On Monday, Mad Money host Jim Cramer discussed the ongoing surge in artificial intelligence spending.
“When you read about how we have such an extreme concentration of market capitalization in barely more than a handful of companies, there’s a natural tendency to want to avoid them. Who wants to own stocks like the Magnificent Seven? They’ve had some huge runs. You can probably get something cheaper, right? But today, like so many other days, you just feel like such a chump when you deviate from these seven stocks.”
READ ALSO: Jim Cramer Had These 18 Stocks in This Week’s Game Plan and Jim Cramer Spoke About These 16 Stocks Recently.
Cramer said that as the year comes to a close, he does not expect much to change through 2026. He explained that in the final stretch of the year, winners tend to continue doing well because fund managers want to show investors they hold successful, high-profile companies in their portfolios. He said that when these stocks pull back, institutional investors who have fallen behind market averages are quick to buy in. He mentioned that they are the best investment options for the next two months whenever there is any weakness in their prices.
“Bottom line: When you look at the Magnificent Seven, what they have in common is not artificial intelligence, the data center, accelerated computing. It’s that they all have pure, fantastic worldwide growth, and that’s why professional money managers just can’t quit these stocks. At the end of the day, the executives who run the Mag Seven know what we want, and they just keep giving it to us. What more can we ask for?”
Our Methodology
For this article, we compiled a list of 12 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on November 3. 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 Recently Commented on These 12 Stocks
12. AbbVie Inc. (NYSE:ABBV)
Number of Hedge Fund Holders: 89
AbbVie Inc. (NYSE:ABBV) is one of the stocks Jim Cramer recently commented on. Cramer highlighted the possible change in spending habits of the rich while discussing the stock, as he said:
“AbbVie stock is still falling after management talked about slowing medical aesthetic sales. Botox for the face may have finally hit a wall, even though this business had been booming because so many people didn’t like their slacking faces after they lost so much weight taking the GLP-1s. I found the AbbVie call particularly jarring because the weaker numbers indicate that rich people aren’t spending to keep their faces wrinkle-free. Maybe you can be too thin after all.”
AbbVie Inc. (NYSE:ABBV) is a biopharmaceutical company focused on developing, manufacturing, and marketing medicines for autoimmune, oncology, neuroscience, eye care, and cosmetic conditions. Cramer discussed the company during the April 14 episode and said:
“Or how about one of my absolute favorites right here too, AbbVie. Now here’s a drug company with no patent cliff in sight whatsoever. Got tremendous franchises in neurology, oncology, immunology, and medical aesthetics, among others. Because of today’s vicious bond market-inspired selloff, this fine stock’s down a quick 10 points today or more than 5%, but it only yields 3.7%. With rates going higher, you have to wonder if AbbVie’s worth the risk, even as it’s among the safest, if not the safest stock in the group, because of these amazing franchises.
I think it makes a ton of sense to start a position in the stock right now, if only because of the amazing Skyrizi and Rinvoq immunology drugs, as well as BOTOX, which right now is sainted for those who get too many wrinkles as their skin sags from taking GLP-1s, those are the drugs that combat obesity and diabetes. I don’t know, tempting.”
It is worth noting that AbbVie Inc.’s (NYSE:ABBV) stock has gained over 18% since the above comment was aired.
11. The Walt Disney Company (NYSE:DIS)
Number of Hedge Fund Holders: 111
The Walt Disney Company (NYSE:DIS) is one of the stocks Jim Cramer recently commented on. Cramer mentioned the stock during the episode and remarked:
“I know Disney has powerful pricing power as its parks are full, but Wall Street doesn’t trust that their pricing can hold up either.”
The Walt Disney Company (NYSE:DIS) creates and distributes film, television, and streaming content and also operates theme parks, resorts, and live entertainment. In addition, the company licenses its intellectual property and sells branded merchandise. A caller asked for Cramer’s advice on whether they should sell their position during the October 28 episode, and Cramer responded:
“No, I said the same thing to Jeff Marks. You know, Jeff runs the Charitable Trust with me, and I was fed up. I just said, how long? How long? But the fact is there’s value there and someone’s going to bring out the value, and when it happens, I gotta be in Disney. I can’t just say, you know what, I am bored with the stock of Walt Disney Company. There’s value. I’m sticking with it.”
