In this piece, we will look at the stocks Jim Cramer recently discussed.
In his latest appearance on CNBC’s Squawk on the Street, Jim Cramer commented on the recent inflation data in the US. This dataset was the Consumer Price Index (CPI) report for May 2025. Interest rates are a central debate in US financial markets right now, with President Donald Trump adamantly demanding that the Federal Reserve lower rates. The CPI report is tied into this debate as lower inflation provides the Federal Reserve with incentives to lower interest rates.
The May 2025 CPI report saw inflation come in at 2.4% on an annualized basis. On a monthly basis, prices jumped by 0.1% which undershot economist estimates of 0.2%. The core inflation reading, which excludes food and energy, sat at 2.8% which also saw below the forecast of 2.9%. However, while overall inflation slowed down, Cramer focused on the sector-specific data. One sector that caught his attention was shelter. Annualized, shelter inflation was 3.9% in May, with a similar reading for rent. Commenting on the figures, after co-host Carl Quintanilla commented that the data showed lower prices, Cramer said:
“And I’m gonna take the other side. . .shelter, remains very sticky. 3.9. And they’ve got, remember, there’s no housing component. They’ve got to get that down, these other could be ephemeral. Uh, these still, I mean you could say, we’ve not seen the impact of tariffs. Housing’s too expensive in this country and we’re not doing enough about it.”
Our Methodology
To make our list of the stocks that Jim Cramer talked about, we listed down the stocks he mentioned during CNBC’s Squawk on the Street aired on June 11th.
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).
12. Ford Motor Company (NYSE:F)
Number of Hedge Fund Holders In Q1 2025: 39
Ford Motor Company (NYSE:F) is a major American car manufacturer whose shares are up by a slight 9% year-to-date. Its scale and importance to the American economy means that the firm is a regular feature of Cramer’s morning show and Mad Money. A year ago in May, Cramer remarked that Ford Motor Company (NYSE:F)’s primary problem, even in the US market, was competition from Chinese cars. He speculated that tariffs against Chinese vehicles could help the company. In 2025, the CNBC host has also wondered about the impact of tariffs on Ford Motor Company (NYSE:F)’s global supply chain and high warranty costs impacting its financial statements. This time around, he wondered if the stock was held back due to the tariffs and whether it could rebound in case of trade deals:
“Right well first if you wanna try to make money make off, you’re a trader, it’s General Motors, which had the most problems. . .four billion dollar shifts production from Mexico. So that’s a clear ramp to 53 I think. Ford’s got it too, they were the two that were held back.”
Recently, Cramer also wondered if President Trump’s decision to roll back electric vehicle infrastructure could hurt Ford Motor Company (NYSE:F). He shared:
“I’m just very concerned about Ford. . . I just think that they, like many companies, built a lot of infrastructure, that was around, electric vehicles. They are under pressure.”
11. General Motors Company (NYSE:GM)
Number of Hedge Fund Holders In Q1 2025: 79
General Motors Company (NYSE:GM) is another major American car manufacturer. Its shares have lost 4% year-to-date and have fluctuated heavily in June. The stock has suffered primarily due to tariffs and their potential to disrupt General Motors Company (NYSE:GM)’s supply chain. Cramer has also discussed the stock in this context several times in 2025. While he believes that the firm can face tariff-induced supply chain disruption, the CNBC host also believes that General Motors Company (NYSE:GM)’s rival Ford is in a better position to navigate the tariffs. However, his latest remarks wondered if the tariff debate had impacted the stock too much and whether it could rebound in case of trade deals:
“Right well first if you wanna try to make money make off, you’re a trader, it’s General Motors, which had the most problems. . .four billion dollar shifts production from Mexico. So that’s a clear ramp to 53 I think. Ford’s got it too, they were the two that were held back.”
Cramer also believes that the threat from Chinese vehicles tends to depress General Motors Company (NYSE:GM)’s valuation. Here’s what he said back in 2024:
“The biggest winners though will be the American automakers. There’s a widespread belief that our car companies are going to be roadkill once China’s auto industry gets here. We got that from — who? None other than the automakers themselves, especially Ford’s executive chairman Bill Ford.
