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 growing demand for gold, trends followed by younger people, and the US debt. According to the World Bank, gold prices surged to record high levels in October as they were driven by safe haven demand, a weaker US dollar, and monetary policy easing. The CNBC TV host also discussed how younger people in the US were investing as he commented on gold prices:
“Well I think there are a lot of younger people who look at 37 trillion, in debt of the country, and say, look, I’m not, I’m getting wealth from the boomers, and I’m not going to make the mistake. They’re somewhat historically oriented, if you go to Robinhood, you see that they’re skewed toward defense, not defense stocks. They’re saying listen, we’ve got, they’ve got a really good IRA product by the way, Robinhood, and a lot of people just want, they want the insurance. Now the insurance is costing a lot, gold is going up so much. I’m such a gold bug, and I think the nation has turned into a much more of a gold bug, you could tell that from the Costco gold offerings. I do think that gold must be a part of your portfolio, it has to be.”
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 23rd. 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.
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9. Robinhood Markets Inc. (NASDAQ:HOOD)
Number of Hedge Fund Holdings: 77
Robinhood Markets Inc. (NASDAQ:HOOD)’s shares are up by a whopping 192% year-to-date to make them one of the strongest performers on the market. On December 22nd, Morgan Stanley raised the firm’s share price target to $147 from $146 and kept an Equal Weight rating on the shares. The slight optimism was based on the belief about Robinhood Markets Inc. (NASDAQ:HOOD)’s fiscal fourth quarter earnings, as the bank highlighted that it now expects the brokerage to post an earnings upside. Morgan Stanley’s report came after Truist had initiated coverage on Robinhood Markets Inc. (NASDAQ:HOOD) to set a Buy rating and a $155 share price target. Along with Morgan Stanley and Truist, Mizuho also commented on the firm in December. It reiterated an Outperform rating and a $172 share price target. Cramer has repeatedly praised Robinhood Markets Inc. (NASDAQ:HOOD) in 2025 for its technology and its ability to allow a wealth transfer from older generations to the younger ones. In this episode, he briefly commented on the firm’s products while discussing how gold safe haven demand was growing:
“. . .they’ve got a really good IRA product by the way, Robinhood.”
8. Corning Incorporated (NYSE:GLW)
Number of Hedge Fund Holdings: 75
Corning Incorporated (NYSE:GLW)’s shares have gained 90% year-to-date as the firm has benefited from the booming demand for optical technology stemming from data center buildouts and its close relationship with Apple. Morgan Stanley recently raised the firm’s share price target to $98 from $82 and kept an Equal Weight rating. Corning Incorporated (NYSE:GLW)’s exposure to optical technology was at the center of the upgrade as the bank commented that infrastructure companies with optical products are part of a diversifying AI trade. In late November, UBS had raised its share price target for Corning Incorporated (NYSE:GLW) to $109 from $100 and kept a Buy rating. As was with Morgan Stanley, UBS also cited the firm’s optical exposure to data centers as a key reason behind the upgrade. Cramer shared a key insight for Corning Incorporated (NYSE:GLW) as he discussed that the firm is trying to replace copper with glass:
“Copper is. . .there is a tremendous amount of copper used in the data center, until they move into glass. Now Corning, I have a special coming up on Corning and Apple, if you look at what Corning’s trying to do, they’re trying to replace copper. Because one of the things people have to recognize, copper burns really hot, and fiber doesn’t. So it’s a natural. But there’s so much copper within a data center, within the actual chipsets, that it’s really hard to replace.”
7. Meta Platforms, Inc. (NASDAQ:META)
Number of Hedge Fund Holdings: 273
Social media giant Meta Platforms, Inc. (NASDAQ:META)’s shares have gained a modest 11% year-to-date. The shares dipped by 11% in October following the firm’s fiscal third-quarter earnings report. In December, Piper Sandler reiterated an Overweight rating on the shares and kept a $840 share price target. The financial firm pointed out that Meta Platforms, Inc. (NASDAQ:META) was its top large-cap stock pick and added that the shares have returned double digits despite a multiple contraction. Piper Sandler added that the social media company’s advertising market can experience favorable conditions in 2026. Meta Platforms, Inc. (NASDAQ:META)’s shares had dipped after the earnings due to the firm’s capital expenditure guidance. Cramer had taken a contrarian view in the aftermath, as he remarked that CEO Mark Zuckerberg was investing to protect the firm from OpenAI. In this appearance, he reiterated the opinion:
“I mean I think Meta’s go to do, Meta, there was a price target cut for Meta from Baird. I think Mark Zuckerberg’s got to say, listen, our product is going to be great for social media. Or else you are going to have OpenAI come in there and say listen, we now are better than Zuckerberg.
