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.”
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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.
15. Joby Aviation, Inc. (NYSE:JOBY)
Number of Hedge Fund Holders: 23
Joby Aviation, Inc. (NYSE:JOBY) is one of the stocks that Jim Cramer weighed in on. Cramer made some positive comments on the company and said:
“Same with Joby Aviation, known to some as the flying car company. I was hesitant to say anything positive about this one. It had gone straight up for six to eight bucks, but then I read that Boeing had a flying car too, one with a vertical takeoff feature, and I believe that Joby is ahead of Boeing, so I recommended it on a small pullback. Next thing you know, the stock’s at 17 and change, more than a double. Again, the parabola fear, wrong.”
Joby (NYSE:JOBY) is developing electric vertical takeoff and landing aircraft for aerial ridesharing services. The company also plans to provide an app-based platform for booking air transportation.
14. Oklo Inc. (NYSE:OKLO)
Number of Hedge Fund Holders: 23
Oklo Inc. (NYSE:OKLO) is one of the stocks that Jim Cramer weighed in on. During the episode, Cramer mentioned the stock and remarked:
“Until this market, I found it very hard to recommend anything… because historically, parabolic moves tend to explode in your face. But you know what? I violated my rule for this market simply because the moves are too big and the opportunities too frequent to pass on all of them. I don’t want you to miss making some big money because of a view that might no longer be relevant. Let’s take some stocks.
Take Oklo, okay. You might have seen them on TV today. Here’s a company that I’m asked about every couple of weeks, one that’s working on new nuclear technology. I felt that the stock’s parabolic run from $21 to $31 was just too steep for me, even as I’m a huge believer in nuclear. Finally, I switched my view and told people to buy it regardless of the parabola because it has just so much going for it. Today, Oklo announced an integrated power solution for data centers, might be worth billions to shareholders. It’s a turnkey solution no one else has. The stock has now doubled since I waived my parabola ban, doubled.”
Oklo (NYSE:OKLO) develops advanced fission power plants to deliver clean and affordable energy. The company also focuses on recycling nuclear waste into usable fuel for its reactors.
13. Lowe’s Companies, Inc. (NYSE:LOW)
Number of Hedge Fund Holders: 68
Lowe’s Companies, Inc. (NYSE:LOW) is one of the stocks that Jim Cramer weighed in on. During the lightning round, a caller asked if they should buy, sell, or hold the stock, and here’s what Cramer had to say in response:
“Marvin Ellison is hitting the ball. He’s doing his best. He got the, Fed chairman won’t cut the rates. We don’t have a lot of housing turnover. You think I’m going to quit Marvin Ellison now? Absolutely not.”
Lowe’s (NYSE:LOW) is a home improvement retailer that provides products for construction, repair, and decorating. Additionally, the company offers installation services, protection plans, and sells through both physical locations and digital platforms. Cramer mentioned the company in a February episode of Squawk on the Street. He commented:
“Marvin Ellison, go[ing] back and forth with him, this was an excellent quarter. Particularly considering rates, although the rates have come down a little bit. And the lack of housing turnover which is typically been the key metric because when there’s housing turnover you go to Lowe’s, you tend to rehabilitate, you make it so you rennovate. I was struck by the fact that the numbers were [inaudible] are improving. Because Lowe’s is of the [inaudible] of do it yourself. We had good pro numbers from Home Depot, good pro numbers from Lowe’s, something could be on here David. It is not as bad as feared. These two companies are excellent…
… and their [Home Depot] numbers were good, in this environment. Now you gotta look, if you looked at Home Depot, or this, I mean, look everyone was, there was a lot of short money betting against these. I think that when you have a stock that goes down like this you should rethink. But I liked, I liked them…
…I’ve always liked . . .ever since Marv came in. And the Home Depot team, Ted Decker, look these teams, remember these guys take a lot of share too from the mom’s . . .there’s still mom and pop hardware stores that they take. And remember, you’re betting against now they’re Christmas Season, which is going to be, the garden season. Appliances still bad every where.”
