On Monday, Mad Money host Jim Cramer said that stocks, especially tech stocks, managed to rebound after last week’s slump as investors expect an end to the government shutdown.
“So it was the government shutdown and some insane comments from OpenAI about a government backstop because of gigantic spending that caused the sell-off. I think so… I’m not surprised at this turnabout. Why? Because I’ve learned to trust the market and not start betting against it, because we had a tough week.”
READ ALSO: Jim Cramer’s Recent Thoughts on These 8 Stocks and Jim Cramer Answered Harvard Business School Students’ Questions: 9 Stocks in Focus.
Cramer said that while the stock market may often seem irrational, it tends to move for reasons that make sense upon closer look. Questioning why everything tied to data centers had surged, Cramer said that companies cannot afford to slow down construction of data centers without risking being left behind by competitors.
“The bottom line: With the government potentially about to reopen, it’s back to business as usual, and that means the data center stocks come roaring back as they should. Even if you have zero faith in Silicon Valley, you should recognize that the Chinese are doing the same thing and respect that all we are trying to do is keep up with them. And they’re our number one competitor, and man, are they hard to beat.”
Our Methodology
For this article, we compiled a list of 16 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on November 10. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the second quarter of 2025, which was taken from Insider Monkey’s database of over 900 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 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
Jim Cramer Offered Insights on These 16 Stocks
16. Eli Lilly and Company (NYSE:LLY)
Number of Hedge Fund Holders: 119
Eli Lilly and Company (NYSE:LLY) is one of the stocks Jim Cramer offered insights on. Cramer discussed the future possibilities of the company’s weight loss drug, as he said:
“… Eli Lilly, which I think has beaten back Danish Novo Nordisk, maybe even into submission. After all, Lilly’s on the market with a very effective once-a-week shot, but more important, it’s soon going to have a pill version. It could be gigantic. People hate shots. No wonder Lilly’s stock vaulted nearly 5% today, on the verge of becoming… the first non-tech stock to cross into the $1 trillion circle besides Berkshire Hathaway. But I say not so fast. As much as I like Lilly for the Charitable Trust, where it’s a very big position and we’re not a seller, I’m mindful that you can’t take anything for granted in this business… Lilly’s spending a fortune to develop a pill form of the drug that you can take every day like any other medication, and that could be more popular than any shot. You’re much more likely to stick with a pill than an injection. Plus, one of the biggest drawbacks of the current GLP-1s is that they cause you to lose fat and muscle in equal measure. These drugs make you thin, but they make you weaker. However, Lilly’s working on a shot that’s more targeted. It will attack fat to muscle at a 3:1 ratio.”
Eli Lilly and Company (NYSE:LLY) develops pharmaceuticals for areas such as diabetes, obesity, oncology, immunology, and neuroscience.
15. Pfizer Inc. (NYSE:PFE)
Number of Hedge Fund Holders: 83
Pfizer Inc. (NYSE:PFE) is one of the stocks Jim Cramer offered insights on. Cramer discussed the company’s acquisition of Metsera during the episode. He commented:
“There’s room for more than one winner in this race for GLP-1 weight loss supremacy, but some of these winners are going to be bigger than others. This morning, the gang on the Squawk on the Street grilled Pfizer CEO, Dr. Albert Bourla, about his company’s $10 billion acquisition of Metsera, a drug company that’s working on a monthly GLP-1 shot. Pfizer’s paying $65 and 60 cents per share upfront, plus contingent payments of $20 and 65 cents per share tied to specific milestones… Can Pfizer win… in the GLP-1 space? Look, the company it just bought, Metsera, has a shot that only needs to be taken once a month instead of once a week like Lilly. But it doesn’t have the efficacy of Lilly’s shot yet. Given that people historically hate to take shots and many eventually stop taking the injections, a once-a-month dosage seems like a terrific idea to me… Still, I think Pfizer’s very smart to buy Metsera in order to get a piece of the GLP-1 pie, even if it takes three years to be approved, and who knows how much time to scale the needed factories. But it could have another Lipitor on its hands. And even if this isn’t Lipitor part two, it’s definitely worth $10 billion to get into what may be the biggest class of drugs ever sold.”
Pfizer Inc. (NYSE:PFE) develops biopharmaceutical products and vaccines across many areas, including cardiovascular, infectious diseases, oncology, and immunology.
