10 Jim Cramer Stocks to Buy in Q1 2022

Published January 19, 2022 at 8:56 am EST Updated August 19, 2026 at 7:01 am EDT

In this article, we discuss the 10 Jim Cramer stocks to buy in Q1 2022.

Investors have been scrambling to identify the “real value” of stocks as reports suggest that as many as four interest rate hikes by the Federal Reserve are on the horizon for 2022. Growth-heavy portfolios, the darlings of the pandemic, have quickly started losing money as the market shifts in the direction of value plays. At this confusing yet crucial juncture, many young investors, still new to the market, are looking to Jim Cramer, the host of Mad Money on CNBC and a former hedge fund manager, for advice.

Cramer rose to prominence in the finance world through a successful career in the hedge fund industry where he averaged a return rate of around 24% over fourteen years as a fund manager, making a record-breaking 36% return at the turn of the millennium during the height of the dotcom boom. Since retiring, Cramer, a big believer in disruptive tech, has amassed a huge fan following on television and social media. As growth investors stumble, many are looking to the experience of Cramer to guide them through the storm.

Cramer gives out his overall view on the economy through his Mad Money show on CNBC regularly. Some of the Jim Cramer stocks to buy in Q1 2022, per his latest calls on the show, include Uber Technologies, Inc. (NYSE:UBER), Adobe Inc. (NASDAQ:ADBE), and Citigroup Inc. (NYSE:C), among others discussed in detail below.

Our Methodology

These were picked keeping in mind the latest calls that Cramer made on these equities on his Mad Money show aired by news platform CNBC.

10 Jim Cramer Stocks to Buy in Q1 2022

Jim Cramer Stocks to Buy in Q1 2022

10. BioMarin Pharmaceutical Inc. (NASDAQ:BMRN)

Number of Hedge Fund Holders: 44

BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) makes and sells therapies for people with life-threatening rare diseases. Jim Cramer is bullish on BioMarin Pharmaceutical Inc. and discussed the growth catalysts for the company during his show on January 11. BioMarin Pharmaceutical Inc. is conducting one of the largest ever study of Hemophilia A patients and Phase III trials for a promising treatment, Roctavian, are underway in this regard. In the coming months, BioMarin Pharmaceutical Inc. also has a $3 billion market opportunity for selling an achondroplasia treatment.

Hedge funds seem exceedingly bullish on BioMarin Pharmaceutical Inc. as well. At the end of the third quarter of 2021, 44 hedge funds in the database of Insider Monkey held stakes worth $1.4 billion in BioMarin Pharmaceutical Inc., the same as in the preceding quarter worth $1.3 billion.

Just like Uber Technologies, Inc., Adobe Inc., and Citigroup Inc., BioMarin Pharmaceutical Inc. is one of the stocks on the radar of elite investors.

In its Q1 2021 investor letter, ClearBridge Investments, an asset management firm, highlighted a few stocks and BioMarin Pharmaceutical Inc. was one of them. Here is what the fund said:

“The Strategy closed out of five positions (including BioMarin). We sold BioMarin Pharmaceutical after a number of its clinical catalysts had played out.”

9. Roblox Corporation (NYSE:RBLX)

Number of Hedge Fund Holders: 50

Roblox Corporation (NYSE:RBLX) has been touted as one of the best plays for the metaverse future. Hedge funds largely concur with this bullish view of the company. At the end of the third quarter of 2021, 50 hedge funds in the database of Insider Monkey held stakes worth $3.5 billion in Roblox Corporation, up from 49 in the previous quarter worth $4.9 billion.

While answering a question on the Lightning Round segment of his show on January 7, the journalist investor underlined that he was willing to stick with Roblox Corporation through a difficult period for growth stocks in general because the firm was “an original, terrific way to play the metaverse”.

In its Q2 2021 investor letter, Guardian Fund, an asset management firm, highlighted a few stocks and Roblox Corporation was one of them. Here is what the fund said:

“The wonder-tale stories of children’s books show us that there are infinite possibilities of stories and worlds. The metaverse, the idea that describes the shared 3D spaces in a virtual universe, is enabling people to create fiction. Over the past six months, we initiated a new investment in Roblox. The firm was founded in 1989 by David Baszucki and Erik Kassel when they programmed a physics lab where students could study how cars would crash.

