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.”
20. Five Below, Inc. (NASDAQ:FIVE)
Number of Hedge Fund Holders: 60
Five Below, Inc. (NASDAQ:FIVE) is one of the stocks Jim Cramer shed light on. Cramer highlighted that the removal of tariffs will benefit the company, as he remarked:
“Five Below, a company that’s been on fire, even though its merchandise has been heavily tariffed, would benefit enormously if the tariffs get struck down.”
Five Below, Inc. (NASDAQ:FIVE) sells a wide range of low-priced essentials, decor, tech accessories, toys, crafts, snacks, and seasonal items. Cramer praised the company’s CEO during the December 4 episode and said:
“… It’s Park (CEO Winnie Park) who set up Five Below for multi-year growth, even as the chain already has 1,900 stores across almost every state in the union. And look, the numbers were incredible. In the latest quarter announced last night, Park delivered an astounding 14% same-store sales growth, almost unheard of for a chain like Five Below. Some of the transformation comes from going back to basics.
Park has worked hard to, as she said in the conference call, sharpen the focus on the customer, the kid. Second, she’s using digital channels and social media to help drive people to the stores. Third, she’s developed what Five Below calls curtain-up moments, holiday merchandise for six different occasions. She says this management’s job is to please the boss, which isn’t her; it’s the customer. She killed it in the two most recent curtains-up: Halloween and back to school. They caused sales acceleration throughout the quarter, and now we’re in the biggest shopping season of all. Some of the success came from scrapping the Five Beyond section of the store, which had hobbled stores with a kind of a no-fly zone of expensive merchandise. They’ve taken that space for big-time seasonal merchandise instead.
Now, there’s some secret sauce we don’t know about… We don’t know how they avoided taking a profit hit from tariffs either… All in all, I think Five Below’s story is all about curation. Park uses terms like generation of content, not clothes, content, not toys. She’s basically putting on six shows a year that are driving an immense amount of traffic. The changes, though, are still in their infancy. That’s why I think that Five Below, last year, the butt of many jokes, is firmly in the turnaround mode. A successful turn can generate years of terrific gains for you, the shareholder, meaning the stock might indeed have a lot more room to run.”
19. Dollar Tree, Inc. (NASDAQ:DLTR)
Number of Hedge Fund Holders: 49
Dollar Tree, Inc. (NASDAQ:DLTR) is one of the stocks Jim Cramer shed light on. Cramer called it a well-run company during the episode. He commented:
“First, there are the dollar stores. We all accept the cliche of the cash-strapped consumer, right? A strapped consumer often goes to dollar stores. There’s a perception that these stores have a ton of Chinese exposure, so their sales and earnings have been hurt by the tariffs. Both Dollar General and Dollar Tree are extremely well-run companies. They’ve spent a great deal of their conference calls talking about how they’ve mitigated much of the Chinese exposure, but they can’t get rid of it… There’s still too much of it. And the tariffs don’t just apply to China either… Dollar Tree mentions the tariffs as a cause of volatility, which, to me, means variable pricing. The company, like Dollar General, is doing its best to keep prices low, but the tariffs are still a factor.”
Dollar Tree, Inc. (NASDAQ:DLTR) sells everyday essentials, household items, toys, and seasonal products at low prices. The company focuses on providing affordable food, personal care, home goods, and holiday merchandise. Cramer discussed the company during the December 3 episode and stated:
“Second, there’s retail. In all my 40 years of following retail, I can’t recall a time when so many chains were doing so well that there is this much full-price merchandise for the holidays. Things just aren’t on sale. There’s no promotion. Every day, we get a new set of retailers doing amazingly well. Just today, Dollar Tree reported a really terrific quarter. Like Walmart’s starting to appeal to a higher-end demographic. Those who thought this chain would be hurt by food stamp cutbacks, they read the room totally wrong.”
18. Dollar General Corporation (NYSE:DG)
Number of Hedge Fund Holders: 54
Dollar General Corporation (NYSE:DG) is one of the stocks Jim Cramer shed light on. Cramer highlighted the company CEO’s older comments as he said:
“First, there are the dollar stores. We all accept the cliche of the cash-strapped consumer, right? A strapped consumer often goes to dollar stores. There’s a perception that these stores have a ton of Chinese exposure, so their sales and earnings have been hurt by the tariffs. Both Dollar General and Dollar Tree are extremely well-run companies. They’ve spent a great deal of their conference calls talking about how they’ve mitigated much of the Chinese exposure, but they can’t get rid of it… There’s still too much of it. And the tariffs don’t just apply to China either. As Dollar General CEO Todd Vasos pointed out in his June conference call, ‘We have successfully reduced our China exposure to less than 70% of our direct imports, and we estimate less than 40% of our indirect imports are sourced from China.’ Still, Vasos says he’s had to raise prices as a last resort.”
