Jim Cramer Is Bullish on These 10 Stocks Amid Nvidia (NVDA) Controversy

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#4. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders: 99

Salesforce, Inc. (NYSE:CRM) is one of the enterprise software companies Jim Cramer continues to favor despite growing investor concerns about AI potentially disrupting traditional software businesses.

During the Nov. 6 portfolio review, Cramer and his team expressed confidence in Salesforce’s strategy of working with leading artificial intelligence developers.

It’s not clear how long Cramer can stay bullish on Salesforce. The AI onslaught is taking a direct jab at Salesforce’s business. Microsoft and Alphabet are a growing threat because they spend far more on research and development and run their own clouds. Smaller players such as Palantir and HubSpot are also growing faster than Salesforce. Over the past five years, Salesforce’s share of the CRM software market has dropped to 20% from 24%.

Salesforce’s profit margins also face pressure because the company does not own a cloud. It rents computing power from Amazon Web Services, Microsoft Azure and Google Cloud. Salesforce is moving from charging per user seat to charging for AI usage. As that happens, it will pay more to these cloud providers, which could push its gross margin lower. The same cloud giants also compete with Salesforce, so it has little room to raise prices.

Antipodes Global Fund said in its third-quarter 2026 investor letter that the growth of Agentforce, Salesforce’s AI agent platform, is strengthening the company’s AI story. Check the full letter here.

#3. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 169

Apple Inc. (NASDAQ:AAPL) remains one of Jim Cramer’s favored long-term investments, even as concerns about artificial intelligence spending have unsettled parts of the technology sector.

During the Nov. 6 CNBC Investing Club review, Cramer and his team reiterated their conviction in Apple as a stock investors should hold for the long term rather than attempt to trade around short-term market fluctuations.

The Club said Apple enjoys a notable advantage in the AI race because it can incorporate technology developed by partners such as Alphabet into its products without committing the same enormous sums to building data centers.

What Cramer is saying actually forms the basis of Apple’s bull case. Apple has found a low-cost way to compete in AI. It partnered with Alphabet to use the Gemini model to power its new Siri, so it does not need to build massive data centers of its own. Microsoft, Alphabet, Amazon and Meta are spending huge sums on AI infrastructure every year, while Apple keeps its spending low and protects its cash.

The new Siri also makes the iPhone harder to leave. It pulls details from users’ messages, emails and photos to give more personal answers. The longer people use it, the more it learns about them, and switching to another phone would mean losing that history. Apple also has a new way to make money from AI. Basic AI features are free today, but management has confirmed that paid tiers are coming.

Billionaire Ken Fisher shares Cramer’s long-term view on Apple. Find out if you should buy the stock.

#2. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 273

Microsoft Corporation (NASDAQ:MSFT) remains one of Jim Cramer’s preferred technology stocks as investors increasingly scrutinize the enormous sums being spent on artificial intelligence infrastructure.

In the Nov. 6 CNBC Investing Club portfolio review, Cramer and his team praised Microsoft’s financial discipline and its ability to maintain positive free cash flow despite substantial investment in AI and cloud computing.

Cramer believes a slowdown in data center development could benefit Microsoft Corporation (NASDAQ) by reducing construction costs and easing pressure on capital spending.

Microsoft already operates extensive data center infrastructure, giving it an advantage over smaller competitors that depend on new construction to expand their businesses.

A slower pace of development could also reduce pressure on capital spending and improve free cash flow, strengthening Microsoft’s position amid growing concerns about the sustainability of massive AI investments.

Cramer’s bullish view centers on Microsoft’s ability to continue benefiting from AI adoption while maintaining a financially resilient business. Microsoft is also a top AI pick of billionaire Ken Fisher, even though the stock barely moved over the past year. Click to read our full analysis.

#1. Amazon.com, Inc. (NASDAQ:AMZN)

Number of Hedge Fund Holders: 369

Amazon.com, Inc. (NASDAQ:AMZN) is one of Jim Cramer’s latest explicit stock recommendations amid concerns about slowing data center development.

In a Nov. 9 CNBC commentary, Cramer said a slowdown in the construction of new data centers could actually benefit established cloud computing companies such as Amazon and Microsoft.

Why? Cramer believes companies with extensive existing infrastructure would be better positioned than smaller competitors whose growth depends on continued construction and financing.

Cramer specifically recommended Amazon shares and discussed the possibility of the stock reaching $300, representing nearly 10% upside from its trading level at the time.

The bullish recommendation followed the CNBC Investing Club’s Nov. 6 portfolio review, in which Cramer and Marks expressed confidence in Amazon’s latest quarterly performance. Amazon is also one of the four stocks that both President Trump and Nancy Pelosi bought. See the other three picks.

Before its latest earnings report, Amazon was the top AI stock pick shared by Cramer and billionaire Ken Fisher. Read our full take on the stock.

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