Jim Cramer, the host of Mad Money, said on Wednesday that it was time to focus on stocks that have taken heavy hits.
“Owning stocks, picking stocks, figuring out the odds of something good happening, all that is integral to the process of making money. Right now, the Supreme Court’s deliberating [on] the issue of the president’s tariffs, and if they strike down the tariffs for being unconstitutional, that would be a huge win for multiple retailers who import so much from China. But will the Supreme really rule that way? That’s the dilemma for investors and gamblers alike.”
READ ALSO: Jim Cramer Talked About These 8 Stocks Recently and Jim Cramer Was Asked About These 11 Stocks.
Cramer said a number of stocks have already been punished severely because of the tariffs. He said that the question is whether to bet against the tariffs surviving or to buy shares of companies he views as sure winners if the Supreme Court overturns the policy. He added, “You know what, I say go with the retailers.”
“I think that every one of these stocks would go up if the Supreme strike down the tariffs. And if the president prevails, I bet that these retail stocks won’t get hammered all that badly. To me, the better risk-reward is with the stocks, not the prediction markets, because the prediction markets are pure gambling, and gambling is all or nothing. The truth is, I have no idea which way the Supreme Court will rule here. So it’s better to invest in stocks that won’t get hit particularly hard, even if this case goes against them.”
Our Methodology
For this article, we compiled a list of 22 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on December 17. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the third quarter of 2025, which was taken from Insider Monkey’s database of 978 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 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
Jim Cramer Shed Light on These 22 Stocks
22. Costco Wholesale Corporation (NASDAQ:COST)
Number of Hedge Fund Holders: 88
Costco Wholesale Corporation (NASDAQ:COST) is one of the stocks Jim Cramer shed light on. Cramer highlighted that it is one of the companies suing the current administration, as he said:
“Stock buyers will not check to see how much these companies might save with the tariffs gone. They’ll just buy, buy, buy. And Costco has joined a list of companies suing the Trump administration for a refund. I don’t know how much that would be and who would get it, but a victory against tariffs may break the company’s stock from its continued, and endless, and terrible tailspin.”
Costco Wholesale Corporation (NASDAQ:COST) operates membership warehouses and provides groceries, fresh food, household goods, electronics, and more. In addition, the company offers various services through pharmacies, gas stations, optical centers, and e-commerce options. A club member asked for Cramer’s thoughts on the management change during the December 12 episode, and he commented:
“Look, I have concerns about everything… I was watching Costco today versus Walmart. It was really killing me. I know that Richard Galanti has departed as CFO. New CFO, I think does a good job. I know that the monthly signups, the people who re-up have been a little slower. I know that some months were better than others. These are not what I’m used to from Costco. I said that I’d have to reevaluate it. I will reevaluate it. I didn’t like everything I heard, and I’m used to liking everything I hear. But it’s stunning for me because I own this stock for so long and I love shopping there. So I’m not willing to throw in the towel, but I’m never oblivious to changes that I don’t like.”
21. Williams-Sonoma, Inc. (NYSE:WSM)
Number of Hedge Fund Holders: 49
Williams-Sonoma, Inc. (NYSE:WSM) is one of the stocks Jim Cramer shed light on. Cramer highlighted the company’s “tariff hit,” as he remarked:
“How about two I really like right here: Williams-Sonoma and Gap. Their tariff hit is pretty variable and pretty covered. These are all moving targets, but these two companies are firing on all cylinders. Williams-Sonoma is even guiding for a modest year-over-year increase in operating margins at the midpoint despite the tariffs.”
Williams-Sonoma, Inc. (NYSE:WSM) sells cookware, kitchen tools, home furnishings, decor, bedding, lighting, rugs, and personalized or custom home products. Cramer discussed the company’s earnings during the November 19 episode, as he said:
“What’s happening with the stock of Williams-Sonoma? This morning, the furniture and home goods chain, which also owns Pottery Barn and West Elm, reported a solid top and bottom-line beat. First, the stock jumped more than 4%, but then it gave back those gains during the conference call when we heard that there might be a significant tariff hit this quarter. Williams-Sonoma ultimately finished in the red… I think that the stock’s going to go higher, not lower.”
Hedge Fund Resource Center