14. New Era Energy & Digital, Inc. (NASDAQ:NUAI)
Number of Hedge Fund Holders: N/A
New Era Energy & Digital, Inc. (NASDAQ:NUAI) is one of the stocks Jim Cramer offered insights on. Making a note of their propensity for speculation, a caller asked about the stock, and Cramer said, “… If you want your spec to be that, I am going to bless it.”
New Era Energy & Digital, Inc. (NASDAQ:NUAI) is an exploration and production company focused on helium, oil, natural gas, and natural gas liquids. On November 6, the company announced a land option purchase agreement for approximately 3,500 acres in Lea County, New Mexico, to develop a large-scale AI data center campus. The project is expected to include over 2 GW of natural gas generation and a planned 5+ GW nuclear installation, with initial power delivery targeted for 2028. CEO of New Era Energy & Digital, Inc. (NASDAQ:NUAI), E. Will Gray II said:
“Lea County’s deep energy heritage provides a foundation of skilled talent that directly supports our next-generation digital infrastructure vision. We believe this development will not only drive economic growth and high-tech job creation but also leverage New Mexico’s natural resources to power the future of AI innovation.”
13. United Rentals, Inc. (NYSE:URI)
Number of Hedge Fund Holders: 59
United Rentals, Inc. (NYSE:URI) is one of the stocks Jim Cramer offered insights on. A caller asked what they should do with the stock at this point, and Mad Money’s host replied:
“You can hold United Rental. That was just all people turning on the data center that, they heard that Sam Altman and OpenAI was spending too much money, and people were saying, woe is me data center. So it’s come down to a level where now I think it’s okay.”
United Rentals, Inc. (NYSE:URI) provides equipment rental solutions, as it offers machinery such as earthmoving equipment, aerial lifts, and power tools. Additionally, the company rents specialty equipment for trench safety, power generation, HVAC, and fluid management. Cramer mentioned it during the July 21 episode and said:
“Barclays seems to have bought into a theory that we’re heading into recession or something, or at least a capital spending drought. That hasn’t played out. So today, they raised a whole bunch of price targets in the capital goods sector, but they raised them to well below where the stocks are already trading. They took… United Rentals, $565 to $620. Stock’s at $778. The firm even had a Sell on that one. These, those are just plain wrong, and they still need stock to come down a lot.”
12. Brinker International, Inc. (NYSE:EAT)
Number of Hedge Fund Holders: 52
Brinker International, Inc. (NYSE:EAT) is one of the stocks Jim Cramer offered insights on. When a caller expressed that they have been contemplating investing in the stock, Cramer remarked:
“I think it’s the right level to buy Brinker, but you have to understand, 10 times earnings does matter. But the restaurant group is radically out of fashion. So if you’re going to buy some, let’s say, you want to buy 100 shares? You buy 25 here, and then you have to wait. I will not sanction buying more at this level.”
Brinker International, Inc. (NYSE:EAT) owns, operates, and franchises casual dining restaurants under the Chili’s Grill & Bar and Maggiano’s Little Italy brands. Cramer discussed the market reaction toward the company’s recent earnings during the episode aired on October 29, as he commented:
“Coming in today, Brinker’s stock was down 30% from its highs, and that was after it reported this morning, and the stock got hit again, only finishing off 7.5%. Even though the company delivered a top and bottom line beat, Wall Street maybe didn’t love that management had some kind of difficult things to say about tariffs, margin pressure, how they’re getting hit hard by import duties on beef and shrimp. At the same time, the bulls didn’t have too much to hang their hats on because Brinker merely, well, they didn’t merely reiterate their full year forecast, I mean, I wanted something more than that. And now, well, let me just say, this stock was up huge coming in from last year.”
11. Baidu, Inc. (NASDAQ:BIDU)
Number of Hedge Fund Holders: 33
Baidu, Inc. (NASDAQ:BIDU) is one of the stocks Jim Cramer offered insights on. A caller asked about the company during the lightning round, and here’s what Mad Money’s host had to say in response:
“Baidu is good. Baidu and Alibaba are good. Now, they have moved. They have moved a lot. Baidu’s up 56%. But if you’re going to own Chinese stocks, you want to own Alibaba first and Baidu second.”
Baidu, Inc. (NASDAQ:BIDU) provides online marketing, cloud, and AI-based services through platforms such as Baidu App, Haokan, ERNIE Bot, and Baidu Maps. The company’s solutions include search, content, and autonomous driving solutions, and offers an entertainment platform through the iQIYI unit. On November 7, Deutsche Bank upgraded the company’s stock from Hold to Buy and raised the price target to $160 from $90. The firm highlighted Baidu’s leading positions in AI across cloud computing, robotaxis, intelligent search, and AI chips. It noted growth in Baidu AI Cloud and global leadership of Apollo Go, and expects AI to drive Baidu, Inc.’s (NASDAQ:BIDU) next growth phase.
