On Wednesday’s episode of Mad Money, host Jim Cramer discussed why the market is highly favorable for active investors.
“Right now, it is a wild chase, a mad dash so to speak, to make money wherever it can be found, IPOs, mergers and acquisitions, giant upside surprises. When the gangs don’t see bounty in one part of the market, they swing to another like lightning.”
READ ALSO: 15 Stocks Jim Cramer Commented On and Jim Cramer Recently Discussed 12 Stocks.
He pointed to the reaction surrounding CoreWeave as a clear example. He noted that when sentiment turned negative on that company, many investors took it as a broader signal to exit artificial intelligence plays altogether. He mentioned that it triggered a shift back into more traditional software companies, ones that have seen significant losses.
Cramer also highlighted how certain macroeconomic data points are influencing these rapid movements. On Wednesday, mortgage applications saw a rise, which he linked to a drop in interest rates the previous week. He said that it lit a spark under housing-related stocks. It was another example, in his words, of “roving money” jumping from one opportunity to the next.
“The bottom line: Yes, the good times are rolling. It’s not the end of the world. It’s just the end of the staid world of just nothing but index buying by people who don’t want you to make money. We’re back to the old world where people like me want you to make money, and we will get you there, okay? That’s what we’re going to do. It’s not a gangster’s paradise. It’s a buyer’s paradise. Get used to it because it very well may be here to stay.”
Our Methodology
For this article, we compiled a list of 14 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on August 13. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the first quarter of 2025, which was taken from Insider Monkey’s database of 1,000 hedge funds.
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).
Jim Cramer Shed Light on These 14 Stocks
14. Texas Roadhouse, Inc. (NASDAQ:TXRH)
Number of Hedge Fund Holders: 47
Texas Roadhouse, Inc. (NASDAQ:TXRH) is one of the stocks Jim Cramer shed light on. Cramer showed bullish sentiment for the company in the longer term, as he remarked:
“Recently, for instance, Texas Roadhouse gave you a +5.8% same-store sales number, very strong revenues too, but they missed the earnings numbers, and that’s because they chose not to take price even as the cost of beef skyrocketed. The decision to keep their dinners at $11 was costly, but Texas Roadhouse sensed it was the wrong time to raise price, and they were right. The stock dropped 12 points. We sold some of the stock for the Charitable Trust in the spring, very high, before the earnings report, and we bought some of those shares back on Friday after the price collapsed because I think they did the right thing. We will buy the rest if the stock trades lower. They read the room correctly, and I think they’ll benefit from that longer term.”
Texas Roadhouse, Inc. (NASDAQ:TXRH) operates and franchises casual dining restaurants under brands including Texas Roadhouse, Bubba’s 33, and Jaggers. The company provides a variety of food and beverages.
13. Sweetgreen, Inc. (NYSE:SG)
Number of Hedge Fund Holders: 27
Sweetgreen, Inc. (NYSE:SG) is one of the stocks Jim Cramer shed light on. Cramer highlighted that the company’s restaurant meals are costly. He said:
“Here’s something you never hear from the restaurant companies that are losing customers, even though it’s the truth: our meals cost too much. Unfortunately, that’s exactly what’s going on with two formerly red-hot restaurant chains, Sweetgreen and CAVA… Last week… the salad chain announced that its same-store sales had fallen by 7.6%. Wall Street was looking for a 5.5% decline. Sweetgreen lost 20 cents per share. The analysts were only looking for an 11-cent hit.
… To me, it’s pretty clear what’s going on. CAVA and Sweetgreen have to lower their prices or give us a couple of much lower-priced dishes if they want to turn things around. For now, they’re pricing themselves out of this American market. I get why they’re reluctant to cut prices. What business wants to lower margins?… The problem is, unlike McDonald’s, they’re either maybe too proud or too obtuse, I don’t know, to realize that the consumer’s gotten serious about avoiding high-priced foods, including theirs, even though the food is fresh and good.”
