Jim Cramer, the host of Mad Money, on Wednesday stressed that investors need to recognize when it is time to take profits in certain corners of the market.
“I’ve said it before, I’m going to say it again: the year of magical investing, it’s over. It ended in November. Whether we’re talking zero days to expiration options or double leveraged ETFs, or the high-risk speculative stocks, uranium, quantum, flying cars, crypto miners turned AI data centers, these things will not regain their ill-fated heights even if we have a monster rally like I predicted at the top of the show. I don’t think people recognize just how treacherous this market can be. I always try to look at stocks from several different angles… For example, I like to look for areas where there’s too much enthusiasm or which stocks are interrelated, not because they’re in the same business, but because they have the same shareholder base.”
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Cramer explained that during the recent downturn, it became clear that a large number of people who owned the speculative stocks also held Bitcoin, often using margin. When Bitcoin slid into the low $80,000s, it dragged a long list of weaker stocks down with it. He pointed out that Bitcoin bounced sharply yesterday, and now buyers are rushing back into the very names that defined what he called the year of magical investing. Cramer said he thinks that reaction is misguided. He clarified that he expects a rally, but one led by companies that put up strong earnings and still trade at reasonable prices.
“I say you should get out ahead in the nuclear stocks. Get out ahead in the alternative energy plays and the quantum computing numbers. They have no earnings and little in the way of revenue. Believe me, if you’re an executive at one of these companies and you saw how fast your stock can fall if Bitcoin gets hit, sure shooting, you’re going to bail as the stock recovers because… human nature, people. Now, if you happen to own those stocks too, you need to beat the sellers to the punch. If it’s anything like the year 2000, you need to skedaddle before the skedaddling gets too late to sell.”
Our Methodology
For this article, we compiled a list of 9 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on December 3. 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 9 Stocks
9. IREN Limited (NASDAQ:IREN)
Number of Hedge Fund Holders: 52
IREN Limited (NASDAQ:IREN) is one of the stocks Jim Cramer shed light on. Discussing the company’s deal with Microsoft, Cramer stated:
“The super speculative stocks, these remind me of the internet stocks that didn’t make it out of the dot-com era when it came to an ignominious end… I don’t want to repeat that experience. Unfortunately, I seem to be fighting a losing battle. Now, this is a very good company, it’s not fly by night, but it’s called… IREN. It’s formerly known as Iris Energy. It’s a company building data centers for bitcoin mining, AI startups, and, most recently, it got a contract from Microsoft. That’s terrific. But this morning, in order to pay for… data center work that it has to do, it had to issue nearly 40 million shares of $41.12 per share, along with a gigantic $1 billion convertible bond.
Now, IREN’s retiring some previous debt, that’s responsible, but this deal reminds me of exactly what I saw back in 2000 when things were just beginning to unravel… They need to keep raising money if they want to keep building, even if they got an almost $2 billion prepayment from Microsoft at the time the deal was announced. That’s a lot to IREN or any company, for that matter. But if Microsoft decides it’s been overbuilding down the road, it could be one and done. And these data centers are real hard to build…
All I really care about, though, is you and that stock issuance. This time, the deal worked. Terrific. IREN got the money it needed, but does that mean you should hold on to the stock to drop a couple of bucks on it if you bought in on the secondary? Listen, the hyperscalers with deep pockets are now under tremendous pressure for their spending plans. So do you really want to be left holding the IREN bag or any other bags…? Take the gain.”
IREN Limited (NASDAQ:IREN) operates a vertically integrated data center business. The company manages computing hardware and infrastructure while also engaging in Bitcoin mining.
8. DigitalBridge Group, Inc. (NYSE:DBRG)
Number of Hedge Fund Holders: 38
DigitalBridge Group, Inc. (NYSE:DBRG) is one of the stocks Jim Cramer shed light on. During the lightning round, a caller asked if the stock is a buy, sell, or hold. In response, Cramer said:
“Alright, that’s data centers, and it’s cell towers. It’s all the stuff that I’m saying right now, I’m going to say… I’m going to say pass. Let’s just take a pass right now. It’s not the right stock for this moment.”
DigitalBridge Group, Inc. (NYSE:DBRG) is an alternative asset manager that invests in digital infrastructure, including data centers, cell towers, fiber networks, small cells, and edge technologies. A caller inquired about the stock during the July 8 episode, and Cramer responded:
“I’ve studied this company for a very long time, and I have to conclude that it’s just expensive, okay, and I don’t want you in it… I love that you’ve been watching for that long, but I cannot recommend DigitalBridge. I am sorry.”
