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Jim Cramer Says Recession Is Not Coming and Recommends These 11 Stocks

In this article, we will take a detailed look at the Jim Cramer Says Recession Is Not Coming and Recommends These 11 Stocks. For a quick overview of such stocks, read our article Jim Cramer Says Recession Is Not Coming and Recommends These 5 Stocks.

On December 14, an enthusiastic Jim Cramer announced on his program on CNBC that the much-dreaded recession in not coming and pricing stability has been achieved by the Federal Reserve.

“Powell does not want to declare victory… I will declare victory for him, Cramer said.”

 Cramer said with the latest Fed decision, it is clear that “interest rates have peaked” and that we “now have the wind at our backs for some, not all, stocks.”

Jim Cramer said that now the market bears are “trapped.” Cramer said these bears could never embrace the possibility that Jerome Powell could “engineer” a “terrific” soft landing.

Jim Cramer, who kept recommending quality stocks like Apple Inc (NASDAQ:AAPL), Meta Platforms Inc (NASDAQ:META), Amazon.com, Inc. (NASDAQ:AMZN) and Microsoft Corp (NASDAQ:MSFT) throughout 2023 and advised investors to stay away from companies that are losing money, said we are now “ready” for rate cuts. Cramer expects three rate cuts in 2024 and said three rate cuts would mean “smooth sailing for stocks.”

Which Stocks Jim Cramer Recommends to Play Interest Rate Cuts?

Jim Cramer is highly bullish on bank stocks after the Fed’s indication of rate cuts. Cramer said bank stocks were among the most shunned stocks but in an environment where rates could decline and defaults will slow, these stocks are positioned for strong gains. Cramer said financial stocks could surpass the Magnificent Seven group in terms of percentage gains in 2024. He also said regional banking stocks never came back from their lows seen during the banking crisis of 2023 and now could be the time to pile into these companies. The analyst also said companies like Stanley Black & Decker and Caterpillar, in which Cramer’s charitable trust has positions, were “made for this moment” and are well-positioned to benefit from the rate cut environment.

Fed No Longer Our “Enemy”

Cramer said that the Fed sounded more worried about a slowdown than inflation, which is good news for investors. Cramer also said that Fed is now on the side of those who own stocks. Cramer said the Fed is “no longer our enemy” and it is “much more likely to become our pal.”

Glass Half Empty?

Cramer said that there’s another side of the story which he calls the “glass half empty version.” Cramer said skeptics can say that the Fed would cut rates in 2024 because it increased rates too aggressively and a few rate cuts would still leave us with possibilities of recession and an elevated interest rate environment. These skeptics, according to Cramer, also say because of aggressive rate hikes sooner or later there would be a recession and the economy could “stall.” Cramer, however, rejected this notion and said he is not sure how people come up with such “ill-advised arguments” when we have strong employment data. He also said that with more people coming back to workforce, he does not believe wages will keep soaring.

Methodology

For this article, we saw several latest programs of Jim Cramer aired after the Fed’s latest policy statement on December 13. Cramer recommended these stocks to callers and questioners on his program and gave reasons for his bullish stance, which we have mentioned in our article. We ranked these stocks in ascending order of the number of hedge fund investors. Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). That’s why we pay very close attention to this often-ignored indicator.

11. Whirlpool Corporation (NYSE:WHR)

Number of Hedge Fund Investors: 22

Jim Cramer believes investing in Whirlpool Corporation (NYSE:WHR) is one of the “best ways to play the change” in the Fed’s stance. Cramer regretted he didn’t buy the stock earlier.

In November, Whirlpool Corporation (NYSE:WHR) revealed in an SEC filing that the company plans to sell about 24% of its ownership interest in Whirlpool Whirlpool Corporation (NYSE:WHR) of India Limited in 2024.

10. Samsara Inc (NYSE:IOT)

Number of Hedge Fund Investors: 24

Jim Cramer in a recent program praised IoT-based monitoring solutions company Samsara Inc (NYSE:IOT) and said can Samsara Inc (NYSE:IOT) could “be acquired” if it does not keep going “higher?”

A total of 24 hedge funds out of the 910 funds tracked by Insider Monkey had stakes in Samsara Inc (NYSE:IOT).

In November, Samsara Inc (NYSE:IOT) posted Q3 results. Adjusted EPS in the period came in at $0.04, beating estimates by $0.03. Revenue jumped about $237.5 million, beating estimates by $11.77 million.

9. Prudential Financial Inc (NYSE:PRU)

Number of Hedge Fund Investors: 28

Jim Cramer recommended investors to “hang on” to Prudential Financial Inc (NYSE:PRU). Cramer likes the stock’s dividend yield and was surprised the stock is up just about 3% for the year despite a strong price target and ratings upgrade.

“I think you’ve got a keeper,” Cramer said of Prudential Financial Inc (NYSE:PRU).