Sweetgreen, Inc. (NYSE:SG) operates fast-food restaurants that serve healthy food and drinks, with ordering also available online or through its app.
12. CAVA Group, Inc. (NYSE:CAVA)
Number of Hedge Fund Holders: 41
CAVA Group, Inc. (NYSE:CAVA) is one of the stocks Jim Cramer shed light on. Cramer discussed the company’s pricing during the episode, as he remarked:
“Brett Schulman, who’s a very perceptive man, the CEO of CAVA said, ‘We have a fluid… macroeconomic climate.’ He told Restaurant Business, which is an excellent trade publication, that the macro climate was like a fog, a fog that the consumer’s trying to find her way through… He goes on to say, ‘I think the consumer is less firm-footed, less ebullient than they were last year… To me, it’s pretty clear what’s going on. CAVA and Sweetgreen have to lower their prices or give us a couple of much lower-priced dishes if they want to turn things around. For now, they’re pricing themselves out of this American market. I get why they’re reluctant to cut prices. What business wants to lower margins?…
Now of these two problem children, Sweetgreen and CAVA, I think CAVA is in much better shape. It has a better balance sheet. It means CAVA can afford to take its medicine, cut prices to bring the customer back. I think they will do it, which is why, after all this, call me a buyer of CAVA. There’s nothing wrong with taking the medicine…
The problem is, unlike McDonald’s, they’re either maybe too proud or too obtuse, I don’t know, to realize that the consumer’s gotten serious about avoiding high-priced foods, including theirs, even though the food is fresh and good.”
CAVA Group, Inc. (NYSE:CAVA) operates a restaurant chain under the CAVA brand and sells dips, spreads, and dressings through retail channels.
11. Uranium Energy Corp. (NYSE:UEC)
Number of Hedge Fund Holders: 31
Uranium Energy Corp. (NYSE:UEC) is one of the stocks Jim Cramer shed light on. When a caller inquired about the company, Cramer commented:
“I like nuclear… Do I care that it’s up in a straight line? Not anymore. No. Because like Oklo, when I bought that, I told you, buy that Oklo, doubled. I want money to be made. That’s what I’m here for.”
Uranium Energy Corp. (NYSE:UEC) explores, extracts, and processes uranium and titanium concentrates, holding a broad portfolio of mining projects and processing facilities. A caller sought Cramer’s advice regarding the company stock in February, and he replied:
“No, I, I, you know, I think that uranium, we all felt that there was so much business from the data centers but you know what? You’re in the one that is for long-term good. That’s the one you’re okay in… So I’m not gonna tell you to sell it down here. Can’t tell you to buy it though.”
Since the above comment, Uranium Energy Corp. (NYSE:UEC) stock is up by nearly 90%.
10. UnitedHealth Group Incorporated (NYSE:UNH)
Number of Hedge Fund Holders: 139
UnitedHealth Group Incorporated (NYSE:UNH) is one of the stocks Jim Cramer shed light on. Cramer showed a slight bit of optimism toward the company as he said:
“I think UnitedHealth’s going to work here… I think it’s going to work. I really do. Look, I’m not a believer. I don’t like the fact that they had shenanigans, but I will say this: I think that the company is run by a very good CEO. It could come back.”
UnitedHealth Group Incorporated (NYSE:UNH) provides health benefits, pharmacy care, care delivery, and health management services. In addition, the company offers data analytics and technology-driven solutions for individuals, employers, governments, and health systems. During the August 7 episode, when a caller inquired about the company stock, Cramer responded:
“I have long known, this is something I learned probably in my second decade of trading or investing: You do not buy or sell something where you have no idea what is really happening. And at UnitedHealth, there isn’t anyone other than the CEO and probably 52,000 lawyers who has any idea what’s going on.”
9. Arcus Biosciences, Inc. (NYSE:RCUS)
Number of Hedge Fund Holders: 35
Arcus Biosciences, Inc. (NYSE:RCUS) is one of the stocks Jim Cramer shed light on. When a caller asked about the company during the lightning round, Cramer said:
“I’m of two minds here. Here’s the problem. One is, is that they’re losing a lot of money. But second, there’s room for one speculation in everybody’s portfolio. Let this be your speculation. But if you do this, you have to promise me that the other stocks are not going to be speculative because it’s too risky to just bank it all on Arcus. Too risky.”