Dollar General Corporation (NYSE:DG) sells a everyday essentials, including food, household items, personal care products, and apparel at affordable prices. In addition, it provides seasonal goods, pet supplies, and home products. Artisan Partners stated the following regarding Dollar General Corporation (NYSE:DG) in its second quarter 2025 investor letter:
“In the consumer staples sector, tobacco company Philip Morris International (PM) and discount retailer Dollar General Corporation (NYSE:DG) continued their strength from Q1. Both stocks are up over 50% year to date. In recent years, DG has dealt with execution issues, rising competition an increasingly constrained lower income consumer after a period of high inflation. However, the company is making progress on fixing operational issues, from store standards to supply-chain execution and labor efficiency. Additionally, with inflation stabilizing, there are early signs that customers have adjusted to higher price levels as basket sizes and units are beginning to rise again. Another dynamic is that DG’s business model is countercyclical. During tougher economic times, DG typically gets trade-down business from middle-income cohorts, and with the possibility that escalating tariffs could slow the economy, investors see DG as a potential beneficiary.”
17. Ondas Holdings Inc. (NASDAQ:ONDS)
Number of Hedge Fund Holders: 20
Ondas Holdings Inc. (NASDAQ:ONDS) is one of the stocks Jim Cramer shed light on. Toward the end of the lightning round, a caller asked about the stock, and Cramer replied:
“I mean, that thing is just a, look, I view that as a cats and dog thing, to be honest. I cannot, wow, that one is a really complicated stock… I’m going to have to take a pass.”
Ondas Holdings Inc. (NASDAQ:ONDS) provides wireless communication and drone solutions, including AI-powered drones, counter-drone systems, and secure connectivity platforms. On December 18, the company announced that it has has completed the acquisition of Roboteam Ltd., a global provider of rugged tactical unmanned ground vehicles (UGVs) for explosives disposal, intelligence, surveillance, reconnaissance, and hazardous-environment missions. Roboteam’s combat-proven UGVs are used by military and security forces in over 30 countries, including the U.S. Marine Corps and the Israeli Ministry of Defense. Ondas Holdings Inc.’s (NASDAQ:ONDS) CEO, Eric Brock said:
“Roboteam brings a respected lineup of tactical UGVs, established relationships with defense customers, and a strong engineering culture. Together, we are expanding our ability to deliver integrated autonomous solutions that improve mission effectiveness and operator safety across air and ground domains.”
16. M&T Bank Corporation (NYSE:MTB)
Number of Hedge Fund Holders: 41
M&T Bank Corporation (NYSE:MTB) is one of the stocks Jim Cramer shed light on. When a caller inquired about the stock during the lightning round, Cramer said:
“Very well-run bank. It’s still not that expensive. Actually, it’s surprisingly inexpensive. I would buy that stock tomorrow morning, even though it looks like it’s going to spike. It’s at 12 times earnings. There’s nothing not to like about M&T Bank. It’s good.”
M&T Bank Corporation (NYSE:MTB) provides banking and credit products including loans, deposit accounts, and cash management services. Ariel Investments stated the following regarding M&T Bank Corporation (NYSE:MTB) in its third quarter 2025 investor letter:
“We purchased M&T Bank Corporation (NYSE:MTB), a regionally focused commercial bank with strong local scale in the Northeast and Mid-Atlantic. Its strategy prioritizes density over national expansion, with selective acquisitions like the successful People’s merger enhancing its deposit base. The bank has actively reduced risk in its commercial real estate portfolio and leverages unique agency licenses to generate fee income. M&T is also well-positioned to benefit from partnerships in private credit. While near-term credit risks remain, especially in commercial real estate, the bank’s consistent operating leverage and above-peer returns support a favorable long-term outlook.”
