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.”
10. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders In Q1 2025: 212
NVIDIA Corporation (NASDAQ:NVDA)’s shares have regained their previous highs in June by taking five months to reclaim the setback from January’s DeepSeek selloff. The shares are now up by 11.6% year-to-date after gaining 14% in June. Much of the bullishness surrounding NVIDIA Corporation (NASDAQ:NVDA) is due to an absence of negative catalysts on the horizon. Additionally, Loop Capital’s estimate of a potential $6 trillion valuation because of GPUs increasing their presence in the global computing industry. Cramer’s previous comments about NVIDIA Corporation (NASDAQ:NVDA) have asserted that the story is still intact despite the mostly bearish sentiment about the shares in 2025. His latest comments were appreciative of the June share price movements and NVIDIA Corporation (NASDAQ:NVDA) CEO Jensen Huang’s plan to sell more than $800 million of shares. Huang has sold roughly $21 million of shares so far and here’s what Cramer said:
“But in the meantime NVIDIA finally threw the 145. If it can do that, that’s that area.
“800 million. Yeah Jensen’s, like, he’s got a program. He’s got a program. Shouldn’t he sell some? When I worked with Steve Balmer he had millions of shares of, I was trying to get him to diversify, he said I want to buy more Microsoft.
Recently, Cramer commented on Huang and his hopes surrounding US-China trade tensions:
“[On Huang wanting China to have access to NVIDIA chips] Yeah he does, because he doesn’t have, he just wants to give them the Biden. The Biden chip. The H20.”
9. Snowflake Inc. (NYSE:SNOW)
Number of Hedge Fund Holders In Q1 2025: 94
Snowflake Inc. (NYSE:SNOW) is another frequently discussed Jim Cramer stock. The firm’s shares have 40.6% year-to-date on the back of several catalysts such as strong quarterly and full-year revenue guidance along with significant exposure to the AI industry. Cramer’s previous comments about the firm have praised the firm’s CEO and speculated that perhaps Snowflake Inc. (NYSE:SNOW) was on the cusp of a breakout. Cramer believes CEO Ramaswamy has momentum and is an expert at closing deals. Given his positive views about the executive, it’s unsurprising that Cramer’s recent remarks about Snowflake Inc. (NYSE:SNOW) also revolved around its CEO:
“Ramaswamy came on and raised numbers on the show, Mad Money, stock was at 140, it’s going to 240. And I don’t know where it goes after that. But that has a terrific AI story. Really great.”
Here’s what he said earlier about the firm:
“Oh, Snowflake…. I mean, it is just, you know, I was thinking about this, but Ramaswamy first comes in, not sure, then he takes off, and why? Because the guy is cerebral, and he’s got a real good closing sense. And man, does he ever have momentum? He is project momentum.”
8. Dollar General Corporation (NYSE:DG)
Number of Hedge Fund Holders In Q1 2025: 55
Dollar General Corporation (NYSE:DG) is an American discount store retailer whose shares are up by 49% year-to-date primarily on the back of a 16% gain in June. The firm benefited from a strong Q1 earnings report which saw it beat analyst earnings estimates by 30 cents and revenue estimates by $130 million. Cramer’s previous comments about Dollar General Corporation (NYSE:DG) have pointed out that the firm imports a mere 4% of its goods from foreign manufacturers. This time around, he commented on Goldman Sachs downgrading the shares to Neutral from Buy:
“[On Goldman cutting Dollar General] That was brutal.”
Cramer recently Dollar General Corporation (NYSE:DG)’s consumer sentiment estimates:
“I had a, this outfit called HundredX on last night, it was a terrific Goldman guy who’s left Goldman to do this. Robert Pace. The indications of spend for the consumer, it’s going up. I mean, nothing is as it seems. I mean his work is just superb and it just says, right now the consumer is actually looking to spend more, maybe much more. That’s not what you get from Dollar Tree, Dollar General.”
