In this piece, we will look at the stocks Jim Cramer recently discussed.
In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer discussed current market sentiment and robotics. While the CNBC TV host is glad that markets can now focus on AI rather than the Israel-Iran war, he warned viewers about buying simply due to the fear of missing out. Cramer remarked:
“Well I do think that we have to be careful of the momentum. Because you know we got Cathy Wood back with the FOMO fund. We have, amazing move by NVIDIA that I think could easily retreat just because it’s had such a big run. There’s just so much FOMO. And I think that’s a recipe for, be careful. However, I do like the market, it’s just as we get closer to tariffs, doesn’t the President, does he just say you know what, I’ll let the market go up. Or does he say, okay we’re back. I mean look at the attack on Spain yesterday.”
Cramer also believes that China’s ahead of the US when it comes to robotics. “The Chinese are having robot Olympics for heaven’s sake,” said Cramer. “We don’t have robot Olympics. But they’re like, doing, they’re like the hundred meters,” he added.
Our Methodology
To make our list of the stocks that Jim Cramer talked about, we listed down the stocks he mentioned during CNBC’s Squawk on the Street aired on June 26th.
For these stocks, we also mentioned the number of hedge fund investors. 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).
19. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders In Q1 2025: 212
NVIDIA Corporation (NASDAQ:NVDA) is one of the most widely discussed stocks on Cramer’s morning show. Despite the fact that the firm’s shares have struggled for most of 2025, Cramer has been a fan of the stock. He believes NVIDIA Corporation (NASDAQ:NVDA) is the market leader in AI GPUs and the firm has a wide moat ahead of it. He discussed the stock in detail during this appearance:
“[On stock reaching new high] Well it’s very important to recognize that the real blow to NVIDIA was when the President said, or someone in the White House . . .can’t sell to China. Because what that said was, a very big percentage of the business would go away. Remember he said it was a 50 billion dollar market of which at one point they had 95% of the market then that dropped to 50. It was very concerning to people.
“I think it’s overcome because the demand for all the rest, look one of the things that Jensen told me was, look we have so much demand for these we can override the China. We don’t want to have to scrap them, because remember they couldn’t be repurposed, that was important.
“But then he went around the world. And he made a pitch to countries to do sovereign AI. He’s always felt that, he’s not jingoistic, he’s a globalist, and he doesn’t want everything built on US. You know if you’re in Thailand, he wants it to be Thai. Well, it worked. His charm offensive worked. They got rid of the diffusion rules from Biden which said that you, there were only certain states, certain countries that would be able to buy it. David that’s what worked. There were just so many customers after that. And then, oh my god, did you read Joanna Stern today? She’s a joy. The data centers, they’re everywhere and they’re nowhere, meaning that we’re nowhere building what we need. And what Jensen said yesterday at this shareholder meeting, robotics being. . .something that you and I talk a lot. We need the reasoning robotics. We do not have those. But for robots to be reasoning, we need many many more.
“Well, these are things [robotics, digital twins] that a couple of years ago, only a couple of ship builders believed in. A couple of German auto companies believed in. Which is that if you can build a factory first, as a twin, small, and then, you know like a . . .model. . .save 30%.
“[In response to Faber asking when the robots will come online] Well it’s not American companies that are involved in robots. Also, Norway. It’s got very good robots. Well I think Tesla ultimately will be [a leader in robots].I don’t think people realize what’s coming. Which is that right now, Alexa’s getting an upgrade and it’s a digital assistant and it’s gonna help you more. And it might be able to turn on your coffee maker, okay. The robot, will say, Mr. Cramer, because I prefer that, Mr. Cramer, how much cream you want today, and I’ll say no I gained a pound yesterday can I switch to skim. And it’ll be like, no problem, Mr. Cramer. The thing will be so subservient, it’s really kind of crazy. By the way this is true what I’m saying. I saw one of these at the conference.
“He has been saying, he said for the last two years, no one’s been listening, you can watch every single baseball game, and figure out every single batter’s tendencies, and you will throw a perfect game every single time. That’s what the head of robotics said.”
“[In response to Faber asking when the robots will come online] Well it’s not American companies that are involved in robots. Also, Norway. It’s got very good robots. Well I think Tesla ultimately will be [a leader in robots].I don’t think people realize what’s coming. Which is that right now, Alexa’s getting an upgrade and it’s a digital assistant and it’s gonna help you more. And it might be able to turn on your coffee maker, okay. The robot, will say, Mr. Cramer, because I prefer that, Mr. Cramer, how much cream you want today, and I’ll say no I gained a pound yesterday can I switch to skim. And it’ll be like, no problem, Mr. Cramer. The thing will be so subservient, it’s really kind of crazy. By the way this is true what I’m saying. I saw one of these at the conference.”
