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.”
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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.
6. Altria Group, Inc. (NYSE:MO)
Number of Hedge Fund Holders: 54
Altria Group, Inc. (NYSE:MO) is one of the stocks Jim Cramer was asked about. A caller sought Cramer’s thoughts on the stock during the lightning round, and he commented:
“Okay, I can, you know, I don’t recommend tobacco stocks, but I did as preparation, when I went, did my work for what stocks have been the best over the long term in How to Make Money in Any Market, I was shocked to indeed see that the best is Altria, Philip Morris. I can’t fight it. I can’t fight the returns. I won’t recommend it personally, but I can’t fight it.”
Altria Group, Inc. (NYSE:MO) makes and sells tobacco and nicotine products, including cigarettes, cigars, smokeless tobacco, nicotine pouches, and e-vapor products. A caller inquired about the stock during the June 5 episode, and Cramer replied:
“Alright, but here’s, okay, so I’m going to give you two answers to this because I’ve been trying to change my mind about some things…. I personally would not own Altria. Why? Because I don’t like what they do. Is it a superior stock better than most? The answer is, as I was writing How to Make Money in Any Market, the answer is yes. So you’ve got two answers. It’s up to you. I couldn’t own it for my trust. I couldn’t live with myself.”
5. Viking Therapeutics, Inc. (NASDAQ:VKTX)
Number of Hedge Fund Holders: 43
Viking Therapeutics, Inc. (NASDAQ:VKTX) is one of the stocks Jim Cramer was asked about. Mentioning that they are a long-term shareholder of VKTX, a caller said that they have been observing the bidding war between Novo Nordisk and Pfizer for Metsera. Cramer commented:
“Yeah, I know, and I’ve watched that, and I don’t, I think that Viking would’ve gotten a bid if it didn’t get it yet. I know people are expecting whoever loses in that war that you just mentioned is going to buy Viking. I tell you what, you should buy. You own Eli Lilly. That’s been the winner. The trust owns it. I really like it a lot.”
Viking Therapeutics, Inc. (NASDAQ:VKTX) is a clinical-stage biopharmaceutical company developing therapies for metabolic and endocrine disorders. During the lightning round of September 4, a caller asked about the stock, and Cramer said:
“No, no, no. We have Eli Lilly. Why do we have to settle? Let’s, don’t, don’t go for the raggedy rest. Let’s go for the best.”
4. Equinix, Inc. (NASDAQ:EQIX)
Number of Hedge Fund Holders: 66
Equinix, Inc. (NASDAQ:EQIX) is one of the stocks Jim Cramer was asked about. A caller asked if they should hold, sell, or buy the stock. Here’s what Mad Money’s host had to say:
“No, no… it’s expensive. Your read on it is correct. I find other ways to be able to play cloud and data center that are better, and I think that have, to me, have more certainty to it. So I think you’ve made the right move. No need to put more money in Equinix. As far as I’m concerned, it’s okay, and I like to do better than okay.”
Equinix, Inc. (NASDAQ:EQIX) provides digital infrastructure and data center services that enable global connectivity and digital experiences. A caller asked for Cramer’s advice on the company’s stock during the August 12 episode, and he replied:
“Equinix is still too expensive. That’s the commodity side of this business. I don’t want you in the commodity side. If it came much lower, we would take a really hard look at it.”
3. Realty Income Corporation (NYSE:O)
Number of Hedge Fund Holders: 27
Realty Income Corporation (NYSE:O) is one of the stocks Jim Cramer was asked about. During the episode, a caller inquired if the stock had been oversold, and Cramer replied:
“I think it has. There was a negative note out today that I took note of when I did my briefing for the 10 things that I’m looking at for club members. And I’ve gotta tell you… I was surprised that someone had anything really negative to say. I think this is an opportunity. You know, they pay that monthly, that monthly dividend, which I love so much. I think letter O is right to buy.”
Realty Income Corporation (NYSE:O) is a real estate investment company that provides capital and manages a sizable portfolio of properties. It is also known as “The Monthly Dividend Company.” During the lightning round of the July 23 episode, a caller asked for Cramer’s thoughts on the company, and he responded:
“I gotta tell you, I’m going to have to say no to Realty Income. That doesn’t mean I don’t like it. I like it a lot. You gotta go for growth. Growth is the only safety. You should be looking for a nice return. I mean, I’m talking about stocks like NVIDIA. You should be in NVIDIA even right here. I really think that Realty Income is for people who are a little bit older. What can I say? Hey, it’s good to be young. Nothing wrong with that.”
2. Waste Management, Inc. (NYSE:WM)
Number of Hedge Fund Holders: 75
Waste Management, Inc. (NYSE:WM) is one of the stocks Jim Cramer was asked about. A caller sought advice on whether they should add to their position in WM after the company’s latest earnings report. In response, Cramer said:
“I think you should. Now, the stock was up three today. Seemed, people seemed to realize, wait a second, this thing’s gotten way out of line. It was down and down and down. So what I want you to do is I don’t want you to buy… all at once, okay? Because it could, it was up three today. It could go back down a little. If you want to buy 15, 20, 20 shares, let’s buy five, okay? Maybe 25, buy five, and then stagger it. Don’t buy it all at once because this is a stock that tends to be very, very volatile. So that’s my advice to you.”
Waste Management, Inc. (NYSE:WM) provides waste collection, recycling, and landfill services, along with renewable energy production from landfill gas. Additionally, the company offers specialized services including hazardous waste disposal, secure information destruction, and marketing of recycled materials and compost products.
1. The Procter & Gamble Company (NYSE:PG)
Number of Hedge Fund Holders: 88
The Procter & Gamble Company (NYSE:PG) is one of the stocks Jim Cramer was asked about. A caller asked what they should be doing with their position in the stock, and Cramer replied:
“I’ll tell you it’s really tough because I have historically not done badly buying Procter & Gamble at the 52-week low. And I do think that if I wanted to start a position, I would wait. It’s a 2.87% yield. If it got to 3% yield, and I wanted to buy a hundred shares, I’d buy my first 25, and I’d buy it staggered to yield. Another 25 at three and a quarter, another 25, three and a half. Like that. And then if we get to four, you may have to buy more, but I’ve gotta tell you, you won’t go wrong starting a position at the low for Procter & Gamble.”
The Procter & Gamble Company (NYSE:PG) produces consumer goods, including personal care, grooming, health, fabric, home, and baby products under brands like Pantene, Gillette, Crest, Tide, Pampers, and Bounty.
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