Jim Cramer, the host of Mad Money, said on Thursday that cryptocurrency-related stocks, especially those tied to Bitcoin, have been sliding, and he warned that it can possibly pull the tech sector down with them.
“Earlier this week, a Morgan Stanley analyst used the dreaded term supercycle, which almost invariably leads to a top when you hear it, as was the case with the last two supercycles that were called the fracking sand supercycle and the coal supercycle. Both turned out to be long-term tops, heights that were never ever seen again, and then a crash.”
READ ALSO: 9 Stocks on Jim Cramer’s Radar Recently and Jim Cramer Put These 15 Stocks Under the Spotlight.
Cramer noted that the pattern seems to be repeating as he noted that storage-linked names have been sinking over the past few days, almost right on schedule with what he called the “ill-fated, ill-advised” supercycle call. He said they are currently in short supply only because producers cannot keep up with demand.
He added that he fully expects the shortage to be resolved, possibly due to an uptick in semiconductor capital equipment, at which point prices would move back toward equilibrium, which he said simply means lower prices. Cramer also said he remains concerned that the world’s largest-capitalization stock could be contributing to the day’s downturn. He pointed out that one of the tightest trading correlations to NVIDIA, surprisingly, is crypto, especially Bitcoin.
“Bottom line: I want to see what holds tomorrow. Stocks that have come down too far too fast, where the expectations are too low and the opportunity’s too great, those are the ones I’m looking to buy on weakness, especially the high-quality techs that are now being thrown away with the Bitcoin bathwater.”
Our Methodology
For this article, we compiled a list of 7 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on November 20. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the second quarter of 2025, which was taken from Insider Monkey’s database of over 900 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).
Jim Cramer Answered Questions About These 7 Stocks
7. Flutter Entertainment plc (NYSE:FLUT)
Number of Hedge Fund Holders: 87
Flutter Entertainment plc (NYSE:FLUT) is one of the stocks Jim Cramer answered questions about. A caller inquired what Cramer thinks of the stock during the lightning round, and in response, he said:
“Flutter, there is just, there is an incredible war to open accounts, I guess right now, because oh my God, Flutter keeps going down, and it’s a really good company. Gotta wait till that war ends, I think.”
Flutter Entertainment plc (NYSE:FLUT) runs sports betting and online gaming services across well-known brands like FanDuel, PokerStars, Betfair, Paddy Power, Sisal, and others. During the November 12 episode, Cramer discussed the company’s earnings, as he stated:
“What do we make of these numbers from Flutter Entertainment, the parent company of FanDuel? After the close, this online sports book reported what I call a mixed quarter with soft revenue, thanks to some adverse gambling outcomes, but also higher than expected earnings. At the same time, Flutter announced that it’s moving into the predictions market, much like we heard from DraftKings last week. Their platform, FanDuel Predicts, is launching next month in partnership with the CME Group.”
6. fuboTV Inc. (NYSE:FUBO)
Number of Hedge Fund Holders: 13
fuboTV Inc. (NYSE:FUBO) is one of the stocks Jim Cramer answered questions about. A caller asked if the stock is too speculative, and Cramer remarked, “I don’t know. Let’s do Netflix instead of Fubo. I just, I like Netflix more, just saying.”
fuboTV Inc. (NYSE:FUBO) provides a live TV streaming service focused on sports, news, and entertainment. The service is accessible through streaming devices, SmartTVs, and mobile platforms. The company reported its Q3 earnings on November 3, posting a non-GAAP EPS of $0.02, compared to loss of $0.08 per share in the same quarter last year and outperforming estimates by $0.06. While fuboTV Inc.’s (NYSE:FUBO) revenue was down 2.3% year-over-year at $377.2 million, it beat estimates by $15.87 million. Co-founder and CEO of the company, David Gandler commented:
“We delivered record third quarter subscriber growth in North America and our second consecutive quarter of positive Adjusted EBITDA—clear proof our model is working. New offerings like our Fubo Sports skinny service and Pay-Per-View platform are giving consumers more choice and control than ever. And, as we combine with the Hulu + Live TV business, we’re poised to create a next-gen Pay TV company – built for scale, personalization and profitability. We’re energized by what’s ahead and remain focused on delivering value for viewers, shareholders and our programming partners.”
Hedge Fund Resource Center