On Wednesday’s episode of Mad Money, host Jim Cramer laid out a few themes he believes are influencing the market right now.
“We can… focus on some stories that can make us some money. That’s not crass. That’s our ultimate goal, not the prediction of when the Fed will move or a new Fed governor gets appointed. Let’s not mince words. We’re trying to make money here.”
READ ALSO 25 Stocks Jim Cramer Recently Shared Insights On and Jim Cramer Recently Discussed These 10 S&P 500 Stocks
Cramer highlighted a recent development involving Vietnam. He referenced an earlier statement made by the President on Liberation Day, announcing what sounded like a severe move, a 46% tariff on exports from Vietnam. He noted that hardliners in the White House were convinced that China had deeply entrenched itself in Vietnam’s economy and had taken over much of the country’s commercial activity. However, in a significant turn of events, the actual tariff announced turned out to be much lower, just 20%.
“Here’s the bottom line: Just like you couldn’t ignore the choice of Exxon 38 years ago and all the metaphorical power of a good solid story with a solid dividend, you can’t avoid today’s new stories either. And I promise you, I will keep telling them. Why? Because that’s where the money is.”
Our Methodology
For this article, we compiled a list of 22 stocks that were discussed by Jim Cramer during the episodes of Mad Money aired on July 2. 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).
22 Stocks Jim Cramer Recently Talked About
22. Joby Aviation, Inc. (NYSE:JOBY)
Number of Hedge Fund Holders: 23
Joby Aviation, Inc. (NYSE:JOBY) is one of the 22 stocks Jim Cramer recently talked about. During the lightning round, a caller inquired about the company, and Cramer commented:
“I’m going to do a twofer because I’m in the mood for the $9, $10 stocks. Archer and Joby, what can I say? I’m not going to fight them. Boeing has a flying car. Why can’t they?”
Joby Aviation (NYSE:JOBY) designs electric vertical takeoff and landing aircraft for use in air mobility services. The company plans to introduce an app-based platform to provide aerial ridesharing for passenger transportation. Over the past year, JOBY stock gained more than 104%. Additionally, in early June, when Cramer was asked about the company, he said:
“You know what, remember a couple of weeks ago I said I was done with the knocking on the ones that don’t make money. Joby is real. I think Archer is real… But Joby is good and I’m going with it and I am with you… Joby is okay. I’m even playing some Joby music.”
21. Titan International, Inc. (NYSE:TWI)
Number of Hedge Fund Holders: 25
Titan International, Inc. (NYSE:TWI) is one of the 22 stocks Jim Cramer recently talked about. A caller asked for Cramer’s thoughts on the company, and he replied:
“Yeah, no, I’ve been following this company for a long time, and frankly, I mean, it just went up so huge. I can’t go for it. I mean, I’ve been waiting for this thing, it’s like done nothing for ages, and then suddenly, you know, it went from, you know, here’s a $9 stock, a $10 stock, that’s very interesting to me, but I don’t know how it got there. It just happened like that. So I can’t recommend it after this big move.”
Titan International (NYSE:TWI) manufactures and sells wheels, tires, and undercarriage systems for off-highway vehicles. The company’s products serve a wide range of equipment used in agriculture, construction, mining, forestry, and recreational applications.
For the second quarter of 2025, Titan International (NYSE:TWI) expects revenue between $450 million and $500 million and adjusted EBITDA of $25 million to $35 million. Chief Financial Officer David Martin noted that the outlook is in line with first-quarter results and that less than 10% of total revenue is affected by current retaliatory tariffs from China.
20. Domino’s Pizza, Inc. (NASDAQ:DPZ)
Number of Hedge Fund Holders: 45
Domino’s Pizza, Inc. (NASDAQ:DPZ) is one of the 22 stocks Jim Cramer recently talked about. During the lightning round, when a caller inquired about the company, Cramer remarked, “Well, I’ll tell you, if I had one just off hand, I mean, I can tell you that I like Domino’s here. That’s my best hope…”
Domino’s Pizza (NASDAQ:DPZ) is a global pizza brand that provides products such as pizzas, oven-baked sandwiches, pasta, chicken, wings, bread, desserts, and beverages. The company operates through domestic stores, international franchise locations, and a supply chain segment. During an episode of Squawk on the Street in May, Cramer said:
“Russell Weiner said do you know that Warren Buffett is now my second largest shareholder? And that’s Dominos. And he said I don’t speak to him but it is, and I said well I don’t know, maybe it’s possible that he’s not, that he, but I went to Becky Quick, because Becky can ask him. But what an informator if you find out that he is your second-largest shareholder.”