. . .The chief reason GM and Ford stock sell at the bottom of the S&P 500 barrel is because of this existential Chinese threat. Whenever China’s been allowed to dump merchandise, they’ve destroyed pricing and destroyed companies. That won’t happen here. Not with these tariffs.”
10. Micron Technology, Inc. (NASDAQ:MU)
Number of Hedge Fund Holders In Q1 2025: 96
Micron Technology, Inc. (NASDAQ:MU) is one of the largest computer memory chip manufacturers in the world. It is also the only American firm that manufactures the advanced chips. Consequently, Micron Technology, Inc. (NASDAQ:MU) plays a key role in the AI supply chain. Its shares soared by 25% in January after NVIDIA revealed that it was a supply chain partner for AI GPU chips. Year-to-date, Micron Technology, Inc. (NASDAQ:MU)’s stock has gained 32%. The stock has gained 22% in June alone after the firm benefited from NVIDIA taking a lesser-than-expected revenue hit from US chip sanctions against China. Cramer’s comments about Micron Technology, Inc. (NASDAQ:MU) revolved around President Trump’s trade negotiations:
“And the Chinese did have a kind of discouraging statement talking about how, look, you know we’ll take it till we have to fight. When I say on the semiconductors, a lot of people feel it was in Advanced Micro, cause they have a GPU that you need, that’s what NVIDIA have. Advanced Micro’s up a quick ten. Micron is high bandwidth, that’s also used for data centers. And that would be something we could give them. Sanjay Mehrotra’s been very quiet about it, the CEO.
In late May, Cramer advised viewers to buy Micron Technology, Inc. (NASDAQ:MU) if the price touched $80. Here’s what he said:
“I think it is getting a little toppy. I think the market’s getting a little toppy and Micron’s going to go with it. Now, it went down to 66. I think it could go down to 80 without a problem, and then you’ll probably want to buy it again. But I sense that there is a trade here, not an investment, for the moment, and you need to do a little [kaching kaching].”
9. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders in Q1 2025: 212
NVIDIA Corporation (NASDAQ:NVDA), the world’s largest AI GPU company, is a regular feature on Cramer’s show. The CNBC host’s opinion about the firm has continued to evolve this year. Ahead of NVIDIA Corporation (NASDAQ:NVDA)’s conference in January, Cramer was optimistic about AI demand. After the conference, he wondered whether NVIDIA Corporation (NASDAQ:NVDA) could experience demand from humanoid robots as well. Yet, once the stock bled close to $600 billion in value after the DeepSeek selloff, he remarked that it was too early to comment on NVIDIA Corporation (NASDAQ:NVDA)’s future. More recently, he’s back to being bullish and continues to believe that the market is treating the firm unfairly. His latest comments about NVIDIA Corporation (NASDAQ:NVDA) revolved around quantum computing and trade negotiations:
“Uh, but, there’s, you might see NVIDIA going up here. Now, NVIDIA gave a very good talk, this was Jensen’s time to go. Uh, sovereign AI again. . . but I have to tell you Carl, here it goes again, I talked about it last night at the top of the show. They’ve made a manifesto about quantum, about how quantum’s here. There are four quantum stocks that we have to follow. Some of my people that I work with were very, I think that they were, probably concerned that I went out and said, look we ought to be looking at Rigetti, we ought to be looking at, you know the ones that people talk about. But they’re gonna fly!”
“When I first talked to him about it, a year ago, it’s like Jim, I mean come on, quantum isn’t even that good. Now quantum is, uh, wow, really good.”
“Taiwan Semi was the proxy, as that went up you could buy NVIDIA. David, all anyone cares about, and I think this is wrong, is that an NVIDIA chip requires a package [trade deal package with the EU]. . . yes, that’s all people care about. I think that’s a big mistake. There’s much more to it than that. But that is the focus.”