“We own it for the trust. I’m happy to buy some here because I just think that you underestimate him at your own peril. I mean he’s really good.”
6. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holdings: 234
AI giant NVIDIA Corporation (NASDAQ:NVDA)’s shares are up by a modest 35% year-to-date and have lost 7% since November start. The stock has struggled as markets worried about an AI bubble and a slowdown in the data center buildout. Recently, however, NVIDIA Corporation (NASDAQ:NVDA) has made some big news. For instance, the firm entered into a licensing agreement with AI chip startup Groq. After the announcement, Bernstein dubbed the deal a “tech and talent grab” instead of an acquisition. Over the past couple of weeks, Cramer has focused on NVIDIA Corporation (NASDAQ:NVDA)’s exposure to China sales and the firm’s upcoming Vera Rubin AI GPUs. He commented on these factors this time as well:
“And by the way, NVIDIA, once again, we heard people saying, well listen, they’re not going to sell as much in China. No, no, NVIDIA is, got a list of clients that want their products that’s insanely long. But they don’t beat their chest. And all the other guys constantly tell you how good they are. And they’re going to get blown away when Vera Rubin comes out, they’re gonna regret that they made claims, where they really are going to end up being non playoff contenders.
“But then when you go to GTC, I mean, you’re like, wow, I just said really good things about Google’s chip, I realize now Google saves more money, but you can’t base everything on Google’s stuff.”
5. Tesla, Inc. (NASDAQ:TSLA)
Number of Hedge Fund Holdings: 120
Tesla, Inc. (NASDAQ:TSLA) came under the attention of investment bank UBS earlier this month after the bank reiterated a Sell rating on the shares and kept a $247 share price target. As part of its coverage, UBS pointed out that it now expects the firm to deliver 415,000 vehicles in the fourth quarter, which was down from an earlier estimate of 429,000 units. The bank added that previous trends indicate that Tesla, Inc. (NASDAQ:TSLA)’s shares react to beats or misses against consensus estimates as opposed to buy-side estimates. Cramer, who previously remarked that the firm can become an important player in the data center industry via its energy storage solutions, remarked that UBS incorrectly believes that Tesla, Inc. (NASDAQ:TSLA) is a car company:
“The UBS piece is, it’s very tough and very sad for UBS. And I love UBS but, they’re viewing it as a car company and they have a sell on it. It’s not a car company. It changed when it was at 250. When Dan Ives, who sartorially is very challenged, but not challenged at all. When he did that like code red of his own code red about Tesla, 250. Boom, they switched. The narrative switched. People who think it’s a car company, are not understanding it, it’s a robot company. And now it’s an energy company. Because they’re going to figure out, I think that if anyone’s’s going to figure out the data center conundrum about energy, it’s going to be Musk. And self drive, looking good. So stop thinking of it, look at this piece, UBS, forecast 415,000 cars, fourth q deliveries, I mean, he’s still stuck. . .just stop calling it a car company. . .”
4. Affirm Holdings, Inc. (NASDAQ:AFRM)
Number of Hedge Fund Holdings: 60
Affirm Holdings, Inc. (NASDAQ:AFRM) is a financial technology company whose shares are up by 21% year-to-date. Recently, Bank of America trimmed the firm’s share price target to $97 from $98 and kept a Buy rating, The Fly reported. BofA’s coverage came after Wolfe Research had initiated coverage of Affirm Holdings, Inc. (NASDAQ:AFRM)’s shares. It had set a Peer Perform rating and a fair value range of $72 to $82 for year-end 2026. Wolfe pointed out that Affirm Holdings, Inc. (NASDAQ:AFRM) has a strong buy-now-pay-later platform and products such as 0% annual percentage loans. In a recent fireside chat, the firm’s CFO, Rob O’Hare, dismissed reports of weak loan origination as he commented that they had suffered from tracking errors for the fourth quarter. While the analysts at BofA have trimmed Affirm Holdings, Inc. (NASDAQ:AFRM)’s share price target, Cramer continues to be a believer in the company. He has previously remarked that the firm has been his “favorite,” and in this appearance, he concurred with the CFO about Affirm Holdings, Inc. (NASDAQ:AFRM)’s fourth quarter performance:
“And Affirm’s having an amazing quarter, and people don’t realize Affirm’s up but not as much as it could be.”
