Jim Cramer’s Biggest Quantum Computing & Data Center Stock Hits

8. Hewlett Packard Enterprise Company (NYSE:HPE)

Number of Hedge Fund Holdings in Q3 2024: 64

Number of Hedge Fund Holdings in Q4 2025: 56

Performance Since Cramer’s Remarks: 3%

Date/Month of Cramer’s Remarks: January 28th, 2025

Hewlett Packard Enterprise Company (NYSE:HPE) is a computer equipment company that caters to the needs of the data center industry. The firm sells products such as servers, racks, and towers. Its shares are up by 36% over the past year and by 3% since Cramer discussed the firm in his morning appearance on Squawk on the Street. Like other AI and data center stocks, Hewlett Packard Enterprise Company (NYSE:HPE) also struggled in the first three months of November as they dipped by 18% during the first three weeks. According to media reports, this time period saw investors become cautious about AI stocks. However, the shares surged by 26% between November 20th and December 10th. Among some of the events that occurred during this time period was Hewlett Packard Enterprise Company (NYSE:HPE)’s fourth quarter earnings. In January, Cramer called the firm a winner:

“By the way, HPE is front and center with this issue about data centers. And everybody thinks that they’re a big loser. I have to think they’re a big winner. I think that that [inaudible] is terrific.”