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 and co-host David Faber discussed one of the most important issues in the stock market right now. With discussions abound of a bubble in the AI market, Faber shared insights related to Oracle’s credit default swaps. These derivatives allow investors to manage default risks, and Faber shared a very important figure:
“One thing I would note as well, guys, Oracle’s credit default swaps. Put em up, I made a chart. Last month. You know I’ve talked to the CEOs a few weeks ago, of course. They are in many ways using, OpenAI’s using Oracle’s investment grade rating to help it build all this stuff right, cause it’s Oracle out front, OpenAI’s leasing it. But take a look. Up 50% in a month.”
In response, Cramer asked Faber whether he was implying that “someone as rigorous as Larry Ellison, may be doing something that’s not being perceived as possible?”
While Faber didn’t agree with the assertion, he did opine that he thought “the debt markets at least are taking account of the fact, that, what Oracle, you know Oracle does what, $35 billion of EBITDA and they’re committing to $300 billion to spend?”
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 November 6th.
For these stocks, we also mentioned the number of hedge fund investors. 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).
25. Linde plc (NASDAQ:LIN)
Number of Hedge Fund Holders In Q2 2025: 77
Linde plc (NASDAQ:LIN) is one of the largest industrial raw materials suppliers in the world. It primarily deals with industrial gases. Cramer previously discussed the stock in January when he pointed out that the firm was part of the ‘real’ economy that was different from the data center economy. In a report earlier this week, UBS upgraded Linde plc (NASDAQ:LIN)’s shares to Buy from Neutral and pointed out that it expects the firm’s earnings growth to accelerate in 2026. Cramer discussed the firm’s presence across a myriad of industries:
“Take a look at Linde which is one of the great industrial chemicals. Take a look at when that stock peaked. And by the way, they’re in every single industry, from wine, to data center, to oil drilling. And it’s like, pscheww, because some people were, look at that, see that is, Mr. President, that’s what’s happening. And Linde by the way, real company, real company.”
24. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders In Q2 2025: 235
AI chip designer NVIDIA Corporation (NASDAQ:NVDA) was in the news last week after CEO Jensen Huang commented that the US was going to lose to China in the AI race. Cramer discussed the firm’s chips and provided his opinion about the CEO’s comments to the Financial Times:
“Wow, I’ll tell you, Jensen mentions the crucial thing and people, this is the argument that I think some in the administration fail to understand, which is you have all these developers all over the world. And that’s who you’re trying to win over. And you don’t know whether the developer is going to develop right, so called right, on China or on us. Whoever the [inaudible] writes for, wins. And Jensen, I think is saying, in terms of cynicism, look, we don’t want the Chinese to win, but the only way to win is to get many software writers to write on NVIDIA and then it doesn’t matter. You encircle China, so then China has to fold. I don’t understand why the people in the government don’t understand that.”
23. Arm Holdings plc (NASDAQ:ARM)
Number of Hedge Fund Holders In Q2 2025: 41
Arm Holdings plc (NASDAQ:ARM) is a British chip design company. The firm’s intellectual property is used across the smartphone, personal computing, and data center industries. While typically relied on for low-power use cases, advances in chip fabrication have also enabled Arm Holdings plc (NASDAQ:ARM)’s chips to be used in data centers. Cramer has regularly discussed the stock in 2025. Recently, he commented that Arm Holdings plc (NASDAQ:ARM) was performing quite well in the CPU market. In this appearance, he commented that the firm’s CEO, Rene Haas, continues to believe that energy constraints are holding his firm back. Arm Holdings plc (NASDAQ:ARM)’s latest quarter saw it guide fiscal third-quarter revenue at $1.23 billion, higher than analyst estimates of $1.1 billion. Here is what Cramer said:
“Look, in an otherwise fantastic quarter, Rene Haas, Arm, just says, look, it’s energy. That’s the problem or else we would be on fire. And by the way I thought, I don’t know whether Rene’s stock is down, if it’s down. . .it’s down three, it was up six last night!”