7. MSCI Inc. (NYSE:MSCI)
Number of Hedge Fund Holders: 50
MSCI Inc. (NYSE:MSCI) is one of the stocks Jim Cramer shed light on. A caller sought Cramer’s advice on the stock, and he commented:
“Okay, that’s one of my absolute favorite stocks. It’s been a complete winner. It’s been a winner for ages. The reason why it’s been a winner is, frankly, because Henry Fernandez runs it. I think he’s great. The stock’s down 9% for the year. What an opportunity.”
MSCI Inc. (NYSE:MSCI) provides tools that help investors track markets, measure risk, compare performance, and evaluate ESG and private-asset data. Madison Investments stated the following regarding MSCI Inc. (NYSE:MSCI) in its third quarter 2025 investor letter:
“We initiated a position in MSCI Inc. (NYSE:MSCI). MSCI Inc. is a financial technology company that serves asset owners, asset managers, and other financial intermediaries. It is probably best known for its flagship indexes, such as the MSCI ACWI and MSCI EAFE, but it also calculates many thousands of other custom indexes daily. Additionally, it offers clients a broad suite of risk management tools and data products. We believe that MSCI is a unique, high-quality business, anchored by its indexes, which are the standard for measuring the performance of global and international equity markets. MSCI is also in the early innings of creating standards around risk and return measurement for investors allocating to private assets. Importantly, organic growth at MSCI requires minimal capital investments, so margins are high and free cash flow is robust. Its management team is also excellent. CEO Henry Fernandez and President Baer Pettit have both been with MSCI for decades and built it from a small subsidiary within Morgan Stanley into the global franchise it is today. The company’s compensation structure encourages both business growth and shareholder return, and management owns a meaningful stake in the company. Overall, we believe that MSCI has a long runway for growth as it’s well-positioned to capitalize on secular industry trends, launch products that reach new customer groups, and broadly benefit from the growth of global capital markets.”
6. Lumentum Holdings Inc. (NASDAQ:LITE)
Number of Hedge Fund Holders: 69
Lumentum Holdings Inc. (NASDAQ:LITE) is one of the stocks Jim Cramer shed light on. Answering a caller’s query about the stock during the lightning round, Cramer said:
“Yeah, I mean, look, this is just a red-hot spec stock that actually makes money. I’m going to say it’s okay as long as you recognize it’s a spec.”
Lumentum Holdings Inc. (NASDAQ:LITE) produces optical and photonic products, including chips, components, and lasers, which support cloud data centers, AI infrastructure, and several manufacturing sectors such as semiconductors, solar cells, and electric vehicle batteries. During the September 12 episode, a caller mentioned that they had taken a position in the stock long ago and sought Cramer’s advice on whether they should hold or sell the stock. The Mad Money host responded:
“No, no, we’re going to sell half on Monday morning. Half, okay? Then we’ll play with the house’s money, and we’ll be incredibly happy, even happier than we are now.”
5. Snowflake Inc. (NYSE:SNOW)
Number of Hedge Fund Holders: 102
Snowflake Inc. (NYSE:SNOW) is one of the stocks Jim Cramer shed light on. Cramer highlighted the stock’s price action after its earnings, as he commented:
“What the heck just happened to the stock of Snowflake? The company reported a seemingly robust quarter after the close, and the stock breaking down in after-hours trading. [Does] that make sense? I don’t know. Some of that’s because Snowflake was up more than 70% for the year going into today’s close. This is one of the rare software companies that’s convinced Wall Street it can make a killing from AI rather than just be killed by AI. And the numbers have mostly backed them up. Today, there was a fly in the ointment. Snowflake’s operating margin guidance for the current quarter came in about 7%, analysts were… looking for 8.5%… It was lower than people expected.”
Snowflake Inc. (NYSE:SNOW) provides a cloud platform that helps organizations pull their data into one place so they can analyze it, build data apps, share information, and use AI to solve business challenges.
4. GE Vernova Inc. (NYSE:GEV)
Number of Hedge Fund Holders: 108
GE Vernova Inc. (NYSE:GEV) is one of the stocks Jim Cramer shed light on. A caller asked what Cramer thinks of the stock long term, and he replied:
“Alright, GE Vernova, my Charitable Trust owns it… Let me make this really straight. This whole uranium thing, the whole nuke thing, you know, if it happens, it’s going to be GE Vernova. But more importantly, if it’s nat-gas, it’s GE Vernova, which means it is the only real company in that whole power segment that everyone’s so crazy about to speculate on. Don’t speculate, invest GE Vernova.”
