In this piece, we will look at the stocks Jim Cramer discussed.
In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer briefly commented on gold and silver prices. With prices for the latter surging to record highs, the CNBC TV host wondered whether he should melt and sell his family silverware. “When are people going to start melting their, I mean my folks gave me their silverware, it’s kind of awful. I should like go melt it right?” Cramer said.
As gold crossed the coveted $5,000 mark, Cramer reminded listeners that he had continued to advocate buying gold when the price was at $4,000 per ounce. He compared the dynamics of gold and silver and stated:
“Look I’m a gold bug, up here, I was saying the other day, when gold was at four thousand, you gotta still buy gold. I’m reiterating. They find one percent, one percent every year. There’s just not enough gold, it is precious, silver we kind of can find.”
Our Methodology
To make our list of the stocks that Jim Cramer talked about, we listed down the stocks he mentioned during CNBC’s Squawk on the Street aired on January 29th. We also provided hedge fund sentiment for each stock as of the third quarter of 2025, which was taken from Insider Monkey’s database of 978 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).
12. Meta Platforms, Inc. (NASDAQ:META)
Number of Hedge Fund Holdings: 273
Meta Platforms, Inc. (NASDAQ:META)’s shares are up by 1.2% over the past year and by 8.6% year-to-date. The firm’s fourth quarter earnings report created quite a bit of a stir on Wall Street as it led to several analysts sharing their thoughts. For instance, Barclays bumped the share price target to $800 from $770 and kept an Overweight rating on the shares. The bank commented that Meta Platforms, Inc. (NASDAQ:META) was leading in the advertising space, and its AI strengths appeared to be assuaging investor worries about high capital expenditures. Similarly, Evercore also raised the share price target to $900 from $875 and kept an Outperform rating. As per Evercore, the social media company’s fourth-quarter revenue and first-quarter guidance were among the drivers of share price following its earnings report. Meta Platforms, Inc. (NASDAQ:META)’s earnings also led to Cantor Fitzgerald raising the share price target. The financial firm bumped the target up to a hefty $860 from $750 and kept an Overweight rating. As for Cramer, the CNBC TV host was vindicated for his faith in the company after the third quarter earnings, following which he had taken the contrarian view and insisted that Meta Platforms, Inc. (NASDAQ:META) was aggressively spending in order to ensure OpenAI did not encroach on the firm’s social media moat. Naturally, Cramer had a lot to say after the latest earnings report:
“First company, other than NVIDIA, where I just say, you know what, AI, they are really monetizing it and doing it in a way that is just is incredible. For things like reels, where they’re getting a lot more engagement. Engagement being the key word here. People are very excited about looking at the ads. And remember, they have three billion people, okay. Little more than three billion. And it’s working. If you want to advertise, and you are saying consumer product company, I want to give a check to Mark Zuckerberg. I’m gonna have really big ROI myself and so is he.
“And he’s gonna make more. And he has figured out how to have AI make AI. This was tour de force call, it was very straight forward. We did a note last night for the club, and I just said, this has got to be up a hundred. I mean cause even Reality Labs, even the glasses may have a pay off. . .by the way they did hire a lot of big, expensive talent.
“It was just the kind of call, like where Jensen would say, we’re in the industrial revolution, and when we give a dollar to someone for AI, it’s explosive. This was the most justifiable call in terms of what’s going on with AI that I’ve heard, Carl. And it cheered me, because this was the company that had been spending the most and getting the least. Well, uh uh, not anymore.
“Who else says, listen the next quarter is going to be explosive? I’ve not heard that from anybody. I’ve heard a lot of people say, listen things are going to be good, but the next quarter is going to be unbelievable? I mean what is he doing, worldwide, he is getting to everybody, and people love it. He talked about Facebook numbers being great, it was a terrific call.
“I don’t want to spend too much time on Meta, but you almost feel like you have to, because what you think when you got this is this that, you know what, all along what was supposed to happen, is this that we should have agentic, we have agents doing our work, we adore our work, it turns out the agentics are doing it really well, it’s only getting better with Vera Rubin, that’s the next generation NVIDIA, and wow, I mean, up 65, uh uh, more. Because if you spend more on AI, you make even more.”
