In this piece, we will look at the stocks Jim Cramer recently discussed.

In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer commented on whether President Trump would risk high inflation that could result from tariffs. While some have argued that the strengthening of the US dollar could reverse the tariffs’ inflationary impact, Cramer commented on the effect of the tariffs on trade with America’s closest trading partners.

According to him: “If you look at Mexico, I do some business in Mexico, the Peso fell apart. So suddenly we had this windfall from Peso. Kind of wanted to do more business. And then we got the deadline. Had to ship everything out really quickly. People don’t realize that the currency sometimes is adjusting and there’s a lot, it’s much more difficult than people just think.” Cramer added that the right approach to tariffs can be targeted tariffs. He believes “If you’re not in favor of targeted tariffs where there’s got to be some fair trade, I think you’re just willing to have” some of the largest and most important steel companies in America “get wiped out” due to cheap Chinese steel entering the US market via Mexico.

However, just because targeted tariffs might be right for the steel industry doesn’t mean broader tariffs are irrational. Cramer shared that “so there is like, there’s targeted, that’s Navarro [who argues for targeted tariffs], and then there’s just kind of like broad based . . .of we gotta solve the problem of why Nissan doesn’t have more plants here. I don’t it’s so irrational. . . .It comes out a little irrationally, and then it’s lumped in with some of the Ukraine things that I kind of don’t wanna talk about because they seem a little . . .”

Cramer remained focused on President Trump and also commented on his approval slipping according to a Reuters poll. The CNBC TV host outlined that while the poll might show that the President was becoming unpopular, “at the same time, when you’re with all these business executives that I was, at the Super Bowl, oh my. Oh my, I mean I’m talking about people who’re just saying, look, let’s just tell you something Jim, this election occurred, we didn’t expect it, we didn’t like the guy. But wow, business is so good, we like the guy. That was the tone, and it was the tone for every industry. Didn’t matter. . . I’m talking about every single line of work, people saw a huge expansion in business except for homes.”

While the President ran a diametrically different election campaign to his predecessor’s policies, his administration’s approach to anti-trust cases is shaping up to be quite similar. Commenting on this peculiar phenomenon, Cramer shared:

“I think the people have to understand, that the, when I went through these last night, these are actually rules of law. They are not ideological, they are not meant to hurt business, they are meant to be able to include the worker. Interestingly enough Lina Khan did not do enough to include the worker. That’s what, one of the things that said that to me, sent her way off base. But I do think that there was a neutrality to it that Democrats, Republicans, both don’t want jobs to be lost. So I don’t want people to think that it necessarily is going to lead to fewer mergers. But I would say, it’s the tone. When I speak to CEOs, they don’t expect to be subpoenaed, they don’t expect some sort of lawsuit . . .and the idea of constructive dialogue with that, with the agreement of the legalese so to speak, is actually going to change things. It’s constructive, it’s no longer hateful.”

Our Methodology

To make our list of the stocks that Jim Cramer talked about, we listed down all the stocks he mentioned during CNBC’s Squawk on the Street aired on February 19th.

For these stocks, we also mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds invest in? 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 275% since May 2014, beating its benchmark by 150 percentage points. (see more details here).

11. Etsy, Inc. (NASDAQ:ETSY)

Number of Hedge Fund Holders In Q4 2024: 58

Etsy, Inc. (NASDAQ:ETSY) is one of the few eCommerce firms that enables buyers to find specialty and custom items. Its shares are down by 32% over the past year as the firm has struggled with dropping merchandise volumes amidst a tight economy. Etsy, Inc. (NASDAQ:ETSY)’s stock dropped by 10% in February when its gross merchandise volumes for December missed analyst estimates. The firm reported $3.74 billion in GMV which fell short of the $3.88 billion in estimates. Cramer was disappointed by Etsy, Inc. (NASDAQ:ETSY)’s earnings as he shared:

“That was just so disappointing. I like Etsy so much . . .and the gross merchandise sales were just not good. I went to one of their popup stores, during the holiday season, and it was so great. And I think anyone who’s used Etsy finds that they do get the individual making the stuff for you but I guess we gotta really look at this company seriously about why it’s not doing better because it does have, I think all of us have non-mall great experience with Etsy. And I just find maybe, I mean I’m not that savvier [inaudible] with these sites but that’s where a lot of people put stuff, make stuff, I want to know what’s going on there.”

10. Dell Technologies (NYSE:DELL)

Number of Hedge Fund Holders In Q4 2024: 63

Dell Technologies (NYSE:DELL) is a computer hardware company that caters to both enterprise and consumer demand. As has been the case with other firms that offer server hardware, its shares have also depended on AI orders in today’s AI age. Dell Technologies (NYSE:DELL)’s stock dipped by 12% in November when its third-quarter results revealed lower exposure to AI demand. Similarly, they bled 8.7% of their value in January during the DeepSeek selloff. However, in February Dell Technologies (NYSE:DELL)’s stock is up by 15% primarily on the back of a purported data center order from Elon Musk’s xAI. Here is what Cramer said:

“I think that Dell’s going to have a good quarter, I know that the last quarter, people didn’t like. But they didn’t have the advantage of having Blackwell, which is something they have great, great ability to . . . “