In this article, we will list the 5 Cheap Jim Cramer Stocks to Invest In Right Now. Please visit 10 Cheap Jim Cramer Stocks to Invest In Right Now if you’d like to see the extended list and the methodology behind it.
5. Kimberly-Clark Corporation (NASDAQ:KMB)
Forward P/E: 13.68
Number of Hedge Fund Holders: 59
Kimberly-Clark Corporation (NASDAQ:KMB) is one of the 10 cheap Jim Cramer stocks to invest in right now.
At the 23rd annual dbAccess Global Consumer Conference, on June 4, 2026, Kimberly-Clark Corporation (NASDAQ:KMB) showcased strong momentum driven by its Powering Care strategy. It highlighted nine quarters of consistent volume and share growth. The company highlighted product premiumization, elevating Huggies to 80% premium tier in the U.S., while effectively increasing offerings for value customers across the world. During the presentation, Kimberly-Clark Corporation (NASDAQ:KMB) also addressed its financial position, claiming that the company is tracking ahead on its $3 billion productivity program, having already delivered 56% of its target. Led by double-digit growth in Brazil, Indonesia, Vietnam, and Korea, international markets also saw stellar performance. Looking ahead, major network automation investments are anticipated to improve productivity gains starting in 2027.
In another development, on June 8, 2026, Kimberly-Clark Corporation’s (NASDAQ:KMB) Pull-Ups®, a leading brand of children’s potty-training pants, debuted Learning Layer™ technology in Canada for the purpose of building awareness and confidence during training. As per the company’s press release, the innovation briefly delays fluid absorption, allowing toddlers to feel wetness to help them learn the difference between wet and dry.
In his Mad Money show, on June 2, 2026, Jim Cramer identified Kimberly-Clark Corporation (NASDAQ:KMB) as one of the potential winners when the market’s interest in tech fades:
These are the stocks that will start going higher if tech retreats. You’ll wish you had some of these when the time comes and the momentum tech stocks run out of, well, momentum.
Founded in 1872, Kimberly-Clark Corporation (NASDAQ:KMB) is a global company focused on personal care products and solutions. Based in Texas, the company operates through two segments: North America and International Personal Care.
4. The Kraft Heinz Company (NASDAQ:KHC)
Forward P/E: 11.19
Number of Hedge Fund Holders: 60
The Kraft Heinz Company (NASDAQ:KHC) is one of the 10 cheap Jim Cramer stocks to invest in right now.
On June 3, 2026, The Kraft Heinz Company (NASDAQ:KHC) presented at the 23rd annual dbAccess Global Consumer Conference, outlining a growth-focused agenda. As part of the agenda, the company mentioned that it is redirecting $600 million from a paused separation toward incremental brand investment. The Kraft Heinz Company’s (NASDAQ:KHC) strategy involves allocating 5.5% of net sales to marketing and 1% to R&D, targeting commercial levels as well as pricing strategies. With market share losses shrinking from 90 bps to 20 bps, and over half of its categories now holding or gaining share, the company’s early results show significant progress. The company is prioritizing major brand innovations, such as Capri Sun packaging updates. It also places importance on surgical value interventions and strategic retailer partnerships to induce long-term organic top-line growth.
In another development that same day, Bernstein downgraded The Kraft Heinz Company (NASDAQ:KHC) from Market Perform to Underperform, with a price target of $21, down from $25. The company cited the new CEO Steve Cahillane’s announcement of a $600 million investment in marketing, price cuts, and renovations. It pushes 2026 leverage to 3.8 times amid commodity inflation, raising questions about the strategy’s sustainability, according to the firm.
Cramer expressed positive views on The Kraft Heinz Company (NASDAQ:KHC), calling the company’s CEO a miracle worker:
I want to take on the risk of owning Kraft Heinz with CEO Steve Cahillane, the miracle worker who made you a huge amount of money with Kellogg… I hope he can pull it off and save the dividend. Currently yields 6.85%.
Founded in 2015, The Kraft Heinz Company (NASDAQ:KHC), through the mega-merger of Kraft Foods Group and H.J. Heinz Holding Corporation, is a global packaged food giant. Headquartered in Pennsylvania, the company manufactures iconic consumer brands including Heinz, Kraft, Philadelphia, Lunchables, and Oscar Mayer.
3. CVS Health Corporation (NYSE:CVS)
Forward P/E: 13.33
Number of Hedge Fund Holders: 84
CVS Health Corporation (NYSE:CVS) is one of the 10 cheap Jim Cramer stocks to invest in right now.
The New York Times, in an article published on June 11, 2026, pointed to two federal reports from the Department of Health and Human Services and stated that CVS Health Corporation (NYSE:CVS) and other major Medicare Advantage insurers, including UnitedHealth and Humana, have frequently denied necessary rehabilitation care to older Americans. The article highlighted that these top providers rejected roughly 13% of patient requests for skilled nursing facility admissions to lower costs. The denial rate reached 40% for existing nursing home residents. David Whitrap, a spokesman for CVS Health Corporation (NYSE:CVS), said that the company evaluates requests promptly and provides a transparent procedure for appeals:
Our priority is helping patients get the care they need without unnecessary delays.