A total of 28 hedge funds out of the 910 funds tracked by Insider Monkey had stakes in Prudential Financial Inc (NYSE:PRU). The most significant stake in Prudential Financial Inc (NYSE:PRU) is owned by Dmitry Balyasny’s Balyasny Asset Management which owns an $106 million stake in Prudential Financial Inc (NYSE:PRU).

8. Rivian Automotive Inc (NASDAQ:RIVN)

Number of Hedge Fund Investors: 35

Recently, in a program on CNBC, a caller asked Jim Cramer about his thoughts on American EV company Rivian Automotive Inc (NASDAQ:RIVN) and whether he should take profits on the stock. Cramer said that Rivian Automotive Inc (NASDAQ:RIVN) “is up a lot” but recommended the caller to sell half of the stake he owns to take profits and hold the rest of the stake for further gains. Cramer said that Rivian Automotive Inc (NASDAQ:RIVN) is a “survivor.” Rivian Automotive Inc (NASDAQ:RIVN) stock is up by about 40% year to date.

As of the end of the third quarter of 2023, 35 hedge funds out of the 910 funds tracked by Insider Monkey had stakes in Rivian Automotive Inc (NASDAQ:RIVN). The biggest stakeholder of Rivian Automotive Inc (NASDAQ:RIVN) was Daniel Sundheim’s D1 Capital Partners which owns a $327 million stake in Rivian Automotive Inc (NASDAQ:RIVN).

In addition to RIVN, Jim Cramer also loves Apple Inc (NASDAQ:AAPL), Meta Platforms Inc (NASDAQ:META), Amazon.com, Inc. (NASDAQ:AMZN) and Microsoft Corp (NASDAQ:MSFT).

Here is what Baron Global Advantage Fund has to say about Rivian Automotive, Inc. (NASDAQ:RIVN) in its Q3 2023 investor letter:

“Shares of Rivian Automotive, Inc., a U.S.-based electric vehicle manufacturer, continued their volatile trading, and after declining during the first half of 2023, rose 45.7% during the third quarter. Rivian’s unit economics are improving as a result of several factors: i) the company’s production rate is increasing, which enables it to better absorb fixed costs; ii) Rivian is ramping-up the usage of more price effective technologies, such as LFP batteries and its in-house developed motor, Enduro; and iii) the company is benefiting from renegotiated supplier agreements, as its scale and purchasing power have significantly increased over the last few years. Management expects continued progress in profitability ahead as Rivian further scales production. We remain shareholders and believe that the release of Rivian’s new smaller SUV dubbed R2, which is planned for early 2024, would enable the company to compete in the higher volume SUV segment, and significantly expand its addressable market. On the liquidity front, we expect the company to raise additional funds to support its longer-term business plans.”

7. Teradyne Inc (NASDAQ:TER)

Number of Hedge Fund Investors: 38

Jim Cramer was recently asked whether Teradyne Inc (NASDAQ:TER) was a good stock for the long run. Cramer’s reply was an instant yes as he believes it’s a well-run company. Cramer recommended the questioner to buy Teradyne Inc (NASDAQ:TER). The automatic test equipment designer’s stock has gained about 23% year to date.

As of the end of the third quarter of 2023, 38 hedge funds out of the 910 funds tracked by Insider Monkey had stakes in Teradyne Inc (NASDAQ:TER). The biggest stake in Teradyne Inc (NASDAQ:TER) belongs to Catherine D. Wood’s ARK Investment Management which owns a $143 million stake in Teradyne Inc (NASDAQ:TER).

6. Royal Caribbean Cruises Ltd (NYSE:RCL)

Number of Hedge Fund Investors: 41

Talking about cruise stocks in one of his latest programs, Jim Cramer said that Royal Caribbean Cruises Ltd (NYSE:RCL) is his first choice in the sector while Carnival Cruise Line is his least favorite.

As of the end of the third quarter of 2023, 41 hedge funds out of the 910 hedge funds tracked by Royal Caribbean Cruises Ltd (NYSE:RCL).

Like Apple Inc (NASDAQ:AAPL), Meta Platforms Inc (NASDAQ:META), Amazon.com, Inc. (NASDAQ:AMZN) and Microsoft Corp (NASDAQ:MSFT), Jim Cramer and hedge funds are bullish on Royal Caribbean.

Ariel Fund made the following comment about Royal Caribbean Cruises Ltd. (NYSE:RCL) in its Q2 2023 investor letter:

“Several stocks in the portfolio had strong returns over the period. Global cruise vacation company, Royal Caribbean Cruises Ltd. (NYSE:RCL), was one of the top 3 performers in the S&P 500 during the quarter. Shares surged following a significant top- and bottom-line earnings beat, as stronger than anticipated consumer demand is driving a record WAVE season. Forward booking trends are also ahead of historical ranges at record pricing. These factors combined with further improvement in onboard spend and solid cost containment led management to increase RCL’s full-year 2023 guidance. We believe the revised revenue and earnings outlook lays the foundation for RCL to exceed its’ three-year strategic imperative, the Trifecta Program.”

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Disclosure. None. Jim Cramer Says Recession Is Not Coming and Recommends These 11 Stocks was initially published on Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

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Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

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