In this piece, we will look at the stocks Jim Cramer recently discussed.
In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer discussed market focus on the Federal Reserve, its governing members, and potential interest rate cuts. Cramer believes that investors are focusing too much on the Fed as he commented:
“Well, I think one of the things that we have to get away from is talking about the Fed. . . we have a jailbreak going on, it’s one of the most amazing things I’ve ever seen. This is not led by tech, although some of the semis might. It’s led by financials, industrials, some of the data centers, you hear that from Safra [Oracle CEO], but it’s a very diversified with the exception of the Proctors and PepsiCos. Very diversified rally, of which I could argue that JPM is more important than Apple. I could argue that what matters more is tariffs, although it’s a little opaque. But the obsession with what the Fed’s going to do has cost you a lot of money, because it’s kept you out of the market. You want to stay out of the market, you got to be in the market big. Retail’s been in the market big.”
Discussing a handful of stocks, Cramer differentiated between individual and institutional investors and outlined the strategies that both have relied on:
“Individuals focused on whether I can sell Apple. That NVIDIA broke out, was I in there. The individual’s focused on what’s hot but also staying in, not wanting to be part of the eight days what we know from Ken Langone told me, where most of the action is. Uh, the institutions are focused on what the Fed’s going to do. Frankly, the individuals don’t even know what the Fed is. But, we have to give the individual credit, because the individual’s buying Alphabet at 176.”
After co-host David Faber asked Cramer what he would do in the second half when it comes to trading stocks, the CNBC host replied:
“What companies are doing well? It’s a throwback to the 90s, David. . . .what I’m saying is the idea we’re supposed to think about getting out of stocks if the Fed’s going to ease or not ease enough instead of looking at companies that are doing well and buying them”
Cramer also commented on President Trump’s announcement regarding the resolution of TikTok’s ownership crisis. He believes that the resolution depends on the US-China trade negotiations:
“My thinking is it’s contingent on the tariff negotiation with China. Which therefore means that these rich people who’ve been assembled, do they understand that they are now part of the gambit?”
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 June 30th.
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).
16. Oracle Corporation (NYSE:ORCL)
Number of Hedge Fund Holders In Q1 2025: 97
Oracle Corporation (NYSE:ORCL) is a hardware and software computing resources provider. The firm enables businesses to conduct their daily operations through its software, and it also provides hardware computing resources to the AI industry. Oracle Corporation (NYSE:ORCL)’s shares jumped by 3.9% on Monday after the firm announced a major cloud contract through an SEC filing. Cramer commented on the development:
“So Safra Catz this morning, the CEO of Oracle, comes out this morning and says things are even better than you think. So here’s a stock that is up 14, that’s not trading with the Fed, that’s trading with Oracle having a new business model from 110 to 223. That’s of great interest to many of our viewers because they made a lot of money.
“[On a recent 8K filing] Well what it says is again, the data center is alive and well and you’re gonna see all the data centers stocks keep going up. Okay so this is a secular trend, that is so important that again if we decide you can’t buy it cause of tariffs, July 9th, then you miss a very huge gain. I would say, that’s new information. I don’t know who it is. David, for all I know it’s a private equity company [a new client].
“[On how the 8K came with a disclosure that the contract it mentioned won’t affect the firm’s guidance provided on June 11th] Well that’s what matters. . . that’s not good. People are going nuts for something they shouldn’t be. It should be no different today. . .”
Cramer also discussed the stock later in the day. Here’s what he said on Mad Money:
“Right now, for example, we’re seeing billions of dollars worth of orders for data centers to be built by Oracle. We already knew that Oracle was doing well, but it just put out a press release today, saying it’s doing even better. So what happens? The stock goes from $118 to $218… in a couple of months’ time, then it keeps going higher. What matters is that the fundamentals are terrific, and as long as they stay terrific, well, the younger people would keep buying the stock.”