15. Diageo plc (NYSE:DEO)
Number of Hedge Fund Holders: 34
Diageo plc (NYSE:DEO) is one of the stocks Jim Cramer shed light on. Inquiring about the stock, a caller noted that the company might have a “new CEO turnaround story.” Here’s what Mad Money’s host had to say in response:
“Okay, let me give you my, I think that the dividend at 5.6 can keep it here. They have to come up with something very special because I see a lot of their lines of business not doing well. Okay, I’m going to throw in Constellation and Brown-Forman, downgraded again, too. I don’t own stocks just for dividend, but I think it can stop right there because of the dividend.”
Diageo plc (NYSE:DEO) produces and sells a wide range of alcoholic beverages, including beer, whisky, vodka, gin, and rum. A caller inquired about the stock during the July 10 episode, and the Mad Money host replied:
“Oh, okay, you came to the right guy because I’ve been in the bar business, the restaurant business, and the liquor business. I gotta tell you, they all stink. The problem is this: If you’re looking at the alcohol business, the GLP-1s, the new generation of people actually care about their health and wellness, and getting fat. Well, alcohol’s got all three. And don’t forget gummies. Gummies.. very heavy competition. I’d rather own gummies than… Diageo. There, that’s a statement.”
14. Daktronics, Inc. (NASDAQ:DAKT)
Number of Hedge Fund Holders: 22
Daktronics, Inc. (NASDAQ:DAKT) is one of the stocks Jim Cramer shed light on. Asking if the stock is a buy, sell, or hold, a caller highlighted that the company has a new CEO and is institutionally held by BlackRock and others. In response, Cramer said:
“You know, it’s just okay. I’ve never been excited about that scoreboard business, advertising, it’s just not compelling enough to put your money into.”
Daktronics, Inc. (NASDAQ:DAKT) manufactures electronic scoreboards, video displays, LED signs, and digital messaging systems for sports, commercial, and transportation use. The company reported its Q2 2026 results on December 10, posting a GAAP EPS of $0.35, which beat estimates by $0.08. The company’s revenue of $229.3 million was up 10% and outperformed the forecasts by $15.37 million. In addition, Daktronics, Inc. (NASDAQ:DAKT) reported $199.1 million in new orders for products and services, up from $177.6 million during the same quarter last year.
13. Lithium Americas Corp. (NYSE:LAC)
Number of Hedge Fund Holders: 16
Lithium Americas Corp. (NYSE:LAC) is one of the stocks Jim Cramer shed light on. When a caller asked about the stock during the lightning round, Cramer stated:
“No, no, there’s nothing there for you. We’re just going to have to skip it. That’s a yesteryear stock. It’s just, it’s a no-go.”
Lithium Americas Corp. (NYSE:LAC) operates lithium deposits and processing facilities, with its main project at Thacker Pass. It is worth noting that the stock is up over 50% year-to-date. However, it has fallen by over 56% from its 52-week high in October.
12. Rocket Lab Corporation (NASDAQ:RKLB)
Number of Hedge Fund Holders: 34
Rocket Lab Corporation (NASDAQ:RKLB) is one of the stocks Jim Cramer shed light on. A caller asked if Cramer would include the stock “in the end of the year of magical investing,” and he commented:
“I think Rocket Lab’s better than that. I don’t think it’s a magical thinking… I think it’s a very good spec ahead of another big offering in the rocket world next year. I think you can own it as your spec play, as I say in How to Make Money in Any Market.”
Rocket Lab Corporation (NASDAQ:RKLB) provides launch services, spacecraft design, manufacturing, and on-orbit management solutions. During the November 24 episode, a caller showed optimism in the stock and asked for Cramer’s view. He replied:
“Okay, look, I have to tell you, I think this stock is very, you know, look, as these stocks go, I’m not going to call it inexpensive because this is a spec. But as specs go, I like it at these prices. How about that? I think that’s a fair way to put it.”
11. Elanco Animal Health Incorporated (NYSE:ELAN)
Number of Hedge Fund Holders: 26
Elanco Animal Health Incorporated (NYSE:ELAN) is one of the stocks Jim Cramer shed light on. Answering a caller’s query about the stock, Cramer said:
“They are doing everything right. I am so impressed with the way they’ve turned that company around. I’m glad you brought it out. That was a real good idea.”
Elanco Animal Health Incorporated (NYSE:ELAN) sells products to protect and treat pets and farm animals, including parasiticides, vaccines, therapeutics, and medicated feed additives. Cramer commented on the stock during the January 21 episode, as he remarked:
“Not my favorite. I do think that the pet… Look, I like Chewy. I know that’s a pedestrian way to look at things, but I think that Chewy is the better bet for this group.”