22. Oracle Corp (NYSE:ORCL)
Number of Hedge Fund Holders In Q2 2025: 124
Cramer and co-host David Faber spent quite some time discussing Oracle Corp (NYSE:ORCL) on the show. The firm is a key player in the ecosystem as it hosts computing capacity in the form of NVIDIA’s GPUs. These GPUs are used by firms such as OpenAI, and Oracle Corp (NYSE:ORCL)’s capacity is built on assumptions of the future demand for AI software products and services. During the show, as we discussed in our introduction to this piece, Faber outlined a startling figure about Oracle Corp (NYSE:ORCL)’s credit default swaps. After his co-host pointed out that Oracle Corp (NYSE:ORCL) was committing to $300 billion of spend while having much lower EBITDA, Cramer responded:
“When I was up in school yesterday, anybody, all I know people want to talk about is, who has enough money to afford it. And I come back and I said, everybody but Oracle. Oracle’s got to find a huge amount of money. And I don’t know where they get it.”
21. Tesla, Inc. (NASDAQ:TSLA)
Number of Hedge Fund Holders In Q2 2025: 115
On the day this show was aired, Tesla, Inc. (NASDAQ:TSLA)’s shareholders hadn’t approved a new pay package for CEO Elon Musk. This package, which could see Musk become a trillionaire, was approved by the shareholders with more than 75% of the votes last week. The package is the largest of its kind in history, and at the shareholder meeting, voters also voted in favor of Tesla, Inc. (NASDAQ:TSLA) investing in Musk’s AI company, xAI. Cramer discussed Musk’s threats of leaving Tesla, Inc. (NASDAQ:TSLA), and whether it would be worth owning the stock if he left:
“That would be devastating. We don’t really even know that many other people who work at Tesla. I’m sure they’re very good, they’ve assembled a great team. But, it, look I’m not going to say it’s a death sentence, who would want to own that stock. I just don’t wanna own. . .This would be the highest profile decline of a company because of a CEO departure that we’ll ever see.”
20. Johnson & Johnson (NYSE:JNJ)
Number of Hedge Fund Holders In Q2 2025: 95
Johnson & Johnson (NYSE:JNJ) is one of the biggest healthcare and pharmaceutical companies in the world. The firm recently spun off its orthopedic business, and Cramer was nothing but enthused about the spinoff. He believes that the spinoff would enable Johnson & Johnson (NYSE:JNJ) to position itself to become a growth stock to compete with Eli Lilly. In this appearance, he discussed the firm’s drug portfolio for mental health conditions:
“Two hours ago the FDA approved Caplyta for major depressive disorder. There’s been nothing for this of any substance. This is fantastic news. You may have seen when you’re watching football last week, ads for Caplyta. And it’s done by Intra-Cellular, but that’s actually a company that JNJ bought. JNJ’s been pioneering work on suicide with Spravato and now they’re doing pioneering work on major depressive disorder. They are tackling things that no one else even wants to go after, congratulations, a major win, and it will be, substative and additive to earnings.”
19. Robinhood Markets, Inc. (NASDAQ:HOOD)
Number of Hedge Fund Holders In Q2 2025: 85
Robinhood Markets, Inc. (NASDAQ:HOOD) is one of Cramer’s favorite stocks in the financial technology space. He believes that the firm is integral to the wealth transfer from older generations to the younger ones. Calling it the “young person’s brokerage house,” the CNBC TV host has previously remarked that the firm enables users to invest in nearly anything they want. In this appearance, he discussed Robinhood Markets, Inc. (NASDAQ:HOOD)’s CFO and the firm’s fiscal third quarter earnings that saw its $1.27 billion in revenue and $0.61 in EPS beat analyst estimates:
“I mean I’m worried about owning Robinhood without Jason Warnick, the CFO. I mean no one’s ever heard of Jason but he’s really pretty good.
“Yeah look I think that it was a great quarter. I think that Warnick the CFO, who is really a great man, has really guided me through the situation. And he’s departing, not, look the guy, he’s done enough in life, it’s nothing that’s serious in terms of the company but a lot of us really, truly respect him and he really helped us in terms of understanding the pastiche. Its still a lot of [inaudible] it’s still a lot of crypto, but it’s still good.”