19. Danaher Corporation (NYSE:DHR)
Number of Hedge Fund Holders: 117
Danaher Corporation (NYSE:DHR) is one of the 22 stocks Jim Cramer recently talked about. A caller inquired if Cramer thinks it is time to get back into the stock, and here’s what Mad Money’s host had to say in response:
“Okay, well, let me tell you, we never left it for the Charitable Trust because I have faith, ultimately, that this company will come through. Why? I’ve known it for 30 years. I have felt that it always does things right in the end. I am sticking by that, and I truly believe that Danaher can make a comeback. This is healthcare, a lot of IPOs are coming. They have China business. The China business isn’t that bad. I am not abandoning Danaher right here.”
Danaher (NYSE:DHR) develops and markets products and services for medical, scientific, and industrial use. The company’s technologies support bioprocessing, diagnostics, laboratory automation, genomic research, and clinical testing.
18. Centene Corporation (NYSE:CNC)
Number of Hedge Fund Holders: 64
Centene Corporation (NYSE:CNC) is one of the 22 stocks Jim Cramer recently talked about. Cramer expressed a bearish sentiment toward managed care companies, including Centene, and said:
“Today, some of the biggest losers in the market were a handful of managed care companies led by a company called Centene… That stock plunged over 40%. This is the worst single-day performance on record because last night after the close, the company withdrew its full-year forecast…
Now, after its preliminary analysis of the data, Centene told us that it now expects a $1.8 billion reduction in its expected risk adjustment revenue transfers from the federal government, and that is a huge hit, people. As a result, management expects a $2 and 75 cents hit to earnings per share this year, which is horrifying given that as of the most recent update in late April, Centene was looking to earn more than $7 and 25 cents per share for 2025. So what are we talking? We’re talking about a 35 to 40% hit to their numbers. No wonder the stock was eviscerated…
What last night’s announcement from Centene indicates is that there’s already some attrition in healthcare exchange enrollment… And worse, what they’re finding out is that the population that’s remaining for the Obamacare exchanges is less healthy… Basically, the people who are leaving the healthcare exchanges are actually some of the people that insurers want to cover, healthier people who pay their premiums but don’t require much medical care.
And what’s left now that the more healthy people are no longer enrolling is a less healthy population, which, of course, is bad news for the insurers. Because Centene’s the largest player in the healthcare exchange space, they’re getting the hardest hit, okay? Unfortunately, I think the situation’s only going to get worse. In order to account for the new situation, Centene will likely have to raise its premiums, which will lead to fewer people enrolling…
… So here’s the bottom line: Given this news from Centene, I think the whole managed care industry is borderline uninvestible right now, and unfortunately, things will get worse for the sector before they get better. So I just can’t justify telling you to own these stocks right now, even after they’ve already come down so dramatically. Very painful story, very.”
Centene (NYSE:CNC) provides healthcare services to underserved populations and commercial clients. The company’s operations include Medicaid, Medicare, commercial health plans, clinical services, and administrative support.
17. Wells Fargo & Company (NYSE:WFC)
Number of Hedge Fund Holders: 88
Wells Fargo & Company (NYSE:WFC) is one of the 22 stocks Jim Cramer recently talked about. Cramer was bullish on the company and stock during the episode as he stated:
“Finally, there’s Wells Fargo, another Charitable Trust holding, and a company that’s been on a regulatory winning streak since a month ago when the Fed lifted the asset cap that’s been holding them back for seven years. Wells Fargo announced a 12.5% dividend hike, which brings that yield up to 2.19%… Bank of America and Wells Fargo are the next cheapest, but they both trade at a little less than 2 times tangible book value, a huge premium to Citi… And look, when you judge the bank stocks on a price-to-earnings basis, you get a similar story… Bank of America and Wells Fargo, 13 and 14 times earnings, respectively…
Still, with the banks featuring discount multiples compared to the overall market, you know what, I’m not so sure that the good times… necessarily have to end for this group. I think they can continue moving higher. The bottom line: In this environment, I bet the big banks are some of the best investments this year, yet still very inexpensive, at least on earnings versus the rest of the market, have more room to run, maybe much more. As for which ones you should own, well, that’s a personal choice. I’m very happy with Goldman Sachs and Wells Fargo. We own those for the Charitable Trust.”
