In this article, we will discuss: Jim Cramer Commented On Big Market Confusion & Discussed These 5 Stocks. For more stocks, you can head to Jim Cramer Commented On Big Market Confusion & Discussed These 20 Stocks.
5. ConocoPhillips (NYSE:COP)
Number of Hedge Fund Holdings in Q4 2025: 65
ConocoPhillips (NYSE:COP) is an oil and gas exploration and production company. Its shares are up by 34.8% over the past year and by 27% year-to-date. Jefferies discussed the firm on April 12th as it raised the share price target to $160 from $129 and kept a Buy rating. The financial firm remarked that ConocoPhillips (NYSE:COP) could post higher than expected oil volumes in its upcoming earnings and was well placed to benefit from high oil prices in the wake of the conflict in Iran. However, the oil company’s earnings saw it lower its production guidance due to uncertainty generated from the impact of the conflict in Iran on Qatar. As a result, ConocoPhillips (NYSE:COP) guided between 2.19 million and 2.22 million barrels of oil production for the second quarter, which was lower than the first quarter’s figures. Cramer briefly commented on the earnings:
“Yeah that’s mystifying. you really have to work really hard to be an oil company and not really cut. I mean think about what you have to do, you have to just, maybe they were short oil.”
Oakmark Fund stated the following regarding ConocoPhillips (NYSE:COP) in its Q1 2026 investor letter:
“ConocoPhillips (NYSE:COP) was the top contributor during the quarter. The U.S.-headquartered oil and gas company’s stock price rose as it benefitted from a favorable macroeconomic backdrop and results consistent with our expectations. Rising energy prices due to geopolitical conflict were the most significant driver of the stock performance. We continue to believe Conoco has some of the industry’s highest quality assets managed by a team of strong operators and capital allocators.”
4. Chevron Corporation (NYSE:CVX)
Number of Hedge Fund Holdings in Q4 2025: 86
Oil giant Chevron Corporation (NYSE:CVX)’s shares are up by 37% over the past year and by 22% year-to-date. Scotiabank discussed the firm on April 22nd, as it raised the share price target to $187 from $168 and kept a Sector Perform rating on the stock. Its coverage came as part of a broader adjustment for the energy sector in the wake of the conflict in Iran. Within the sector, Scotiabank commented that while it was optimistic about exploration and production firms, it was less sure about independent producers. Cramer has also discussed Chevron Corporation (NYSE:CVX) several times over the past couple of months. Before the conflict in Iran kicked off, the CNBC TV host was highly confident in CEO Mike Wirth and the firm’s exploration operations. Following the conflict, he repeatedly linked Chevron Corporation (NYSE:CVX)’s stock to investor sentiment about the war’s duration. In this appearance, Cramer maintained that watching stocks, instead of oil prices, was the key to investing:
“Now Chevron, this is why I thought that I didn’t understand that the price of crude was up so much. Chevron’s stock signalled the war when it went to 214, it’s now down to 191. Pay attention to the stocks, not the price of crude which is not the dispositive. And Chevron’s stock has been dispositive about what’s been dispositive about what’s been happening with the war.”
3. Royal Caribbean Cruises Ltd. (NYSE:RCL)
Number of Hedge Fund Holdings in Q4 2025: 53
The appearance of Royal Caribbean Cruises Ltd. (NYSE:RCL) on Jim Cramer’s radar marked a rare mention of a cruise ship stock. The CNBC TV host had regularly discussed the sector during 2025’s first half. Not only did he remain confident about the firms’ ability to weather the inflationary storm back then, but he also praised Royal Caribbean Cruises Ltd. (NYSE:RCL) on multiple occasions. Analysts started 2026 on a strong note for the firm. For instance, Tigress Financial raised the share price target to $425 from $415 and kept a Buy rating on February 6th. The financial firm commented that Royal Caribbean Cruises Ltd. (NYSE:RCL) was entering 2026 on a strong note when it came to bookings, destinations, and the investment return offered by ships. Cramer also praised the company:
“One of the things that we have to remember is the consumer and this is in some ways talking about the price of gasoline. One of the greatest bargains of the world is cruising, I spent a lot of time with Royal Caribbean, that’s Jason Liberty, does a fanstastic job. Royal Caribbean blew their numbers away, and once again, you can’t blow your numbers away unless you feel like you want to take a cruise. A lot of people were worried about Iran, two quarters ago. Turns out that it really was a blip. Congratulations to them.
“Jason Liberty would tell you that one night one a cruise ship is like one-fifth of a hotel. One-fifth.”
Renaissance Investment Management discussed Royal Caribbean Cruises Ltd. (NYSE:RCL) in its Q4 2025 investor letter:
“Conversely, we sold Royal Caribbean Group (NYSE:RCL) following a deterioration in our quantitative factor models. Much of our original investment thesis has come to fruition, with the company having benefited from a recovery in pricing power, strong bookings driven by demand for its new ships, and increased on-board spending, while its focus on cost controls has driven operating margin expansion. Looking ahead, after several years of accelerating revenue growth, we expect to see growth decelerate in 2026, while margin expansion has likely peaked. Consequently, we believe the risk-reward is no longer advantageous with valuation multiples at all-time highs.”
2. Viking Holdings Ltd. (NYSE:VIK)
Number of Hedge Fund Holdings in Q4 2025: 62
Cruise ship firm Viking Holdings Ltd. (NYSE:VIK)’s shares are up by 92% over the past year and by 12.8% year-to-date. Bank of America discussed the firm on March 23rd as it reiterated a Buy rating and a $90 share price target. One factor that BofA discussed in its coverage was the potential of acquisitions, as the bank commented that Viking Holdings Ltd. (NYSE:VIK) could attempt to grow its footprint. UBS maintained an $83 share price target and a Buy rating on the shares on March 18th. The bank discussed the impact of higher heavy fuel oil prices on Viking Holdings Ltd. (NYSE:VIK)’s shares. Cramer discussed the firm in the context of excessive pessimism for cruise ship stocks in the aftermath of the conflict in Iran:
“I happen to like Viking too. Viking is right around an all time high. These are great companies and when they are down, you ought to think about buying them. Look at that Viking, woah.”
1. Reddit Inc. (NYSE:RDDT)
Number of Hedge Fund Holdings in Q4 2025: 82
Social media firm Reddit Inc. (NYSE:RDDT) continues to be one of Jim Cramer’s favorite stocks. Throughout 2025, the CNBC TV host asserted that the company was one of the biggest beneficiaries of the AI wave since it possessed vast amounts of user data that could be used to train models. DA Davidson discussed Reddit Inc. (NYSE:RDDT)’s shares on April 21st. Monetization was at the center of the coverage as the financial firm pointed out that the company remained less monetized relative to its peers. DA Davidson, like Cramer, also commented on the potential for Reddit Inc. (NYSE:RDDT) to benefit from AI-related demand. The financial firm commented that the social media firm could secure renewals for its LLM-related contracts. However, Citizens cut Reddit Inc. (NYSE:RDDT)’s share price target to $250 from $300 and kept an Outperform rating on the 21st. As for Cramer, he continues to hold a favorable view of the company:
“I happen to think that Reddit is one of the most undervalued properties out there.”
While we acknowledge the potential of RDDT to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RDDT and that has 100x upside potential, check out our report about the cheapest AI stock.
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