Jim Cramer, host of Mad Money, cautioned viewers on Wednesday that the likelihood of making money from many speculative stocks has become extremely low.
“I keep warning you that it’s time to ring the register on the speculative stocks so you don’t get wiped out like you would’ve on days like today. But speculation itself is not bad. In a five-stock portfolio like I suggest in How to Make Money in Any Market, I actually encourage speculation, especially for young people… But if you’re going to speculate, you need to do it wisely.”
READ ALSO: Jim Cramer Recently Highlighted These 13 Stocks and Jim Cramer Recently Answered Questions About These 10 Stocks.
Cramer went on to explain that he is not dismissing the possibility that some of the speculative stocks could eventually become successful companies. He said that his concern is that the current odds of various speculative stocks delivering meaningful returns are very low, especially now that the speculative mania of recent months has cooled. During that frenzy, investors were buying at high prices with the hope of selling even higher. He remarked that the wave of market euphoria appears to have ended.
“I don’t think the speculative stocks are going to return to their previous heights of two weeks ago. I presume that they can bounce because that’s what they do. They’ll suck people back in. Gold will go up, or crypto or of course gold standard, Palantir, and the whole shebang will start rallying again, and you’ll think, haha, here it comes. However, from my perch, when you get the kind of destruction of the froth that we’ve had in the last 10 days, it isn’t easy to put Humpty Dumpty back together again.”
Our Methodology
For this article, we compiled a list of 8 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on October 22. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the second quarter of 2025, which was taken from Insider Monkey’s database of over 900 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 Was Recently Asked About These 8 Stocks
8. BILL Holdings, Inc. (NYSE:BILL)
Number of Hedge Fund Holders: 45
BILL Holdings, Inc. (NYSE:BILL) is one of the stocks Jim Cramer was recently asked about. A caller asked about the stock, noting it is still down roughly 70% for them but has rebounded about 30% in the past six months. Cramer replied:
“David had a really interesting interview with Jeff Smith, and he’s from Starboard. They have… new directors. I am going to go with them and buy, I’m going to recommend buying BILL Holdings.”
BILL Holdings, Inc. (NYSE:BILL) provides a cloud-based financial platform that automates accounts payable and receivable and improves digital payments and cash flow management. Parnassus Investments stated the following regarding BILL Holdings, Inc. (NYSE:BILL) in its Q1 2025 investor letter:
“We initiated positions in several disruptive, highly innovative companies whose valuations fell sharply during the sell-off. We re-initiated a position in BILL Holdings, Inc. (NYSE:BILL), which operates an innovative SMB-focused payments automation platform (Bill.com). We see significant growth potential ahead resulting from its ability to further penetrate the market for small-to medium-sized businesses.”
7. Uranium Energy Corp. (NYSE:UEC)
Number of Hedge Fund Holders: 32
Uranium Energy Corp. (NYSE:UEC) is one of the stocks Jim Cramer was recently asked about. During the lightning round, a caller asked about the stock, and here’s what Mad Money’s host had to say in response:
“No… We had that. We had that. We had that…. I mean, I gotta tell you, GE Vernova was very enlightening. Don’t buy these uranium companies. We’re like done, okay, they’re up too much. We’re not… going to be like shoveling new uraniums. These are not like coal plants. They’re not like forest fires. These are nuclear power plants. They take forever to build. There will be one that’s going to open in 2028. But these ones that need this, I’m talking about 2035. We’re not playing this game.”
Uranium Energy Corp. (NYSE:UEC) explores, develops, and processes uranium and titanium concentrates through its mining and extraction operations. When a caller inquired about the stock during the August 13 episode, Cramer commented:
“I like nuclear… Do I care that it’s up in a straight line? Not anymore. No. Because like Oklo, when I bought that, I told you, buy that Oklo, doubled. I want money to be made. That’s what I’m here for.”
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