10. Royal Caribbean Cruises Ltd. (NYSE:RCL)
Number of Hedge Fund Holders: 43
Royal Caribbean Cruises Ltd. (NYSE:RCL) is one of the stocks Jim Cramer recently commented on. Cramer discussed changing consumer spending patterns regarding the industry, as he commented:
“Right now, virtually any stock that relies on consumer spending is doing terribly. Many are deep in bear markets. Doesn’t matter how well the CEO says the business is doing. If the consumer has to pay for it and the price has gone up, then the consumer feels like she’s been had. Last week, for example, Royal Caribbean, a cruise line that’s done incredibly well since the pandemic, reported a quarter that looked good, but the market judged it harshly anyway because the reservation book didn’t fill up fast enough. That’s supposedly a sign that the consumer’s getting tired of taking cruises.”
Royal Caribbean Cruises Ltd. (NYSE:RCL) operates a fleet of cruise ships that provide travel experiences under the Royal Caribbean, Celebrity, and Silversea brands. Cramer discussed the company’s recent earnings and guidance during the October 28 episode and stated:
“But we also got, this is a new one that I saw today, the disappointing results from Royal Caribbean. Now, they’ve been leading the cruise lines higher for a very long time. This group’s done remarkably well this year. But today, Royal Caribbean gave disconcerting guidance for the current quarter and next year, and that’s why the stock plunged almost 9% in response. Now, after speaking with CEO Jason Liberty on Squawk on the Street this morning, I think maybe that decline was an overreaction. He had a lot of good things to say. Still, the market is saying that the consumers have become choosier about what to spend on and how much to spend.”
9. Nebius Group N.V. (NASDAQ:NBIS)
Number of Hedge Fund Holders: 45
Nebius Group N.V. (NASDAQ:NBIS) is one of the stocks Jim Cramer recently commented on. When a caller mentioned that they have been looking at the stock, Cramer said:
“Okay, Nebius is a huge, look, it’s Nebius, IREN, and CoreWeave. Those are the three. They’re going to keep getting contracts. If you’re in on the day when the stock is down, and they get a contract, you’re going to make money. What can I say?”
Nebius Group N.V. (NASDAQ:NBIS) develops full-stack AI infrastructure, including GPU clusters and cloud platforms, and provides tools and services for AI development. Cramer mentioned the stock during the September 24 episode and remarked:
“But then there’s a company like Nebius… which has some good contacts and a relationship with Microsoft, but it loses a lot of money, yet its stock’s rallied more than 308% for the year. Ow.”
Moreover, during the September 9 episode, Cramer highlighted his visit to Nebius Group N.V.’s (NASDAQ:NBIS) booth during NVIDIA’s GTC conference. He commented:
“Sometimes, though, you have a winner right in front of your face and you don’t realize it. When I was at NVIDIA’s big GTC conference… I was checking out the booth of all those companies that were working with Nvidia installing product into the data centers… At the end of the hall in what seemed to me to be a pretty empty booth… this company, Nebius, is a data center builder like CoreWeave. I felt bad for them, like no one was paying any attention to them, so I asked what they did. I sauntered it over there. They filled me in. They were going to be a part of the power solution. I thanked them. Never really thought about it again until yesterday when the company won a $17 billion contract to build a data center for Microsoft in Vineland, New Jersey… Sure enough, Nebius, which had been creeping up, vaulted from $64 to nearly $96 today in a colossal move. Nebius, it turns out, used to be a part of Yandex, a controversial Russian story. Spun out from Yandex, Nebius is controversial no more. It’s just electric, literally.”
8. TeraWulf Inc. (NASDAQ:WULF)
Number of Hedge Fund Holders: 26
TeraWulf Inc. (NASDAQ:WULF) is one of the stocks Jim Cramer recently commented on. Answering a caller’s query about the stock, Mad Money’s host said:
“Yeah, it’s a Bitcoin mining stock that people think is going to do far more than just Bitcoin, and they, I’ve gotta tell you, I’m a believer. It’s pure spec, but I am a believer.”
TeraWulf Inc. (NASDAQ:WULF) develops and operates bitcoin mining facilities and provides hosting services for digital asset mining. When a caller inquired about the stock during the October 27 episode and Cramer responded:
“Yeah, well, this isn’t, no look, if you want to have Bitcoin, the amazing thing about Bitcoin is you buy Bitcoin. I want you to sell Terawulf. Now, look, the shorts could rub it in my face, and there’s a big short position, 31%, and it could go up. But I don’t have any convictions, so I can’t tell you to buy it.”
7. Science Applications International Corporation (NASDAQ:SAIC)
Number of Hedge Fund Holders: 33
Science Applications International Corporation (NASDAQ:SAIC) is one of the stocks Jim Cramer recently commented on. When a caller asked about the stock during the lightning round, Cramer remarked:
“Oh, I like it. I like it. I’ve known it for a very, very long time. It’s an inexpensive stock and I think it’s a buy.”
