On Thursday’s episode of Mad Money, host Jim Cramer discussed why investors should have confidence in growth stocks and the broader market. He noted that good growth stocks can pay off.
“See, my thesis is simple: Good things actually do happen to growth stocks. They do. You gotta accept that, you gotta own it, and you have to trust the market itself.”
READ ALSO: Jim Cramer Shared Insights on These 18 Stocks and Jim Cramer Shed Light on These 14 Stocks Recently.
Cramer pointed out that previously, investors who have remained patient and stuck with high-quality stocks, not just index funds like the S&P 500, have seen substantial returns over time. By contrast, he warned against the all-too-common behavior of jumping in and out of the market, buying at peaks and selling during downturns. He said that such behavior often leads to disappointing outcomes and missed opportunities. “If you don’t trust stocks, you miss out on enormous gains,” he cautioned.
“My job is to help you try to make some money. But the skeptics, they’re more powerful than I am. They sound so smart… The skeptics have been too powerful. They never stop scaring people away. They are your worst portfolio nightmare… The skeptics always prevail. Well, almost.”
Our Methodology
For this article, we compiled a list of 11 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on August 28. 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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
Jim Cramer Discussed These 11 Stocks
11. Burlington Stores, Inc. (NYSE:BURL)
Number of Hedge Fund Holders: 41
Burlington Stores, Inc. (NYSE:BURL) is one of the stocks that Jim Cramer discussed. Cramer discussed the effects of tariffs on the company and said:
“Meanwhile, when you look at the retail stocks that are winning, they’re ultra-low price closeout operations like TJX, which had a magnificent quarter, or Burlington Stores, which offer stunning low prices. These closeout chains have no real tariff exposure because they buy excess inventory from struggling retailers for pennies on the dollar. It’s those struggling retailers that pay the tariffs when the goods arrive, not Burlington, okay, and not TJX.”
Burlington Stores, Inc. (NYSE:BURL) is a retailer of branded apparel, footwear, accessories, home goods, beauty, and baby products. The company operates under the Burlington Stores and Cohoes Fashions brands. In an August episode of Squawk on the Street, Cramer mentioned the stock and said:
“Burlington Stores, unbelievable, another example of how, about what the economy is like…
When you go to Burlington, and my wife said, Jim, why are you waiting in line for three t-shirts? And I said, because of ten dollars.”
10. Williams-Sonoma, Inc. (NYSE:WSM)
Number of Hedge Fund Holders: 50
Williams-Sonoma, Inc. (NYSE:WSM) is one of the stocks that Jim Cramer discussed. Cramer discussed the company’s quarter and the market sentiment around the stock, as he commented:
“So when you get what looks like a surprisingly good quarter from Williams-Sonoma… and you look under the hood at what prices could be coming, sellers suddenly materialize and knock these stocks right down. It’s painful to watch Williams-Sonoma get dinged. See how Laura Alber’s doing Yeoman’s work trying to keep prices down.
In the end, though, she’s got a double whammy tariff issue: the current import from overseas and then the president’s attempt to put additional tariffs on imported furniture to bring back our own domestic manufacturers. Now, on the conference call, Alber made the point that some furniture just can’t be made here because we no longer have the capacity. She’s thinking about some of the cheaper Asian products, but the market doesn’t care about any of that.”
Williams-Sonoma, Inc. (NYSE:WSM) is a specialty retailer that provides home goods, furnishings, cookware, decor, and personalized products.
9. Rush Street Interactive, Inc. (NYSE:RSI)
Number of Hedge Fund Holders: 34
Rush Street Interactive, Inc. (NYSE:RSI) is one of the stocks that Jim Cramer discussed. Answering a caller’s query about the stock during the lightning round, Cramer said:
“Oh my god, it’s gaming. It’s doing really well, but again, it’s higher multiple than DraftKings, so I gotta send you to DraftKings because it’s a cheaper stock.”
Rush Street Interactive, Inc. (NYSE:RSI) is an online gaming company providing real-money casino, sports betting, and social gaming services. In the June quarter, the company reported a strong quarter beating the top and bottom line estimates and raised the full-year guidance in light of that. Rush Street Interactive, Inc. (NYSE:RSI) generated a revenue of $269.2 million and and posted a net income of $28.8 million in Q2. The company reported an EBITDA of $40.2 million, up 88% year-over-year.
For FY 2025, the company now expects revenue between $1.05 and $1.1 billion, with the midpoint of $1.075 billion representing a 16% growth year-over-year. Rush Street Interactive, Inc. (NYSE:RSI) expects adjusted EBITDA between $133 and $147 million, with the midpoint of $140 million representing a 51% increase year-over-year.