15. Circle Internet Group (NYSE:CRCL)
Number of Hedge Fund Holders In Q1 2025: N/A
Circle Internet Group (NYSE:CRCL) is a stablecoin company that is one of the latest listings on the stock market. Since the shares became available for trading, they have gained 131%. Circle Internet Group (NYSE:CRCL)’s shares have benefited from the fact that investors are enthusiastic about stablecoin acceptance after fresh legislation. Cramer has maintained that the stock might be overvalued. He shared his thoughts in detail:
“Is Circle worth 80? Is Circle worth 100?. . .If you think Circle is going to be the stablecoin, then I think you want to take a hard look at it, maybe there are others, maybe it’s going to be SoFi.”
“The key to Circle, it’s the crypto ecosystem, but it’s really the focus is on stabecoin. Because right now we have Tether and that’s a little sketchy. That’s a non-sketchy stablecoin. But what I think is interesting David, and if I were to tell you, that JPMorgan on the upper left were to start this with an Underweight, ‘outside our comfort zone, sell,’ by JPMorgan. Price target of 80. Now Goldman Sachs on the other hand has a Hold, price target of 83. With a Hold. These are the underwriters. So you and I know that this is a period that is very similar to another era that we are very familiar with. And, this is, you’re trying to figure out whether it’s 1998, 1995. But David, this stock is at 181 and the firm that brought it public, says it should be at 80!”
Earlier, Cramer described Circle Internet Group (NYSE:CRCL)’s performance as one of the most bullish things he’s ever seen:
“Look can I just say that these are some of the most bullish things I’ve seen in my career? . . . . That this Circle just keeps being bought, that Palantir keeps being bought. That a Broadcom is going, that Goldman is going. . .”
14. The Home Depot, Inc. (NYSE:HD)
Number of Hedge Fund Holders In Q1 2025: 102
The Home Depot, Inc. (NYSE:HD) is a frequent appearance on Cramer’s morning show. Cramer is generally optimistic about the firm and has praised its business model in earlier appearances. The CNBC host has also bemoaned the impact of high interest rates on the gardening market which led The Home Depot, Inc. (NYSE:HD) to miss out on some very important gardening season spending this spring. His latest comments revolved around the firm’s announcement of a building products firm for a $4.3 billion price tag:
“Home Depot’s been on a buying spree. They bought SRS, they bought GMS. Should we be thinking about what Home Depot’s going to do?”
“My charitable trust owns Home Depot. I wish they hadn’t done it.”
Earlier, Cramer commented on the broader headwinds that The Home Depot, Inc. (NYSE:HD) is facing:
“Next up, retail. Oh man, it’s all over the map, but for the most part, the stocks are awful. Kohl’s looks so troubled. Macy’s can’t get out of its own way, closeout stores Ollie’s just downgraded. Burlington, Ross, TJX, all trading terribly. Target’s been clobbered. Home Depot, ouch. I like it, but it’s very, very hard to own with such a horrendous housing market and a miserable garden season. If you want to own Home Depot, you have to hold your nose and buy it in anticipation of the rate cuts from the Fed. That’s what we’re doing for the Charitable Trust, but it’s a struggle…. We are sticking with it.”
13. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders In Q1 2025: 328
Amazon.com, Inc. (NASDAQ:AMZN) is one of the largest eCommerce companies in the world. It is also a key player in the cloud computing market which has allowed it to establish a stronghold for itself in the AI industry. Amazon.com, Inc. (NASDAQ:AMZN) is one of the few firms in the world that has access to a foundational AI model and develops its own chips. Cramer’s recent remarks about the firm have revolved around its Alexa assistant and he kept at it this time around as well:
“I have Amazon tonight,I mean she was trying to take these Prometheuses and bound them. And when Prometheus is unbound, it’s great for the consumer. Though I am reading a story in Reuters, US prices for China-made goods on Amazon rise faster than inflation. I don’t know. I’m stuck on trying to find out whether Amazon’s an inflation fighter or. . .
“I mean look, Amazon is coming in. Why does Andy Jassy want to talk to me? A host of reasons. But the Alexa Plus which I’ve seen, Alexa Plus is the next level. Alexa Plus is what Jensen Huang would say is one day will be able to reason. Alexa Plus can reason with you. And I think that’s very important. It’s no longer a dumb machine. It’s now a smart machine. And I can tell Alexa Plus, what am doing at 12 o’ clock? Oh my, I’ve got two things scheduled. And, Alexa please take care of that, get me out of the 12 call I have with so and so. I think that this is the next frontier. And it’s really important.”