Today, Roblox Corporation has become a leading platform with a mission to build a human co-experience that enables billions of users to play, learn, and build friendships in the metaverse. Recent advances in cloud computing, computing devices, and machine learning, enable the materialization of the metaverse. Take what we have in virtual reality today and fast-forward a few decades. Humans will be able to experience unimaginable things and in a couple of millennia virtual economies are likely to become bigger than the physical trade on planet Earth.

Over the first quarter of 2021, Roblox Corporation reported 140% revenue growth, 42.1 million daily active users, and 9.7 billion engaged hours. The opportunity for this platform is massive.”

8. Devon Energy Corporation (NYSE:DVN)

Number of Hedge Fund Holders: 50

During the Guest Interview segment of his show on January 12, Cramer spoke about Devon Energy Corporation (NYSE:DVN) and highlighted key catalysts that were likely to help the company register another solid year of growth in 2022 after being the best performing S&P 500 stock in 2021. Cramer discussed the merger of Devon Energy Corporation with energy firm WPX and how the deal would help the former realize synergies and combine attractive assets. The focus on sustainability and the various programs that Devon Energy Corporation energy was pursuing in this regard were also discussed.

The mini boom for the energy sector and companies like Devon Energy Corporation has turned heads in the hedge fund industry as well. Among the hedge funds being tracked by Insider Monkey, Wyoming-based investment firm Adage Capital Management is a leading shareholder in Devon Energy Corporation with 7.5 million shares worth more than $219 million.

Cramer’s picks like Devon Energy Corporation, Uber Technologies, Inc., Adobe Inc., and Citigroup Inc. are also famous among hedge funds.

In its Q4 2020 investor letter, GoodHaven Capital Management, an asset management firm, highlighted a few stocks and Devon Energy Corporation was one of them. Here is what the fund said:

“After a rough start to the year our two biggest energy holdings – WPX Energy rebounded materially in the last six months though energy was still our biggest detractor for the year. I’ve previously written about deciding earlier this year to direct new capital towards better businesses versus adding more to the energy sector, but given the material optionality at WPX, we opted to maintain a material exposure. Recently WPX announced an all stock merger with a larger competitor – Devon Energy Corporation – which will leave the new company with plenty of cash flow at lower oil prices, less leverage, and material upside to higher commodity prices.”

7. DexCom, Inc. (NASDAQ:DXCM)

Number of Hedge Fund Holders: 53

DexCom, Inc. (NASDAQ:DXCM) makes and sells healthcare equipment. It is one of the favorite health stocks among hedge funds. At the end of the third quarter of 2021, 53 hedge funds in the database of Insider Monkey held stakes worth $1.7 billion in DexCom, Inc., up from 49 in the previous quarter worth $1.6 billion.

Cramer discussed DexCom, Inc. during his show on January 10 and underlined the bull case for the firm. One of the primary reasons to invest in DexCom, Inc. is a the launch of a new generation of a glucose monitoring system that the company says will bring people further away from prickly needles as the standard care for diabetes.

In its Q4 2020 investor letter, Carillon Tower Advisers, an asset management firm, highlighted a few stocks and DexCom, Inc. was one of them. Here is what the fund said:

“DexCom, Inc. , a developer and manufacturer of continuous glucose monitors (CGMs) for people with diabetes, saw its share price suffer in the quarter after an announcement from its largest competitor that it had finally developed a CGM that appears to be competitive with Dexcom’s flagship G6 sensor. Until the competitive dynamics are sorted out, we feel as though the firm’s shares could remain range-bound, leading us to exit the position.”

DexCom is also popular among elite money managers, just like Uber Technologies, Inc., Adobe Inc., and Citigroup Inc..

6. Oracle Corporation (NYSE:ORCL)

Number of Hedge Fund Holders: 56

Oracle Corporation (NYSE:ORCL) provides enterprise cloud computing and information technology services. On January 7, while discussing the future prospects of Oracle Corporation on the Discussed Stock segment of his television show, Cramer underlined that the purchase of Cerner by Oracle had resulted in a negative reaction from Wall Street that had led to a pullback in the share price. He identified the pullback as an “amazing” opportunity to pick up the shares in “cheap” given the strong fundamentals of Oracle Corporation.

