On Wednesday’s episode of Mad Money, host Jim Cramer shared his frustration with the current state of the market and said that it is deeply confusing for investors.
“This market is driving the best investors I know crazy, and I know why: incredibly expensive stocks that shouldn’t go up, go up endlessly, while stocks of perfectly good companies are completely ignored or worse, even when they report good numbers, well, they go lower.”
READ ALSO: Jim Cramer Put These 13 Stocks Under the Spotlight and Jim Cramer Commented on Magnificent Seven Stocks.
Cramer highlighted a troubling pattern where highly shorted stocks suddenly spike on the slightest bit of good news, which catches short sellers off guard and forces them to cover in a frenzy. Meanwhile, stocks that react negatively to any headline or development are quickly abandoned by investors.
Cramer explained that the inconsistency is not limited to any one sector or group of companies. Instead, he pointed out that market movement now seems driven by individual stocks following strange, erratic narratives that bear little resemblance to anything he has ever witnessed.
“So here’s the bottom line: In this market, haters gonna hate, okay? And when they hate and they’re wrong, they turn into buyers. And lovers, they just keep buying. And when there’s nothing happening, even if the stock is dirt cheap? Who cares? In this market, the answer is nobody.”
Our Methodology
For this article, we compiled a list of 13 stocks that were discussed by Jim Cramer during the episodes of Mad Money aired on August 6. 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).
Jim Cramer Recently Shed Light on These 13 Stocks
13. Starbucks Corporation (NASDAQ:SBUX)
Number of Hedge Fund Holders: 70
Starbucks Corporation (NASDAQ:SBUX) is one of the stocks Jim Cramer recently shed light on. Cramer mentioned the stock during the episode and said:
“HundredX has pointed out a host of things that’ve helped me. How about this one? When I get my Starbucks caramel latte, my request, in four minutes, that used to be much longer, much, much longer, until recently. HundredX tells me that I’m not alone. They’re starting to see something similar among Starbucks customers that they canvass. I like that. Any confirmation that makes my anecdotal thinking feel like the empirical one is good for my Charitable Trust position, and I just told club members to buy some more. It makes me want to buy even more when I think about it.”
Starbucks Corporation (NASDAQ:SBUX) roasts, markets, and sells coffee, tea, and food products through company-operated and licensed locations. The company provides beverages and branded products under names like Starbucks Coffee, Teavana, and Seattle’s Best Coffee.
12. Reddit, Inc. (NYSE:RDDT)
Number of Hedge Fund Holders: 72
Reddit, Inc. (NYSE:RDDT) is one of the stocks Jim Cramer recently shed light on. Cramer called the company’s platform “a terrific product,” as he said:
“Let me start with Reddit. I use Reddit pretty aggressively. It’s a terrific product. My wife uses it to sell… her mezcal brand because Reddit has an entire mezcal forum. So I like it. The advertiser likes it. That’s where I start. I then try to find out what other people… whether they feel like I do. Rob (Rob Pace, founder and CEO of HundredX) has told me that Reddit customers are planning to increase future use because people love crowdsourced information, seems to be able to be independent… Reddit demonstrates the increasing value of human intelligence, increasing value of human intelligence, I like that. In fact, he’s betting that as the future of search evolves from finding things to figuring things out, Reddit could be a major winner. Now you take your own use as I have… You then take data from HundredX to see if your experience lines up with reality. Only then you go to the web, you look up articles, check out websites to see things like the piece we ran on Reddit a couple of days ago, which said it was great to buy. Wow, that’s been terrific. To me, that produced a terrific, really special reason to buy the stock, and I’m sticking with it. I just wish I had bought it for my Charitable Trust when I first got the hunch, but I hadn’t done the homework. Can’t jump that.”
Reddit, Inc. (NYSE:RDDT) operates an online platform where users join interest-based communities to share content, exchange ideas, and engage in discussions.
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