11. Microsoft Corporation (NASDAQ:MSFT)
Number of Hedge Fund Holdings: 312
Along with Meta, software giant Microsoft Corporation (NASDAQ:MSFT) also reported its earnings as January ended. However, unlike Meta, the shares closed lower following the report. Ahead of the earnings, Cramer was cautious about the firm but continued to cite faith in its management. After the report, RBC Capital kept an Outperform rating and a $640 share price target. Even though the shares dipped, the financial firm commented that Microsoft Corporation (NASDAQ:MSFT) had executed well in the quarter and had a sizable footprint in the AI and cloud computing industries. However, unlike RBC, Cramer is skeptical about the AI initiatives. In his extensive commentary, the CNBC TV host wondered whether Copilot was gaining traction and continued to heap praise on Microsoft Corporation (NASDAQ:MSFT)’s management:
“You went there and that’s where I was going to go. 15 million people and they’re proud of CoPilot? They have 1.5 billion users what is that about 1% of the people. This was a reality call, and the reality call was like, look all these things you guys have been adding, you force fed them to us, my partner, Ben said, go CoPilot, it drove him to a Dell homepage. This thing is not working, they won’t accept that. We don’t use Copilot. They will find some companies that do use Copilot, they use Copilot. But David, the spend, if you allocated it, they say if you allocated it more to Azure less to Copilot, it would have been fine, Azure would have grown. Are you going to buy into that?
“Look, I want people to understand at home, these companies are amazing. . .I wanna give Microsoft credit with this, it’s a great company doing really well. But in the end, they’re trying to groom people, get people to go to stuff, that frankly I don’t think people want.
“Amy Hood is my favorite CFO in the world. I’ve known her for a long time, she’s great. This company is fantastic. I think that, I’m making fun of Clippy, I mean Copilot, should we do that? But what really matters to me, is that, if you’re looking for money spent on AI, I want Mark, Zuckerberg, because he’s got the products people want.
“Good piece by Citi this morning. And the headline is, Self Inflicted Azure Slowdown, Copilot Momentum Accelerates. I’m not buying into the acceleration of Copilot, but I would say, they could have allocated, they could have allocated not to Copilot, not to their GPUs, just allocated to Azure and the conversation would have been different today. So I’m trying to give them a break, because they’re a great company.”
10. ServiceNow, Inc. (NYSE:NOW)
Number of Hedge Fund Holdings: 104
Software-as-a-service firm ServiceNow, Inc. (NYSE:NOW)’s shares are down by an unbelievable 45.9% over the past year and by 25% year-to-date. In his previous comments about the firm, Cramer has praised its CEO. ServiceNow, Inc. (NYSE:NOW)’s latest earnings report saw the firm report $3.5 billion in fourth-quarter revenue and $0.92 in adjusted profit per share. Both of these beat analyst estimates of $3.57 billion and $0.88. Crucially, ServiceNow, Inc. (NYSE:NOW) also forecast $3.65 billion to $3.66 billion in its first quarter revenue, which was higher than estimates of $3.57 billion. Following the earnings, Bernstein reiterated an Outperform rating and a $219 share price target for the company. The financial firm pointed out that ServiceNow, Inc. (NYSE:NOW) was cheap when compared to its peers in the software industry. However, Stifel reduced the share price target to $180 from $200 and kept a Buy rating. Stifel pointed out that for the software company’s shares to re-rate, they would have to experience a shift in investor sentiment. Cramer commented on the broader sentiment surrounding ServiceNow, Inc. (NYSE:NOW) and its industry:
“You know I gotta talk about ServiceNow when we get to them. Because I think the decline’s overdone but it doesn’t matter. It doesn’t matter. They have good numbers, they have accelerated share repurchase starts today, probably today, two billion dollars as part of a five billion dollar buyback. Bill McDermott, people were thinking, there was an undercurrent that maybe he’d leave, he signed up for a five year deal, there’s a lot of cooperation with like an Anthropic, it don’t matter, it’s software-as-a-service.
“I think there are a lot of companies that still don’t know how to handle the changes. And you need a company, like Salesforce, or ServiceNow. . .this stock was down as I was interviewing Bill, Bill McDermott the CEO and it was shocking to me, why, because this thing is now at 27 times earnings.”
