In this piece, we will look at the stocks Jim Cramer recently discussed.
In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer discussed the evolving business environment under the Trump administration. The President made headlines last week when he demanded that Intel CEO Lip-Bu Tan resign due to his ties with China. However, Cramer also discussed industrial firms and mentioned that their leadership is a constant visitor at the White House. “We have the largest industrials coming to the White House constantly,” said Cramer. “I’ve never seen anything like it. I’ve never seen anything like it. But there’s a lot of things any thing like,” he added.
Cycling back to Tan, Cramer also remarked that the fact that the most valuable companies accounted for a large portion of the S&P 500 index meant that “they have to be the best ten stocks in the world.” He also stressed wanting “to find out more about Lip-Bu Tan, because this is a person’s life. You gotta be a little more, I want to be known as someone who’s a little more circumspect.” Since then, the President has changed his mind about the Intel CEO and called him a “success.” Tan’s “success and rise is an amazing story,” said Trump. “Mr. Tan and my Cabinet members are going to spend time together, and bring suggestions to me during the next week,” he added.
Our Methodology
To make our list of the stocks that Jim Cramer talked about, we listed down the stocks he mentioned during CNBC’s Squawk on the Street aired on August 7th.
For these stocks, we also mentioned the number of hedge fund investors. 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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
9. Fortinet, Inc. (NASDAQ:FTNT)
Number of Hedge Fund Holders In Q1 2025: 62
Fortinet, Inc. (NASDAQ:FTNT) is a cybersecurity company that offers firewalls, application encryption, secure web gateways, and other associated products. Its shares have lost 17% year-to-date after they sank by a stunning 24.8% earlier this month second quarter earnings. Investors panicked after Fortinet, Inc. (NASDAQ:FTNT) revealed during the report that it might have already accounted for as much as 50% of its firewall upgrade cycle. The revelation forced investors to recalibrate their growth estimates for Fortinet, Inc. (NASDAQ:FTNT). Cramer commented on the drop and the lack of firewall growth:
“They missed big. Cybersecurity miss. We tend not to have any. They did a new iteration, no one was really excited about it. You can’t have a not great cybersecurity company, cause they’re all valued on amazingly high revenues.”
Here are his earlier thoughts about Fortinet, Inc. (NASDAQ:FTNT):
“No, we don’t want Fortinet. We’re going to wait till CrowdStrike reports. It’s going to go down because that’s what always happens, and then you’re going to snatch some CrowdStrike.”
8. Palo Alto Networks, Inc. (NASDAQ:PANW)
Number of Hedge Fund Holders In Q1 2025: 77
Palo Alto Networks, Inc. (NASDAQ:PANW) is a diversified cybersecurity company that provides network security management, cloud protection platforms, firewalls, and other security products and services. Its shares have lost 3% year-to-date, on the back of a 15% dip in late July, which occurred after the firm announced a massive $25 billion acquisition. The deal is for a cybersecurity company CyberArk Software, and investors were concerned whether it might cause a dilution in Palo Alto Networks, Inc. (NASDAQ:PANW)’s shares. In his earlier comments about the firm, Cramer mentioned that since the shares were trading below $210, it appeared to be a good time to buy. He’s a believer in Palo Alto Networks, Inc. (NASDAQ:PANW) despite the recent share price dips, as he simply remarked:
“Palo Alto by the way, I still like.”
Here are Cramer’s earlier thoughts about Palo Alto Networks, Inc. (NASDAQ:PANW):
“Palo Alto is a buy here. We were going to buy some for the Charitable Trust. I can’t emphasize enough. This stock is now down from 210, I think you got a real good idea.”
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