Wells Fargo (NYSE:WFC) is a global financial services company that offers banking services, investment products, mortgage solutions, and other financial services.
16. Morgan Stanley (NYSE:MS)
Number of Hedge Fund Holders: 68
Morgan Stanley (NYSE:MS) is one of the 22 stocks Jim Cramer recently talked about. Highlighting its recent dividend boost and buyback program, Cramer said:
“Morgan Stanley said they’re putting through an 8.1% dividend hike, which translates to a 2.8% yield with the stock at these levels. They also announced a $20 billion buyback, which works out to be almost 9% of the bank’s current market capitalization, generous… And Morgan Stanley, the most expensive at 3.1 times book value. Remember, most expensive doesn’t mean bad, it’s just, it’s a fact. To give these numbers some context, these price to book multiples are basically the markets assigning a value to the quality of these banks’ franchises, what the businesses are worth beyond just their assets and liabilities…
Goldman Sachs, JPMorgan, and Morgan Stanley have the most valuable franchises… Morgan Stanley and Goldman are two tremendous investment banks. And Morgan Stanley’s also got a fabulous asset management business known for its consistency and its stickiness… And look, when you judge the bank stocks on a price-to-earnings basis, you get a similar story…
Goldman Sachs, JPMorgan, and Morgan Stanley are once again on the more expensive side, all selling for roughly 16 times earnings. To put that in perspective, though, the overall S&P 500 currently trades at close to 24 times this year’s earnings estimates. So, wow, these are outta whack. I would say they’re cheap…
Still, with the banks featuring discount multiples compared to the overall market, you know what, I’m not so sure that the good times… necessarily have to end for this group. I think they can continue moving higher. The bottom line: In this environment, I bet the big banks are some of the best investments this year, yet still very inexpensive, at least on earnings versus the rest of the market, have more room to run, maybe much more.”
Morgan Stanley (NYSE:MS) is a financial services company that provides capital raising, financial advisory, brokerage, and investment management services.
15. JPMorgan Chase & Co. (NYSE:JPM)
Number of Hedge Fund Holders: 129
JPMorgan Chase & Co. (NYSE:JPM) is one of the 22 stocks Jim Cramer recently talked about. Cramer’s opinion was that the stock is cheap compared to the rest of the S&P 500. He said:
“The big dog in the banking sector, JPMorgan, announced a 7.1% dividend boost that gives the stock a 2.05% yield here. That is the lowest of the group. But JPMorgan also announced a massive $50 billion buyback, and that would shrink the share count by about 6% at these levels… JPMorgan trades at 2.91 times book value… Goldman Sachs, JPMorgan, and Morgan Stanley have the most valuable franchises…
JPMorgan’s widely seen as the best-run bank in the world… And look, when you judge the bank stocks on a price-to-earnings basis, you get a similar story… Goldman Sachs, JPMorgan, and Morgan Stanley are once again on the more expensive side, all selling for roughly 16 times earnings. To put that in perspective, though, the overall S&P 500 currently trades at close to 24 times this year’s earnings estimates. So, wow, these are outta whack. I would say they’re cheap…
Now, when you consider the banks’ expected earnings growth, it doesn’t seem to have much of an impact on these valuations… JPMorgan’s one of the most expensive banks, but it’s on track to grow at a mere 2% clip this year. Why? At least right now, investors are less concerned about the year-to-year changes in earnings power. They’re more concerned about the long-term durability of these earnings. Basically, some banks are trusted more than others, and the trusted ones get the higher valuation…
Still, with the banks featuring discount multiples compared to the overall market, you know what, I’m not so sure that the good times… necessarily have to end for this group. I think they can continue moving higher. The bottom line: In this environment, I bet the big banks are some of the best investments this year, yet still very inexpensive, at least on earnings versus the rest of the market, have more room to run, maybe much more.”
