We recently published a list of Jim Cramer Commented on These 8 Stocks Recently. In this article, we are going to take a look at where Agnico Eagle Mines Limited (NYSE:AEM) stands against other stocks that Jim Cramer discussed recently.
On Friday, Jim Cramer, host of Mad Money, revisited the recent turbulence in artificial intelligence stocks, three months after the emergence of DeepSeek, a Chinese AI firm that initially rattled markets. He noted that despite the broad pullback in the sector, many of the fears triggered by DeepSeek’s debut have not materialized, which has led to a reconsideration of the panic that followed.
“Three months ago, January 23rd is a day that will live in artificial intelligence infamy. That’s when we learned that a Chinese firm called DeepSeek had figured out a way to train high quality generative AI models using far less hardware. They claim their hardware costs were around $6 million versus 80 to $100 million for their enormous American competitors.”
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The announcement sent shockwaves through the market. Cramer recalled how NVIDIA saw its stock fall sharply over just two trading sessions. The market reaction spread quickly beyond and hit other companies tied to data center infrastructure, which eventually pulled down the broader Nasdaq. However, Cramer noted that the company then revealed plans to build $500 billion worth of AI infrastructure in the United States over the next four years.
Cramer noted that initially, it seemed to signal a renewed sense of stability. But soon after, the administration imposed a ban on selling AI chips to China, which forced the GPU kingpin to write down $5.5 billion tied to that entire initiative. Even so, Cramer emphasized that the company’s core business remained strong.
“We understand that they’re basically sold out for the year, even as they can only sell their best stuff in the United States and the 18 friendly countries.”
Cramer attributed the export restrictions to a policy from former President Biden, one that President Trump has not reversed. Despite the geopolitical constraints, Cramer stressed that demand for the company’s technology is still overwhelming. He argued that the stock never should have experienced such a steep drop in the first place. He added:
“Even with the trade war, the AI infrastructure theme seems totally back on track. In fact, it never left the track to begin with.”
Our Methodology
For this article, we compiled a list of 8 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on April 25. We listed the stocks in ascending order of their hedge fund sentiment as of the fourth quarter of 2024, which was taken from Insider Monkey’s database of over 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).
Agnico Eagle Mines Limited (NYSE:AEM)
Number of Hedge Fund Holders: 53
Agnico Eagle Mines Limited (NYSE:AEM) was mentioned during the episode, and here’s what Cramer had to say:
“You can buy the GLD or you can buy Agnico Eagle Mines, which is the best of the golds. Start here. It’s been up a lot. It’s up 51% for the year. Don’t be aggressive till it comes down.”
Agnico Eagle Mines (NYSE:AEM) is a gold producer that explores, develops, and mines precious metals. Its operations include gold, silver, copper, and zinc. It is worth noting that Cramer was previously bullish on the company, as he said on April 17:
“Now people want a gold stock, right? I got one, I got the only one you need. It’s Agnico Eagle. It’s the best. It has the highest quality ores and mines in North America, which, last I looked, is a lot safer than a lot of other places.”
Overall, AEM ranks 3rd on our list of stocks that Jim Cramer discussed recently. While we acknowledge the potential of AEM as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than AEM but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
