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 how small-cap stocks soared after investors became hopeful about interest rate cuts. However, he cautioned about getting too optimistic:
“Yesterday was really an amazing day because people were split about how hot or cool the CPI was. But then suddenly, people just, this wave of people just determined that it was not only cool, but perhaps, perhaps we even could get a 50 basis point, which I think is a fantasy. But, I saw stocks ignite, when I saw the financials go crazy, David, I know it’s a little controversial, but what financial just exploded yesterday?”
The conversation then shifted to AI computing infrastructure firm CoreWeave. Cramer believes that the firm could post a higher backlog if it were not constrained by power. AI power consumption is of key interest to investors as high-end chips can consume as much as 3.7 MWh of power annually.
While AI power consumption is concerning, another key concern is its water demand due to cooling requirements. Cramer’s co-host Carl Quintanilla pointed out that water was a key issue as he quoted a report which projected that by 2030, data centers in Texas would account for 7% of the state’s water consumption. The data center water use amounts to 399 billion gallons, and Cramer countered by sharing that building data centers in Washington, where there was ample water, could be one way to accommodate AI’s thirst.
The CNBC TV host then admitted that the industry is still struggling to reconcile with the high water and power requirements. According to him:
“These things, they haven’t figured out how to do it. Some people feel that’s why quantum has to be involved, because quantum doesn’t burn. . .”
Cramer also believes that nuclear power could be the answer to AI’s power demand as wind and solar power are unreliable. “But nuclear is the answer,” he said. “Wind is great, except for sometimes it’s not winding. And solar’s great, but, jeez the Sun, I mean. I don’t know, sometimes I think is that the Sun? I don’t know, I’m new to this town,” Cramer added.
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 August 13th.
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).
14. The Goldman Sachs Group, Inc. (NYSE:GS)
Number of Hedge Fund Holders In Q1 2025: 77
The Goldman Sachs Group, Inc. (NYSE:GS)’s shares have been performing well lately as mergers and acquisitions pick up. They have gained 25.5% year-to-date and are up by 56% since the post-Liberation Day dip in April. Cramer’s previous comments about The Goldman Sachs Group, Inc. (NYSE:GS) have discussed the bank’s valuation and commented that a price-to-earnings ratio of 16 was too low. The shares are currently trading at a P/E ratio of 15.9, while the CNBC host believes they should trade at least 18. This time, Cramer discussed The Goldman Sachs Group, Inc. (NYSE:GS) in the context of broader market activity and President Trump’s belief that its top management should switch careers:
“The reason I brought it up instead of Rocket Mortgage is because Goldman encapsulates everything, IPOs, right, M&A, trading volume. This is the barometer for this stock market and it took off in a way that I haven’t seen in ages.
“I just wonder what the President thinks of Kostin. Because Kostin’s very good. . .no, no I think Kostin’s good.”
Here is what Cramer believes about The Goldman Sachs Group, Inc. (NYSE:GS)’s valuation:
“Goldman, Goldman and Morgan. I think that Goldman stock has been elevated because of things I guess. Now see, Goldman’s only at [inaudible] it’s got a parabolic move. But it sells at 16 times earnings. That is a candidate to be revalued up to 18, 19 times earnings.”
13. CoreWeave, Inc. (NASDAQ:CRWV)
Number of Hedge Fund Holders In Q1 2025: 36
CoreWeave, Inc. (NASDAQ:CRWV) is a key player in the AI industry as it hosts and provides computing infrastructure to AI software companies. The shares have gained 132% since their IPO in March but have lost 49% since their peak in June. The day Cramer made these remarks about CoreWeave, Inc. (NASDAQ:CRWV) was key as the stock closed 21% lower. The CNBC TV host commented on the firm in the morning and discussed CoreWeave, Inc. (NASDAQ:CRWV)’s earnings call. His comments about waiting were also prescient, given the major share price dip. However, Cramer believes that electricity constraints are preventing CoreWeave, Inc. (NASDAQ:CRWV) from having a higher backlog:
“But I do think Carl, when we look at what’s happened with CoreWeave, what we have to focus on, is the lockup. The expiration of the lockup. Cause I don’t want people to get in it. That’s the 15th, tomorrow. I don’t want anyone to see it, it’s after the close tomorrow. I just think that if you people want to be in it, you have to wait till things settle down.