3. Huntington Ingalls Industries, Inc. (NYSE:HII)
Number of Hedge Fund Holdings: 39
Huntington Ingalls Industries, Inc. (NYSE:HII) is one of the largest shipbuilding companies in America. Some of its well-known ships include the Gerald R. Ford class aircraft carriers. The shares are up by 82% year-to-date, and in December, Citigroup initiated coverage of the stock. The bank set a Buy rating and a $376 share price target for the firm. The action for Huntington Ingalls Industries, Inc. (NYSE:HII) came after Bernstein had raised its share price target to $362 from $305 and kept a Market Perform rating on the shares. Bernstein’s coverage came after the firm’s third-quarter earnings report, in which the shipbuilder grew its revenue by 16% annually and diluted earnings by 44%. Cramer discussed Huntington Ingalls Industries, Inc. (NYSE:HII)’s share price performance:
“Well I do think that, one of the best stocks in the world is Huntington Ingalls. I remember when they were owned by Litton. Who was just a breakout that people just thought was an afterthought. But these stocks, are, they’re hot again, because he said that, you know, no buybacks, it didn’t matter. I mean look at that, that’s a good stock.”
2. Strategy Inc (NASDAQ:MSTR)
Number of Hedge Fund Holdings: 43
Strategy Inc (NASDAQ:MSTR) is an analytics and Bitcoin holding company. Its shares have lost 48% year-to-date as they mirror Bitcoin’s performance. The world’s leading cryptocurrency has dipped by 5% year-to-date and by 28% since early October. Citi lowered Strategy Inc (NASDAQ:MSTR)’s share price target to $485 from $325 and kept a Buy rating on the shares on December 21st. The target cut followed a $150 reduction by Bernstein to $450 on December 8th. Bernstein commented that even though it had cut Strategy Inc (NASDAQ:MSTR)’s share price target, it believed that market concerns about the firm were excessive. Citi had also remained optimistic about the digital assets group and pointed out that legislative changes could help the sector in 2026. Cramer has discussed Strategy Inc (NASDAQ:MSTR) several times over the past couple of months. While admitting that the firm was experiencing troubles, he called CEO Michael Saylor “Houdini”. In this appearance, the CNBC TV host briefly commented on Strategy Inc (NASDAQ:MSTR)’s share price:
“Yeah one of the worst stocks of the year, it’s horrible.”
1. Paramount Skydance Corporation (NASDAQ:PSKY)
Number of Hedge Fund Holdings: 37
Media and entertainment giant Paramount Skydance Corporation (NASDAQ:PSKY) has been a regular feature of media coverage due to its widely covered acquisition attempt of Warner Bros. Discovery. The price that the firm has offered is a key focus of coverage, and it has grown from the first value of $19 per share to $22.50. While recent media reports indicate that Warner Bros might be interested in Paramount Skydance Corporation (NASDAQ:PSKY) if it further bumps the offer up to $30, the firm is considering suing the target’s management board. Cramer also discussed the price and added that $34 might be the sweet number that could win Warner Bros. Discovery over:
“I’ve been thinking a lot about the Warner Brothers. Discovery. And the one thing I don’t understand, you’ve got that bid, it’s money good from Ellison. Just come in at 34. I mean, Larry Ellison is a person who has stormed in, when PeopleSoft, when he did the hostile. He says, look, here’s the way it’s going to be. With Cerner, here’s the way it’s going to be. Where is the, here’s the way it’s going to be, it’s 34 dollars, we’re four dollars better than Netflix, maybe five. And that’s the end. And then the board is going to have to fold. So I think 34 dollars gets it. And I’m surprised that he doesn’t just do it. He’s rich, he’s tough and enough. No more waste our time. 34 bust. . .they do 34, he’s got it.
“It’s a tremendous asset, and they need it more than Netflix does.”
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