In this piece, we will look at Jim Cramer’s bold AI stock predictions.
Courtesy of the boom in AI stocks, Jim Cramer has regularly discussed AI on his appearances this year. In a recent Squawk on the Street show, he shared tips on how to become the ‘king’ of AI. According to Cramer, the key to success in the AI era is to learn how to write the correct prompts for the chatbots:
“I will say that after listening to all these companies, those who know how to prompt, are those who are going to win. Now maybe superintelligence would help me learn how to prompt but, if you, like let’s say you go in this morning, like I went, to Confluent. Which is down big. What’s the problem with Confluent? They all give me different answers. And that’s because I said, what’s the problem with Confluent. Right, and that’s the newbie way to do it. Those who know how to prompt are king.”
While one concern about AI has been potential job losses, Cramer pointed out in another appearance that AI could also lead to job growth, particularly in the data center and power generation industries:
“It does because it’s a gigantic amount of money going into a concentrated area with a lot of different contractors and you need energy to get to the data centers which is part of the Eaton’s issue. You got the electric grid maybe growing 5%, that’s a giant issue. These are all things that make it so that anybody that can get a job if they have any sort of kind of a, I don’t know want to say handy, cause that sounds silly. But if you want a job, you’ll get a job. You’ll get a job.”
Our Methodology
To make our list of Jim Cramer’s bold predictions about AI stocks, we sifted through his remarks dating back to August 2024 and made a list of the relevant comments.
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).
20. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders In Q2 2025: 235
Date Of Cramer’s Remarks: 8-20-24
Share Price Performance Since Then: 40.4%
Due to its central role in the AI industry, NVIDIA Corporation (NASDAQ:NVDA) has been a regular feature of Cramer’s morning shows. Since his comments in August, the stock has gained 40.4%. NVIDIA Corporation (NASDAQ:NVDA)’s shares would likely have been much higher had it not been for the massive DeepSeek selloff in January, which led to the firm bleeding nearly $600 billion in value. Between August and December, NVIDIA Corporation (NASDAQ:NVDA)’s shares were rather static as they gained less than 7%. The weak share price performance was due to investors waiting to see if the firm could sustain its sizable AI demand. Cramer was also cautious about NVIDIA Corporation (NASDAQ:NVDA) back then:
“I almost feel like you can guess it—it’s Nvidia. It’s the king, and the rest of the market is made up of its pawns, marching to Nvidia’s drum. Remember this morning when I was on the call and said, ‘Look, Nvidia is almost too important. There’s too much pressure on Nvidia—can it sustain it? I don’t want Nvidia to be Samson.’
“Take a look at this daily chart of Nvidia, going back to February. By the way, Larry, who advised selling Nvidia just before it peaked in the spring, predicted the stock would rise again in late May. Larry and his video calls have closely tracked the stock’s short-term cycle in red, which has followed the share price surprisingly well.
“Unfortunately, the short-term cycle now projects that Nvidia should peak sometime next week, leading to a sell-off that may extend through mid to late October. Nvidia reports next week, and the long-term cycle indicates a bottom around the same time. Given that Larry sees Nvidia as the lynchpin of the market, it makes sense that the cycle forecast predicts a downturn for Nvidia, aligning with expectations for the S&P 500.
“Yes, Nvidia is that influential. The chart interpreted by Larry Williams suggests that we might experience some pain as August ends, which could continue through mid to late October. I hope he’s wrong this time, but it’s wise to consider his analysis seriously. For my money, there’s a good chance he could be right, especially if Nvidia’s outlook isn’t strong.”
19. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)
Number of Hedge Fund Holders In Q2 2025: 187
Date Of Cramer’s Remarks: 8-12-24
Share Price Performance Since Then: 36%
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the world’s largest contract chip manufacturer, which means that most of the world’s AI chips will be manufactured in its foundries. Cramer assured a caller on Mad Money not to worry about the stock, and he turned out to be right since the shares have gained 36% since then. Since the CNBC TV host made the remarks, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)’s shares have benefited primarily from strong earnings reports, which have seen it deliver as much as a whopping 61% growth in profit. Here is what Cramer said about the firm in August 2024 after a viewer asked him whether the Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) was a good long-term stock to buy:
“I think you’re fine. I think that there’s always going to be a worry about Taiwan. I think that if you go back to what Lisa Su said, she didn’t tell you not to worry about it because nobody says that. She says, you know, this one is not going to be a problem, and I’m with her.”
18. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders In Q2 2025: 335
Date Of Cramer’s Remarks: 8-14-24
Share Price Performance Since Then: 29.5%
Amazon.com, Inc. (NASDAQ:AMZN) is a key player in the AI industry due to its sizable cloud computing market share, in-house AI computing chips, Alexa product lineup, and association with foundational AI model developer Anthropic. Since Cramer’s August 2024 remarks, the shares have gained a modest 29.5%. Most of Amazon.com, Inc. (NASDAQ:AMZN)’s woes started in February 2025 after the firm’s cloud computing results for its December quarter disappointed investors and led to a $100 billion market value wipe out. The shares dipped by 8% in August after cloud continued to disappoint. Cramer, in his recent remarks, has attributed Amazon.com, Inc. (NASDAQ:AMZN)’s cloud struggles to its aversion to buying NVIDIA chips. Here’s what he said about the firm in August 2024:
“We recently bought more Amazon shares because I believe the market was too harsh on their last quarter. Amazon is a buy, and I think it will continue to perform well.”
17. Alphabet Inc. (NASDAQ:GOOGL)
Number of Hedge Fund Holders In Q2 2025: 219
Date Of Cramer’s Remarks: 2-18-25
Share Price Performance Since Then: 14.3%
Alphabet Inc. (NASDAQ:GOOGL) is one of the biggest players in the AI industry. It operates across all AI stacks, from developing and operating foundational AI models to designing its chips and offering AI services to consumers and businesses. Since Cramer’s February remarks, Alphabet Inc. (NASDAQ:GOOGL)’s stock has managed to reverse the pessimism surrounding it due to the Justice Department’s case against the firm. Cramer has regretted the stock on these worries, particularly since Alphabet Inc. (NASDAQ:GOOGL)’s YouTube and Search businesses have performed well in 2025. Here’s what Cramer said in February:
“People in my club know I’ve been selling it down, selling it down, and selling it down. Would it be the first one I leave from the Magnificent Seven? Yeah, probably. It still sells for only 20 times earnings, but they really need to rethink their game plan. Gemini is competing with Google Search, the ads are endless, and they don’t know how to monitor YouTube. If they’d put me in charge, I’d clean that thing up and get it to $250, then see you later.”
16. Palo Alto Networks, Inc. (NASDAQ:PANW)
Number of Hedge Fund Holders In Q2 2025: 77
Date Of Cramer’s Remarks: 8-19-24
Share Price Performance Since Then: 10.3%
Palo Alto Networks, Inc. (NASDAQ:PANW) is a cybersecurity company whose shares would have been much higher since Cramer’s remarks in August 2024 had it not been for a massive 15% fall in July-end. Before the July’s fall, Palo Alto Networks, Inc. (NASDAQ:PANW)’s shares had lost 6.8% in May after Bernstein reduced its share price target to $225 from $229. For his part, Cramer has remained optimistic about the cybersecurity sector in 2025 as he believes that the firms are insulated against tariff fallout and can experience strong demand due to the growth in AI-led computing. Here is what Cramer said about Palo Alto Networks, Inc. (NASDAQ:PANW) in August 2024:
“Palo Industries is a fantastic, under-the-radar industrial stock, and given its recent pullback, I think now is the time to buy. When Palo Alto Networks reported back in February, the guidance was considered dismal, and the stock plunged from the $360s to the $260s in a single day. But after speaking to the CEO, what did I do? I told you to stick with it, maybe even do some buying, and we did just that for the Travel Trust because the future is bright for this best-of-breed cybersecurity play. Sure enough, since then, the stock has been a juggernaut, closing at $343 today and rallying in after-hours trading. Palo Alto reported a strong top and bottom line beat with very encouraging guidance for the 2025 fiscal year, which has already started.”