Since the above comment was aired, Elanco Animal Health Incorporated’s (NYSE:ELAN) stock has gained over 83%.
10. Pfizer Inc. (NYSE:PFE)
Number of Hedge Fund Holders: 84
Pfizer Inc. (NYSE:PFE) is one of the stocks Jim Cramer shed light on. During the lightning round, a caller sought Cramer’s opinion on the stock, and he said:
“Okay, Pfizer, really good yield, not a lot of momentum. Didn’t like the update yesterday. I’m going to say just weak hold.”
Pfizer Inc. (NYSE:PFE) creates and sells medicines and vaccines for several health conditions, including heart disease, infections, COVID-19, and rare diseases. Cramer was asked about the stock during the December 1 episode, and he responded:
“2026, yeah, there is. It’s got, they got a lot of irons in the fire. I think Dr. Bourla is going to trace things out in January at the JPMorgan conference. I think you might like what you hear… 6.8% yield. Until then, I would hold onto it. That’s my, I would hold on to it.”
In addition, Cramer mentioned the stock during the November 21 episode and stated:
“All right, next up, controversial, it’s Pfizer. It’s the big pharma titan, 6.9% yield. Now, I gotta tell you, these days I see Pfizer’s basically as a bond equivalent… It hasn’t given you much in the way of share price appreciation, hence its controversial nature. But since it yields nearly 7%, you can still get a decent return even if the stock does nothing. Although I obviously want it to do something… I think that Pfizer has the ability to use some of the businesses it’s acquired in recent years to build up a powerful pipeline, one that’s bountiful enough to offset the wave of patent expirations that everybody seems to be so worried about when it comes to Pfizer.
Pfizer used COVID cash to acquire Seagen, that’s a cancer specialist, and NURTEC, which is a revolutionary migraine treatment that they picked up from Biohaven Pharmaceuticals. Most recently, the company paid about $7 billion plus some milestone payment down to buy this company called Metsera, and that’s working on one of these GLP-1 weight loss drugs… Of course, pulling all this off, it’s going to be a tall order.
Many are betting that Pfizer can’t do it, which is why the stock sells for less than eight times earnings and nearly 7% yield. But I think they can easily cover the dividend with their $15 billion in free cash flow. And longer term, Pfizer has enough shots on gold that it can get through this tricky period and come out the other side as it gets more growth. Now, it’s controversial only because it’s done nothing, I think, and I think it can be near a breakout.”
9. Dover Corporation (NYSE:DOV)
Number of Hedge Fund Holders: 55
Dover Corporation (NYSE:DOV) is one of the stocks Jim Cramer shed light on. During the episode, a caller inquired if the stock is a buy, sell, or hold, and Cramer remarked:
“Oh, you know, I like Dover. It’s a short cycle name. It’s recommended by a bunch of people. The stock is finally getting the due that it’s worth. I think that Tobin’s doing a good job and I know he can do a lot of things. Got a great balance sheet. Stock’s on a real roll. I want to buy DOV, a club name.”
Dover Corporation (NYSE:DOV) manufactures equipment, components, and software solutions for industrial, energy, imaging, and climate applications. Cramer highlighted the “very good quarter” posted by the company during the October 23 episode, as he commented:
“This morning, we got a very good quarter from Dover. The classic diversified industrial manufacturer has made a big pivot toward data center, aerospace, clean energy. Stock shot up more than 8% today. Good news for me, it’s a big Charitable Trust holding. Now, technically, some people will call it a mixed-to-positive quarter. Dover’s total revenue and its organic sales growth, both fell a tad shy of expectations, but they also delivered an 11-cent earnings beat off a two-dollar and fifty-one-cent basis.
Management raised their full-year earnings forecast. Remember, Dover’s the kind of real economy stock that hasn’t done as much this year as I would like, but that’s because, well, you don’t need to report a picture-perfect quarter for the stock to rally like crazy, given the stock was ready to go.”
8. SoFi Technologies, Inc. (NASDAQ:SOFI)
Number of Hedge Fund Holders: 44
SoFi Technologies, Inc. (NASDAQ:SOFI) is one of the stocks Jim Cramer shed light on. Given the stock’s recent pullback, a caller asked if it is a good time to buy, sell, or hold it. In response, Cramer said:
“Okay, SoFi stock is right now enjoying, I could say, a pullback, and I don’t want to buy it until I think we’re further along in the pullback because now it got a very high price-to-earnings multiple. Why don’t we wait to see if it can’t, you can’t get this stock at $20. You can buy a little, 23 say, but I don’t want you to pay at these prices.”
