Jim Cramer, host of Mad Money, pointed out on Friday that the markets just experienced their worst week since early April and highlighted a mix of pressures affecting investors, from the President’s actions to upcoming earnings reports.
Cramer discussed how President Trump announced that the U.S. would impose a 50% tariff on European goods starting June 1 unless a trade agreement is reached. He noted that alongside that, Trump also targeted Apple as he threatened a 25% tariff on iPhones manufactured in India, as he insisted that those devices should be produced in the United States instead. Cramer commented that, in reality, the company would find it more cost-effective to simply absorb the 25% tariff than to relocate its manufacturing.
READ ALSO: Jim Cramer’s Game Plan: 12 Stocks in Focus and Jim Cramer Talked About These 13 Stocks.
“That unfriendly government intervention is why the Dow declined 256 points, the S&P lost 0.67%, and the NASDAQ dropped 1%.”
Cramer emphasized how difficult it has become for everyday investors, and even for him, as someone who holds stocks through his Charitable Trust, to confidently own shares. He pointed out that, after the market bottomed out on April 7, there was a widespread sense of relief. Investors had begun to assume that Trump might back off from the kinds of erratic decisions that had previously caused a 19% drop from the February highs to the April lows following Liberation Day. Cramer admitted that the belief was mistaken. He added:
“I was heartened to see that the market could recover some of its losses ahead of a three-day weekend…. The early morning futures have been down for days on end, and you know, I don’t like to sleep, and I see them, and they just make me sick. 3:30, 4:00 AM, the market’s already drenched in red ink.”
Our Methodology
For this article, we compiled a list of 21 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on May 23. We listed the stocks in ascending order of their hedge fund sentiment as of the first quarter of 2025, which was taken from Insider Monkey’s database of 1,000 hedge funds.
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).
Jim Cramer Had These 21 Stocks on His Radar
21. DeFi Development Corp. (NASDAQ:DFDV)
Number of Hedge Fund Holders: N/A
During the lightning round, a caller asked about DeFi Development Corp. (NASDAQ:DFDV), and Cramer stated:
“Another Ben Stoto name. This time it’s a crypto. Now here’s where I am on crypto, okay? I am an owner of Bitcoin. I am not going to deviate. I like Bitcoin. Even up here, I would be a buyer of Bitcoin….”
DeFi Development (NASDAQ:DFDV) runs a digital platform offering data and software tools for the commercial real estate sector, including services for loan matchmaking, investor access, equity market solutions, and AI-driven technology.
20. Navitas Semiconductor Corporation (NASDAQ:NVTS)
Number of Hedge Fund Holders: 11
A caller inquired if they should take a modest profit or buy more Navitas Semiconductor Corporation (NASDAQ:NVTS). This is what Cramer had to say in response:
“No, that one’s done. That one’s done. I mean, look, it’s terrific what happened, but you just had a gigantic gain. It’s almost like a takeover. I say take your money out that you put in, and then you can let the rest ride. Play with the house’s money.”
Navitas Semiconductor (NASDAQ:NVTS) designs and sells power semiconductors, including gallium nitride and silicon carbide devices, system controllers, and digital isolators used in power conversion and charging. In December 2024, Cramer was similarly bearish on the company as he remarked:
“… I’ve gotta tell you, that company’s losing a lot of money. I think you can take a flyer at three bucks but understand, it’s losing a lot of money and it’s a flyer.”
19. Red Cat Holdings, Inc. (NASDAQ:RCAT)
Number of Hedge Fund Holders: 14
Answering a caller’s question about Red Cat Holdings, Inc. (NASDAQ:RCAT), Cramer remarked:
“No, no. Look, Red Cat is an absolute, this is a, it’s got everything you want. It’s got drones, it’s got flight recorders, it’s got this stuff. And you know what? It’s just one darn crazy stock. But I’ll tell you, it’s not making any money. So right now you’re going to have to go to another show. There’s many shows, you can call in on them, and they’ll say, Red Cat, Blue Cat, and go buy it.”
