In this article, we will take a detailed look at Jim Cramer’s Latest Calls: 10 Stocks to Buy or Sell.

Jim Cramer in a latest program on CNBC reminded viewers about the Trump playbook in the story market and said that he never believed the President would start a new trade war with China. Cramer explained that Trump’s rhetoric has been “hot” but the reality is “cool” and his much-feared tariffs against Canada and Mexico might also not realize as the new administration said it will “study” the matter.

“The president loves the stock market; he always loves to send signals that all hell is going to break loose, and when it doesn’t, well, guess what? The market flies. This rally is built on the back of tariffs, more specifically small-than-expected tariffs that could grow bigger if countries don’t play ball. It’s built on the backs of new projects like Stargate, a new AI infrastructure initiative.”

Cramer then explained in detail why he believes Biden and his government were against top companies and how it affected the market and economy. Cramer said Trump is better for stock portfolios.

“He knows business people in Silicon Valley; he knows how things work. You may like him, you may hate him, but the bottom line is, if you’re a tech titan, Trump will take your call. In fact, he’ll call you. Biden, I don’t know if he knew who they even were, and he certainly didn’t bother to call them. In the end, I think he preferred to sue them. If you own stocks, which is why you watch me, Trump’s method is a heck of a lot better for your portfolio.”

READ ALSO 7 Best Stocks to Buy For Long-Term and 8 Cheap Jim Cramer Stocks to Invest In

For this article, we picked 10 stocks Jim Cramer recently talked about during his programs on CNBC. With each stock, we have 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 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

10. Rigetti Computing Inc (NASDAQ:RGTI)

Number of Hedge Fund Investors: 7

Rigetti Computing Inc (NASDAQ:RGTI) makes ICs used for quantum computing. Jim Cramer in a recent program recommended investors to stay away from the stock.

“A Quantum company that was less than a dollar two months ago, they tried to gun it up early in the morning between 4:00 and 5:00. They took it up higher, and now they are wearing it. Please be careful not to take stocks up between four and five because they’re real sellers when the market opens. This is a Quantum Computing company that I, I don’t know when it’ll ever earnings, but boy, is it ever in the face of what Jensen Huang, whose’s owned stock is not doing well today. I don’t want to be in Rigetti Computing Inc (NASDAQ:RGTI),” Cramer said.

9. Lemonade Inc (NYSE:LMND)

Number of Hedge Fund Investors: 16

Jim Cramer was recently asked about insurance company Lemonade Inc (NYSE:LMND). He said the company is losing too much money.

“Okay, Lemonade Inc (NYSE:LMND) stock is one of those stocks that I’m talking about this show. It’s up too much, you got to let it come down. It’s not a joke stock, but it’s losing a fortune. Companies that are losing fortunes go over your portfolio if you own them (sell, sell, sell, house of pain sounds).”

Here is what Artisan Small Cap Fund has to say about Lemonade, Inc. in their Q4 2020 investor letter:

“We also exited our investment in Lemonade. Lemonade is a digital-first insurance provider, offering both domestic and international homeowners and renters insurance. The company is disrupting its industry, having digitized the entire insurance experience—from client onboarding to claims—in order to build generational relationships with first-time insurance buyers. Using its app, the median time to receive a bindable renters insurance quote from Lemonade is less than two minutes, and the time for a homeowner’s quote is under three minutes. All claims are also filed through the Lemonade app, where a claims-specific bot can pay out applicable claims in as little as three seconds. The company’s longterm strategy is built upon acquiring customers cheaply today as they begin their adult life with the anticipation of growing future premiums as customer demands for insurance products naturally increase as they accumulate typically insured possessions—home and car purchases, travel, pets and providing coverage for beneficiaries in the event of an unforeseen death. We believe the addressable market is massive, particularly given the industry has largely resisted change, giving Lemonade a long runway to take share from weaker legacy competitors. That said, with shares appreciating above our PMV estimate, we exited our campaign.”

8. J M Smucker Co (NYSE:SJM)

Number of Hedge Fund Investors: 30

Jim Cramer in a latest program mentioned an analyst downgrade on J M Smucker Co (NYSE:SJM) and reiterated that he believes GLP-1 weight loss drugs are having an impact on investor sentiment.

“The stock is getting hurt on this. It’s part of what I regard as being a reshuffling of this group. Once again, GLP-1. It does yield 4%. Very well-run company, but you can’t , you can’t overrun the sentiment right now. You just can’t.”

Middle Coast Investing stated the following regarding The J. M. Smucker Company (NYSE:SJM) in its Q4 2024 investor letter:

“I’ve been interested in ‘boring’ companies that should do well whatever the market environment, and that have strong balance sheets in case things turn badly. ABM Inc. (ABM) from last quarter, Steelcase, or The J. M. Smucker Company (NYSE:SJM) are examples of these types of companies. SJM has more debt on its balance sheet, but I believe its business will be stable enough for it to pay off the debt, creating more value for shareholders.”