Oracle Corporation has featured among the favorite hedge fund stocks for many years now. At the end of the third quarter of 2021, 56 hedge funds in the database of Insider Monkey held stakes worth $3.4 billion in Oracle Corporation, up from 55 in the preceding quarter worth $2.8 billion.

Alongside Uber Technologies, Inc., Adobe Inc., and Citigroup Inc., Oracle Corporation is one of the stocks attracting the attention of hedge funds.

Here is what Ariel Investments has to say about Oracle Corporation in its Q1 2021 investor letter:

“A temporary factor might be a downturn in the high-yield bond market driving up LBO financing costs for the decline in 2021 GAAP revenue for Oracle Corporation (ORCL) due to a change in accounting methods. In all these examples, stock prices were driven well-below our calculations of intrinsic value. We invested in each company with good outcomes. Later, we will offer instances when this strategy is not successful.”

5. ViacomCBS Inc. (NASDAQ:VIAC)

Number of Hedge Fund Holders: 64

ViacomCBS Inc. (NASDAQ:VIAC) is a media and entertainment firm that has underperformed compared to peers in the marketplace over the past few months. However, Cramer seems bullish on ViacomCBS Inc. stock as a new fiscal year gets underway. Cramer noted in show on January 12 that investors were no longer looking for growth stocks but for stocks that were value for money and were backed by solid earnings and dividend histories. He identified ViacomCBS Inc. as one that fit the bill in this regard, noting that the streaming strategy of the firm, with Paramount+ and Pluto, was also praiseworthy.

Hedge funds also agree with Cramer on the near-term prospects of ViacomCBS Inc.. 64 hedge funds in the database of Insider Monkey were long ViacomCBS Inc. at the end of third quarter of 2021 with stakes worth $1.2 billion in the firm.

4. Advanced Micro Devices, Inc. (NASDAQ:AMD)

Number of Hedge Fund Holders: 65

Advanced Micro Devices, Inc. (NASDAQ:AMD) has attracted a lot of hedge fund interest in the past few months as chip prices skyrocket due to supply chain issues and increased demand. Among the hedge funds being tracked by Insider Monkey, Chicago-based investment firm Citadel Investment Group is a leading shareholder in Advanced Micro Devices, Inc. with 19.6 million shares worth more than $2 billion.

Advanced Micro Devices, Inc. stock was recommended as a Buy by Cramer during the Discussed Stock segment of his Mad Money on CNBC show on January 11. The share price of Advanced Micro Devices, Inc. is up 50% in the past year and Cramer said the stock is one that “investors should own and not trade”.

In its Q4 2020 investor letter, Artisan Partners Limited Partnership, an asset management firm, highlighted a few stocks and Advanced Micro Devices, Inc. was one of them. Here is what the fund said:

“We also exited our positions in Advanced Micro Devices. Our investment campaign in Advanced Micro Devices (AMD) began in the second half of 2018, and we have seen a new management team reinvigorate the company’s product portfolio of microprocessors for PCs and servers, graphics processors, and video game consoles. These new, higher-margin products have helped the company partially close its margin gap with peers and capture share from market leader Intel. While we believe there is meaningful runway for further share gains and margin expansion, AMD has appreciated far beyond our mid-cap market cap mandate, and we exited our position.”

3. Citigroup Inc. (NYSE:C)

Number of Hedge Fund Holders: 79

Amid inflation and the prospect of rising interest rates, it is no wonder that Cramer is especially bullish on the finance sector in general and companies like Citigroup Inc. in particular for the next few months. He discussed Citigroup Inc. stock in his show on January 7, talking about the expected market-beating fourth quarter earnings of the bank and underlined that the commentary of the CEO of the firm after earnings could push the stock higher.

There are similarly bullish calls on Citigroup Inc. in the hedge fund universe. Among the hedge funds being tracked by Insider Monkey, Chicago-based investment firm Harris Associates is a leading shareholder in Citigroup Inc. with 28 million shares worth more than $1.9 billion.