Red Cat (NASDAQ:RCAT) provides drone-related products and services, including cloud-based software, analytics, and storage. Furthermore, the company supplies drones, parts, and advanced UAV technology for military, government, and commercial use. In February, Cramer commented:
“This one just happens to be a personal favorite of our chief scientist, Ben Stoto. We talk about Red Cat a lot. It’s a data analytics company, and you know what? I’m going to tell you, you can buy it. You really can. Because if it doubled, you’d feel like an idiot for not buying Red Cat.”
18. Liberty Energy Inc. (NYSE:LBRT)
Number of Hedge Fund Holders: 29
Cramer was asked about Liberty Energy Inc. (NYSE:LBRT) during the lightning round, and he stated:
“Oh man, I used to, I love the guy who used to run the thing, you know that. But I’ve gotta tell you, I am not in the oil service business. And not only that, but there’s a guy named Halliburton. A lot of people seem to like him. I don’t care for the stock of Halliburton. I like Schlumberger.”
Liberty Energy (NYSE:LBRT) delivers hydraulic fracturing services and technologies to oil and gas exploration and production companies. The company provides wireline work, proppant delivery, field gas processing, CNG transport, data tools, sand supply, and well site fueling and logistics. Back in November 2024, Cramer extensively commented on the company as he stated:
“Let me say from the outset that I think the world of Liberty Energy, the oil service company run by Chris Wright, who’s Trump’s pick for Energy Secretary. It’s the fourth largest oil service company in North America, covering all the major basins. I like fracking. I like oil service companies that help extract fossil fuels from land.
Their August slide deck titled ‘Liberty Energy and Energy Realities’ is a terrific document… The energy and geopolitics section will make you feel proud of what Liberty does and more important, the way fracking has changed the balance of power worldwide. You will feel safer. You are safer. Oh, but then there’s that last page in the deck, the conclusion page. And here, Wright, and I, we part company. The conclusions reached, I find are downright antediluvian and would be condemned by every single contemporary oil executive I’ve ever met… First conclusion Wright reaches: there is no climate crisis. Now every other oil person I’ve met is worried about a climate crisis…
No climate crisis? Gimme a break. Second: there is no energy transition. Not only do most oil CEOs accept that there’s an energy transition, they’re all preparing for it… How about this third conclusion? Net Zero 2050 is the sinister goal. I mean, really? I mean, sure the document adds Zero Energy Poverty 2050 is a superior goal. Oh, sinister? I’m calling that an ill-advised description…
What matters to you is that in my nearly 20 years doing Mad Money, Wright’s ethos is different from every CEO’s, both on camera and off. And you’re watching someone who’s… [a] champion of what the oil and gas industry has done for our security and our power as a nation… I’m not seeing this Liberty Energy at [the] top of the 52-week high list. In fact, it’s less than one point above a 52-week low. Down more than seven bucks from its 52-week high of $24.75. It’s selling at less than 10 times earnings. It has far underperformed the XLE, that’s the largest energy ETF.”
17. Rio Tinto Group (NYSE:RIO)
Number of Hedge Fund Holders: 36
A caller asked what Cramer thought of Rio Tinto Group (NYSE:RIO), and he remarked:
“I like Rio Tinto. I like Rio. I like the yield. I like the company. It’s a globe-trotting company, so to speak. I like those guys.”
Rio Tinto (NYSE:RIO) mines and processes various minerals such as iron ore, aluminum, and copper. Additionally, the company works on projects for materials like lithium and manages related infrastructure. Over the past year, RIO stock went down more than 14%. Moreover, back in January, when Cramer was asked about the company, he said:
“Rio Tinto is really a play on the Chinese economy and I think the Chinese economy is *glass breaking buzzer sound*.”
16. Mr. Cooper Group Inc. (NASDAQ:COOP)
Number of Hedge Fund Holders: 43
When a caller asked if Cramer would sell Mr. Cooper Group Inc. (NASDAQ:COOP) stock, he commented, “You take your profit right now. That thing’s done. Mr. Cooper is done.”
