On Monday’s episode of Mad Money, host Jim Cramer talked about the market’s strong rebound after last week’s sell-off, pointing out that much of the recovery came from a wave of buying in high-risk stocks.
“Today we got a do-over… It occurred after the misery of Liberation Day, and now we just got our second do-over in one year… There’s just one problem. As tremendous as today’s rally was, the market didn’t come all the way back, not nearly. And the stocks that did come roaring back were the most speculative ones, the names that I’m most worried about.”
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Cramer said that the concern was the type of stocks driving the recovery. He emphasized that the biggest gains came from the most speculative names, the ones that worry him the most. He referred to it as yet another example of what he has been calling “the year of magical investing,” where speculative stocks once again outperformed more established names. He noted that it has been evident, especially since last Friday, when markets were rattled by the president’s announcement of a 100% tariff policy.
“The bottom line: I don’t love a day like today because the speculative stocks make for bad leadership. It’s much more encouraging when the tried and true do the leading, even if the tried and true means the Magnificent Seven and their fellow travelers.”
Our Methodology
For this article, we compiled a list of 6 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on October 13. 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 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
6 Stocks on Jim Cramer’s Radar
6. Freeport-McMoRan Inc. (NYSE:FCX)
Number of Hedge Fund Holders: 96
Freeport-McMoRan Inc. (NYSE:FCX) is one of the stocks on Jim Cramer’s radar. Pointing to its large Indonesian copper and gold mine, growing copper demand, and rising gold prices, a caller asked about the company. In response, Cramer remarked:
“Yeah… look, the stock, everyone just thinks that Indonesia is going to expropriate the mine. I don’t think so. I think you’re fine in the stock.”
Freeport-McMoRan Inc. (NYSE:FCX) is a mining company that produces copper, gold, molybdenum, silver, and other metals. During the June 26 episode, Cramer mentioned the company and said:
“Then it was Freeport-McMoRan, that’s the copper miner. Copper’s been a loser for years, but periodically, the Chinese order tons of it, or we buy it in bulk for the data centers. I don’t want to own Freeport, even as copper is up 25% for the year. Freeport is a trading vehicle, and we don’t do that around here, but it certainly demonstrates the diversity of this top 10 list.”
5. FactSet Research Systems Inc. (NYSE:FDS)
Number of Hedge Fund Holders: 36
FactSet Research Systems Inc. (NYSE:FDS) is one of the stocks on Jim Cramer’s radar. During the lightning round, a caller asked about the company, and Cramer said:
“Yeah, what the hell is this? It’s down, it’s at 15 multiple, I’m not going to tell you to sell a stock down at 15 multiple. I like it. Can’t tell you to buy it, but holy cow, it’s way too cheap.”
FactSet Research Systems Inc. (NYSE:FDS) provides financial data, analytics, and digital solutions that support investment research, portfolio management, and risk analysis. Baron Focused Growth Fund stated the following regarding FactSet Research Systems Inc. (NYSE:FDS) in its second quarter 2025 investor letter:
“Within Financials, modest declines from specialty insurer Arch Capital Group Ltd. and investment management tools provider FactSet Research Systems Inc. (NYSE:FDS) weighed on performance, overshadowing strong performance from leading online brokerage house Interactive Brokers Group, Inc. FactSet‘s shares detracted from performance despite above consensus fiscal Q3 earnings and upbeat commentary from management about prospects for the remainder of fiscal 2025. The stock experienced some volatility following the announcement that longtime CEO Phil Snow will retire later this year. However, remarks on a recent earnings call emphasized that this was a personal decision unrelated to company performance. We retain long-term conviction in FactSet given its large addressable market, strong execution across both new product development and financial results, and robust free cash flow generation.”
4. The Southern Company (NYSE:SO)
Number of Hedge Fund Holders: 48
The Southern Company (NYSE:SO) is one of the stocks on Jim Cramer’s radar. When a caller expressed that they want to take some profit in the stock, Cramer commented:
“You gotta take some Southern off the table. Why? Because Southern’s a utility stock that has just hasn’t shot up this much since it was Commonwealth & Southern in the ‘30s. My tip of the hat, by the way, to my friend Andrew Ross Sorkin, whose book 1929’s coming out, and that’s when you would find out how big Commonwealth & Southern was at one point.”
