Jim Cramer Says Oil Can Get Cheaper & Discusses These 12 Stocks 

4. Chewy, Inc. (NYSE:CHWY)

Number of Hedge Fund Holders In Q1 2025: 55

Chewy, Inc. (NYSE:CHWY) is a pet food retailer that has started to frequently appear on Cramer’s morning show. He has called the firm a “winner” in his previous comments and praised management for accurately calling out the share price bottom on his show, Mad Money. Chewy, Inc. (NYSE:CHWY)’s shares are up by 27% year-to-date despite the fact that they slipped by 15.5% in June. The shares fell after the firm’s first-quarter earnings report missed analyst estimates for fiscal 2025 revenue while Chewy, Inc. (NYSE:CHWY) also saw its costs rise during the first quarter. Cramer commented on the firm’s secondary share sale and warned viewers that the stock head lower due to dilution and recent gains:

“Get ready to see this. Today, Chewy, okay. 23.95 million share, secondary. 41.95 it’s at 42.76. Start seeing people cash out okay. Now this is uh, BC Partners who’s raised one billion in share sale. But we’re gonna start seeing real selling. And that’s because stocks are up very, very big. And you know. . .these are all candidates because they’re up so much.

Look I think Chewy’s great, Morgan Stanley put out a good piece. But this is what we have to see. We have to really digest this huge amount of stock that’s gonna hit us.”

Earlier this year, the CNBC host mentioned how Chewy, Inc. (NYSE:CHWY)’s litter brands are cheaper:

“Hey, you go to Chewy for cat litter and you find Fresh Step, that’s the Clorox brand. Then you see Frisco, the Chewy brand, and if the Clorox stuff gets too expensive, well, you might just easily go to Frisco. How much are you really gonna pay up for kitty litter?”