On Friday’s episode of Mad Money, host Jim Cramer discussed this week’s market activity and commented on both recent data and upcoming economic indicators.
“Now, I’m not worried about the industrial portion of the economy, which has been pretty strong, but I’m trying to figure out if the numbers have been distorted by orders pulled through because of the tariffs. That’s why I’m more interested than usual in something called the Chicago PMI. I think it’s the best indicator of the industrial economy, and it could influence interest rates if it is weak, putting even more pressure on the Fed to start cutting again.”
READ ALSO: 11 Stocks That Jim Cramer Recently Commented On and 13 Stocks Jim Cramer Recently Shed Light On
According to Cramer, current market expectations show an 18.6% chance of a rate cut in July, but those odds rise to more than 93% by September. Still, he added, “I don’t know if we can wait that long.” He noted that on Wednesday, mortgage application numbers are due, and he pointed out that they have become a drag on broader economic performance. With interest rates still elevated, weak housing activity has become a given.
“Thursday’s the key day of the week, alright? And that’s when we get the June non-farm payrolls report. It’s an important number… If we get a weak number, the president is most likely, on that day, going to call for Jay Powell’s head again, maybe willing to name Powell’s successor that day, much sooner than expected. If only to push Jay to start cutting rates or quit his job.”
Cramer noted that he does not believe that one weak number, even one as influential as the labor report, would be enough to move the Fed by itself. Still, he mentioned that if job creation comes in low and is paired with stagnant or falling wages, then the possibility of a July rate cut might reenter serious discussion.
“The bottom line: We’re headed for a shortened week after a terrific quarter, one that started horrendously and finished incredibly strong, showing you that staying the course is the only logical way to approach this often mercurial and treacherous market.”
Our Methodology
For this article, we compiled a list of 21 stocks that were discussed by Jim Cramer during the episodes of Mad Money aired on June 27. 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).
21 Stocks on Jim Cramer’s Radar
21. Robinhood Markets, Inc. (NASDAQ:HOOD)
Number of Hedge Fund Holders: 76
Robinhood Markets, Inc. (NASDAQ:HOOD) is one of the 21 stocks on Jim Cramer’s radar. Calling the company the “rebellious brokerage,” Cramer remarked:
“Typically, they (new investors coming into the market) liked the high fliers of the year, the dot-coms that were making them a lot of money, even as they rarely took the profits that they should have. This time, things are indeed different. The new money is much more sizable, and the investor is much younger. These buyers tend to be working with Robinhood, the rebellious brokerage that will forever be linked with GameStop, but has become one of the greatest stocks of our era.”
Robinhood (NASDAQ:HOOD) provides a financial platform that enables users to trade stocks, ETFs, options, cryptocurrencies, and more. The company also provides educational content, investing tools, credit and cash products, and a digital currency marketplace. In May, Cramer said that he would be a “buyer” of the stock, as he commented:
“Now here’s what I feel about Coinbase: Another stock that I like, and I’m going to give you a twofer, I think that you should also like Robinhood. I like that more than Coinbase because I wasn’t that crazy obviously about the hacks, but Coinbase is doing very well. But Robinhood is doing exceptionally well, and I would be a buyer of Robinhood.”
20. Texas Roadhouse, Inc. (NASDAQ:TXRH)
Number of Hedge Fund Holders: 47
Texas Roadhouse, Inc. (NASDAQ:TXRH) is one of the 21 stocks on Jim Cramer’s radar. The company received a comment from Cramer during the lightning round as he said, “Don’t forget, I think Texas Roadhouse is terrific, even though beef prices are high.”
Texas Roadhouse (NASDAQ:TXRH) owns, operates, and franchises casual dining restaurants under the Texas Roadhouse, Bubba’s 33, and Jaggers brands. During a March episode of Mad Money, Cramer called it a winner, as he commented:
“Very hard because Julie Masino, we’ve had her on the show, she is just crushing it at Cracker Barrel, crushing it. Texas Roadhouse, Mr. Morgan is doing a good job. Now, I know the stock doesn’t act well and I get that. We’re going to keep building a position as it goes down because they have a long-term history and I can’t believe the price-to-earnings multiple is as low as it is. But you’ve got two winners there.”
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