In its Q1 2021 investor letter, Artisan Partners Limited Partnership, an asset management firm, highlighted a few stocks and Citigroup Inc. was one of them. Here is what the fund said:

“We fully exited position in Citigroup. Global financial services company Citigroup made a $900 million clerical error and received a public reprimand from federal regulators. This, after a decade focused on process control, information technology and risk systems, makes the error substantially more costly than just the $900 million mistake. Regulators believe the company’s risk management improvements have fallen short of expectations. To rectify the situation, a process and technology spending surge could negatively affect 2021-2022 profits by 10% to 20%. Trust and confidence are important in large financial institutions, and this incident combined with the CEO’s sudden retirement shook ours.”

2. Adobe Inc. (NASDAQ:ADBE)

Number of Hedge Fund Holders: 95

Adobe Inc. is one of the biggest software firms in the world. It has generated a lot of hedge fund interest in the past few months despite a broad correction in growth equities owing to inflation concerns. Ken Fisher’s Fisher Asset Management is a leading shareholder in Adobe Inc. with 6.4 million shares worth more than $3.7 billion.

Jim Cramer is long Adobe Inc.. During his show on January 10, he spoke about the decline in growth stocks as interest rates rose and noted that some growth stocks had become “too cheap to ignore”. He identified Adobe Inc. as an example, noting “price matters” and Adobe Inc. “at $700 a share is very different than Adobe at just $500 a share”.

Here is what Polen Capital has to say about Adobe Inc. in its Q1 2021 investor letter:

“Adobe and Autodesk are both prime examples of the rotation that occurred during the quarter. Both are dominant businesses in their respective markets, which are experiencing structural tailwinds. Despite each business’s position of strength, the stocks of cyclicals and businesses with higher leverage and lower profitability were more favored this past quarter. In stark contrast, Adobe and Autodesk both have low leverage, high levels of profitability, high recurring revenues that mitigate cyclicality, and are both capital-light business models—all attributes we appreciate as investors. Adobe and Autodesk were also two of the top three performers within the Portfolio during 2020.”

1. Uber Technologies, Inc. (NYSE:UBER)

Number of Hedge Fund Holders: 143

Uber Technologies, Inc. has steadily turned bears into bulls over the past few months as it posts small profits for the first time since going public. Altimeter Capital Management is a leading shareholder in Uber Technologies, Inc. with 24 million shares worth more than $1 billion.

Cramer is also bullish about the long-term potential of Uber Technologies, Inc.. He said during his show on January 10 that although the stock was not a “slam dunk”, but the positives were outweighing the negatives. Cramer identified Uber Freight and the advances in autonomous driving as the positives for Uber Technologies, Inc..

RiverPark Advisors, LLC, in its Q4 2020 investor letter, mentioned Uber Technologies, Inc.. Here is what the fund has to say in its letter:

“UBER was also a strong contributor, as shares rallied following the approval of California’s Proposition 22 by voters, allowing the company’s California-based drivers to remain independent contractors (rather than become more expensive employees). We believe this news is not just about the 10%-15% of Uber’s revenue tied to California, but the influence this will have on other states reassessing driver pay. UBER also reported strong third quarter results with Delivery Gross Bookings growing 135% year-over-year which nearly fully offset a reduction in Mobility Gross Bookings, which were down 50% year over year. Total Gross Bookings for the quarter were down only 10% year over year as compared with down 35% last quarter.

Despite the COVID disruption, UBER remains the undisputed global leader in ride sharing (44% of the Company’s third quarter revenue), with greater than 50% share in every major region in which it operates. The company is also a leader in food delivery (46% of revenue), where it is number one or two in the more than 25 countries in which it operates. We view UBER as more than just ride sharing and food delivery, but also as a global mobility platform with the ability to sell to its more than 100 million users (by comparison, Amazon Prime has 130+ million members) and penetrate new markets of on-demand services, such as grocery delivery, truck brokerage and worker staffing for shift work. At its current $96 billion market capitalization, UBER trades at only 6x next year’s revenue from its two core businesses. Additionally, the company has substantial, seemingly unrecognized, value in its several nascent development businesses and another $12 billion in equity stakes in synergistic businesses around the world.”

You can also take a peek at Forget Tesla (TSLA): 10 Cheap EV Stocks to Buy Now and 15 Best Consumer Discretionary Stocks to Buy Now.

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