12. CrowdStrike Holdings, Inc. (NASDAQ:CRWD)
Number of Hedge Fund Holders: 64
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is one of the stocks that Jim Cramer weighed in on. When a caller mentioned that they are thinking of selling the stock as they are up 200%, Cramer commented:
“No, you got, look, you have the best. Okay, you are in the best, other than Palo Alto… Here’s what you’re going to do: You’re going to take out your cost basis, and then you’re going to let the rest run. And I’ll see you at $1,000.”
CrowdStrike (NASDAQ:CRWD) provides cloud-based cybersecurity solutions through a subscription model. The company delivers protection for endpoints, cloud workloads, identities, and data, along with threat intelligence, AI-driven automation, and security management tools with its Falcon platform. During the July 14 episode, Cramer was quite bullish on the company stock as he said:
“It’s hard to believe that it’s been almost a year since CrowdStrike, the cybersecurity play that we owned for the Charitable Trust, accidentally caused widespread computer outages, the faulty file update, not a hack, like a file update that sent millions of systems offline, halting businesses across the globe. Now, fast forward today, though, and it’s like the outage never happened. Not only is CrowdStrike stock up more than 135% from its post-outage lows, it’s up almost 40% from where it was trading before the outage. That’s because cybersecurity is essential, and this particular cybersecurity firm is incredibly well run and loved in the industry. I’ve never seen such a rapid executed turnaround.”
11. Pfizer Inc. (NYSE:PFE)
Number of Hedge Fund Holders: 99
Pfizer Inc. (NYSE:PFE) is one of the stocks that Jim Cramer weighed in on. A caller asked if they should continue to hold the stock or sell it. In response, Cramer stated:
“I can’t ask you to do that because we are still on the verge of finding out what the Seagen acquisition does. Let’s give Dr. Bourla two more quarters, two more quarters, and then… we’re going to fish or cut bait, okay? Not yet. Two more quarters.”
Pfizer (NYSE:PFE) develops and markets medicines and vaccines across therapeutic areas such as infectious diseases, oncology, cardiovascular, and inflammation. The company also engages in contract manufacturing and maintains partnerships with major pharmaceutical companies. Cramer mentioned the stock in the July 11 episode and said:
“Okay, well, I have not been recommending, my stock in the pharma business is Lilly, and the med equipment is Abbott. I do think that Pfizer is an inexpensive stock. They have to have some sort of catalyst. They have to prove that they have some new cancer formulations with Seagen. If they don’t, you’re just going to be marking time, picking up that six and three-quarters dividend. That is what will happen.”
10. MP Materials Corp. (NYSE:MP)
Number of Hedge Fund Holders: 29
MP Materials Corp. (NYSE:MP) is one of the stocks that Jim Cramer weighed in on. A caller asked what Cramer thinks of the stock’s long-term prospects, and he remarked:
“But they’ve got tons of EBITDA. No, look, I mean, the stock has moved to 61. Now, I have done more work on it, and I really think that I was a little, you know, I wasn’t negative, but I think there’s even more upside, and I think you’re onto something really big.”
MP Materials (NYSE:MP) specializes in producing rare earth materials and magnetic products, with operations that include mining and processing at its Mountain Pass facility and manufacturing magnetic precursors. In a July episode, Cramer said that he has “always liked MP,” and remarked:
“Okay, I’ve always liked MP. It’s just very recently [that] people realized that it’s got great rare earth potential. Litinsky’s done a good job. It keeps losing money, that’s unacceptable, but you can own the stock.”
9. Realty Income Corporation (NYSE:O)
Number of Hedge Fund Holders: 32
Realty Income Corporation (NYSE:O) is one of the stocks that Jim Cramer weighed in on. When a caller asked for Cramer’s thoughts on the company, he replied:
“I gotta tell you, I’m going to have to say no to Realty Income. That doesn’t mean I don’t like it. I like it a lot. You gotta go for growth. Growth is the only safety. You should be looking for a nice return. I mean, I’m talking about stocks like NVIDIA. You should be in NVIDIA even right here. I really think that Realty Income is for people who are a little bit older. What can I say? Hey, it’s good to be young. Nothing wrong with that.”