15. Cisco Systems, Inc. (NASDAQ:CSCO)
Number of Hedge Fund Holders In Q2 2025: 81
Date Of Cramer’s Remarks: 8-20-24
Share Price Performance Since Then: 32.9%
Cisco Systems, Inc. (NASDAQ:CSCO) caters to the needs of the AI industry by providing networking hardware that is used by data centers. Since Cramer’s remarks, the shares have gained 32.9% in what has mostly been smooth sailing except for a major 14% dip in April. Cisco Systems, Inc. (NASDAQ:CSCO)’s shares fell amidst a broader drop in networking stocks, which also saw peer firm Netgear’s shares fall by 19.8%. More recently, the shares fell by 7% after HSBC downgraded the stock. Here is what Cramer said about Cisco Systems, Inc. (NASDAQ:CSCO) in August 2024:
“I thought it was a very good quarter, but it seems that there wasn’t much follow-through afterward. To me, it feels like you shouldn’t chase it here over $50. However, I do like what they’re doing, especially with Splunk, and Chuck Robbins, the CEO, bought Splunk at what appears to be a good price. Things are looking better, inventory is clean, but I wouldn’t recommend buying aggressively over $50. That approach doesn’t work for me.”
Cramer has become more upbeat about Cisco Systems, Inc. (NASDAQ:CSCO) recently. Here are his latest thoughts:
“People just think that it’s the same old Cisco. Like they didn’t buy Splunk. Splunk gave them visibility, it gave them some really, really good cyber defense works. But it gave them contacts. And Splunk was everywhere. And I don’t think people realize how embedded Splunk was. Now you’ve got a company that could have an Oracle-like revaluation. And the Oracle-like revaluation is stunning.”
14. Advanced Micro Devices, Inc. (NASDAQ:AMD)
Number of Hedge Fund Holders In Q2 2025: 113
Date Of Cramer’s Remarks: 8-21-24
Share Price Performance Since Then: 5.9%
Advanced Micro Devices, Inc. (NASDAQ:AMD)’s shares have been on quite a ride since Cramer’s comments in August. From the day of his remarks to October 4th, the shares gained more than 10%. However, a bearish run started from the peak and led the shares to lose 49.8% until their bottom in April after the Liberation Day tariff announcements. Yet, since the dip, Advanced Micro Devices, Inc. (NASDAQ:AMD)’s shares have gained 110% to mark 36% in year-to-date gains. Most of the stock’s performance is due to Wall Street’s increasing AI bullishness and the belief that Advanced Micro Devices, Inc. (NASDAQ:AMD) can play a stronger role in the AI chip market that is currently dominated by NVIDIA. Here are Cramer’s thoughts about the firm in August 2024:
“I think you can buy more. AMD has been on a steady upward trend this week, and Lisa Su made a great acquisition. Her products, especially for accelerated computing, are terrific. Yes, for AI and generative AI, they are outstanding. Buy more AMD, just as we’ve been doing for the club.
“Listen, guys, it’s driving me crazy—not everything you hear is consequential. There’s a lot of noise; there are a lot of data points that don’t mean anything. Sometimes, companies just have their consumers’ backs, and that’s where the business goes. The economy is fine, and that’s all that matters.”