Science Applications International Corporation (NASDAQ:SAIC) provides technical, engineering, and IT services, including AI solutions, digital engineering, and defense support. On October 7, the company announced its acquisition of SilverEdge Government Solutions from Godspeed Capital for $205 million in cash. SilverEdge provides cybersecurity, software, and intelligence solutions.
The acquisition will integrate SilverEdge’s technology and team to improve Science Applications International Corporation’s (NASDAQ:SAIC) delivery of mission-focused national security solutions. The deal is expected to close in the third quarter of fiscal 2026. SilverEdge’s CEO Robert J. Miller III said:
“From day one, our vision was to deliver next-generation cyber, software, and intelligence solutions that disrupt the status quo. That mission aligns perfectly with SAIC’s focus on innovation and national security. By joining forces, we will continue to push boundaries, expand our capabilities, and deliver even greater value for our customers. I am incredibly proud of the SilverEdge team and energized for what the future holds.”
6. Intel Corporation (NASDAQ:INTC)
Number of Hedge Fund Holders: 82
Intel Corporation (NASDAQ:INTC) is one of the stocks Jim Cramer recently commented on. A caller inquired if it is too late to get into the stock or if it is still a buy. In response, Cramer said:
“It’s too late. Money’s been made. Let’s just be very careful. The stock’s had a gigantic move. There are many people who say that there’s still so much work to do. You’re going up against some very big companies. It’s been a huge run. Lip-Bu Tan has done a terrific job. If I were him, I would raise as much money as possible because there was still so much damage to that balance sheet. The problems aren’t over yet.”
Intel Corporation (NASDAQ:INTC) designs and manufactures processors, chips, memory, and related hardware. Additionally, it provides software, optimization solutions, and AI-enabled platforms. Cramer praised the company’s CEO during the October 1 episode, as he stated:
“Then there’s an amazing comeback story in the list, and it’s the story of Intel. Here’s a company where fortunes are changing on the fly, thanks to a phenomenal new CEO, Lip-Bu Tan. He’s a legendary semiconductor investor and the man who turned around the wayward Cadence Design Systems. Under his reign, the stock appreciated some 3,200% over a 13-year period. When he came in, he realized that Intel was even worse off than anyone thought.
So what did he do? He did the right thing. He decided first to fix the balance sheet, managed to wrangle $8.9 billion from the federal government in return for a 10% stake. He also raised $2 billion from SoftBank and $5 billion from NVIDIA, where Jensen Huang is an old friend. He saw real potential despite the fact that at one point, well, Intel tried to put NVIDIA out of business. Even as the fruits of all this money are so elusive, the stock still rallied almost 50% last quarter.”
5. SoFi Technologies, Inc. (NASDAQ:SOFI)
Number of Hedge Fund Holders: 47
SoFi Technologies, Inc. (NASDAQ:SOFI) is one of the stocks Jim Cramer recently commented on. During the episode, a caller asked how far Cramer thinks it will go, and he replied:
“Okay, SoFi, I think, is an amazing company. I think it is run terrifically by Anthony Noto, a very old friend, of now more than 30 years. I think it’s resting right here, and then it’s going to go up again. It and Affirm are my two favorite so-called fintechs because they do far more than what people think they do.”
SoFi Technologies, Inc. (NASDAQ:SOFI) provides lending, banking, investment, and insurance services through digital platforms. The company offers personal, student, and home loans, cash management, investment tools, credit cards, and financial wellness products. Cramer discussed the company during the October 24 episode and said:
“Okay, here’s one, SoFi. You know we’re behind this one, right, the digital bank? It’s had a huge run that you have to ask if anything can justify the move beyond where it is. The rally today didn’t help. I don’t know. Call me, let me say, critical because I do, am concerned about profit taking there.”
4. Nucor Corporation (NYSE:NUE)
Number of Hedge Fund Holders: 47
Nucor Corporation (NYSE:NUE) is one of the stocks Jim Cramer recently commented on. Cramer discussed the stock in light of interest rates, as he said:
“I am looking for stocks you don’t have a buy and a sell. You just own them. I waffle on the builders of data centers, too. I think they may have secular growth, meaning growth that doesn’t depend upon the health of the broader economy. That’s the kind of growth I’m looking for. I just don’t know if they have enough of it. I feel the same way about Nucor. Got a large data center, steel business, even as other customers desperately need lower interest rates. So that means Nucor’s hostage to the Fed’s next move, and we don’t know if we’re going to get a rate cut in their next meeting.”
Nucor Corporation (NYSE:NUE) manufactures steel and steel products, including sheet, plate, bar, and structural steel. The company also produces raw materials, metal products, and industrial gases for construction, manufacturing, and energy applications.