The CNBC host discussed Alexa’s expected improvements in his recent remarks as well. Here’s what he said:
“I don’t think people realize what’s coming. Which is that right now, Alexa’s getting an upgrade and it’s a digital assistant and it’s gonna help you more. And it might be able to turn on your coffee maker, okay. The robot, will say, Mr. Cramer, because I prefer that, Mr. Cramer, how much cream you want today, and I’ll say no I gained a pound yesterday can I switch to skimmed. And it’ll be like, no problem, Mr. Cramer. The thing will be so subservient, it’s really kind of crazy. By the way this is true what I’m saying. I saw one of these at the conference.”
12. Meta Platforms, Inc. (NASDAQ:META)
Number of Hedge Fund Holders In Q1 2025: 273
Meta Platforms, Inc. (NASDAQ:META) is another frequently discussed stock in Cramer’s morning show. Cramer’s recent remarks about the firm have focused on its AI efforts. He has repeatedly asserted that Meta Platforms, Inc. (NASDAQ:META)’s AI platform is among the weakest in the market and is good for a few tasks, if any. Cramer has also maintained that the firm’s share price gains in 2025 are primarily due to the shifting trends in the advertising market and cost efficiencies at the firm. Here are his latest thoughts:
“I have a good relationship with the firm. And my feeling is, they are, you know it’s a large position in my trust, because to me it’s a lower valuation with a guy who understands. . . .
“But look what I think what matters here is this that he [Zuckerberg] is all in in, maybe Grok. He, look all these Groks, the Meta AI, they’re all in a race.”
Previously, Cramer commented on Meta Platforms, Inc. (NASDAQ:META)’s reshaping of its AI team:
“[On Zuckerberg assembling a team of experts to achieve AGI] Maybe he recognizes that Meta AI is the worst. I mean other than if I want to find out who won the Tonies, forget about it.
“He ought to get rid of the intelligence group while he’s getting the super intelligence group cause the intelligence group is not cutting it. I mean I’m trying to do calculation, really hard calculation, I don’t even include Meta AI because it’s just a waste of my time to input the calculation.
“[On why the stock is the best-performing mega-cap tech stock in 2025] No but that has to do with the disruption of the advertising market. Disruption of it. Disruption of it.”
11. Hewlett Packard Enterprise Company (NYSE:HPE)
Number of Hedge Fund Holders In Q1 2025: 45
Hewlett Packard Enterprise Company (NYSE:HPE) is an iconic American enterprise computing company. Its shares have lost 4.6% year-to-date primarily on the back of sluggishness in the non-AI computing market. However, Hewlett Packard Enterprise Company (NYSE:HPE)’s shares jumped by 11% in June after the firm secured highly-awaited approval from the Justice Department for its bid to acquire Juniper Networks. Cramer discussed the deal in detail:
“I mean HPE had been a, also ran, to, to Dell. What I think is very interesting is that I happen to love these sites I go to. This time I go to Perplexity, okay, which I regard as an even-handed chat. And what do we see? It says the major competitors are Cisco and Arista. I like those companies very much. And HPE, there’s of course the deal, right, the deal on Juniper, pending because of the acquisition of Aruba. So Aruba has to go and the Justice Department is kind of smart about this. But I would tell you David, that HPE is one of the biggest customers of NVIDIA. . . Remember, NVIDIA is regarded as somewhat of a gating point for all of the hyperscalers cause they’re so expensive. But Cisco’s in the mix now, maybe Hewlett Packard is going to be more than just a company that puts together NVIDIA for you. That’s why HPE is trading up. It’s very significant.
“And Mr. Neri . . .Antonio Neri is someone who had told me look we get this it’s fantastic, what can I say. It’s obviously fantastic.”