10. Bristol-Myers Squibb Company (NYSE:BMY)
Number of Hedge Fund Holders: 67
Bristol-Myers Squibb Company (NYSE:BMY) is one of the stocks Jim Cramer offered insights on. Answering a caller’s query about the stock, Cramer stated:
“I’m backing off on it because I gotta tell you, I’m trying to see some good news in this Cobenfy that I was really all in on and I’m not getting that news yet. And the stock is telling me I’m wrong. I don’t like a stock telling me I’m wrong and not listening because you know what? Even though I got a problem with hearing, I can hear the footsteps of the people leaving Bristol-Myers. So that’s what I feel about it. It is in the Charitable Trust big meeting on Thursday. We’ll have to suss it out a little.”
Bristol-Myers Squibb Company (NYSE:BMY) develops and markets biopharmaceutical products across oncology, hematology, immunology, cardiovascular, and neuroscience. During the November 5 episode, Cramer mentioned the company and said:
“Look, I, my Charitable Trust owns Bristol, looks like a mistake because I, I believed in Cobenfy, which is a, a pretty good product, but it’s not selling well at all.”
9. BTQ Technologies Corp. (NASDAQ:BTQ)
Number of Hedge Fund Holders: N/A
BTQ Technologies Corp. (NASDAQ:BTQ) is one of the stocks Jim Cramer offered insights on. During the lightning round, a caller asked about the company, and Cramer commented:
“Okay, look, I think that that’s going to be yours, that’s a speculation for you, if you’re going to speculate in quantum. For me, it’s going to be D-Wave. It’s not necessarily the best there is in terms of, because I really believe in IBM’s quantum and I, but I will say that D-Wave is my choice.”
BTQ Technologies Corp. (NASDAQ:BTQ) develops post-quantum cryptography solutions for blockchain and related applications. The company provides tools for quantum random number generation, post-quantum signatures, and quantum risk assessment. On October 27, the company announced a $15 million strategic partnership with ICTK Co. to co-develop a quantum-secure secure element chip, Quantum Compute in Memory or QCIM. The collaboration targets digital assets, stablecoins, IoT, fintech, and defense applications as it aims to deliver high-performance, energy-efficient, and commercially deployable quantum-resistant hardware.
8. Dutch Bros Inc. (NYSE:BROS)
Number of Hedge Fund Holders: 44
Dutch Bros Inc. (NYSE:BROS) is one of the stocks Jim Cramer offered insights on. Cramer discussed the stock’s pull-back, followed by the rally after its earnings, as he remarked:
“This time, the company just reported a nice top and bottom line beat. Stock got hit the next day, that was wrong, sold off 4.2%, that was wrong mainly because Dutch Bros saw its shop level margins come in a little bit light, but that’s ridiculous. After the initial pullback on Thursday, this thing rallied on Friday. And then of course it really roared today as it should have, surging 6%. It’s almost like Wall Street’s revisited the quarter and realized it was a good one upon further review because people just don’t understand the stock or the company or the drink.”
Dutch Bros Inc. (NYSE:BROS) operates and franchises drive-thru coffee shops under brands including Dutch Bros, Dutch Bros Coffee, Dutch Bros Rebel, and Blue Rebel.
7. D-Wave Quantum Inc. (NYSE:QBTS)
Number of Hedge Fund Holders: 24
D-Wave Quantum Inc. (NYSE:QBTS) is one of the stocks Jim Cramer offered insights on. Cramer discussed the stock’s price action over time, as he said:
“Over the past few weeks, this once red-hot speculative side of this market, yeah, you know it’s getting crushed. I mean, just look at the quantum computing plays. We had D-Wave Quantum on the show in August. Stock was at $18 and change by mid-October, then it peaked at nearly 47 bucks. But now I think this makes sense to some, it’s back below $30, down almost 40% from that high. That’s where you gotta start thinking about getting in. Last week, D-Wave reported its third-quarter results, and the report was really a perfect example of why these stocks are so tough to game. On the one hand, the numbers were all better than expected. On the other hand, they only had 3.7 million in revenue last quarter because the technology’s still in its infancy. Stock actually rallied almost 4% response. Still finished last week down nearly 20%. Remember last week was… a bad week for these stocks.”