JPMorgan (NYSE:JPM) provides a broad range of financial services, including consumer banking, lending, investment banking, securities services, and asset and wealth management for individuals, businesses, and institutions.
14. The Goldman Sachs Group, Inc. (NYSE:GS)
Number of Hedge Fund Holders: 77
The Goldman Sachs Group, Inc. (NYSE:GS) is one of the 22 stocks Jim Cramer recently talked about. Cramer mentioned that he is “happy with” having a position in the company stock for his trust, as he commented:
“Goldman Sachs, which we own for the Charitable Trust… let’s just say it’s had a smaller dividend payout than its peers for a long time, but also just announced a major 33% dividend boost. Now, even after that, the stock only yields 2.23%, but that is no longer chintzy… Goldman trades at 2.22 times book value… Goldman Sachs, JPMorgan, and Morgan Stanley have the most valuable franchises… Morgan Stanley and Goldman are two tremendous investment banks…
And look, when you judge the bank stocks on a price to earnings basis, you get a similar story… Goldman Sachs, JPMorgan, and Morgan Stanley are once again on the more expensive side, all selling for roughly 16 times earnings. To put that in perspective, though, the overall S&P 500 currently trades at close to 24 times this year’s earnings estimates. So, wow, these are outta whack. I would say they’re cheap… The strongest, Cramer fave, and former employer, Goldman Sachs, has rallied 25% [for the year]…
Still, with the banks featuring discount multiples compared to the overall market, you know what, I’m not so sure that the good times… necessarily have to end for this group. I think they can continue moving higher. The bottom line: In this environment, I bet the big banks are some of the best investments this year, yet still very inexpensive, at least on earnings versus the rest of the market, have more room to run, maybe much more. As for which ones you should own, well, that’s a personal choice. I’m very happy with Goldman Sachs and Wells Fargo. We own those for the Charitable Trust.”
Goldman Sachs (NYSE:GS) is a global financial services company that specializes in investment banking, wealth management, and a range of other financial services.
13. Citigroup Inc. (NYSE:C)
Number of Hedge Fund Holders: 96
Citigroup Inc. (NYSE:C) is one of the 22 stocks Jim Cramer recently talked about. Noting the stock’s cheap valuation, Cramer said:
“Citi announced a 7.1% dividend boost. Now it sports a 2.77% yield. Citi also stressed that they’d started a $20 billion repurchase program in January, and so far this year, they bought back $3.75 billion worth of stock. So, they still have enough ammo to shrink their share count by roughly 10%… Citigroup, the cheapest, trades at just 0.95 times tangible book value. Remember, tangible book value is what the business will be worth, again, in a liquidation scenario. So any bank that trades at a discount to book value, well, it’s unbelievably cheap. CEO Jane Fraser has done a good job of turning Citi around, but clearly, she still has a long way to go. Although this company used to trade at a much lower rate to book value… Citi trades at less than 1 times tangible book value because there’s still a lack of trust in the firm…
And look, when you judge the bank stocks on a price-to-earnings basis, you get a similar story. Citigroup’s the cheapest, selling for just 12 times earnings… Now, when you consider the banks’ expected earnings growth, it doesn’t seem to have much of an impact on these valuations. Citi’s on track to deliver 22% earnings growth in the year. The best in the group, yet it has the cheapest stock…
Still, with the banks featuring discount multiples compared to the overall market, you know what, I’m not so sure that the good times… necessarily have to end for this group. I think they can continue moving higher. The bottom line: In this environment, I bet the big banks are some of the best investments this year, yet still very inexpensive, at least on earnings versus the rest of the market, have more room to run, maybe much more.”
Citigroup (NYSE:C) is a global financial services company that provides financial products, including cash management, trading, and investment banking services.
