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 discussed Elon Musk’s xAI and its Grok assistant. Cramer frequently discusses Grok in his morning show, and he has gone as far as to share that he believes Grok is the best AI model amongst all others that he’s used. One aspect that’s impressed Cramer is Grok being up to date with the latest details, particularly about the latest earnings releases.

This time around, he shared discomfort with how Grok was interacting with him:

“Well, Grok just keeps liking me and it’s repulsive. It liked what I had to say about some of the things I said about Trump last week. . .It watches me closely, and it tells me, it critiques me. So it’s a little scary. Because you know what, it’s kind of like my father would critique me.”

Cramer added:

“It’s the most sycophant, I mean it’s like, repulsively, it’s cloying in how much it loves me.”

One of the hottest and controversial topics in the media right now is President Trump’s restrictions on China. The President is confident that he will reach a deal with China, and Cramer commented on how different AI chatbots yield different answers when asked about an embargo on China:

“. . .ask AI whether China would collapse if you embargoed it. . .and ask it among all sites. Including DeepSeek. You’d get a different answer from DeepSeek. DeepSeek by the way, not that reverential towards. . . a little more critical.”

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 May 27th.

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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

12. Waste Management, Inc. (NYSE:WM)

Number of Hedge Fund Holders In Q1 2025: 66

Waste Management, Inc. (NYSE:WM) is one of the biggest waste collection and management companies in America. The shares have gained 18% year-to-date after having recovered from their 8.6% post-Liberation Day drop in April. Cramer has discussed Waste Management, Inc. (NYSE:WM) several times in his show in 2025. He believes the firm is enjoying tailwinds from President Biden’s infrastructure spending and is attractive due to its domestic exposure. However,  Waste Management, Inc. (NYSE:WM)’s shares still remain vulnerable to recessionary concerns as they reduce the demand the firm experiences for some products. In his recent remarks, Cramer called the firm “timeless,” and this time, after co-host David Faber sarcastically commented that tariffs could reduce imports to the US and save the space for stuff thrown in landfills, Cramer remarked:

“I could buy Waste Management consistently because of Temu. . .well I got to find out how badly Shein’s been hurt.”

Cramer discussed Waste Management, Inc. (NYSE:WM) in detail earlier this year. Here is what he said:

“For some reason, road building is a big theme among the winners and that means you want to own Martin Marietta Materials. […] as well as WM, that’s the artist formerly known as Waste Management which gets a big boost from construction. […]

[Talking about each company’s strengths] Martin Marietta’s exposure to faster growth areas, while WM does well when more community roads are built. […]

Like the other stocks on this list, you have to love how domestic these companies are i’m thinking the road building plays are working as the money from all of Biden’s infrastructure program is finally being put to work better late than never although I’m sure there are Biden people who question that flip judgment. It’s working right here right now and I think it’s going to continue to do so even if interest rates edge higher because of the housing shortage I would own any of these.”

11. Macy’s, Inc. (NYSE:M)

Number of Hedge Fund Holders In Q1 2025: 37

Macy’s, Inc. (NYSE:M) is one of the largest retailers in America. The firm’s shares have struggled in 2025 as they have lost 27% year-to-date. The firm’s shares have been hit with the double-whammy of troubled sales and the potential impact of tariffs. Macy’s, Inc. (NYSE:M)’s is currently undergoing a turnaround effort that involves the firm closing its stores. The impact of tariffs was clear on the stock as it sank by 24% in the days after the Liberation Day tariff announcements. Cramer’s remarks about Macy’s, Inc. (NYSE:M) surrounded the firm’s turnaround effort:

“I’m worried about Macy’s very much.

“That’s gonna be a [inaudible] for Macy’s, because they’re still closing stores and you want growth.”

Cramer’s previous remarks about Macy’s, Inc. (NYSE:M) revolved around the impact of tariffs on the firm. Here’s what he said:

“I have to imagine that Macy’s or a Kohl’s could get hung up on these things too… Of course, these stocks are part of the S&P 500. Right now, they’re considered heavy. There are so-called death crosses all over the place, a chartist term that means the stock’s gonna really roll over and hurt you.

And yes, it is hard to stick your neck out because the president’s people haven’t been able to quell fear so the hunker down is going to hurt retail even if you believe that the White House has very good reasons to get tough on our trading partners, and they really do although the administration’s bad at articulating them and if the president makes some exceptions, then things are all part of one big no exclusions policy, well, that’s pretty positive. Me? I don’t know.”