9. Tesla, Inc. (NASDAQ:TSLA)
Number of Hedge Fund Holdings: 120
Tesla, Inc. (NASDAQ:TSLA)’s shares are up by 7.3% over the past year and are down by 7% year-to-date. Mizuho raised the firm’s share price target in late January. The bank kept an Outperform rating on the stock and raised the share price target to $540 from $530. The coverage for Tesla, Inc. (NASDAQ:TSLA) followed the car company’s fourth quarter earnings report. Needham also discussed the stock following the earnings report. It maintained a Hold rating on Tesla, Inc. (NASDAQ:TSLA)’s shares and discussed the firm’s car business and AI initiatives. It commented that a global presence was enabling the firm to achieve robust margins and added that the company was making good progress with its artificial intelligence initiatives. Cramer continues to believe that Tesla, Inc. (NASDAQ:TSLA) is a technology company, and in this appearance, he commented on CEO Elon Musk’s remarks about China:
“Oh my god Tesla was fabulous. . .loved it.
“That stock should be up very big and I’ll tell you why it should be up very big. Because that’s no longer a car company.
“They could just outsource the cars at this point.
“I was very depressed about the China part because when I looked at him I always think, I think we’re ahead, and he [Musk] just said, look, China is just, they’re smart people, we underestimate China. Now David, I think that a lot of people feel, wait a second, China may be a paper tiger. The government may not be as steady as we think. He just says listen, flat out, they’re fantastic.”
8. Lam Research Corporation (NASDAQ:LRCX)
Number of Hedge Fund Holdings: 93
Lam Research Corporation (NASDAQ:LRCX) is an American semiconductor manufacturing equipment provider. Its shares have gained 156% over the past year and by 13% year-to-date. Stifel bumped the firm’s share price target to $250 from $160 in mid-January and kept a Buy rating on the shares. The financial firm discussed Lam Research Corporation (NASDAQ:LRCX)’s wafer fabrication equipment (WFE) sales and remarked that the firm is likely to exceed its growth in 2026. RBC Capital also discussed the firm, as it set a $260 share price target and an Outperform rating. RBC, like Stifel, remained confident about Lam Research Corporation (NASDAQ:LRCX)’s 2026 wafer equipment sales and added that the firm had benefited from tailwinds in the memory market and Cramer also discussed the memory equipment sales as he pointed out that Lam Research Corporation (NASDAQ:LRCX) can continue to do well in the future:
“There are a whole class of companies, that, we never had a lot of 300 billion dollar companies. 300 billion dollar company, it’s the intellectual property behind a lot of what you hear. They make the machines, capital equipment, you go into the foundry and their machines are there. They make em for NAND, which is flash, they make them for memory, we’re gonna have Western Digital, Sandisk. These guys are the ones you give the order to. It’s really a beautiful company, it’s a combination of Novellus and Lam, if people remember from the 2020, from the 2012 buyout. And David, they also have something called packaging, packaging’s got a higher multiple. It’s the way that you put all the stuff together. I want people to understand, that the key to what is happening is the restraint. The companies like Western Digital, Sandisk, Seagate, they didn’t order a lot. Intel, they didn’t order a lot. And when you hear they didn’t order a lot, what are you thinking? They didn’t order a lot from this company, so now, the orders are going to be huge. . .this is the best, Tim Archer runs this conpany, it’s one of the best companies in the world. And that’s why it’s 300 billion dollars because it has the capacity to make more wafer equipment. . . they used to come see me and they say, look, we are important, and we are good, and you’d listen and they’d trace it out. And their CFO said. . .it’s like, holy cow, one day this 50 billion dollar company is going to be a 100 billion. No, it blew right through, 200, 250, 300. People need to know these companies, because this is the future.”
Artisan Value Fund also discussed Lam Research Corporation (NASDAQ:LRCX) in its third quarter 2025 investor letter:
“On the positive side, the three new purchases we made in Q2 during the post-Liberation Day market meltdown—Lam Research Corporation (NASDAQ:LRCX), ASML and ThermoFisher Scientific—were each among our top contributors to returns in Q3. Lam and ASML are semiconductor equipment companies, and Thermo Fisher is a life science tools and clinical research company. As value investors, conditions of fear and uncertainty are fertile ground for creating attractive long-term buying opportunities. Few areas of the market were under greater pressure to start the year than semiconductors & semiconductor equipment stocks. We had been researching Lam since 2023, so we knew the company well and were able to act quickly when the stock plunged. At our initial purchase, Lam was selling for ~$60, almost 50% below its July 2024 highs. Lam is one of the key global suppliers of chip equipment serving the memory (NAND and DRAM) and foundry/logic markets. The financial condition is rock solid as it has a net cash balance sheet, and the company returns 100% of earnings to shareholders via share repurchases and dividends. Shares were selling for a 17X P/E on cyclically depressed earnings at the time of initial purchase, which we believed was an attractive valuation given the compounding nature of the business.”