Mr. Cooper Group (NASDAQ:COOP) is a non-bank mortgage company that services residential loans and originates new ones through direct and correspondent channels. The company also offers related services under brands like Mr. Cooper, Xome, and Rushmore Servicing. Diamond Hill Capital stated the following regarding Mr. Cooper Group Inc. (NASDAQ:COOP) in its Q1 2025 investor letter:
“On an individual holdings basis, among our top contributors in Q1 were Mr. Cooper Group Inc. (NASDAQ:COOP) and UGI Corporation. Mortgage servicing company Mr. Cooper Group executed well during a particularly challenging mortgage environment as interest rates have remained high relative to historical levels. Importantly, Mr. Cooper’s business model is specifically designed to help protect it from just such periods: As rates go up, the value of its mortgage-servicing rights business goes up, giving it the ability to continue generating healthy cash flows even as the mortgage industry overall may slow. Shares were additionally boosted by the announcement on the final day of the quarter that the company will be acquired by Rocket Companies in an all-stock deal projected to close in the fourth quarter of this year.”
15. Rocket Companies, Inc. (NYSE:RKT)
Number of Hedge Fund Holders: 44
A caller pointed out that Morgan Stanley economists are predicting one rate cut this year and seven rate cuts next year and asked about Rocket Companies, Inc. (NYSE:RKT). In response, Cramer said:
“If that’s the case, if that scenario occurs, then you gotta buy, buy, buy…. Now that’s not my scenario. My scenario is that nothing happens because the president is doing stuff that’ll make it so that Mr. Powell may say, listen, I can’t encourage any inflation, and that could go on for a little bit. But you know what? I think Rocket’s a very fine company.”
Rocket Companies (NYSE:RKT) is a fintech holding company that focuses on mortgage lending, title services, settlement solutions, and other financial technology services in the United States and Canada. During an episode of Squawk on the Street in March, Cramer remarked:
“Well I think that’s another deal. They bought Redfin, these guys like to buy… [On how they like to be end-to-end] Yes. And they’re using the. . FTC to be able to… I think they’re brilliant. I think they’re taking advantage of new regime, which is you know you get in front of the FTC, there is no. . .you know the FTC’s kind of in a bind there, because we have a lame duck, I don’t know where did those guys go? The new guys don’t seem to be as concerned about the anti trust as the old guys.”
14. Ralph Lauren Corporation (NYSE:RL)
Number of Hedge Fund Holders: 45
Ralph Lauren Corporation (NYSE:RL) was mentioned during the episode, and here’s what Cramer had to say:
“This is a stock I recommended a little over a month ago on March 13th when it was trading at just $216 and change. Now it’s back up to $274. I’m betting it continues to climb. Yesterday morning, Ralph Lauren reported what I thought was an excellent quarter, but the market couldn’t figure out what to make of the numbers, and the stock turned into a roller coaster, ultimately finishing the session up three and a half bucks. The way I see it, the stock should have been up a lot more, but it was down a lot at one point…
… When you put it all together, Ralph Lauren’s not only holding its ground against the backdrop of an uncertain economy, it’s positioning itself for long-term success. So here’s the bottom line: It’s clear that demand for RL’s timeless apparel is more than intact. And when you factor in their strong international business sourcing flexibility and momentum in high-potential categories, project momentum, Ralph Lauren’s looking really good after that quarter. The sellers were wrong yesterday, and the buyers who sent the stock back up were dead right. More important, this thing, it’s got a lot more to run.”
Ralph Lauren (NYSE:RL) manufactures and sells a wide range of lifestyle products, including clothing, footwear, accessories, home goods, and fragrances, under various brand names. The company also operates restaurants and coffee shops in select cities.
13. Dutch Bros Inc. (NYSE:BROS)
Number of Hedge Fund Holders: 47
Answering a caller’s inquiry about Dutch Bros Inc. (NYSE:BROS), Cramer stated:
“The Dutch Bros be going higher, sir. I mean, when they were on just last Friday, as a matter of fact, we had Christine Barone, and I thought she told a great story. The stock has had a nice dip, and you know what I say about that dip? I say [buy, buy, buy].”