18. Tesla, Inc. (NASDAQ:TSLA)
Number of Hedge Fund Holders In Q1 2025: 104
Tesla, Inc. (NASDAQ:TSLA), the world’s largest pure-play electric vehicle manufacturer, has continued to face turmoil in the stock market this year. Despite the fact that the shares have lost 14.6% year-to-date, Cramer has remained optimistic about the firm. Like Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk, Cramer also believes that the firm is a technology and robotics company. As a result, the CNBC host has been left mostly unbothered by the stock price performance. He has also changed his mind quite a bit about Tesla, Inc. (NASDAQ:TSLA). After Musk’s brief spar with Trump earlier this year, Cramer wondered whether the company would face the heat. However, pretty soon he became a bull as the two of the most powerful men in America settled their differences. After co-host David Faber pointed out that Tesla, Inc. (NASDAQ:TSLA) was struggling with vehicle deliveries, Cramer replied:
“You can’t worry about those. It’s not a car company. . . cause I believe what Musk says cause Musk is working with Jensen and Jensen’s telling me what’s happening on the other side is pretty amazing.”
“[In response to Faber asking when the robots will come online] Well it’s not American companies that are involved in robots. Also, Norway. It’s got very good robots. Well I think Tesla ultimately will be [a leader in robots]. I don’t think people realize what’s coming.”
In his earlier remarks, Cramer commented on Tesla, Inc. (NASDAQ:TSLA)’s robotaxi launch:
“[On videos of robotaxi cars making mistakes in Texas and NHTSA contacting Tesla as a result] Look I mean drivers make mistakes all the time. Why should we hold Tesla to a standard where there can be no mistakes?
“Is it questionable David, that the car that we saw in the wrong lane, was that car drinking? I rest my case.
“Well look, all I can tell you is, it’s happening it’s going to happen, I think Tesla’s right to go higher. They actually have a good product, it’s very inexpensive. And by the way, Musk is back being Musk. I mean Musk is just doing his job.
“Well he’s back, he’s [Musk] back. And look the stock market reflects it.”
17. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders In Q1 2025: 328
Amazon.com, Inc. (NASDAQ:AMZN) is one of the biggest eCommerce companies in America. When compared to other mega-cap technology stocks, Cramer doesn’t discuss the firm as often. One rarely discussed aspect of Amazon.com, Inc. (NASDAQ:AMZN) that he has mentioned is the firm’s potential to disrupt the pharmacy market in the US. Cramer has advised pharma companies like Walgreens to be wary about Amazon stealing their market. The CNBC TV host has also discussed Amazon.com, Inc. (NASDAQ:AMZN)’s near-ubiquity due to the firm’s presence in lucrative industries such as eCommerce, web services, and cloud computing. This time around, he commented on the firm’s digital assistant Alexa:
“[In response to Faber asking when the robots will come online] I don’t think people realize what’s coming. Which is that right now, Alexa’s getting an upgrade and it’s a digital assistant and it’s gonna help you more. And it might be able to turn on your coffee maker, okay. The robot, will say, Mr. Cramer, because I prefer that, Mr. Cramer, how much cream you want today, and I’ll say no I gained a pound yesterday can I switch to skimmed. And it’ll be like, no problem, Mr. Cramer. The thing will be so subservient, it’s really kind of crazy. By the way this is true what I’m saying. I saw one of these at the conference.”
Previously, Cramer discussed Amazon.com, Inc. (NASDAQ:AMZN)’s latest earnings report:
“Then there’s Amazon, which is trading lower after hours because the company gave a conservative forecast for the second quarter, as they typically do. And who can blame them given the impossible-to-game tariff situation.
But looking at the first quarter results themselves, Amazon also reminded us why it’s one of the world’s best companies. Why you can’t bet against it.
Sales grew 9% year-over-year, topped expectations by over $600 million, led by double digit growth from Amazon Web Services, and the company’s increasingly important advertising business. The gross margins there are insane. Earnings per share, meanwhile, is up an incredible 62%. Beat the $1.36 consent assessment by 23 cents.
Now, one of the more quizzical things from the Amazon quarter were the results from the Amazon Web Services cloud computing business, which is such a fabulous business. Sales were up 17%, very good, but that was light- that was light of what we expected.
The operating margins on the other hand were fantastic. They reached nearly 40%, street was only looking for 35. And that’s why Amazon Web Services segment profit came in over $1 billion above expectations. Essentially, all the total company’s bottom line beat in the quarter. But you know, again, people found a little bit of what we call ‘hair on the story’.”
16. Hewlett Packard Enterprise Company (NYSE:HPE)
Number of Hedge Fund Holders In Q1 2025: 45
Hewlett Packard Enterprise Company (NYSE:HPE) is one of the biggest enterprise computing companies in the world. The firm provides enterprise computing products such as servers, WiFi switches, and gateways. Consequently, Hewlett Packard Enterprise Company (NYSE:HPE)’s shares are linked to broader business spending instead of AI-linked spending only. The shares have lost 14% year-to-date as a result, with investors also worrying about the impact of tariffs. Cramer’s previous comments about Hewlett Packard Enterprise Company (NYSE:HPE) have shared that the firm is facing tough market share and advised viewers to sell the shares and probably buy Dell. This time around, he commented on the firm’s booth at the GTC conference:
“You have to go booth by booth, at the GTC, the conference. And what happens is you see, like I went to the HPE. . . and I said I want to speak to the CEO. So the CEO is just produced, even though he’s right next to me. Talked to him. David, it’s going to beyond cool. It’s more than just picking up jello cubes. They don’t have enough people to come work at a warehouse.”
