On Tuesday’s episode of Mad Money, host Jim Cramer addressed the recent declines in consumer-facing stocks and the growing unease about market valuations.
“We keep hearing about how the stock market’s valuation has reached excessive levels. And as I said at the top of the show, some segments of the market are overvalued. We have plenty of people worried about bubbles. It’s always possible. We’ve been up for a long time, a major move since Liberation Day lows. When I went to bed, the averages looked tame last night.”
READ ALSO: Jim Cramer Discussed 9 Stocks Related to the AI Space and Jim Cramer Recently Commented on These 12 Stocks.
Cramer noted, by the time he got up at 3:00 a.m., everything had turned sharply lower. He said that “everything was drenched in red ink,” due to the early-morning reversal to a steep decline in Palantir’s stock, calling it a “bellwether” of high-growth trading and investing. Still, he remarked that such bubble-like activity has simply become part of how the market operates. He added, “The cruise lines, oh my, unbelievable, horrible,” and noted that apparel stocks have become a “disaster” and that food companies have also suffered declines.
“Let’s not forget that many other stocks are going down on good numbers, and that’s downright worrisome. Usually, when high-quality stocks get hit, it’s a buying opportunity. But in this market, it just seems to be an invitation to attend your own funeral.”
Our Methodology
For this article, we compiled a list of 8 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on November 4. 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).
8 Stocks Jim Cramer Was Asked About
8. ProFrac Holding Corp. (NASDAQ:ACDC)
Number of Hedge Fund Holders: 8
ProFrac Holding Corp. (NASDAQ:ACDC) is one of the stocks Jim Cramer was asked about. A caller asked about the stock during the lightning round, and Cramer stated:
“No, no. This is fracking, and I’m really anti the oils right now. I think they’re all going lower. I do not want to touch them. I am so sorry.”
ProFrac Holding Corp. (NASDAQ:ACDC) provides hydraulic fracturing, well stimulation, and proppant production services for oil and gas exploration and production. In addition, the company manufactures high-horsepower pumps, valves, manifolds, and other equipment for energy operations. On October 17, Morgan Stanley analyst Daniel Kutz reduced the price target on the stock from $5 to $4.50, while maintaining an Underweight rating.
The price revision came as the firm is updating its price targets for stocks in the Energy Services & Equipment North America sector. The firm expects ProFrac Holding Corp.’s (NASDAQ:ACDC) Q3 results and its Q4 guidance to align with consensus, but noted potential risks to 2026 performance estimates.
7. Zoom Communications Inc. (NASDAQ:ZM)
Number of Hedge Fund Holders: 48
Zoom Communications Inc. (NASDAQ:ZM) is one of the stocks Jim Cramer was asked about. A caller inquired about the stock, noting that it is gaining traction and has a P/E ratio of approximately 22. In response, Cramer said:
“Look, I think Zoom is a good company. It’s got consistent cash flow. It’s doing fine. I just lack a catalyst about why to recommend it, so therefore, I’m going to take a pass.”
Zoom Communications Inc. (NASDAQ:ZM) provides an AI-based work platform with video meetings, phone, chat, and collaboration tools like Zoom Docs and Whiteboard. A caller asked about the stock during the May 19 episode and Cramer responded:
“I think Zoom’s last quarter was actually pretty good. They do have some good apps. My stepson worked there in fairness to fully disclose and I really like them very much and I think they’re doing a lot right, but it’s taken them a very long time.”
It is worth noting that the company’s stock price has remained almost unchanged since the above comment was aired.
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