Cramer also discussed Hewlett Packard Enterprise Company (NYSE:HPE) after the firm’s latest quarter. Here’s what he said:
“Last night, Hewlett Packard Enterprise reported what initially looked like a strong quarter, and the stock took off in after-hours trading. Then today, gave back, gave back nearly all the gains…
If you take a step back and think about the quarter as a whole, here’s what I’d say: HP Enterprise was fine. I don’t mean that as an insult. Fine is a definite improvement from the last quarter, which was outright bad. But what really happened here is that HP Enterprise outperformed the expectations that it had lowered when it offered that atrocious guidance back in March.
… Now it’s outperformed those lowered expectations, and while that’s certainly better than underperforming, I can’t bring myself to be too excited about it. The fact of the matter is, we heard much more positive things from Dell Technologies last week…HP Enterprise really is doing better than it was three months ago, and that’s worth something. But nothing I heard yesterday was positive enough to get me particularly bullish on this one, especially when Dell’s in much better shape and only a little bit more expensive, and has come down a great deal.
Here’s the bottom line: I can’t get enthusiastic, well, maybe I can’t get too enthusiastic about Hewlett Packard Enterprise until one of two things happens. Either they see a dramatic improvement in their business, or the activists at Elliot Management decide to get their hands dirty and turn this thing around by any means necessary. For now, neither of these things seems to be happening. So, look, let’s say you like HP Enterprise. Let me just tell you something, you will love Dell, which is a far superior option at this moment.”
10. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders In Q1 2025: 212
AI chip designer NVIDIA Corporation (NASDAQ:NVDA)’s importance in the AI chip industry also makes it one of Cramer’s most frequently discussed stocks. Cramer continues to have faith in the company and believes CEO Jensen Huang’s belief that his company will play a key role in the rollout of humanoid robots. NVIDIA Corporation (NASDAQ:NVDA)’s shares did well in June as they closed the month 16.9% higher and enabled the firm to retake the crown of being the world’s most valuable company. NVIDIA Corporation (NASDAQ:NVDA)’s shares benefited after investors failed to determine any negative catalysts on the horizon and analysts remained bullish about the AI market’s future. Cramer discussed the firm in the context of its position in the hyperscaler market:
“But I would tell you David, that HPE is one of the biggest customers of NVIDIA. . . Remember, NVIDIA is regarded as somewhat of a gating point for all of the hyperscalers cause they’re so expensive.”
Earlier, Cramer discussed NVIDIA Corporation (NASDAQ:NVDA) and the negotiations between the US and China:
“So, how could the president turn around these negotiations with the Chinese? Okay, so I’ve been thinking about this. I always like to be constructive. I’m a constructive fella… We only have one ace in our hand, and apparently, we don’t want to play it, the chips from NVIDIA. Under the previous administration, NVIDIA was allowed to sell China high-quality chips, but not their best stuff, which were reserved for America and a bizarre list of 18 friendly countries. Now, the Trump administration won’t even let NVIDIA sell their second or third best stuff. As CEO Jensen Huang said on our show, it’s logical to presume that China won’t use these chips for the military precisely because they’re American chips…
So what is the military risk here? Jensen says that there’s $50 billion in AI semiconductor business up for grabs in China, and NVIDIA used to have 95% of that market, but today it’s down to 50%. Sounds like the Trump administration would like it to go to zero. The Chinese are desperate for these chips. They could buy them from NVIDIA, which has the capacity to build them now, and NVIDIA could repatriate the money to build more plants right here. It’s an elegant solution that I’m providing, but I fear the White House just doesn’t care about my solution.
Still, if Trump wants to win this game, he may have to show his Trump card, NVIDIA. As I see it, the others just don’t make for a good hand. You have to play with the cards you’ve been dealt. And for decades, our government did everything it could to encourage outsourcing to China. They left us with a pretty lousy darn hand, both Republicans and Democrats. Between NVIDIA and Apple, Trump has a lot of leverage, but he doesn’t want to use it. Those two companies seem hostage to totally different agendas inside the White House.”
9. Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holders In Q1 2025: 159
Apple Inc. (NASDAQ:AAPL)’s shares have struggled quite a lot in 2025. The stock has lost 14.7% year-to-date on the back of concerns about the firm’s China supply chain and market opinions about its AI products. Cramer has continued to defend Apple Inc. (NASDAQ:AAPL) throughout 2025. He believes that the firm’s product quality is unparalleled in the market, which lends it a stable demand for its smartphones in particular. The CNBC host has also outlined earlier that he will change his mind about Apple Inc. (NASDAQ:AAPL) if the firm starts losing market share to Samsung. here are his recent thoughts:
“. . .Apple, which cannot get out of its own way. And I think probably could go down to 25 times earnings. Which is a substantial decline. Apple’s a share donor. It’s a share donor.
“[On why he won’t sell despite talking about the negatives] The number product, I just went on Amazon . . .I really want to buy, I need more AirPods. . . I think what’s really important David, is they are a share donor to the other stocks I’m talking about. And it is because all they do is buy back stock. . .
“[On why Apple stock should be bought] No I’m not going to because I think the multiple’s too high.
“[On future prospects, past revenue growth] Well I think it’s time they articulated a strategy for Siri.”
“. . .they do need to have Siri on board. . .they gotta fix it, because right now, if they bought Perplexity, and I know that they are averse to buying companies, but Perplexity is my go to. I’m on Perplexity maybe 20 times a day.”
Earlier, Cramer discussed Apple Inc. (NASDAQ:AAPL)’s troubles in China:
“Apple’s pulling off something amazing, moving about 20% of their iPhone manufacturing to India, but the rest are still coming from China. Still, the White House doesn’t care. They want those phones made in America, so they’re threatening a 25% tariff on the ones from India… What a shame. Apple is a huge employer in China, and China’s a huge market for Apple, but the White House is making them leave, and they’re not even getting any credit for it.
If Trump wants leverage with China, he should be doing everything he can to make Apple move its manufacturing literally anywhere else and not tariff them… You have to play with the cards you’ve been dealt. And for decades, our government did everything it could to encourage outsourcing to China. They left us with a pretty lousy darn hand, both Republicans and Democrats. Between NVIDIA and Apple, Trump has a lot of leverage, but he doesn’t want to use it. Those two companies seem hostage to totally different agendas inside the White House.”
8. Palantir Technologies Inc. (NASDAQ:PLTR)
Number of Hedge Fund Holders In Q1 2025: 77
Palantir Technologies Inc. (NASDAQ:PLTR) is one of the most popular data analytics companies on the stock market. The firm’s shares have gained 73.8% year-to-date as investors have remained bullish on its ability to enable the US government to cut costs. Palantir Technologies Inc. (NASDAQ:PLTR) has also benefited from strong earnings performance but suffered as analysts have wondered whether its growth is limited only to the US. In his previous remarks about the firm, Cramer commented on the high retail interest in the stock and maintained that he has been one of Palantir Technologies Inc. (NASDAQ:PLTR)’s biggest promoters. Here are his recent remarks:
“Well Palantir’s going to two hundred. And do not pass go, do not collect two hundred, it’s going to two hundred. I’ve been saying at fifty it was going to a hundred. There’s no reason why it won’t. It’s got a rule of 80, it’s the fastest growing company on Earth. Periodically when you talk to someone, in any department, the government, they will say listen, they are the real DOGE. They are the real DOGE. But David, this is an odd market.”
Earlier, Cramer discussed Palantir Technologies Inc. (NASDAQ:PLTR)’s recent nuclear deal:
“There’s a company I know. I think it has an algorithm that spits out what would move a stock. Because I can’t believe this Palantir. Today, nuclear operating system and OS will achieve on-time, on-budget nuclear construction, Palantir. That’s what they’re doing. That’s how they’re gonna be doing it.
“And, today they got. . Satya Nadella who said these guys are really important. . .I was listening to Senator Warren this morning. And she’s saying, like. . .Secretary of War, they let em bring it all in Bring Palantir in. Now she didn’t say Palantir, but David, Palantir remains a 200 dollar stock masquerading as a 144 dollar stock. Masquerading.