“The call was filled with congratulations, and people are very excited about the fact that everybody has to build one of these. David, just for you, I was going over with Michael Intrator, the size of what people have to build. HE’s talking about six San Franciscos. Six San Franciscos. . . .well he felt, well the problem is Mark Zuckerberg was talking about various parts of the map, but didn’t talk about the actual building. Six San Franciscos. . .
“But with CoreWeave you’ve gotta understand. If we go to reasoning, the next generation of NVIDIA, Vera Rubin, from Philadelphia by the way, what you will find is that’s reasoning. And that’s what we need in all this. In order to reason you need much more power.
“I do think that what they did, they’re constrained [in the backlog] by power, you need more power. They could do a much bigger backlog but they don’t have the power.”
12. D-Wave Quantum Inc. (NYSE:QBTS)
Number of Hedge Fund Holders In Q1 2025: 13
D-Wave Quantum Inc. (NYSE:QBTS) provides quantum computing hardware and software. It has caught Cramer’s attention recently as he believes viewers are interested in the technology. Cramer has discussed quantum computing throughout this year and has started to grow fond of the sector recently. Cramer discussed what D-Wave Quantum Inc. (NYSE:QBTS)’s management had told him during the previous day’s airing of Mad Money:
“D-Wave, I just, we are on Mad Money, putting every single one on, why? Because that’s what the public wants and we have to stop snubbing.
“Now I had D-Wave on last night, a quantum company. And I’ve got to tell you, they are saying if we get our, if we get where we are, this could all come down. That crypto could be in trouble if quantum comes out because they can overrun the blockchain.”
Here is what he said about D-Wave Quantum Inc. (NYSE:QBTS) on the Mad Money episode:
“This market’s going into a speculative frenzy, people racking up huge gains in quantum computing stocks, even as the technology’s still in its infancy, but maybe it’s closer than we think, but I’m not scolding you. I want to take the speculation seriously because maybe it’s not that speculative after all, which brings me to D-Wave Quantum, a stock that’s up nearly 2000% over the past 12 months. I want some of that. Last Thursday, D-Wave reported. Honestly, I’m not quite sure what to make of the numbers. I’d rather just play with an open hand. Company’s touting the fact that bookings were up 92% year over year. That’s terrific. But like I said, quantum computing is still very early; that’s why booking stood at just 1.3 million… At the same time, the company’s losing big money, but you know, it has big money. So maybe, so what? So you can understand why more traditional investors look at this struggle to justify D-Wave’s more than $6 billion market capitalization, but not me, because I’m open-minded. I want to find out what’s going on. If this is the technology whose time has come, then it makes sense.”
11. Alphabet Inc. (NASDAQ:GOOGL)
Number of Hedge Fund Holders In Q1 2025: 227
Alphabet Inc. (NASDAQ:GOOGL)’s shares have reversed their trend as we settle into the year’s second half. While they are up by a modest 6.4% year-to-date, since late June, the stock has gained 22%. A key reason driving Alphabet Inc. (NASDAQ:GOOGL)’s share performance is the performance of its cloud computing business. Additionally, not only do the firm’s troubles with the Justice Department appear to have been placed on the back burner, but it has also delivered strong performance with its Search and YouTube business. Cramer discussed Alphabet Inc. (NASDAQ:GOOGL) in terms of quantum computing:
“[When he wondered how many years away are we from scaled quantum and which stocks might be worth it] Well you know then the question is [inaudible] you really want to go after, it’s Google and it’s IBM.
“How about the fact that Alphabet, I mean you’ve got an Alpha-Perplexity just already making a bid in case Judge Mehta. . .says listen they got to get rid of Chrome.
“I think that maybe they think that they can influence the judge? I think that’s wrong, the judge is really not, the judge can’t be bought. Did you know that? . . .Some people feel that some judges are the best that money can buy, this is not one of those.”
Cramer mentioned Alphabet Inc. (NASDAQ:GOOGL) and quantum computing in an earlier episode as well. Here is what he said:
“Call me a believer, in quantum. And I think it’s catching up and doing something. Also by the way. . .Google [is] doing well.
“But I’ve got to tell you, quantum, I cannot believe that I’m a believer, but I am a believer.”
