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 asked the question that’s on everyone’s mind now that President Trump has lifted the veil off of his promised tariffs. Cramer wondered how the tariffs would be implemented:
“Have you figured out how to take the tariff, if you’re moving goods from Mexico to here? What are you going to do? We just are putting away the money so that we’re ready, we’re just sitting there. We moved the trucks as best as we could. This is my wife’s mescal. . . .we don’t know how to give it to someone. We’re ready to give it to someone. But who?”
He went on and added:
“There is no clarity. I wish that there was because then we could move on with our lives. Maybe there is an External Revenue Service. Has it been set up? Has Musk set it up?”
In response, Cramer’s co-host David Faber speculated that perhaps the money collected from tariffs would go into the US Sovereign Wealth Fund and perhaps even TikTok could become a part of the fund as well. On this, Cramer shared:
“Don’t you wish we were joking? Don’t you wish? I mean I got a truck of mescal, and it’s gonna be five thousand dollars more than it was. And I’m thinking, okay, so, what if we sneak it in. No, you can’t do that, that’s against the law. Okay, so we’ll just keep it on the Mexican side of the border and maybe send it to the American side and we keep writing checks. . . “
However, while he might be uncertain about the tariffs, Cramer still doesn’t believe that a recession is possible. When his co-host Carl Quintanilla mentioned a Goldman report of recession odds increasing to 35%, Cramer replied:
“I don’t see it happening. I also rebel against the term stagflation. Because the only real time we’ve had genuine stagflation was under Carter. We have not, it’s been a not great bet, now maybe this time it’s a great bet. But you know, I’m rather using, I want to look at the 22 analogue, which was self-inflicted. And the 18′ analogue which was self-inflicted. But self-inflicted by Fed. This is self-inflicted by a President. Who doesn’t seem to, uh, be as focused on the downside. . not focused on the downside.”
As for President Trump and the stock market, Cramer wondered if Trump was just focused on the Dow instead of other markets. According to him:
“I would come back and say the one thing, the anomaly here, is the Dow Jones Industrial Average has held up incredibly well. And the President looks at the Dow. And if you look at the Dow Jones average, you know David, what is there to, they just are charmed. There’s a lot good in the Dow. And the President, if he’s looking at the Dow, I think he might say . . .why are they complaining?”
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 March 31st.
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).
11. FedEx Corporation (NYSE:FDX)
Number of Hedge Fund Holders In Q4 2024: 66
FedEx Corporation (NYSE:FDX) is a logistics and shipping company that is a frequent part of Cramer’s morning show. In his previous appearances, he has praised the firm’s latest earnings for their bottom line but complained that the market ignored the performance. He also believes that FedEx Corporation (NYSE:FDX)’s strong earnings imply that once its revenue picks up, the firm could see explosive growth. This time around, he commented on the firm’s operations:
“I think that FedEx is using robots right now, instead of humans.”
10. Marriott International, Inc. (NASDAQ:MAR)
Number of Hedge Fund Holders In Q4 2024: 69
Marriott International, Inc. (NASDAQ:MAR) is a global hospitality chain that owns and operates hotels. Its shares are down by 17.8% year-to-date on the back of a worsening economic backdrop that has impacted investor expectations about the stock market. In his previous remarks about Marriott International, Inc. (NASDAQ:MAR), Cramer bemoaned the end of a bull market in travel stocks and pointed to the weak share price performance as an example. Here are his latest thoughts:
“Well, I know that there’s a lot of questions about going out to dinner and going out to dinner, the restaurants that charge too much, not good. The travel boom. Many people feel is over. . .if it’s the airlines. . .Marriott has started to come down. This group is rolling over, but it’s a little self-fulfilling in the sense that you know David, once you get, one of them down, people just say I’m getting out all of them.”
