Jim Cramer Discusses These 12 Stocks & Says Trump’s Winning

2. Core Scientific, Inc. (NASDAQ:CORZ)

Number of Hedge Fund Holders In Q1 2025: 67

Core Scientific, Inc. (NASDAQ:CORZ) is a mining infrastructure company whose products allow cryptocurrency miners to mine currencies. The shares are flat year-to-date but would have fared much worse had it not been for a Wall Street Journal report in late June about the firm’s acquisition by CoreWeave. The shares jumped by 39% in the days following the report, but fell by 17.6% after CoreWeave confirmed the deal and analysts weighed in. Before the WSJ’s report, Core Scientific, Inc. (NASDAQ:CORZ)’s shares had lost 15% year-to-date. Cramer discussed the deal and whether it would have been approved by the Biden administration:

“Yes and they’re all over me today. CoreWeave is saying that this helps them immensely in terms of the amount of power they have and it’s actually a good deal for their finances. The stock’s turned up, they were up big on, well CoreWeave was up big, and it’s given back that. This is the kind of deal that if I were Lina Khan at the FTC, I would say wait a second, Core and Core? No. We will not let a core merge with a core. . . No I mean to being facetious, but not really, in someways because I think she would say these are two companies that could compete. Which is true. But I think that this is the kind of deal that we ought to get used to having. It’s one of the things that makes me bullish. Which is that there’s not any, you know you can make a deal if you think it’s rational and not expect to be challenged. Now someone might say, you know Jim, that was really a cheap shot. No. The deference was cheap. The deference.”

The CNBC host had last discussed Core Scientific, Inc. (NASDAQ:CORZ) in December. Here is what he had said:

“Yeah, I’ll tell you… if you think that today was a seminal market, in other words, that the Fed did something that is gonna make people very nervous, this stock will go down for maybe a couple [of] days. It is very intriguing, but remember, it’s losing money. Losing money stocks will not do well in this newer environment. So let’s be careful before we buy more of that stock.”