SoFi Technologies, Inc. (NASDAQ:SOFI) provides lending, banking, investment, and insurance services through digital platforms. The company offers personal, student, and home loans, cash management, investment tools, credit cards, and financial wellness products. Answering a caller’s query during the November 3 episode, Cramer called it an “amazing company,” as he stated:
“Okay, SoFi, I think, is an amazing company. I think it is run terrifically by Anthony Noto, a very old friend, of now more than 30 years. I think it’s resting right here, and then it’s going to go up again. It and Affirm are my two favorite so-called fintechs because they do far more than what people think they do.”
7. Medline Inc. (NASDAQ:MDLN)
Number of Hedge Fund Holders: N/A
Medline Inc. (NASDAQ:MDLN) is one of the stocks Jim Cramer shed light on. Cramer discussed the company’s IPO during the episode, as he remarked:
“So is Medline worth buying after today’s IPO and the stock’s subsequent rally? This was a very successful deal with the stock up more than 41% today. Initially, Medline was only looking to sell 179 million shares for $26 to $30, but the demand was so high that they sold over 216 million shares at $29. Today, Medline opened for trading at $35, up over 20% from the offer price, and then it added a few more bucks after that. At the current price, Medline has a market capitalization of roughly $54 billion, making this a nice win for the PE firms…
But I do think that the stock looks a little richer, and I’m reluctant to recommend it after this strong opening. We know from the IPO perspectives that Medline earned 68 cents per share through the first three quarters of the year and annualize that, and you get to 91 cents of earnings per share. Given the current share price, the stock trades at something like 45 times my back-of-the-envelope earnings estimates. That’s a lot for a company with low double-digit revenue growth. I’m uncomfortable with that. Another way to approach Medline’s valuation is with an enterprise multiple…. Medline’s enterprise value is about 70 billion, and it’s annualizing its EBITDA from the first nine months of 2025.
We get 3.55 billion for the full year… meaning the enterprise multiple is something like 20. The tough thing here is that we don’t have a lot of great comparisons for Medline, which is part medical supplies company, part distributor. The company’s prime vendor model means that much of its revenue is recurring in nature. We like recurring revenue even if it’s not actually recurring revenue…
Looking at the rest of the cohort, I’d be willing to give Medline an enterprise multiple of about 15. That translates to $29. That’s exactly where the stock came public. Might be worth more than that, but I don’t want to chase it after this huge first-day move. That’s been a sucker’s play. So here’s the bottom line: We had the largest IPO in over four years today, and it generally went pretty darn well. In fact, it went so well that Medline looks a little too expensive for me. Even though I like the company and I really do, I wouldn’t buy the stock up here. I’d say wait for a pullback, maybe down to $29 or $30, before you pull the trigger. And if that doesn’t happen, you know what you have to do? You just gotta say you missed it.”
Medline Inc. (NASDAQ:MDLN) supplies medical and surgical products for hospitals, surgery centers, and other healthcare facilities.
6. Robinhood Markets, Inc. (NASDAQ:HOOD)
Number of Hedge Fund Holders: 77
Robinhood Markets, Inc. (NASDAQ:HOOD) is one of the stocks Jim Cramer shed light on. During the episode, a caller inquired if the stock is a buy, sell, or hold, and Cramer commented:
“Okay, this stock just went up like just, I mean, straight up. And now, when they start coming down when they’ve been straight up, they don’t stop as fast as you’d like to see. That’s why what we’re going to do is let Robinhood come down below that last dip, which took it down to $103. Maybe you go to, say, $95 and then pull the trigger. If not, then just say you missed it.”
Robinhood Markets, Inc. (NASDAQ:HOOD) operates a financial platform that allows users to trade stocks, ETFs, options, cryptocurrencies, and other assets. A caller asked about the stock during the December 4 episode, and Cramer responded:
“Robinhood goes higher… It goes higher because it’s a proxy for all the young investors. See, young investors, they’re on Robinhood, the app, so they buy Robinhood, the stock, and you know what? They’ve been winning, 267%. That makes other people want to be in.”
