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.”
9. Casey’s General Stores Inc. (NASDAQ:CASY)
Number of Hedge Fund Holders In Q1 2025: 35
Casey’s General Stores Inc. (NASDAQ:CASY) is an American convenience store company based in Iowa. Since it isn’t a mega-retailer, the firm isn’t a regular feature on Cramer’s morning show. In fact, this appearance was the second time he discussed the firm in 2025. However, while Casey’s General Stores Inc. (NASDAQ:CASY) doesn’t appear much on Cramer’s show, he does discuss retailers quite a lot. A major contention the CNBC host has with retailers is prices. He believes Walmart and Costco will dominate the retail industry due to their ability to leverage scale to reduce prices. Cramer also discusses Target frequently and believes the firm should lower its prices. So, it’s unsurprising that his discussion of Casey’s General Stores Inc. (NASDAQ:CASY) also concerned prices:
“Now I had an outfit on last night that has lowered the prices and that is just crushing it. And that’s Casey’s, Casey’s General. David’s laughing. But Casey General is a convenience store that happens to have a breakfast pizza that is darn good. The numbers are extraordinary. The stock has had an incredible run, it’s up 25% for the year. Casey General is where people want to be. They only cater to rural territory.”
Mairs & Power mentioned Casey’s General Stores Inc. (NASDAQ:CASY) in its Q3 2024 investor letter. Here is what the firm said:
“The largest contributions to Fund relative performance during the period included was Casey’s General Stores, Inc. (NASDAQ:CASY), a convenience store operator that is gaining market share in part by leveraging data to drive market share gains and structurally higher margins in their business.”
8. J.Jill, Inc. (NYSE:JILL)
Number of Hedge Fund Holders In Q1 2025: 11
J.Jill, Inc. (NYSE:JILL) is an American women’s apparel firm headquartered in Massachusetts. The firm’s shares are down by a whopping 50% year-to-date making it one of the worst-performing retail stocks this year. Over the year, J.Jill, Inc. (NYSE:JILL)’s stock has bled 58.8%. The recent bit of turmoil surrounding the stock came in June when the shares sank by 16%. The dip came after the firm released its earnings report for the first quarter. The results saw the firm post 88 cents in adjusted earnings which was higher than 86 cents in analyst estimates. J.Jill, Inc. (NYSE:JILL)’s revenue sat at $153.6 million which fell short of $156.8 million of analyst estimates. However, the major reason the stock dipped was the firm’s announcement that it would withdraw its full-year outlook. Cramer’s comments about J.Jill, Inc. (NYSE:JILL) were short:
“Yeah they’re [JILL] irrelevant.”
During its earnings call, J.Jill, Inc. (NYSE:JILL)’s management asserted that while it was pulling its outlook, teams were nevertheless working to drive sales:
“Now for more on our outlook. As I mentioned, given the increased uncertainty with respect to the macroeconomic environment, along with our recent CEO transition, we are withdrawing our prior full year guidance and temporarily suspending our practice of providing forward guidance on most metrics. That said, our teams are diligently working to assess opportunities for improvement within the assortment, and we have taken swift actions to reduce inventory investments in floor sets beginning in the third quarter to better align with current demand trends. Quarter-to-date through May, total company sales are down mid-single digits compared to the prior year period. While comparisons get easier as we move forward, should sales continue to decline at this level, we would expect to see significant SG&A deleverage as well as further pressure on gross margin, driven by actions taken to ensure the movement of inventory in season.”
7. Microsoft Corporation (NASDAQ:MSFT)
Number of Hedge Fund Holders In Q1 2025: 284
Microsoft Corporation (NASDAQ:MSFT) is one of the largest technology companies in the world. 2025 has proved to be somewhat of a respite to the firm’s shares. Microsoft Corporation (NASDAQ:MSFT)’s stock had struggled in H2 2024 after investors became worried about AI and Azure profitability. However, this year, the stock has gained due to Microsoft Corporation (NASDAQ:MSFT)’s software exposure being immune from tariff-related uncertainty. The stock is up by 13.5% year-to-date after having gained 32% since late April. The firm benefited from a strong earnings report which saw its fiscal Q3 revenue of $70.07 billion beat analyst estimates of $68.4 billion and its $3.46 in earnings beat estimates of $3.22. Crucially, Microsoft Corporation (NASDAQ:MSFT)’s fiscal Q4 revenue midpoint guidance of $73.7 billion beat analyst estimates of $72.26 billion while Azure growth of 33% also beat the estimates. Cramer commented on a Citi note adding the firm to a 90-day catalyst watch:
“I think that was great. Remember Amy Hood just told a great story, CFO, last quarter.”