“[On whether he owns the stock for his charitable trust] No, I just can’t get my arms around it, all I do is recommend it though.”
7. AeroVironment, Inc. (NASDAQ:AVAV)
Number of Hedge Fund Holders In Q1 2025: 23
AeroVironment, Inc. (NASDAQ:AVAV) is an American defense contractor known primarily for its presence in the high-growth drone industry. The recent conflict in the Middle East, South East Asia, and Russia’s invasion of Ukraine have demonstrated the importance of drones in today’s warfare. AeroVironment, Inc. (NASDAQ:AVAV)’s shares have gained 61% year-to-date primarily on the back of a massive 47% jump in June after the firm’s latest earnings report beat analyst estimates by a wide margin. However, since the peak, AeroVironment, Inc. (NASDAQ:AVAV)’s shares have dipped by 11.4% after the firm decided to take advantage of its recent share price hike to pay off debt. Cramer commented on the share price rise:
“Last week on Stop Trading, I said people should buy AeroVironment, I had them on. . .and AeroVironment was at 180, and now AeroVironent’s at 295.
“It was down 17 when I interviewed, when I interviewed Mr. Nawabi, it was down 17.
“The bears had to recognize that they were wrong, that they were betting against the wrong. Goldman came out today and recommended the stock. Yeah I recommended at 186, they recommended at 286. I think I’m early. Does that guy make more money than I do? The guy who recommended at 286? Do you think he should?”
Earlier, Cramer discussed some of the reasons behind the fresh market enthusiasm about AeroVironment, Inc. (NASDAQ:AVAV):
“Okay, AeroVironmnent, I think a lot people were worried about how much, you know, do they have drones, are they out of drones, who’s got the drones, the cost of drones.”
6. The Walt Disney Company (NYSE:DIS)
Number of Hedge Fund Holders In Q1 2025: 104
The Walt Disney Company (NYSE:DIS) is one of the largest media and entertainment companies in the world. Its shares are up by 11% year-to-date primarily on the back of 34% in gains made since early May. The Walt Disney Company (NYSE:DIS)’s shares soared after the firm’s second-quarter earnings delivered the holy grail of metrics, streaming subscribers. The numbers saw the firm report 126 million subscribers which was higher than the 123.35 million that Wall Street had penciled in. In his previous remarks about The Walt Disney Company (NYSE:DIS), Cramer discussed how the firm is caught up in the generational divide between stock market investors. Here are his recent thoughts:
“Why doesn’t Hugh Johnson get any credit [for improving performance], the CFO. Well look, the theme park’s now [inaudible]. What’s really interesting is they’re now starting to talk about the cruise ships in 26′. I would have waited until 27′. But I do think that Disney had a great quarter, I think that Hugh Johnson plays a big role and James Gorman is going to play a big role.
“He [Bob Iger] did bring back stability. Stability is working.”
As for the generational divide, here’s what Cramer said:
“We pivoted to interviewing Bob Iger, CEO of Disney, who traced out his plans now that the company owns all of Hulu. The stock was around $115 when Iger started talking, and by the end of the interview, at least partly by the day, it was at $118 and change. That’s a tour de force performance, the kind of value added this network proudly provides.
I felt great about it, but I could feel the contempt that many younger investors have for what I think is a very strong kind of journalism where we flesh out what really matters to an iconic big capitalization stock that has everything to do with linear television, ESPN, exciting movies, cruise ships, theme parks… Who doesn’t want to know about that? Well, how about the people who just stopped going to Disney World with their parents, and it’s the last place they would ever be caught dead at?”
5. Wells Fargo & Company (NYSE:WFC)
Number of Hedge Fund Holders In Q1 2025: 93
Wells Fargo & Company (NYSE:WFC) is one of the biggest banks in America. The firm’s shares have gained 16% year-to-date and are up by 12% since late June. June was an important month for the firm as it saw the Federal Reserve remove a $1.95 trillion asset cap on the bank which was levied in 2018. The restrictions were in place to allow Wells Fargo & Company (NYSE:WFC) to demonstrate that it had removed all deficits in its internal processes which had led to a fake account scandal. Cramer commented on the bank’s valuation and the restrictions:
“Well, Wells Fargo is trading at 14 times earnings. They had that cap ever since February 8th of 2018. That comes off, we saw that that came off a week ago. What I think really matters is that Charlie Scharf wants to take over a lot of the businesses done by other banks. And I would . . .when you bring in. . .a lot of these people from JPMorgan it doesn’t matter.”
