Jim Cramer Discussed Expensive Phones, A Cheap Stock Sector & These 18 Stocks 

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?”

16. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holdings in Q1 2026: 112

Chip manufacturing giant Intel Corporation (NASDAQ:INTC)’s shares are among the hottest on the market. They are up by a whopping 535% over the past year and 240% year-to-date. Ever since the firm’s new CEO, Lip-Bu Tan, took over, Cramer has been nothing but optimistic about Intel Corporation (NASDAQ:INTC). He holds the opinion that Tan is one of the best executives in the semiconductor industry and marks a breath of fresh air over his predecessor, Patrick Gelsinger. On June 1st, Wells Fargo discussed Intel Corporation (NASDAQ:INTC) and raised the share price target to $110 from $85 and kept an Equal Weight rating on the shares. The bank remarked that the firm was slated to benefit from the growth in agentic AI demand. Cramer discussed Intel Corporation (NASDAQ:INTC) in several tweets:

“Intel will work.. best area of complex

“I know i pushed club members hard yesterday to buy Intel, I have not been able to confirm the Intel-AAPL deal that the president posted about in Truth Social. Hold on!”

15. Space Exploration Technologies Corp. (NASDAQ:SPCX)

Number of Hedge Fund Holdings in Q1 2026: N/A

Elon Musk’s rocket company, Space Exploration Technologies Corp. (NASDAQ:SPCX), is the most widely discussed stock this month. The shares were on the media’s radar after their highly anticipated IPO. Like the media and markets, Cramer has also watched Space Exploration Technologies Corp. (NASDAQ:SPCX)’s stock like a hawk. Before the shares started trading, the CNBC TV host remarked that investors were selling whatever they could to raise money to buy the shares. After the IPO, he clocked the shares gaining one point per hour and received much criticism for inadvertently calling out the top. In this appearance, Cramer showed just how closely he was watching Space Exploration Technologies Corp. (NASDAQ:SPCX)’s shares:

“Well I had to. They were looking for, they, whoever is handling some of the books, or, were looking for sellers last night. As late as nine, ten. And they were paying two hundred. Between 2:47 and 4 o’ clock was something I haven’t seen in a long time. This stock made a run at 211, 212. Then when Morgan comes on, its at 213 and they throw it back to 210. And then, David, they brought it all the way back to 201. Meme stocks, are moved up, in the middle of the night, the dark of the night, in the wee hours of the night. And then sometimes sellers come in and sometimes sellers get exhausted. David this was a remarkable run based on nothing, and there are sellers. But not big ones.

“But David, how about the fact that, the Russell, Russell’s about to admit it and then after that, the Nasdaq-100. You know, I just think that we’re going to look at these indices and say, why didn’t we get ahead of it? A momentum person says, look, there’s some really huge buying coming up. And I gotta get in ahead of it. I mean it’s happening.

“. . .you know when I think about, you take a look at what the Nasdaq-100’s going to do, it’s going to happen very quickly, and you know what happens then is if you bought it now, you probably could flip it.”

As trading closed on June 18th, he commented:

“SpaceX only walked up about $2 today. I figure people will understand you can’t move this one that easily…”

14. Honeywell International Inc. (NASDAQ:HON)

Number of Hedge Fund Holdings in Q1 2026: 75

Honeywell International Inc. (NASDAQ:HON) is one of the largest industrial conglomerates in the world. Its shares are up by 9.6% over the past year and by 16% year-to-date. RBC Capital discussed the firm on June 5th. It raised the share price target to $275 from $268 and kept an Outperform rating on the stock. The financial firm discussed Honeywell International Inc. (NASDAQ:HON)’s Investor Day that occurred on June 11th and remarked that it expected the firm to post mid-digit organic growth. On the 11th, the firm released a press release. In it, its CEO commented that the firm expects “our enhanced strategic focus will deliver 4% – 6% organic growth, more than 60 basis points of margin expansion annually, and over 10% earnings growth annually at over 90% free cash flow conversion over the next three years.” Crmaer discussed Honeywell International Inc. (NASDAQ:HON) in the context of the LNG disruption:

“Yeah I think that’s possible. I spoke to the people at Honeywell Technologies, they’re all set. They do a lot of the heat exchangers which is really the critical part of LNG. I was surprised to know that really is it. And they showed it off.”