Cramer praised Microsoft Corporation (NASDAQ:MSFT)’s earnings in a recent Mad Money episode. Here’s what he said:
“Now, there was a time when these tech stocks couldn’t be on the 52-week high list unless they were led by an Alphabet or an Apple, or an Amazon. Instead, we’ll have to settle for Microsoft, which hit the high list today and has been flying ever since that last quarter, which indeed was a great one.”
6. Uber Technologies, Inc. (NYSE:UBER)
Number of Hedge Fund Holders In Q1 2025: 145
Uber Technologies, Inc. (NYSE:UBER) is the largest ride-sharing company in America. 2025 is proving to be quite a dynamic year for the firm as investor and industry attention focuses on autonomous ride-sharing platforms. In June, the NHTSA made a crucial announcement when it wrote in a letter that it would streamline the process for autonomous vehicles such as Tesla’s Cybercab. Uber Technologies, Inc. (NYSE:UBER)’s shares have gained 33% year-to-date as they have benefited from a 22% jump in February and an 11% jump in May. One notable development in May was JPMorgan increasing the firm’s share price target to $105 from an earlier $92 after holding discussions with the firm’s management. Cramer discussed recent Stifel coverage of Uber Technologies, Inc. (NYSE:UBER):
“Carl two very well written pieces by Stifel today. One is a Buy for Uber . . .[it was] very, very compelling, Uber, stop worrying, stop fretting, about the self-driving. They think they’re a winner. And I think [it].”
In his previous remarks, Cramer advised viewers to buy Uber Technologies, Inc. (NYSE:UBER):
“All right, here’s my deal. Lewis, I’ve got to tell you, David Faber talked about this today. You know, David Faber killed it when he was interviewing Elon Musk and there was this thing underneath his picture that said Tesla’s not going to buy Uber. I say you buy Uber. I think Uber is at the right level. It’s down huge since that interview. Buy buy buy.”
5. DoorDash, Inc. (NASDAQ:DASH)
Number of Hedge Fund Holders In Q1 2025: 81
DoorDash, Inc. (NASDAQ:DASH) is a food delivery company. Its shares have whipsawed throughout 2025 but so far they have gained 28% year-to-date. The stock sank by 14% in April after the Liberation Day tariff announcement but ended up gaining 26% until early May only to crash by 13.8%. This time, DoorDash, Inc. (NASDAQ:DASH)’s dropped as the firm’s $3 billion in Q1 revenue missed analyst estimates of $3.1 billion and the firm announced it would spend close to $4 billion on acquisitions. This spooked investors as worries of a business slowdown stemming from economic weakness made the acquisitions appear unwise despite the fact that management asserted it was not experiencing weakness. Here’s what Cramer said about DoorDash, Inc. (NASDAQ:DASH):
“I think DoorDash is terrific and it’s going be, it’s still further consolidator. . . . .And these are all ones I’d buy.”
Artisan Partners discussed DoorDash, Inc. (NASDAQ:DASH) in its Q1 2025 investor letter:
“DoorDash, Inc. (NASDAQ:DASH) is the leading food delivery platform in the United States by market share. The business exceeded investor expectations in its most recently reported quarter, demonstrating continued strong execution. Orders grew 19 percent year-over-year, supported by 14 percent growth in monthly active users, while adjusted EBITDA rose 56 percent. First-quarter 2025 guidance was better than consensus expected, calling for 20 percent gross order volume growth. Our investment case continues to play out, and we continue to believe that consensus underestimates DoorDash’s longer-term earnings power.”