8. Circle Internet Group (NYSE:CRCL)
Number of Hedge Fund Holders: 39
Circle Internet Group (NYSE:CRCL) is one of the stocks that Jim Cramer discussed. A caller asked Cramer whether it would be wise to continue averaging down, hold, or sell their position in the stock, after purchasing shares before and during the recent pullback, bringing their average cost to the low $160s. In response, he said:
“The way you like to do this thing is when you have a high basis like that, you’ve gotta wait until a substantial decline to be able to bring your basis down. I think under a 100 will be the next time I would buy that. They’re very proud people. They’re never going to tell you, listen, our stock’s not, you know, is not worth 30 billion. But I’ve gotta tell you, I need it to come down because I don’t make a lot of money recommending companies that are losing a lot of money other than if they’re nuclear or quantum.”
Circle Internet Group (NYSE:CRCL) provides stablecoin and blockchain infrastructure and offers a platform for payments, liquidity, and developer services. The company issues a U.S. dollar-backed stablecoin and supports a suite of related financial products.
7. EMCOR Group, Inc. (NYSE:EME)
Number of Hedge Fund Holders:
EMCOR Group, Inc. (NYSE:EME) is one of the stocks that Jim Cramer discussed. A caller asked if they should add to their position in the stock, and Cramer commented:
“Yeah, it’s another data center like company which goes into, a lot having to do with infrastructure. It’s a good company. I’m going to say it’s a little less valued, cheaper than Amphenol. I would hold on to the stock. I can’t push it right here because it’s had such a move. I feel like I’ve missed from the bottom. I’ve missed 200 points and I can’t just come out and say it’s fine right here.”
EMCOR Group, Inc. (NYSE:EME) delivers electrical, mechanical, and facilities services, including construction, maintenance, and energy solutions. Furthermore, the company supports complex infrastructure projects, building systems, and industrial operations. In the first six months of the year, the company generated revenue of $8.17 billion, up 15% year-over-year and posted a net income of $542.8 million, up 22% year-over-year.
6. Amphenol Corporation (NYSE:APH)
Number of Hedge Fund Holders: 81
Amphenol Corporation (NYSE:APH) is one of the stocks that Jim Cramer discussed. During the lightning round, a caller asked about the stock, and he said:
“Okay, this is an amazing company because it really, before we really got all excited about the data center, it was really just a kind of coaxial cable company. It is highly valued right now. It’s in the high 30s multiple. I can’t say chase the stock. If I owned it, I guess I’d hold it. That’s all I can say.”
Amphenol Corporation (NYSE:APH) designs and manufactures electrical, electronic, and fiber optic interconnect products, along with cables, sensors, and value-added systems. The company’s solutions serve several industries, such as automotive, aerospace, communications, industrial, and military markets. Aoris International Fund stated the following regarding Amphenol Corporation (NYSE:APH) in its second quarter 2025 investor letter:
“Amphenol Corporation (NYSE:APH) is a world-leading maker of electronic connectors and sensors. These devices are sold into a wide variety of end markets, including aerospace, automotive manufacturing, industrial equipment, mobile phones and data centres. Amphenol reported exceptionally strong growth in its March quarter, with revenue up on an underlying basis by 33%. Sales into the data centre market, which accounts for roughly one-third of its revenue, more than doubled in the quarter, as Amphenol gained share in a strongly growing market.”
5. The Gap, Inc. (NYSE:GAP)
Number of Hedge Fund Holders: 44
The Gap, Inc. (NYSE:GAP) is one of the stocks that Jim Cramer discussed. Cramer discussed the company’s earnings and the following conference call during the episode. He remarked:
“What’s happening with the stock of GAP this evening? After the close, the retail chain, that also owns Old Navy, Banana Republic, and Athleta, reported what, let’s call it, a mixed quarter. GAP posted a 2-cent earnings beat off a 55-cent basis; revenue came in slightly weak… same store sales up just 1%, some were looking for 2. On the other hand, management looks like it’s making real progress on the once ailing Banana Republic.
But then, management also forecasted problems with President Trump’s tariffs, and I think that’s going to be a drag on the company’s margins, and I think it because I said anything that’s involving tariffs just gets people really scared. But you know what? The stock rallied after hours because the conference call was terrific. I loved it. Right now, Wall Street only seems to care about the impact of the tariffs on retail. That will not stay the same. There’s some palpable signs of return here.”
The Gap, Inc. (NYSE:GAP) is an apparel retailer that provides clothing, accessories, and personal care products under the Old Navy, Gap, Banana Republic, and Athleta brands.