10. The Gap, Inc. (NYSE:GAP)

Number of Hedge Fund Holders In Q1 2025: 41

The Gap, Inc. (NYSE:GAP) is an iconic American apparel company. The firm’s shares are down by 7% year-to-date primarily due to a massive drop in May end. The Gap, Inc. (NYSE:GAP)’s stock sank by a whopping 20% after the firm revealed that tariffs would squeeze its bottom line in 2025. The shares were hit particularly hard since the firm is currently undertaking a turnaround strategy through which it aims to lower costs by streamlining operations and consolidating its brands. Cramer has been appreciative of The Gap, Inc. (NYSE:GAP)’s CEO Richard Dickson in his earlier comments. Here’s what he said this time around:

“I’m really not worried about GAP as analyst, one after another wakes up to the idea that Richard Dickson has done a remarkable job.”

Ahead of The Gap, Inc. (NYSE:GAP)’s tariff warning, Cramer was optimistic about the stock. He had given viewers his “blessing” to pile into the stock:

“Hey, speaking of retail, ever since Richard Dickson became CEO of the Gap, almost two years ago, he’s been busy reinventing the place. We’ve had him a number of times. It is working people, and since the last quarter, analysts have been falling all over themselves about this story. And now here’s one that if it comes down ahead of the quarter, you have my permission, no, my blessing to pull the trigger and do some buying. Fall into the Gap.”

9. AutoZone Inc. (NYSE:AZO)

Number of Hedge Fund Holders In Q1 2025: 67

AutoZone Inc. (NYSE:AZO) is an American automotive parts company. The shares have gained 14% year-to-date after having partially recovered their 9% post-Liberation Day drop. AutoZone Inc. (NYSE:AZO)’s stock has benefited as higher inflation and rates’ impact on car sales have contributed to consumers spending more on car parts. The firm’s fiscal third quarter same-store sales jumped by 5% Cramer has discussed the firm several times in his morning show and on Mad Money in 2025. During several of these appearances, he has been appreciative of the firm’s stock buybacks. He kept the sentiment this time around as well:

“AutoZone’s is not nearly as bad as people think, buy the stock down thirty five. They’ve got the best buyback in the history of the New York Stock Exchange.”

His previous comments about AutoZone Inc. (NYSE:AZO) discussed the firm’s operations and the buyback in detail. Here is what Cramer said:

“We have some high-profile companies reporting on Tuesday. Now we start with one of the top performers of the year, and that’s a company called AutoZone, AZO. This auto parts chain has been on fire, and it doesn’t hurt that AutoZone has one of the most aggressive buybacks I have ever seen. They’ve more than cut half of the stock… in the last decade. If the stock gets hit, please do this, you should just go buy it because management will be right there alongside you buying it after a few days. What a horse.”

8. Costco Wholesale Corporation (NASDAQ:COST)

Number of Hedge Fund Holders In Q1 2025: 93

Costco Wholesale Corporation (NASDAQ:COST) is one of the largest retailers in America, a frequent appearance on Cramer’s morning show, and one of his top stocks. Throughout the year, the CNBC TV host has maintained that Costco Wholesale Corporation (NASDAQ:COST), along with Walmart, has the necessary scale to survive and thrive in any headwinds generated by tariffs. In fact, Cramer believes that Costco is perhaps the only retailer that can compete with Walmart in the dynamic environment. He has also remained appreciative of the firm’s strategy to leverage its scale to eke out the lowest prices for consumers through bargaining with merchants. Here are his recent remarks about Costco Wholesale Corporation (NASDAQ:COST):

“Costco is very difficult because Costco you have two month’s data already and it’s good so it’s never surprised and it almost always goes down. I wish it would go up in anticipation because it almost always go down. We do have a new CFO, Gary Millerchip. We do not have, remember, Richard Galanti, David, Gary Millerchip is not related to the Enforcer in Severance.”

In his previous comments about Costco Wholesale Corporation (NASDAQ:COST), Cramer lamented weak share price performance and gave viewers some advice:

“Next, on Thursday, after the close, we hear from the company that I think has the most consistent earnings and also the most persistent sell-off after we see the earnings, even when they’re good, and I’m talking about Costco. It’s unnerving to watch a fantastic quarter and still see a stock go down. And that’s just how it’s done with this one, even as we have a fairly good idea how the company’s doing, because you know what?