Dutch Bros (NYSE:BROS) operates and franchises drive-thru locations across the U.S. under different names, including Dutch Bros Coffee and Dutch Bros Rebel. Polen Capital stated the following regarding Dutch Bros Inc. (NYSE:BROS) in its Q1 2025 investor letter:
“Dutch Bros Inc. (NYSE:BROS) is a drive-through coffee and beverage company with roughly 1,000 locations (and growing). The stock was up just shy of 30% on the back of compelling earnings headlined by better-than-expected comparable sales and full-year revenue guidance. Notably, the company does not appear to be experiencing headwinds from a weaker consumer amidst growing economic uncertainty. In fact, they saw a re-acceleration in comparable sales driven by impressive menu innovation, growing brand recognition, and higher throughput from digital ordering. We believe Dutch Bros has the potential to be a long-duration EPS growth business.”
12. Albertsons Companies, Inc. (NYSE:ACI)
Number of Hedge Fund Holders: 52
A caller inquired about Cramer’s thoughts on Albertsons Companies, Inc. (NYSE:ACI). Here’s what Mad Money’s host had to say:
“Once they got away from that merger, I think that people realized the value of the company. It’s still a low multiple stock. I happen to like Kroger more, but I’ve gotta tell you, this is a survivor, and I think that Albertsons’ going to keep going higher.”
Albertsons Companies (NYSE:ACI) runs food and drug stores that sell groceries, health and beauty items, pharmacy products, fuel, and other goods. The company also produces and processes food items for retail under different store names. Longleaf Partners Fund stated the following regarding Albertsons Companies, Inc. (NYSE:ACI) in its Q1 2025 investor letter:
“Albertsons Companies, Inc. (NYSE:ACI) – US grocery retailer Albertsons was a contributor for the quarter. Albertsons was a new purchase in 2024, after we had followed the company and its predecessors for years. In an otherwise turbulent quarter, Albertsons stands out as a stable business that remains undervalued because it had fallen off the radar during a protracted deal process with Kroger that ultimately failed. The company should grow at a moderate pace and has plenty of financial firepower to repurchase shares, all while it has multiple strategic options (such as unlocking its real estate value and/or selling non-core markets) to realize value per share.”
11. Lyft, Inc. (NASDAQ:LYFT)
Number of Hedge Fund Holders: 56
When a caller expressed that they are thinking of buying more of Lyft, Inc. (NASDAQ:LYFT) stock, Cramer commented:
“Look, I like David Risher. The stock’s just had a nice pop. I would not come in on top of this pop, I would let it come down. I think it just had too big a move, and I don’t like parabolic moves, but you nailed a good one. And if you’re up big, how about this? How about a little schnitzel, take some off, and then play with the house’s money.”
Lyft (NASDAQ:LYFT) runs a platform that connects riders with drivers for on-demand transportation and offers access to rental cars, bikes, and scooters for short-distance travel through its mobile app.
On May 21, Tigress Financial analyst Ivan Feinseth increased the price target on Lyft (NASDAQ:LYFT) to $28 from $26 and maintained a Buy rating. As per the analyst, the company had a strong start to the year and is growing its advertising efforts through Lyft Media. The firm also noted the company’s focus on geographic expansion, highlighting growth in car-dependent cities such as Indianapolis, where rides rose 37% in the first quarter.
10. Stryker Corporation (NYSE:SYK)
Number of Hedge Fund Holders: 61
When a caller asked about Stryker Corporation (NYSE:SYK), Cramer replied:
“I like Stryker, but you know, I don’t like it enough. I don’t like it as much as if it was Intuitive Surgical. That’s the one that I thought we should buy. ISRG.”
Stryker (NYSE:SYK) is a medical technology company that supplies products like joint implants, spinal systems, surgical tools, patient safety equipment, neurosurgical devices, and other healthcare technologies. Toward the end of March, talking about the company, Cramer stated:
“Stryker is a good company and I think that a medical device company in this environment will do well. Now, there’s some people that are gonna say, listen, they’re going to be tariffs on that company. I’m not sure whether they’ll really matter. I think Stryker works in an environment where we’re putting 25% tariffs on all foreign cars. As I’ve been saying to you, Germany, Japan and Korea have to pay. I’ve been saying it and saying and saying it and it happened tonight. And people say, why didn’t we know? I don’t know what else I could do.”