12. Bank of America Corporation (NYSE:BAC)
Number of Hedge Fund Holders: 117
Bank of America Corporation (NYSE:BAC) is one of the 22 stocks Jim Cramer recently talked about. Discussing the recent dividend boosts by the bank stocks, including BAC, Cramer stated:
“Bank of America announced a 7.7% dividend increase and now it’s got a 2.3% yield… Bank of America and Wells Fargo are the next cheapest, but they both trade at a little less than 2 times tangible book value, a huge premium to Citi… And look, when you judge the bank stocks on a price-to-earnings basis, you get a similar story… Bank of America and Wells Fargo, 13 and 14 times earnings, respectively… The weakest Bank of America, still up nearly 11% for the year…
Still, with the banks featuring discount multiples compared to the overall market, you know what, I’m not so sure that the good times… necessarily have to end for this group. I think they can continue moving higher. The bottom line: In this environment, I bet the big banks are some of the best investments this year, yet still very inexpensive, at least on earnings versus the rest of the market, have more room to run, maybe much more.”
Bank of America (NYSE:BAC) is a financial institution that provides banking and financial services such as savings accounts, checking accounts, loan products, investment management, and wealth management solutions.
11. Capital One Financial Corporation (NYSE:COF)
Number of Hedge Fund Holders: 93
Capital One Financial Corporation (NYSE:COF) is one of the 22 stocks Jim Cramer recently talked about. A caller asked Cramer if they can buy more stock at $215, despite it raising their cost basis from $170. In response, Cramer said:
“No, I won’t violate my cost basis. We got in at unbelievable prices. We bought it on the way down. People were shorted. People were banging it down. Richard Fairbank’s great. If he were to come on the show, maybe I would violate my basis, but in the meantime, we are sitting on a gold mine, and I think that stock, now that they bought Discover, we’re going to see great things out of them… It sells at 15 times earnings. I am saying we got a great basis, and I don’t violate it.”
Capital One Financial (NYSE:COF) is a financial services holding company that provides credit cards, loans, and banking services. Additionally, the company offers advisory services and capital markets solutions.
10. Etsy, Inc. (NASDAQ:ETSY)
Number of Hedge Fund Holders: 47
Etsy, Inc. (ETSY) is one of the 22 stocks Jim Cramer recently talked about. A caller asked if they should hold or sell their position, and Cramer replied:
“Oh no… I don’t want you to sell. Now this is a problematic story because I do believe there are execution issues, but I also think there’s a core belief that there’s a lot of value here, and that’s why this stock’s at $52 after this bad quarter, not at $40. I want you to hold onto it. And if it goes back to where it was at a low, I want you to buy more. The franchise is worth more than the stock.”
Etsy (ETSY) operates online marketplaces that connect buyers with sellers of handmade, vintage, and unique goods. The company generates revenue through transaction fees, advertising, payment processing, shipping services, and various seller tools and programs. Polen Capital stated the following regarding Etsy, Inc. (NASDAQ:ETSY) in its Q1 2025 investor letter:
“We fully sold our position inEtsy, Inc. (NASDAQ:ETSY), an online marketplace for handmade goods, after disappointing Q4 results and a weak 2025 outlook. While the business is extremely high-quality, we’ve been disappointed by its growth. The platform fails to attract new buyers, and existing buyers are spending less. While we believe some may be macro-related, we are incrementally cautious on consumer discretionary spending as it has not recovered as we hoped. Etsy has been unable to overcome these challenges, nor has it been willing to invest to drive future growth and value creation. In the context of greater caution around our consumer exposure, we decided to move on to better opportunities.”
9. Palantir Technologies Inc. (NASDAQ:PLTR)
Number of Hedge Fund Holders: 77
Palantir Technologies Inc. (NASDAQ:PLTR) is one of the 22 stocks Jim Cramer recently talked about. Cramer noted that the stock is once again being bought by “meme buyers” after a day of pause, and said:
“Oh, and, and I don’t want to go too far… The meme buyers, after yesterday’s vacation, they’re right back. They’re buying Palantir, the ultimate story stock…. I expect Palantir, currently at $132 and change, to go to $200 this quarter. Can’t avoid buying another data center.”