Realty Income (NYSE:O) is a commercial real estate investor with a large, diversified portfolio and a focus on delivering reliable monthly dividends. In an April episode, Cramer mentioned the company after a caller inquired whether it was too early to get back into REITs. He said:
“No, absolutely not. I went over that quarter with a fine-tooth comb. I know the stock dropped down to the low 50s when they reported. I felt that there was an overreaction. I actually like the quarter, and I am still a buyer. Don’t forget, you get monthly dividend checks when you buy letter O, which is one of the reasons why I stand by it so, so much.”
8. SL Green Realty Corp. (NYSE:SLG)
Number of Hedge Fund Holders: 31
SL Green Realty Corp. (NYSE:SLG) is one of the stocks that Jim Cramer weighed in on. During the episode, Cramer mentioned that the stock will benefit when the Fed starts cutting rates, as he said:
“What went wrong here? Alright, look, this is an office real estate play, and anything real estate right now is hostage to interest rates… The quarter really wasn’t as strong as it looked… Let me say two things. First, I don’t think it makes sense to write off that savvy trade SL Green made with its Fifth Avenue investment, and that’s part of the business, isn’t it? SL Green’s knowledge of the Manhattan real estate market and its ability to make smart bets on properties in its focus areas, it’s a real positive.
Frankly, look, in a way it’s what you buy the stock for. But second, even if you’re inclined to dismiss that one-time item, I’m not too torn up about the fact that the second quarter would’ve been a disappointment without it. As CFO Matt DiLiberto reminded us on the conference call, this is a lumpy business, which is why they try to track things on an annual basis rather than going quarter to quarter…
All seems well with SL Green’s core business. Finally, I like SL Green’s long-term opportunities… I’m just talking structural factors here, like the fact that there’s minimal new supply of office buildings in New York these days, and SL Green dominates in class A office properties, which remains the strongest part of the market.
So here’s the bottom line: In the short term, SL Green’s stock will remain hostage to factors outside of the company’s control, like the direction of interest rates. But after this quarter, I really believe that the core business is in good shape, the 5.1% dividend yield is safe, and the stock could be a winner once the Fed starts cutting rates again.”
SL Green (NYSE:SLG) is a real estate investment trust focused on acquiring, managing, and improving the value of commercial properties in Manhattan.
7. GE Vernova Inc. (NYSE:GEV)
Number of Hedge Fund Holders: 111
GE Vernova Inc. (NYSE:GEV) is one of the stocks that Jim Cramer weighed in on. Cramer mentioned that he is a “big believer” in the company stock. He said:
“When you look at this incredible run in GE Vernova… The quarter was so good that this thing’s trading like it caught a takeover bid, up 14.5% today, which is a crazy move for a large capitalization stock. More importantly, GE Vernova’s monster rally makes me look like a genius… because it’s a holding in my Charitable Trust… We bought it back in May, and so far, we got a 45% gain. My only real regret is we didn’t buy more… Still, it’s been an amazing winner. The fact that it can work today after already being up 91% for the year and more than 280% since it began trading independently 15 months ago, that tells you just how stunning these results really were…
Maybe we shouldn’t be surprised that this company reported a fabulous beat and raise quarter this morning, and make no mistake, these were phenomenal numbers… I cannot believe they are everywhere in the electrification chain… So I want you to put it all together, and I can tell you I’m still a big believer in this one, but given how much it has run, including today’s 14.5% gain, it’s hard for me to tell you to buy more at these levels. I’m reluctant to do so for my trust….