13. The Travelers Companies, Inc. (NYSE:TRV)

Number of Hedge Fund Holdings in Q1 2026: 54

The Travelers Companies, Inc. (NYSE:TRV) is one of the largest property and casualty insurance companies in America. Its shares are up by 16% over the past year and by 7.9% year-to-date. JPMorgan discussed the firm on May 26th. It boosted The Travelers Companies, Inc. (NYSE:TRV)’s share price target to $322 from $316 and the rating to Neutral from Underperform. The banking giant outlined that the insurance company could continue to face risks from casualty reserves, but added that this was a problem faced by the entire industry. On the same day, Piper Sandler raised the share price target to $340 from $329 and kept an Overweight rating. The coverage came after the first quarter earnings, and Piper commented that focus should be on carriers rather than insurance brokers. Cramer discussed recent downgrades of The Travelers Companies, Inc. (NYSE:TRV)’s stock:

“By the way the ones that had been sticking were oil, insurance, which is collapsing. I don’t know why insurance is collapsing, so many downgrades of Travelers.”

12. Lennar Corporation (NYSE:LEN)

Number of Hedge Fund Holdings in Q1 2026: 66

Homebuilding giant Lennar Corporation (NYSE:LEN)’s shares are down by a strong 15.7% over the past year and 13.9% year-to-date. RBC Capital reduced the firm’s share price target to $85 from $88 and kept an Underperform rating. In its coverage, the financial firm discussed Lennar Corporation (NYSE:LEN)’s third-quarter guidance and the turmoil in the housing market, which led to the weaker-than-expected estimates. RBC added that sales incentives to spur growth might not last due to pricing pressures and the need to reduce prices. Ahead of Lennar Corporation (NYSE:LEN)’s second-quarter earnings, Bank of America reduced the firm’s share price target to $84 from $88 and kept an Underperform rating on the shares. Cramer discussed the earnings report in the context of a potential improvement in inflation as a gift for President Trump:

“He’s [Trump] maybe getting a gift, if you go through the Lennar quarter, which people, it kind of just happened. . .it just seems like even housing could come down.”

11. QUALCOMM Inc. (NASDAQ:QCOM)

Number of Hedge Fund Holdings in Q1 2026: 71

QUALCOMM Inc. (NASDAQ:QCOM) is one of the largest semiconductor design companies in the world. Its shares are up by 49% over the past year and by 30.7% year-to-date. On June 12th, Wells Fargo commented on the firm’s shares. It kept an Equal Weight rating on the shares and raised the share price target to $230 from $160. The coverage came ahead of QUALCOMM Inc. (NASDAQ:QCOM)’s Investor Day, as Wells Fargo outlined that the firm could earn more than $2.50 per share for every gigawatt of capacity deployed. On June 5th, JPMorgan raised QUALCOMM Inc. (NASDAQ:QCOM)’s share price target to $265 from 160 and kept a Neutral rating on the stock. It remarked that the chip company could target more than $3 billion in data center revenue during its investor day. Cramer discussed a WSJ article that outlined QUALCOMM Inc. (NASDAQ:QCOM) as a rare AI chip value play:

“Yes and, what the Journal [inaudible] the remaining bargain in AI. And I was thinking, oh god, I hope that David doesn’t read that, cause I think he thinks that the idea that could be a bargain, Qualcomm. . .the problem with all these is that they’re in their own world. . .”

10. CoreWeave Inc. (NASDAQ:CRWV)

Number of Hedge Fund Holdings in Q1 2026: 63

AI computing infrastructure provider CoreWeave Inc. (NASDAQ:CRWV) is one of Jim Cramer’s favorite stocks. The shares are down by 35% over the past year and are up by 48% year-to-date. The CNBC TV host continues to believe that when compared to other firms, such as Oracle, CoreWeave Inc. (NASDAQ:CRWV) continues to be the leader in the space when it comes to building data centers. Earlier this month, Bernstein discussed the firm’s shares on the 8th. It reiterated a $67 share price target and an Underperform rating. In this episode, Cramer discussed Cantor’s coverage of CoreWeave Inc. (NASDAQ:CRWV) and kept an optimistic tone:

“Yes, and I do and in part because it’s got the best handle on the buildout. And this morning, Cantor comes up with a piece looking at the debt documents, showing that the backlog maybe much greater when they report. It trades on backlog. . .but I keep thinking, if you want to out a rocket into space with a data center, you know, I mean, you might, at least, peruse CoreWeave’s work cause that’s the one who knows how to build them fast.

“That they have likely secured 90% of its year end 27′ commitment. . .”

9. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holdings in Q1 2026: 282

Software giant Microsoft Corporation (NASDAQ:MSFT)’s shares have been among the weakest this year. Over the year, they are down by 20% while year-to-date they are down by 19.8%. TD Cowen kept a Buy rating on Microsoft Corporation (NASDAQ:MSFT)’s shares on June 4th and maintained a $540 share price target. It remarked that the company is making progress in the AI software space by launching new models focusing on cost control. It added that these products should also reduce Microsoft Corporation (NASDAQ:MSFT)’s reliance on external products. Cramer has also discussed the firm several times this year. Most of his commentary has focused on weaknesses of the Copilot software platform. In this appearance, he discussed the shares being weak amidst the market turbulence generated by SpaceX’s IPO:

“And David, Microsoft is down six. So Microsoft is really helping the cause. . .they are next, they’re [SpaceX] coming for ’em. He’s [Elon Musk] coming for ’em. . .I was surprised Microsoft was down as well as it was, yesterday.

