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 recent controversy surrounding government data after President Trump fired the director of the Bureau of Labor Statistics. When his co-host asked him whether he was paying more attention to private data, Cramer replied:
“I have to. I have to. Because I’m now beginning, I’m not saying we’re the PL, we’re not the PLA, where the numbers are all made up. I’m just saying that I don’t trust this. I don’t trust things with BLS. . .they come back and say listen we don’t have enough people, and we’re like really strapped. Well hello, I can not be strapped. I can go to what’s called websites. And calculate.”
The CNBC TV host then took apart inflation figures and explained:
“I’m just saying that when I look at the companies that I do, for each one of these categories, I’ll give you an example. For the food category. Do you see they’ve got the meat and they’ve got chicken and they’ve got whatever. No, meat is up huge because the herd wasn’t big enough. So I’m giving you some granularity that you don’t get from the whatever this is from the BLS. Drop the ‘L’ part. [On whether food was unchanged] It’s clearly untrue. It’s clearly untrue. Beef is up huge. Everybody knows that.”
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 11th.
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. Expedia Group, Inc. (NASDAQ:EXPE)
Number of Hedge Fund Holders In Q1 2025: 54
Expedia Group, Inc. (NASDAQ:EXPE) is a travel services provider whose shares have gained 12.9% year-to-date. Over the past month, the shares have gained 14% after rising by 8.9% since the firm’s second-quarter earnings. The results saw Expedia Group, Inc. (NASDAQ:EXPE) beat analyst estimates for revenue, earnings, and bookings. Naturally, when his co-host pointed out that Morgan Stanley had added the firm to a list of stocks that would end up suffering because of AI, Cramer was surprised as he commented:
“Expedia just had a great quarter, what are they talking about?”
Here are Cramer’s previous thoughts about Expedia Group, Inc. (NASDAQ:EXPE):
“Look, travel’s been the biggest engine, okay. It’s been the biggest engine of the economy in the last six months. And you can hurt it. I mean we obviously got, we also had some terrible instances with planes. But you can hurt travel and travel’s really, . . . Someone upgraded Expedia yesterday, saying things were fine. But I do think that when you take the best bull market we have and you put chinks in it, we should then scramble. We scramble. Because we are running out of places that have bull markets.”
8. Oklo Inc. (NYSE:OKLO)
Number of Hedge Fund Holders In Q1 2025: 23
Oklo Inc. (NYSE:OKLO) is a nuclear power company that specializes in small modular reactors (SMR). Its shares have gained a whopping 231% year-to-date, with the strong share price performance also shifting Cramer’s views about the stock. While earlier during the year, Cramer was skeptical about Oklo Inc. (NYSE:OKLO), he now believes it is a good speculative play to have in one’s portfolio, provided other, non-speculative stocks are also present. Here are his recent thoughts about the nuclear company:
“Well, I’ve got to tell you, I actually liked them but they were people who wished that they had more contracts. And they referenced the federal government, and you know, they didn’t, I thought it I was good. I happen to like nuke and they’ve got a very, they have a very coherent nuke thing for people who are into speculation, they’re a good spec. . .yeah it’s a very good spec.”
Previously, Cramer discussed Oklo Inc. (NYSE:OKLO)’s share price performance:
“Until this market, I found it very hard to recommend anything… because historically, parabolic moves tend to explode in your face. But you know what? I violated my rule for this market simply because the moves are too big and the opportunities too frequent to pass on all of them. I don’t want you to miss making some big money because of a view that might no longer be relevant. Let’s take some stocks.
Take Oklo, okay. You might have seen them on TV today. Here’s a company that I’m asked about every couple of weeks, one that’s working on new nuclear technology. I felt that the stock’s parabolic run from $21 to $31 was just too steep for me, even as I’m a huge believer in nuclear. Finally, I switched my view and told people to buy it regardless of the parabola because it has just so much going for it. Today, Oklo announced an integrated power solution for data centers, might be worth billions to shareholders. It’s a turnkey solution no one else has. The stock has now doubled since I waived my parabola ban, doubled.”
