On Thursday’s episode of Mad Money, host Jim Cramer, discussing the economy, described it as divided into two distinct tracks: one propelled by the rapid growth of artificial intelligence, and the other, rooted in consumer activity, showing clear signs of weakness.
“We have two economies. There’s the tremendous economy with amazing growth, the one that’s connected to artificial intelligence. And then there’s the anemic economy connected to the consumer, which seems to deteriorate by the day.”
READ ALSO: Jim Cramer Commented on These 10 Stocks Recently and Jim Cramer Shed Light on These 11 Stocks.
Cramer pointed out that the strong performance of the AI sector has distorted the broader market view. He mentioned, “The AI economy just takes up too much weight in the averages.” He added that this outsized impact makes it more difficult to recognize the underlying weakness in the consumer-driven portion.
Cramer emphasized that auto sales, housing, and retail, core pillars of the economy, are underperforming. He said, with the second-quarter GDP growth coming in at 3.8%, under normal circumstances, such growth would suggest strength across these industries, but that is not what he is seeing.
“Here’s the bottom line: The writing is on the wall for a big chunk of the economy. If we don’t get more rate cuts, things are going to keep sinking. The other part, the AI part, is totally indifferent to rates. Most of these companies will never need to raise money. Even if they do, it seems like they just sell equity to the deep-pocketed business partners. High rates for them just mean higher returns because they have so much cash earning interest more than any time in financial history.”
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 September 25. 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 on Jim Cramer’s Radar Recently
16. International Business Machines Corporation (NYSE:IBM)
Number of Hedge Fund Holders: 63
International Business Machines Corporation (NYSE:IBM) is one of the stocks on Jim Cramer’s radar recently. Cramer mentioned that he wishes the Charitable Trust owned the stock, as he commented:
“What I found most ironic was an actual real-life example of the power of IBM’s quantum computing product versus the other ones that we’ve been talking about. HSBC, a giant bank, uses IBM’s Heron quantum processor to improve its algorithmic bond trading.
It produced a 34% improvement in trade predictions. Ah, the irony of an old-line company beating the pants off its younger competitors. Although, by the way, I’d point out that many of these younger quantum plays aren’t that young. They’ve been around for a long time without coming up with something as practical as what IBM has already developed. Maybe IBM is the best way to invest in quantum, and it’s a mighty inexpensive stock. I spent a lot of time with IBM recently. I wish we owned it for the Charitable Trust, frankly. It looks that good.”
International Business Machines Corporation (NYSE:IBM) delivers integrated solutions spanning software, consulting, infrastructure, and financing, with products in hybrid cloud, AI, servers, storage, and lifecycle services.
15. Republic Services, Inc. (NYSE:RSG)
Number of Hedge Fund Holders: 60
Republic Services, Inc. (NYSE:RSG) is one of the stocks on Jim Cramer’s radar recently. When Cramer was asked about the stock, he said:
“I don’t understand this, and WM, you know, the old Waste Management. They’re both so good, and they just do nothing but go down. I need to see a bounce. As Jeff Marks would say, how about a bounce? And I agree.”
Republic Services, Inc. (NYSE:RSG) provides waste management and environmental solutions, including collection, recycling, disposal, and landfill services, along with processing and selling recyclable materials. The company serves residential, commercial, and industrial customers. When a caller inquired about the stock’s long-term prospects during a June episode, Cramer replied:
“RSG is such a good company. Oh my god, it’s just so good. We had, I don’t know if anyone remember[s], we had Jon on recently, and I just said, you know, you got one hell of a company. That is a great stock.”
14. Recursion Pharmaceuticals, Inc. (NASDAQ:RXRX)
Number of Hedge Fund Holders: 21
Recursion Pharmaceuticals, Inc. (NASDAQ:RXRX) is one of the stocks on Jim Cramer’s radar recently. When a caller asked about the stock during the lightning round, Cramer stated:
“I don’t know. It’s been such a dog. It’s been a dog, we had them on, twice the price. It’s done absolutely nothing. I need to see a proof of concept here. I absolutely know that NVIDIA’s in it, but you know what? This, this, this stock has been a bad stock. We need to see something good before I tell you I would put any money in it.”