The Southern Company (NYSE:SO) produces and supplies electricity and natural gas and manages energy infrastructure. In addition, the company develops renewable projects, microgrids, and digital network solutions. While discussing his fantasy stock portfolio, Cramer mentioned the stock during the September 5 episode and said:
“Typically, I go with something healthcare here, but that group is down in the dumps right now. So instead I’ve got a kind of a new one, a growth utility, Southern Company. That’s right. Utilities are classic defensive names. Even in a softer economy, everybody has to pay their gas and electric bills. Usually, these are slow and steady stocks with generous dividends but anyone who’s been paying attention over the past couple years knows that things are changing in the sector.
With the advent of AI and the great data center buildout, we’re seeing tremendous growth in demand for electricity. So suddenly many utilities are traded like growth stocks, and that includes Southern Company with regulated electric utilities serving about 4.5 million customers in three states, regulated gas utilities serving roughly 4.4 million customers in four states. Now at the same time, this is also a competitive power generation company and a leading distributed energy infrastructure company…
For years, Southern Company had an overhang from a gigantic nuclear power plant construction project in Georgia… The overruns were outrageous, billions and billions dollars over budget. But that project was finally completed a year and a half ago. Ever since then, the stock’s been on fire, especially with Southern Company’s all about the Southeast where we’re seeing a lot of new manufacturing. It doesn’t hurt, it pays 3.2% yield. So what’s the NFL tight end equivalent for Southern Company? Oh, well, that is easy. It’s Las Vegas Raiders, Brock Powers.”
3. 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. A caller asked if Cramer thinks the stock is still a good investment going forward, and he replied:
“I think Dutch Bros, the decline is actually creating that opportunity now. It does have a very high price-to-earnings multiple. At the same time, I do feel that this is a growth company that’s going regional and national, and therefore, it can be bought right here. You buy some and then you wait till the 40s if it goes down there. And that’s the way I’d play it.”
Dutch Bros Inc. (NYSE:BROS) operates and franchises drive-thru coffee shops that provide beverages under the Dutch Bros and Blue Rebel brands. During the September 25 episode, a caller inquired about the stock, and Cramer replied:
“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.”
2. Bloom Energy Corporation (NYSE:BE)
Number of Hedge Fund Holders: 43
Bloom Energy Corporation (NYSE:BE) is one of the stocks on Jim Cramer’s radar. Cramer discussed the company’s deal with Brookfield, as he stated:
“Away from the AI data center complex, the rest of today’s big winners were some of the most speculative stocks out there. The leader Bloom Energy, that’s an extraordinary company that can convert fuels like hydrogen or natural gas into energy without combustion. There… [has] been a great deal of skepticism about this one, and Bloom’s been working on it for the better part of a quarter of a century.
It seems to have come into its own, given that Brookfield, a very talented investor in energy and infrastructure, just announced a $5 billion partnership with Bloom to provide energy to, you guessed it, the data center. I mean, wow. This fuel cell verification took the heads of the myriad short sellers, 18% of this float was short, and cut their heads off. Encouraged a host of chasing investors to go back to the speculative favorites.”
Bloom Energy Corporation (NYSE:BE) develops and installs solid-oxide fuel cell systems that generate electricity from natural gas, biogas, or hydrogen without combustion. The company also provides electrolyzers for hydrogen production.
1. Broadcom Inc. (NASDAQ:AVGO)
Number of Hedge Fund Holders: 156
Broadcom Inc. (NASDAQ:AVGO) is one of the stocks on Jim Cramer’s radar. Cramer mentioned the company’s deal with OpenAI, as he commented:
“We got this gigantic deal between semiconductor kingpin Broadcom and OpenAI. To put it in plain English, OpenAI is going to design chips made by Broadcom for the equivalent of 18 Hoover Dams’ worth of electricity. That’s how they measure these things these days. Okay, stupendous… Broadcom is a $1.7 trillion semiconductor and networking company with a software kicker that, I don’t know, no one ever talks about. It rarely gets the attention it deserves… The stock shot up nearly 10% in response. This is just the latest in a string of big data center deals that make me real glad we own Broadcom for the Charitable Trust.”
Broadcom Inc. (NASDAQ:AVGO) designs and supplies semiconductor and infrastructure software solutions that are used in networking, telecommunications, data centers, and consumer electronics.
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