10. International Business Machines Corporation (NYSE:IBM)
Number of Hedge Fund Holders In Q1 2025: 57
International Business Machines Corporation (NYSE:IBM)’s shares have gained 9.7% year-to-date after they trimmed their gains in July after investors were disappointed by the firm’s software revenue. Despite the dip, Cramer is a believer in the firm as he holds the opinion that investors might have been a bit too hard on the firm. He also believes that International Business Machines Corporation (NYSE:IBM) enjoys a sizable lead in the quantum computing industry. During this episode, the firm crossed his mind as he wondered how long it might take for quantum computing’s commercialization:
“I think IBM may be very real and that stock has just taken a beating. So that’s what I’m focused on.”
Here are his previous comments about International Business Machines Corporation (NYSE:IBM) and quantum computing:
“Call me a believer, in quantum. And I think it’s catching up and doing something. Also by the way, IBM and Google are doing well.
“But I’ve got to tell you, quantum, I cannot believe that I’m a believer, but I am a believer.”
9. Entergy Corporation (NYSE:ETR)
Number of Hedge Fund Holders In Q1 2025: 64
Entergy Corporation (NYSE:ETR) is an American electricity retailer. It generates electricity through nuclear, gas, and other power sources. The shares have gained 17.8% year-to-date on the back of a strong run since July. Entergy Corporation (NYSE:ETR)’s stock has performed well in 2025 as it has benefited from having exposure to the US market. Its American exposure insulates the firm from the potential impact of tariffs on its business. In his previous comments about Entergy Corporation (NYSE:ETR), Cramer has speculated that the firm was becoming a safe haven stock due to domestic US exposure. This time, he discussed the stock in the context of AI power demand:
“[On power AI constraints] But that’s why you go to Louisiana and make it all nuclear power with Entergy.”
Here are his previous thoughts about Entergy Corporation (NYSE:ETR):
“Man, I’ll tell you, ETR’s had such a run. I know it can go higher, but it, I mean… you know, Meta likes it and everything. I’m going to say right here, [don’t buy, don’t buy].”
8. GE Vernova Inc. (NYSE:GEV)
Number of Hedge Fund Holders In Q1 2025: 111
GE Vernova Inc. (NYSE:GEV) is one of Cramer’s top nuclear power stocks. Even though his viewers have favored other nuclear stocks, the CNBC TV host has maintained throughout this year that the firm is perhaps the only top investment in the nuclear space. Cramer believes GE Vernova Inc. (NYSE:GEV) has a robust backlog and the relevant expertise to deliver on nuclear power projects. One area that he believes the firm can excel in is in providing energy for AI data centers, and in this appearance, Cramer commented on the firm’s backlog:
“What we have is TVA, but we do know that GE Vernova has pulled forward when it feels that nuclear is going to be ready. 2030.”
The CNBC TV host discussed GE Vernova Inc. (NYSE:GEV) in detail after its earnings. Here is what he said:
“When you look at this incredible run in GE Vernova… The quarter was so good that this thing’s trading like it caught a takeover bid, up 14.5% today, which is a crazy move for a large capitalization stock. More importantly, GE Vernova’s monster rally makes me look like a genius… because it’s a holding in my Charitable Trust… We bought it back in May, and so far, we got a 45% gain. My only real regret is we didn’t buy more… Still, it’s been an amazing winner. The fact that it can work today after already being up 91% for the year and more than 280% since it began trading independently 15 months ago, that tells you just how stunning these results really were…
Maybe we shouldn’t be surprised that this company reported a fabulous beat and raise quarter this morning, and make no mistake, these were phenomenal numbers… I cannot believe they are everywhere in the electrification chain… So I want you to put it all together, and I can tell you I’m still a big believer in this one, but given how much it has run, including today’s 14.5% gain, it’s hard for me to tell you to buy more at these levels. I’m reluctant to do so for my trust….
Here’s the bottom line: GE Vernova, one of the greatest quarters I’ve seen in a long time. They shot the lights out, and as we told the club, we think the stock’s headed to 700. But I feel like you’re chasing if you buy it here. Be a little patient. You know what, here’s a good example. I bet you’re going to get a buying opportunity like we have with D.R. Horton, up nearly 17% yesterday. Good analog, right? Today it’s down 3.5%. I expect a similar pullback for this one, maybe even more since it’s rallied so much. So when it comes to Vernova, keep your bat on the shoulder right now, and I want you to wait for a better pitch if you don’t already own some.”
