In this article, we will discuss: Jim Cramer Discussed These 5 Stocks Including A Hidden Oil & Energy Play. For more stocks, you can head to Jim Cramer Discussed These 22 Stocks Including A Hidden Oil & Energy Play.
5. Costco Wholesale Corporation (NASDAQ:COST)
Number of Hedge Fund Holdings in Q1 2026: 107
Retailer Costco Wholesale Corporation (NASDAQ:COST) is one of Jim Cramer’s favorite stocks and one that he has continued to support even though the shares have struggled. The stock is down by 6.6% over the past year and up by 7.2% year-to-date. July hasn’t been a great month for Costco Wholesale Corporation (NASDAQ:COST)’s stock, as it closed 4.2% lower on the 9th. On that day, the firm released its June sales report. The figures saw Costco Wholesale Corporation (NASDAQ:COST) post slower adjusted comparable sales over the previous months. Cramer commented on the report and mentioned an overall tight operating environment:
“People felt the month wasn’t that great. And Costco’s in a funk. At 44 times earnings I like it. I contrast the funk with what Walmart’s in. Which is again, it’s a very tough space right now.”
Bell Global Equities Fund discussed Costco Wholesale Corporation (NASDAQ:COST) in its May 2026 investor update:
“In a similar vein, we also exited our position in Costco Wholesale Corporation (NASDAQ:COST), where we felt the premium valuation – at approximately 45x forward earnings – meant the risk-reward profile on a forward-looking basis was no longer compelling, particularly at a time when many other high-quality companies have seen their valuations de-rate materially lower. We continue to believe Costco is a great business and have held the position in the portfolio for over 12 years, during which time the stock delivered a total shareholder return of approximately 1,000% ~21% CAR. Ultimately, competition for capital within the portfolio is as intense as ever following the underperformance of other high quality companies, and we will continue to monitor Costco closely for a reinvestment opportunity.”
4. Levi Strauss & Co. (NYSE:LEVI)
Number of Hedge Fund Holdings in Q1 2026: 35
Apparel firm Levi Strauss & Co. (NYSE:LEVI)’s shares are up by 13.8% over the past year and by 16.8% year-to-date. The stock has traded erratically over the past couple of days. On July 9th, the shares closed 2% lower. The day before, after markets closed, Levi Strauss & Co. (NYSE:LEVI) posted its second fiscal quarter earnings report. The results saw the firm post $1.56 billion in revenue and $0.28 in adjusted earnings per share to beat analyst estimates of $1.52 billion and $0.24. Additionally, Levi Strauss & Co. (NYSE:LEVI) also raised full year sales growth guidance to 7% and 7.5% from the earlier 5.5% and 6.5%. The guidance raise also beat analyst estimates. However, the share reacted rather strongly to the earnings – and not in a good way. Cramer couldn’t believe the reaction to Levi Strauss & Co. (NYSE:LEVI)’s earnings report:
“I think that’s a ridiculous reaction to a very good quarter. And they’re making money in athleisure, no one’s doing that except for them. Beyond Yoga was terrific. 51% DTC, the margins are fantastic. What she’s done with Women’s is great. This stock has a history of going down when they report, you buy it and then it goes higher. I think this is a terrific story.”
He held a similar opinion in a tweet:
“What was with that raid on LEVI… Good quarter”
3. Intel Corporation (NASDAQ:INTC)
Number of Hedge Fund Holdings in Q1 2026: 112
Intel Corporation (NASDAQ:INTC)’s shares are up by a whopping 371% over the past year and by 178% year-to-date. It is a classic example of a stock that Jim Cramer got right. Before Intel Corporation (NASDAQ:INTC)’s current CEO Lip-Bu Tan took over, the CNBC TV host was adamant that the firm needed to fix its balance sheet. Cramer went as far as to reveal that he had pressed former Commerce Secretary Gina Raimondo multiple times about Intel Corporation (NASDAQ:INTC)’s balance sheet. After Tan took over, he fixed the balance sheet and proved Cramer right. The shares have also performed well since the new CEO’s arrival as they have been driven by catalysts such as renewed demand for CPUs for the AI buildout due to the requirements of agentic AI. In this episode, Cramer briefly discussed the price increases of Intel Corporation (NASDAQ:INTC)’s chips:
“In the same way that the price cuts at PepsiCo for chips, the price increases for chips at Intel are extraordinary.”
2. PepsiCo, Inc. (NASDAQ:PEP)
Number of Hedge Fund Holdings in Q1 2026: 72
Food products giant PepsiCo, Inc. (NASDAQ:PEP)’s shares are up by 1.3% over the past year and are down by 3.4% year-to-date. Cramer has regularly discussed the firm several times over the past couple of months. He has praised PepsiCo, Inc. (NASDAQ:PEP) CEO Ramon Laguarta on multiple occasions and commented on the threat to the firm’s products from weight loss drugs. PepsiCo, Inc. (NASDAQ:PEP) reported its fiscal second quarter earnings on July 9th. The results saw the firm post $24.18 billion in revenue and $2.20 in adjusted earnings per share to beat analyst revenue estimates of $23.95 billion and miss earnings estimates of $2.21. Ahead of the earnings, Citi had reduced PepsiCo, Inc. (NASDAQ:PEP)s share price target to $170 from $182 and kept a Buy rating. The bank explained that the food products firm was experiencing difficulties in its North American markets. Cramer briefly mentioned the firm ahead of his interview with its CEO:
“Alright, PepsiCo’s shares. This is going to be a tough one because this is a great American company with a great growth tradition and it’s not taking hold here.”
1. CVS Health Corporation (NYSE:CVS)
Number of Hedge Fund Holdings in Q1 2026: 84
Healthcare insurance provider and pharmacy firm CVS Health Corporation (NYSE:CVS) is another favorite Jim Cramer stock. The shares are up by 61% over the past year and by 29.9% year-to-date. July is an important month for the firm as it reached a $440 million settlement with the Department of Justice in partnership with its Omnicare subsidiary. The settlement was part of an order by a Federal judge that required Omnicare to pay $948 million in damages for filing false claims. As part of its statement released in tandem with the settlement, CVS Health Corporation (NYSE:CVS) outlined that the agreement was not an admission of guilt. The firm added that the settlement was intended to save the costs of long drawn litigation. Cramer discussed RBC Capital’s coverage of CVS Health Corporation (NYSE:CVS) where the bank raised the share price target to $113 from $107 and kept an Outperform rating on the stock:
“We talk a lot about tech, but the real bull market here has been for the last year, the UNH managed care insurance business. And today, CVS, price target increased by RBC. Don’t forget, we’ve got Walgreens basically disappearing, we got Rite Aid disappearing, we got CVS redoing the front of the store, and CVS doing a terrific job with Aetna. It doesn’t matter, CVS, the UNH, the Humana, it’s just monstrous, the price increases.”
While we acknowledge the potential of CVS 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 CVS and that has 100x upside potential, check out our report about the cheapest AI stock.
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