13. International Business Machines Corporation (NYSE:IBM)
Number of Hedge Fund Holders In Q2 2025: 63
Date Of Cramer’s Remarks: 8-21-24
Share Price Performance Since Then: 22.7%
International Business Machines Corporation (NYSE:IBM) is one of the biggest technology companies in the world. Cramer has been a long-time fan of the stock, as not only did he praise the firm in August 2024, but he has continued to remain optimistic in 2025 as well. Since his comments, International Business Machines Corporation (NYSE:IBM)’s shares have gained 22.7%. However, they would have been higher had it not been for a 14.6% drop since late July. One major catalyst for the stock occurred in January when the stock jumped by 13% after International Business Machines Corporation (NYSE:IBM) beat analyst revenue and earnings estimates for its fourth quarter earnings. Yet, the stock tumbled by 7.6% in July after the firm’s earnings report saw it disappoint investors with its software revenue. Here is what Cramer said about International Business Machines Corporation (NYSE:IBM) in August 2024:
“I think IBM is doing great. Arvind Krishna has done a remarkable job with IBM. I would hold on to it or consider buying more.”
12. Astera Labs, Inc. (NASDAQ:ALAB)
Number of Hedge Fund Holders In Q2 2025: 56
Date Of Cramer’s Remarks: 8-27-24
Share Price Performance Since Then: 288%
Astera Labs, Inc. (NASDAQ:ALAB) is a computer hardware company that sells products used in AI servers. Since Cramer’s comments, the shares have gained a whopping 288%. During this time period, Astera Labs, Inc. (NASDAQ:ALAB) has seen some turbulence. For instance, its shares fell by 28% during January’s DeepSeek selloff, which saw investors dump AI stocks on the back of worries about lower infrastructure spending. However, in November 2024, Astera Labs, Inc. (NASDAQ:ALAB)’s shares had jumped by a whopping 37% after the firm’s third quarter earnings. In August 2025, the shares jumped by another 29% as Astera Labs, Inc. (NASDAQ:ALAB)’s Q2 earnings impressed investors. As for Cramer, here’s what he had said about the firm in August 2024:
“The ninth-largest deal of the year is Astera Labs, which makes connectivity solutions for AI and cloud infrastructure—nice buzzwords there, but it sounds enticing. I didn’t like that it spiked 72% right out the gate—I told you so a few days later—just seemed way too expensive.”
11. Dell Technologies Inc. (NYSE:DELL)
Number of Hedge Fund Holders In Q2 2025: 54
Date Of Cramer’s Remarks: 09-04-24
Share Price Performance Since Then: 20.9%
Dell Technologies Inc. (NYSE:DELL) is a well-known hardware company that operates in the AI industry by providing companies with server equipment. Since Cramer commented on the firm in September 2024, the shares have gained 20.9%. However, the ride has been far from smooth. Dell Technologies Inc. (NYSE:DELL)’s shares fell by 12.3% in November as investors questioned the firm’s exposure to AI demand. The stock then lost 17% in February 2025 after its fourth quarter revenue and first quarter guidance both missed analyst estimates. Dell Technologies Inc. (NYSE:DELL)’s stock was hit by a 25% fall during April’s Liberation Day selloff, and after climbing 97% to its August peak, it is down by 7.6% since then. Here’s what Cramer said about Dell Technologies Inc. (NYSE:DELL) in September 2024:
“This story is all about Dell making servers for the data centers that power artificial intelligence, along with new lines of AI-infused PCs. Unfortunately, the numbers were somewhat confusing, but I think that Wall Street got this one right—at least initially—as the stock timely rallied more than 4% last Friday before giving back all those gains today. Yep, Dell’s still worth owning here, and I’m going to tell you why. Let’s start with the numbers: Dell delivered a meaningful revenue beat driven by 38% growth from its Infrastructure Solutions division. Much better than expected, mostly thanks to heavy investment in AI infrastructure by corporate clients. In fact, their server and networking sales were up 80% year-over-year.
“Dell’s other business, the Client Solutions Group, which includes the PC business, came in a little light, but not light enough to offset the strength in the infrastructure side. In the earnings release, Dell Vice Chairman and COO Jeff Clarke, an old hand, explained that “our AI momentum accelerated in Q2, and we’ve seen an increase in the number of enterprise customers buying AI solutions each quarter.” Notice the word “solutions”—I think that’s really important. It’s more than just a box. He added that AI-optimized server demand jumped by 23% compared to the previous quarter.