Recently, Cramer pointed a potential breakout level for NVIDIA Corporation (NASDAQ:NVDA)’s share price:
“Alright, NVIDIA, stuck here at $141.42. We gotta see a breakout next week when Jensen goes to Paris for Paris GTC.”
8. Honeywell International Inc. (NASDAQ:HON)
Number of Hedge Fund Holders in Q1 2025: 75
Honeywell International Inc. (NASDAQ:HON) is one of the largest industrial conglomerates in America. Its shares are flat year-to-date after having experienced a massive 15% post-Liberation Day dip in April and a 7.6% fall in January. However, since the April dip, Honeywell International Inc. (NASDAQ:HON)’s stock has gained 24%. 2025 has been full of news for the firm, with one notable development occurring in May after activist investor Elliot Management managed to secure a seat on the firm’s board. However, Cramer’s remarks about Honeywell International Inc. (NASDAQ:HON) focused on the firm’s quantum computing business. Here’s what he said:
“I mean, Honeywell’s been very honest and said listen, we’re not ready.”
The CNBC TV host discussed Honeywell International Inc. (NASDAQ:HON) in the context of NVIDIA CEO Jensen Huang injecting fresh life into quantum computing stocks after commenting that a breakthrough could be possible. Cramer’s earlier remarks about the firm expressed confidence in its management:
“Jeff and I talked about this endlessly. We think the stock is dramatically undervalued. We think that Vimal Kapur is doing everything right. We could not believe how low the stock got. I am a firm believer and a buyer of Honeybell even at these levels. Yes, I like it that much. It was down 8% last week. That’s nutty.”
7. International Business Machines Corporation (NYSE:IBM)
Number of Hedge Fund Holders in Q1 2025: 57
International Business Machines Corporation (NYSE:IBM) is one of the largest enterprise computing firms in the world. It is also one of the oldest technology companies in the industry. International Business Machines Corporation (NYSE:IBM)’s scale and experience enable it to target some of the most important and fastest-growing sectors of the technology industry. Two such sectors are semiconductor fabrication and quantum computing. International Business Machines Corporation (NYSE:IBM)’s partnership with Samsung led to the latter developing its cutting-edge gate-all-around field-effect-transistor (GAAFET) 2-nanometer chip manufacturing process. In quantum computing, International Business Machines Corporation (NYSE:IBM) made a key announcement recently when it revealed that it was on track to build the world’s first large-scale fault-tolerant quantum computer. Here’s what Cramer had to say about the potential historic announcement:
“And IBM does have quantum, and that’s one of the reasons that why IBM is at an all time high!”
International Business Machines Corporation (NYSE:IBM) is one of Jim Cramer’s favorite stocks, and in his recent remarks he commented about the firm’s exposure to currency fluctuations:
“So remember most of these companies are like wow, bring it down, IBM, people were saying maybe IBM’s making too much money from a weak dollar. I happen to like IBM, for the record, but, the companies themselves are very pro weak dollar. So when you speak to them offline, they love it.”
6. IonQ, Inc. (NYSE:IONQ)
Number of Hedge Fund Holders in Q1 2025: 28
IonQ, Inc. (NYSE:IONQ) is one of the few pure-play American quantum computing hardware companies. The firm was a regular feature of Cramer’s appearances earlier this year in January. Back then, the quantum computing sector was basking in the glory of Google’s announcement that its quantum computer had significantly outperformed a supercomputer. Investors started piling into quantum computing stocks, but Cramer remained a skeptic. Back then, NVIDIA CEO Jensen Huang knocked the wind out of the quantum computing bubble after he remarked that the technology wasn’t mature. Yet, in a turn of events in late May, IonQ, Inc. (NYSE:IONQ)’s shares surged by 22% after its CEO commented in an interview that his firm could be the ‘NVIDIA’ of quantum computing. Cramer’s comments revolved around NVIDIA’s CEO changing tack on quantum computing:
“There are four quantum stocks that we have to follow. Some of my people that I work with were very, I think that they were, probably concerned that I went out and said, look we ought to be looking at . . .we ought to be looking at, you know the ones that people talk about. But they’re gonna fly!”