9. CrowdStrike Holdings, Inc. (NASDAQ:CRWD)
Number of Hedge Fund Holders: 64
Answering a caller’s query about CrowdStrike Holdings, Inc. (NASDAQ:CRWD), Cramer said:
“We own CrowdStrike for the club. It’s been one of the greatest performers of all time. George Kurtz is remarkable. Is it right to be able to own such an expensive stock? If you look back at where it was, it turns out it was very cheap because the numbers came up so quickly… CrowdStrike, sweet spot.”
CrowdStrike (NASDAQ:CRWD) is a cybersecurity company known for its Falcon platform, which provides tools designed for endpoint security. On April 29, Cramer was similarly bullish on the company and CEO as he said:
“Okay, I think for the long term, it’s terrific. We had to take some profits out of it, too, because it just got too big. But I think George Kurtz is delivering an amazing product, and I think he’s got a lot to say, given his speech tonight. I think that CrowdStrike is terrific.”
8. The TJX Companies, Inc. (NYSE:TJX)
Number of Hedge Fund Holders: 77
The TJX Companies, Inc. (NYSE:TJX) was mentioned during the episode, and here’s what Mad Money’s host had to say:
“TJX might be the most undervalued stock in our entire portfolio. Why? Because it had the huge sell-off. We now wait a couple days. It’s probably going to rally.”
TJX (NYSE:TJX) is a discount retailer that sells a variety of products, including family apparel, home items, jewelry, and other merchandise. On May 22, Cramer stated:
“I want to highlight to you three retailers that reported excellent quarters in just the last couple of days, and only one was recognized as fabulous, that’s Urban Outfitters. One’s holding on with its fingertips, that’s RL, Ralph Lauren. And then a third, TJX, that’s getting sold off, yet presents, I think, now the best buying opportunity… And then there’s the king of value, TJX. While the stock went down today and has been going down since the quarter reported, keep in mind that it regularly sells off after the quarter, as I said to you, even when the earnings are good.
TJX is a simple story. The values here are extraordinary because they’re selling merchandise that retailers had to rapidly get rid of either to bring in new inventory or to pay the bills. I like it much more, for instance, than Ross Stores, also in its cohort, which really disappointed this very evening as opposed to the faux disappointment for TJX. T.J. Maxx, HomeGoods, Marshals, they’ve got, they’re great value for all income groups, and that’s kind of what makes it such a great shopping experience. TJX told us that things are going terrific, just right now, great guns. I’d say, what the heck is the stock down for? It is time to buy it. It’s one of the most successful retailers of all time.
… TJX, the company, has more than 5,000 locations, and management thinks there’s room for another 2000 on top of that. Now, some of their brands are dramatically underpenetrated, especially in Europe. Again, that’s why I think TJX stock represents the best value right now. Look, there are a ton of terrific retailers, but these three really put up amazing numbers, and only one is being recognized. I see that as an opportunity because it’s just a matter of time before Wall Street realizes that the kings of retail came out, showed you their best stuff this quarter, and you want to get into all of them before everybody else figures out what I just told you.”
7. Palantir Technologies Inc. (NASDAQ:PLTR)
Number of Hedge Fund Holders: 77
When a caller asked Cramer about Palantir Technologies Inc. (NASDAQ:PLTR), he stated:
“Palantir’s just plain out expensive, but there you can use a rule that tells you about growth versus margins. And it turns out to be much less expensive than a lot of other companies because the growth is very good and the margins are high… Although Palantir’s a little too speculative for me.”
Palantir (NASDAQ:PLTR) develops software that helps organizations analyze and interpret large data sets to support key decisions, using platforms such as Gotham, Foundry, Apollo, and its AI system. Early May, discussing the company, Cramer stated:
“The ultimate meme stock for the moment is this company called Palantir, which reports. It’s a cybersecurity company. Now this one’s moved up by persistent retail buying that starts around 4:00 AM every day when they literally walk it up a couple of points before the bell and then continue to keep it at that level until the close.
It’s possible the story’s not as big as the hype or the hope, but we know that Palantir’s got a constituency of retail buyers that just won’t quit. I don’t know if they’ll quit when they see the number.”
6. The Boeing Company (NYSE:BA)
Number of Hedge Fund Holders: 96
A caller asked what Cramer thinks of The Boeing Company (NYSE:BA), and he replied:
“I think Boeing goes higher, okay. I think that Kelly Ortberg got a handle on things…. It’s an up stock and when I say that, what it means is that if it comes down, buyers immediately come in, they pounce and they [buy, buy, buy] and I’m with them.”
