In this piece, we will look at the stocks that Jim Cramer recently discussed.
In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer discussed the SCO Summit in China and President Trump’s comments about China. Cramer also commented on the uncertainty surrounding tariffs and how inflation was affecting the overall sentiment in America:
“And then you get everyone’s excited about the possibility, that there’ll be something, I should say agitated, about China and Russia, the Axis of Evil. As if we like, India and China and Russia, I mean this has been going on for a while. Then the President comes out today and says, well, India’s banged for zero. And I just say, the lack of clarity, and the fact that the calendar says sell, is going to drive things down. And then you add on the fact that the Journal points out that it’s more expensive than ever. I say woah, wait a second, we have tech up too much.
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 September 2nd.
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).
10. DraftKings Inc. (NASDAQ:DKNG)
Number of Hedge Fund Holders In Q2 2025: 66
DraftKings Inc. (NASDAQ:DKNG)’s shares have gained 32% year-to-date as it has benefited from strong earnings performance, which has seen it smash records and positive analyst coverage. For instance, during its second quarter, the firm’s $1.5 billion in revenue, $301 million in operating income, and $158 million all set new records. DraftKings Inc. (NASDAQ:DKNG)’s shares have gained 1.6% since the earnings release. Cramer’s previous comments about the firm have raised the possibility of it performing well during the upcoming football season. This time, he commented on the number of deals that are on DraftKings Inc. (NASDAQ:DKNG):
“[On how retail traders might be diverted away to football season] Well it’s interesting that you say that because oh my god the deals that DraftKings has, I was fooling around. . . there’s like every two hours there’s one. And oh my, as between Fortinet and my daily fantasy, I think daily fantasy has a better dividend.”
Here are Cramer’s previous thoughts about DraftKings Inc. (NASDAQ:DKNG):
“As we approach football season, things are already looking pretty darn good for DraftKings, one of the nation’s largest online sportsbooks. I’ve been steadfastly bull on this one, you know, just the whole way. After the close, DraftKings reported an impressive quarter, revenue growth accelerating to 37%, better-than-expected earnings, higher-than-expected earnings before interest, taxes, depreciation, and amortization. These results were driven by what DraftKings calls sportsbook-friendly outcomes in the quarter, and the company only reiterated its full-year forecast. But management did say that it now expects to see revenue near the high end of its guidance range. That was good enough to send the stock flying in after-hours trading.”
9. The Kroger Co. (NYSE:KR)
Number of Hedge Fund Holders In Q2 2025: 68
The Kroger Co. (NYSE:KR)’s shares closed 1% higher the day this program was aired. The small magnitude of the move meant that broader market undercurrents, instead of firm-specific catalysts, had driven the shares. During the day, investors battled with concerns about economic uncertainty and the future of President Trump’s tariffs. The worries drove treasury yields higher, and they also meant that stable stocks like The Kroger Co. (NYSE:KR) ended up benefiting. Cramer discussed the trends:
“So I don’t have anything that I really, like I said you know let’s watch Zscaler, but, what’s going up is the stuff that says we’re going to have a recession. Not that we’re going to have a Carter-like recession, because what’s going up are the companies that seem to be able to make it so that they can, mitigate prices. So you have like. . .a Kroger up.”
Here are the CNBC TV host’s previous comments about The Kroger Co. (NYSE:KR):
“Alright, I’ll tell you Kroger stock is rolling over… That’s the problem. It’s just rolling over, and when I see a stock rolling over at 13 times earnings, I say to myself, okay, let it come down. Buy a little, buy a little, and then wait for the next level. Do not buy all at once. It could be a bad sign that this stock is having such a hard time at this particular moment, and it sure is. 73 down to 64. How about [we] wait till it goes to 60? Then we see whether the chart’s a little better right there.”