Recursion Pharmaceuticals, Inc. (NASDAQ:RXRX) is a clinical-stage biotech company using technology-driven approaches to accelerate drug discovery, with a pipeline targeting conditions such as cerebral cavernous malformation, neurofibromatosis type 2, familial adenomatous polyposis, C. difficile infection, and certain cancers. When a caller asked about the stock during a March episode, Cramer suggested to “hold off.” He said:
“Well, I’ll tell you… I’m reticent to put to, to really just to pull the trigger on Recursion because when they came on it was, it looked like at a good level and since then it’s just been disastrous. We’re going to have to hold off. I gotta meet them face to face and see what’s going on.”
Since the above comment, Recursion Pharmaceuticals, Inc. (NASDAQ:RXRX) stock is down by about 30%.
13. American Bitcoin Corp (NASDAQ:ABTC)
Number of Hedge Fund Holders: N/A
American Bitcoin Corp (NASDAQ:ABTC) is one of the stocks on Jim Cramer’s radar recently. During the episode, when a caller asked about the stock, Cramer said:
“Okay, this is a total spec, as you know. It’s a, it’s very inexpensive, I mean dollar amount, but it may be an expensive actual amount because it doesn’t have any earnings. It’s a spec. It’s your one spec. As I say in How to Make Money in Any Market, you’re entitled to one spec. That’s it. But that could lose everything. Just as long as you know that, that’s fine.”
American Bitcoin Corp (NASDAQ:ABTC) develops a bitcoin infrastructure platform and operates as a subsidiary of Hut 8 Corp. The company was listed on the Nasdaq on September 3 under the ticker ABTC and is backed by Eric and Donald Trump Jr. Furthermore, it began trading at $6.90 per share following an all-stock merger with Gryphon Digital Mining.
12. Dutch Bros Inc. (NYSE:BROS)
Number of Hedge Fund Holders: 44
Dutch Bros Inc. (NYSE:BROS) is one of the stocks on Jim Cramer’s radar recently. A caller inquired how Cramer feels about the stock during the lightning round, and he said:
“I like Dutch Bros. Now, let me tell you something about Dutch Bros. This stock has now come down from 86 to 53 as the speculative froth comes out of it. I would say buy some here and then buy some in the 40s, and I think you’ll be in very good shape. Don’t expect it to get back in the 30s. That’d be way, way too cheap.”
Dutch Bros Inc. (NYSE:BROS) operates and franchises drive-thru coffee shops under brands such as Dutch Bros, Dutch Bros Coffee, Dutch Bros Rebel, and Blue Rebel. During the September 2 episode, a caller asked if it was a good entry point in the stock. Cramer responded:
“I’m going to say that because I like this stock so much, the answer is yes. But as good as it is, I think people are losing track of a note that I talked about this morning about pumpkin latte and Starbucks. Yes, we’ve all had some problems with Starbucks being late, blah blah, blah, but imagine this: we’re still going there, and this pumpkin latte is very strong, SBUX.”
11. The Coca-Cola Company (NYSE:KO)
Number of Hedge Fund Holders: 84
The Coca-Cola Company (NYSE:KO) is one of the stocks on Jim Cramer’s radar recently. A caller asked Cramer for his short-term and long-term outlook on the stock, and he said:
“I think it’s a terrific stock. It’s one of the few consumer packaged goods companies that really has a lot of momentum. The stock’s come down a bit. I think it’s a great level to buy, and I think James Quincey is terrific.”
The Coca-Cola Company (NYSE:KO) manufactures and sells beverages across categories, including soft drinks, water, sports drinks, coffee, tea, juice, dairy, and plant-based products. The company’s portfolio features brands such as Coca-Cola, Sprite, Fanta, Minute Maid, Powerade, Dasani, and fairlife. Cramer mentioned the stock in an April episode and said:
“On the other side of the economic spectrum, we have Coca-Cola. It’ll be interesting to see if Coca-Cola can maintain its momentum. It’s the only stock in the consumer products group that I follow that’s still hanging in there after a brutal week for the cohort. Did you see PepsiCo? Holy cow.”