7. RH (NYSE:RH)
Number of Hedge Fund Holders In Q1 2025: 46
RH (NYSE:RH) is a home-building supplies company whose shares have struggled in 2025 due to a sluggish housing market stemming from high interest rates. The shares have lost close to 53% year-to-date, fueled particularly by a devastating 40% drop in April after a weak earnings report coupled with bearish market sentiment after the Liberation Day Tariffs pummeled the stock. In his previous comments about the firm, Cramer pointed out that investors are worried by RH (NYSE:RH)’s balance sheet and expressed mixed viewpoints about CEO Gary Friedman’s ability to turn around the firm’s affairs. This time around, he commented on the stock in the context of general weakness in the housing market:
“Yeah that was brutal. Look. If you listen to Gary Friedman from RH, he would tell you that this is a horrible, horrible market. Now if you look at RH, I mean, that veiled sell was about the balance sheet I think. Now RH is down 50%, this is no boom. Remember, it’s certain, I’m saying, housing, that’s not great.”
Discussing RH (NYSE:RH)’s balance sheet, here’s what Cramer said earlier:
“[On interest costs coming down] And that’s why Gary Friedman’s company is going to make it.”
“I mean now he does talk about something that is kind of ironic and anyone whose in the furnishing business knows that the worst thing you could possible have is inventory. Too much inventory. But last night he turned that into a positive. He said listen, we happen to have huge amount of inventory. Now there a lot of people who say listen, he bought back a lot of stock with debt. So therefore he is, quote, in trouble. But I don’t know.”
6. lululemon athletica inc. (NASDAQ:LULU)
Number of Hedge Fund Holders In Q1 2025: 48
lululemon athletica inc. (NASDAQ:LULU) is a Canadian fitness apparel company whose shares have been caught in the midst of a broader weakness in the retail market. The shares are down by 37% year-to-date on the back of a particularly vicious 19.8% dip in June. lululemon athletica inc. (NASDAQ:LULU)’s shares sank after management revealed that it might have to increase prices and absorb the impacts of tariffs on its income statement. In his earlier remarks about lululemon athletica inc. (NASDAQ:LULU), Cramer has wondered whether he misjudged the firm’s competition. This time around he mentioned the stock as an afterthought in the sectors that aren’t doing well right now:
“Remember, it’s certain, I’m saying, housing, that’s not great. Housing, auto, and Lulu.”
Cramer discussed lululemon athletica inc. (NASDAQ:LULU) in detail after the disastrous earnings report. Here is what he said:
“I thought that LULU would do better. I thought that LULU would do better. I was quite surprised. I just, it was a bad conference call. It was a bad quarter. I am aghast to think that this could be… such a horrible situation. They had tariff problems. They had the wrong fashion. Everything went wrong for Calvin McDonald, and what can I say? I just don’t think he’s capable of being as bad as that stock was, 17 times earnings. It was a bad quarter, though. And you know… I’ve thought a lot about this, done a lot of soul searching, I am shocked at how they missed the quarter, and I wouldn’t be surprised if there weren’t some shakeups if that happened again.”
5. Intuit Inc. (NASDAQ:INTU)
Number of Hedge Fund Holders In Q1 2025: 87
Intuit Inc. (NASDAQ:INTU) is a software-as-a-service company that provides financial software that helps consumers and businesses manage their accounting, taxation, and other needs. As a result, its shares are dependent on economic activity. Intuit Inc. (NASDAQ:INTU)’s shares have gained 21% year-to-date primarily due to a 14% jump in May. The stock soared after the firm’s annual revenue and earnings guidance and its fiscal third quarter revenue and earnings beat analyst estimates. The strong numbers led to multiple share price target hikes for Intuit Inc. (NASDAQ:INTU). In his comments, Cramer shared that the firm is using Agentic AI:
“But then you look at Intuit that I have on tonight. They’re actually using Agentic. Terrifically.”
In his earlier comments about Intuit Inc. (NASDAQ:INTU), the CNBC host praised the firm’s business model:
“Now, each day has its own Mosaic… And why don’t we just throw in another one that I really like, Intuit? The small business person’s digital accountant, or so I like to think about the TurboTax division. Three aces there.”