But you’re seeing, I mean I did a piece last night, that basically said, okay, here we go. IONQ. . . .quantum computing, go get em. And David, look at that. I’m not saying I am a sage. I am saying that Jensen is giving a green light to a lot of companies that may mean absolutely nothing but they have quantum in their name.”
Recently, Cramer commented on IonQ, Inc. (NYSE:IONQ)’s valuation:
“Oh my god, it’s so high and it’s losing so much money, but it’s quantum. If I offer you a considered explanation of why I think that stock’s too expensive, most people ignore it, so all I’m going to say is it’s too speculative for me. I don’t know what else to say.”
5. D-Wave Quantum Inc. (NYSE:QBTS)
Number of Hedge Fund Holders in Q1 2025: 13
D-Wave Quantum Inc. (NYSE:QBTS) is a technology company that builds and sells quantum computers. Its shares are up by a massive 66% year-to-date despite having tumbled by 62% in January after NVIDIA CEO Jensen Huang’s comments about quantum computing being a nascent technology. Yet D-Wave Quantum Inc. (NYSE:QBTS)’s shares soared by 22% in May after the firm announced that the next-generation quantum computing system Advantage2 was available for sale. The surge followed a massive 51% share price jump earlier in May after D-Wave Quantum Inc. (NYSE:QBTS)’s first quarter earnings report saw the firm report 507% revenue growth. Cramer’s comments revolved around NVIDIA CEO’s recent remarks about quantum computing:
“There are four quantum stocks that we have to follow. Some of my people that I work with were very, I think that they were, probably concerned that I went out and said, look we ought to be looking at . . .we ought to be looking at, you know the ones that people talk about. But they’re gonna fly!”
But you’re seeing, I mean I did a piece last night, that basically said, okay, here we go.. . . D-Wave Quantum. . .quantum computing, go get em. And David, look at that. I’m not saying I am a sage. I am saying that Jensen is giving a green light to a lot of companies that may mean absolutely nothing but they have quantum in their name.
Cramer also commented on D-Wave Quantum Inc. (NYSE:QBTS) back in February. Here’s what he said:
“Now I know there are real people who work at Rigetti or D-Wave…. They, they, they probably, they go to work, they, they talk with, about qubits and developing quantum materials that have never been ever seen before… Very compelling stuff but it doesn’t tell you much about the earnings power, which is what I care about.”
4. Rigetti Computing, Inc. (NASDAQ:RGTI)
Number of Hedge Fund Holders in Q1 2025: 22
Rigetti Computing, Inc. (NASDAQ:RGTI) is a quantum computing hardware provider that sells quantum computing chips and computers. Year-to-date, the stock has bled 40% as it is yet to recover from the massive selloff in January after NVIDIA CEO Jensen Huang raised doubts about the near-term viability of quantum computing. Since the January bottom, Rigetti Computing, Inc. (NASDAQ:RGTI)’s shares have gained 95% and were helped by a 26% jump in late May after peer D-Wave Quantum’s optimistic first-quarter results. Cramer has previously described the firm as a meme stock and stated that its share price movements are often determined due to tussles between long and short traders. Here are his latest remarks about Rigetti Computing, Inc. (NASDAQ:RGTI):
There are four quantum stocks that we have to follow. Some of my people that I work with were very, I think that they were, probably concerned that I went out and said, look we ought to be looking at Rigetti, we ought to be looking at, you know the ones that people talk about. But they’re gonna fly!”
But you’re seeing, I mean I did a piece last night, that basically said, okay, here we go. . . .Rigetti, quantum computing, go get em. And David, look at that. I’m not saying I am a sage. I am saying that Jensen is giving a green light to a lot of companies that may mean absolutely nothing but they have quantum in their name.