7. Palo Alto Networks, Inc. (NASDAQ:PANW)
Number of Hedge Fund Holders In Q1 2025: 77
Palo Alto Networks, Inc. (NASDAQ:PANW) is an American cybersecurity company whose shares are flat year-to-date. The reason the stock is flat is due to a massive 15% dip at July end. Palo Alto Networks, Inc. (NASDAQ:PANW)’s shares fell after the firm announced that it would acquire a cybersecurity firm for a whopping $25 billion investment and price tag. While investors dumped the stock, Cramer remained a believer in Palo Alto Networks, Inc. (NASDAQ:PANW):
“Yeah okay so Palo Alto’s been just annihilated since it bought, decided to buy CyberArk. Oh my god, what a, are they doing badly? What are they doing? Why is, like Nikesh Arora panicking? CyberArk. No, it’s a shrewd buy but this is really an affront to Nikesh. And I have to tell you, I think Nikesh is the real deal, he came out of SoftBank, he’s been running Palo Alto for a long time. Took it to a hundred billion dollar company and this is a buying opportunity. I’m telling it to people, my charitable trust tomorrow when I have the monthly meeting. That’s a front, I just gave you a front run, yes I did.
“Udi Mokady is the chairman of CyberArk, I’ve known him for a very long time. They are the keys to the kingdom, you can’t get into the CEO’s office if you’re hire him, you have to get, when you go get hacked, they shut down everybody. But not with CyberArk, and that’s what Nikesh knows.”
6. Bullish (NYSE:BLSH)
Number of Hedge Fund Holders In Q1 2025: N/A
Bullish (NYSE:BLSH) is a cryptocurrency exchange whose shares have dipped by 12.9% since their IPO last week. Cramer made the comments on the day of the firm’s IPO. Bullish (NYSE:BLSH)’s shares closed the day after gaining 83% to close at $68 for a significant gain over its IPO price of $37. Cramer discussed the stock as it listed its shares for trading, and on the next day, when he remarked that it was good that the stock had come down, as it demonstrated rationality on the part of market participants. Here’s what he said as Bullish (NYSE:BLSH) shares started their IPO:
“The interest on say, Reddit, wow. I mean I don’t know how they’re going to be able to open this one. This one is considered to be the institutional Coinbase, David. There is an allure of this one, big time, big time companies are trying to get in on this. You know like, this is, like BlackRock.”
The next day, Cramer discussed the dip in Bullish (NYSE:BLSH)’s shares:
“[On his thoughts about Bullish’s price action] Okay, so I think that it was amazing. Basically because it went up, a huge amount. And then there was profit taking. And that was actually, shows a little bit of rationality. I think there are a lot of people who just say, when I was watching someone’s, Frank Holland’s actually, show talking about how we all know it’s frothy. And I am a little more in the Rick Rieder camp, who says that it’s a really good time to invest. And the fact that Bullish came down a little bit made me feel okay, it’s not completely crazed. I was confused by Tom Farley, he’s the CEO, talking about how it’s gonna be a Solana-based business. Because you can’t buy Solana at Fidelity. IF you wanna buy Solana at Coinbase, you have to have a picture of your driver’s license. I mean they were like carding you to buy Solana. I want to know more about Solana was their choice.”
5. Palantir Technologies Inc. (NASDAQ:PLTR)
Number of Hedge Fund Holders In Q1 2025: 77
Palantir Technologies Inc. (NASDAQ:PLTR) is a data analytics company whose shares have run into a bit of trouble recently. They have lost a whopping 16.6% over the past five days to underscore the inherent volatility in shares, which trade at 500x earnings. Cramer has been one of the first to predict Palantir Technologies Inc. (NASDAQ:PLTR)’s strong performance and has praised the firm for its earnings performance. These comments were made just as the dip started, and Cramer discussed a piece by Citron Research outlining that Palantir Technologies Inc. (NASDAQ:PLTR) was worth $40 considering OpenAI’s $500 billion valuation:
“[On a Citron piece] David, Palantir? You want to get in the way of that juggernaut? The only people who short that . . .and they don’t even know. One guy called me and he goes, listen man, I’m shorting this stock, I don’t know if you know it. Plantir! Plantir!
“And yet we all know people who work at Palantir and they are geniuses. . . they are hardworking. And, you know they believe in ontology, it’s an ontological place. I’m not an ontologist myself, but I do think that having read and studied Alex Karp, I don’t want to take the other side of the trade. I think the guy is a serious competitor.”