Cramer had discussed the restriction in detail in June. Here’s what he said:
“There are many reasons why Trump won in November, inflation, immigration, cultural backlash, but there’s one reason why the business community got behind him in a way they never really did in 2016 or 2020, and that’s deregulation… This morning, we got the chance to interview Charlie Scharf, the CEO of Wells Fargo. Talked about the Federal Reserve’s removal of the asset capital on this bank last night… Wells certainly had it coming back then, but it was a severe penalty… I knew the Biden administration wouldn’t lift the cap. They had zero sympathy for big business, and they didn’t like the banks…
… I welcome this deregulation, not because I’m some sort of laissez-faire ideologue, but because it allows competition to scale. Wells Fargo can now give JPMorgan a run for its money…
… While I’m at it, let me say that both of these stocks are tremendous buys… Wells Fargo will be able to save a ton of money as the endless compliance monitoring may have finally run its course. Seven years of purgatory is enough already. The all-new Wells deserves to be let out of the doghouse. My hope is that the deregulation will continue because that’s exactly what we need after four years of heavy-handed regulation. Capital One Discover, no cap on Wells Fargo, all I can say is it’s about time.”
4. The Goldman Sachs Group, Inc. (NYSE:GS)
Number of Hedge Fund Holders In Q1 2025: 77
The Goldman Sachs Group, Inc. (NYSE:GS)’s strong share price performance in 2025 has also caught Cramer’s attention. The firm’s shares have gained 22.9% year-to-date in a breath of fresh air for investors who had to contend with poor business performance until very recently. During this appearance, Cramer and his co-host David Faber discussed how the recent stock market rally was driven by banking and financial stocks. To wit, while the S&P 500 has 4.4% over the past month, its banking component has beaten the broader market by gaining 9%. Cramer’s previous comments about The Goldman Sachs Group, Inc. (NYSE:GS) have pointed out that the firm’s share price performance is due to strong activity in the mergers and acquisition market. He kept at it this time around as well:
“Goldman obviously is M&A, it’s doing very, very well.”
Previously, he commented on the ups and downs in The Goldman Sachs Group, Inc. (NYSE:GS)’s shares in detail:
“But as it became clear that the new Trump administration was going to prioritize tariffs over its more pro business policies, that’s a real negative for both IPOs and M&A, this thing pulled back hard, only falling nearly 35% from peak to trough by the time it bottomed at $440 [on] April 7th. Since then, though, Goldman’s been rallying hard in part because of the IPO market bouncing back and also because there’s been a pickup in mergers and acquisitions….
Of course, the stock got hit today after JPMorgan executives lowered expectations for their investment banking business at an investor day event. But… I’m not worried about that. I think you can buy Goldman on the weakness.”
3. JPMorgan Chase & Co. (NYSE:JPM)
Number of Hedge Fund Holders In Q1 2025: 129
JPMorgan Chase & Co. (NYSE:JPM) is the largest private bank in the world. Its shares have gained 21% year-to-date to make them one of the top performers among bank stocks. The strong share price performance is despite the fact that JPMorgan Chase & Co. (NYSE:JPM)’s shares dipped by 14.5% in April after the Liberation Day tariff announcements. The bank has benefited from several tailwinds in the second quarter. These include greater stock trading activity helping the bank’s earnings and stock buybacks. In his previous comments about JPMorgan Chase & Co. (NYSE:JPM), Cramer has painted the bank’s CEO Jamie Dimon as ‘gloomy’ and discussed whether to buy or sell the stock in a recession. His recent comments were brief:
“JPMorgan, doing terrifically.”