“Well Microsoft’s helping out. I was surprised it was up yesterday. I know that they may not be worried about job loss. I’m worried about earnings loss. I want to see some earnings momentum from that hyperscaler. Because they’re the one that’s. . .most in the firing line.”

Sands Capital Select Growth Strategy discussed Microsoft Corporation (NASDAQ:MSFT) in its Q1 2026 investor letter:

“Microsoft Corporation (NASDAQ:MSFT) reported revenue and operating income above consensus expectations, but shares declined as Azure growth met, rather than exceeded, investor expectations. Azure grew 38 percent year over year on a constant currency basis, consistent with recent quarters, and guidance did not signal near-term reacceleration. Capacity constraints, rather than demand, continue to limit Azure growth. Microsoft is prioritizing compute for internal AI workloads, including Copilot, which reduces near-term availability for external customers. This reflects strong underlying AI demand and reinforces Microsoft’s positioning, even as it constrains reported growth. We see potential for acceleration as capacity expands. Additionally, Microsoft’s leadership in agentic AI development represents incremental upside that we believe is not yet reflected in expectations.”

8. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holdings in Q1 2026: 101

Customer relationship management software products provider Salesforce, Inc. (NYSE:CRM)’s shares are down by 41% over the past year and by 40% year-to-date. Truist kept a Buy rating and a $280 share price target on the firm on June 15th. It discussed Salesforce, Inc. (NYSE:CRM)’s acquisition of customer agent platform provider Fin. According to Truist, the software company’s scale can help its target firm expand its market presence. On the same day, Jefferies reiterated a Buy rating on Salesforce, Inc. (NYSE:CRM)’s shares and remarked that the Fin acquisition will accelerate AI adoption. Cramer, on the other hand, shared mixed sentiment towards the deal:

“Once again, it was like Salesforce bought a company and I said, oh, finally the company’s going to move its base more towards AI, a little less towards software-as-a-service, no. No.”

Diamond Hill Select Strategy stated the following regarding Salesforce, Inc. (NYSE:CRM) in its Q1 2026 investor letter:

“Shares of Salesforce, Inc. (NYSE:CRM) declined amid concerns around generative AI competition, with revenue and profit growth trending below expectations. Despite a more prolonged slowdown than initially anticipated, growth appears poised to reaccelerate in 2026, and if management’s longer-term guidance proves accurate, revenue growth and profitability should trend higher over time.”

7. Yum! Brands, Inc. (NYSE:YUM)

Number of Hedge Fund Holdings in Q1 2026: 57

Restaurant firm Yum! Brands, Inc. (NYSE:YUM)’s shares are up by 9.3% over the past year and by 1% year-to-date. The firm was in the news lately when it announced that it would sell the iconic Pizza Hut food chain for a $2.7 billion price tag. Earlier this year, on March 20th, TD Cowen reiterated a $180 share price target and a Buy rating on Yum! Brands, Inc. (NYSE:YUM)’s stock. The firm outlined that the food company had strong marketing and menus. Cramer commented on the Pizza Hut sale and compared the pizza chain with its peers:

“No but the numbers, the numbers just aren’t there. . .that’s a lot of money to get for that. . .okay so I’m looking at the Pizza Hut compares, versus, say, Domino’s. Let’s do US, US is same store sales, we’ve got it as -4% for Pizza Hut, but plus 0.9 for Domino’s, even minus three nine for Papa John’s. So it is the worst. At one point I actually questioned the previous management, why don’t you pay someone to take it?”

6. Roku, Inc. (NASDAQ:ROKU)

Number of Hedge Fund Holdings in Q1 2026: 68

Roku, Inc. (NASDAQ:ROKU) is a TV streaming platform. Its shares are up by 70.5% over the past year and by 27% year-to-date. Over the month, the stock 11.2% after it closed 20% higher on June 12th. On that day, news broke that Fox News had announced to acquire the company for a massive $22 billion price tag. Roku, Inc. (NASDAQ:ROKU) had reported its earnings on May 1st as it reported $1.13 billion in revenue and bumped up its full-year outlook. On April 21st, Guggenheim raised the share price target to $130 from $115 and kept a Buy rating on the shares. The financial firm outlined that Roku, Inc. (NASDAQ:ROKU) was evolving strategically due to factors such as its user growth. Cramer discussed the acquisition and remarked that he was a believer:

“Did you listen to Richard Greenfield’s question to Anthony Wood on the conference call? He’s basically like, why did you do the review? Why now, why now? With an implication that maybe something is not good at Roku. . .I am a big believer in this deal.”

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