8. The Procter & Gamble Company (NYSE:PG)
Number of Hedge Fund Holders In Q2 2025: 88
The Procter & Gamble Company (NYSE:PG)’s shares jumped slightly the day these comments were aired. The stock benefited even as broader markets tumbled due to investors entering risk-off mode. During the day’s trading, investors were concerned about surging bond yields, the legal status of President Trump’s tariffs, the tussle between the President and Fed Governor Lisa Cook, and dropping consumer spending. As a result, safe haven stocks like The Procter & Gamble Company (NYSE:PG) benefited. Cramer discussed the share price movement:
“So I don’t have anything that I really, like I said you know let’s watch Zscaler, but, what’s going up is the stuff that says we’re going to have a recession. Not that we’re going to have a Carter-like recession, because what’s going up are the companies that seem to be able to make it so that they can, mitigate prices. So you have like a Procter up. . .”
Previously, Cramer discussed The Procter & Gamble Company (NYSE:PG)’s attempts to raise prices:
“[On firm saying they’re raising prices and communicating to Walmart and Target] Well good luck. Communicate all you want. It’s not the way it’s working. Go communicate that to Costco. You know what Costco says, we have a different communication. Here’s our communication.”
“[On how they’re not the only one saying so] No I mean, but they’re trying. I didn’t think the Procter quarter was so good, because frankly, the volumes are not that great. And, you know the pricing power is not as good as you think. The yield’s isn’t protected. It’s just not great. And it’s not great I think because there’s just the tug-of-war between stores and companies like Proctor and don’t forget, Amazon. I mean you go on Amazon, Amazon I don’t David if you went on Prime Day for Proctor, but it was just like Proctor, there was no gamble. It’s that bad.
“Look I think Proctor is an amazing company. I got a book coming out, and I say, listen, Proctor, if you want to own one, they are the best. They’ve got the most leverage. All I’m saying is that it’s just a tough time in that industry. Because the raw costs are high. I thought because of the weaker dollar they would start benefiting.”
7. The Clorox Company (NYSE:CLX)
Number of Hedge Fund Holders In Q2 2025: 46
The Clorox Company (NYSE:CLX) is a household brand when it comes to consumer and household cleaning products. Its shares have lost 25% due to less-than-stellar earnings and tariffs. The Clorox Company (NYSE:CLX) cut its sales guidance in May due to tariffs, and while the firm has limited exposure to China and Mexico, the fears of a global economic slowdown have weighed on the stock. Cramer previously discussed The Clorox Company (NYSE:CLX) in February, and this time he pointed out a piece from Herb Greenberg:
“One that is really interesting, Clorox. My friend Herb Greenberg does this, Herb’s got many guises but he worked with me for a long time at Street.com. When he writes something, and he says something is not right, you mentioned the barbecue. . . now I happen to like Linda Rendle very much. But I respect that he, that there were issues that he pointed out about costs. I would say that there’s a lot of sense maybe something can happen with Kraft-Heinz.”
Here is what Cramer said about The Clorox Company (NYSE:CLX) in February:
“How about consumer packaged goods? The makers of these products, long ago, they decided the real money was overseas. They couldn’t make enough money here. We’d have to find one that didn’t diversify internationally perhaps because it didn’t know how to do it. Maybe that makes it immune now. That’s Clorox… Might make for a good investment.”
6. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders In Q2 2025: 335
Amazon.com, Inc. (NASDAQ:AMZN)’s shares have lost 3.8% since the firm’s latest earnings report but have clawed back some of the immediate 9.6% drop. The primary concern that’s driven the stock lower is a slowdown in its AWS cloud computing business. Cramer’s previous comments about the firm have seen him shift his views from criticizing Amazon.com, Inc. (NASDAQ:AMZN) for relying on in-house Trainium chips instead of NVIDIA’s GPUs to admitting that the decision might have some merit. This time, he discussed a media report about the firm’s Prime business:
“[On a Reuters report saying Prime signups missed internal targets] I like Andy Jassy very much. And the one thing you would not know is what they really were looking for, internal targets. They, and anyway what we care about is how much is bought. I happen to like Amazon and it’s a big position for my charitable trust, there’s an example of where at a certain point, at a 30 multiple, kind of interesting, but the long knives are out for them because of the Amazon Web Services slowing versus Azure which was something that there is a belief among a lot of people that Azure is passing them. I don’t wanna bet against Andy, I just find that some plays are stupid.”
