Jim Cramer, host of Mad Money, on Wednesday, described the overall landscape as complex and, in many ways, conflicting.
“Sometimes you just can’t pin a market down. You see things that are so solid, real companies doing real things and getting rewarded for them. Then you see other companies, small-cap companies, they’re being pushed higher by hedge funds and social media, with stocks that have no business going higher.”
READ ALSO: Jim Cramer Recently Commented on These 6 Stocks and Jim Cramer Recently Discussed These 8 Stocks.
Cramer noted that it is a market that is widening but still not broadly healthy enough to be reassuring. He said, “It’s speculative but not so speculative that it’s worth worrying too much about.” Despite the noise and questionable stock surges, he still believes the market has more working in its favor than against it.
However, Cramer expressed concern about what he sees as increasing “froth” in certain corners of the market. He said that there is a level of speculation being driven by some hedge funds and retail traders connected to Reddit forums, adding that the speculation makes his “stomach, well, let’s say, churn.”
“The bottom line: It’s mixed. Some good, some bad. You know what? When it gets all good, it will be too good. When it gets all bad, it’ll be too bad. Maybe right now it’s just right, and we should be skeptical but not cynical because there’s too much money being made, and I don’t want you to leave the table.”
Our Methodology
For this article, we compiled a list of 17 stocks that were discussed by Jim Cramer during the episodes of Mad Money aired on July 23. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the first quarter of 2025, which was taken from Insider Monkey’s database of 1,000 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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
17. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders: 212
NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks that Jim Cramer weighed in on. Cramer mentioned the stock in light of evolving investment strategies, as he said:
“What is the solution to this? Look, in my forthcoming book, How to Make Money in Any Market, I have banished my antiparabola bias. I have a method I reveal of picking five stocks to go alongside an index fund with some money added each month. I state point blank that if you are in your 30s or older, you should own one speculative situation like an Oklo, okay, or a Joby. Just one. It could fail you after going parabolic. Moreover, if you’re under 30, you can pick two speculative names out of five because you’ve got enough time to make back any potential losses.
Now, you may think I’m reckless for endorsing any of these even with caveats, but it’s time to admit that for many years now, speculative stocks with great growth, they’ve worked. Oh, and let’s not forget, they don’t have to stay speculative. NVIDIA stock has had many parabolic moves, including the one that started in April. To keep yourself out of these runs because of a principle that stopped working ages ago, that’s to be blind to change, and I don’t like it. I don’t want to be that way.”
NVIDIA Corporation (NASDAQ:NVDA) provides advanced computing, graphics, and AI solutions across sectors like gaming, data centers, and automotive. The company’s products include GPUs, cloud services, and AI platforms.
16. Palantir Technologies Inc. (NASDAQ:PLTR)
Number of Hedge Fund Holders: 77
Palantir Technologies Inc. (NASDAQ:PLTR) is one of the stocks that Jim Cramer weighed in on. Cramer noted that it is easier to justify buying the stock than many others. He commented:
“Now, you know that acronym that came up with PARC, Palantir, AppLovin, Robinhood, and Coinbase, that’s been spot on. Even as I’m not encouraging anyone to buy any of them, I’m simply pointing out that they’re straight-up stocks, especially Palantir, which had a bad outing yesterday, but was right back today, flying $5 and 50 cents to about a point below its high.
Once again, these parabolic moves feel justified because all four have explosive earning streams. In that sense, it’s a heck of a lot easier to justify buying PARC than so many of the other stocks like a Joby or an Oklo.”
Palantir (NASDAQ:PLTR) develops software platforms that help organizations analyze complex data and make operational decisions. The company’s products support counterterrorism, enterprise data integration, AI deployment, and real-time software delivery across various environments.
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