4. Axon Enterprise, Inc. (NASDAQ:AXON)
Number of Hedge Fund Holders: 62
Axon Enterprise, Inc. (NASDAQ:AXON) is one of the stocks that Jim Cramer discussed. Cramer called the company “incredibly run,” as he remarked:
“Let’s talk about the incredibly run Axon Enterprise. That’s a company formally known as Taser, but now so much more than that, especially for instance, its body cam… the police evidence management software… Over time, Axon has steadily worked its way higher, with the stock now up, I’m not, not a typo, 830% over the past five years because they just keep delivering great numbers.
We saw the same thing earlier this month when the company reported another terrific top and bottom line beat, driven by strong demand for the new products, with management also raising their full-year forecast. In response, the stock jumped over 16% the next day. But you know, it’s given back a chunk of that. Hey, maybe this could be the big buying opportunity.”
Axon Enterprise, Inc. (NASDAQ:AXON) develops TASER devices and provides hardware, software, and cloud solutions for law enforcement and public safety. Its products include body cameras, digital evidence management platforms, and connected safety technologies.
3. CrowdStrike Holdings, Inc. (NASDAQ:CRWD)
Number of Hedge Fund Holders: 66
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is one of the stocks that Jim Cramer discussed. Cramer discussed his post-earnings sentiment and the market’s reaction to the stock during the episode. He commented:
“The market often gets things wrong during earnings season, but sometimes it self-corrects pretty quickly. Take CrowdStrike, the cybersecurity play that we own for the Charitable Trust. Last night, CrowdStrike reported what I thought was a very good set of numbers. Aside from a slightly soft revenue outlook for the current quarter, everything else was just terrific. Yet the stock plunged in after-hours trading to the point where we told members of the CNBC Investing Club, buy, didn’t even wait, just buy. Sure enough, after opening down hard this morning, CrowdStrike came roaring back, finishing the session up more than 4%. It was the fifth best performer in the entire S&P.”
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) delivers cloud-based cybersecurity solutions, protecting endpoints, cloud workloads, identities, and data. The company provides threat intelligence, vulnerability management, AI-driven automation, and advanced security operations.
2. The Cigna Group (NYSE:CI)
Number of Hedge Fund Holders: 80
The Cigna Group (NYSE:CI) is one of the stocks that Jim Cramer discussed. A caller asked Cramer what he feels about the company, in light of its recent quarterly results and the fact that it is the company with the least exposure to Medicare Advantage of all the managed health care stocks. He replied:
“I’m going to take a big, big monster pass on Cigna and suggest that you pull down some CVS. Yes, because I think that the old Consumer Value Stores, by the way, I think CVS is crushing it. And I think this guy David Joyner, you know, mi casa es su casa, David Joyner, what does that really mean? It sounds good.”
The Cigna Group (NYSE:CI) provides health insurance and related services, including pharmacy benefits, behavioral health, dental care, and Medicare plans. Additionally, the company offers global health coverage and employer-focused insurance solutions.
1. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders: 235
NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks that Jim Cramer discussed. Cramer called the company stock his “best pick ever.” He said:
“The greatest stock that I’ve ever laid eyes on, my best pick ever, NVIDIA, and its wonderous CEO Jensen Huang… So how big could this market for genuine thinking machines be? I don’t know, according to Jensen, 3 or $4 trillion in four years. NVIDIA could triple its revenues from these new chips. I don’t want to sell a stock of a company that’s reinventing the very concept of work. I don’t want to stand in the way of a revolution led by Jensen Huang. I want to be skeptical, but not cynical…
I think the market that NVIDIA dominates is the biggest in the world. If NVIDIA were a software company like Microsoft or Google, we’d be comfortable with paying double the $4.3 trillion that the business is currently valued at… The opportunity for NVIDIA, I think, is in many ways more enormous than any of those, certainly worth $4.4 trillion. But if the company executes as it has, then its valuation could double from the $4.4 trillion it trades at right now, and I wouldn’t mind paying that price…
Last night, NVIDIA reported one of the most amazing quarters ever with more than 50% growth… Do you know that because of the skepticism about NVIDIA, especially the corrosive pessimism about the market in general, NVIDIA stock now sells for a cheaper price to earnings multiple than the average stock in the S&P 500?”
NVIDIA Corporation (NASDAQ:NVDA) develops advanced computing, graphics, and AI solutions, providing platforms for gaming, data centers, automotive technologies, and enterprise AI.
While we acknowledge the potential of NVIDIA Corporation (NASDAQ:NVDA) as an investment, our conviction lies in the belief that 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 NVDA and that has 100x upside potential, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.