Previously, Cramer commented on Hewlett Packard Enterprise Company (NYSE:HPE)’s earnings report:
“[HPE on a 52-week low] That was a terrible call. The conference call. Because Neri I think was way too bullish. When they start telling you everything is good, good, good, oh but we did have some 800 basis points of margin pressure. No, no you start with that call by saying, okay we don’t have the horses. And we’re gonna get ’em. But we don’t have the horses. You do not start optimistic. And I like Mr. Neri very much. But he was way too glib about the problems that are facing him. And he should have been more apologetic. About what he did.”
“Well, first he, tariff uncertainty. The other guys are killing him. They’re taking big share from him. He starts you know, he’s focused on that acquisition that I don’t think. . . .he starts with that. But he just says look I’m very proud of the quarter. I mean don’t be proud of a bad quarter. People see you as, listen to me, when you have a huge miss like he, when you have gigantic decline in gross margins, down 680 basis. Uh weak server numbers that were just terrible. You have big work reductions. Uh you have tariff uncertainty. It was a terrible quarter. Why not just say, you know what, we didn’t do a good job. And then I would say, okay well let’s work on that. You had to do layoffs, you’re biting the bullet, that’s terrific. But you can’t be glib. And I think part of the problem is he’s got that great optimistic nature. But sometimes you have to just you know what, we didn’t deliver. And you have to swallow your optimism and come in a little more humble.”
15. Conagra Brands, Inc. (NYSE:CAG)
Number of Hedge Fund Holders In Q1 2025: 39
Conagra Brands, Inc. (NYSE:CAG) is an embattled food products company whose shares have lost 26% year-to-date. The stock has struggled due to a multitude of factors. These include analyst downgrades stemming from high meat prices expected to affect the income statement, an updated outlook that expects sales to fall by 2% in 2025, and supply chain issues leading to its earnings missing analyst estimates. Cramer’s previous comments about Conagra Brands, Inc. (NYSE:CAG) have commented on the firm’s ability to potentially benefit from GLP-1 drugs despite being a food company and high yields. This time around, he revealed that Conagra Brands, Inc. (NYSE:CAG) was removing synthetic dyes from its products:
“Conagra, and . . . Nestle, are all taking the dyes out. The synthetic dyes.”
Previously, Cramer commented on Conagra Brands, Inc. (NYSE:CAG)’s yield ahead of its earnings:
“Thursday’s quiet on the Washington front but it’s a good prelude to the beginning of earnings season. Conagra reports, okay, and the last time we heard from this package fruit company was a bit dispiriting. One look at that yield north of 5% tells you that something’s very awry here.”
14. The Kraft Heinz Company (NASDAQ:KHC)
Number of Hedge Fund Holders In Q1 2025: 46
The Kraft Heinz Company (NASDAQ:KHC) is a well-known American food company. Its shares have lost 16.8% year-to-date amidst struggles in the broader food sector due to inflationary pressures and weight loss drugs. The Kraft Heinz Company (NASDAQ:KHC)’s shares have tumbled on the back of several bearish catalysts. These include a miss of its fiscal fourth quarter revenue and a poor 2025 profit-per-share guidance of $2.685 which missed analyst estimates of $3.04. In his previous comments, Cramer has remarked on The Kraft Heinz Company (NASDAQ:KHC)’s poor value proposition. This time around, he shared that the firm was removing dyes from its food products:
“. . .and Kraft Heinz. . .Nestle, are all taking the dyes out. The synthetic dyes.”
Cramer’s earlier remarks about The Kraft Heinz Company (NASDAQ:KHC) were quite hard-hitting. Here’s what he said:
“Waste of your capital. Waste of your capital. There’s so many great stocks that have come down. I mean, unbelievable stocks that have come down so much that I can’t believe it. And I think you just gotta change, I mean, look, we’re looking at, for instance, Texas Roadhouse, okay. This one’s come down gigantically. It is now incredibly inexpensive, and it’s got what I regard as being a fantastic value proposition. I’d much rather see you in that than I would see in Kraft Heinz.”