4. Reddit, Inc. (NYSE:RDDT)
Number of Hedge Fund Holders In Q1 2025: 72
Reddit, Inc. (NYSE:RDDT) is a new-age social media company that has proven to be one of the most important stocks in today’s AI era. The firm’s platform allows complete anonymity to posters and allows it to gather a diverse set of viewpoints. This enables Reddit, Inc. (NYSE:RDDT) to provide key data for training AI models and it’s an aspect that’s also caught Cramer’s attention. He believes that the firm is a data mine for AI companies. His previous remarks about Reddit, Inc. (NYSE:RDDT) have praised its management and stressed that it is one of the top plays in digital advertising. Here are his latest thoughts:
“But these are two of the companies, along with Reddit. . .they came from a particular era of IPO. Of winners. And these are all ones I’d buy.”
For Cramer, Reddit, Inc. (NYSE:RDDT) is a top stock. Here are his recent thoughts:
“Okay, I want you to buy Reddit here. Let me tell you something, this stock has been coming down. It was a short squeeze, went all the way up to 200. That shouldn’t have happened. I think Steve Huffman is doing a remarkable job, and you are onto something. Reddit, I think, is probably the best bang, really the best bang for the buck that there is right now in advertising and people don’t realize that. I’ve done so much more work on this. I can’t even tell you how much work I’ve done on this, and I keep coming back and… you know what, Insta is second. Alright, TikTok second, kind of even. First is going to be Reddit, bang for the buck. You are onto something because the verticals are so precise. They’re so precise…. I used to say TikTok first. I used to say Insta first. No, their backseat to Reddit. You heard it from me.”
3. Airbnb Inc (NASDAQ:ABNB)
Number of Hedge Fund Holders In Q1 2025: 66
Airbnb Inc (NASDAQ:ABNB) is a hospitality provider whose shares are up by a modest 3% year-to-date. The stock has suffered amidst a selloff in the broader travel industry due to economic concerns. Cramer has called the selloff the end of a ‘travel bull market’ and bemoaned the end of one sector that had performed well in 2025’s early months. Since their February peak, Airbnb Inc (NASDAQ:ABNB)’s shares have lost 16%. Cramer’s previous comments about the stock have speculated that the dip is part of a self-fulfilling prophecy which means that people start selling once they start believing a stock will fall. His latest remarks were quite upbeat:
“But these . . .companies, along with . . .AirBnB, they came from a particular era of IPO. Of winners. And these are all ones I’d buy.”
Cramer discussed Airbnb Inc (NASDAQ:ABNB) in detail after the firm’s Q1 earnings. Here’s what he said:
“One of the things that came up on the AirBnb call last night, we’ll see that stock down, is that travel bull market over. I mean we know Booking’s didn’t have a perfect number.
“Okay so Brian Chesky has this annoying habit, I happen to like Brian from 2008, he has this annoying habit of finding something that’s wrong. Let the analysts do it Brian! You don’t have to do it. I liked the quarter. He did have this, you know there’s this, not a lot of bookings done, in this one window, and that indicated to him that something’s wrong. This guy goes out of his way to keep a Sell on his own stock. Brian take your, take your view of AirBnb, take it to a Hold. . . I want to like wring his neck, I like him so much.
“I just think that the issue with AirBnb is just that as long as hotels are very expensive, then you go AirBnb. Brian’s gotta stick to that script. And I like him so much I’m joking about obviously, but he does have this kind of bent about him to find the negatives. I would have come up with the other, which is that boy I’ll tell you, if we do have a slowdown, remember how well we do. And remember even in COVID people used to go from one place to another. My daughter she was teaching English in Spain. On the weekends, she would go from one part of Spain to another cause that’s what you did! That’s gonna come back. Brian’s gotta get a little more positive.”