The CNBC TV host praised Palantir Technologies Inc. (NASDAQ:PLTR) after its earnings. Here is what he said:
“Palantir Technology reported a spectacular quarter after the close, much better than expected revenue, up 48% year-over-year, 2 cent earnings beat off a 14 cent basis, management raising their full year forecast dramatically. Company’s Rule of 40 score, which combines the revenue growth rate with the adjusted operating margin, came in at 94 for the quarter. I’ve never seen anything like it, so no wonder this already red-hot stock could surge in after-hours trading.
And look, I get Palantir. It’s among the most popular stocks in the universe. Alex Karp’s one of the smartest, most perceptive CEOs I’ve ever met. His team is amazing, and the contracts he accrued are incredible. But his stock, it’s overvalued versus any metric that I can find, the least of which may be earnings per share. It sells at something like an astounding 277 times earnings, and that was before this quarter and tonight’s after-hours gains. I accept that. Sometimes you have to pay too much for a real spec.”
4. Cisco Systems, Inc. (NASDAQ:CSCO)
Number of Hedge Fund Holders In Q1 2025: 82
Cisco Systems, Inc. (NASDAQ:CSCO) is a networking equipment and cybersecurity company whose shares have gained 13% year-to-date. However, the stock fell by 7% last week after an analyst downgrade and the firm’s fourth quarter earnings report. The results saw Cisco Systems, Inc. (NASDAQ:CSCO) modestly beat analyst estimates, which didn’t generate optimism about AI growth. To make matters worse for the stock, HSBC cut the stock’s rating to Hold from Buy. Cramer revealed that his trust owns Cisco Systems, Inc. (NASDAQ:CSCO):
“My charitable trust owns that, it’s Chuck Robbins, I mean, you know, where is the multiple. . .”
Here are his previous comments about Cisco Systems, Inc. (NASDAQ:CSCO):
“People just think that it’s the same old Cisco. Like they didn’t buy Splunk. Splunk gave them visibility, it gave them some really, really good cyber defense works. But it gave them contacts. And Splunk was everywhere. And I don’t think people realize how embedded Splunk was. Now you’ve got a company that could have an Oracle-like revaluation. And the Oracle-like revaluation is stunning.”
3. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders In Q1 2025: 328
eCommerce and cloud computing giant Amazon.com, Inc. (NASDAQ:AMZN) hasn’t seen much love from investors lately as they fret about the firm’s cloud computing growth, which fell short of expectations during the second quarter. Cramer has discussed the firm’s woes in detail as he believes that Amazon.com, Inc. (NASDAQ:AMZN) has to order GPUs from NVIDIA to stimulate demand for its cloud business. He maintained this position in this particular appearance as well:
“[On Amazon expanding its grocery delivery, they say 2,300 locations by the end of the year] Well we’ve been looking for that, because I know that, that is so crucial to their bigger strategy. Now we keep thinking about Amazon having a bad quarter, right, do you remember that? Because of Amazon Web Services only growing at 17 and a half percent and the other guys growing much faster. I think that is full of it. I think Amazon Web Services, the problem is, the shortsighted nature, if they were to call and give NVIDIA the order. . .
“I’m telling you these guys are on the move now, you know Alexa is no longer stupid, Alexa is kind of like now fourth grade, These guys are making moves and everyone’s focused on that percentage point of Amazon Web Services. Wake up. Smell the coffee.”
Here are Cramer’s previous thoughts about Amazon.com, Inc. (NASDAQ:AMZN):
“Fifth, Amazon. Well, Amazon shouldn’t be troubled. It had a terrific quarter, including fantastic retail sales, stunning advertising revenues, decent numbers from Amazon Web Services, AWS. The reason the stock got hit and keeps getting hit is there’s a perception, Amazon Web Services’ growth is slowing. It was flat from the previous quarter, and that’s being viewed as a real weakness.
I’m hearing that Amazon may be market share donor to Microsoft and Alphabet in cloud computing, and they might stay that way until they stop trying to make do with their own chips and instead buy more, yes, of the ones from NVIDIA. I’m not sure this is a totally true narrative because I think AWS did fine. But I do hear about the resistance from young AI developers who are reluctant to use Amazon’s platform to develop their own products. I hope management comes on right here and explains more about this issue. Otherwise, I fear that this is an important position for my Charitable Trust is going to keep getting smoked. Help us, Amazon. I know, I’m greedy.”