“Now, last time Dell reported, some investors didn’t like the margins from Dell’s infrastructure business. Long story short, their earlier AI hardware sales mainly came from selling servers to large hyperscalers—here we’re thinking about Alphabet, Amazon, Meta—and those companies can drive a hard bargain. Dell was confident that the margins would improve later on as they sold more networking and storage equipment along with services, but hardly anyone was willing to give them the benefit of the doubt. Except me, maybe. That’s because I saw that Jeff was with Jensen—of course, Jensen Huang, CEO of Nvidia—at the GTC conference I attended.”
10. Super Micro Computer, Inc. (NASDAQ:SMCI)
Number of Hedge Fund Holders In Q2 2025: 48
Date Of Cramer’s Remarks: 09-05-24
Share Price Performance Since Then: 7.4%
Super Micro Computer, Inc. (NASDAQ:SMCI) is a hardware and server equipment company that provides AI equipment, such as NVIDIA’s GPUs, to AI data center companies. Its shares have been the most turbulent in the AI sector since Cramer’s September remarks. They have gained a modest 7.4% after cratering by 47% in October after its auditor resigned following a short seller report of accounting impropriety. The shares then surged by 124% in February 2025 after the firm announced that it was offering NVIDIA’s Blackwell offerings and proceeded to assuage investors that it would file its earnings report. Here is what Cramer said about Super Micro Computer, Inc. (NASDAQ:SMCI):
“I’m not a believer in this, to be honest. I thought the Hindenburg report was good. I wouldn’t have been as enthusiastic if it weren’t for that filing the company made the next day. I think Super Micro is good, but when you read the Hindenburg report, it’s clear they need to improve their accounting practices, and that’s what worries me.”
9. Broadcom Inc. (NASDAQ:AVGO)
Number of Hedge Fund Holders In Q2 2025: 156
Date Of Cramer’s Remarks: 09-06-24
Share Price Performance Since Then: 117%
Broadcom Inc. (NASDAQ:AVGO) is a semiconductor designer whose shares have benefited in the AI era due to its ability to design custom AI chips. Since Cramer’s remarks in September, the shares have gained a strong 117%. One of the biggest jumps in Broadcom Inc. (NASDAQ:AVGO)’s stock during this time came in December. The shares jumped by 38% after the firm outlined that it expected a $60 billion to $90 billion opportunity from AI chips. While the shares did dip by 17.4% during the DeepSeek selloff, they have recovered all the losses. Back in September 2024, Cramer maintained that Broadcom Inc. (NASDAQ:AVGO) would perform well as he dismissed recent weakness:
“Broadcom gave us results that showed a tad bit of weakness in artificial intelligence orders, and the pin action took down the whole darn cohort. I don’t believe AI is a bubble, but these stocks are still up a great deal, especially in August. And September tends to bring out sellers when you get just in-line numbers. That’s what we got from Broadcom. It was in line, it wasn’t a shortfall.
“Ben Reitzes, who I quote a lot because he’s really smart, said Broadcom was hurt by some choppiness in Google orders. That wasn’t clear from the conference call, but it makes a lot of sense. That business will bounce back.
“The issue here isn’t Broadcom’s reaction, which took down most of the tech. No, it’s the overreaction to Broadcom that seemed to cascade into finance and then anything cyclical. The pain was palpable. To me, this is all about the zeitgeist, not the facts, because so many companies are doing well despite the slowing economy. However, you can’t waste time arguing with the sellers who suddenly want nothing whatsoever to do with this market. Nothing’s going to stop them from taking profits out of fear.”