D-Wave Quantum Inc. (NYSE:QBTS) develops quantum computing systems, software, and services, including Advantage quantum computers, Ocean developer tools, and Leap cloud and hybrid solver services.
6. Amgen Inc. (NASDAQ:AMGN)
Number of Hedge Fund Holders: 62
Amgen Inc. (NASDAQ:AMGN) is one of the stocks Jim Cramer offered insights on. Cramer discussed the stock’s rally and the company’s cholesterol drug phase 3 trial. He stated:
“In the last few weeks, the long-dormant healthcare sectors finally started to show a little life. It’s so inexpensive, it’s crazy. Take Amgen, the big biotech company with a host of drugs for cardiovascular disease, inflammation, oncology, all sorts of rare diseases. This stock’s up roughly 20% from its late September lows, including a monster run last week when Amgen reported spectacularly better than expected quarter. Then this past weekend, the company announced some very promising heart attack prevention results from a phase 3 clinical trial of Repatha, that’s the cholesterol drug.”
Amgen Inc. (NASDAQ:AMGN) discovers, develops, and delivers therapeutics across oncology, cardiovascular, immunology, and bone health. Cramer highlighted the company during the November 5 episode and said:
“Look, I think Amgen needs to do something because they’ve gotta broaden the portfolio where they need to be able to tell a little bit better story about some of the things that, they have a lot of good medicines, and they had a really good quarter last night.”
5. BlackRock, Inc. (NYSE:BLK)
Number of Hedge Fund Holders: 58
BlackRock, Inc. (NYSE:BLK) is one of the stocks Jim Cramer offered insights on. When a caller mentioned that they hold the stock but it has gone down recently, Cramer replied:
“Okay, BlackRock, I think that BlackRock’s pretty good now. It did have a dip here, and I like it. I’m going to throw in Blackstone. I’ll give a twofer. I like BlackRock and Blackstone, but I own BlackRock for the Charitable Trust. I think Larry Fink is terrific. I want to buy that stock right here, right now.”
BlackRock, Inc. (NYSE:BLK) is a global investment manager that offers portfolio management, mutual funds, ETFs, hedge funds, and alternative investments. The firm provides risk management and advisory services, and invests across equities, fixed income, real estate, and alternative markets. A caller inquired about the company’s stock during the July 28 episode, and Cramer responded:
“Alright, BlackRock is up in a straight line… as we know. It got hit. It shouldn’t have gotten hit as aggressively as it did. It only sells at 23 times earnings. I say only because it has tremendous growth and there’s very little risk. So I think it’s a buy. It’s come back. It was just last week it got to 1,130. It’s 1,117. It is [buy, buy, buy].”
4. Broadcom Inc. (NASDAQ:AVGO)
Number of Hedge Fund Holders: 156
Broadcom Inc. (NASDAQ:AVGO) is one of the stocks Jim Cramer offered insights on.
Noting that they have held the stock for years, a caller asked if they should continue holding it or sell it. In response, Cramer said:
“Hold or sale? Broadcom’s a buy. I mean, we’re talking about, we’re talking about Hock Tan. He is major great, he’s one of the greatest CEOs ever, and I think that the company is doing fabulously. And if anything, it’s a big position for my Charitable Trust.”
Broadcom Inc. (NASDAQ:AVGO) supplies semiconductor devices and infrastructure software, including networking, connectivity, and storage solutions. The company’s products are used for applications in data centers, telecommunications, broadband, smartphones, industrial systems, and AI networking. During the October 13 episode, Cramer discussed its deals with OpenAI, as he remarked:
“We got this gigantic deal between semiconductor kingpin Broadcom and OpenAI. To put it in plain English, OpenAI is going to design chips made by Broadcom for the equivalent of 18 Hoover Dams’ worth of electricity. That’s how they measure these things these days. Okay, stupendous… Broadcom is a $1.7 trillion semiconductor and networking company with a software kicker that, I don’t know, no one ever talks about. It rarely gets the attention it deserves… The stock shot up nearly 10% in response. This is just the latest in a string of big data center deals that make me real glad we own Broadcom for the Charitable Trust.”
3. Netflix, Inc. (NASDAQ:NFLX)
Number of Hedge Fund Holders: 133
Netflix, Inc. (NASDAQ:NFLX) is one of the stocks Jim Cramer offered insights on. When a caller asked about the stock during the episode, Cramer said:
“Yeah, I like Netflix a plenty. I think that Netflix understands exactly how to make a movie, how to make shows. They know what people want, and you know what they really have? It’s a subscription business. It’s, and I like, like Costco, I like, like Spotify, subscription businesses, they’re for me.”