3. Seagate Technology Holdings plc (NASDAQ:STX)
Number of Hedge Fund Holders: 71
Seagate Technology Holdings plc (NASDAQ:STX) is one of the stocks Jim Cramer recently commented on. Cramer mentioned the stock while discussing the storage business and stated:
“Of course, not all growth stocks are created equal. The questionable stocks these days are the ones that are in the data storage business: Sandisk, Seagate, [and] Western Digital. They’re now shortage stocks, meaning not enough people saw the demand for data storage coming. So they have super growth because they’ve got these storage machines and their stocks are roaring higher. I like them, but I know you have to sell them at a certain point because eventually they’ll pump out enough new supply to sate the demand.”
Seagate Technology Holdings plc (NASDAQ:STX) makes hard drives, solid-state drives, and storage solutions for personal, gaming, and business use. During the October 24 episode, Cramer mentioned the stock and said:
“You want a stock that’s moved up in anticipation of a blowout that could give you a blowout times two? Well, that’s how I feel about the stock of Seagate. Yes, the disk drive company, which is supply-constrained. That’s a great thing to be in this environment.”
2. Kimberly-Clark Corporation (NASDAQ:KMB)
Number of Hedge Fund Holders: 42
Kimberly-Clark Corporation (NASDAQ:KMB) is one of the stocks Jim Cramer recently commented on. Cramer highlighted the company’s acquisition plans, as he commented:
“Now, I want you to contrast that with Kimberly-Clark, a great company, saw its stock get clobbered today after the company announced it was buying Kenvue. That’s the maker of Tylenol, Band-Aids, Neutrogena, among other brands… At one time, like so many other household names, Kimberly-Clark went from being a largely domestic company to a worldwide colossus… Kimberly-Clark’s growth rate got better and better and better, and the stock was a juggernaut.
But once Kimberly-Clark had expanded everywhere and began to face more competition from Procter & Gamble and Unilever all over the globe, as well as the local brands that caught up to their winning formula, well, the growth rate plummeted. It got to the point that Kimberly had a 2.5% organic growth rate when it reported last week. And believe it or not, that was actually a pretty good number. That’s simply not enough growth, though, to attract the new buyers that are interested in the Mag Seven. No wonder the company felt compelled to buy Kenvue even as it owns the very controversial Tylenol… A safety stock does not go down 22% in one year.”
Kimberly-Clark Corporation (NASDAQ:KMB) sells personal care and household products, including diapers, wipes, feminine and adult care products, tissues, paper towels, and soaps.
1. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders: 335
Amazon.com, Inc. (NASDAQ:AMZN) is one of the stocks Jim Cramer recently commented on. Cramer discussed the company in detail during the episode. He said:
“So let’s consider the case of Amazon. A week ago, despite tremendous derision, I defended owning Amazon on this show, a stock that had fallen behind the other six names in the Mag Seven… First, Amazon reported an incredible quarter with a huge uptick in the web services business, where the growth rate jumped from 17.5% to 20% off a much larger base than Microsoft. And for the second punch, if you were worried that Amazon wasn’t investing enough in the web services biz, well, today we learned that’s not the case at all. Amazon Web Services inked a multi-year strategic partnership with OpenAI…
Under this $38 billion agreement, OpenAI is ‘accessing AWS compute comprising hundreds of thousands of state-of-the-art Nvidia GPUs.’ The result, in just a few days’ time, the gigantic company, now $2.7 trillion, bolts from $222 to $254, and the stock goes from being unchanged for the year to nearly up 16%. A loser? Nah, a winner. That’s monumental… Now, I don’t bring up this incredible Amazon gain to brag that I own the stock for the Charitable Trust despite constant chiding and endless criticism from the bears who seem to be everywhere….
But no, I bring this up to refute the worries about the dangers of concentration that I heard literally that this is what’s going to cause the market to go down and hurt these stocks the most… The reason why this market gravitated to Amazon last week is that it’s the most valuable unit, Amazon Web Services has accelerated growth. It went from 17.5% growth, not too shabby, to 20% growth, which is rather remarkable given the law of large numbers. 20% growth off a $132 billion revenue run rate with a 34% gross operating margin? For heaven’s sake, that’s some of the most profitable growth the world has ever seen.”
Amazon.com, Inc. (NASDAQ:AMZN) sells consumer goods and digital content through online and physical stores, provides advertising and subscription services, operates Amazon Web Services for cloud computing, develops electronic devices, produces media content, and offers programs supporting third-party sellers and content creators.
While we acknowledge the potential of Amazon.com, Inc. (NASDAQ:AMZN) 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 AMZN and that has 100x upside potential, check out our report about this cheapest AI stock.
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