Jim Cramer Discussed These 22 Stocks Including A Hidden Oil & Energy Play

12. Starbucks Corporation (NASDAQ:SBUX)

Number of Hedge Fund Holdings in Q1 2026: 65

Starbucks Corporation (NASDAQ:SBUX) is a frequent feature on Jim Cramer’s radar. Most of his remarks have focused on the firm’s ongoing turnaround. In 2025, when the turnaround was in its early stages, the CNBC TV host kept the faith in CEO Brian Niccol. Starbucks Corporation (NASDAQ:SBUX)’s shares are up by 13.4% over the past year and by 24% year-to-date. A major part of Niccol’s turnaround effort has been to drive traffic more frequently to the firm’s outlet. On this front, data shared with CNBC shows that Starbucks Corporation (NASDAQ:SBUX) has managed to grow traffic at its stores for customers visiting after 2 p.m. In this appearance, Cramer discussed reports of the firm spending a whopping $400 million annually on software:

“I was shocked, I don’t know if you guys read that story, 400 million they spent on tech, Starbucks. . .well that’s a great place to cut, right, if you’re Brian Niccol you say listen, call somebody, call Dario, get him in here, I want all the stuff, I want everything changed. That’s what people are doing.”

He also discussed the firm in a tweet:

“Starbucks’ stock going nuts because it might cut out Microsoft and IBM… Brutal to think about how many companies might switch from current programs to ai–especially after companies see how much a stock climbs if a company can figure out how not to rely on expensive programs.”

ClearBridge Large Cap Growth Strategy discussed Starbucks Corporation (NASDAQ:SBUX) in its Q1 2026 investor letter:

“During the quarter, we sold Accenture and Starbucks. We discussed our rationale for exiting Accenture in the portfolio performance section. The second investment we sold was Starbucks, a specialty coffee restaurant chain. We are encouraged by CEO Brian Niccol’s turnaround plan and believe margins will materially increase over the coming years. However, in our view, the valuation already incorporates healthy margin expansion and revenue growth. Thus, there is little room for error if it takes longer for margins to improve or sales growth has a hiccup, so we elected to sell our shares.”