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 a key report from Bank of America’s analyst Michael Hartnett. The report outlined that the bank’s Bull & Bear indicator had risen to 8.5 from 7.9. BofA outlined that a reading above 8.0 has often led to equities dropping. Hartnett’s indicator is based on a hedge fund manager survey of risk appetite, and it has predicted market movement 16 times since 2002, according to the analyst. Discussing the current scenario, the analyst also remarked that the current market scenario was defined by the impact of the bond market on AI data center investment, worries about unemployment, and the potential of an upside surprise from China.
Cramer discussed the report and commented that “we’re searching for leadership, it’s hard to find the leadership.” The CNBC TV host added that when analyzing the market, he looked at “the consumer growth” and shared his opinion about trends in consumer spending:
“I think the consumer’s going to much stronger. Look at those Carnival numbers today, that’s discretionary, money discretionary. And people going on to, American Express, Booking, United, Delta, Marriott. The consumer, believe it or not, is going to bail us out. And I think that Michael, I don’t think he [inaudible] consumer [inaudible]. But he’s really good. I really like him.”
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 December 19th. We also provided hedge fund sentiment for each stock as of the third quarter of 2025, which was taken from Insider Monkey’s database of 978 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).
9. Micron Technology, Inc. (NASDAQ:MU)
Number of Hedge Fund Holdings: 105
Micron Technology, Inc. (NASDAQ:MU) is one of the most important firms in the AI ecosystem. It makes and sells memory chips that are used in NVIDIA’s and other AI GPUs. As a result, Micron Technology, Inc. (NASDAQ:MU)’s products form a link at the back end of the AI supply chain. The firm recently reported its fiscal first quarter earnings report and posted $13.64 billion in revenue and $4.78 in earnings per share. The figures beat analyst estimates of $12.84 billion and $3.95. Micron Technology, Inc. (NASDAQ:MU)’s shares are up by a whopping 227% year-to-date, and since the earnings report, they have added 26.90%. The earnings report was followed by optimism from several analysts. For instance, Morgan Stanley bumped the share price target to a hefty $350 from $338 on December 18th and maintained an Overweight rating on the stock and called it a top AI stock pick. Cramer was excited after Micron Technology, Inc. (NASDAQ:MU)’s earnings as well, as he remarked that the firm “has a high bandwidth memory component, that is perfect for the data center.” In this appearance, he wondered what NVIDIA’s CEO. Jensen Huang thinks about the latest earnings:
‘That Micron quarter, I really want to know what Jensen felt about that Micron quarter. I know he’s not in town right now. But holy cow, that Micron quarter was such a thing of beauty. And Mehrotra was so self effacing. I got to tell you, it was a beautiful call.”
8. Lululemon Athletica Inc. (NASDAQ:LULU)
Number of Hedge Fund Holdings: 55
Lululemon Athletica Inc. (NASDAQ:LULU) is a Canadian apparel retailer whose shares are down by 43% year-to-date. The firm has been the focus of several analysts’ attention in December. For instance, on December 12th, Stifel raised the share price target to $210 from $205 and kept a Hold rating on the shares. In its note, the financial firm discussed that Lululemon Athletica Inc. (NASDAQ:LULU)’s sales in America dipped by 5% in its third fiscal quarter, which marked a two percentage point acceleration over the previous quarter. Stifel added that the retailer was facing trouble with customer loyalty and overall competition. Stifel was joined by BofA, which raised Lululemon Athletica Inc. (NASDAQ:LULU)’s price target to $220 from $185 and kept a Neutral rating on the shares. The bank pointed out that the retailer was spending slightly more than expected to drive traffic during the fourth quarter. Another price target bump for Lululemon Athletica Inc. (NASDAQ:LULU) came on the 12th as Truist increased the target to $200 from $170 and kept a Hold rating. Like Stifel, Truist also pointed towards weak sales in the American region and added that revenue growth came through China sales. Cramer briefly discussed Lululemon Athletica Inc. (NASDAQ:LULU) and called it challenged:
“LULU is challenged, challenged.”