This company gives us monthly numbers. As we tell investing club members, don’t buy Costco ahead of the quarter. It’s going to go down. It’s like TJX. You’ll usually get a much better price if you just wait a couple of days.”

7. Cleveland-Cliffs Inc. (NYSE:CLF)

Number of Hedge Fund Holders In Q1 2025: 43

Cleveland-Cliffs Inc. (NYSE:CLF) has featured several times on Cramer’s morning show in 2025. Most of these appearances have surrounded Japan’s Nippon Steel’s purchase of US Steel. The deal has created quite a bit of controversy, particularly surrounding the ownership of American firms in key industries in foreign hands. Cleveland-Cliffs Inc. (NYSE:CLF) has ardently opposed the deal, and Cramer has speculated that the firm might end up buying US Steel instead. His previous remarks about the firm have remained appreciative of the firm’s CEO and asserted that the firm has been hurt by cheap Chinese steel flooding the US market. His recent comments about Cleveland-Cliffs Inc. (NYSE:CLF) surrounded the US Steel deal after co-host David Faber pointed out that the deal was going to close and Nippon was going to own US Steel:

“Well I think that I wanted it [CLF] to win because I have been very suspicious of Nippon Steel which has had a history I believe of dumping in our country. And that is I’m getting that Dan DiMicco, the former CEO of Nucor who has continually told me the kind of dumping that we’ve seen around the world.

]”David, Cleveland-Cliffs, the balance sheet not as strong as I would hope. . . Look, Cleveland-Cliffs is. . .you can say that it’s predominant, a lot is auto steel. And auto is a section of the economy that we don’t talk enough about. Because that could be PDD’d, too. PDD, being, unfortunately deminimis. I’m just very concerned about Ford and GM. I just think that they, like many companies, build a lot of infrastructure, that was around, electric vehicles. They are under pressure.”

In his previous remarks, Cramer commented on some problems:

“I think the problem [with] Cleveland- it’s two problems, one is the balance sheet’s not that good, and two, there’s got to be demand. If the auto companies are really cutting back – and I think you’re gonna have to after the initial spur – that is going to make it so that the the numbers have to go lower. If the numbers go lower, Cleveland Cliffs and the stock’s going to go to 65.”

6. Nucor Corporation (NYSE:NUE)

Number of Hedge Fund Holders In Q1 2025: 50

Nucor Corporation (NYSE:NUE) is another frequent steel stock discussed by Jim Cramer. It is the biggest steel company in America and the shares are up by 6.7% year-to-date. While Nucor Corporation (NYSE:NUE)’s shares sank by 16% in April after the Liberation Day tariff announcements, they jumped by 10% in June. The stock rose after the firm’s domestic exposure as a sizable player in the steel industry aided it after President Trump announced 50% steel tariffs and implemented the new tariffs on June 4th. Cramer’s previous remarks about Nucor Corporation (NYSE:NUE)  have asserted that the firm has suffered due to cheap Chinese steel flooding the US market. This time around, he reasserted the claim:

“Well I think that I wanted it [CLF] to win because I have been very suspicious of Nippon Steel which has had a history I believe of dumping in our country. And that is I’m getting that Dan DiMicco, the former CEO of Nucor who has continually told me the kind of dumping that we’ve seen around the world.”

In his previous comments about Nucor Corporation (NYSE:NUE), Cramer commented:

“I think Navarro would have said, look, we have got to stop whatever China is doing. We have to put a tariff on China. But we also have to stop steel coming from Mexico in particular because they’re sneaking their, the Chinese are sneaking their steel in. That’s what it’s about. That’s why Nucor goes higher. Yeah. Buy some Nucor.

“. . . .I think Nucor’s good. I talked with Nucor last week. Anything that makes it so that, that we don’t have Mexican steel, there is no Mexican steel to speak of, it’s Chinese steel through Mexico. That’s what they do. That’s what they do.”