Boeing (NYSE:BA) is engaged in the design, production, and marketing of various products, including commercial airplanes, military jets, satellites, missile defense systems, and space-related programs. On May 15, Cramer extensively commented on the company as he said:
“Okay… let’s go back to the obvious, Boeing. See, for the longest time, Boeing stock was a pariah because it seemed like they’d forgotten how to make airplanes. Now, we know a couple of things about Boeing. First, it’s one of the only two major aircraft manufacturers in the whole world, the other being Airbus. Second, it had a hideous balance sheet. I mean, just awful… thanks to all the accidents in recent years. As long as it was hobbled by a bad balance sheet, the stock was too dangerous to own, and you were right to be critical.
But in October of last year, Boeing used the capital markets as they are intended, tapping investors for $24.3 billion in stock and bonds. They sold… 112.5 million shares at $143. That was enough to put the balance sheet, let’s say, on even keel so that the company could start playing offense. Now, Boeing just won the biggest order…. It’s a deal the president helped broker when he was in the Gulf.
Every country we trade with wants to extend an olive branch to the White House, and the easiest way to do that is by placing gigantic orders with Boeing. Now the stock’s at $206. The stock rallied more than $60 from its lows last fall. You just needed to be sure the balance sheet was fixed, and suddenly, the loser became a winner, much to the cynic’s dismay.”
5. ServiceNow, Inc. (NYSE:NOW)
Number of Hedge Fund Holders: 106
When Cramer was asked about ServiceNow, Inc. (NYSE:NOW), he remarked:
“I also like ServiceNow. I love what Bill McDermott’s doing. They’re actually going at each other right now, or at least Bill McDermott’s declared war, so to speak on Salesforce. These are two really fine companies, and over the long term, they’ve both been sensational.”
ServiceNow (NYSE:NOW) offers a cloud-based platform that supports digital workflows through AI, automation, and low-code tools, providing solutions for IT services, operations, customer service, risk management, and enterprise functions like HR and legal. Ithaka Group stated the following regarding ServiceNow, Inc. (NYSE:NOW) in its Q1 2025 investor letter:
“Founded in 2004, ServiceNow, Inc. (NYSE:NOW) has become the leading provider of cloud-based software solutions that defi ne, structure, manage and automate workflow services for global enterprises. ServiceNow pioneered the use of the cloud to deliver IT service management (“ITSM”) applications. These applications allow users to manage incidents and to plan new IT projects, provision clouds, manage application performance and build applications themselves. The company has since expanded beyond the ITSM market to provide workflow solutions for IT operations management, customer support, human resources, security operations and other enterprise departments where a patchwork of semi-automated processes have been used with varying success in the past. ServiceNow’s stock fell during the quarter, driven by the announcement that its much anticipated AI Agents offering is going to be offered as a consumption-based model, vs the expected seat-based model. This change will make revenue recognition fall further into the future, as clients can take their time adopting (and therefore paying) for the new product.”
4. Eli Lilly and Company (NYSE:LLY)
Number of Hedge Fund Holders: 119
A caller asked what Cramer’s thoughts on Eli Lilly and Company (NYSE:LLY) were, and he commented:
“Okay, Eli Lilly. We bought some just the other day for the Charitable Trust. Why did we do that? Because it’s down very big and yet it’s been beating Novo Nordisk over and over and over again. So I just think this is a decent level to start a position if you don’t have any.”
Eli Lilly (NYSE:LLY) focuses on researching, developing, and bringing to market a wide range of medicines, including treatments for diabetes, cancer, autoimmune conditions, pain, and migraines. When Cramer was asked about the company around 2 weeks ago, he stated:
“I want you to buy more… The reason why you want to buy it is because there was definitive data that came out last night about Novo Nordisk not being anywhere near as good as Eli Lilly when it comes to weight loss, which is what a lot of people are in the GLP for. And it was not reflected because the things were so crazed because of what the president announced. I think the stock could be up a hundred points when people realize, wait a second, it is definitively better than Novo. I would buy Eli Lilly handover fist.”