13. General Mills, Inc. (NYSE:GIS)
Number of Hedge Fund Holders In Q1 2025: 43
General Mills, Inc. (NYSE:GIS) is a packaged food company whose shares have dipped by 20.5% to make it one of the worst-performing food stocks in the market. June has seen the firm extend its losses over peers owing to a 5% drop after the firm’s midpoint full-year profit drop guidance of 12.5% was significantly larger than analyst estimates of 4.8%. General Mills, Inc. (NYSE:GIS)’s fiscal fourth-quarter revenue of $4.56 billion also missed analyst estimates of $4.59 billion. The only silver lining was the firm’s 74 cents earnings beating estimates of 71 cents. Cramer shared that General Mills, Inc. (NYSE:GIS) is removing synthetic dyes from its food products:
“. . .General Mills, Nestle, are all taking the dyes out. The synthetic dyes.”
In his previous comments about General Mills, Inc. (NYSE:GIS), Cramer discussed the earnings and the earnings call:
“Finally, there are the miserable consumer packaged goods plays. Oh my god, they’re so horrible. Today, the once invincible General Mills… put up incredibly weak numbers. The General used to be the most clockwork of the group. Today, the stock slipped over 5%. Amazing. Look, if you listen to management on the conference call, they don’t even sound challenged. It seems like they think it’s business as usual. They chatter on and on about some algorithm that gives them the numbers they want, but they don’t seem to understand that they gotta cut price big time or do some merging in order to make things palatable.”
12. Micron Technology, Inc. (NASDAQ:MU)
Number of Hedge Fund Holders In Q1 2025: 96
Micron Technology, Inc. (NASDAQ:MU) is the only American company that makes and sells leading-edge memory chips. This provides the firm with a wide moat at least when it comes to domestic exposure particularly due to President Trump’s efforts to expand US manufacturing. Micron Technology, Inc. (NASDAQ:MU) is also NVIDIA’s only American supplier of high-end memory chips to NVIDIA for the latter’s high-end AI GPUs. The firm’s shares have gained 42% year-to-date, with a fresh catalyst being its fiscal third-quarter earnings report which saw Micron Technology, Inc. (NASDAQ:MU)’s $9.3 billion in revenue and $1.91 in earnings beat analyst estimates of $8.87 billion and $1.60. The firm’s $10.7 billion in guidance also beat estimates of $9.88 billion. Cramer discussed the stock’s recent performance ahead of interviewing its CEO:
“You know David, about a year and half ago, I tried to get Sanjay Mehrotra to say incredibly bullish things. He pulled me back. He said, Jim it’s not there yet. I’ll tell you when it’s there. Well, you know what, it’s there now. Micron shares, moving higher after beating the top and bottom line. Shares now up more than 55% year-to-date. It’s the old Micron!”
Earlier, Cramer discussed Micron Technology, Inc. (NASDAQ:MU)’s share price performance:
“I think it is getting a little toppy. I think the market’s getting a little toppy and Micron’s going to go with it. Now, it went down to 66. I think it could go down to 80 without a problem, and then you’ll probably want to buy it again. But I sense that there is a trade here, not an investment, for the moment, and you need to do a little [kaching kaching].”
11. Palantir Technologies Inc. (NASDAQ:PLTR)
Number of Hedge Fund Holders In Q1 2025: 77
Palantir Technologies Inc. (NASDAQ:PLTR) is a data analytics company that has become one of the fastest-growing firms on the stock market. The firm’s shares have benefited particularly due to the Trump administration’s efficiency drive and its government contracts. Palantir Technologies Inc. (NASDAQ:PLTR)’s shares have gained 74% year-to-date due to strong earnings reports and popularity among retail investors. Here are Cramer’s remarks about the firm:
“There’s a company I know. I think it has an algorithm that spits out what would move a stock. Because I can’t believe this Palantir. Today, nuclear operating system and OS will achieve on-time, on-budget nuclear construction, Palantir. That’s what they’re doing. That’s how they’re gonna be doing it.
“And, today they got. . Satya Nadella who said these guys are really important. . .I was listening to Senator Warren this morning. And she’s saying, like. . .Secretary of War, they let em bring it all in Bring Palantir in. Now she didn’t say Palantir, but David, Palantir remains a 200 dollar stock masquerading as a 144 dollar stock. Masquerading.
“[On whether he owns the stock for his charitable trust] No, I just can’t get my arms around it, all I do is recommend it though.”
Previously, Cramer mentioned how he’s been one of Palantir Technologies Inc. (NASDAQ:PLTR)’s biggest fans:
“And by the way, Palantir. A guy asked me, why aren’t I more bullish on Palantir? I said when it was at 50 I said it was going to a 100. When I said it was a hundred, I said it was going to 200. I can’t raise it yet! Can it go to 200? First they had them on this morning, I mean you know different guy, they didn’t have Karp on. This guy didn’t curse. It was great because it would have been double curse if we had Karp and the President.”
10. Starbucks Corporation (NASDAQ:SBUX)
Number of Hedge Fund Holders In Q1 2025: 70
Starbucks Corporation (NASDAQ:SBUX) is a frequent feature of Cramer’s morning show. In most of his appearances, the CNBC host spends quite a lot of time defending CEO Brian Niccol from bearish market sentiment. Recently, he praised Niccol’s strategies of cutting prices in China and purportedly selling some of Starbucks Corporation (NASDAQ:SBUX)’s China operations. This time around, he delved a bit deeper into the latter front:
“What Starbucks? Meeting with Brian Niccols, one of the firms met with him and I think that there are a lot of people who doubt Brian. I think why don’t I send those people an invitation to their own funeral? Barclays, 98 goes to 108, fundamental metrics.
