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 discusses robotics and AI. The CNBC TV host is a strong believer in robotics, so much so that his co-hosts have often pointed out that he’s more optimistic about them than even Elon Musk. This is because while Musk believes that robots can become commonplace in 2030, Cramer believes that they could be with us much sooner than that.
In this show, he discussed a discussion with Amazon’s CEO and his key takeaways regarding robotics. Cramer revealed:
“And I’m frantically trying to match, as we say, the Bloomberg story with Apple. I would point out that there is a, Andy Jassy said something to me that me realize where you and I are on this. He said people like working with the robots. And the robots kind of like working with people. And I was thinking to myself when will we get to the point where we have to like them? When they have the ability to reason. And all of this is about reasoning. Andy Jassy [inaudible] with the statement that I made that the big gating factor is how much it seemed like that NVIDIA costs. He said no NVIDIA’s a great partner. But this is all about the big jump from dumb machines to machines that have personality and have reasoning abilities. So this is where you said it would get to, and it got there much faster.”
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 July 1st.
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. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders In Q1 2025: 328
Amazon.com, Inc. (NASDAQ:AMZN) has appeared frequently on Cramer’s morning show recently. Most of the time, he has discussed the firm’s Alexa assistant and outlined that an Alexa upgrade could be a game-changer for Amazon. Cramer frequently uses AI assistants for his show, and this time, he shared that Amazon.com, Inc. (NASDAQ:AMZN)’s Alexa is quite knowledgeable:
“What I said to Jassy is when are we going to see the merger between Alexa Plus and robots. Because Alexa Plus is reasoning. And Alexa Plus can, you go back and forth with Alexa Plus. I’ve had my, you know I used to speak to regular Alexa and it was very one way. It was a really bad marriage. No I’m not kidding.
“Let’s talk money. Alexa Plus has lost them billions. This is not going to do that. This is about making money. So you’re gonna have a delta. When you see these things, that they’ve been losing money on and they switch like international, then you have to recognize wow. this is now a new trajectory. Nobody cares right now. It’s part of a group of stocks that people just think are not where the action is. And I think that that’s big mistake. I think that you could have Amazon Prime three days and you could raise numbers.
“[on whether Alexa could compete with ChatGPT, Siri, and others] I thin. . .Alexa Plus is very knowledgeable about a lot of things. Right now Siri, not that smart about things. Yesterday I got something wrong about HPE. HPE is going to be able to keep Aruba. Some of that was because I was looking at these sites during our show and the sites can misinform you.
“I asked Andy Jassy by the way, whether, there was a Reuters story yesterday, that said his prices were, they did this analysis, and the prices are up already because of the tariff. Andy just point blank denied that. He said that this is not true. He did say that a lot of companies bought stuff forward. But he is not seeing any inflation from China yet. Now this is the crux of when will the Fed see it, when will we see it. We’re not seeing it yet.”
“I think that when it comes to inflation, Amazon. . .they are with the people.”
“But Amazon is keeping prices low. . .I have been all in on Amazon since it was two dollars. Not unlike NVIDIA. Two dollars!”
10. Walmart Inc. (NYSE:WMT)
Number of Hedge Fund Holders In Q1 2025: 100
Walmart Inc. (NYSE:WMT) is one of Jim Cramer’s top retail stocks. Along with Costco, he believes that the firm can leverage its scale and market presence to lower prices for consumers. Walmart Inc. (NYSE:WMT)’s shares are up by a modest 8.5% year-to-date after it recovered from a major 9.9% drop in February and a 12% drop in March. The shares fell in February after the firm’s midpoint 2025 EPS guidance of $2.55 fell short of analyst estimates of $2.76 and fueled concerns about the US consumer’s health. Walmart Inc. (NYSE:WMT) also came in the President’s crosshairs earlier this year after Trump warned the retailer not to raise prices. In his previous comments about the company, Cramer speculated that Walmart Inc. (NYSE:WMT) has negotiated the best deals that it could for its products. Here are his recent thoughts:
“I think that when it comes to inflation. . .Walmart, they are with the people.”