5. Take-Two Interactive Software, Inc. (NASDAQ:TTWO)
Number of Hedge Fund Holders: 75
Take-Two Interactive Software, Inc. (NASDAQ:TTWO) is one of the stocks Jim Cramer shed light on. A caller asked if a successful launch of GTA VI could give the share price a boost. In response, Cramer said:
“Absolutely. Absolutely. It’s the greatest entertainment franchise of all time. I think you can buy some here and buy some a little lower. Strauss Zelnick will deliver for you. He will.”
Take-Two Interactive Software, Inc. (NASDAQ:TTWO) creates video games for consoles, PCs, and mobile devices. Some of its well-known games include Grand Theft Auto, Red Dead Redemption, and BioShock. During the October 6 episode, Cramer discussed the stock in light of EA going private. The Mad Money host said:
“Honestly… far more important than the latest earnings report is the simple fact that just last week the old Electronic Arts announced it will be taken private at $210 per share by a consortium of private equity firms… This was an industry with three major players, but now with Activision gone and EA going private, Take-Two’s now the only major publicly traded American video game company that’s a pure play. Now, I think this is huge. Not only were some very sophisticated investors willing to pay a premium for EA, but Take-Two has real scarcity value now. If you want a traditional video game publisher, you either need to mess around with the Japanese market or bet on Take-Two…
If you bought this stock eight months before the last Grand Theft Auto in 2013, and that would be in January 2013, and then you held it for the next two years, 133% gain. Here’s the bottom line: Grand Theft Auto VI is almost guaranteed to be a major hit. And in the meantime, Take-Two’s already firing on all cylinders. And once EA goes private, it will be the only pure-play American video game publisher that’s publicly traded. Just keep in mind, if you’re taking the plunge into Take-Two here, you have to be able to stomach any delays to GTA VI. In fact, you should expect delays… But I’m so confident in Take-Two that I actually hope that the next big game gets delayed and the stock comes down hard, which will give you an even better buying opportunity.”
4. Roku, Inc. (NASDAQ:ROKU)
Number of Hedge Fund Holders: 56
Roku, Inc. (NASDAQ:ROKU) is one of the stocks Jim Cramer shed light on. A caller inquired after Cramer’s thoughts on the stock, and he replied:
“I like it, okay? It’s got a lot of… positive chatter about the numbers. It’s just been going up, up, and up, and I think it makes sense because that’s where the advertisers want to be.”
Roku, Inc. (NASDAQ:ROKU) provides a TV streaming platform that lets users access shows, movies, news, and sports. Additionally, the company sells streaming devices, smart TVs, audio products, and provides digital advertising services. RGA Investment Advisors stated the following regarding Roku, Inc. (NASDAQ:ROKU) in its second quarter 2025 investor letter:
“Roku, Inc. (NASDAQ:ROKU) has been a wild ride for us. We first bought shares in late 2018, sold a few times along the way, but held onto a sizable position throughout the rollercoaster. We certainly learned some lessons about ourselves and our willingness to hold high valuations in order to spread a sizable tax hit over years (note: we will never tax derange ourselves into holdings through a valuation grind down again, as the market has a wicked way of reducing tax obligations as you wait). During the tariff crash, we meaningfully increased our position yet again.
Throughout the stock’s ascent, bears argued that Roku would rapidly lose market share to competition from Amazon and Google–well capitalized, formidable competitors. These bears were right, but for the wrong reasons. Roku has actually increased its device and household share now covering over half of all households in the US; however, the company stalled in pushing ARPU due to a confluence of forces, many of which stemmed from a strategic, but reversible decision. Roku was trying to build a walled garden, leveraging their unique and proprietary customer data to pull advertisers into their own Demand-Side Platform (or DSP). Unfortunately for Roku, advertisers had paths to reach Roku’s audience while working around the walled garden. For example, an advertiser could buy ads on Hulu, through a DSP like The Trade Desk and in doing so, avoid sharing a dime with Roku. This happened alongside a pullback in content companies chasing new audiences. During the pandemic, Roku’s largest advertising pool–Media and Entertainment (M&E). These were dollars streaming companies spent to acquire customers and drive engagement. As content companies rationalized their own costs, this pool of ad dollars collapsed. Although Roku’s overall ad revenue kept growing, it was far slower than before and came against a growing cost base…” (Click here to read the full text)
3. Oracle Corporation (NYSE:ORCL)
Number of Hedge Fund Holders: 122
Oracle Corporation (NYSE:ORCL) is one of the stocks Jim Cramer shed light on. Cramer discussed the company’s deal with OpenAI, as he commented:
“Wall Street Journal is questioning Oracle for relying on a squishy number, a $300 billion five-year agreement with again OpenAI. Oracle didn’t formally announce the contract, but it put it in what’s known as the remaining performance obligation line, which for many means it’s basically a done deal. Some of us regard that as almost cash in the bank. Boy, do we look silly.