“[On reporting surrounding a possible China sale] Okay so Brian told me. . .you once explained to me about how it works. That there is a lot of firms that will hire. . .whatever and say hey listen I’m exiting the Chinese business. Next thing you know you got a dialogue. And next thing you know, you hear about talks. Remember how you taught me that? That’s what this is. It’s like some people are saying hey listen I’m ready to buy. What Brian was I think kind of stunned by is that so many companies wanted.
“[On whether that would motivate him to sell] I know this sounds rare in this world, Brian will do what’s right. If he thinks that that’s a good thing, he will sell it. He has no agenda on this. He just wants to make a lot of money for shareholders. His main thing was the four minute Starbucks. He’s got it down. No one’s talking about this. It’s the most important thing he’s done. The throughput. He has it so that the time between order and cup, four minutes. People said that it couldn’t be done. People said it couldn’t be done with this labor force. I am so all in Brian Niccol. That he is, Brian Niccol is to coffee, as Jensen Huang is to semis.”
Cramer’s previous remarks about Starbucks Corporation (NASDAQ:SBUX)’s CEO were quite detailed:
“I see the name Starbucks Corp (NASDAQ:SBUX) stock down five and change and I’m boiling. I got—I’m steamed. Not the company or the CEO Brian Niccol or even the coffee. No, I was steamed because of the stupid sellers who are furiously dumping the stock as fast as they could. Sell, sell. There’s Brian Niccol. How dare they. The market opened up hideously off an awful gross domestic product number this morning—showed the economy actually shrinking. Oh my god. 3% in the first quarter. So Starbucks Corp (NASDAQ:SBUX) was just part of the red ink that drenched us.
Why? Because of Niccol, that’s why. You see, I find that when you have a bankable jockey — and Brian’s the man who previously turned around Chipotle — the operator took the chain from the brink of food contamination death and moved the stock up 776% during his tenure versus 109% for the S&P. Well, you gotta ride him. Niccol. You gotta ride him. A Starbucks Corp (NASDAQ:SBUX) newfound glory coming.”
9. Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holders In Q1 2025: 159
Apple Inc. (NASDAQ:AAPL) is one of Cramer’s favorite companies, a position that he’s held despite the shares having lost 17.5% year-to-date. The firm has struggled due to investors’ disappointment with its AI strategy, troubles with Chinese manufacturing, and slowing iPhone sales. In this particular appearance, in a long-drawn discussion with co-host David Faber, Cramer stressed that he likes Apple Inc. (NASDAQ:AAPL) because of its user base and product quality:
“[On why he got sad as soon as Apple was mentioned] Okay because I think they’re gonna maybe miss this quarter but the 17 might not be selling that well. We got a President that went from I think very grateful for 550 billion dollars of spend here to being someone who I think, I don’t wanna say ridicule, but had some sport with Tim Cook, who is maybe one of the greatest if not the greatest executives of our time. I didn’t like that. He moved to China. That was supposed to be loved. But that turned out to be hated. So he moved to India, which is a country which we really wanted under our umbrella. And that he’s made sport of the Indian move. And he does not have an AI strategy, I’m talking about Tim Cook. And I wanted him to buy Perplexity, a month ago because Perplexity is by far the. . .
“But what they do buy, and this has really gotten me down, is they just keep buying their stock. And I think that from one look at their stock, that’s not working. It’s not working anymore.
“[Commenting on a JPMorgan report pointing about demand moderation] There was a critical line in that piece. Which talked about the PE multiple. The price-to-earnings multiple and says we have to pay less for what Apple’s doing. Now David, it sells for 28 times earnings. IS that 20 times earnings? 22? Now I think Apple, you I think it’s the greatest company on earth. . .okay I do think NVIDIA’s the greatest company, but I do think that it makes the greatest product on earth. As long as they do that, I’m gonna stick with it for my charitable trust. As long as they do that.
“The superior product is going to win. The billion, the number of users. The fact is everybody wants their installed base. But I also know that Alphabet paid them 20 billion to be the default and that seems to be the part of discussion now.
“No and then the revenue stream with Epic Games maybe you don’t get the 30% from them. They’re challenged on every front. . .As long as they have the greatest product in the world, I am going to support that company.
“[On when he would change his mind] When Samsung takes some share away from them, then I will. When Samsung takes appreciable share, when there’s not enough retention, then I will change. But I don’t believe that, but that’s when I would have to change my view. But right now, I can’t change my view on that.”