Here’s the bottom line: GE Vernova, one of the greatest quarters I’ve seen in a long time. They shot the lights out, and as we told the club, we think the stock’s headed to 700. But I feel like you’re chasing if you buy it here. Be a little patient. You know what, here’s a good example. I bet you’re going to get a buying opportunity like we have with D.R. Horton, up nearly 17% yesterday. Good analog, right? Today it’s down 3.5%. I expect a similar pullback for this one, maybe even more since it’s rallied so much. So when it comes to Vernova, keep your bat on the shoulder right now, and I want you to wait for a better pitch if you don’t already own some.”
GE Vernova (NYSE:GEV) provides technologies and services for generating, converting, storing, and managing electricity. The company delivers gas, nuclear, hydro, and wind power systems, as well as grid, solar, and electrification software solutions.
6. Intuitive Surgical, Inc. (NADSAQ:ISRG)
Number of Hedge Fund Holders: 106
Intuitive Surgical, Inc. (NADSAQ:ISRG) is one of the stocks that Jim Cramer weighed in on. In response to a caller’s query about the company, Cramer commented:
“You and I are in the exact same place. They were talking about the second quarter placement not being that good. I didn’t see it that way… I think they’ve got a lot in the pipe. I’m inclined to recommend the stock. I don’t see what the bears were squawking about.”
Intuitive Surgical (NADSAQ:ISRG) develops robotic systems for minimally invasive procedures. The company’s main products include the da Vinci Surgical System and Ion platform, along with training, support services, and digital tools for healthcare providers. While discussing the best performers of the last 20 years in May, Cramer mentioned the stock and said:
“Eighth best performer of the Mad Money era is Intuitive Surgical, ISRG, the creator of the minimally invasive Da Vinci Robotic Surgical System. This is another name that we found early on. I first interviewed someone from the company back in July of 2005 when the stock was trading at a split-adjusted price of $5 and change.
Since then, we’ve watched this Intuitive Robotic Surgical system… spread across the globe, constantly improving along the way and adding more types of procedures that it could do. The company’s now [a] $184 billion behemoth, and this stock has given you more than 10,000% gain since the show got started. I think this is as relevant as ever. Company just reported an excellent set of numbers last Tuesday. I’m proud to be a huge supporter of this.”
5. CRISPR Therapeutics AG (NASDAQ:CRSP)
Number of Hedge Fund Holders: 29
CRISPR Therapeutics AG (NASDAQ:CRSP) is one of the stocks that Jim Cramer weighed in on. When a caller inquired about the company, Cramer stated:
“You see, here’s the deal: There’s so many stocks that are going up. People don’t even like think, it’s like, oh man, boy, I forgot about CRISPR. Well, I haven’t. I think CRISPR is a terrific, terrific, but speculative situation, and I think you should be able to speculate. I think CRISPR, look, CRISPR can either triple or do nothing. That’s not a bad ratio.”
CRISPR (NASDAQ:CRSP) develops gene-based medicines using its CRISPR/Cas9 platform, which targets a range of diseases, including hemoglobinopathies, cancer, cardiovascular conditions, and type 1 diabetes. The company’s lead therapy is focused on gene-edited treatment for sickle cell disease and beta-thalassemia. Cramer mentioned the company in a January episode and said:
“You know, I want to own, I want to own CRISPR because I keep seeing their name come up and all the science papers that I read and I read quite a bit of them, but boy, the stock’s been a tough own. Let’s put some away and then if it goes lower, we’ll buy more. But I, I understand. How could that company keep losing money like this? It is just, it’s Moderna-like… in the money they throw in the chimney.”
4. Uber Technologies, Inc. (NYSE:UBER)
Number of Hedge Fund Holders: 145
Uber Technologies, Inc. (NYSE:UBER) is one of the stocks that Jim Cramer weighed in on. A caller asked if they should accumulate shares further or hold on to their position, and Cramer replied:
“Isn’t this interesting? Think about what you asked. This is the kind of thing that is fascinating to me. Now, Peter (the caller) asked, should he stay or should he sell? But you know what he should be doing? [buy, buy, buy] He should be buying. That’s the kind of skepticism I like, healthy skepticism, but the stock is worth buying right here.”