2. Cardinal Health, Inc. (NYSE:CAH)
Number of Hedge Fund Holders In Q1 2025: 60
Cardinal Health, Inc. (NYSE:CAH) is one of the biggest healthcare products and services providers in America. The shares are up by 36% year-to-date as they have benefited from strong earnings and other tailwinds. Cramer has discussed Cardinal Health, Inc. (NYSE:CAH) several times in 2025. He believes that the firm’s specialty pharma business is a key differentiating factor and added that it could benefit if the Trump Administration decides to shake things up in the pharmaceutical supply chain. Here are his latest thoughts about Cardinal Health, Inc. (NYSE:CAH):
“Okay, you know I got a company, I mentioned it yesterday, Cardinal Health. These, it’s not a middleman. Everyone thinks it’s just a middleman. Jason Hollar’s carving out a real place to make healthcare, let’s say better, streamlined, and cheaper. I just think this guy’s terrific, and I’m happy to have him on the show. He’s not a villain.”
Cramer discussed Cardinal Health, Inc. (NYSE:CAH) in detail in May. Here is what he said:
“These stocks. . .are seemingly perpetual residents on the new high list. Over the long haul, they’re some of the best performers out there, and they’ve done great this year, as is pretty much always the case. And yet, doesn’t it always feel like the drug distributors are just one bad day away from falling apart… Let’s not forget that the drug distributors are making fortunes right now. Cardinal Health turned in an excellent set of numbers two weeks ago with double-digit earnings growth. Management put through a big boost in their full-year earnings forecast. Cardinal stock jumped 3% in response, climbing from $141 to $145, and it kept running for really a week after that, eventually setting at an all-time high of $154 just last Thursday. What a fabulous move…
The big negative development for the drug distributors came midweek when Politico reported that President Trump would be reviving an effort to dramatically cut drug costs by adopting what’s known as the Most-Favored-Nation pricing for Medicare…
As a result, all the drug distributors are either flat or slightly lower this week… so that’s the conundrum with these middlemen. Cardinal, Cencora, and McKesson are all doing incredibly well, but like I said before, there always seems to be a threat that they could be regulated out of existence…
Now, if you really want to own one, and I do like this one, Cardinal Health is the one to do it with because it provides a lot more value-added services than the others. Now, we’ve had Cardinal on several times, and I think they’re doing some very innovative things. They are impressive, they’re beyond middlemen.”
1. UnitedHealth Group Incorporated (NYSE:UNH)
Number of Hedge Fund Holders In Q1 2025: 139
UnitedHealth Group Incorporated (NYSE:UNH) is one of the biggest healthcare benefits managers in America. It is also one of the most troubled stocks in its sector. UnitedHealth Group Incorporated (NYSE:UNH)’s shares have lost 37.9% year-to-date on the back of a massive 27% drop in April. The shares sank after a disastrous earnings report for the first quarter saw it miss analyst estimates and lower full-year outlook. Cramer has discussed UnitedHealth Group Incorporated (NYSE:UNH) several times in his show. He believes that recent reports of the firm being investigated might be untrue since its management has continued to buy shares. Here are his latest thoughts about UnitedHealth Group Incorporated (NYSE:UNH):
“Hey by the way, there was a downgrade of UNH, UnitedHealth. It’s time for that CEO to start appearing somewhere. He’s in a bunker right now. The bunker’s a bad place.”
Cramer has discussed UnitedHealth Group Incorporated (NYSE:UNH)’s insider buying in quite a bit of detail. Here are his recent remarks:
“People sell things for many reasons, right. They get divorced, I don’t know about that. They get maybe something happens in their family, they need money. But David, why do they buy? Sometimes they buy because there’s a bargain. Now typically these insiders, maybe they buy like 1500 shares. Well how about if you bought, you’re Stephen Hemsley, returning CEO, who acquired 86,000 shares at 288. That’s pretty, you know 25 mil.
“And then, Kristen Gil, director, what, 3700 shares. Timothy Patrick, director, 1553. The CFO, come right in, the CFO’s in there buying the heck out of it too. 5 million. So I just say to myself, if they really knew, like the Journal says that they’re being investigated criminally, that’s a very big buy that would obviously go away.
“Absolutely, but remember it is a fine company. I don’t think the franchise, unless it’s indicted, is going to go away. So let’s just say [inaudible] I was convinced that maybe we’re too negative. At the 300 level.”
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