8. Advanced Micro Devices, Inc. (NASDAQ:AMD)
Number of Hedge Fund Holders In Q1 2025: 97
Advanced Micro Devices, Inc. (NASDAQ:AMD) is a semiconductor designer that operates in the CPU and GPU markets for personal and enterprise computing. The firm’s shares have been a standout in June as they have gained almost 30% during the month so far. Advanced Micro Devices, Inc. (NASDAQ:AMD)’s shares have benefited from positive analyst commentary about its ability to compete with NVIDIA to grow its market share and increase its presence in China. Cramer’s remarks touched some of these points and mentioned the AI PC market. Advanced Micro Devices, Inc. (NASDAQ:AMD)’s shares struggled last year as while the firm targeted the AI PC market, demand failed to materialize. Here’s what Cramer said:
“People don’t realize Sanjay [Sanjay Mehrotra, Micron’s CEO], I know that Sanjay was a bit verbose, in his answers. . .look I’ve known Sanjay for years, you can tell him after this, but I think what you have is, you have a PC market that could be exploding. And I didn’t think that. . .but it also makes sense with AMD going up every single day. Because that could be PC.”
“Lisa Su has that, she always told me that she could get these inference chips and she got them. And once you have them, you have a little bit of a dogfight.
“They don’t have anything as competitive, that’s the problem, every time you try to catch up with Jensen . . .”
Previously, Cramer discussed Advanced Micro Devices, Inc. (NASDAQ:AMD)’s competitive ability with NVIDIA:
“Lately though, we’ve been seeing AMD, their only semi-meaningful competitor; stock’s up like 40 straight points, win[s] a lot of business. Same with Cisco, Arm Holdings. Marvell Tech. Broadcom plays a huge role in these. Vertiv makes power and cooling equipment for the data center.
CoreWeave runs data centers and rents out their computing power. Dover and Eaton supply parts of the infrastructure. Vistra Energy and Constellation Energy produce and sell electricity for the data center. GE Vernova makes the turbines for the power plants…. The data center alone has caused a huge spike in electricity demand, and the ancillary players from that anomaly are doing well too.”
7. Microsoft Corporation (NASDAQ:MSFT)
Number of Hedge Fund Holders In Q1 2025: 284
Microsoft Corporation (NASDAQ:MSFT) is the world’s largest consumer software company. It was also an early mover in the AI software market due to its partnership with OpenAI. However, 2025 has seen the narrative around Microsoft Corporation (NASDAQ:MSFT) shift a little bit as the firm’s relationship with OpenAI purportedly sours. Yet, at the same time, the stock has benefited from a strong earnings report which indicated to investors that Microsoft Corporation (NASDAQ:MSFT) has finally started to perform well in its cloud computing business. Cramer discussed the firm in the context of these factors and AI PCs:
“It’s moving because this Morgan Stanley piece revisiting Microsoft plus OpenAI. . . .Azure AI revenue, very strong. In keeping with what you [David] said, when you asked Sanjay Mehrotra the CEO [why the AI-enabled PC hasn’t taken off]. . his response was, just you wait. And that would be incredible for Microsoft. People don’t realize Sanjay, I know that Sanjay was a bit verbose, in his answers. . .look I’ve known Sanjay for years, you can tell him after this, but I think what you have is, you have a PC market that could be exploding. And I didn’t think that.”
Earlier the CNBC TV show host discussed Microsoft Corporation (NASDAQ:MSFT)’s relationship with OpenAI:
“We didn’t even talk about Microsoft and the war that must be going with ChatGPT.
“[On whether they’ve become pure enemies from frenemies] Yeah I think so, they got the US-China situation.
“Microsoft’s stock has done quite well. Incredible. But it’s [OpenAI] worth about a hundred billion of Microsoft’s market cap.”
6. Best Buy Co., Inc. (NYSE:BBY)
Number of Hedge Fund Holders In Q1 2025: 36
Best Buy Co., Inc. (NYSE:BBY) is an American technology products retailer. The firm’s shares have lost 20.8% year-to-date as the firm has struggled from weak earnings performance and tariffs. Best Buy Co., Inc. (NYSE:BBY) cut its 2026 earnings guidance to a midpoint of $41.5 billion from an earlier $41.8 billion based on the assumption that tariffs will stay consistent until the end of this year. Best Buy Co., Inc. (NYSE:BBY)’s stock also struggled in 2024 as the firm bet heavily on AI PCs only to be left with excess inventory as demand failed to materialize. Cramer commented on this particular aspect:
“It’s moving because this Morgan Stanley piece revisiting Microsoft plus OpenAI. . . .Azure AI revenue, very strong. In keeping with what you [David] said, when you asked Sanjay Mehrotra the CEO [of Micro] [why the AI-enabled PC hasn’t taken off]. . his response was, just you wait. . .People don’t realize Sanjay, I know that Sanjay was a bit verbose, in his answers. . .look I’ve known Sanjay for years, you can tell him after this, but I think what you have is, you have a PC market that could be exploding. And I didn’t think that. That’s BestBuy situation, but it also makes sense with AMD going up every single day. Because that could be PC.”