Arcus Biosciences, Inc. (NYSE:RCUS) is a clinical-stage biopharmaceutical company developing cancer therapies, including antibodies and small-molecule inhibitors targeting various tumor pathways. The company’s pipeline addresses multiple cancers, such as lung, kidney, pancreatic, and colorectal. On August 6, Arcus Biosciences, Inc. (NYSE:RCUS) reported revenue of $160 million, which was up over 310% year-over-year. The company closed the June quarter with cash, cash equivalents, and marketable securities of $927 million compared to $992 million at the end of the December 2024 quarter.
8. AGCO Corporation (NYSE:AGCO)
Number of Hedge Fund Holders: 27
AGCO Corporation (NYSE:AGCO) is one of the stocks Jim Cramer shed light on. During the episode, Cramer highlighted the stock’s rebound from April lows. He commented:
“What’s happening at AGCO, the big maker of agricultural equipment and precision ag technology? Quietly, over the past few months, this stock has rebounded from its April lows, and I’m wondering if it might have even more upside. When AGCO reported at the end of July, it delivered a much better-than-expected series of numbers.
Even though it’s still looking at steep year-over-year sales declines, didn’t matter. What matters is that it’s beating expectations. It delivered a 27-cent earnings beat off a dollar-o-eight ($1.08) basis while also raising its full-year forecast, which is why the stock jumped more than 10% in response. While it’s pulled back a bit since then, it’s up 55% since its April lows.”
AGCO Corporation (NYSE:AGCO) manufactures agricultural equipment, including tractors, harvesters, and application machinery. The company also provides grain storage systems, animal housing equipment, and replacement parts.
7. International Business Machines Corporation (NYSE:IBM)
Number of Hedge Fund Holders: 57
International Business Machines Corporation (NYSE:IBM) is one of the stocks Jim Cramer shed light on. A caller asked for Cramer’s thoughts on the company, and he remarked:
“Okay, I didn’t think IBM’s quarter… was all that bad at all. I think you have a major opportunity down here because I think that we’re going to start talking about IBM and quantum. I think they have the lead in quantum, and I think quantum really does matter. They have a great software package. They’re doing so many things that are good.
Against that, let me tell you what’s really going on. The chart’s bad, and people are saying it’s a head and shoulders. Now, you and I both know there comes a time when you have to step in if the fundamentals are right, and I think we’re there, okay.”
International Business Machines Corporation (NYSE:IBM) provides integrated solutions across software, consulting, infrastructure, and financing. The company offers hybrid cloud and AI platforms, technology services, and IT financing solutions.
6. CME Group Inc. (NASDAQ:CME)
Number of Hedge Fund Holders: 73
CME Group Inc. (NASDAQ:CME) is one of the stocks Jim Cramer shed light on. Cramer discussed the positives around the company despite a downgrade by UBS in July, after the company posted its earnings. He remarked:
“CME Group, the parent of the Chicago Mercantile Exchange, the world’s leading derivative marketplace, is a nearly $100 billion company you almost never hear about, right? It’s up 18% year to date, down slightly from its June highs… CME Group generated 16% earnings growth. Veteran Chairman, CEO, Terry Duffy… told us, ‘Demand for CME Group benchmark futures and options reached an all-time high in Q2 as clients around the globe turned to our markets to manage their business risk across asset classes.’ Oh, and their average daily volume also rose 16%. These are record numbers…
If the market calms down, which you know, I don’t think it will, the exchanges will likely suffer, and that’s why UBS downgraded CME from Buy to Neutral after its quarter because they don’t see how this kind of high volume can continue. I disagree with them…
Finally, for CME Group and Cboe Global Markets, there’s another dynamic working in their favor: the proliferation of derivatives trading, especially from retail traders. Modern brokerage platforms like Robinhood have democratized access to options and futures, which mostly trade on the CME and the Cboe. This is something that CME Group CEO Terry Duffy called out during his latest conference call, noting that ‘In the second quarter, over 90,000 new retail traders participated in our markets for the first time.’ That’s a 56% increase versus the same period last year. That’s huge, but it’s going to get bigger and bigger, and it’s not just derivatives. We’ve also seen an explosion in exchange-traded products like ETFs, including leveraged single stock ETFs, which you know, I don’t care for, but they’re very popular with home gamers. These things all have to list and trade somewhere. Plus, CME Group and Cboe in particular have also started to do plenty of business in crypto. CME has lots of options and futures for Bitcoin and Ethereum and other top cryptocurrencies…”
CME Group Inc. (NASDAQ:CME) operates global markets for trading futures and options across asset classes. The company also provides clearing, risk management, and market data services.