7. Cardinal Health Inc (NYSE:CAH)

Number of Hedge Fund Investors: 40

A caller recently asked Jim Cramer about Cencora. Cramer recommended the questioner to buy Cardinal Health, Inc. (NYSE:CAH) instead.

Ariel Investment made the following comment about Cardinal Health, Inc. (NYSE:CAH) in its Q3 2022 investor letter:

“Additionally, distributor of pharmaceutical and medical products Cardinal Health, Inc. (NYSE:CAH) advanced in the period as leadership changes were viewed to be a positive for shares. Management provided a new profit outlook for Fiscal 2023 and announced an improvement plan for the medical segment. We are encouraged by these changes and think CAH’s underlying fundamentals and competitive advantages around preventative maintenance screenings and medication management will continue to improve. We believe valuations of health care companies like CAH that focus on cost optimization and promote technological efficiency across the supply chain will be rewarded over the long term.”

6. DraftKings Inc (NASDAQ:DKNG)

Number of Hedge Fund Investors: 54

Jim Cramer in a latest program on CNBC said now might be the suitable time to pile into DraftKings Inc (NASDAQ:DKNG). Cramer said DraftKing’s problems have been due to an impact stemming from “bad luck.”

“First, you need to understand what’s been happening with this one stock. It underperformed last year, up 5% for 2024, but really, it was doing great until the stock sold off hard in December. While DraftKings Inc (NASDAQ:DKNG) posted solid results in November, there was one glaring issue: all you people betting at home, you’re winning too much. As CEO Jason Robin said in the Comal, quote, “We experienced the most customer-friendly stretch of NFL sports outcomes we had seen early in the fourth quarter ever.” Ever seen early in the fourth. Imagine that. It caused the company to take a $250 million revenue hit. Boy, is that bad news for shareholders. And these customer-friendly outcomes in the NFL have kept on coming. Basically, the favorites are winning at a higher rate than they normally do, and because more people bet on the favorites, it’s costing DraftKings Inc (NASDAQ:DKNG) money. They’ve just had a real bad run of luck here. Can it last?”

Alger Spectra Fund stated the following regarding DraftKings Inc. (NASDAQ:DKNG) in its Q2 2024 investor letter:

“DraftKings Inc. (NASDAQ:DKNG) is a digital sports entertainment and gaming firm designed to ignite the passion of sports enthusiasts through a diverse offering that spans daily fantasy, regulated gaming, and digital media. We believe the company’s expertise in product development and customer acquisition, which established it as the market leader in daily fantasy sports (DFS), positions DraftKings to be a key driver in advancing the U.S. sports betting market’s growth. The company reported strong fiscal first quarter results, with revenues beating analyst estimates due to broad-based momentum in customer engagement and acquisition. However, on May 28th, the Illinois Senate passed a new state budget that includes a tiered progressive tax on sportsbook operators, effective July 1, 2024. This new tax ranges from 20% to 40% on gross revenues, a significant increase from the current 15% tax rate. Despite management’s belief that it can mitigate the tax impact by reducing promotions in Illinois, this development negatively affected the company’s share price.”

5. PepsiCo Inc (NASDAQ:PEP)

Number of Hedge Fund Investors: 58

A caller recently asked Jim Cramer about PepsiCo Inc (NASDAQ:PEP). Cramer said the stock is under threat from weight-loss drugs.

“It’s right in the wheelhouse. I mean, it, it, it’s talking about salty potato chips. I don’t know what to say. Yields 3.7%. Maybe when it gets to 4%, but right now it’s in the crosshairs of the GLP-1 situation.”

Artisan Global Equity Fund stated the following regarding PepsiCo, Inc. (NASDAQ:PEP) in its Q1 2024 investor letter:

“In the demographics/consumer trends theme, slowing sales volumes led us to focus more on services versus goods. As an example, we sold our position in food and beverage leader PepsiCo, Inc. (NASDAQ:PEP) given slowing growth in its underperforming core beverage business, one which generates about 60% of revenues. Adding to the uncertainty of growth prospects beverages, PepsiCo was forced by local lawmakers and industry wholesalers to shift to a new distribution model during the rollout of Hard Mtn Dew, a new line of drinks that combines Mountain Dew with malt liquor. We also exited our position in Wal-Mart de Mexico as the company regroups after Hurricane Otis devastated parts of Mexico’s west coast last fall. The damages will likely affect earnings over the medium term. We also sold consumer food and beverage giant Nestle due to slowing sales volume growth. Food inflation over the last two years has increased consumer price sensitivity, putting pressure on many in the industry. In contrast to these goods providers, we bought shares of TUI, an online travel agency that provides custom travel experiences via dynamically priced services such as airfare, lodging and local activities on one platform. We believe the addition of Ryanair to the platform, Europe’s largest airline, will strengthen TUI’s service offering at a time when travel spending is predicted to remain elevated at least through the summer.”