In this piece, we will look at the stocks Jim Cramer recently discussed.
In his recent appearance on CNBC’s Squawk on the Street, Jim Cramer found his love for Magnificent 7 stocks once again. He had grown disillusioned with them after the DeepSeek and tariff turmoil, as in a late April appearance, the CNBC TV host had renamed the stocks. “Yeah that’s gone. Yeah I don’t know it’s not like the Mag 7. . .no we’re done with that, Mag 7, whole thing. Now it’s the Wild Bunch. . . we’re switching, it’s no more, I mean honestly, Wild Bunch was actually a better movie,” he’d said.
This time around, Cramer returned to the Magnificent 7 moniker. “But let me come back with a new thesis. We found out why we liked the Magnificent 7 last night. They do well when things aren’t good. And there’s been a lot of periods where things aren’t good. Suddenly they do well!” according to him.
Cramer also sarcastically commented on President Trump attributing weak economic growth to President Biden. “Does he like Joe Biden?” said Cramer. What was interesting was he said yesterday was Biden’s market. He caught the opening but he didn’t get the close,” he added.
The conversation then shifted to Elon Musk and DOGE. Musk had announced last month that he would spend more time at his car company. Cramer, for his part, wondered why Musk didn’t “go after the Pentagon, Social Security, and Medicare. Why didn’t he go, where was the trillion dollars? What happened to the trillion dollars we were going to save?”
With the latest US weekly jobless claims surging to 241,000, Cramer agreed with BofA’s assessment, which called them a DC recession due to the Trump administration’s layoffs. “Absolutely. And I think that’s right. I’m not hearing anybody, in any of these other companies, [inaudible] listen, we’re gonna have to lay people off,” he outlined.
One interesting material that’s caught Cramer’s attention, which he believes could become a key point between the US and China’s trade relations, is ethane. Commenting on the hydrocarbon, he stated:
“[R]emember when, the future’s plastics? Right, well, they don’t have ethane in China. We have the ethane, they had a tariff on ethane, they took it away . . .yeah but lookout.”
“It’s an emergency move to be able to make things out of, ethane is David a building block, and we have it, they don’t.”
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 May 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. CoreWeave, Inc. (NASDAQ:CRWV)
Number of Hedge Fund Holders In Q4 2024: N/A
CoreWeave, Inc. (NASDAQ:CRWV) is a data center hosting services provider that allows firms to use GPUs and other equipment for AI and other workloads. Since its IPO in March, the shares have gained 10% but they have lost 28% since the Liberation Day tariffs announcement. In his previous comments about CoreWeave, Inc. (NASDAQ:CRWV), Cramer said that he “likes” the stock. Here are his latest thoughts:
“Well how about the fact that Jensen Huang said the whole time they’re buying, they’re ordering, they’re ordering, and people didn’t care what Jensen’s saying. He was out of favor. And then Michael Intrator comes in and says they’re ordering, they’re ordering, what journalist had decided to sabotage this thesis?”
“This just might be their time. Because if they’re short in data space. . .you go to CoreWeave. Michael Intrator.”
10. Harley-Davidson, Inc. (NYSE:HOG)
Number of Hedge Fund Holders In Q4 2024: 23
Harley-Davidson, Inc. (NYSE:HOG) is an iconic American motorcycle manufacturer. Its products mean that the firm operates in a highly cyclical business, which does well in a robust economy. Harley-Davidson, Inc. (NYSE:HOG)’s shares have lost 21% year-to-date and are down by 9.9% since the tariff announcement in April. In his earlier remarks, Cramer has wondered if the stock could bounce back. Here are his latest comments:
“HOG is just terrible. Jeez the sales are bad there.”
9. Hasbro, Inc. (NASDAQ:HAS)
Number of Hedge Fund Holders In Q4 2024: 39
Hasbro, Inc. (NASDAQ:HAS) is one of the most iconic and well-known American toy companies. Its shares are up by 7.6% year-to-date after having successfully navigated through a 19% post-Liberation Day drop. Hasbro, Inc. (NASDAQ:HAS)’s stock jumped by 14.5% in April after the firm’s Q1 earnings and revenue beat estimates. However, Cramer is worried about its exposure to China. He commented on the firm’s efforts to diversify the supply chain:
“Look, I’ve got Hasbro tonight. And they’ve got huge, I mean toys are made in China, we don’t really have, David, what’s called a supply chain, to make a toy here.”
“Chris Cox is probably maybe in the, I don’t know, top 20, of trying to re-source things. A lot of plastic, they make board games up in Massachusetts, but they don’t make a lot of plastic there. That’s all China, it’s all supply chain. It’s hard to get rid of.”
8. Tractor Supply Company (NASDAQ:TSCO)
Number of Hedge Fund Holders In Q4 2024: 40
Tractor Supply Company (NASDAQ:TSCO) sells agricultural, animal health, merchandise, and other products. The shares sank by 11.5% in April and have yet to fully recover. The stock has suffered due to the impact of the tariffs, raising the firm’s product costs. Cramer also commented on the exposure:
“Like I have Tractor Supply tonight, and Hal Lawton’s talking about it, they have a lot of stuff that is made from overseas.”