5. United States Steel Corporation (NYSE:X)

Number of Hedge Fund Holders In Q1 2025: 61

United States Steel Corporation (NYSE:X) is an American steel company headquartered in Pittsburgh, Pennsylvania. As has been the case with its peer Nucor, the firm has featured regularly in Cramer’s morning show in 2025. The CNBC host has commented on United States Steel Corporation (NYSE:X) in the context of the firm’s acquisition by Japan’s Nippon Steel. Cramer’s previous comments have seen him advise viewers to invest in Nucor instead of US Steel. He has also been vehemently against Nippon’s attempt to buy United States Steel Corporation (NYSE:X) as he believes the Japanese firm has dumped steel in the US market to depress steel prices and hurt American manufacturers. His recent comments came after co-host David Faber remarked that the deal for US Steel was about to close:

“Well I think that I wanted it [CLF] to win because I have been very suspicious of Nippon Steel which has had a history I believe of dumping in our country. And that is I’m getting that Dan DiMicco, the former CEO of Nucor who has continually told me the kind of dumping that we’ve seen around the world.”

Cramer has asserted previously on multiple occasions that he prefers Nucor over United States Steel Corporation (NYSE:X). For instance, he commented on one occasion:

“And Nucor, when I see these numbers I always want to buy Nucor not letter X. I know I think that the President, the administrative team is against Nippon Steel because historically the Japanese have subsidized dumping steel in our country. I think that Vice President Vance could play a role here, because he knows that area where steel is.”

4. General Motors Company (NYSE:GM)

Number of Hedge Fund Holders In Q1 2025: 79

General Motors Company (NYSE:GM), the iconic American car manufacturer, has been a regular feature of Cramer’s morning show in 2025. He has discussed the firm primarily in the context of President Trump’s tariffs and their impact on American firms with global supply chains. Cramer has gone as far as to suggest viewers to not buy the stock as the impact of tariffs on General Motors Company (NYSE:GM) could be severe. His more recent remarks for the firm have wondered how big the impact on the firm’s car prices from tariffs could be. This time around, he commented on a rollback of EV infrastructure in the US and how it could impact General Motors Company (NYSE:GM):

 “I’m just very concerned about. . . GM. I just think that they, like many companies, built a lot of infrastructure, that was around, electric vehicles. They are under pressure.”

In March, Cramer General Motors Company (NYSE:GM) in detail. Here’s what he said:

“Like the President keeps saying, look there’s going to be some people who suffer. Well I figured who they are. They are the [inaudible] GM shareholders. They get to suffer. I always think . . I always say, why should PE 5? Well holy cow! Because it’s not four!”

“[On whether reciprocal tariffs will change anything] It doesn’t matter whatever they are that it’s gonna raise the price of Ford and GM versus Toyota and versus Kia.”

“We are really being cavalier if you think these companies can radically switch anything within a five year period. In the same way that Taiwan Semi, maybe the greatest manufacturer on Earth, can’t seem to get those big foundries going in our country. So I just think there’s an un. . .I don’t wanna be unreal to our viewers who might actually be buying GM a couple of. . .this morning, people are buying GM up two bucks.”

“And I just think you have to recognize, you can’t own Ford and GM in this environment. Because they have to lose. It’s okay. They have to either cut their margins, cut their price and get hammered. And that’s why the stocks are, four times, five times earnings. Or they lose shares to Kia, and to Toyota.”

“Right, well now I know why Ford’s, why GM sells at five, I’ve been trying to figure out why does GM sell at five times earnings. Despite that big buyback and all the great things. Why does Ford, which is really done a lot of things under Farley, selling at five times earnings. And the answer is, and it’s what finally told us, is cause they’re screwed. That someone has to be sacrificed. It’s okay.”

“I can tell you that someone has to be sacrificed. And it’s the margins of Ford and GM and the shareholders. Until . . .we realize that Canada wasn’t cheap and we’re cheaper. It was also a way to get away from the unions. I mean, I think we, look, I was a shop steward. I worked and led a wild cat strike. Fired immediately. Not so great.”

3. Ford Motor Company (NYSE:F)

Number of Hedge Fund Holders In Q1 2025: 39

Ford Motor Company (NYSE:F) is another car company that has featured regularly on Cramer’s morning show. He has commented on the firm because of its financial problems and exposure to tariffs. Cramer has shared on multiple occasions that Ford Motor Company (NYSE:F)’s warranty expenses have dragged the firm’s stock down. He has also indicated that the firm is not as exposed to tariff-induced disruption as its peer and rival, General Motors. The CNBC host’s recent comments about Ford Motor Company (NYSE:F) surrounded the firm suffering from having invested in electric vehicle infrastructure while the Trump administration seeks to rollback some incentives:

“I’m just very concerned about Ford. . . I just think that they, like many companies, built a lot of infrastructure, that was around, electric vehicles. They are under pressure.”