Palantir (NASDAQ:PLTR) develops software platforms that enable organizations to analyze complex data, support decision-making, and carry out operations. Its tools are designed for intelligence, enterprise data integration, and AI-driven workflows. On July 1, Cramer said:
“But what do we do with the very different set of winners for the first half? I want you to consider the GE Vernovas and the Howmets and the Palantirs, the stocks that are likely to finish the year dramatically higher from these exalted levels. What do you do with the stocks that have been on a run nonstop for 26 weeks, though? I think you send them on one of those two-week vacations like that Southeast Asia, Cape Town, maybe New Zealand. You pay no attention to them. Let them have a good time. Just take them off your screen, come back to them when the rotations run its course.
Okay, there’s one that’s not like that, though, Palantir. I think Palantir’s, it’s taken a rare dip. This one’s actually more of a shorter, Palantir’s going on a staycation. I say it can be bought, starting in three days. Monday morning, buy some Palantir. Then, after that, you can go… for the power generators. Remember Palantir, I said when it was at $50, I said it’s going to $100. When it was at $100, I said it’s going to $200. I’m sticking by that.”
8. The Procter & Gamble Company (NYSE:PG)
Number of Hedge Fund Holders: 88
The Procter & Gamble Company (NYSE:PG) is one of the 22 stocks Jim Cramer recently talked about. Discussing the impact of the currency on the company, Cramer said:
“Let me give you another story. The dollar keeps getting killed, right? We keep hearing chatter all day about how it’s dangerous, that the greenback’s at a 4-year low, dangerous. I can’t believe my ears. Have these naysayers ever been on a consumer packaged goods conference call? Practically every country on earth loves to devalue their currency in order to make their exports more competitive and kill our competition, kill our commerce.
Go listen to Procter & Gamble call, any call, and you know what you hear? They’re always complaining that the dollar’s too strong. So when their big earnings from overseas, and this is a great company, are translated back to our currency, their profits are dramatically lower. Now, I don’t like Procter & Gamble stock that much here, but it’s pretty obvious they’ll be able to beat the numbers thanks to that weaker dollar.”
Procter & Gamble (NYSE:PG) provides consumer packaged goods across categories including beauty, grooming, health care, home care, fabric care, baby care, feminine care, and family care. Its products are sold under well-known brand names.
7. Whirlpool Corporation (NYSE:WHR)
Number of Hedge Fund Holders: 35
Whirlpool Corporation (NYSE:WHR) is one of the 22 stocks Jim Cramer recently talked about. Cramer highlighted that the company is “in the driver’s seat” and said:
“What else? Alright, those who own Whirlpool have been long-time sufferers. One of the stocks I first bought in 1983, it’s pretty much the same price. It’s hurt because it’s the only real American manufacturer in the industry, and all these other countries dumped their appliances on our country. LG and Samsung, by the way, are from Korea, and Haier’s from China, they bought the GE Appliance business. But now they’re facing some big steel tariffs. Suddenly, Whirlpool’s in the driver’s seat. They could be beneficiary of these foreign companies. Wow, it just ran 35 points, though, but it’s still a good story.”
Whirlpool (NYSE:WHR) designs, manufactures, and sells home appliances such as refrigerators, laundry equipment, cooking products, dishwashers, and small household devices. The company also offers related accessories.
6. Kontoor Brands, Inc. (NYSE:KTB)
Number of Hedge Fund Holders: 32
Kontoor Brands, Inc. (NYSE:KTB) is one of the 22 stocks Jim Cramer recently talked about. Expressing bullishness on the company’s story, Cramer said:
“Listen, I’m telling stories here. Given all the product that they’ve sourced in Vietnam, who else? Okay, I got a wild one for you, Kontoor Brands, the parent of Lee and Wrangler jeans. They have almost no manufacturing in Vietnam, forget that. But it just acquired Helly Hansen, the outdoor apparel company, affectionately known in the Cramer family as Helly R, and Vietnam is a major manufacturing hub for them. Oh, I like that story.”
Kontoor Brands (NYSE:KTB) is a lifestyle apparel company that designs, markets, and distributes denim, clothing, footwear, and accessories under the Wrangler, Lee, and Rock & Republic brands. Earlier in the week, Cramer commented:
“Let me give you another one that has a 3% yield, has just completed a dynamite acquisition. Kontoor Brands, the maker of Wrangler and Lee jeans, which did miss the quarter not that long ago, but bear with me here… Helly Hansen’s, that’s a fantastic clothing brand, just purchased by Kontoor Brands.