7. Shake Shack Inc. (NYSE:SHAK)
Number of Hedge Fund Holders In Q4 2024: 43
Shake Shack Inc. (NYSE:SHAK) is a fast food chain that sells burgers, fries, and other items. Its shares have lost 33% year-to-date, with the only tailwinds coming in February when the shares gained 11%. In his previous comments about Shake Shack Inc. (NYSE:SHAK), Cramer commented that while he likes the firm’s CEO, he would wait for earnings to stabilize. Here are his recent thoughts:
“But I will say this. We have a new theme going on here. And the theme is, if we thought it was going to be bad, and it’s bad, we buy. Shake-Shack, down six. Well we knew it was gonna be bad. Will you give me a break? Now it’s up.”
6. Ford Motor Company (NYSE:F)
Number of Hedge Fund Holders In Q4 2024: 45
Ford Motor Company (NYSE:F) is one of the more frequent appearances on Cramer’s morning shows. Most of his appearances in 2025 have focused either on the firm’s warranty costs, its valuation, or exposure to tariff-induced supply chain disruptions. This time around, he wondered whether Ford Motor Company (NYSE:F) is in an advantageous position compared to rival General Motors:
“You know, listen, Phil, you had an amazing interview with Mary Barra, I’ve got to ask you, it looks like that Ford has an edge on GM. When it comes to what’s going on. In terms of tariffs. Because I think that Jim Farley for whatever reason makes much more in pure America than GM does. [Phil agreed]”
5. Domino’s Pizza, Inc. (NASDAQ:DPZ)
Number of Hedge Fund Holders In Q4 2024: 46
Domino’s Pizza, Inc. (NASDAQ:DPZ) is one of the largest pizza chains in America. Its shares are up by 10.7% year-to-date as the firm has benefited from strong sales numbers. In his previous comment about Domino’s Pizza, Inc. (NASDAQ:DPZ), Cramer appreciated the firm’s marketing and its technology. This time around, he remarked on Warren Buffett taking a stake in the firm:
“Russell Weiner said do you know that Warren Buffett is now my second largest shareholder? And that’s Dominos. And he said I don’t speak to him but it is, and I said well I don’t know, maybe it’s possible that he’s not, that he, but I went to Becky Quick, because Becky can ask him. But what an [inaudible] if you find out that he is your second-largest shareholder.”
4. Carrier Global Corporation (NYSE:CARR)
Number of Hedge Fund Holders In Q4 2024: 49
Carrier Global Corporation (NYSE:CARR) is a construction products firm that sells ventilation systems and other associated equipment. As a result, the stock depends on overall construction activity and economic performance. Carrier Global Corporation (NYSE:CARR)’s shares are up by 2% year-to-date primarily on the back of a massive 11.6% jump in May. The stock soared after the firm’s strong earnings report. Here’s what Cramer had to say:
“See that behind me? Carrier, that was good. . . it had Carrier a second ago. Yeah, David Gitlin did a really good job, a lot of people were doubting. Forget that, it’s the doubters are being silenced today.”
3. Becton, Dickinson and Company (NYSE:BDX)
Number of Hedge Fund Holders In Q4 2024: 56
Becton, Dickinson and Company (NYSE:BDX) is a healthcare firm that sells catheters, IV connectors, and other associated products. Its shares are down by 25% year-to-date primarily due to a massive 18% drop in May. Becton, Dickinson and Company (NYSE:BDX)’s shares sank after the firm cut its full-year profit guidance due to tariff constraints. Here’s what Cramer said as the shares sank:
“We talk a lot about the good ones. Becton Dickinson today, this is . . .a company I thought was a pretty simple company. They make a lot of different parts, you go to their catalogue for med devices. I know that Starboard had a stake. . .maybe you could get a hold of them . . .but this is a terrible, terrible quarter. And I’m kind of shocked. This was a blocking and tackling business. And it’s almost like it’s falling apart. I don’t know. I’m trying to find out more about it. This is a really bad miss. And I’m quite surprised. When it was 230, 240, I thought it had a real shot to go much higher. And it’s just not good at all.”
2. Howmet Aerospace Inc. (NYSE:HWM)
Number of Hedge Fund Holders In Q4 2024: 58
Howmet Aerospace Inc. (NYSE:HWM) is an aerospace company that makes and sells engine components, bearings, and other equipment. Over the year, the shares are up by 92% as the firm has benefited from booming refurbishment demand in the wake of Boeing’s production woes. Cramer’s previous remarks about Howmet Aerospace Inc. (NYSE:HWM) have called the firm a part of an aerospace bull market. Here are his latest thoughts:
“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. Cencora, Inc. (NYSE:COR)
Number of Hedge Fund Holders In Q4 2024: 58
Cencora, Inc. (NYSE:COR) is one of the biggest pharmaceutical retailers in America. Its shares have gained 29% year-to-date primarily due to the defensive nature of the business, its exposure to the American market which hedges against tariffs, and troubles for peer firm Walgreens. Cramer’s previous remarks about Cencora, Inc. (NYSE:COR) have called the firm a “money machine” no matter what the circumstances are. This time around, he was amazed that people had doubted Cencora, Inc. (NYSE:COR):
“There were people who were doubting, doubting, you know the middle company like. . .Cencora. . .”
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