Netflix, Inc. (NASDAQ:NFLX) provides streaming entertainment, including TV series, films, documentaries, and games. During the October 22 episode, Cramer noted that the company’s “profitability keeps improving,” as he commented:
“I think this sell-off is an overreaction… However, I will say that it’s become harder to judge Netflix ever since the company stopped… the regular reporting of subscriber metrics and average revenue per user… Again, though, I think this often, Netflix is giving you a terrific buying opportunity because I’m not worried about their business at all. I trust management when they say the Brazilian tax issue won’t impact earnings going forward, and other than that tax charge, well, you know what? I saw a lot to like…
Now, apart from the numbers themselves, I think the whole Netflix narrative remains extremely compelling… Long story short, while Netflix certainly didn’t report a clean quarter, the biggest piece of hair on this thing was that major Brazilian tax charge, one-off. I think it’s crazy that the stock sold off 10% today, given that it was already down about a hundred bucks from its highs. Plus, after the sell-off, Netflix now trades at less than 35 times next year’s earnings estimates even though it’s expected to deliver 26% earnings growth. This thing could sell at 50 times earnings, it wouldn’t be all that expensive. I think it’s a fine price to pay.
Bottom line: As far as I’m concerned, Netflix has great revenue growth and aside from that Brazilian thing, its profitability keeps improving. They had a terrific content slate. Basically, nothing about this quarter makes me doubt the company. The only thing that’s changed is the stock’s gotten a heck of a lot cheaper, which is why I think this is an incredible buying opportunity.”
2. Palantir Technologies Inc. (NASDAQ:PLTR)
Number of Hedge Fund Holders: 78
Palantir Technologies Inc. (NASDAQ:PLTR) is one of the stocks Jim Cramer offered insights on. Cramer said that the company’s CEO “never stops crushing the expectations,” as he stated:
“Palantir’s harder. Alex Karp seems like a renegade, but he really isn’t. He’s constantly trying to explain why his company’s worth what it is, and he never stops crushing the expectations. I believe in Karp’s leadership because you know what? I’ve been around… My hat’s off to Palantir. I wouldn’t short that thing even after this run… When it was at $50, I said, it would go to $100. When it was at $100, I said it would go to $150, and when it was $150, I said it was going to go to $200. And now I think it’s going to $250 after this pit stop, 178 up to 193.
Hedge fund managers I meet almost all want to tell me, you know what, you’re dead wrong, Cramer. I don’t feel very wrong, especially after talking to multiple clients who actually swear by Palantir… Now I know that Palantir’s richly valued at almost 300 times earnings. As Karp says, and I quote, ‘This ascent has confounded many financial analysts and the chattering class,’ he goes on to say, ‘whose frame of reference did not quite anticipate a company of this size and scale growing at such a ferocious and unrelenting rate.’
… In the end, he points out, ‘Palantir has made it possible for retail investors to achieve the rates of return previously limited to the most successful venture capitalists in Palo Alto.’ To which I say, amen. What do you want me to do here? Palantir and NVIDIA are two of the biggest winners I’ve ever seen, and individual investors have indeed made fortunes in both of them, while money managers sat on the sidelines for the most part or shorted them.”
Palantir Technologies Inc. (NASDAQ:PLTR) develops software platforms that enable organizations to integrate, analyze, and operationalize complex data.
1. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders: 235
NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer offered insights on. Cramer praised the people who run the company and said:
“… Of course, there were people who shorted stocks, including me, that were dot-com bombs. And now the same short sellers, not me, because I can’t sell, I don’t own stocks, are trying their hand at betting against the great data center build out, including its most visible winner, NVIDIA, as well as the wild run in artificial intelligence, as exemplified by Palantir. The shorts think that because they were successful at shorting one theme, they’ll be successful at shorting another.
I say not so fast. It doesn’t work like that. NVIDIA and Palantir are run by some of the smartest people in the world, Jensen Huang and Alex Karp. Are their stocks expensive? It depends. NVIDIA’s stock has a reputation for looking expensive on forward earnings projections and then turning out to be inexpensive when we see the actual earnings and they come in better than expected. Yes, it’s still growing that fast.”
NVIDIA Corporation (NASDAQ:NVDA) designs computing infrastructure, including graphics, AI, and data center platforms, and serves gaming, enterprise, and automotive markets.
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