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 remarked that he was tired of businesses pretending to have AI capabilities. The TV host believes that AI can create great opportunities in the medical industry as well. According to him:

“I keep hoping that they do some big deals on cancer. I’ve been listening to a lot of people who’re claiming that they have AI. And it’s starting to bother me again because they are doing spreadsheets and calling it AI. After working with all of the sites that are now saying they’re really good at math, they’re all full of math. What bank would let them in.”

Cramer also commented on the state of the housing market in the US. Starting with mentioning how recent activity in the bond market led to housing stocks making gains, he remarked:

“The last few days with the bond market, we’ve seen Lennar go up, we’ve seen Toll Brothers go up. But David when you wanna buy a house in this country, it’s too expensive and it never came down the way it was supposed to come down because there’s not been enough construction. We never talk about it.”

Shifting gears, he mentioned a research report that had shared that Americans were becoming accustomed to recent economic data. Tying in the sentiment with President Trump’s tariffs, Cramer commented:

“These numbers they talk about how, people are actually getting much more sanguine, that they’re getting much happier, is reflected in this market. I think there’s a level of hope that we haven’t had this year. Because July 9th will come, and it’ll either go with a promise of extension or we’ll have a deal.”

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 11th.

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).

11. lululemon athletica inc. (NASDAQ:LULU)

Number of Hedge Fund Holders In Q1 2025: 48

lululemon athletica inc. (NASDAQ:LULU) is a Canadian retailer that sells athletic apparel and associated products. The firm’s shares are down by 36% year-to-date primarily on the back of a massive 20% drop in June. lululemon athletica inc. (NASDAQ:LULU)’s shares sank after the firm warned about the impact of tariffs and added that it would have to raise prices. In his previous remarks about the company, Cramer discussed the quarter in detail and lamented that he had believed lululemon athletica inc. (NASDAQ:LULU) would be in a better place. This time around, he maintained his opinion and added that his evaluations of the firm’s competition were also incorrect:

“I think I misjudged LULU, I misjudged the competition.”

Cramer’s previous comments about lululemon athletica inc. (NASDAQ:LULU), made ahead of June’s quarter report discussed the firm in detail:

“[The stock] sold off some more after Liberation Day because Lulu has a huge manufacturing presence in Vietnam, which was set to be hit with a 46% tariff…. Once those reciprocal tariffs got delayed, Lulu was able to mount a comeback. But can this rebound continue? I’m cautiously optimistic. I’m going to tell you why. First, I’m still hopeful that the tariffs on Vietnam won’t end up being anywhere near that 46% level that was announced on Liberation Day…

Second, I also believe that the consumer’s doing better than most of Wall Street seems to assume, in keeping with that much stronger-than-expected consumer sentiment number we just got yesterday. Even when consumer sentiment looked terrible, actually consumer spending never really took a hit, though…. The company has a strategic plan in place, which is focused on product innovation, the guest experience, and the market expansion. They’re very rigorous about this. They’ve been doing this for a couple of years. It’s been paying off…

Unlike the setup for the previous quarter where expectations were sky high after Lulu had raised its outlook just a couple weeks before the quarter ended, expectations feel very low right now. Oh, I like this setup…

I think it should be bought, given that expectations for the company are now lower than at any point dating back to mid-2024, which was a great time by the way to buy LULU. This is reflected in the company’s forward price-to-earnings ratio, which currently stands at just 21 times earnings. That’s nearly a 50% discount to the stock’s average valuation over the past five years. Good timing.

So the bottom line: lululemon is a beaten-down retail that I think can continue making a comeback. We’ll see what happens next week, but for the time being, I am inclined to take a chance here. Maybe do it with call options, deep in the money. Why not? The expectations for lululemon are so low that the risk-reward seems pretty skewed to the upside.”

10. Target Corporation (NYSE:TGT)

Number of Hedge Fund Holders In Q1 2025: 62

Target Corporation (NYSE:TGT) is a frequent appearance on Cramer’s morning show. He often discusses the firm in the context of other retailers such as Walmart and Costco. However, while Cramer is optimistic about Walmart and Costco’s ability to withstand the inflationary impacts of President Trump’s tariff, he isn’t so confident about Target Corporation (NYSE:TGT). A key point on Cramer’s mind is price. He has asserted multiple times that the firm has to lower its prices and bring them down to pre-COVID levels in order to be competitive. Cramer holds this opinion because Walmart and Costco are able to leverage their scale to provide customers with lower prices and attract foot traffic. Here are his latest thoughts about Target Corporation (NYSE:TGT):

“I think Target has to really start making a statement that we’re going to lower prices. Now they’re going to say they have lower prices. They’re going to have to lower them to 2018. . . in every aisle there has to be two to three items that are 2018. That’s what they have to do.

“They have to get themselves relevant by having a couple of items each aisle that are below, that have to come under Walmart. It can happen.

“The play is to. lower the prices. That’s how they have to do it. They have to.”

In his previous comments about Target Corporation (NYSE:TGT), Cramer discussed the firm’s business in detail:

“Right but Brian was very upset. Wanted to do much better. Recognizes that frankly that his prices might be too high. Has to discount more. . .look, let’s just call it. It was a bad quarter. Now I know when I pressed him on these DEI issues when there was backlash, he did not say there was. And I just went back and asked about the conference call that they just did with reporters and again, he’s just insisting that it’s not really, it’s not, just not mentioning it as being a factor. I find that, surprising. But David, the problem with Target I think, and I’m gonna come back. . .is scale.

“They did buy back a lot of stock. . . they must have had much more faith than the street. You know they bought back 2.2 million shares at a 114 dollars a share. I would have never done that. Plays down any backlash from DEI. But the most important thing here, Carl, I just find is, this has been a, become a typical thing that Target has become a serial disappointer.

“I am questioning, how well it’s doing. It’s not big enough. They’re not opening a lot of stores, it’s part of urban strategy that seemed just okay. There were issues even, you know, off of George Floyd, but they recovered very quickly. . . .But I think that that’s more, if you might show some others, yeah Walmart’s really good too, TJX is really good too.

“Go look at the prices, when I. . .would walk with Brian through a Target store, I said this is too high, this is too high, this one’s too high. Where is the 2019? How about 2019 prices? I know that right now Walmart’s got some 2019 prices.

“Look, when you put up a chart of Dollar Tree, Dollar General, not Dollar Tree. Dollar General, I think that if Target can really lower price, you can have a kind of a conversion of. . .

“I’ve gone over this with Brian many times. I think everyone loves to go to Target. They’ve got those great brands that are their own. They have to cut price, cut price, cut price. They have no choice. They have to cut price.”