During the most recent episode of Mad Money, Jim Cramer shared his thoughts on several key events, including a wave of upcoming Q1 2025 earnings and, more critically, Friday’s all-important payroll report:
“Then Friday, of course, is where we need a Goldilocks labor report. I got to tell you, there is one scenario where it won’t hurt us. Okay? No job growth and no wage growth. Can you believe it? That’s what I’m rooting for. The crazy thing about this whole week is that if we actually get that number, this market could rally so hard that it could make up for any previous losses and we could have a continuation of the great month of May. No job growth and no jobs. That’s something to root for, ain’t it?”
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In addition to the macro setup, Cramer wrapped up his multi-part series on beaten-down retailers, with a particular focus on the unpredictable world of teen apparel. He broke down which companies might still have room to run and which ones are likely to keep sinking:
“It’s time to wrap up our series on fallen retail angels, the stocks and companies you know and haven’t loved, at least not lately. […] Now, let’s take on the last of the fallen Abercombie & Fitch and American Eagle Outfitters. I want to start off by saying that these are both known as teen retailers. Even as Abercrombie has been chasing after its customers as they age, maybe to those as ancient as 40 years old. That’s good because teens are notoriously fickle which makes them very difficult to bet. Hence why these two socks are total sink or swim. Sometimes they’re sink AND swim. […] Bottom line, I want you to limit your downside with these teen retailers. You never know when a company like this may go from sink and swim to just plain sync, at least for the next quarter.”
Finally, Cramer pushed back hard on the idea that AI spending is nearing a peak. Drawing on commentary from Nvidia CEO Jensen Huang, he made the case that we’re still in the early innings, arguing that massive increases in compute power and competition among leading AI platforms will continue to drive investment across the sector:
“We keep hearing that spending on artificial intelligence will peak soon. Doubters never stop. […] [Jensen Huang, CEO of Nvidia] says that we need a thousand times more computing power than we have now. I think that means we’re nowhere near the peak in AI. Why the heck do we need so much compute power? Several reasons. First, there are a bunch of these generative AI platforms. ChatGPT, Anthropic, Perplexity, Claude, Gemini, Metai, Grok to name a handful. They’re all out to prove they’re the best because if any of them becomes the default agentic, they’ll own the market. To win though they have to have differentiation. So they’re all fighting for personality, or they risk irrelevancy.”
Our Methodology
For this article, we compiled a list of 15 stocks that were discussed by Jim Cramer during the episode of Mad Money which aired on May 30. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the first quarter of 2025, which was taken from Insider Monkey’s database of 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).
15. Uber Technologies, Inc. (NYSE:UBER)
Number of Hedge Fund Holders: 145
A viewer called in with a bullish thesis on Uber Technologies, Inc. (NYSE:UBER), suggesting that rising vehicle prices due to tariffs could drive more demand for rideshare services. Here’s what Cramer replied with:
“All right, here’s my deal. Lewis, I’ve got to tell you, David Faber talked about this today. You know, David Faber killed it when he was interviewing Elon Musk and there was this thing underneath his picture that said Tesla’s not going to buy Uber. I say you buy Uber. I think Uber is at the right level. It’s down huge since that interview. Buy buy buy.”
Uber Technologies, Inc. (NYSE:UBER) operates a global platform for ride-sharing, food delivery (Uber Eats), and freight logistics, with growing exposure to autonomous vehicle partnerships. Optimist Fund stated the following regarding the company in its Q1 2025 investor letter:
“Uber Technologies, Inc. (NYSE:UBER) – Uber posted its strongest quarter yet, with gross bookings rising 18% year-over-year to $44.2 billion and revenue growing 20% to $12.0 billion. Adjusted EBITDA jumped 44% to $1.8 billion, fueled by record demand across both Mobility and Delivery, while free cash flow reached $1.7 billion. Exceeding its three-year financial targets, the company heads into 2025 with accelerating momentum and emerging upside from autonomous vehicles. Uber’s growing free cash flow profile is attracting broader investor attention—including a recent investment from renowned value investor Bill Ackman. Our investment thesis remains intact.”
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