7. On Holding AG (NYSE:ONON)
Number of Hedge Fund Holders In Q1 2025: 53
On Holding AG (NYSE:ONON) is a Swiss athletic apparel retailer. Its shares have dipped by 19% year-to-date, primarily due to inflationary effects on the demand for its products. However, despite the weak share performance, Cramer has remained upbeat about On Holding AG (NYSE:ONON) as he believes that the firm has the potential to rise from any major setback. Here are his recent thoughts about the firm:
“One of my favorite companies is On Holding. Now it has been stuck in a holding pattern. They reported very good numbers today, the stock was initially up seven, now it’s down. There’s a substantial short position, the shorts have been winning in this battle. I think Roger Federer in the end wins. But it is a very contested group.”
Here are Cramer’s previous thoughts about On Holding AG (NYSE:ONON):
“You know, let me tell you something, the reason why I like the stock is that they have adjusted every time that there’s been a problem. Roger Federer and his team have adjusted, and I think that if there’s really something that’s lasting and negative, they will fix it, which is one of the reasons why I do like On. I am concerned that Nike may be making a comeback and take business from On, but I think On is a decent buy here.”
6. NIKE, Inc. (NYSE:NKE)
Number of Hedge Fund Holders In Q1 2025: 81
NIKE, Inc. (NYSE:NKE)’s shares have gained a modest 3.5% year-to-date as the firm executes a slow and long-drawn turnaround. The shares have gained 22% since late June after the firm’s fiscal fourth quarter earnings beat analyst earnings and revenue estimates. The results convinced investors that NIKE, Inc. (NYSE:NKE) was successfully executing its turnaround. Cramer’s previous comments about the firm have wondered whether it should undergo another round of layoffs. Here are his recent thoughts:
“I also by the way think Nike’s making a comeback. But I know that when you go and you think sneaker, it’s always been a tough run. But these guys are a 16 billion dollar [inaudible] I like them. I really do. I like them.”
Previously, Cramer discussed NIKE, Inc. (NYSE:NKE)’s performance:
“I know. I was expecting, I was thinking that Nike would have another layoff. I think that they’re still too bloated. . . ..I think that the Footlocker buy by Dick’s is an acknowledgement that Footlocker’s getting the right Nikes. I think, but I think they needed another cut. I think they have too many people. That’s out there. I just think it’s still a little too early. I think that industry clustered around Nike, and that Nike no longer seems to have that athletic edge that they once had.”
5. Foot Locker Inc (NYSE:FL)
Number of Hedge Fund Holders In Q1 2025: 26
Foot Locker Inc (NYSE:FL)’s stock has gained 18% year-to-date, primarily on the back of an 85% jump in May that reshaped the narrative surrounding the firm. The reason its shares rose was DICK’S Sporting Goods announcing that it would buy the company. Cramer’s previous comments about Foot Locker Inc (NYSE:FL) have speculated that DICK’S was interested in the firm because of its ability to procure Nike shoes. This time, he commented on the firm in the context of government data about prices:
“They’ve been going to Foot Locker and they had everything and they just were slashing prices as they coordinate with DICK’S. Again, I mean like, go to Old Navy, I just don’t know how to tell people that they should save money, but you can save money.”
Previously, Cramer commented on Foot Locker Inc (NYSE:FL)’s earnings report:
“Foot Locker reported a terrific quarter, much better than expected, as CEO Mary Dillon’s turnaround plan takes hold, aided by Nike’s attempts to repair its relationship with actual shoe stores. Nobody cared too much under the previous CEO. Nike didn’t really care for Foot Locker; they wanted more of an emphasis on direct-to-consumer. It was stupid, and that didn’t work out. But Elliott Hill, the new CEO, is working very closely with Foot Locker. It’s a new Foot Locker. But people were way too gloomy to even notice the same-store sales improvement this morning. That doesn’t make sense. I think it’s a genuine winner. I can go on, and yes, despite all these positives, the stock only gained 89 cents because things are being valued incorrectly.”
4. D-Wave Quantum Inc. (NYSE:QBTS)
Number of Hedge Fund Holders In Q1 2025: 13
D-Wave Quantum Inc. (NYSE:QBTS) is a quantum computing hardware and software company. Its shares have gained a strong 82% year-to-date as investors continue to be bullish about quantum computing’s prospects. One major jump for D-Wave Quantum Inc. (NYSE:QBTS)’s shares came in May after the firm announced that its latest quantum computing system was available for sale. The shares also benefited from a strong first-quarter earnings report, which saw the firm’s revenue jump by a whopping 507% annually. While he has previously cited skepticism about quantum computing, recently, Cramer has changed his mind. Here are his fresh thoughts about D-Wave Quantum Inc. (NYSE:QBTS):
“Well I have D-Wave. I’m doing a quantum bonanza. Call me a believer, in quantum. And I think it’s catching up and doing something. Also by the way, IBM and Google are doing well.
