own. So, therefore, I say find an easier one. This one is too tough.”
Hims & Hers Health, Inc. (NYSE:HIMS) runs a telehealth platform and provides prescription and non-prescription health and wellness products through its websites and mobile app. Cramer discussed the stock in the episode aired on June 25, as he commented:
“No matter how much you love these speculative winners, you don’t have a gain until you actually ring the register. At the end of last week, for example, Hims & Hers Health, the online healthcare company, was trading at $64. But then yesterday, the stock fell 22 bucks for an almost 35% decline… What I care about is that this stock… [has] almost tripled in two months. If you owned Hims & Hers up almost 200% and you hadn’t sold any at that point, you were being a knucklehead.
Why? Because this is one of the most heavily shorted stocks in the market. 35% of the shares sold short. A lot of people have been betting against it. The haters are plentiful. In that situation, the stock can erupt on any good news. And there was a lot of good news when HIMS was making money with the Wegovy deal.
But a lot of those gains came on the backs of the short sellers who were forced to cover or buy back the shares they sold short because they couldn’t take the pain. That’s why when a stock goes up that fast and there’s a big short position, you gotta generate some discipline here.”
1. Fiserv, Inc. (NYSE:FI)
Number of Hedge Fund Holders: 94
Fiserv, Inc. (NYSE:FI) is one of the stocks Jim Cramer recently talked about. During the episode, a caller asked what Cramer thinks of the stock, and he replied:
“I gotta tell you, that was not a good last quarter, and it was shocking. I think you gotta wait another quarter to see if they can get it together. That was just not that good a quarter. Nothing I could say about it other than that.”
Fiserv, Inc. (NYSE:FI) provides technology solutions for payments and financial services, including merchant acquiring, digital banking, fraud prevention, and payment processing. Vltava Fund stated the following regarding Fiserv, Inc. (NYSE:FI) in its third quarter 2025 investor letter:
“Fiserv, Inc. (NYSE:FI) is an American company. It is one of the world’s largest providers of financial technology infrastructure and is a constituent of the S&P 500 index. The company operates in more than 100 countries, and its services are used by banks, credit unions, fintech companies, merchants, and government institutions. The main pillar of its business is the processing of payment transactions and card operations, complemented by a wide range of services for merchants, including payment acceptance, point-of-sale terminals, and e-commerce integrations. Significant growth came with the acquisition of First Data in 2019, which strengthened the merchant acceptance segment and gave rise to the Clover platform, now one of the fastest-growing POS platforms for small and medium-sized businesses. In addition, Fiserv provides banks with comprehensive technology solutions for digital transformation, from core banking systems and online banking to tools for risk management and compliance. Another area is specialized payment services, such as ACH (automated clearing house) payments, real-time transfers, and card issuing services.
Fiserv’s business model is attractive because of how it combines scale, diversification, and high barriers to customer turnover. The company serves thousands of financial institutions and millions of merchants with long-term contracts. This makes switching to another provider difficult and ensures a stable revenue base. Annual revenues exceed USD 20 billion, and the fastest-growing segment is merchant acceptance, where the fee model benefits from the ever-increasing volume of digital payments. Thanks to the strong scalability of its infrastructure and robust free cash flow generation, Fiserv has sufficient resources for both acquisitions and share buybacks…” (Click here to read the full text)
While we acknowledge the potential of Fiserv, Inc. (NYSE:FI) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than FI and that has 100x upside potential, check out our report about this cheapest AI stock.
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