5. Intercontinental Exchange, Inc. (NYSE:ICE)
Number of Hedge Fund Holders: 94
Intercontinental Exchange, Inc. (NYSE:ICE) is one of the stocks Jim Cramer shed light on. During the episode, Cramer mentioned the company’s earnings growth, as he commented:
“Right now, there’s a raging bull market that’s hidden in plain sight… I’m talking about the bull market in the exchanges, many of which have hit new all-time highs in recent weeks. Intercontinental Exchange, which happens to be our landlord here, and they’re terrific at it, is the parent company of the NYSE, is up 21.7%. Saw Jeff Sprecher today, the CEO, congratulated him, and that’s after pulling back eight bucks from its high last week… Now, historically, the exchanges have almost always been great performers, but lately, they really caught fire relative to the rest of the market. Now, some of that’s simply because these companies are making fortunes in this environment. We’ve heard from all of the major exchanges in the past few weeks, and everyone delivered better-than-expected sales and earnings with varying degrees of double-digit growth. Most of them posted record numbers, too…
Intercontinental Exchange, ICE, posted 19% earnings growth. Chairman and CEO Sprecher, whom I talked to today, said, ‘Amidst a backdrop of continued volatility and uncertainty, our strong second quarter performance reflects the all-weather nature of our business model and the value of our market’s technology and data services.’ I could not have said it better myself, Jeff…
On the other hand, though, a lot of things are clearly going great for these businesses, for Intercontinental Exchange and Nasdaq in particular. They’ve made a fortune from the revival of the IPO market, which you see all the time now.”
Intercontinental Exchange, Inc. (NYSE:ICE) provides technology, data, and marketplace services for financial markets, including trading platforms, fixed income analytics, and mortgage technology solutions.
4. Brinker International, Inc. (NYSE:EAT)
Number of Hedge Fund Holders: 46
Brinker International, Inc. (NYSE:EAT) is one of the stocks Jim Cramer shed light on. Cramer discussed the company’s earnings and said:
“You heard about it all day: This earnings season has been filled with disappointment in the restaurant space. You know, we got the CAVA that was really bad, the Sweetgreen. But some of these companies always seem to come through because they have something different, like Brinker International, the parent company of Chili’s and Maggiano’s. This morning, Brinker reported a beautiful top and bottom line beat with a mindboggling 23.7% same-store sales numbers from the Chili’s business. They just keep doing it. Even better, management issued a strong forecast for the year ahead, which is why the stock rallied over 1.6% today, although at one point it was up even bigger. Brinker’s been a winner in this environment because they offer their customers an incredible value proposition.”
Brinker International, Inc. (NYSE:EAT) owns, operates, and franchises casual dining restaurants under the Chili’s Grill & Bar and Maggiano’s Little Italy brands. The company also operates virtual brands.