18. DuPont de Nemours, Inc. (NYSE:DD)
Number of Hedge Fund Holders In Q2 2025: 49
DuPont de Nemours, Inc. (NYSE:DD) is one of the biggest chemical companies in the world. In his appearance on October 10th, Cramer revealed that he owned the stock for his charitable trust and pointed out that owning it with interest rate levels back then would be tough. This time, he discussed DuPont de Nemours, Inc. (NYSE:DD)’s share repurchases:
“Now I spoke to Lori Koch, for a long time there’s many things that’s wrong with the releases, including the fact that they left out kevlar, that was discontinuing operation. So if you actually look, it was down three at one point, if you actually look at the numbers, and you know that the accelerated share repurchase, Goldman Sachs, starts tomorrow, 500 million dollars, and there’s another 2 billion dollars buyback, this is what, it’s very good.
“Yeah what she said imminent, they mean imminent. Now people don’t know that DuPont is no longer the size of the old DuPont. We’re talking about a company that’s only 16 billion. So if you’re buying back two billion, that is substative, David.”
17. Eli Lilly and Company (NYSE:LLY)
Number of Hedge Fund Holders In Q2 2025: 119
Eli Lilly and Company (NYSE:LLY) is the pharmaceutical giant best known for its weight loss drugs. Cramer regularly discusses the firm in his morning appearances and on Mad Money. The CNBC TV host believes that Eli Lilly and Company (NYSE:LLY) can benefit from a pill form for its weight loss drug. In this appearance, he discussed the potential for comorbidities to further help the stock and ratings action by BMO Capital:
“Lilly has another version of a, of a drug that’s in phase two. That sounds very promising. Very, 20%, 20 pounds I’m sorry, the weight loss. There are rumors that it’s more fat than muscle, that’s lost.
“I think it anticipating this, and also the fact that it’s perhaps that possible with comorbidities that everybody can get this and get reimbursed. It’s the comorbidity issue that’s so important.
“[On BMO going to 1100] Yeah, Lilly, I remember speaking to Ken Langone and he said, listen, Lilly is going to be the first non-tech company to go to a trillion dollars. I’m including that in my book, How to Make Money in Any Market, which people are starting to use the initials, which is ridiculous cause I don’t even know that. But it’s 880 billion, getting there. Getting there.”
16. AppLovin Corporation (NASDAQ:APP)
Number of Hedge Fund Holders In Q2 2025: 109
AppLovin Corporation (NASDAQ:APP) is a software company that allows customers to build advertisement platforms for digital engagement. Its shares have gained 74% year-to-date but closed 8.7% lower on Monday. AppLovin Corporation (NASDAQ:APP) reported its earnings last week, which saw the firm’s shares gain as much as 7.8% in premarket trading. The results saw AppLovin Corporation (NASDAQ:APP) post $1.41 billion in revenue and $2.45 in earnings per share. Both of these beat analyst estimates. Cramer’s previous comments about the firm have asserted that he wouldn’t bet against the stock. In fact, in January, Cramer went as far as to call AppLovin Corporation (NASDAQ:APP) a “love stock” and added that Palantir and the firm “should go get married.” This time, he asserted that the firm had no competition in its space:
“They have no competition. You know that. They have no competition. No one does what they’re doing. . no one. No one does that, they have almost a total, a hundred percent market share.”
15. Duolingo, Inc. (NASDAQ:DUOL)
Number of Hedge Fund Holders In Q2 2025: 55
Duolingo, Inc. (NASDAQ:DUOL) is a technology company that enables users to learn new languages. It reported its fiscal third-quarter earnings last week and disappointed investors by forecasting $329.5 million to $335.5 million in fourth-quarter bookings that were lower than $343.6 million in estimates. Cramer discussed the weakness in Duolingo, Inc. (NASDAQ:DUOL)’s bookings:
“Well look, I think that we’re stuck in a world where there are so many companies that reported today, that I think a lot of mistakes are going to be made. But I will say that Duolingo, the bookings do not look good. And when you sit there and you listen to Tim Cook and how he’s talking, just put in your pods and you can translate, and by the way, the glasses, I’ve used the glasses from Meta, I don’t know why you need Duolingo and apparently a lot of other people feel the same.