8. Oracle Corporation (NYSE:ORCL)
Number of Hedge Fund Holders In Q2 2025: 124
Date Of Cramer’s Remarks: 09-06-24
Share Price Performance Since Then: 68%
Oracle Corporation (NYSE:ORCL) is a computing infrastructure and enterprise resource planning software provider. It is one of the hottest stocks in the AI market as it has managed to amass significant amounts of NVIDIA GPUs to rent out to AI software companies. Since Cramer’s September comments, Oracle Corporation (NYSE:ORCL)’s shares have gained 68%. One notable jump for the stock came in June when it gained 22%. The stock rose after the firm raised its fiscal 2026 revenue guide to $67 billion for a 16.7% growth. The new growth estimate was higher than the 15% Oracle Corporation (NYSE:ORCL) had projected earlier. Here is what Cramer said about the firm in September:
“Oracle has reinvented itself with an AI kicker to go with its regular enterprise software business. As of last quarter, it’s been performing exceptionally well, and I think they’re going to do it again. Oracle Corporation (NASDAQ:ORCL) could stop the tech blood flow.”
7. Micron Technology, Inc. (NASDAQ:MU)
Number of Hedge Fund Holders In Q2 2025: 94
Date Of Cramer’s Remarks: 09-09-24
Share Price Performance Since Then: 36%
Micron Technology, Inc. (NASDAQ:MU) is one of the largest memory chip manufacturers in the world, whose products are key for AI GPUs. As a result, the shares have gained 35% year-to-date. They are up by 36% since Cramer’s September comments after having crashed by 27% during April’s DeepSeek selloff and soaring by 17% in August. Micron Technology, Inc. (NASDAQ:MU)’s shares rose in August after the firm increased its fiscal fourth quarter guidance. The shares have also struggled recently due to the firm’s CHIPS Act grants, which have been criticized by President Trump. Here is what Cramer said about Micron Technology, Inc. (NASDAQ:MU):
“Micron Technology Inc. (NASDAQ:MU) is now in its 2025 fiscal year, where it’s expected to earn $9.59, with that number growing to nearly $13 the following year. In other words, Micron Technology Inc. (NASDAQ:MU) is trading at less than 7 times next year’s fiscal earnings estimates. That’s insanely cheap—but remember, that often means people don’t believe in the estimates. That’s how it gets to seven times. I understand that, but I think the estimates are okay.”
However, recently, Cramer advised viewers to wait when it came to Micron Technology, Inc. (NASDAQ:MU). Here is what he said:
“Okay, the problem that’s happened, and it’s very technical here, but they make a particular chip called a DRAM, and the DRAM pricing has been going down. And that’s what this stock trades with… not with the semiconductors, but with actual DRAM pricing. Until DRAM pricing stabilizes a little bit more, I’m going to say we have to wait. I wish I could be more aggressive because I happen to think that Sanjay Mehrotra is a terrific CEO, but it’s a commodity, not unlike, in some degree, oil. Now it… [has] this high bandwidth division that is very good for data centers, but it’s not enough to be able to move the needle, and that’s why I am waiting on the sidelines, Micron.”
6. Microsoft Corporation (NASDAQ:MSFT)
Number of Hedge Fund Holders In Q2 2025: 294
Date Of Cramer’s Remarks: 10-14-24
Share Price Performance Since Then: 21%
Microsoft Corporation (NASDAQ:MSFT), the world’s largest software company, is a key player in the AI industry. Its share price performance is also primarily driven by AI as the stock moves in tandem with investor expectations about the performance of its AI-centered cloud computing business. Microsoft Corporation (NASDAQ:MSFT)’s shares have gained 21% since Cramer’s October comments. All of these gains are due to a bullish run that kicked off in April and that has seen the stock gain 28% since then. The stock rose after Microsoft Corporation (NASDAQ:MSFT)’s March quarter revenue and earnings beat analyst estimates. Crucially, the shares have also risen as the firm has delivered growth with its Azure cloud computing business, which is also responsible for delivering AI services to businesses. Here is what Cramer said about Microsoft Corporation (NASDAQ:MSFT) in October 2024:
“Microsoft’s supposed to be hurt by weakening demand for its Copilot, with its Copilot being their AI assistant. I have no idea if there’s a real weakness here but there is chatter and that’s enough to send the stock down. That said, I think the bears need a lot more than chatter to keep it down.”