The stock is down around 8.3% since the above comment was aired back in April.
10. KB Home (NYSE:KBH)
Number of Hedge Fund Holders: 26
KB Home (NYSE:KBH) is one of the stocks on Jim Cramer’s radar recently. Cramer discussed the company’s recent earnings and conference call. He commented:
“Next up, KB Home reported last night, and even though it was, another really good home builder by the way, even though it’s more encouraging than Lennar, it wasn’t that much better… Still, management did something I thought was very useful in the conference call. They broke out in detail what lower mortgage rates mean for their business and for the customer. Mortgage rates have fallen roughly 60 basis points from earlier this year, and the company says that adds $30,000 of purchasing power based on their average selling price. Now, that’s a good chunk of change, especially for the first-time home buyers or those looking to upgrade for the first time, groups that make up 70% of KB Home’s customers. This is, in other words, a group of more moderately income people. The company seems to be taking a different approach than Lennar, which got very promotional last quarter in order to sell more units. KB Home maintains they don’t need to chase incremental volume right now.”
KB Home (NYSE:KBH) builds and sells single-family homes, townhomes, and condominiums for buyers, including first-time and move-up purchasers. Additionally, it provides mortgage banking, insurance, and title services to support homebuyers.
9. Lennar Corporation (NYSE:LEN)
Number of Hedge Fund Holders: 62
Lennar Corporation (NYSE:LEN) is one of the stocks on Jim Cramer’s radar recently. Cramer said that the company’s earnings “were not that good.” He stated:
“Needless to say, the earnings were not that good. Even worse, Lennar says their earnings for the current quarter are likely to come in below the expectation. And remember, Lennar is a fantastic company… They’re quite optimistic that stronger sales activity will come soon. So maybe you want to call it green shoots and that things can get better if rates continue to come down…
… Like everybody else in the industry, Lennar needs lower long-term interest rates. Usually, when the Fed cuts short rates, long rates will come down too, but that’s not always the case. Last fall, for instance, the Fed cut short rates and long rates skyrocketed. Worth keeping in mind. I mean, I know I’m very concerned that we could repeat last year’s fiasco as long rates are still creeping up higher after that last recent rate cut. That’s not good.”
Lennar Corporation (NYSE:LEN) builds and sells single-family and multifamily homes, develops residential land, and manages rental properties for buyers ranging from first-time to luxury. The company also provides mortgage financing, title, insurance, and closing services.
8. Sterling Infrastructure, Inc. (NASDAQ:STRL)
Number of Hedge Fund Holders: 25
Sterling Infrastructure, Inc. (NASDAQ:STRL) is one of the stocks on Jim Cramer’s radar recently. A caller asked for Cramer’s opinion on the stock during the show, and he commented:
“Well, this is a very interesting, we’re getting a lot of these infrastructure plays. This is a very, very good company. It has moved up a great deal. It’s a civil engineering company. I think we have to wait for it to cool off… But it is a real winner. It’s just got a very high price-to-earnings multiple. Anyway, I do like it though.”
Sterling Infrastructure, Inc. (NASDAQ:STRL) provides e-infrastructure, transportation, and building solutions, including site development for data centers and power projects, infrastructure for roads, bridges, and airports, and concrete foundations for residential and commercial construction. In addition, it offers plumbing and surveying services for homebuilding. Fred Alger Management stated the following regarding Sterling Infrastructure, Inc. (NASDAQ:STRL) in its second quarter 2025 investor letter:
“Sterling Infrastructure, Inc. (NASDAQ:STRL) provides construction services across the United States for a variety of commercial and public sector customers. The company has three main business areas: Transportation Solutions, E-Infrastructure Solutions, and Building Solutions. The E-Infrastructure Solutions segment is growing quickly and mainly involves projects such as data centers, e-commerce distribution facilities, manufacturing plants, warehouses, and power generation facilities. Shares contributed positively during the quarter after the company reported stronger-than-expected operating results, where the E-Infrastructure and Transportation segments performed better than expected, while results from Building Solutions were slightly below forecasts. Further, management increased its revenue guidance for the full year citing that the E-Infrastructure Solutions segment is seeing continued growth in its backlog of future projects.”