9. Accenture plc (NYSE:ACN)
Number of Hedge Fund Holders In Q4 2024: 79
Accenture plc (NYSE:ACN) is a technology consulting company whose shares were hit in March due to cost-cutting efforts in the US government. The stock dipped by 7.3% last month after it announced that the cost reduction programs would affect its revenue. Cramer commented on the news and pointed out that most analysts covering Accenture plc (NYSE:ACN)’s stock had failed to predict the revenue drop. This time around, he commented that the firm’s CEO does not appear to be addressing the revenue hit:
“No, I’m watching her. . [Julia Sweet] she’s not directly addressing it.”
8. Chevron Corporation (NYSE:CVX)
Number of Hedge Fund Holders In Q4 2024: 81
Chevron Corporation (NYSE:CVX) is one of the biggest oil companies in the world. Cramer is a fan of the stock and prefers the shares over rival Exxon’s. Some of the reasons behind his bullishness are Chevron Corporation (NYSE:CVX)’s CEO Mike Wirth, the firm’s cash flows, its dividend yield, and projects in the Gulf. This time around, he focused only on the stock’s dividend yield:
“Carl, Chevron. Is that. . a 52-week high? Yield’s 4%. This is an example of a good yielder with bonds where they are even though oil’s not going up. And that’s what happening. There’s whole sectors that are working because they have good yield.”
7. The Coca-Cola Company (NYSE:KO)
Number of Hedge Fund Holders In Q4 2024: 81
The Coca-Cola Company (NYSE:KO) is one of the biggest carbonated beverage companies in the world. Its shares are up by 18% year-to-date as they have benefited from the stock’s defensive nature in a market that has been roiled by recessionary concerns. The Coca-Cola Company (NYSE:KO)’s defensive nature was evident as its shares rose by 3% the day President Trump announced his tariffs. The shares gained despite the fact that the flagship S&P lost 4% during the day. Ahead of the tariff announcement, Cramer advised viewers against shorting The Coca-Cola Company (NYSE:KO):
“In terms of shorting, like if you wanna short, do you short Coca-Cola? No, cause Coca-Cola in 2000, after the NASDAQ broke, was really a terrific stock to own.”
“Look at that April 14th to April 17th 2000 period when we had this dramatic switch. Which was rather incredible, which was the fastest I’ve seen where Coca-Cola went from being a loser to a winner. I think we’re there. Coca-Cola’s having a good quarter.”
6. Palo Alto Networks Inc (NASDAQ:PANW)
Number of Hedge Fund Holders In Q4 2024: 63
Palo Alto Networks Inc (NASDAQ:PANW) is a cybersecurity company whose shares have dropped by 9.2% year-to-date. The firm has struggled due to a weak earnings report in February and a broader weakness in tech stocks due to investor concerns about economic weakness. Cramer’s previous comments about Palo Alto Networks Inc (NASDAQ:PANW) have praised the firm’s CEO Nitesh Arora. This time around, he commented on a media report that had used Arora’s comments:
“Now, like this piece in The Information using Nitesh Arora, who is the CEO of Palo Alto, who would just tell me is not really referenced at all to what he’s talking about. It’s used completely out of context. . . he just said it’s out of context.”
“Meanwhile I’m working on the Nitesh story here. And this information, and I’m not getting the, kind of negative rap. That I’m hearing, I think that what this is involving an article in The Information, which questions the cost of NVIDIA’s chips. And I think that these are situations where you don’t have to necessarily buy the latest and greatest. As a matter of fact if you listen to what David was saying about Michael Intrator, and the depreciated life of a Grace Blackwell . . .he might be able to get those for a very good price.”
5. ServiceNow, Inc. (NYSE:NOW)
Number of Hedge Fund Holders In Q4 2024: 110
ServiceNow, Inc. (NYSE:NOW) is an enterprise software company that provides business process management software. Its shares have lost close to 28% year-to-date as they have struggled due to several negative catalysts such as weak 2025 guidance provided in 2025 and overall economic concerns. Cramer’s remarks about ServiceNow, Inc. (NYSE:NOW) mentioned the impact of US government cost-cutting on the firm’s business:
“[On how DOGE is impacting companies that provide government with services] Right, that’s the ServiceNow issue, that’s the ServiceNow issue, they have the most of the government.”
