On Monday’s episode of Mad Money, host Jim Cramer discussed how some companies could gain significantly from artificial intelligence without pouring massive sums into capital expenditures.
“So far this earnings season, we’ve heard a lot about the AI data center boom, especially last week when we got results from five members of the Magnificent Seven. Despite all the hand-wringing from AI skeptics who insist that these companies are wasting their money, the fact is that spending on the data center hasn’t slowed down at all. In fact, it’s accelerated.”
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Cramer noted that the largest corporations in the world are stepping up AI-related investments and signaling plans to allocate even more next year. However, he noted that Wall Street’s patience with these enormous spending commitments is wearing thin. He also explained that while hyperscalers are pouring fortunes into building out data centers, there exists another group of companies that could still profit from AI growth without needing to commit such extreme amounts of money to infrastructure. He highlighted that, in the current environment, such companies might be the ones investors should pay attention to as they “may be the safest.”
“So here’s the bottom line: If Wall Street finally is balking at the big spending… [from] hyperscalers shelling out fortunes for data center build out, maybe you want to own a company that can profit from artificial intelligence without spending much at all.”
Our Methodology
For this article, we compiled a list of 9 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on November 3. 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 Discussed 9 Stocks Related to the AI Space
9. Cloudflare, Inc. (NYSE:NET)
Number of Hedge Fund Holders: 59
Cloudflare, Inc. (NYSE:NET) is one of the stocks related to the AI space that Jim Cramer discussed. Cramer highlighted the company’s solid earnings and its potential to “get more profitable,” as he commented:
“Finally, let me give you one more potential AI winner that doesn’t need to spend… more money to get there but has really been moving up a lot and that’s a company called Cloudflare, the cybersecurity company/content delivery network that looks to be like an enforcer for all the content publishers that are basically getting their data stolen by generative AI platforms. This past summer, Cloudflare announced that it was the first internet infrastructure provider to block AI crawlers from accessing content without permission.
In August, when we last had CEO Matthew Prince on the show, he sounded earnest about wanting to help smaller publishers that are getting ripped off by AI companies. He told me that as the world transitions from search engines to answer engines, these publishers are getting hosed because, unlike search engines, AI platforms don’t send them traffic. That’s why Cloudflare is helping their customers protect themselves from AI data scraping. Without that protection, they cannot get paid. Now, we don’t know how much Cloudflare could make from this business, but man, they reported one excellent set of numbers last week… It’s one of my favorite stocks. Throw in the anti-data scraping opportunity, and they’re only going to get more profitable.”
Cloudflare, Inc. (NYSE:NET) provides cloud services that improve the security, speed, and reliability of websites and applications. The company offers tools for protection, network management, and developer use.
8. The New York Times Company (NYSE:NYT)
Number of Hedge Fund Holders: 46
The New York Times Company (NYSE:NYT) is one of the stocks related to the AI space that Jim Cramer discussed. Cramer highlighted the company’s deals and ongoing lawsuit during the episode. He said:
“Who else could make out like a bandit by licensing their data to the big AI platforms? Hey, how about The New York Times? That’s the paper of record, for heaven’s sake. The New York Times has already begun to make some of these deals as well. In May, they announced a multi-year licensing agreement with Amazon that would allow Amazon to use their articles to train up AI models. I don’t know how much they’re getting, but the Gray Lady doesn’t need to spend an extra cent to make that money.
They’re just licensing out what already exists, and they’re real smart, and I read their briefs. I like their case. Plus, the Times has this ongoing lawsuit against OpenAI, which they originally brought almost two years ago. If they win, then the company could be looking at a significant new revenue stream, not just from OpenAI but from every other AI platform that will be forced to pay up to train their models on the paper of record. I think they got a very strong case. That said, The New York Times reports on Wednesday. I have no idea how the quarter’s going to be, okay? Maybe buy it on weakness.”
The New York Times Company (NYSE:NYT) produces and distributes news and information through digital, print, and audio platforms.