GE Vernova Inc. (NYSE:GEV) provides products and services for generating, converting, storing, and managing electricity, including gas, nuclear, hydro, and wind technologies. Cramer discussed the stock’s rally during the November 19 episode and remarked:
“If you’ve been paying attention, you might have already owned some of the nuclear companies that actually do make you money. Consider the case of GE Vernova. It’s building small modular nuclear reactors to provide round-the-clock clean energy, and those reactors don’t need no federal government help. GE Vernova, what did it do today? It soared 7%. It was the second-best performer in the S&P 500 in part because it also announced its first onshore wind power upgrade agreement outside the US. … Unlike the hyper speculative stocks, GE Vernova is the nuke builder.”
3. Loews Corporation (NYSE:L)
Number of Hedge Fund Holders: 34
Loews Corporation (NYSE:L) is one of the stocks Jim Cramer shed light on. Cramer highlighted the company’s valuation and earnings growth, as he stated:
“Good opportunity here… This is an enigma. It’s the only company in the S&P 500 that has zero analyst coverage… Lately, the company’s been doing a great job of growing intrinsic value because its two largest businesses, CNA Financial, Boardwalk Pipelines, they’ve basically been printing money… Loews trades at roughly 16.5 times last year’s earnings. That’s pretty reasonable, especially compared to the S&P 500. But some people think it’s trading at 28 times last year’s earnings.
I prefer to use a forward valuation based on future earnings estimates, but there’s no analyst coverage here. Still, though, through the first nine months of 2025, Loews put up 8.8% earnings growth. If they can keep that up in the fourth quarter, they’ll make just under seven bucks, $7 per share. That means the stock’s trading at just roughly 15 times in my back-of-the-envelope earnings estimate, and that is really cheap…
So here’s the bottom line in this story that is not exciting and I don’t care: It’s easy to see why Loews keeps making the new high list that I like and is exciting, and I do care, even though it doesn’t get as much attention. Their core insurance business is doing great, and the second most important business, Boardwalk Pipelines’ really coming… [into] its own. Meanwhile, the secret sauce here is that the company steadily buys back shares, one reason the stock’s still so darn cheap even after a big run. And that’s why I still very much like Loews, letter L, here, and if you come back next year at this time, I’ll probably like it even more.”
Loews Corporation (NYSE:L) is a diversified holding company with businesses in commercial insurance, energy transport, hotels, and plastics manufacturing.
2. CrowdStrike Holdings, Inc. (NASDAQ:CRWD)
Number of Hedge Fund Holders: 66
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is one of the stocks Jim Cramer shed light on. Cramer noted that the stock holds a significant position in the Charitable Trust. He said:
“Sometimes the cybersecurity stocks go out of style, but as I lay out in How to Make Money in Any Market, the cybersecurity business never goes out of style. The risk of being hacked is just too high, especially now that the bad guys have access to the tools, the artificial intelligence tools, which brings me to CrowdStrike, that’s a key position in my Charitable Trust, has been for years, reported what I thought was a pretty darn good quarter last night.
The company posted a nice top and bottom line beat, while their net new annual recurring revenue, the key metric, came in at $265 million. Wall Street was only looking for $239 million. Maybe all you need to know. Of course, the stock temporarily pulled back in response to the quarter… opening down… almost 20 bucks, before rebounding to finish up more than $8. And that’s what almost always happens to CrowdStrike, and then the stock tends to bounce back.”
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) provides cloud-based cybersecurity solutions. The company offers protection for endpoints, cloud systems, identities, and data.
1. Palantir Technologies Inc. (NASDAQ:PLTR)
Number of Hedge Fund Holders: 81
Palantir Technologies Inc. (NASDAQ:PLTR) is one of the stocks Jim Cramer shed light on. When a caller asked about the stock, Cramer commented:
“Alright, I don’t want you to sell Palantir. Palantir is a great… high-quality name. Alex Karp is a bit of a wild man. I don’t mind that. I think that they’re doing incredible work. Now, I know there was an article in the Washington Post today about them working with ICE. You have to keep your politics out if you want to make a lot of money. Not that I’m like crazy about… some of the things they do and they don’t. But if you’re asking me whether I think the stock’s going higher, which is what I think you are… I think Palanir is going higher.”
Palantir Technologies Inc. (NASDAQ:PLTR) develops data analytics and AI software platforms, including Gotham, Foundry, Apollo, and Palantir Artificial Intelligence Platform, that help organizations integrate, analyze, and act on complex data. A caller asked for Cramer’s advice on the stock during the November 21 episode, and he replied:
“Alright, I’m a buyer of Palantir. I know it’s come off, but it’s a wild trader. This is Alex Karp. He’s not a close friend of mine, but I think he knows what he’s doing.”
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