7. Marvell Technology, Inc. (NASDAQ:MRVL)
Number of Hedge Fund Holders: 76
Marvell Technology, Inc. (NASDAQ:MRVL) is one of the stocks on Jim Cramer’s radar recently. A caller asked if the stock is at an inflection point to benefit from the ongoing growth in AI and data center investment. Cramer replied:
“I think, absolutely right. And it just announced a big buyback, and it’s had a lot of insider buying and I’ve gotta tell you, this company has felt very maligned. Marvell is really an excellent company. Matt Murphy’s done a fantastic job. It has been creeping up ever since the so-called disappointment. It was up 3.7 today. You got a winner.”
Marvell Technology, Inc. (NASDAQ:MRVL) provides semiconductor solutions for data infrastructure, developing system-on-a-chip architectures with analog, mixed-signal, and digital processing. The company’s portfolio includes Ethernet controllers, processors, custom ASICs, interconnect and optical products, fibre channel solutions, and storage controllers. During the September 8 episode, a caller asked whether it makes sense to hold shares of the stock. Cramer replied:
“Marvell did not, you’re absolutely right. The guidance was not what I wanted. I believe in Matt Murphy, but I’m going to say no. I’d rather have you own NVIDIA.”
6. Walmart Inc. (NYSE:WMT)
Number of Hedge Fund Holders: 105
Walmart Inc. (NYSE:WMT) is one of the stocks on Jim Cramer’s radar recently. Cramer mentioned the company during the episode and remarked:
“In retail, after years of retrenchment, a lot of it thanks to digital competition. Retailers still have too many workers, too many stores. Only an outfit like Walmart, which has the same scale as an Amazon or Costco, can compete without worrying about its balance sheet.”
Walmart Inc. (NYSE:WMT) operates retail and wholesale stores, membership clubs, and eCommerce platforms. The company provides groceries, consumables, apparel, home goods, electronics, and financial services, along with health and wellness products, fuel, and digital payment solutions through its global network and online channels. During the September 4 episode, when a caller inquired about the stock in light of inflation and tariffs, Cramer responded:
“Okay, I am so glad you asked me this because people have Walmart wrong. They’re a very forthcoming company. They say, listen, we’re going to have some problems… They’re very, they’re very honest. They’re terrific, and what they’ve done is make, it’s actually end up scaring people out of their stock. It does have a high price-to-earnings multiple. I do prefer Costco. I do hope Costco has a just okay month, so you can buy that cheaper tomorrow. But Walmart’s fine. It’s a fine stock.”
5. Starbucks Corporation (NASDAQ:SBUX)
Number of Hedge Fund Holders: 66
Starbucks Corporation (NASDAQ:SBUX) is one of the stocks on Jim Cramer’s radar recently. Cramer discussed the company’s latest layoff plans, as he said:
“Finally, there’s Starbucks, which today announced that they were laying off 900 corporate workers, as they also told us they’d be shrinking their North American store count by 1% this year. It’s a billion-dollar restructuring plan. It’s meant to make Starbucks more profitable. You could argue that this could have been done at any time, but I think Starbucks is part of the real economy, and the real economy, it stinks. I remain very bullish, though. I think CEO Brian Niccol’s plan to get Starbucks back on track is terrific. And I advised members of the CNBC Investing Club in our morning meeting streaming show, do some buying. It’s going to send the earnings up, not down.”
Starbucks Corporation (NASDAQ:SBUX) is a coffee roaster, marketer, and retailer offering beverages, coffee products, and food items. Its portfolio includes Starbucks, Teavana, Seattle’s Best Coffee, Ethos, and Starbucks Reserve brands.
4. CarMax, Inc. (NYSE:KMX)
Number of Hedge Fund Holders: 54
CarMax, Inc. (NYSE:KMX) is one of the stocks on Jim Cramer’s radar recently. Cramer called the company’s earning results “awful,” as he commented:
“This morning, we got results from CarMax, oh my, the country’s largest used car dealer. They were awful, causing the stock to plunge 20%. Sales were 6% below Wall Street expectations. There was an incredibly weak… profit per car was below expectations. Big loan losses, too. Every line was suboptimal. What could help CarMax make the numbers? Well, you know exactly what, a bunch of great cuts. Their customers need lower rates as auto loans are priced off the shorter end of the yield curve, mainly two and three-year rates, ones that would come down if the Fed keeps cutting interest rates.