4. Walmart Inc. (NYSE:WMT)
Number of Hedge Fund Holders In Q4 2024: 116
Walmart Inc. (NYSE:WMT) is the largest brick-and-mortar retailer in the world. Its shares have gained 49% over the past year as the firm has successfully leveraged its scale to attract budget-conscious buyers to its doors in an inflationary era. Year-to-date though, Walmart Inc. (NYSE:WMT)’s shares are down by 1%. In his previous remarks about the firm, Cramer has wondered whether Walmart Inc. (NYSE:WMT)’s upcoming earnings results will impress investors. Here are his latest thoughts:
“[On MS commenting that lower income buying rates at Walmart, Dollar General going down] They are are going down. I am concerned about Walmart’s quarter. But the stock has reflected some decline.”
3. Tesla, Inc. (NASDAQ:TSLA)
Number of Hedge Fund Holders In Q4 2024: 126
Tesla, Inc. (NASDAQ:TSLA)’s shares have been unable to catch a break in 2025 as vehicle delivery weakness continues to drive the narrative. Analysts are torn over whether CEO Musk’s political activities, a production revamp, or both are to blame for the weak sales. Some have also stressed the need to focus on Tesla, Inc. (NASDAQ:TSLA)’s assisted driving platform FSD and AI opportunities when evaluating the stock. Here are Cramer’s comments:
“Look I have been saying that the company is worth, 200 dollars is the price that you get for AV and humanoid. I just can get that. I can arrive at that. I don’t know when the auto pain stops. We know that BYD owns the Chinese market. We know that Europe, we’re now hated. We know that, America, there are protests. You have to rely on the technology side.”
2. NVIDIA Corp (NASDAQ:NVDA)
Number of Hedge Fund Holders In Q4 2024: 223
NVIDIA Corp (NASDAQ:NVDA) is another mega-cap stock that has struggled in 2025. Investors are concerned about whether the demand for the firm’s expensive AI GPUs will materialize amidst efficiency demonstrations by Chinese AI startup DeepSeek. In his previous comments, Cramer has stated multiple times that the market is judging NVIDIA Corp (NASDAQ:NVDA)’s shares too harshly. Here are his recent comments:
“Look, NVIDIA’s under, it’s a long knives moment. We’ve been telling people in the club, you can’t buy it. If you want to hold it for the long term, it’s certainly a possibility. But you can’t buy it. Because it already had its conference.”
1. Alphabet Inc. (NASDAQ:GOOGL)
Number of Hedge Fund Holders In Q4 2024: 234
Alphabet Inc. (NASDAQ:GOOGL) is one of the worst-performing mega-cap technology stocks in 2025. The firm has failed to experience any positive catalysts and has struggled from weakness in its cloud business and its troubles with the Justice Department despite a change in government. Cramer’s previous comments have pointed out YouTube’s strength, wondered if Search is facing AI competition, and bemoaned the lack of any positive catalysts. Here are his latest thoughts:
“[On an analyst note comparing Google to Kodak] And he’s been right. And uh, in full disclosure, because I believe in full disclosure, we have been saying to sell it. For ages. For the club. And we finally were not restricted. So we finally got to sell it on the day when Moffett decides that there’s one TV station, maybe that’s why I was able to get out. Rather than down five. Because this piece, the Moffett piece basically says that they’ve got, not a hidden gem but a gem. And I think that he did not discount the fact that we don’t Google anymore.”
“[On the importance of monetizing YouTube] Well they have to. Because the Melius piece, again this Ben Reitzes, which is the anti Nat [Moffett Nathanson] piece, said the Google search division generated a 198 billion in revenue in 2024. I question how many people still go on the ad-filled, really impossible to go through Google, when you can go to these incredible sites. Though Google does have a little bit more to it. Look I’m not doing anything other than using these sites. And they make you feel one’s better than the other.”
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