5. Dell Technologies Inc. (NYSE:DELL)
Number of Hedge Fund Holders In Q2 2025: 54
Dell Technologies Inc. (NYSE:DELL)’s shares have gained a modest 4,5% year-to-date as the firm has battled concerns about dropping AI demand and tariff exposure. The stock sank by a whopping 25% in April after President Trump announced his Liberation Day tariffs. More recently, Dell Technologies Inc. (NYSE:DELL)’s shares dropped by 8.9% in August after the firm’s. second quarter earnings report saw it guide third-quarter EPS at a $2.45 midpoint, which missed analyst estimates of $2.49. The miss ended up reigniting fears about the firm’s AI exposure. However, Cramer believes the dip isn’t something to worry about:
“One of the things you want to look at is Dell. Dell is not that bad. But it seems to go down, versus Marvell where people were really let down.
“[On a Dell server margin story] There are issues but I think Michael Dell has demonstrated over and over again that when the stock goes down he buys a lot and you don’t have to worry.”
Here are his previous thoughts about Dell Technologies Inc. (NYSE:DELL):
“You know that I wasn’t wrong about CoreWeave. But I will say that I like Dell off of it [NVDA’s Q2 earnings].”
4. Microsoft Corporation (NASDAQ:MSFT)
Number of Hedge Fund Holders In Q2 2025: 294
While Microsoft Corporation (NASDAQ:MSFT)’s shares have turned a corner in 2025, they were still trading at the lowest intraday since July on the day these comments were aired. During the day, investors trimmed their risk exposure on the back of rising treasury yields and concerns about the broader economy. Cramer’s previous comments about Microsoft Corporation (NASDAQ:MSFT) have warned that the firm, along with NVIDIA, might be accounting for a large amount of index concentration. This time, he discussed why the shares were trading lower and the firm’s cloud computing business:
“[On lowest intra day since July] Well Microsoft, that’s another one like Zscaler, if you see that one bounce because they had a perfect quarter. We all believe that, look, I wanna say that Amazon can catch up. Amazon Web Service is much bigger than Azure, but I recognize that people think that they’re going the wrong way.”
Previously, Cramer discussed Microsoft Corporation (NASDAQ:MSFT)’s recent share price performance:
“So let’s do this. Let’s go over from best and not best because I refuse to call any of these the worst. I want to start with Microsoft because this one has become completely sainted. Microsoft’s doing incredibly well in every single phase of its business. The basic enterprise software product is the strongest I’ve seen it since, almost since it started. It’s aided by rapid adoption of Copilot, Microsoft’s AI product.
LinkedIn’s just doing really strongly. Their video game’s selling spectacularly. Azure, the cloud infrastructure division, is outstanding with a huge acceleration in growth this quarter. Finally, Microsoft owns a giant slug of OpenAI and its usually valuable ChatGPT fundraising round at a $300 billion valuation. Microsoft owns 49% of the for-profit portion of the company. I’ve followed this company for a long time since it came public, even before then. There’s always been one thing, one fly… only one piece of hair on it. Uh-uh, this time the quarter was flawless, yes, flawless.”
3. Snowflake Inc. (NYSE:SNOW)
Number of Hedge Fund Holders In Q2 2025: 100
Snowflake Inc. (NYSE:SNOW) is a software company that enables businesses to consolidate and analyze data. Its shares have gained 46.6% year-to-date, primarily on the back of a strong 24% jump in August. Snowflake Inc. (NYSE:SNOW)’s shares jumped after the firm’s fiscal second-quarter earnings saw it increase its annual product revenue guidance to $4.40 billion from an earlier $4.30 billion. The guidance raise signaled to investors that Snowflake Inc. (NYSE:SNOW) was experiencing healthy catalysts from AI demand. Here is what Cramer said:
“I had Snowflake on last week. Uh, Sridhar Ramaswamy, that may have been the biggest upside surprise. So watch Zscaler and watch the upside surprise Snowflake. Cause wow, that’s a consumption model, you don’t know how to use AI. You go to Sridhar. He’ll like help you do it, help you get on. And it’s rental, you don’t have to buy.”