Uber (NYSE:UBER) provides technology-driven platforms that connect users to transportation, delivery, and freight services. The company enables ridesharing, food and retail delivery, and logistics solutions for its users. During the July 9 episode of Mad Money, Cramer said that its “fundamentals are excellent.” He commented:
“I think that Uber, we’re going to look at the fundamentals, and the fundamentals are excellent. I don’t think it’s going to be contained by $100. I have great ambitions for Uber in my head and think it’ll be up for multiple years, and you should own the stock.”
3. Kohl’s Corporation (NYSE:KSS)
Number of Hedge Fund Holders: 31
Kohl’s Corporation (NYSE:KSS) is one of the stocks that Jim Cramer weighed in on. Cramer discussed the short positions against the stock. He remarked:
“I’m talking about stocks like Kohl’s, okay? 50% short interest that at one point doubled because of social media instigation, just to bash the hapless shorts who are truly pressing their bets here. Even with Kohl’s, there’s some merit. Kohl’s used to trade in the 50s three years ago, and it received three takeover bids right in that level. The short busting started, it was at 10 bucks, having traded as low as six bucks. That’s too cheap.
Downright embarrassing to know that so many hedge funds have been caught with their pants down again in a situation where there’s too much short interest and not enough stock floating around to cover if something good happens, and something good could happen. Kohl’s has no debt maturities for four years of any size, and has new leadership. It has a fabulous deal with Sephora. What happens if one of those acquirers comes back? Not a safe short.”
Kohl’s (NYSE:KSS) is an omnichannel retailer that provides apparel, footwear, home goods, and beauty products through both physical stores and its online platform.
2. International Business Machines Corporation (NYSE:IBM)
Number of Hedge Fund Holders:
International Business Machines Corporation (NYSE:IBM) is one of the stocks that Jim Cramer weighed in on. Cramer discussed the company’s earnings during the episode. He commented:
“Oh, on the other hand, though, you got tech companies that aren’t getting credit for solid numbers. IBM reported what looked like a nice top and bottom-line beat after the close. But because its software business came in a little light, the stock’s getting clobbered in after-hours trading. I’m not so sure how that right is, but it’s happening.”
International Business Machines (NYSE:IBM) provides end-to-end technology and consulting services, including hybrid cloud, AI platforms, infrastructure solutions, and financing support, backed by strategic alliances with leading global tech companies. During the July 9 episode, Cramer mentioned that he likes the stock. He said:
“Oh, I like IBM very much. I mentioned Ben Wright earlier. I think that Ben, he’s really turned me on to this stock. We did a very positive piece about it. I think it goes, I’m going to say not much higher but creeping higher over time, and that’s actually a great place to be. So I like IBM.”
1. Alphabet Inc. (NASDAQ:GOOGL)
Number of Hedge Fund Holders: 227
Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks that Jim Cramer weighed in on. During the episode, Cramer had a bullish sentiment on the stock, as he said:
“Let’s talk about Alphabet, parent of Google. That was the star of the after-hours show, beating sales and earnings estimates and delivering strong numbers in the cloud, AI, even in Search, where there were concerns that Gemini, their AI bot, might be cannibalizing that incredibly valuable franchise. Gemini, turns out, has 450 million monthly average users. That’s fantastic. One of the big reasons why the stock exploded during the conference call…
All parts of the data centers are strong. We know that even from tonight, with the numbers from Alphabet, which is putting in a lot more CapEx than anyone thought they would… You know what? People are going nuts for Alphabet today, and that’s going to spill over tomorrow. That stock’s been a horse.”
Alphabet (NASDAQ:GOOGL) provides digital products, advertising services, cloud solutions, and enterprise tools, while also exploring innovations in healthcare and other emerging technologies. The company’s products include platforms like Search, YouTube, Google Cloud, and a suite of productivity and AI tools.
While we acknowledge the potential of Alphabet Inc. (NASDAQ:GOOGL) 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 GOOGL and that has 100x upside potential, check out our report about this cheapest AI stock.
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