Cramer discussed Walmart Inc. (NYSE:WMT) in May and shared how the firm enjoys an advantage over its retail peers:
“I am questioning, how well it’s doing. It’s not big enough. They’re not opening a lot of stores, it’s part of urban strategy that seemed just okay. There were issues even, you know, off of George Floyd, but they recovered very quickly. . . .But I think that that’s more, if you might show some others, yeah Walmart’s really good too, TJX is really good too.
“Go look at the prices, when I. . .would walk with Brian through a Target store, I said this is too high, this is too high, this one’s too high. Where is the 2019? How about 2019 prices? I know that right now Walmart’s got some 2019 prices.
“Look, when you put up a chart of Dollar Tree, Dollar General, not Dollar Tree. Dollar General, I think that if Target can really lower price, you can have a kind of a conversion of. . .
“I’ve gone over this with Brian many times. I think everyone loves to go to Target. They’ve got those great brands that are their own. They have to cut price, cut price, cut price. They have no choice. They have to cut price.
“By the way the retail group is total chaos today. I mean Home Depot’s back down, Lowe’s is down. I thought Lowe’s had a good quarter. Again Target, it’s not existential. They got a really good yield. They’re gonna figure it out. I’m just saying that you’re up against a wall here, and the wall is Walmart.”
9. Costco Wholesale Corporation (NASDAQ:COST)
Number of Hedge Fund Holders In Q1 2025: 93
Costco Wholesale Corporation (NASDAQ:COST) is another favorite Jim Cramer retail stock. Like its peer Walmart, Cramer believes that the firm can and is taking a proactive approach when it comes to lowering prices for inflation-ridden consumers. Costco Wholesale Corporation (NASDAQ:COST)’s shares have gained 7.9% year-to-date as the firm’s scale has created a sense of safety among investors, even as they fret about the state of the US economy and the consumer. In his previous remarks, Cramer praised the firm’s consistent earnings and its persistence with initiatives once they are launched. This time around, he remarked on Costco Wholesale Corporation (NASDAQ:COST)’s ability to lower prices:
“I think that when it comes to inflation. . .Costco. . .they are with the people.”
“Right well I mean Costco’s tomatoes are from, they are famously from Mexico, not the Florida tomatoes that I could hit you with and you would fracture your skull. And those are going to go up in price, what can they do. But they’ll shift things around.”
Cramer discussed Costco Wholesale Corporation (NASDAQ:COST)’s intensity in an earlier appearance. Here is what he said:
“Costco’s very, I am friendly with Richard Galanti, the former CFO. And one of the things that Costco did was say, I don’t know do we really have to do this [get into eCommerce]? And, then they realized they had to do it. And once they went in, I mean they come out guns blazing. I mean they’re a little like Apple in that sense. Like we don’t necessarily have to be first but we’re gonna be the best. And Costco’s model is so perfect for this, they are gonna have, I think they’re gonna pass on what they can. But remember, their model is volume.”
8. Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holders In Q1 2025: 159
Cramer continues to be one of Apple Inc. (NASDAQ:AAPL)’s strongest proponents even though the firm’s shares have lost 12.6% year-to-date. The stock has struggled due to trade tensions between the US and China that have threatened to disrupt the supply chain, the firm’s struggle to convince the market about its presence in the AI market, and concerns about slow iPhone sales. However, the CNBC host believes that Apple Inc. (NASDAQ:AAPL) will maintain its stature as long as the firm holds its high-end smartphone market share. This time around, he criticized Apple Inc. (NASDAQ:AAPL)’s stock buybacks and deemed them inadequate:
“[On reports of Apple reportedly looking to rely on third party AI] Look at how the stock reacted. Because people are tired of Apple just saying, you know what we’re gonna do, we’re gonna buy back stock until we get something better. No. I mean that’s not what you can do anymore.
Cramer commented on Apple Inc. (NASDAQ:AAPL)’s woes in detail recently. Here is what he said:
“. . .Apple, which cannot get out of its own way. And I think probably could go down to 25 times earnings. Which is a substantial decline. Apple’s a share donor. It’s a share donor.
“[On why he won’t sell despite talking about the negatives] The number product, I just went on Amazon . . .I really want to buy, I need more AirPods. . . I think what’s really important David, is they are a share donor to the other stocks I’m talking about. And it is because all they do is buy back stock. . .