CarMax is a very good operator, by the way. But unless rates come down substantially, I think things will only get worse for this company. People think it’s a dog, it’s not… One thing’s for certain without rate cuts… We know the CarMax used car weakness doesn’t just, isn’t just going to stay with used cars. It’ll be new cars too.”
CarMax, Inc. (NYSE:KMX) sells a wide selection of used vehicles, including domestic, imported, luxury, hybrid, and electric models, while also offering auctions, protection plans, and repair services.
3. CoreWeave, Inc. (NASDAQ:CRWV)
Number of Hedge Fund Holders: 29
CoreWeave, Inc. (NASDAQ:CRWV) is one of the stocks on Jim Cramer’s radar recently. Cramer discussed the company’s deal with OpenAI during the episode. He stated:
“What else? This morning, CoreWeave, basically a company that runs data centers for the AI… announced an expanded agreement with OpenAI, the company behind ChatGPT, for $6.5 billion, bringing its total contract value with OpenAI to $22.4 billion. Now, can you think of any companies in the consumer economy that could sign a deal for 6.5 billion like that? I know I can’t, but when the CoreWeave news broke when I was sitting right over there and spoke on the Street this morning, I couldn’t even tell if it was worth mentioning. Yes, there’s that much AI-related activity out there… It just didn’t seem to be worth it.”
CoreWeave, Inc. (NASDAQ:CRWV) provides a cloud platform designed for GenAI workloads. It offers GPU and CPU compute, storage, networking, managed services, and virtual or bare metal servers. The company’s solutions support AI training, inference, VFX rendering, and dataset optimization for machine learning developers.
2. Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holders: 156
Apple Inc. (NASDAQ:AAPL) is one of the stocks on Jim Cramer’s radar recently. Cramer commented on the company’s resources and said:
“Yes, Apple’s just that rich, and it’s committed to investing $600 billion in the United States. So why wouldn’t some of that go to Intel if it asked? Heck, Apple could, it could sub for the US government and help pay for all that pie-in-the-sky stuff that former CEO Pat Gelsinger wanted to do with the CHIPS Act subsidies. Apple could build the foundries that Intel wanted to put up, hoping customers would follow.
Okay, so let me step back for a second. That is not Apple’s area of expertise. I find all of that to be fanciful. But if it could find a way to use Intel’s chips or Intel’s foundry, oh, I don’t know, it might be worth it in some way, shape, or form. Plus, most important, this would just be an asterisk when it comes to Apple’s balance sheet. I’m not even sure it would count as a rounding error.”
Apple Inc. (NASDAQ:AAPL) designs and sells iPhone, Mac, iPad, wearables, and accessories, alongside cloud services, support programs, and digital platforms such as the App Store. Moreover, the company provides subscription services including Apple Music, Apple TV+, Apple Arcade, Apple Fitness+, and Apple News+, as well as payment solutions like Apple Pay and Apple Card.
1. Intel Corporation (NASDAQ:INTC)
Number of Hedge Fund Holders: 82
Intel Corporation (NASDAQ:INTC) is one of the stocks on Jim Cramer’s radar recently. Cramer commented on the company’s position in the AI era and remarked:
“Intel, a once great semiconductor company that’s been left behind by the AI revolution, needs money to get back in the game. Does it turn to a bank? No. It’s said to be turning to a company, much better than a bank. It’s turning to Apple. Now it’s not clear at all whether this is really happening. I want people to take a breath here because you know there’s been no confirmation from either side, and I’ve been working to try to confirm it for about 48 hours. But it’s natural to think that a distressed tech company like Intel would be seeking funds from Apple… No matter what, Intel can’t be allowed to fail.”
Intel Corporation (NASDAQ:INTC) designs and manufactures semiconductor products, including CPUs, GPUs, SoCs, FPGAs, memory, storage, and networking solutions, alongside software and optimization tools for AI, security, and diverse compute environments.
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