In December, after Rigetti Computing, Inc. (NASDAQ:RGTI)’s shares soared following Google’s quantum computing chip announcement, here’s what Cramer said:
“Okay, so that’s quantum computing. They are all the same. I mean, no, of course, the actual companies aren’t the same, but the stocks are. They’re all parabolic. If you come in, you have to understand, at this point, it is pure speculation. It can keep going up, but they’re all trading the same way. Anything that’s quantum computing and mostly it’s related to how it’s going to help healthcare. I am not a believer at this stage. I wish I’d caught them earlier.”
3. Tesla, Inc. (NASDAQ:TSLA)
Number of Hedge Fund Holders in Q1 2025: 104
Tesla, Inc. (NASDAQ:TSLA) is the world’s largest pure-play electric vehicle manufacturer and a frequent feature of Cramer’s morning show. Even though the firm’s shares have been highly volatile in 2025, Cramer has been a believer most of the time. However, after frictions between Elon Musk and President Trump last week, Cramer took a cautious stance and wondered if holding on to Tesla, Inc. (NASDAQ:TSLA)’s shares was worth it. However, his latest discussion on Squawk on the Street saw him reverse the stance, much to the surprise of his co-hosts David Faber and Carl Quintanilla:
“We got a lot of downgrades and they, it physically stuck, it didn’t go down and then it went up ten percent. I’ll give you a good example. Guggenheim has a Sell on it today. If I crossed out the word Sell and read it, I would be buying. I mean it’s that positive. It’s about Robotaxi and it’s about the total addressable market and initially Tesla won’t do that well. But I’ve gotta tell you, I would neverrrr sell Tesla in this. And then Piper Sandler with just a few bullet points about why it’s going to be fantastic. Driver-less Tesla’s have been spotted in Austin. Of course he’s walked back when it’s going to be, but I continue to believe that you’ve got to own the stock.
“I got a kick out of reading it [Piper’s note] but the fact is David, stock’s bottomed and now you’re talking about, take a look . . .[after Faber pointed out that last week Cramer didn’t know if the stock was worth it] it went to 270! I caught 60 points! What do you want from me?
“Now I will tell you David, in the spirit of kindness, the spirit of goodness, is the notion about what’s he’s saying about Jensen and their partnership on autonomous. Wow. Because a lot of people who feel they’re autonomous does not have what Waymo has, which is the miles run.
“Jensen’s comments here, ‘The work that he, Elon is doing with Grok, his self driving cars, Optimus. Every single one of them world class. Every single one of them revolutionary. Every single one of them are going to be gigantic opportunities. And we’re delighted. I’m delighted to be working with him.’ Boom, I rest my case. That’s what the story is. This is a partnership that is made it so that he’s leapfrogged.
“[On whether Waymo could benefit from frictions between Musk and Trump] Well I think that the, David has talked about a particular felon from New York that’s not alive anymore and that maybe a bridge too far when you tweet about it. It’s kind of the holy grail bad. But I do think that, I think that. . .I want to own Tesla.
“[On why he has shifted his opinion about TSLA in just a week] Okay because, when I saw that it didn’t go down, on this vicious series of sells. When I saw that we’re that close to Austin, and I think that Austin’s going to go very well because a lot of the problems were autonomous, people feel he doesn’t have it. And I think that right in your face, I think humanoids are going to be gigantic. . .2030. You said it, I said it. But it’s going to be ahead of that. I’m going to rent a humanoid in the next two years. I’m gonna have you come over the house.”
2. Starbucks Corporation (NASDAQ:SBUX)
Number of Hedge Fund Holders in Q1 2025: 70
Starbucks Corporation (NASDAQ:SBUX) is a coffee chain that is currently in the midst of a turnaround effort led by CEO Brian Niccol. The firm’s shares are up by a modest 1% year-to-date after having dipped by a massive 19.8% in April. Starbucks Corporation (NASDAQ:SBUX)’s shares sank after President Trump’s Liberation Day tariffs generated jitters about firms with exposure to China. The stock then tumbled by 11% in late April after the firm’s second-quarter earnings miss added fuel to the firm and created doubts about the turnaround strategy. Cramer commented on both, the China exposure and the earnings:
“Last quarter, Starbucks, Brian Niccol, people thought he laid an egg. It was awful. Stock broke to 75. We stuck by it, David, and I just think this is what happens if you stick by quality management with a quality product. This morning, the FT has a piece that says Starbucks had received a lot of interest, according to Brian Niccol, in the sale of a stake in the China business and it’s very very bullish and it talks about how there are a number of people who would like to buy a stake. The good news, they’ve got a lot of interest, a lot of interest, said Niccol and I’m going to leave it to you on your M&A front to see well what could this mean. But I think that it’s very positive.