In his earlier remarks about Best Buy Co., Inc. (NYSE:BBY), Cramer discussed the firm’s earnings:
“The numbers out today were much better than expected—not better than expected, not better than feared, much better than expected. There was without a doubt a shock when you saw how good these were, because what it said is that Corie Barry and raised the div to, in this environment, is just doing incredibly well. And then there was this paragraph at the end of her talk where she said, of course, tariffs are coming, get a lot of stuff from China and Mexico, and we’re going to have to raise prices. We’re not sure how much we’re going to have to raise prices.”
5. CoreWeave, Inc. (NASDAQ:CRWV)
Number of Hedge Fund Holders In Q1 2025: 36
CoreWeave, Inc. (NASDAQ:CRWV) has been one of the top-performing stocks this year. Despite the fact that the shares were listed for trading in March, they have gained nearly 300% since then. CoreWeave, Inc. (NASDAQ:CRWV) is a key player in the AI ecosystem as the firm provides infrastructure that allows software companies to run their AI models. Cramer’s been a fan of the stock and defended it as reports about a conflict of interest surfaced around its IPO. In this appearance, he explained why he had faith in CoreWeave, Inc. (NASDAQ:CRWV):
“That deal only got done because of NVIDIA. The reason that deal got done at 40 was because NVIDIA came in and just bought a ton. And it was not gonna get done without NVIDIA.
“I mean you have to understand I spent a lot of time with Entrator, I spent a lot of time with Jensen, Entrator being the CEO of CoreWeave. And by the way, no one was talking to him, no one was talking to him. I spent some time talking with some of the customers, well actually with many customers. And I just went to a data center and I said oh my god, oh my god, how’s this possible? It’s all CoreWeave, everything’s CoreWeave.
“[On concerns about MSFT having a large portion of the business] I remember him [CEO] telling me look you think this is a great partnership, all day I’m getting orders from everybody. And he never told me anything he shouldn’t tell me, but I just think that he’s a great guy who does not act as if he from Silicon Valley cause he’s not!
“The short sellers were so stupid it’s really incredible.”
In a recent appearance, Cramer discussed CoreWeave, Inc. (NASDAQ:CRWV)’s share price performance:
“Look can I just say that these are some of the most bullish things I’ve seen in my career? That CoreWeave could have been priced at 40 and it went to 178. That this Circle just keeps being bought, that Palantir keeps being bought. That a Broadom is going, that Goldman is going. . .”
4. McCormick & Company, Incorporated (NYSE:MKC)
Number of Hedge Fund Holders In Q1 2025: 42
McCormick & Company, Incorporated (NYSE:MKC) is one of America’s largest spice companies. While food stocks have faced a bloodbath in 2025 as inflation and GLP-1 drugs cut into their revenue, McCormick & Company, Incorporated (NYSE:MKC)’s shares have fared well as they are flat year-to-date. McCormick & Company, Incorporated (NYSE:MKC)’s stock jumped by 5% in June after the firm’s fiscal Q2 earnings of $0.69 beat analyst estimates of $0.66 and its revenue met the estimates. The low-end of its full year earnings guidance of $3.03 per share also beat estimates of $3.02. Cramer explained that the results saw food investors rush to a stock they thought could do well:
“Okay, McKornick is up four dollars. Now Brendan Foley runs the company, it’s not MCK, it’s MKC. Now here’s what important about this. I haven’t seen a food company guide up and they did. Why? Okay, spices are not anything that has to do with GLP-1, they don’t put weight, they don’t put weight. So think about this, mustard doesn’t put weight. It’s one of the few foods that doesn’t. Spices, way to be able to make something better, not fattening. They are fitting with the GLP-1 zeitgeist. And that’s why the stock is up three.
“What happens is David, people who cover the food group, they say oh my god I got one good, I got one good, and they will push Brendan Foley, this stock will go up another, I think it will go to, to 52-week high of 85.
“Look I don’t own any of these stocks for my charitable trust. I don’t have any of these for my charitable trust.”
Cramer discussed McCormick & Company, Incorporated (NYSE:MKC) in detail in March. Here is what he said:
“And I just wanted to defend McKormick for a second, now they do have two percent volume growth. It’s not bad. They do have some currency that really knocked things down. People are not factoring it. If you factored in the currency which was bigger than they thought, it’s actually in-line. But what I like about McKormick best, is that people are, when people are . . .and don’t want to go out to expensive restaurants, they cook. And when you cook, you use spice. . .And McCormick is a spice company, and I think they’re gonna do very well if things get, uh, let’s say tougher in the country. Because do it yourself does well. And cooking does well. And McCormick will do well.”
“I like to look at the future. And Brendan Foley I think is going to do a good job. I think that, they talk about, look they talk about Europe being very strong. Which does matter. And they just talk about, listen you gotta recognize that, you have to recognize the behavior of people. And, there are a lot of people. . .who think there’s a slowdown. And they’re very very concerned. And they’re cooking at home.”