Prior to this, the stock received a price target revision on June 8, 2026, when Mizuho raised its estimates on CVS Health Corporation (NYSE:CVS) from $110 to $115. The firm maintained an Outperform rating on the stock. Mizuho expects a more stable, predictable policy environment to reduce policy-related regulatory surprises. The firm believes that the shift allows investors to focus on sector fundamentals, pricing recovery, and embedded earnings power.
Cramer has consistently praised David Joyner, President and CEO of CVS Health Corporation (NYSE:CVS).
David Joyner he’s come in, he solved Aetna. And he’s basically just said, if you go through his deck, which was a brilliant deck… he’s turned it into a healthcare powerhouse.
Founded in 1963, CVS Health Corp. (NYSE:CVS) operates as a health solutions company. Based in Rhode Island, the company operates under multiple segments, including Health Care Benefits, Health Services, Pharmacy & Consumer Wellness, and Corporate/Other.
2. Chevron Corporation (NYSE:CVX)
Forward P/E: 11.83
Number of Hedge Fund Holders: 103
Chevron Corporation (NYSE:CVX) is one of the 10 cheap Jim Cramer stocks to invest in right now.
On May 21, 2026, Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE:CVX), launched its next-generation Techron fuel additive across all grades at Chevron and Texaco stations nationwide. The scientifically tested reformulation is designed to protect engines from harmful deposits caused by lower-quality fuels. In addition to long-term efficiency, the reformulation also maximizes performance. When used consistently, the updated formula can clean up to 100% of existing engine deposits. According to Andy Walz, president of Chevron Downstream, Midstream, and Chemicals, the innovation strengthens Chevron Corporation (NYSE:CVX)’s focus on fuel quality and exceeds standard industry requirements to support modern engine needs.
In a separate event, on May 27, 2026, Mizuho raised its price target on Chevron Corporation (NYSE:CVX) from $225 to $230 and maintained an Outperform rating on the stock. Expecting a prolonged crisis with Iran, the firm raised its 2026/2027 oil price outlook and refining crack forecasts. The firm’s analyst noted that the reduced stock valuations create investor opportunities in U.S. oil and gas.
Earlier, on May 12, 2026, Cramer shared his positive view on Chevron Corporation (NYSE:CVX):
The last time oil was at these prices, Chevron was dramatically higher, but you do get a 3.8% yield and they have great cash flow. Mike Wirth is running it, and I’m gonna say, pull the trigger.
Founded in 1879, Chevron Corporation (NYSE:CVX) operates as a fully integrated energy company, producing crude oil and natural gas, manufacturing fuels, lubricants, and petrochemicals, and developing technologies aimed at improving efficiency across its operations and the broader energy industry. The company’s headquarters is in Texas.
1. JPMorgan Chase & Co. (NYSE:JPM)
Forward P/E: 14.84
Number of Hedge Fund Holders: 131
JPMorgan Chase & Co. (NYSE:JPM) is one of the 10 cheap Jim Cramer stocks to invest in right now.
On June 15, 2026, following the recent expansion to Europe, JPMorgan Chase & Co. (NYSE:JPM) expanded its 10-year, $1.5 trillion Security and Resiliency Initiative (SRI) to Canada. The initiative funds critical industries like defense and supply chains. Over the past five years, the company has nearly doubled its Canadian franchise revenue.
Separately, on June 10, 2026, Reuters reported that U.S. District Judge Jed Rakoff dismissed a lawsuit against JPMorgan Chase & Co. (NYSE:JPM), Barclays, and Fifth Third. Investors accused the banks of ignoring “giant red flags” while fraudulently marketing over $270 million in asset-backed notes for subprime auto lender Tricolor between April 2022 and June 2025. Plaintiffs, including Janus Henderson, alleged the banks were engaged in Ponzi-like fraud even though the audits in 2022 and 2024 revealed falsified cash flows in Tricolor. The banks successfully argued the claims amounted to mere negligence rather than intentional fraud and subsequently secured the dismissal.
In his Mad Money show, on June 2, 2026, Jim Cramer acknowledged JPMorgan Chase & Co. (NYSE:JPM) as the best bank in the world:
If you’re looking for a fortress, I like the stock of JPMorgan here. It’s got balanced growth, sells for only 13 times earnings. It’s the best bank in the world… You can buy JPMorgan and put it away.
Founded in 1799, JPMorgan Chase & Co. (NYSE:JPM) is a global financial services company. It offers retail banking, investment banking, asset management, and credit services to consumers, businesses, and large institutional clients. The New York-based company operates through the JPMorgan and Chase brands.
While we acknowledge the potential of JPM to grow, our conviction lies in the belief that some 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 JPM and that has 100x upside potential, check out our report about the cheapest AI stock.
READ NEXT: 10 Safest Dividend Stocks to Buy Right Now and Chase Coleman’s Tiger Global Portfolio: 10 Best Stocks to Buy
Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email below.