However, while Cramer has criticized Ford Motor Company (NYSE:F)’s warranty costs, he believes the firm is in a better position to navigate through tariff-induced disruption. In a recent morning show, after CNBC’s Phil Lebow interviewed GM’s CEO, Cramer remarked:

“You know, listen, Phil, you had an amazing interview with Mary Barra, I’ve got to ask you, it looks like that Ford has an edge on GM. When it comes to what’s going on. In terms of tariffs. Because I think that Jim Farley for whatever reason makes much more in pure America than GM does.”

2. The Walt Disney Company (NYSE:DIS)

Number of Hedge Fund Holders In Q1 2025: 104

The Walt Disney Company (NYSE:DIS) is one of the biggest legacy media companies in America. It is also one of Cramer’s top stocks in the traditional media sector. While the CNBC host regularly fawns over Netflix and believes it is the top streaming stock in the world, he also holds the opinion that The Walt Disney Company (NYSE:DIS) is turning its ship around. In his previous comments about the firm, Cramer has advised viewers to buy the shares and expressed optimism about its theme parks. Here are his recent thoughts about The Walt Disney Company (NYSE:DIS):

“I’ve been hoping that Disney had a hit, this Lelo & Stitch is a hit. And I’ve got to tell you, this is again, a change in Disney. The movies have a family feel, not political. It’s returned to the roots, and I think it’s a big winner and that Disney’s still undervalued.

“Let’s also be sure that there was a different CEO who seemed to go along with some things, didn’t know if he wanted them, that were considered to be, uh, let’s say divisive. And there’s nothing divisive about what they’re doing now. The stock can go much higher, my charitable trust owns it. I talked last Wednesday at my club meeting, saying look you can buy this one. I feel very, very good about it.”

In his earlier remarks, Cramer discussed The Walt Disney Company (NYSE:DIS)’s parks and its movie business:

“Look, these things occur every day around here. Think about what happened to the stock of Disney in the last few months… A month ago, it was at $82…. People were buzzing about how the theme parks are too expensive. The sports entertainment’s too expensive. The movies are either too woke or not woke enough, depending on who you ask. You never heard anyone say, did it got the right amount? Now, one month later, Disney’s at $112 pretty much in a straight line.

The company reported a terrific quarter. Turns out people are willing to pay top dollar for the theme parks. The sports deals are making plenty of money. And I guess the movies, well, let’s say they hit the Goldilocks level, not too much, not too little. Same company, just written off by the pessimists, the ones who gave up on all that excellent expertise and intellectual property, think of the money that they didn’t make.”

1. Okta, Inc. (NASDAQ:OKTA) 

Number of Hedge Fund Holders In Q1 2025: 65

Okta, Inc. (NASDAQ:OKTA) is a cybersecurity company whose shares are up 32% year-to-date despite a 16% drop in May. The firm is a cybersecurity company that allows businesses and organizations to protect their infrastructure by allowing only authorized users to access them. Okta, Inc. (NASDAQ:OKTA)’s shares sank in May despite the fact that the firm’s 86 cents in earnings and $688 million in revenue beat analyst estimates of $680 million and 77 cents. The stock dropped as the firm maintained its guidance and warned that it could face a tricky macroeconomic outlook after President Trump’s tariffs. Here is what Cramer said about Okta, Inc. (NASDAQ:OKTA):

“Another stock that you can buy that’s not in my trust, but I love cybersecurity, is Okta. They’re on tonight, Todd McKinnon, it is a remarkable company. It came back from a hack, and it’s still everybody’s favorite cause it’s identity and that’s so important as you stumble through and think that, like yesterday I got one, it looked so good. It was from the DMV, they wanted everything.”

Okta, Inc. (NASDAQ:OKTA)’s sector, cybersecurity, is one of Cramer’s favorites due to AI-induced demand and relative insulation to tariffs. Here’s what Cramer said about the firm in May:

“I think Okta is terrific. It’s one of the greatest companies. I tell you, anybody who works there has a great time, and they have done remarkable things. And Todd McKinnon is terrific, and so is cybersecurity…. This one is a winner. I’m going to give you a twofer… CrowdStrike and Palo Alto Networks, they’re all terrific.”

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