“And I’m just saying, don’t give up on it. Because, if you think that we’re having a slowdown, people are going to cook at home. You were gonna wish you were in it.”
“And I don’t think that’s wrong, because the restaurant costs so much unless you go to Longhorn’s, you know well Longhorn’s cheaper . . .or you go to Texas Roadhouse, or you go, Cracker Barrel’s. . .but I just think that, people aren’t, KB Homes, that was a big cut price in their homes. First time.”
3. Walgreens Boots Alliance, Inc. (NASDAQ:WBA)
Number of Hedge Fund Holders In Q1 2025: 60
Walgreens Boots Alliance, Inc. (NASDAQ:WBA) is the embattled pharmacy retailer which is going private. Its shares have gained 24.6% year-to-date primarily on the back of its deal to go private. Cramer has frequently discussed the stock this year. In his earlier appearances, the CNBC host has praised the deal as he was worried that Walgreens Boots Alliance, Inc. (NASDAQ:WBA) would become a “zombie” otherwise. This time around he discussed the firm’s latest quarter and explained why the shares hadn’t moved despite the upbeat results:
“Positive news here in the M&A front. Walgreens. Sycamore’s buying them. They reported a very good quarter last night. First upside surprise that I can recall. Remember Sycamore’s getting the actual drug stores. But I think this is actually very hopeful for Sweeney and his team. I also think David that perhaps, they get to sell some of these healthcare clinic businesses and you’re gonna find that this is, it’s going to work. I can’t believe it.
“I know, that’s why I thought, if this quarter had been really bad I would have said oh boy, they bought more than they could chew. It did not happen. I also think that I am worried about Amazon, and I’ve said it to them over and over again, Amazon is your drugstore. But it’s good to see.”
Cramer discussed Walgreens Boots Alliance, Inc. (NASDAQ:WBA) after Sycamore decided the acquire the firm. Here’s what he said:
“A few weeks ago, Walgreens decided to sell out to a private equity firm, a storied name. See you later. The company that’s buying them? Sycamore. I think this was a great deal for Walgreens because otherwise, I figured it would go the way of the zombie firm…. But let’s see if things have gotten better or if maybe, there’s some real buyer’s remorse. Nothing would shock me.”
2. Intuit Inc. (NASDAQ:INTU)
Number of Hedge Fund Holders In Q1 2025: 87
Intuit Inc. (NASDAQ:INTU) is a financial software firm that caters to the needs of businesses and consumers. The firm provides software that enables businesses and consumers to manage their finances, accounts, and ensure regulatory compliance. Intuit Inc. (NASDAQ:INTU)’s shares have gained 24.7% year-to-date due to strong earnings performance and legislation. Cramer’s previous comments about the company have called it a terrific company. He reiterated the belief this time around:
“And then a company that I really love. Intuit. Which has, if you’re a small businessperson, they’re your savior. And I think that people don’t know it until you start a business and realize I can’t keep calling my accountant they cost too much money. They’ve got really positive AI stuff too.
“TurboTax, right. QuickBooks. But what’s happened is this that the TurboTax AI has exploded. 47% growth I was looking for 20%.”
1. FedEx Corporation (NYSE:FDX)
Number of Hedge Fund Holders In Q1 2025: 62
FedEx Corporation (NYSE:FDX) is one of the biggest freight and logistics companies in the world. Its shares are dependent on global and American economic performance. Year-to-date, FedEx Corporation (NYSE:FDX)’s shares have lost 16.5% on the back of a devastating 19% drop in the aftermath of the Liberation Day tariffs. Cramer’s previous comments about the company have discussed how its business-to-business operations are failing to perform. However, despite this, the CNBC host prefers FedEx Corporation (NYSE:FDX) over its rival UPS. Cramer also likes the firm’s CEO. His latest remarks urged viewers to keep an eye on President Trump’s anger towards Spain and how it could affect global logistics companies like FedEx Corporation (NYSE:FDX):
“I wanna keep an eye on that, because I know that a company like FedEx, I mean cross border’s really, really huge.”
Here’s what Cramer said after FedEx Corporation (NYSE:FDX)’s latest earnings results:
“Third loser, freight transportation. Truckers can’t seem to make their numbers. The railroad stocks can’t get any momentum. FedEx showed you how hard this business is when they reported last night. Their business-to-business service has been stuck in neutral, even as the business-to-consumer side is okay, but FedEx hasn’t been able to make the Street’s numbers.
I think we’ve got some opportunity here, though. FedEx has cut its capital expenditures and chopped its expenses. It’s a coiled spring. I like coiled springs, but understand that it won’t spring until we see how the tariffs shake out, because so much of the business involves import-export. Until then, spring stays coiled.”
While we acknowledge the potential of FDX to grow, our conviction lies in the belief that some 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 FDX and that has 100x upside potential, check out our report about this cheapest AI stock.
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