Cramer’s earlier comments discussed JPMorgan Chase & Co. (NYSE:JPM)’s stock. Here’s what he said:
“I think in a recession you pull your forecast. And when people here pulled forecast, you just sell the stock. Now is that right? I don’t think so. I think that I joke I wish actually this was the quarter where people said you know what we’re not going to give guidance anymore. We’re gonna be like Warren Buffett. […]
Well, look, these companies are great. And if we’re going to say there could be a deal and the deal’s going to be tough and- With China, you mean? Yes. Then you’re going to be saying, why didn’t I pay $224 because now I’m paying $290.”
2. Capital One Financial Corporation (NYSE:COF)
Number of Hedge Fund Holders In Q1 2025: 93
After Capital One Financial Corporation (NYSE:COF) secured regulatory approval for its Discover merger earlier, Cramer has discussed the stock several times. His remarks have focused on the deal, with the CNBC TV host holding the firm belief that Capital One Financial Corporation (NYSE:COF) stands to disrupt the financial market with the deal. He believes that with Discover, the firm can create a card brand or payment system that could challenge the control exercised by Mastercard and Visa on the market. This time around, Cramer discussed Capital One Financial Corporation (NYSE:COF) CEO Richard Fairbank:
“The one I’m focused for my charitable trust, Capital One, Richard Fairbank, and what he’s doing with the closed loop system with Discover Financial. And I want to know, I don’t know what he’s up to. But I wish he’d come on, because man is he good.”
After Capital One Financial Corporation (NYSE:COF)’s secured regulatory approval, here’s what Cramer said:
“I’ll give you a regional [bank] that I love David, let’s see if you can guess it. . . .How’s that stock [COF] doing?
“I think, I think that Richard Fairbank, the genius who runs Capital One, could very well use the Discover network to go against Mastercard, Visa, and American Express cause it has a lower [inaudible]. How do you like that? They have a hundred and twenty million cards! They have a hundred and twenty million cards! Why couldn’t they have their own network? Why couldn’t they just tell the retailers look this is what we’re going to use from now on and we’re gonna save you a lot of money.
“Why is the stock down now? Stock’s down. I love the stock. It was going to be up big today. I thought it would be up ten.”
1. Whirlpool Corporation (NYSE:WHR)
Number of Hedge Fund Holders In Q1 2025: 35
Whirlpool Corporation (NYSE:WHR) is an American home appliance company that makes and sells a wide variety of appliances such as washing machines and refrigerators. While the shares have lost 8.5% year-to-date, they have gained 34% over the past month. Whirlpool Corporation (NYSE:WHR)’s stock has soared recently because the firm has built a narrative of benefiting from tariffs due to its US presence. Cramer discussed this aspect as well:
“You know I’m focused on tariffs, I mentioned earlier that Amazon. . .talking about the China tariffs are here. Whirlpool. Okay, the government’s side of back Whirlpool versus foreign companies that make appliances. Whirlpool sells at seven times earnings, the stock could go to 120 in a heartbeat. Because they are going to have this market to themselves after the tariffs come in. I’ve been waiting for this industry to be able to rationalize for a long time. . . we’re talking about big, big tariffs. We’re talking about making it so that Whirlpool becomes cheap. This is the beginning of what I regard as people saying, wait a second, tariffs distort the market, and keep out inexpensive makers. I would say the only one left that we have is Whirlpool and good luck going against Whirlpool once we start doing these tariffs.
“But I think its important is we sold a lot of our companies, our appliance companies to Asia. So maybe it’s time we gave these companies a chance because our American manufacturers are being crushed by overseas.”
However, while he was positive on Whirlpool Corporation (NYSE:WHR), Cramer had advised viewers to buy Home Depot a day before President Trump announced his Liberation Day tariffs:
“I don’t understand why – it never goes anywhere, I thought this guy would come in, I thought it’d be well-run – it’s not happening. I’m going to say I don’t like it. I think you should own the stock of Home Depot—that’s the one to buy right here right now.”
While we acknowledge the potential of WHR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than WHR and that has 100x upside potential, check out our report about this cheapest AI stock.
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