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?”
3. AeroVironment, Inc. (NASDAQ:AVAV)
Number of Hedge Fund Holders In Q1 2025: 23
AeroVironment, Inc. (NASDAQ:AVAV) is an American defense contractor that provides a variety of products such as drones, communications technologies, and software products. The firm’s shares have gained 63% year-to-date primarily on the back of a 32% gain in June. AeroVironment, Inc. (NASDAQ:AVAV)’s stock soared after the firm’s fiscal fourth-quarter earnings saw it post $1.61 in EPS and $275 million in revenue. Both these metrics beat analyst estimates of $1.39 and $242 million. In his previous remarks about the company, Cramer defended the pre-earnings weak share price performance and attributed it to market noise. This time around, he delved into a little more detail regarding the weak sentiment:
“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.”
Cramer was quite optimistic about AeroVironment, Inc. (NASDAQ:AVAV) in January as well. Here is what he said:
“Oh boy, I really like it. It really is the solution, I think, in a lot of ways to a Pentagon budget that may be too bloated but needs to be more effective. I like AVAV and I gotta tell you, Wahid Nawabi, he’s been on the show and every time he’s been a star.”
2. Visa Inc. (NYSE:V)
Number of Hedge Fund Holders In Q1 2025: 165
Visa Inc. (NYSE:V) is one of the largest financial technology and payment platform providers in the US. Its shares have gained 9.7% year-to-date after facing a tumultuous ride on the stock market. Visa Inc. (NYSE:V)’s stock has lost 5.6% in June after regaining some ground from an earlier 7.3% dip. The shares dipped as the firm suffered in the aftermath of the Senate passing new legislation. This bill introduced federal oversight for stablecoins and led to speculation that retailers could shift to digital currencies and remove the firm from the payments legislation. Commenting on the risk-off sentiment, Cramer shared:
“We’ve gotta keep going on this Visa. . . Because a lot of our viewers think that these companies are really at risk. I actually think this is your chance to buy them. They’re always at risk and they always win.”
Cramer discussed these trends about Visa Inc. (NYSE:V) later during the day in Mad Money:
“Over the past couple of weeks, Visa and MasterCard, two of my favorite companies, have pulled back sharply from their all-time highs. Wall Street’s suddenly worried about the whole payments industry, might be threatened by advances in crypto, especially now that Congress looks like it’ll pass its GENIUS Act, which establishes a framework for regulating Stablecoins. Visa fell over 10% from its high, set on June 11, to its low last Friday… This morning I spoke with Visa CEO, Ryan McInerney, and Ryan told me, I think, a story which made me feel like that, that you’d be nuts to be in this, frankly.”
1. Mastercard Incorporated (NYSE:MA)
Number of Hedge Fund Holders In Q1 2025: 155
Mastercard Incorporated (NYSE:MA), like its larger peer Visa, has faced a roller-coaster ride on the stock market this year. The firm’s shares have gained 4% year-to-date as it navigates through one selloff after another. Mastercard Incorporated (NYSE:MA)’s shares sank by 12% in April after Liberation Day tariffs created worries about economic stability in America. Then, after it slowly regained the lost ground, the stock tumbled by 9.6% in June after the Senate passed legislation related to stablecoins and created worries about market share loss. Here is what Cramer said:
“We’ve gotta keep going on this. . .Mastercard. Because a lot of our viewers think that these companies are really at risk. I actually think this is your chance to buy them. They’re always at risk and they always win.”
Earlier the year, Cramer advised viewers to consider fintech bottoms when evaluating Mastercard Incorporated (NYSE:MA):
“Watch fintech. Fintech bottoms before actual fin. Fintech is like the best place to be, you know Mastercard is a travel, travel related company. I would watch that. I would watch Visa. Another travel related company. Because those have been part of the cohort. If they can overcome travel and the Affirms of the world can overcome the buy-now-pay-later, you’re gonna see a rally. You will see a rally.”
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