I cannot believe, they practically stole this one, for something like $900 million, exact price not disclosed. I think the acquisition transformed this company and makes up for any mistakes by Wrangler or Lee on the way. I think they should call the company Helly Hansen.”
5. RH (NYSE:RH)
Number of Hedge Fund Holders: 46
RH (NYSE:RH) is one of the 22 stocks Jim Cramer recently talked about. Calling it “dicey”, Cramer remarked, “RH… Restoration Hardware feels dicey, especially with that balance sheet, but it could be a nice short squeeze.”
RH (NYSE:RH) is a lifestyle brand and retailer focused on the home furnishings market. The company provides a broad selection of furniture, lighting, textiles, and décor. On April 8, the company received a comment from Cramer as he said:
“It’s kind of like RH, the old Restoration Hardware, which has fallen from $457 to $149 in less than four months. This is Gary Friedman’s company. He is total money, but if you buy it here, you’re betting that the wealthy customers should be able to deal with the tariffs that we put on all of their beautiful furnishings. This stuff’s pretty expensive already, although I’d argue it’s worth the price. However, RH also makes a ton of furniture in Vietnam and it’s hard to say it’ll be worth the price once you throw in that 46% tariff.”
4. Levi Strauss & Co. (NYSE:LEVI)
Number of Hedge Fund Holders: 33
Levi Strauss & Co. (NYSE:LEVI) is one of the 22 stocks Jim Cramer recently talked about. Coming to the company, Cramer said, “Hey, Levi’s had a decent story when it reported, some Vietnam exposure there.”
Levi Strauss (NYSE:LEVI) designs and markets apparel and accessories for men, women, and children. The company provides jeans, activewear, tops, footwear, and related items sold under multiple brand names. Back in April, appearing on Squawk on the Street, Cramer commented:
“[Talking about the CEO of Levi Strauss] She’s trying to figure out what to do where. But what matters is they have tremendous organic growth. Management reiterated their earnings per share guidance of $1.20, $1.25. Our friend Matt Boss has a terrific piece out saying it’s the early innings. Upgrades to overweight. Don’t forget they have a 3.8% yield. And denim is doing incredibly well. And you come into stocks at 10 times earnings. This is the kind of thing that I like. Stock that is just being crushed where the fundamentals are actually improving. And there are enough out there that you just have to find them. So I like Levi Strauss very much. And look, I think that their direct-to-consumer initiative is very strong.”
3. Williams-Sonoma, Inc. (NYSE:WSM)
Number of Hedge Fund Holders: 48
Williams-Sonoma, Inc. (NYSE:WSM) is one of the 22 stocks Jim Cramer recently talked about. Coming to the company, Cramer stated:
“Laura Alber, CEO of Williams-Sonoma, moved a ton of manufacturing to Vietnam. Her stock’s down more than 6% for the year, intriguing. [It] jumped more than 2% on the tariff news, but that’s nothing.”
Williams-Sonoma (NYSE:WSM) sells a wide range of home products, including cookware, furniture, decor, and personalized items, through both digital and physical retail channels. Additionally, the company operates a 3-D imaging and augmented reality platform for home design. Vltava Fund stated the following regarding Williams-Sonoma, Inc. (NYSE:WSM) in its Q1 2025 investor letter:
“We sold the rest of the Williams-Sonoma, Inc. (NYSE:WSM) stock. This was a very profitable investment for us. How do we evaluate its feedback? We did not hold the stock for very long, only about 3-1/2 years. During that time, the stock price moved from less than $50 to more than $200. In the beginning, we could buy the shares at single digit earnings multiples. The stock price was well below our estimate of the company’s value. The business itself is of very high quality, with high returns on capital, no debt, and an exemplary asset allocation. As such, we see the purchase itself as a good move and entirely in line with our investment philosophy. When we sold the shares, they were trading at about 25 times earnings. This was significantly higher than our current estimate of the company’s value. Any company, however good and promising it may appear, is a good investment at a low price but a poor investment at a high price. We are always reminded of this and therefore we sold the WSM shares. So far, we see this also as a good move and entirely consistent with our investment philosophy. At the same time, however, we are aware that the large total return on this investment was only partly the result of our transactions and analysis. Luck also played a large part. We expected that WSM would do well in its business. This was confirmed, and the shares also had been objectively very cheap when we bought them. However, all of this falls far short of justifying the rapid quadrupling of the share price. We therefore do not succumb to the temptation to attribute more to our own skills than is prudent. It remains important for us to stick to our investment philosophy and investment process in our stock selection and individual transactions. On average and over the longer term, they should continue to bring us solid returns, although in individual cases or over shorter periods they may deliver returns both much better than they deserve and much poorer than they deserve.”