3. UnitedHealth Group Incorporated (NYSE:UNH)
Number of Hedge Fund Holders: 139
A caller inquired if UnitedHealth Group Incorporated (NYSE:UNH) stock presents a buying opportunity or has it become a value trap. In response, Cramer said:
“Look, I think, now this is a really tricky one because my rules say that even if I like that stock, and I gotta tell you, I think that Mr. Hemsley is fantastic, even if I like that stock, if there is a Justice Department inquiry, if there are problems with the government, I have to take a pass. Because more often than not, I’ve been hurt when I speculate.”
UnitedHealth Group (NYSE:UNH) is a healthcare company that provides health plans, care services, pharmacy benefits, and health management programs. The company also offers software, data solutions, and consulting to healthcare organizations. Appearing on Squawk on the Street on May 21, Cramer said:
“Oh UNH is up… The things that they, I mean I thought that this was about as strongly denied, they’ve not denied the other stuff… Oh the HSBC, that’s really early… Well Mr. Hemsley bought so much stock. You see those insider buys, from smart people. Those are not idle. It’s not an idle buy. . .I think Hemsley’s money. He’s money. He’s very good.”
2. Salesforce, Inc. (NYSE:CRM)
Number of Hedge Fund Holders: 140
When a caller mentioned that they own Salesforce, Inc. (NYSE:CRM) stock, Cramer said:
“If Salesforce goes and buys this Informatica, that would be very bad, and it would make me question what the company was up to. I hope they don’t do that. I like Agentforce very much…”
Salesforce (NYSE:CRM) provides a unified platform that supports functions like sales, marketing, customer service, analytics, and e-commerce. The company’s tools help businesses manage customer relationships and streamline operations. Mar Vista Investment Partners, LLC stated the following regarding Salesforce, Inc. (NYSE:CRM) in its Q1 2025 investor letter:
“Salesforce, Inc.’s (NYSE:CRM) stock came under pressure in Q1 as investors grew concerned about the potential negative impact of trade tensions and tariffs on the global economy, as well as the current lack of monetization from AI-enabled software solutions. Despite these concerns, we remain confident in Salesforce’s strong competitive position, deep customer relationships, and its ability to monetize AgentForce, its newly launched generative AI-enabled chatbot designed to automate customer service tasks and significantly reduce costs compared to traditional call center support solutions.
As the largest provider of SaaS-based customer relationship management software globally, Salesforce possesses a vast repository of customer data. This data, when combined with generative AI solutions like AgentForce, can be mined for valuable insights and used to deliver enhanced customer outcomes. While AgentForce is still in its initial stages, it has already generated strong interest from both customers and global system integrators. Notably, Salesforce announced that approximately 5,000 customers are currently testing AgentForce, including around 3,000 paying customers. We continue to believe that Salesforce is well-positioned to monetize its AI offerings over time and expect the company to grow intrinsic value at a low double-digit rate.”
1. Broadcom Inc. (NASDAQ:AVGO)
Number of Hedge Fund Holders: 158
When a caller expressed bullishness toward Broadcom Inc. (NASDAQ:AVGO), Cramer commented:
“Broadcom is good, my friend. It’s one of my biggest positions for my Charitable Trust. This stock has been a horse, and I gotta tell you, as far as I’m concerned [buy, buy, buy] even up here, because it’s in the data center and it’s taking names and taking share.”
Broadcom Inc. (NASDAQ:AVGO) develops and supplies a wide range of semiconductor devices, including custom silicon solutions, connectivity components, and system-on-chips for networking, broadband, and mobile applications, along with products for data storage, wireless communication, and industrial use. On April 8, Cramer commented:
“Broadcom announced a $10 billion buyback to be finished by year-end by a CEO by the name of Hock Tan, who is just one of the greatest CEOs of our era. And this stock was only up $1.89. What that says is this is a horrible stock market, not a horrible company or a horrible stock. The market itself is just nauseous.”
While we acknowledge the potential of Broadcom Inc. (NASDAQ:AVGO) as an investment, our conviction lies in the belief that 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 AVGO and that has 100x upside potential, check out our report about this cheapest AI stock.
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