“But I’ve got to tell you, quantum, I cannot believe that I’m a believer, but I am a believer.”
Previously, Cramer advised viewers to consider owning D-Wave Quantum Inc. (NYSE:QBTS):
“I want you to own this D-Wave. Here’s why I want D-Wave because one headline, one little story, and that stock goes up 10 points. I mean, I’m looking at stuff that is going up 10 points on nothing, and D-Wave has the ability to be able to do that because it’s actually a real company.”
3. Alphabet Inc. (NASDAQ:GOOGL)
Number of Hedge Fund Holders In Q1 2025: 227
Alphabet Inc. (NASDAQ:GOOGL)’s shares have made a remarkable turnaround in 2025. While they have gained 7.7% year-to-date, since May, the stock is up by 34.7%. The shifting investor sentiment surrounding Alphabet Inc. (NASDAQ:GOOGL) comes as investors grow positive about the firm’s cloud computing growth and the potential headwinds from its troubles with the Justice Department dissipate. Previously, Cramer has lamented selling Alphabet Inc. (NASDAQ:GOOGL)’s shares over the Justice Department concerns, and this time, he commented on the firm in the context of quantum computing:
“Call me a believer, in quantum. And I think it’s catching up and doing something. Also by the way. . .Google [is] doing well.
“But I’ve got to tell you, quantum, I cannot believe that I’m a believer, but I am a believer.”
Here are Cramer’s previous thoughts about Alphabet Inc. (NASDAQ:GOOGL):
“Third, Alphabet. Google Search and YouTube are doing amazingly well. You know what, I thought that Gemini, their AI platform, would cannibalize regular Google. Wrong. It hasn’t. Instead, they’re complementary. Business is very, very strong. And Alphabet had a remarkable quarter for all divisions, including Waymo… which is building a nice lead over the rest of the autonomous vehicles in the space. They, Microsoft, Meta are buying a gigantic number of NVIDIA chips and that’s who wins.”
2. International Business Machines Corporation (NYSE:IBM)
Number of Hedge Fund Holders In Q1 2025: 57
International Business Machines Corporation (NYSE:IBM) is one of the largest and most important technology companies in the world. Its shares have gained 7.7% year-to-date but have lost 16% since late July. The dip in International Business Machines Corporation (NYSE:IBM)’s stock started after its software revenue of $7.39 billion during its latest quarter missed analyst estimates of $7.43 billion. Cramer’s previous comments about International Business Machines Corporation (NYSE:IBM) have remarked that the stock could slowly edge higher over time. This time, he commented on the firm in the context of quantum computing:
“Call me a believer, in quantum. And I think it’s catching up and doing something. Also by the way, IBM and Google are doing well.
“But I’ve got to tell you, quantum, I cannot believe that I’m a believer, but I am a believer.”
Here is what Cramer said about International Business Machines Corporation (NYSE:IBM) after its earnings:
“Most of the news is good this morning, IBM. I still think not as bad, uh, Chipotle we have to talk about.
“People felt the software was slower. I think they’ve got this great mainframe cycle. I don’t think you abandon the stock at all. This is another one, classic overreaction, has a higher P/E multiple than it did.”
1. Sportradar Group AG (NASDAQ:SRAD)
Number of Hedge Fund Holders In Q1 2025: 31
Sportradar Group AG (NASDAQ:SRAD) is a technology company that provides online betting, gaming, and other services. The shares have gained 78.6% year-to-date and have gained 11.9% since the firm reported its second quarter earnings. Cramer previously invited Sportradar Group AG (NASDAQ:SRAD)’s CEO on his show Mad Money and outlined that the firm was a “gem.” This time, he commented on the firm’s advantage of having the data for gambling:
“And then I have Sportradar, it’s one of these companies that’s [inaudible] but they have got all the data for gambling. I’m doing a lot of the gambling stuff.”
Here is what Cramer said about Sportradar Group AG (NASDAQ:SRAD) earlier on Mad Money:
“Regular viewers know that I’m a big believer in online sports betting plays like DraftKings […] We spent a lot of time talking about the soft stuff, but the numbers here are really pretty great. […] I want to thank our viewer that came to us with this because holy cow, this one’s a gem.”
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