2. The Gap, Inc. (NYSE:GAP)
Number of Hedge Fund Holders: 41
The Gap, Inc. (NYSE:GAP) is one of the 22 stocks Jim Cramer recently talked about. Highlighting the rally in the stock, Cramer commented:
“Hey, but how about some other stories? I remember having Richard Dickson, CEO of GAP, on the show right after the old unfortunate Liberation Day tariffs, and after its quarter, stock was crushed. That’s a decent story. Good rally.”
Gap (NYSE:GAP) sells clothing, accessories, and personal care items for men, women, and children through its portfolio of brands. The company distributes its products through physical stores, online platforms, and various partnerships. On May 23, Cramer remarked:
“Hey, speaking of retail, ever since Richard Dickson became CEO of the Gap, almost two years ago, he’s been busy reinventing the place. We’ve had him a number of times. It is working people, and since the last quarter, analysts have been falling all over themselves about this story. And now here’s one that if it comes down ahead of the quarter, you have my permission, no, my blessing to pull the trigger and do some buying. Fall into the Gap.”
1. NIKE, Inc. (NYSE:NKE)
Number of Hedge Fund Holders: 81
NIKE, Inc. (NYSE:NKE) is one of the 22 stocks Jim Cramer recently talked about. Discussing a “story about Vietnam” and tariffs, Cramer commented:
“Today, we found out that the Vietnam tariff would only be 20%, not great, but certainly less than what Trump proposed on Liberation Day. We all knew that Nike moved a lot of stuff to Vietnam, and that was the easy story, hence why it shot up 4% today on top of a lot of other points since it reported.”
NIKE, Inc. (NYSE:NKE) designs, produces, markets, and sells athletic footwear, apparel, equipment, and related services. The company’s products are developed for a range of specific sports. On May 29, Cramer extensively commented on the company as he said:
“When Nike last reported in March, the results were solid enough, but management also hit us with a pretty dour outlook, talking about a revenue decline in the low to mid-teens for the current quarter, wow, with a 400, 500 basis point decline in gross margins. Oh man, that’s terrible…
I’m conflicted on Nike. On the positive side, the new CEO has a clear strategic plan to turn things around by focusing on running, basketball, football, training, and sportswear…
I simply think that the stock is more de-risked than it’s been in quite some time after two consecutive kitchen sink quarters where management did everything they could to reset expectations… All that said, while there are real positives here, including indications that China’s actually stronger than you would expect, I find it hard to get too bullish on Nike because this brand just ain’t what it used to be. In particular, I worry about the competition in athletic footwear, which has long been Nike’s bread and butter… It also didn’t help that Nike got pretty aggressive with its pricing…
So here’s where I come down on Nike: I believe it can mount a comeback, but I also think that a meaningful complete turnaround could take a longer time than expected. If you’re tempted to play a turnaround here, and I don’t blame you, I would start with a small position. That way, if something else goes wrong, you can buy more into weakness, pyramid style, or you can just cut your losses. And if Nike reports a good quarter with healthy guidance next month, well, you’ll get a chance to capture some upside.
The bottom line: I am optimistic that the worst is indeed behind Nike, or at least will be soon. And I think there’s a good chance for a comeback, especially with a seasoned hands-on Nike veteran like Elliott Hill at the helm. That said, I don’t have a ton of conviction in the turn happening quickly, so I’d advise you to start slowly with a small position and only buy more if Nike gives you a good reason to pull the trigger.”
While we acknowledge the potential of NIKE, Inc. (NYSE:NKE) 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 NKE and that has 100x upside potential, check out our report about this cheapest AI stock.
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