“[On why Apple stock should be bought] No I’m not going to because I think the multiple’s too high.
“[On future prospects, past revenue growth] Well I think it’s time they articulated a strategy for Siri.”
“. . .they do need to have Siri on board. . .they gotta fix it, because right now, if they bought Perplexity, and I know that they are averse to buying companies, but Perplexity is my go to. I’m on Perplexity maybe 20 times a day.”
7. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders In Q1 2025: 212
NVIDIA Corporation (NASDAQ:NVDA)’s shares are off to a great start in the year’s second half. They are up by 14.9% year-to-date and have recovered all losses since January’s DeepSeek selloff. Unsurprisingly, AI is at the heart of NVIDIA Corporation (NASDAQ:NVDA)’s newfound bullishness. Investors have rewarded the firm after several analysts speculate that GPUs will continue to grow their enterprise computing market share over the coming years and the AI market will expand. NVIDIA Corporation (NASDAQ:NVDA) has also benefited from its competitiveness as its GPUs continue to be the highest-performing and most widely sought AI hardware in the world. In this appearance, Cramer commented on NVIDIA Corporation (NASDAQ:NVDA)’s CEO and his thoughts about the future:
“[On research reports showing limitations with the reasoning ability of generative AI] Why is NVIDIA bothering to put out new iterations? Well because each one is better and Jensen is about, he will tell you, the one he’s thinking about a few years from now, will be, he would say smarter than you. It’d be smarter than you. And you know that will be intimidating. You will say, like you heard Jassy talk about, he went back and forth about the Kentucky Derby winner, well it’s entirely possible that this next one will be able to say, well listen, right now if you send that to an upper left corner pitch, Bryce Harper’s going to strike out with that. It’s going to know these things.
“But I’m saying that, when I talk to Jensen about what’s coming, what’s coming is so smart, look we can’t just get there.”
Later in the day, on Mad Money, Cramer shared some reasons behind NVIDIA Corporation (NASDAQ:NVDA)’s share price movement:
“But then at the beginning of April, the stock collapsed on word that the president didn’t want NVIDIA to sell any of its AI chips to the Chinese… That eventually caused NVIDIA to take a $4.5 billion write-off as they lost access to a market Jensen said could be worth as much as $50 billion.
When that happened, the memesters left the building. Stock bottomed at 86 bucks and change in April. Can you believe it? And that was the time to buy as NVIDIA began its unheralded run all the way to $158, where it closed last night. The amazing thing, this rally was based on nothing more than semiconductor superiority and persistent demand from the hyperscalers, the same things that had the stock roaring all last year. I guess you could say that there was nothing wrong with NVIDIA the whole time… So, what did we discover?… NVIDIA’s artificial intelligence chips remain unrivaled…”
6. Tesla, Inc. (NASDAQ:TSLA)
Number of Hedge Fund Holders In Q1 2025: 104
Cramer discusses Tesla, Inc. (NASDAQ:TSLA) in nearly every morning appearance. This is partly due to the firm’s CEO Elon Musk, whose recent back-and-forth with President Trump has caught media attention. After their first bout last month, Cramer wondered whether Tesla, Inc. (NASDAQ:TSLA) could maintain stable stock performance if Trump was displeased with Musk. Cramer also agrees with Musk on the fact that the firm’s narrative will be determined by self-driving and humanoid robots instead of vehicle deliveries. In this show, he commented on Tesla, Inc. (NASDAQ:TSLA)’s share performance after Trump and Musk disagreed on the former’s legislative efforts:
“. . .this is the first time that I’ve seen this stock get crushed because the President did say that the subsidies, he’s [Musk] the most subsidized person in America, alluded to maybe a trip to South Africa. . .
“Well, he [Trump] liked his Tesla. . .
“They don’t go up in value, remember when Hertz. . .
“Well a lot of people did feel that this. . .friendship could mean that the interstate highway system would allow self driving vehicles, including Musk. And it was about self driving and it was about what a leg up he had because of his relationship with President Trump. And now you don’t see that.