“Why would you ever want to know another language when there’s instantaneous translation in your ear that is going to be so much better than you trying to stumble?”
14. Cummins Inc. (NYSE:CMI)
Number of Hedge Fund Holders In Q2 2025: 59
Cummins Inc. (NYSE:CMI) is one of the biggest industrial machinery companies in the world. Cramer has discussed the firm several times over the past couple of months and pointed out that the firm’s exposure to the data center industry is underappreciated. In this appearance, he shared why Cummins Inc. (NYSE:CMI) plays an important role when it comes to data centers:
“Well look that’s data center and you get these, anybody who has engines that can possibly make it so that you do not have an outage. When I had Jen Rumsey on, I’m talking about heavyweight. And frankly, I don’t know how you could ever have a data center without Cummins. They are the ultimate backup. If it goes down, Oracle, if the engines go down David, I mean like look out. But this company is superior. I once was next to their engines, I did a show . . .when I went to Indiana, this company is second to none and we never talk about it.”
13. The Gap, Inc. (NYSE:GAP)
Number of Hedge Fund Holders In Q2 2025: 44
The Gap, Inc. (NYSE:GAP) is a well-known apparel retailer. The firm’s shares have gained a mere 1.7% year-to-date as it undertakes a turnaround. Cramer has discussed The Gap, Inc. (NYSE:GAP)’s turnaround several times in 2025. For instance, in May, he commented that the firm’s CEO Richard Dickson was finally being appreciated by the market for his efforts. More recently, Cramer remarked that he continued to believe in The Gap, Inc. (NYSE:GAP)’s long-term turnaround. With Dickson now having spent two years at the firm, in this show, Cramer simply remarked that while The Gap, Inc. (NYSE:GAP) was trying to move, it was finding it hard to do so:
“[On JPM writing about a squeeze in cyclicals and industrials] Yeah Gap is trying to move but they can’t, remember that [inaudible] hurt them a dollar and half for the stock.”
In March, Cramer discussed The Gap, Inc. (NYSE:GAP)’s turnaround strategy in detail:
“We’ve got, GAP up seven. Banana Republic up four. Old Navy up three. These are almost double what people would expect. In some case, GAP, the flagship, more than double. A lot of people say wait a second is it going to make any money . .tariffs, only 11% of its goods are made between Mexico and China. Uh, this man has taken this company, he came on first, he said listen I gotta fix the balance sheet. . . He’s got 2.6 billion in cash, got a 3% yield. This deserves to trade much higher. Somehow it dropped. . . .this thing has cascaded lower for absolutely no reason whatsoever. This is the stock to buy in retail. Alright. I wanna own Costco, which shouldn’t be down. I wanna own TJX, and I wanna own this one.”
12. NIKE, Inc. (NYSE:NKE)
Number of Hedge Fund Holders In Q2 2025: 81
As the conversation shifted to turnarounds, it was unsurprising that Cramer also mentioned athletic apparel firm NIKE, Inc. (NYSE:NKE). Like Gap, the firm is also in the middle of a turnaround. However, Cramer has expressed far more enthusiasm for NIKE, Inc. (NYSE:NKE)’s CEO Elliott Hill than he has for Gap’s CEO. The CNBC TV host believes that Hill has an in-depth understanding of the sports apparel industry and his athletic enthusiasm will bode well for NIKE, Inc. (NYSE:NKE). In this appearance, he admitted that while the turnaround is hard, those not holding the stock might regret it later on:
“Look, if Elliott Hill gets that break for Nike, cause he still says that China’s a problem, that would be huge. And you’d have to own, my charitable trust owns it, I’m down four bucks on it, I’m not proud.
“I’m not depressed, because Elliott Hill, is going to turn that company around. But it turns out, that some of these turns are so hard. The Starbucks turn is incredibly hard. The Nike turn is incredibly hard. But they can happen, and when they happen, which is going to happen. . .you’re going to wish you were in, but holy cow, it’s just not now, not now.”