2. CAVA Group, Inc. (NYSE:CAVA)
Number of Hedge Fund Holders In Q1 2025: 41
CAVA Group, Inc. (NYSE:CAVA)’s shares are among the worst performers on the market as they have lost 40% year-to-date. The stock fell by 16.6% in August after the firm’s second quarter earnings report saw its revenue miss estimates by $5 million, and it slashed its full-year midpoint same-store sales guidance to 5% from an earlier 7%. Cramer remarked that one reason CAVA Group, Inc. (NYSE:CAVA) is suffering because its prices are too high:
“[On recent earnings] Yeah and I do think that when we look at Cava, not mentioned on the call, it’s expensive. You’re talking about 15 smackers versus go and get a smash burger a couple of drinks, a diet coke. Yeah but Chilli’s is ten dollars.
“And Cava, unfortunately is not cheap. It just costs too much for a dinner for a family of five.”
Later during the day, Cramer commented on CAVA Group, Inc. (NYSE:CAVA)’s pricing in detail:
“Brett Schulman, who’s a very perceptive man, the CEO of CAVA said, ‘We have a fluid… macroeconomic climate.’ He told Restaurant Business, which is an excellent trade publication, that the macro climate was like a fog, a fog that the consumer’s trying to find her way through… He goes on to say, ‘I think the consumer is less firm-footed, less ebullient than they were last year… To me, it’s pretty clear what’s going on. CAVA and Sweetgreen have to lower their prices or give us a couple of much lower-priced dishes if they want to turn things around. For now, they’re pricing themselves out of this American market. I get why they’re reluctant to cut prices. What business wants to lower margins?…
Now of these two problem children, Sweetgreen and CAVA, I think CAVA is in much better shape. It has a better balance sheet. It means CAVA can afford to take its medicine, cut prices to bring the customer back. I think they will do it, which is why, after all this, call me a buyer of CAVA. There’s nothing wrong with taking the medicine…
The problem is, unlike McDonald’s, they’re either maybe too proud or too obtuse, I don’t know, to realize that the consumer’s gotten serious about avoiding high-priced foods, including theirs, even though the food is fresh and good.”
1. Brinker International, Inc. (NYSE:EAT)
Number of Hedge Fund Holders In Q1 2025: 46
Brinker International, Inc. (NYSE:EAT) is an American casual dining company that owns Chilli’s and Maggiano’s. Its shares have gained 11.7% year-to-date, and the strong share price performance has also caught Cramer’s attention. While discussing Brinker International, Inc. (NYSE:EAT), Cramer asserted that a major reason the firm is ahead of Cava is its pricing. He believes that CEO Kevin Hochman is a key driving factor for the firm’s performance:
“That’s Kevin Hochman. He is so great. What Hochman realized is that America isn’t ready for north of ten bucks. It is delicious. . .they use really good tequila, and I think it’s one of the better places that, I go to with my wife. And we walk out and we say we gave them a beating!
“Well I’ve got Kevin Hochman, who really is the great restaurateur of our time and he does it quietly. I happen to think that Chilli’s is a dynamite place to eat, he also owns Maggiano’s, but what Kevin understood was that you got to, you keep it cheap, they’ll come. Value .
“[On how operating margin jumped four points despite low prices] I know, I know, that’s, well cause he’s a great operator and really understands things.”
Later during the day in Mad Money, Cramer discussed Brinker International, Inc. (NYSE:EAT) in more detail:
“You heard about it all day: This earnings season has been filled with disappointment in the restaurant space. You know, we got the CAVA that was really bad, the Sweetgreen. But some of these companies always seem to come through because they have something different, like Brinker International, the parent company of Chili’s and Maggiano’s. This morning, Brinker reported a beautiful top and bottom line beat with a mindboggling 23.7% same-store sales numbers from the Chili’s business. They just keep doing it. Even better, management issued a strong forecast for the year ahead, which is why the stock rallied over 1.6% today, although at one point it was up even bigger. Brinker’s been a winner in this environment because they offer their customers an incredible value proposition.”
While we acknowledge the potential of EAT 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 EAT and that has 100x upside potential, check out our report about this cheapest AI stock.
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