In this piece, we will look at the stocks Jim Cramer discussed.
In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer discussed the key role that OpenAI is playing in the AI ecosystem. He commented that figures such as the firm’s user base and exit run rate were just tiresome and added that OpenAI would be better off slowing down instead:
“When I hear OpenAI, that’s the one, they are the one, if they don’t deliver, it’s not just magical thinking that ends, it’s actually profits that end. They have to deliver. And the 800 million in users, I’m getting tired of that. The $20 billion exit run rate, they’re on the hook for, they’re on the hook for so much money, that I would feel better if they just slowed down. That would make me happier.”
The CNBC TV host also discussed a Goldman Sachs report mentioning the prospect of reflation on the back of stronger economic activity:
“I just don’t see it, I see, when you look at the components, we’re finally starting to get a peak in rents, those are starting to come down. We know that. We have a dramatic peak in used cars, I mean it’s just like a total fall off. We have energy that is down, natural gas is still plentiful enough that it hasn’t gone up a lot. We need to see steak come down, admittedly, the herd is where it was in 1951.”
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 November 12th.
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 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
9. Walmart Inc. (NYSE:WMT)
Number of Hedge Fund Holders In Q2 2025: 105
Cramer discussed retail giant Walmart Inc. (NYSE:WMT)’s shares after the conversation shifted to consumer spending and the government shutdown. Along with Costco, the firm’s stock is one of his top picks in the sector. In his previous comments about Walmart Inc. (NYSE:WMT), Cramer has suggested that the firm can become one of the few dominant players in the sector due to its scale. The CNBC TV host recently discussed the firm’s potential to reach a trillion-dollar valuation as well. He put the odds at 10:1 due to Walmart Inc. (NYSE:WMT)’s recent run. In this appearance, Cramer shared that he wanted the stock to go higher:
“I would like to see Walmart. . .start going higher because that’s where people shop. But that hasn’t happened yet. . . .Look I wanna see things less heated in the data center and more heated with the consumer.”
As for whether Walmart Inc. (NYSE:WMT) can become a trillion-dollar company, here is what Cramer said on October 27th:
“Third, there’s Walmart. Now, currently, this is the closest company to the trillion-dollar level. It… [has a] $833 billion market cap. I’m putting its odds at 10:1. While I love Walmart, I love to shop there, I’m only making it my third favorite in this race because the stock’s had an incredible run, and get this, it’s trading at around 40 times earnings. That’s very high for any retailer, save Costco. Even Amazon only trades at 34 times this year’s earnings. Of course, Walmart’s made some major improvements, and the company’s massive scale allows it to cope with the tariffs better than nearly all of its competitors. But the stock, it’s just not cheap.”
8. Costco Wholesale Corporation (NASDAQ:COST)
Number of Hedge Fund Holders In Q2 2025: 91
Costco Wholesale Corporation (NASDAQ:COST) is one of Cramer’s favorite companies. He has regularly praised the firm in 2025, primarily due to its scale and ability to keep prices low in today’s inflationary environment. Cramer has kept the faith in Costco Wholesale Corporation (NASDAQ:COST) even though the shares are down by 6.7% over the past month. In his previous comments about the firm called it “the best buy in the industry.” Costco Wholesale Corporation (NASDAQ:COST) reported its October sales figure earlier this month, which marked an 8.6% annual jump to $21.75 billion. In this appearance, Cramer discussed Costco Wholesale Corporation (NASDAQ:COST)’s position in his charitable trust portfolio:
“I would like to see. . .Costco start going higher because that’s where people shop. But that hasn’t happened yet. Costco’s been a big disappointment for me right here, but I would never sell it. That’s probably the longest-running stock in my charitable trust. Look I wanna see things less heated in the data center and more heated with the consumer.”