11. Under Armour, Inc. (NYSE:UA)
Number of Hedge Fund Holders In Q2 2025: 37
Under Armour, Inc. (NYSE:UA) is another apparel company in the middle of a turnaround. The firm reported its fiscal second-quarter earnings last week. During the quarter, Under Armour, Inc. (NYSE:UA) brought in $1.33 billion in revenue and $0.04 in profit per share, both of which modestly beat analyst estimates. However, the firm’s midpoint full-year revenue drop guidance of 4.5% was steeper than analyst estimates of 4%. Additionally, not only was Under Armour, Inc. (NYSE:UA)’s midpoint third quarter revenue drop guidance of 6.5% well ahead of analyst estimates of 4.1%, but its profit per share guidance of $0.04 also missed $0.06 in estimates. In his previous comments, Cramer has asserted that Under Armour, Inc. (NYSE:UA)’s stock has struggled because money managers believe in 90-day cycles. In this appearance, he kept the faith:
“But it turns out, that some of these turns are so hard. The Starbucks turn is incredibly hard. . . But they can happen, and when they happen, which is going to happen I believe with Under Armour, three quarters from now, you’re going to wish you were in, but holy cow, it’s just not now, not now.
“Remember the Brian Moynihan, CEO of Bank of America, was saying, the rich people are spending more than ever. But it’s not filtering to Under Armour.”
10. Chipotle Mexican Grill, Inc. (NYSE:CMG)
Number of Hedge Fund Holders In Q2 2025: 68
Chipotle Mexican Grill, Inc. (NYSE:CMG), the fast casual restaurant chain, is another frequent feature of Cramer’s morning show. The CNBC TV host believes that the firm’s struggles are related more to its business model rather than the general consumer sentiment. In several appearances, he has pointed out that Chipotle Mexican Grill, Inc. (NYSE:CMG) struggles with high prices. However, earlier in the year, Cramer disagreed in April with worries about the firm’s same-store sales growth justifying the high share price. Later in the month, though, he opined that Chipotle Mexican Grill, Inc. (NYSE:CMG) needed a limited-time offer that was cheaper to compete with firms such as McDonald’s. More recently, he stated that the firm just couldn’t deliver, and it was starting to worry him. In this appearance, he remarked that Chipotle Mexican Grill, Inc. (NYSE:CMG) was supposed to be a winner:
“Lulu, I don’t know what to say. Chipotle I think that these were supposed to be winners with the economy. Remember the Brian Moynihan, CEO of Bank of America, was saying, the rich people are spending more than ever.”
9. Ralph Lauren Corporation (NYSE:RL)
Number of Hedge Fund Holders In Q2 2025: 54
Luxury apparel and products firm Ralph Lauren Corporation (NYSE:RL) factored into the discussion as Cramer discussed the retail industry and consumer spending. He mentioned the firm after co-host Carl Quintanilla mentioned Tapestry’s latest earnings report that saw the firm’s shares fall despite a revenue and earnings beat. Along with Tapestry, Ralph Lauren Corporation (NYSE:RL) also reported its earnings. The firm’s second-quarter results saw it raise its full-year revenue guidance growth to a 6% midpoint and beat analyst revenue and EPS estimates. Cramer mentioned Ralph Lauren Corporation (NYSE:RL) as he pointed out that the firm was attracting consumer spending, particularly from rich consumers:
“[Tapestry] Didn’t blow it out. Didn’t blow it out. But I’ll tell you where they’re spending. Do you know that Ralph Lauren has a 300,000 dollar watch? I’d give my right arm for that, which is probably what happens when you buy it. 300,000 dollar watch. This is Patrice Louvet, and his numbers are up. And I am impressed.”