7. Micron Technology, Inc. (NASDAQ:MU)
Number of Hedge Fund Holdings: 105
Micron Technology, Inc. (NASDAQ:MU) is one of the strongest-performing stocks on Wall Street. The shares are up by an unbelievable 305% over the past year and by 20% year-to-date. Micron Technology, Inc. (NASDAQ:MU) is among the few companies in the world that are capable of manufacturing high-end memory chips that are used in AI GPUs. Cramer regularly discusses the firm and is one of its biggest proponents. Bernstein upgraded the share price target to $330 from $270 and kept an Outperform rating on the shares in January. TD Cowen raised the share price target to $450 from $300 and kept a Buy rating on the stock. The financial firm outlined that Micron Technology, Inc. (NASDAQ:MU) could benefit from the persistent shortages in the memory market, as it added that the potential for long-term agreements in the industry remained high. In his previous comments about the memory company, Cramer has praised Micron Technology, Inc. (NASDAQ:MU) for capitalizing on the shortages. In this appearance, he remarked how the firm’s CEO was not taken seriously before the shortages became apparent:
“Sanjay Mehrotra, did see what was coming, he built and built and built, and people laughed. They all laughed. . .and it turned out that he was the real deal.”
6. Salesforce, Inc. (NYSE:CRM)
Number of Hedge Fund Holdings: 119
Customer relationship management software Salesforce, Inc. (NYSE:CRM)’s shares are among the poorest performers in the market. They are down by 42% over the past year and by 21% year-to-date. Piper Sandler cut the share price target to $280 from $315 and maintained an Overweight rating on the shares in early February. The financial firm commented that Salesforce, Inc. (NYSE:CRM), like other software companies, could suffer from its seat-based business model and AI’s ability to enable coding. The coverage was part of Piper Sandler’s comments about the broader sector that it believes can suffer from layoffs due to AI-related pressures. Cramer has also consistently discussed Salesforce, Inc. (NYSE:CRM) recently. The CNBC TV host has pointed to the difference between the firm’s AI and non-AI businesses. He discussed the bifurcation in this appearance as well:
“Look at that Salesforce, uh jeez, and the agentic product there is great but people just feel, they sowed the seeds of their own destruction with the seat business. Mark would really disagree with that if Mark were here right now. And I think that, at one point, ServiceNow and Salesforce will get a multiple, obviously we’re not there yet.
“I think there are a lot of companies that still don’t know how to handle the changes. And you need a company, like Salesforce. . .the Defense Department contract didn’t mean anything, the 5 billion dollars to Salesforce. So all I can say is, all I can say is, this stock was down as I was interviewing Bill, Bill McDermott the CEO and it was shocking to me, why, because this thing is now at 27 times earnings.”
5. Agnico Eagle Mines Limited (NYSE:AEM)
Number of Hedge Fund Holdings: 57
Agnico Eagle Mines Limited (NYSE:AEM) is one of Cramer’s favorite mining stocks. The shares are up by 101% over the past year and by 16% year-to-date. Agnico Eagle Mines Limited (NYSE:AEM) is one of the few gold stocks that Cramer has consistently discussed. Banking giant JPMorgan initiated coverage on the firm in late January as it set a $248 share price target and a Neutral rating on the stock. The investment bank pointed out that Agnico Eagle Mines Limited (NYSE:AEM) was one of the largest gold mining companies in the world and benefited from operating mines in stable countries. Cramer has frequently discussed the point about mine stability, and he expanded on it in this appearance:
“I keep coming back to what Agnico Eagle told me, which is that, gold is so high in price, that anywhere it’s in the undeveloped world, the contracts could be broken. And the miners could be kidnapped. Because the people who have gold in their countries in Africa are saying, those contracts are no good, let’s rip them up. But, Agnico Eagle is in Canada, in Finland, and a nice part of Mexico.”