5. Vertiv Holdings Co (NYSE:VRT)
Number of Hedge Fund Holders In Q2 2025: 104
Date Of Cramer’s Remarks: 10-18-24
Share Price Performance Since Then: 11.1%
Vertiv Holdings Co (NYSE:VRT) is a data center equipment provider that provides power management, thermal management, project consulting, and other associated products and services. Its product portfolio makes the firm a key player in the AI industry, which depends on data center construction. Since Cramer’s comments, Vertiv Holdings Co (NYSE:VRT)’s shares have gained 11.1% after surviving a massive 29.9% crash during January’s DeepSeek selloff. The stock then dipped by 6% in July after Amazon launched a cooling competitor, which could potentially reduce the demand for the firm’s products. Cramer remains one of Vertiv Holdings Co (NYSE:VRT)’s strongest proponents. Here is what he said in October 2024:
“Data centers remain one of the hottest themes in the market, and if you’re looking for pure-play, go with Vertiv, which makes electrical equipment for these warehouses full of servers. Now that said, this stock is so red hot that it might not be able to rally on earnings unless it raises its forecast to unfathomable levels. Then again, Vertiv’s business is so strong, it’s so strong that unfathomable might be fathomable.”
4. Adobe Inc. (NASDAQ:ADBE)
Number of Hedge Fund Holders In Q2 2025: 104
Date Of Cramer’s Remarks: 1/8/25
Share Price Performance Since Then: -13.3%
Adobe Inc. (NASDAQ:ADBE) is a productivity software firm whose shares have struggled as investors remain skeptical about its AI products. Year-to-date, the stock has lost 17.8%, and it is down by 13.70% since Cramer’s comments in January. Adobe Inc. (NASDAQ:ADBE)’s shares have struggled as the firm has failed to impress investors with its earnings, and analysts have turned bearish. For instance, Melius Research downgraded the stock to Sell in August, which led to a 2% drop in price. Cramer had warned in January that Adobe Inc. (NASDAQ:ADBE)’s AI products weren’t being well received by the market:
“Well I think that Adobe’s AI, I have to like Firefly very much. But this Canva product, I mean Canva is still, it’s so, the suite of Adobe products, it’s still, it’s so expensive. It’s fantastic. And any pro would never use a Canva. But when we, if Canva gets taken up in the design schools in this country, it will be existential for Adobe. Which is a fantastic company. So, be aware, they are the gold standard but people are not, people look for value everywhere now and they’re cutting back on anything. I think there are people who just say you know what this is just too expensive.”
Cramer discussed the downgrade in detail as he commented in August:
“Alright, so, I’m going to have to just, sometimes you have to just say someone knows this better than I do. There’s a fellow by the name of Ben Reitzes… He has been coaching me, just saying, listen, understand that AI is eating software. This is a software-as-a-service company. In other words, when you buy them, when you buy Adobe, you get certain seats, you bring them in. It’s a very costly program. It is unbelievably good for graphics, okay? But there’s a new company called Figma that’s come in, and they do a lot of stuff that Adobe does for a little bit cheaper. There’s Canva, which does it for incredibly cheap. So I think that what’s really happened is, is that others have come into their market with a cheaper product that a lot of people feel is just as good, that has artificial intelligence in it, and they can’t maintain their price. So far, their price has been able to be maintained, but that’s the big worry about Adobe. And I have no answer for Adobe. None. I just don’t.”