3. Marvell Technology, Inc. (NASDAQ:MRVL)
Number of Hedge Fund Holders: 73
Marvell Technology, Inc. (NASDAQ:MRVL) is one of the stocks Jim Cramer shed light on. Asking for Cramer’s opinion on the stock, a caller expressed that they are unsure whether they should stick with the stock or not. In response, he said:
“Marvell Technology’s run by Matt Murphy, and I gotta tell you, Matt, Matt is a gamer. I want you to buy more. I kid you not, I think the stock is going higher. Maybe it goes back to, maybe it goes back to par, which is genuine Wall Street gibberish for $100.”
Marvell Technology, Inc. (NASDAQ:MRVL) designs semiconductor solutions for data infrastructure. The company provides system-on-a-chip architectures, Ethernet products, interconnect technologies, and storage controllers. When a caller asked about the stock in a July episode, Cramer replied:
“You know what? I think it should have gone up after that last quarter. I think Matt Murphy did a terrific job. I don’t really understand the sustained decline. I think that this stock could be ready to roll. Now, Texas Instruments reported… and again, gave weak guidance. Now they’re not exactly the same, but I will tell you that I think that you could see this stock down along with Texas Instruments because Texas Instruments was that bad.”
2. CoreWeave, Inc. (NASDAQ:CRWV)
Number of Hedge Fund Holders: 36
CoreWeave, Inc. (NASDAQ:CRWV) is one of the stocks Jim Cramer shed light on. Cramer discussed the stock in light of the Bullish (NYSE:BLSH) deal, company earnings, and insider selling lockup expiry. He said:
“How about big winners? Take CoreWeave, one of the biggest winners this year, gigantically from its $40 price in March. Ben Stoto and I told you to buy this one. It had the misfortune of reporting on the eve of Mr. Bullish’s deal. The numbers were nicely better than expected, befitting the boom in data centers. Unfortunately, the stock plummeted more than 20% today. Why? Because the lockup on insider selling expires tomorrow night. Although there are a bunch of short stories out there, trying to say it was a problem with demand. That’s wrong. Demand is on fire. Totally wrong narrative.
What does matter, though, is a ton of stock coming at you. Remember when I said that the underwriters are only bringing small slivers of stock to the market? Tomorrow, a huge chunk of supply loses the restraints and can start selling, and I think that CoreWeave will go lower. And if you want to buy it, buy it after that.”
CoreWeave, Inc. (NASDAQ:CRWV) provides a cloud platform optimized for generative AI workloads, providing GPU and CPU compute, storage, networking, and managed services. The company supports AI model training, inference, rendering, and dataset optimization.
1. Bullish (NYSE:BLSH)
Number of Hedge Fund Holders: N/A
Bullish (NYSE:BLSH) is one of the stocks Jim Cramer shed light on. During the episode, Cramer discussed the stock after it went public. He commented:
“Today, a company called Bullish came public… The deal was more than 20 times oversubscribed, and the stock opened up for trading 143% from its offering price. Wow. The underwriters actually did their best to tamp enthusiasm. The deal was supposed to be 20.3 million shares, priced between 28 to 31, but it was indeed upsized to 30 million shares, then priced 32, 33. I would’ve taken that a little bit higher, but you know what, I mean, arguably, they could have upsized it much more and made the price much higher.
… Should this stock have been as hot as it was? I mean, honestly, yes. First, younger investors are inheriting huge wealth from the boomers. They’re all over this market, but not in a traditional fashion… They know that the biggest gains have come from crypto… This morning, Tom Farley, old friend of mine, CEO of Bullish and the former president of the New York Stock Exchange, told me that his company’s going to be dealing in Solana…
My takeaway is, you, you may think we’re late in crypto, right? You may think that, but when I’m turned down from buying Solana, after hearing Tom Farley say that it’s going to be their currency of choice, I think the opposite. I think we are still early. Even after all these runs, so few institutions make a market in it. I mean, to me, that means Bullish and the whole crypto complex here, well, let’s just say they got more room to run. The others better get with the program…”
Bullish (NYSE:BLSH) operates a digital assets exchange and provides market data, indices, and media services for the cryptocurrency and blockchain industry. The company offers the Bullish Exchange, CoinDesk Indices, market analytics, and news coverage.
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