“Well look there’s a definitive group of people who are almost gleeful that the car sales are so bad which allows them to talk about robots, allows them to talk about self driving. It’s almost like look, we don’t have to do with that narrative anymore, everyone knows the car sales are bad. But we know that there is a subsidy that’s going away. That’s different from bad car sales.”
Cramer continued to discuss Musk and Trump later in the day on Mad Money:
“Tesla, total dice roll. We have no idea what Elon Musk and the man in the White House, who may be the best name caller,… are going to do. But they sure don’t seem like they’re on great terms. So my plan is to have the president give Elon the right to have driverless cars on the interstate. I’m calling that plan shelved. But moral? There are usual ways to make a lot of money, but it’s really fun to talk about Elon.”
5. GE Vernova Inc. (NYSE:GEV)
Number of Hedge Fund Holders In Q1 2025: 111
GE Vernova Inc. (NYSE:GEV) is a former General Electric business that has prospered on the stock market in today’s AI wave. This is because of the firm’s exposure to nuclear energy as it manufactures turbines and other equipment. GE Vernova Inc. (NYSE:GEV) is one of Cramer’s top nuclear power stocks. The CNBC host is typically dismissive of nuclear energy stocks as he believes that the returns from nuclear power projects typically take years to materialize. In his recent remarks, Cramer discussed by GE Vernova Inc. (NYSE:GEV)’s shares recently soared:
“And then GE Vernova. Which you know yesterday there was an article in the Times about how windmills are going to get hurt in the Republican bill. GE Vernova was up nine again. A lot of it has to do parts where they’re made and they’re fabled for making American stuff. I would think that if you banned Chinese parts or you make them pay, that people would be willing to, that they might shift from one kind of power to another. But wind power is very very cheap.”
Later, Cramer discussed how GE Vernova Inc. (NYSE:GEV) can benefit from President Trump’s trade discussions:
“Second, as Vernova CEO, Scott Strazik told us when he came on the show in late April, his company could see some real benefits from trade tensions. Just like Boeing’s planes, GE Vernova’s turbines are big-ticket items. They cost tens of millions of dollars each. People say they’re about $50 million on average. The Trump administration wants a lot of countries to reduce their trade surpluses with the United States, and buying a bunch of natural gas turbines is an easy way to make that happen.
I’ve liked GE Vernova since before it was spun out of GE, and I see no reason to turn bearish now. Sure, the stock’s expensive, trading at roughly 72 times this year’s earnings estimates, which is why a couple of analysts have downgraded it, from Buy to Hold in recent weeks. But the scale of the opportunities is enormous, and the story seems almost tailor-made for this moment. Look, over time, I bet GE Vernova can continue to grind higher. Count me as a buyer for the trust.”
4. Palantir Technologies Inc. (NASDAQ:PLTR)
Number of Hedge Fund Holders In Q1 2025: 77
Palantir Technologies Inc. (NASDAQ:PLTR) is another frequently discussed stock on Jim Cramer’s morning show. Throughout the year, he has mostly remained optimistic about the company. As the year started, Cramer adamantly held the opinion that Palantir Technologies Inc. (NASDAQ:PLTR) could play a key role in the Trump administration’s bid to cut government spending. However, as time passed, Cramer wondered whether the firm could itself become a victim of cost-cutting. Cramer’s recent remarks about Palantir Technologies Inc. (NASDAQ:PLTR) pointed to its high Rule of 40 scores, which, as he has noted, is a rule of 80 instead. He has also wondered whether the shares can touch $200. This time around, Palantir Technologies Inc. (NASDAQ:PLTR) was at the center of Cramer’s trading strategy for 2025’s second half:
“Well I think a lot of things are going to be like the beginning. First half we had Palantir, I think’s gonna be up”
Earlier, Cramer discussed his thoughts about Palantir Technologies Inc. (NASDAQ:PLTR)’s future share price movement:
“We see Palantir, of course, the software company that brings costs down the moment you speak to them, is back on a roll after Friday’s rare decline, levitating 4%. When Palantir was at $50, I said it was going to a $100. When it hit $100, I said it’s going to $200. I’m sticking by my prediction… Unlike most of the people around here, the older people I talk to, I pass no judgment about these people. You know why? Because they are buying very good companies… These are top-notch businesses that might have gigantic earnings power someday.”