3. GE Vernova Inc. (NYSE:GEV)
Number of Hedge Fund Holders In Q2 2025: 106
Date Of Cramer’s Remarks: 1/17/25
Share Price Performance Since Then: 50%
GE Vernova Inc. (NYSE:GEV) has been a top Jim Cramer AI stock due to its exposure to the nuclear power industry. In fact, while Cramer has been a skeptic of nuclear in general due to long delivery times, he has continued to remain optimistic about GE Vernova Inc. (NYSE:GEV). Since his comments in January, the shares have gained 50%. During this time period, the stock dipped by 21.5% during the DeepSeek selloff as investors went risk-off with AI stocks. Then, GE Vernova Inc. (NYSE:GEV)’s shares jumped by 17.5% in July after the firm’s latest earnings report saw it beat analyst EPS and revenue estimates. Here is what Cramer said about GE Vernova Inc. (NYSE:GEV) in January:
“Wednesday we got some real firecrackers. The data center business is red hot and in order to fuel these warehouses full of servers and, you know, send the air conditioning in and all sorts of electricity, well, what do you gotta do? You need more power plants. That means they’re likely to place orders with nat-gas turbine maker GE Vernova, that’s another one of last year’s best performers. I don’t think it’s done.”
2. Arista Networks Inc (NYSE:ANET)
Number of Hedge Fund Holders In Q2 2025: 81
Date Of Cramer’s Remarks: 1/17/25
Share Price Performance Since Then: 10.93%
Arista Networks Inc (NYSE:ANET) is a data center hardware provider with exposure to the AI industry as it provides equipment to build data centers. It has been one of Cramer’s favorite stocks throughout the year, but the shares have gained a modest 10.9% since his January comments. Arista Networks Inc (NYSE:ANET)’s stock dropped by 22% in January during the DeepSeek selloff and continued to lose 35% until its bottom in April after the Liberation Day selloff. Since then, the shares have gained a strong 106% and experienced a notable 17.5% jump in August after the firm’s second quarter revenue and third quarter guidance beat analyst estimates. Cramer was quite optimistic about Arista Networks Inc (NYSE:ANET) in January as he remarked:
“Then Arista, well you know Arista’s the one a lot of people feel, that’s Jayshree Ullal, Jayshree, that’s the plumbing for data centers. So that makes a lot of sense. Jayshree is a very compelling figure in terms of, even more than Broadcom, in the data center.”
1. Meta Platforms, Inc. (NASDAQ:META)
Number of Hedge Fund Holders In Q2 2025: 260
Date Of Cramer’s Remarks: 2/3/25
Share Price Performance Since Then: 8%
Meta Platforms, Inc. (NASDAQ:META) is a key player in the AI industry due to the billions of dollars that it is spending on data center capital expenditure. The shares have gained 25.8% year-to-date and are up by 8% since Cramer’s comments in February. Meta Platforms, Inc. (NASDAQ:META)’s stock is the rare one on our list that escaped January’s DeepSeek selloff unscathed. However, the shares did lose 13.6% in April during the Liberation Day selloff. However, April proved to be a tumultuous month for Meta Platforms, Inc. (NASDAQ:META)’s shares as they dropped by 17% after CEO Mark Zuckerberg signaled that the investors might have to deal with short-term costs for long-term AI returns. In July, the stock gained 11% after the firm revealed that its AI tools were helping to drive advertisement revenue growth. Here is what Cramer said about Meta Platforms, Inc. (NASDAQ:META) in February:
“Meta was down sixteen points this morning. Someone was selling it. Now normally I would have called that guy a chowderhead. I’m just saying was ill informed. That was just really an incredibly poor sale because it didn’t make any sense at all. They didn’t have exposure. And yet the person sold it down sixteen. I don’t understand that. Why sell it down sixteen? What was he thinking? Or she thinking?
“I don’t want to buy anything up, today, but I think that down sixteen was someone who just panicked. And you never make any money panicking. And that person is saying, wow, I hope no one knows that I did this because I feel really stupid. . .that person was very ill informed and I don’t get that.”
While we acknowledge the potential of META 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 META and that has 100x upside potential, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
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