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.”
Our Methodology
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.”
5. Haleon plc (NYSE:HLN)
Number of Hedge Fund Holders: 21
Haleon plc (NYSE:HLN) is one of the stocks Jim Cramer recently discussed. Cramer highlighted the stock’s struggles, as he commented:
“With Kimberly-Clark shelling out nearly $49 billion to buy Kenvue, which was originally J&J’s over-the-counter medicine business, I think it’s time to check in with Haleon, the former consumer business of GlaxoSmithKline and Pfizer… Oh, they’ve got a ton of big brands, and you know them all: Advil, Sensodyne, Theraflu, among many others. But the stock’s been struggling, pulling back from the north of $11 in June to $9 and change as of today. Hey, late last week, Haleon reported, and the results were generally in line with expectations, a slightly better-than-expected 3.4% organic revenue growth. The company seems to be in a tough space in North America… but they’ve got terrific growth, Latin America, I like India, really some great overseas.”
Haleon plc (NYSE:HLN) develops consumer healthcare products across oral care, pain relief, respiratory, digestive health, and supplements.
4. DraftKings Inc. (NASDAQ:DKNG)
Number of Hedge Fund Holders: 66
DraftKings Inc. (NASDAQ:DKNG) is one of the stocks Jim Cramer recently discussed. Cramer discussed the company’s unsatisfactory results, as he said:
“What’s happening after the close with the stock of DraftKings? The company’s been having a tough year thanks to a series of adverse NFL outcomes, some rising competition from the predictions market. They get a little muddier when they reported tonight. Now, DraftKings delivered a pretty sizable revenue miss, a larger-than-expected loss for the third quarter… At the same time, management also slashed full-year forecast for both revenue and earnings before interest, taxes, depreciation, and amortization. It looks rough, but I gotta get to the bottom of this because I’ve been recommending this stock because I think that this is the best company in gambling… I believe that this… [is] the only company I want to bet in the industry.”
DraftKings Inc. (NASDAQ:DKNG) is a digital sports entertainment and gaming company that provides online sports betting, daily fantasy sports, and iGaming products such as blackjack, roulette, and slots.
3. Palo Alto Networks, Inc. (NASDAQ:PANW)
Number of Hedge Fund Holders: 77
Palo Alto Networks, Inc. (NASDAQ:PANW) is one of the stocks Jim Cramer recently discussed. When a caller mentioned that they wish to buy more of the stock after seeing CRWD’s performance, Cramer said:
“Look, I think it’s good. I’m certainly not going to fight that. The stock is not that down from its high versus a lot of others. But I think that the, let’s say, the secular bull case for cybersecurity has never been better. And I love Nikesh’s acquisition of CyberArk. That is just sensational.”
Palo Alto Networks, Inc. (NASDAQ:PANW) provides cybersecurity solutions, including network, cloud, and AI-driven security. The company’s solutions include virtual firewalls, threat intelligence, and professional and support services. During the September 4 episode, Cramer discussed the stock’s “wild ride.” He remarked:
“Let’s talk about Palo Alto Networks’ wild ride. This cybersecurity kingpin is a long-time holding for the Charitable Trust, and it has been a huge winner for the CNBC Investing Club. But late July, the stock got clobbered… about its $25 billion plan to acquire CyberArk, another heavy hitter that’s all about protecting so-called administrator accounts, the top target for hackers. Wall Street was worried that this deal was a colossal overpay meant to cover up some sort of slowdown in the core business. Uh-uh, that isn’t what we thought. We have always loved CyberArk, so I didn’t get… negativity. But when Palo Alto reported its most recent quarter in mid-August, well, the company shot the lights out. The stock jumped 9%. I think it can keep climbing…”
2. Robinhood Markets, Inc. (NASDAQ:HOOD)
Number of Hedge Fund Holders: 85
Robinhood Markets, Inc. (NASDAQ:HOOD) is one of the stocks Jim Cramer recently discussed. Cramer noted the market’s reaction to the company’s earnings report, as he stated:
“Today, we had a host of stocks that would’ve been unchanged or gone higher even if we weren’t in this funk. Robin is a good example, reported this very morning, quarter looked darn good, and the market didn’t care for it at all… It’s like a switch has been flipped, and if the stock’s highly valued like Palantir or Robinhood, then there’s nothing it can do to satisfy Wall Street right now.”
Robinhood Markets, Inc. (NASDAQ:HOOD) operates a financial services platform that provides trading in stocks, ETFs, options, gold, and cryptocurrencies. Cramer mentioned the company during the October 1 episode and said:
“Robinhood, this has been a relentless performer in 2025. It pulled away from the pack by becoming the young person’s brokerage house. I wrote How to Make Money in Any Market… largely to help the boomers and their children handle the ongoing $100 trillion wealth transfer from one generation to the next. I don’t know, my work says that neither group really seems to know how to handle a handoff, so it was worth it to do this.
Robinhood’s been the most forward in its appeal to those who want to own pretty much anything, especially crypto. While other firms turned up their noses at crypto, Robinhood made this class of assets a central portion of its business. So smart. They may have created a lifelong affinity from that. You can only congratulate them for a job well done. That app itself may be a cheap selling point for the younger generation at this point. No wonder it rallied almost 53% for the third quarter. It’s been a remarkable performer.”
1. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders: 235
NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer recently discussed. Cramer discussed the block White House put on the company regarding selling chips to China. He commented:
“… The White House has decided to block the largest company on earth, NVIDIA, from selling its most sophisticated semiconductors to China. I know China isn’t in the numbers, but some were disappointed, including me. I can’t blame anyone for selling. We didn’t. Palantir and NVIDIA are the faces of this bull market, though, and now they’ve been defaced.”
NVIDIA Corporation (NASDAQ:NVDA) designs computing infrastructure spanning graphics, AI, and data center platforms, and serves gaming, enterprise, and automotive markets. Cramer discussed the company’s stock during the November 3 episode, as he remarked:
“How do you play it? Okay, look, the most obvious answer is the same thing I’ve been saying for years. You just buy the stock of Nvidia. The lion’s share of the spending bonanza will go to hardware. Last week, Nvidia held a very bullish GTC event in Washington, DC, where CEO Jensen Huang said he has ‘visibility into a more than half a trillion dollars’ cumulative revenue from the company’s current AI chips.
That’s the next generation Vera Rubin chips and all the associated networking equipment. There’s a reason Nvidia shot up nearly 9% last week and rallied another 2% today, and that’s without any hope of Chinese sales, which were never in the numbers anyway… Obviously, these huge spending plans are great news for Nvidia and its fellow suppliers of data center equipment.”
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