Jim Cramer, host of Mad Money, said Thursday that the insider selling he is seeing in several companies reminds him uncomfortably of what went on during the dot-com years.
“Somebody has to pay the bad guy. Might as well be me. In the last two months, regular viewers of this show know I’ve gotten cautious on the more speculative stocks connected to the data center and AI. I’ve said repeatedly that when I see insider selling and secondary offerings, borrowings, and operations with no revenue, I’d have to take a step back. I had proclaimed 2025 as the year of magical investing, where if you bought anything, anything at all that’s involved in the data center, you made money.”
READ ALSO Jim Cramer’s Latest Comments on These 17 Stocks and Jim Cramer Recently Put These 18 Stocks Under a Microscope
However, Cramer admitted that earlier in the week, he made a sharp turn. He said he “pulled the plug on the year of magical investing” and declared it finished. He added that it was “a hideous day,” especially for tech stocks tied to data centers and AI. He noted that money is moving either to the sidelines or into high-growth areas outside tech. He made clear that he does not intend to walk away from companies in AI that actually generate strong profits, his trust has not, and he emphasized that he recognizes a mania when he sees one. He added, “This one feels like it’s starting to unwind.”
“The bottom line: At this point, there’s more than one nail in the coffin of the year of magical investing. A few more of these, and you know what? It’s going to be like that Stephen King book, which I absolutely love. He can do a sequel to a Pet Sematary, and he can fill it… this time with Bitdeers and all sorts of other crypto or AI animals. I definitely would read it, but please don’t ask me to live through it again.”
Our Methodology
For this article, we compiled a list of 16 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on November 13. 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 These 16 Stocks Recently
16. Lam Research Corporation (NASDAQ:LRCX)
Number of Hedge Fund Holders: 85
Lam Research Corporation (NASDAQ:LRCX) is one of the stocks Jim Cramer discussed recently. During the lightning round, when a caller mentioned that they are a long-term holder of the stock, Cramer commented:
“I’ll tell you, Applied Materials reported tonight, and they did not do a good job. They haven’t done a good job. Lam is a better company. I think tomorrow Lam will be down because of Applied Materials, and then you want to start nibbling at that stock.”
Lam Research Corporation (NASDAQ:LRCX) develops equipment for depositing, etching, and cleaning semiconductor materials. It includes systems for tungsten and copper metallization, plasma and atomic-layer deposition, dielectric and conductor etch, and wafer cleaning. A caller asked about the company’s stock during the September 15 episode and Cramer responded:
“Yeah, someone downgraded Lam Research the other day, and I said, are you out of your mind? That’s the chief intellectual property of semiconductor capital equipment. I think it is still a buy even though it just had this parabolic move, up 65%. Do not sell it. Be a buyer.”
15. Conagra Brands, Inc. (NYSE:CAG)
Number of Hedge Fund Holders: 38
Conagra Brands, Inc. (NYSE:CAG) is one of the stocks Jim Cramer discussed recently. A caller asked if the stock is a dividend trap or if they should start “nibbling” on it. Here’s what Mad Money’s host had to say:
“The revenues are flat for Conagra for multiple years. I do not invest in companies that have flat revenues for multiple years.”
Conagra Brands, Inc. (NYSE:CAG) produces packaged foods across shelf-stable, refrigerated, and frozen categories. Some of its brands include Slim Jim, Birds Eye, Marie Callender’s, Duncan Hines, Healthy Choice, and Reddi-wip. Cramer discussed the company’s dividend during the September 30 episode and commented:
“Tomorrow, Conagra Brands report. Solid brands, right? Birds Eye, Hunt’s, BOOMCHICKAPOP… household names, along with many others, plus the stock yields 7.6%. What’s not to like? Precisely what’s not to like is that 7.6% dividend yield. How can a packaged food company offer you such a great return? It’s because most investors don’t believe they can keep paying that dividend at current levels.
Now, you might be tempted to buy Conagra, it’s a solid company, but I’d rather go for it when it yields 7.6 going to 6 because then I’d be less concerned. If you buy the stock right now, you’re reaching for yield, which is something you should never do because if a dividend gets cut, stock’s going to get hammered no matter what. And let’s not forget when the yield was 5 or even 6, it didn’t stop the stock from going down, did it?”
