In this article, we will discuss: Jim Cramer Discussed Expensive Phones, A Cheap Stock Sector & These 18 Stocks. For more stocks, you can head to Jim Cramer Discussed Expensive Phones, A Cheap Stock Sector & These 5 Stocks.
One of the biggest debates in the market right now, when it comes to AI, surrounds memory chip prices. The high demand from AI GPUs and the corresponding tight production capacity have pushed prices to record high levels. Data from Counterpoint Research shows that in the first quarter, memory prices surged by as much as 90%. The high prices’ impact on consumer electronics also became apparent after Apple CEO Tim Cook remarked to The Wall Street Journal that his firm would have to raise prices due to the impact. In a tweet, Cramer commented on the high prices as well:
“America has to figure out whether it wants affordable phones or not. It is the hyperscalers who keep bidding everything up”
Additionally, he briefly remarked on drug stocks:
“Drug stocks getting incredibly cheap again! amazing”
Our Methodology
For this article, we compiled a list of stocks that Jim Cramer discussed during the episode of Squawk on the Street aired on June 16th and tweeted about. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the fourth quarter of 2025, which was taken from Insider Monkey’s database of 1,000 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 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).
18. Alphabet Inc. (NASDAQ:GOOG)
Number of Hedge Fund Holdings in Q1 2026: 265
Technology giant Alphabet Inc. (NASDAQ:GOOG)’s shares are up by a strong 120% over the past year and by 16.8% year-to-date. As 2026 has settled in, Cramer has shifted his tone on the stock and become more optimistic. His latest opinion is the complete opposite of his position in 2025. Last year, the CNBC TV host was quite wary about Alphabet Inc. (NASDAQ:GOOG) due to the firm’s troubles with the Justice Department. As a result, he famously sold the shares. However, later on, Cramer regretted his decision to sell the stock. Since then, he believes Alphabet Inc. (NASDAQ:GOOG) is one of the strongest plays in the technology sector due to its strengths in video streaming, AI, cloud computing, search engines, and other platforms. On June 9th, TD Cowen raised the share price target to $475 from $450 and kept a Buy rating on the stock on the back of the strength of its cloud computing business. A recent debate surrounding Alphabet Inc. (NASDAQ:GOOG) concerns the firm’s custom AI chips called TPUs. Cramer also weighed in through a tweet:
“Google and Amazon announce once again that they have competitive chips to Nvidia and they are going to sell them to others…. How many times have they done that? Benchmarks? Clients?”
17. Amazon.com Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holdings in Q1 2026: 353
eCommerce and cloud computing giant Amazon.com, Inc. (NASDAQ:AMZN)’s shares are up by a modest 16.6% over the past year and by 7.9% year-to-date. Like other hyperscalers, the firm is also seeking to grow the relevance of its custom AI chips. This aspect has also been discussed by Cramer on several occasions. For instance, last year he went against Amazon.com, Inc. (NASDAQ:AMZN)’s management to claim that NVIDIA’s were better. Later on, he changed his mind. In a recent Mad Money episode, Cramer remarked that the firm was cleaning up with its Amazon Web Services, advertising, and semiconductor businesses. He added that Amazon.com, Inc. (NASDAQ:AMZN)’s AI chips will also hold their value over time. Bank of America discussed the firm on June 11th as it kept a Buy rating and a $330 share price target. In a recent tweet, Cramer continued to opine on the custom chips:
“Google and Amazon announce once again that they have competitive chips to Nvidia and they are going to sell them to others…. How many times have they done that? Benchmarks? Clients?”
