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

3. CoreWeave, Inc. (NASDAQ:CRWV)

Number of Hedge Fund Holders In Q1 2025: 36

CoreWeave, Inc. (NASDAQ:CRWV)’s shares are among the top performers in 2025. Since their IPO in March, they have gained 284% primarily on the back of analyst and investor bullishness regarding the long-term demand for AI computing. In his previous comments about CoreWeave, Inc. (NASDAQ:CRWV), Cramer has called the firm a meme stock and warned that its high valuation means that there are investors who are eager to get out of the stock before it loses value. This time around, he discussed a recent deal CoreWeave, Inc. (NASDAQ:CRWV) made to acquire Core Scientific and his meetings with management at the time of the IPO:

“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.

“I’ve got Michael Entrator. He has done a remarkable job, I don’t know if people care about CoreWeave anymore, but, Michael Entrator’s stock opened, it was at 40 and it went up to 156! You know, did people who buy that make money or did they just kind of say you know what, I’m glad I have my index fund but by the way, no. Ben Stoto and I were very positive on CoreWeave after meeting with the company and spending some time with them. Just very impressive people who were doubted and are doubted, there’s a very big short position. But you know what, they figured they have a, when you ask NVIDIA what do you think of them, and NVIDIA bought a quarter of that IPO, NVIDIA would say great partner, great partner.

“Entrator, I mean I remember you know he said listen I need three hours, and then he took five hours, and I was like alright, you know, I got nothing else to do other than talk about the market. Everything else can be on hold.”