3. NRG Energy, Inc. (NYSE:NRG)
Number of Hedge Fund Holders In Q1 2025: 54
NRG Energy, Inc. (NYSE:NRG) is a large American energy company that produces electricity, trades in commodities, and conducts other operations. The shares have gained a massive 70% year-to-date, primarily on the back of a 31% jump in May ahead of which the stock had gained a considerably less 28%. NRG Energy, Inc. (NYSE:NRG)’s shares jumped in May after the firm’s first-quarter revenue and EPS beat analyst estimates and the firm announced a massive $12 billion deal to acquire power generation assets which led it to increase its long-term growth rate to 14% from 10%. For Cramer, NRG Energy, Inc. (NYSE:NRG) was part of his top stocks to watch for the second half due to growing power demand. His comments were brief:
“NRG will be up, you need a lot of power.”
Cramer mentioned NRG Energy, Inc. (NYSE:NRG)’s exposure to the technology industry in June. Here is what he said:
“Then there’s NRG. I mean, it’s part of a small group of utilities known for their relatively clean power, and a lot of tech companies want clean energy for their data centers. NRG works directly with them, and it also partners with GE Vernova, a Charitable Trust holding that makes the turbines for their power plants.”
2. Howmet Aerospace Inc. (NYSE:HWM)
Number of Hedge Fund Holders In Q1 2025: 56
Howmet Aerospace Inc. (NYSE:HWM) is an aerospace company that primarily sells equipment used to build aircraft and aircraft engines. Its shares have gained 62% year-to-date as the firm has benefited from strong demand due to the aerospace market being constrained because of Boeing’s production woes. Aircraft production is expected to grow in 2025, which has led Howmet Aerospace Inc. (NYSE:HWM) to increase its 2025 earnings outlook to $3.36 and $3.44 from an earlier $3.13 to $3.21. In his previous comments about Howmet Aerospace Inc. (NYSE:HWM), Cramer praised the firm’s performance. He maintained the view this time as well and made the stock a part of his list of firms to watch during the second half of 2025:
“Well I think a lot of things are going to be like the beginning. . .Howmet, how I met my mother, we call that. That’s aerospace. That’s doing well.
“I just think that we need to recognize that we are not in a Fed market, we’re in a market where people say, you know what. . .Uh, okay looks like the aerospace is doing well, oh okay, well. . .let’s buy Howmet.”
The CNBC host’s previous remarks about Howmet Aerospace Inc. (NYSE:HWM) praised the firm’s performance. Here’s what he said:
“But I’ll give you those but I’ll see you with how I met my mother, Howmet, another amazing quarter. A company basically set up by, do you remember who set it up? Elliot, remember this was a split up of Arconic. So we’ve got this curious mix of companies that are just doing really badly and then companies that are just surprising us.”
1. Seagate Technology Holdings plc (NASDAQ:STX)
Number of Hedge Fund Holders In Q1 2025: 55
Seagate Technology Holdings plc (NASDAQ:STX) is a computer hardware company that primarily makes and sells storage devices. Its shares have gained 75% year-to-date, primarily on the back of analyst bullishness about the demand for storage products. While most traditional enterprise computing infrastructure stocks have struggled as their products are not directly applicable to AI, storage firms like Seagate Technology Holdings plc (NASDAQ:STX) have benefited because AI computing requires companies to store copious amounts of data. The aggressive demand for storage products has also made Seagate Technology Holdings plc (NASDAQ:STX) one of Cramer’s top stocks for 2025:
“Well, I think a lot of things are going to be like the beginning. . . .Seagate, which is the company that people forgot that is back. Still low multiple.”
Earlier in the year, Cramer discussed buying Broadcom over Seagate Technology Holdings plc (NASDAQ:STX) instead:
“Alright, Seagate. Okay, now this is a very cheap stock, but cheap for a reason. It’s because the business is very cutthroat and I suggest that if you wanted to go in this business, you wanted to go into storage, I am going to send you honestly to Broadcom. I’d rather see them, they got storage too.”
While we acknowledge the potential of STX to grow, our conviction lies in the belief that some 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 STX and that has 100x upside potential, check out our report about this cheapest AI stock.
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