4. International Business Machines Corporation (NYSE:IBM)
Number of Hedge Fund Holdings: 66
International Business Machines Corporation (NYSE:IBM) is one of Cramer’s top stocks in the technology space. Over the past couple of months, the CNBC TV host has praised the firm’s quantum computing business. International Business Machines Corporation (NYSE:IBM)’s shares are up by 9.8% over the past year and are down by nearly a percent year to date. Stifel raised the share price target to $340 from $325 and kept a Buy rating on the shares in late January. The financial firm pointed out that International Business Machines Corporation (NYSE:IBM) was among its top defensive stock picks and added that the premium it was trading at made Stifel hesitant to “chase” it. Evercore also maintained an Outperform rating. Keeping a $345 share price target on International Business Machines Corporation (NYSE:IBM) following the firm’s fourth quarter earnings. Cramer praised the company’s CEO:
“Well look I mean there was a time when that I felt IBM was a hardware company, it was slow growth. Now it’s a hardware, software company with a hybrid cloud that’s doing well. And I thought that Red Hat, great acquisition. . .Arvind Krishna is a unbelievable remaker of IBM and my hat goes off to him, really fantastic quarter.”
3. Caterpillar Inc. (NYSE:CAT)
Number of Hedge Fund Holdings: 70
Construction and agricultural equipment provider Caterpillar Inc. (NYSE:CAT)’s shares are up by 85% over the past year and by 12.5% year-to-date. Jefferies bumped the firm’s share price target to $750 from $700 and kept a Buy rating on the shares in January. The financial firm pointed out that Caterpillar Inc. (NYSE:CAT)’s upcoming earnings report could see stable performance. The results saw the machinery manufacturer report $19.1 billion in revenue and $5.16 in profit per share to beat analyst estimates of $17.86 billion and $4.68. In his previous remarks about Caterpillar Inc. (NYSE:CAT), Cramer has repeatedly pointed to the firm’s potential to benefit from an uptick in AI data center construction. To wit, the latest earnings results saw the firm’s CEO point out that demand for products such as power generators was growing due to data center use. The demand for the power generation products was also on Cramer’s mind when he briefly mentioned Caterpillar Inc. (NYSE:CAT):
“Joe Creed’s the CEO but my hat’s off to the most really humble of CEOs, Jim Umpleby, who steered this company away from China, made it into a secular grower. And this is when you want to know how to make sure your data center doesn’t go down, you hire CAT.”
2. Vertiv Holdings Co (NYSE:VRT)
Number of Hedge Fund Holdings: 102
Vertiv Holdings Co (NYSE:VRT) is an electrical equipment company that caters to the needs of the data center and other industries. The shares are up by 47% over the past year and are flat year to date. 2026 has been relatively muted for the firm when it comes to analyst coverage. However, one take came from banking giant JPMorgan in mid-January. The bank trimmed Vertiv Holdings Co (NYSE:VRT)’s share price target to $225 from $230 and kept an Overweight rating on the shares. The coverage came ahead of the firm’s fourth-quarter earnings report. JPMorgan pointed out that a preference for growth companies was part of the coverage. Cramer has sparingly discussed Vertiv Holdings Co (NYSE:VRT) in 2026. Before JPMorgan’s commentary, Barclays had also discussed the stock. In an optimistic take, it bumped the share price target to $200 from $181 and the rating to Overweight from Equal Weight. As per Barclays, Vertiv Holdings Co (NYSE:VRT) could catch up to GE Vernova and peer firms in 2026. Cramer briefly praised the firm:
“By the way, Vertiv is a stock that we never talk about. Dave Cote, chairman, that thing is just a house of fire. . .”
1. Honeywell International Inc. (NASDAQ:HON)
Number of Hedge Fund Holdings: 76
Industrial conglomerate Honeywell International Inc. (NASDAQ:HON)’s shares are up by 11.7% over the past year and by 19.4% year-to-date. JPMorgan increased the firm’s share price target to $255 from $218 and bumped the rating to Overweight from Neutral in January. At the core of the coverage was the bank’s opinion that Honeywell International Inc. (NASDAQ:HON)’s combined business value was higher than was being perceived. In late January, RBC Capital maintained an Overweight rating and increased the share price target to $268 from $249. Cramer has also discussed Honeywell International Inc. (NASDAQ:HON) several times over the past couple of months. One factor that has crossed the CNBC TV host’s attention is the planned spinoff of the conglomerate’s quantum computing business. In this appearance, before interviewing CEO Vimal Kapur, Cramer also briefly mentioned the spinoff of Honeywell International Inc. (NASDAQ:HON)’s aerospace business as well:
“Alright I want to talk about, big position for our CNBC investing club and that is Honeywell. Reported a good quarter this morning. Spinning off its aerospace unit sooner, I thought it might be as late as December, looks like it’s going to be, well, let’s put it this way, early in the second half.”
While we acknowledge the potential of HON 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 HON and that has 100x upside potential, check out our report about this cheapest AI stock.
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