“I thought that you [David Faber] would like to hear that. Because what it says is that this man is taking action. He’s not just sitting back and saying I’m going to get my head beat in. So I really, really like this story. 7,758 stores. I like the call. I think it’s a buy. There you go.”
Cramer’s an ardent believer in Starbucks Corporation (NASDAQ:SBUX) CEO Brian Niccols. Here’s what he recently said:
“I see the name Starbucks Corp (NASDAQ:SBUX) stock down five and change and I’m boiling. I got—I’m steamed. Not the company or the CEO Brian Niccol or even the coffee. No, I was steamed because of the stupid sellers who are furiously dumping the stock as fast as they could. Sell, sell. There’s Brian Niccol. How dare they. The market opened up hideously off an awful gross domestic product number this morning—showed the economy actually shrinking. Oh my god. 3% in the first quarter. So Starbucks Corp (NASDAQ:SBUX) was just part of the red ink that drenched us.
Why? Because of Niccol, that’s why. You see, I find that when you have a bankable jockey — and Brian’s the man who previously turned around Chipotle — the operator took the chain from the brink of food contamination death and moved the stock up 776% during his tenure versus 109% for the S&P. Well, you gotta ride him. Niccol. You gotta ride him. A Starbucks Corp (NASDAQ:SBUX) newfound glory coming.”
1. General Mills, Inc. (NYSE:GIS)
Number of Hedge Fund Holders in Q1 2025: 43
General Mills, Inc. (NYSE:GIS) is one of the largest packaged food companies in America. The packaged food industry has been a regular feature of Cramer’s morning show this year. He believes that not only has inflation dented the demand for the industry’s products, but also that weight loss drugs threaten the industry’s long-term prospects. General Mills, Inc. (NYSE:GIS)’s shares are down by 13.9% year-to-date as they suffered an 8% dip in March. The dip was followed by a poor earnings report which saw the firm predict that its sales could fall by as much as 2% during 2025. Cramer’s latest remarks about General Mills, Inc. (NYSE:GIS) revolved around reports that the firm was considering divesting its China business:
“[On reports GIS is considering selling China Häagen-Dazs business] General Mills has to do something. I saw a rare Sell issued on General Mills”
Cramer discussed General Mills, Inc. (NYSE:GIS) in detail in May regarding long-term trends for the firm’s business:
“General Mills, which makes top drawer pet food, let’s go over that one. Incredibly popular cereals, you know them, Trix, Lucky Charms, Fruity Cheerios. When you were a kid, was there anything more fun than eating these for breakfast? I mean, they’re practically addictive for children, even for adults. I had some last week, and that’s the problem. Bobby Kennedy Jr. wants to demagnetize these cereals as well as make many other products that have artificial coloring that kids can’t resist.
“The question becomes, what if he gets his way? Will kids eat Lucky Charms without those colorful hearts and rainbows? Can you imagine if you took the color out of Trix? It wouldn’t be for kids. This stock’s one point off its low, 22 points away from its high, yields 4.5%. Hmm, 4.5%. Let’s think about this. General Mills now yields the same as the 10-year Treasury. If you’re nervous, if you fear Bobby Kennedy Jr, would you fear the 10-year? Nah.
“But you know what? You might fear General Mills. So why buy a company that could be in the government’s crosshairs when you can get the equivalent yield from something that’s backed by the full faith and credit of the same government that might be coming after them? I am tempted to buy General Mills, but I do fear Bobby Kennedy Jr. more than I care about how much I might make with this stock.”
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