8. Qnity Electronics, Inc. (NYSE:Q)
Number of Hedge Fund Holders In Q2 2025: N/A
DuPont spinoff Qnity Electronics, Inc. (NYSE:Q) has been a frequent subject of Cramer’s attention despite having IPO’d earlier this month. Last month, he called the firm “the more exciting part of DuPont’s business” due to its exposure to the semiconductor industry. Qnity Electronics, Inc. (NYSE:Q) provides packaging solutions to the semiconductor industry. In chip manufacturing, packaging is one of the final parts of the process, as it involves manufacturers assembling the cut chip die with components such as memory for end-use cases. The CNBC TV host also discussed Qnity Electronics, Inc. (NYSE:Q) on the day of its IPO and commented that “this thing is the greatest thing.” In this appearance, he asserted that the stock is the right play for the current market environment, given its exposure to semiconductors:
“I just think it’s a great company. . .this is packaging for semiconductors. That’s exactly what you want. In this market. It’s like owning Cadence but without all the stuff that you can’t understand.”
7. Advanced Micro Devices, Inc. (NASDAQ:AMD)
Number of Hedge Fund Holders In Q2 2025: 113
Advanced Micro Devices, Inc. (NASDAQ:AMD) reported its third-quarter earnings last week that smashed analyst revenue estimates out of the park. During the quarter, the firm’s revenue sat at $9.25 billion while analysts had penciled in $8.74 billion. Advanced Micro Devices, Inc. (NASDAQ:AMD)’s earnings per share of $1.20 also beat estimates of $1.16. More recently, investment bank Morgan Stanley reiterated its Equalweight rating on the shares and a $260 share price target as it commented that Advanced Micro Devices, Inc. (NASDAQ:AMD)’s MI450 AI chip would need to gain market share to justify its valuation. Cramer discussed the earnings and the broader sentiment surrounding chip stocks:
“I talked to. . .AMD was terrific, I [inaudible] to Lisa, it was just an amazing quarter. It was an amazing quarter, but that cohort’s, cohort’s down. Well because if you need backstop and then you take away the backstop, and when you say China and then you take back China, then you’re like, you’re taking it back.”
6. Meta Platforms, Inc. (NASDAQ:META)
Number of Hedge Fund Holders In Q2 2025: 260
Meta Platforms, Inc. (NASDAQ:META) continues to be a frequent feature of Cramer’s morning show after its latest earnings results sent the shares down as investors worried about aggressive capital spending. Cramer believes that the worries are overlooking the fact that Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg is positioning himself to fend off threats from OpenAI. In this appearance, he reasserted his faith in Zuckerberg and shared that you don’t bet against the Meta Platforms, Inc. (NASDAQ:META) CEO:
“Well I continue to believe that Zuckerberg is the master chess player. He goes out there and he says listen we’re going to spend this, the OpenAI, government backstop. No government backstop. He’s trying to figure out whether to go after social, whether Azure, I think he’s saying, you know what, I’d rather go after YouTube. You don’t go after this guy, this guy is playing with, he’s not playing for dinner!”
5. Diageo plc (NYSE:DEO)
Number of Hedge Fund Holders In Q2 2025: 35
Diageo plc (NYSE:DEO) is an alcoholic beverage company known for its well-known brands such as Johnnie Walker and Smirnoff. Cramer has consistently shared in 2025 that the alcoholic beverages industry is undergoing a secular shift as younger people drink less. In January, he warned that Diageo plc (NYSE:DEO) would have to cut prices and called it a “horrendous stock.” Then in July, he remarked that “I’d rather own gummies than. . .Diageo.” As November kicked off, Cramer maintained his view for Diageo plc (NYSE:DEO):
“What do the US and China have in common? . . .alcohol consumption down huge, Diageo. Huge. This is a change, this is a wholesale change. Organic growth, what is Diageo’s organic growth? Minus seven and a half. Do [inaudible] have one worse than that?
“I know, then people thought Brown-Forman was at the bottom. Diageo, it’s like you know, all the Johnnie Walkers, they paid too much for Casamigo, I think. But agave spirits are still doing well. Wine not doing that well.”
4. Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holders In Q2 2025: 156
The day this show was aired, media reports suggested that consumer electronics giant Apple Inc. (NASDAQ:AAPL) was going to pay $1 billion to Google to use the latter’s Gemini AI platform for Apple Intelligence. Given that Cramer has long pointed to an overhand in the stock due to Siri’s weakness, he spent quite some time discussing the Google news:
“This Apple, Google deal’s gonna happen. The billion dollar deal, and it’s really funny because how many people felt that Siri was way behind, way behind. Well you know they advanced that, that just gets taken off the table if that’s the case. Now the stock is down, I don’t know, people feel that maybe this is, that Google should be paying them. But this is a terrific deal and I think that the age of Siri being impersonal and, sorry, not really getting the message is over. This will be terrific. I still think that Gemini comes in and they just become the native form of this. I love this combination and I think that people have to stop complaining about Apple being behind. They’ll be fine. I think it’s so exciting. I think Apple, the price-to-earnings multiple is too low.”
3. Skyworks Solutions, Inc. (NASDAQ:SWKS)
Number of Hedge Fund Holders In Q2 2025: 39
Skyworks Solutions, Inc. (NASDAQ:SWKS) is a semiconductor company that makes and sells signal processing chips. Its products include radio frequency chips, which it is widely believed to sell to Apple. As a result, Skyworks Solutions, Inc. (NASDAQ:SWKS)’s shares are linked closely to perceptions about Apple’s orders. In this appearance, Cramer discussed the firm’s announcement that it will merge with Qorvo to create a new entity worth $22 billion. Like Skyworks Solutions, Inc. (NASDAQ:SWKS), Qorvo is also believed to be an Apple supplier. The day the news was announced, Skyworks Solutions, Inc. (NASDAQ:SWKS)’s shares closed 5.8% higher. Cramer discussed the firm’s Apple business and commented on the deal:
“Now by the way the Skyworks Solutions deal with Qorvo. People were talking about how business is not going to be that good with the largest customer, you know that’s slowing down. I’m not getting that [inaudible] with Skyworks yesterday. That’s a good deal, David, you ought to check that out.”
2. Qorvo, Inc. (NASDAQ:QRVO)
Number of Hedge Fund Holders In Q2 2025: 39
Qorvo, Inc. (NASDAQ:QRVO) is a semiconductor company that designs and sells radio frequency, power management, sensors, and other chip products. The firm came on Cramer’s radar after larger peer Skyworks Solutions announced that it would buy Qorvo, Inc. (NASDAQ:QRVO) to create a $22 billion entity. The firm’s shares closed 5.7% higher the day the deal was announced, with Skyworks per share offer of $32.50 in cash and 0.960 of its own shares translating into a final offer price of $105.31. Mizuho raised the firm’s share price target to $93 from $75 on Monday and kept a Neutral rating as it pointed to a Chinese market exit and a dip in iPhone sales. Cramer discussed Qorvo, Inc. (NASDAQ:QRVO)’s deal with Skyworks:
“Now by the way the Skyworks Solutions deal with Qorvo. People were talking about how business is not going to be that good with the largest customer, you know that’s slowing down. I’m not getting that [inaudible] with Skyworks yesterday. That’s a good deal, David, you ought to check that out.”
1. Haleon plc (NYSE:HLN)
Number of Hedge Fund Holders In Q2 2025: 21
Haleon plc (NYSE:HLN) is a consumer products company that sells items such as toothpaste and pain relief products. The firm owns several well-known brands such as Sensodyne and Panadol. Cramer recently discussed the firm and pointed out that while it appeared to be struggling in North America, it was experiencing strong growth in regions such as Latin America and India. Haleon plc (NYSE:HLN) reported its third-quarter earnings in late October and posted a 0.4% growth in its US same-store sales that was starkly different from the 1.4% dip that analysts had forecast. Haleon plc (NYSE:HLN)’s US sales results pointed towards a tight consumer economy, as while revenue from its defensive product line, Sensodyne, grew, sales of discretionary brands dropped. Cramer remarked that Haleon plc (NYSE:HLN) could be another Kenvue without the controversies surrounding Tylenol:
“I’ve got Haleon, which to me is kind of mini, you know Kenvue, could be a mini Kenvue, without the kind of the sticking points of Kenvue, you know like Tylenol. And then, [inaudible] going to introduce a new product into it.”
While we acknowledge the potential of HLN 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 HLN 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.
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