On Thursday, Mad Money host Jim Cramer noted that Wall Street’s unease is growing over the prolonged government shutdown and the increasingly unchecked expansion of artificial intelligence.
“We’ve been very dismissive of this government shutdown on Wall Street. You know why? Because we’ve been through so many of them. They usually mean nothing to the stock market. Well, it turns out this one is different… It’s taking too darn long. At this point, it doesn’t feel like a distraction anymore.”
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Cramer pointed out that the broader economy is now feeling the strain from both the drawn-out government shutdown and rising fears that AI could displace workers while pushing energy costs higher. He noted that the “data center economy” might need assistance from the government, help that may or may not be “forthcoming”. He noted that speculative, high-growth stocks have started to lose momentum. He added that the trend currently echoes “the bear’s melody.” He said that the downturn might ease in the coming days, but it could intensify before it improves.
“But the bottom line: What matters is we need the darn government to go back to work, and we need the data center blob to be cordoned off from the rest of the economy, and we need some of the hottest stocks to continue to cool off further. Until then, we are indeed at the mercy of the headlines and, lately, the darned negative headlines are the only ones that anyone’s paying attention to.”
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For this article, we compiled a list of 7 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on November 6. 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 Discussed These 7 Stocks
7. The TJX Companies, Inc. (NYSE:TJX)
Number of Hedge Fund Holders: 73
The TJX Companies, Inc. (NYSE:TJX) is one of the stocks Jim Cramer recently discussed. During the lightning round, a caller asked if they should be getting concerned about the stock, and Cramer replied:
“No, no… I was just there yesterday. TJX is really, really strong. It’s what works in a bad market, and… right now, we got a bad one. I say own TJX, not sell it.”
The TJX Companies, Inc. (NYSE:TJX) is an off-price retailer that provides apparel, footwear, accessories, and home fashion products, including furniture, decor, and cookware, along with pet, gourmet, and seasonal merchandise. Cramer discussed the company during the September 10 episode and said:
“Which represents the best value? Given that these are retailers, why don’t we start with the same store sales? That is the key retail metric… TJX… led the way. First half same store sales growth of 4%, which is really miraculous… As club members know well, we own it for the Charitable Trust. But with accelerating revenue growth in all four of its divisions along with healthy gross margin expansion, it is easy to see why the stock’s traded up after earnings…
Now that we know how all three off-price apparel companies are doing, what about paying for numbers?…
Alright, in terms of cheapness, Ross Stores leads the way, trading just 22 times next year’s earnings estimates. That is very cheap, much cheaper than Burlington at 25 and then TJX at roughly 28 times next year’s numbers… TJX is… truly expensive, 2.7, but there’s a reason. TJX investors are willing to pay up for quality. TJX is the highest quality operator in this space. I gotta tell you, I have liked this story literally since 1987… TJX repurchased $1.1 billion worth their own shares in the first quarter, followed by another $500 million in buybacks in the second. Management says they expect to repurchase somewhere between 2 to $2.5 billion worth of stock for the current fiscal year. That’s not too shabby…
Subjective, but arguably the most important differentiator. Here, I gotta give the edge again to TJX. Again, that won’t surprise people… This is a key reason that TJX has had the strongest same-store sales performance so far this year and why they’re able to offer what people call the treasure hunt experience that I know I love; they have the best merchandise. It’s why I always urge club members to buy some more TJX whenever it’s down and to go to TJX, so you know why I like it so much.”
6. Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY)
Number of Hedge Fund Holders: 42
Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) is one of the stocks Jim Cramer recently discussed. Regarding the stock, a caller asked if it is a bear market trap or if it has the potential to become a multibagger within the next 18 months. In response, Cramer said:
“Wow. Holy cow. Jeez, that stock is so, so low. You know, look… [it] reconfigured when private thing came public, I have to do work on it. I cannot be so cavalier as to say not to worry about it. I got to do homework, it’s too difficult a situation for me to say, yeah, I bless it.”
Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) operates entertainment and dining venues that include food, drinks, and interactive games for adults and families. Patient Capital Management stated the following regarding Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) in its Q1 2025 investor letter:
“Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) trended lower over the first quarter as the market continued to worry about revenue visibility. The company had a disappointing 2024, culminating in the abrupt departure of then-CEO Chris Morris. Founded in 1982 in Dallas, Texas, the company has expanded to over 200 venues in North America across two brands (Dave & Busters, and Main Event). The company is in the middle of a multi-year transformation focused on reinvigorating growth through store remodels, store expansions, and technology upgrades while enhancing margins through cost optimizations and synergies. Despite the efforts, the results haven’t yet materialized in the numbers as the challenging macro environment continues to weigh on consumer expenditures. In the meantime, an activist, Hill Path Capital, has built up a position in the company and taken two board seats. With the Chairman of the Board stepping in as CEO, we are already starting to see improved results with the focus on a back-to-basics strategy delivering better than expected results in March and April. While the timing of business model inflection remains uncertain, what’s clear is the stock is trading at an all-time low valuation of 6.8x forward earnings. As the company works to improve its operations, they’ve been actively returning cash to shareholders through buybacks, repurchasing 12% of shares outstanding over the last 12 months.”
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