Previously, the CNBC TV host discussed Snowflake Inc. (NYSE:SNOW)’s growth:
“See, [growing year-on-year] 32%, people need. . these are tremendous American companies doing incredible things. And, we can be very cynical, or we can say, how do you do those numbers? How do you do it? How do you win the Super Bowl three years in a row? It’s almost impossible.”
2. The Goldman Sachs Group, Inc. (NYSE:GS)
Number of Hedge Fund Holders In Q2 2025: 73
The Goldman Sachs Group, Inc. (NYSE:GS)’s shares fell by 1.9% during the day this show was aired. The dip was due to broader market pessimism about the US economy. Such moods typically trim bank stocks as investors become worried about loan recovery and a slowdown in mergers and deal-making activity. However, Cramer took the contrarian view and recommended that he’d just buy the stock at these levels. His comments built on previous remarks where he called The Goldman Sachs Group, Inc. (NYSE:GS) a “barometer” for the stock market. Here is what Cramer said:
“[On GS being the worst performing Dow name] Yeah my charitable trust owns Goldman, I’d buy it. I’d buy it here. They’re having a great quarter. I mean there’s so much M&A. Just over and over again there’s M&A.
“That’s profit taking because Goldman sells at maybe 14 times earnings. I’m not too worried about them. I really like that idea.”
Cramer believes The Goldman Sachs Group, Inc. (NYSE:GS) is closely linked to the stock market as he recently remarked:
“The reason I brought it up instead of Rocket Mortgage is because Goldman encapsulates everything, IPOs, right, M&A, trading volume. This is the barometer for this stock market and it took off in a way that I haven’t seen in ages.
“I just wonder what the President thinks of Kostin. Because Kostin’s very good. . .no, no I think Kostin’s good.”
1. American Express Company (NYSE:AXP)
Number of Hedge Fund Holders In Q2 2025: 70
American Express Company (NYSE:AXP)’s shares have gained 10% year-to-date as they have benefited from strong earnings performance. The shares have performed well despite dipping after strong earnings reports, which indicates that they would have been much lower had the firm disappointed on the earnings front. In his previous comments about American Express Company (NYSE:AXP), Cramer has praised the firm’s popularity with younger users and its credit quality. He kept the praise this time as well:
“I like American Express if it keeps getting hit. They had a dynamite quarter. And they had by the way big Gen Z, amazing, amazing, the Gen Zrs are really proud. . .I’d buy that stock if it gets hit another three, five points.”
Cramer discussed American Express Company (NYSE:AXP) in detail after the firm’s earnings. Here is what he said:
“Sure enough, when Amex reported last Friday morning, the company delivered a strong quarter, and the stock still tumbled $7 or 2.3% before slipping another 1.6% today. My gut instinct says that this will once again prove to be a good buying opportunity, but my brain says we need to do the homework and make sure the stock’s still worth owning first… Let me tell you the three big things that I liked about the quarter. First, I remain impressed by how American Express is doing on the credit quality front…
When you’re looking at, you’re trying to game the long-term business here, the health, well, with the success of young consumers, I think that’s incredibly important, and this company has figured out because you want to know what’s the long-term, some of these guys are going to max out when the baby boomers are gone.
Still, why is American Express doing so well with younger people in particular? That leads me to the last thing that I really liked about Amex’s report last Friday, which is the way CEO Steve Squeri talked about some of the competitive dynamics of the credit card space. He explained that his company is winning because it offers the best value proposition, even if that’s with a fee-based product…
So here’s the bottom line: Once again, American Express sold off in response to what looked like a good quarter, and just as predicted, my gut instinct says, you know what, this was what we said all the time, we said it would go down. We called it a buying opportunity. We waited till today, and history says that tomorrow’s the day to buy. After looking through the quarter, I’m now confident my gut instinct was right. Buy the dip for American Express tomorrow.”
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