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 commented on the potential inflationary impact of tariffs. When Cramer’s co-host pointed out that the impact was not yet visible, the CNBC host replied by sharing that the impact was present in car leases. He remarked: “Try to lease a car. Now, some people say listen, it’s not impacted. But those people are obviously, they’re algebraically. . .challenged.”

The war between Iran and Israel led to crude oil prices skyrocketing and then dipping once hostilities ceased. Cramer shared key insights about oil price movements as the previous day’s crude session was the worst since 2022:

“And then what that should mean, when you have those reversals, it’s not done. It keeps going down. That’s been the history. Maybe this time it’s different. We don’t have strong economies around the world. There’s been a lot of good articles written about China. You know [there’s] a piece today about how China economy deflation. So they may want the oil but what are they going to do with it. You know David, around the world, except for Germany which is borrowing a lot of money, and Spain which is doing quite well, you can find a lot of areas where the economies are weaker and that means that oil is going lower. That there was a very big war premium.”

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 24th.

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).

12. Carnival Corporation & plc (NYSE:CCL)

Number of Hedge Fund Holders In Q1 2025: 55

Carnival Corporation & plc (NYSE:CCL) is one of the largest cruise ship operators in America. The firm’s shares have gained a modest 1.8% year-to-date after having lost 33% by early April. Carnival Corporation & plc (NYSE:CCL) experienced some bullishness early in the year when strong consumer spending for its cruises led to strong bookings. However, in what Cramer would later dub as the ‘end of the travel bull market,’ the stock lost steam and dropped. In his previous comments about Carnival Corporation & plc (NYSE:CCL), Cramer also pointed out at news reports of tax exemptions for the cruise segment being removed as a potential contributor to the lackluster share price performance. Here are his latest thoughts about Carnival Corporation & plc (NYSE:CCL):

“Carnival’s up, uh, ten percent almost. No I guess what I’m saying is that the gloom does not match the stock prices. There’s the gloom that we feel, the worry that is the economy is falling apart, if you look at these stocks, you’re making so much money. We’re making so much money. Like we should be more positive.

“[When Carl pointed out at the booking data for Carnival showing the booking curve being the farthest out its ever been] Well what matters to me is that the Fed looks like it’s going to have to cut. Because the mortgage rates are too high. And we know that the autos are gonna get hurt.”

Cramer discussed Carnival Corporation & plc (NYSE:CCL) and the tax exemptions earlier this year.  Here is what he said:

“Kind of shocking to say, one of the greatest groups in this market has been the cruise lines. It has just become, remarkable comeback, and this is the long on money, short on time. Meaning, let’s find the bar again and travel. . . These all got clocked. Why? Because Howard Lutnick, the new Commerce Secretary said that President Trump might wanna be able to get rid of the, their inability to pay tax. They don’t pay tax. Again, what I keep referring to is, Congress passed an actual codified section . . . saying that their income is not taxable! So you know, you need to get Congress to check off. Now, Citi in its note does say to make these changes we believe President Trump would need to focus on the cruise industry. But I’m implying that if the President does focus, then it gets rid of Congress. Now, look, maybe I’m outmoded. I have been focused on Congress cause that’s the way our country has, since, I don’t know, like Jefferson. But everything’s new! This needs Congressional approval. I don’t know how else he can do it!”

11. Advanced Micro Devices, Inc. (NASDAQ:AMD)

Number of Hedge Fund Holders In Q1 2025: 97

Advanced Micro Devices, Inc. (NASDAQ:AMD) is a semiconductor designer whose shares have been on quite a run in June. The stock has gained 29.50% in this month so far primarily due to shifting analyst sentiments about its AI exposure. Advanced Micro Devices, Inc. (NASDAQ:AMD)’s shares have benefited as analysts from CFRA and Melius have both upgraded the shares on the back of the firm’s ability to close the competitive gap with NVIDIA when it comes to AI GPUs. Tight NVIDIA GPU supplies have generated quite a bit of space for alternatives, and positive sentiment about Advanced Micro Devices, Inc. (NASDAQ:AMD) opens up space for the firm to sell its products. Crmaer’s previous comments about the firm have speculated that it might be part of US trade negotiations with China. They have also called the company a GPU ‘charnel house’ and shared that Cramer’s club is limiting its exposure to the stock as a result. His latest remarks about Advanced Micro Devices, Inc. (NASDAQ:AMD) discussed the recent share price movement:

“Well because AMD, because the have a secondary, they have an inference chip that’s really good.”

In his previous comments, Cramer discussed Advanced Micro Devices, Inc. (NASDAQ:AMD)’s ZT Systems acquisition which enables it to supply server racks:

“After the close, we want to hear great things about demand from Advanced Micro Devices, AMD. Perhaps we get the news that AMD’s selling that manufacturing part of the ZT Systems. That’s a company they acquired for $4.9 billion in cash and stock in March. Now that could give this stock a lot of juice.”