Well, at the time of the announcement, the market assumed that the contract was worth its weight in gold, so Oracle stock jumped 36% in a single day back in September… But Oracle stock has gotten crushed as we found out more about that OpenAI relationship and how fraught it is becoming. These days, investors are feeling pretty darn dubious about it, which is why Oracle stock got shelled again, falling more than 5% to $178 and change. That’s down from $345 at its all-time high just a few months ago.
The stock has now wiped out most of the value it gained when Oracle decided to become king of the data center builders. Will it give up the rest? Yes, if it doesn’t stop the spending and gets disciplined. Oracle and OpenAI are killing the data center cohort for certain… Some call these kinds of deals circular transactions. Other call them vendor financing. To me, it seems like a Lazy Susan transaction of dot-com… And that’s why I’m saying the bubble popped a while ago, and now it’s deflating quickly. That’s good.”
Oracle Corporation (NYSE:ORCL) provides cloud and on-premise software, databases, and IT infrastructure to help businesses manage operations. The company also offers hardware, consulting, and support services.
2. Blue Owl Capital Inc. (NYSE:OWL)
Number of Hedge Fund Holders: 35
Blue Owl Capital Inc. (NYSE:OWL) is one of the stocks Jim Cramer shed light on. Cramer highlighted the company’s “discipline” during the episode, as he remarked:
“This morning, the Financial Times broke this terrific story that said Blue Owl Capital is refusing to back a $10 billion deal for a planned Oracle data center in Michigan. Not that long ago, I interviewed a Blue Owl executive who talked about the disciplined way it approaches investments. I believe the discipline is why Blue Owl refused to do the deal. I salute them… We want companies doing rational things, not delusional things. We want discipline. With Blue Owl pulling out from an Oracle data center after Blue Owl’s stock was clocked over balance sheet concerns, discipline is coming. We aren’t there yet. Press reports indicate that there are other sources of financing, and Blue Owl’s not needed.”
Blue Owl Capital Inc. (NYSE:OWL) provides alternative asset management and private financing solutions, including direct lending, credit products, and real estate investments.
1. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders: 332
Amazon.com, Inc. (NASDAQ:AMZN) is one of the stocks Jim Cramer shed light on. Cramer called it a “serious company” as he stated:
“These days, we’re constantly hearing about what I call these Lazy Susan deals, except they’re being celebrated as good news for both parties. Today, for example, we learned that OpenAI is in some talks to raise at least $10 billion from Amazon, some of which could be spent on Amazon’s AI chips. We heard applause for this all day. Basically, Amazon’s giving OpenAI at least $10 billion, even as OpenAI has a very stretched balance sheet with huge obligations that dramatically exceed its ability to bring in cash.
In return, OpenAI will spend that money on Amazon’s chips instead of maybe using NVIDIA’s. Doesn’t that raise some eyebrows?… Amazon’s a serious company. I don’t know why it would pay OpenAI to use its own chips. I found the whole thing quizzical… I know that Amazon Web Services and OpenAI had an existing partnership from early November, where OpenAI committed $38 billion for a multi-year deal to run its workloads in AWS. Does Amazon’s $10 billion payment to OpenAI help OpenAI pay for that agreement, too? Now, it’s entirely possible that people want to be involved with Sam Altman’s OpenAI so badly that they’re willing to invest in that company to get the money right back. But I’m growing ever more concerned that these kinds of deals… I’m starting to think that OpenAI is not that special with no moat around ChatGPT, and the deals are bad.”
Amazon.com, Inc. (NASDAQ:AMZN) sells consumer goods and digital content through online and physical stores, provides advertising and subscription services, operates Amazon Web Services for cloud computing, develops electronic devices, produces media content, and offers programs supporting third-party sellers and content creators.
While we acknowledge the potential of Amazon.com, Inc. (NASDAQ:AMZN) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AMZN and that has 100x upside potential, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
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