Jim Cramer on CoreWeave and 12 Stock Picks This Week
This article summarizes Jim Cramer's recent commentary on CoreWeave, Inc. (NASDAQ:CRWV), a cloud platform provider, and presents a selection of 12 of his stock picks this week amidst a dynamic market environment characterized by fluctuating bond yields and evolving economic indicators. This includes insights into Phillips 66 (NYSE:PSX), Casey’s General Stores, Inc. (NASDAQ:CASY), and EMCOR Group, Inc. (NYSE:EME).
Jim Cramer's Take on CoreWeave
Cramer initially expressed optimism regarding CoreWeave when it went public. However, he cautioned against the stock's rapid surge to $187 in late June, deeming it unsustainable. Despite acknowledging the strength of CoreWeave's fundamental business, he believed the stock was overvalued. The expiration of the insider selling lockup led to a price decline, bringing it back to the low $90s. Though still up over 130% from its offer price, investors who bought at higher levels may not feel like winners.
Cramer further emphasized CoreWeave's significance as a reminder of the volatility associated with "sliver deals," even after a strong quarterly report was followed by insider selling that caused the stock to drop 37% from its mid-August highs. He acknowledged that CoreWeave, Inc. (NASDAQ:CRWV) provides a cloud platform designed to scale and accelerate enterprise compute workloads for AI training and inference, VFX rendering, and machine learning developer tools.
Despite acknowledging CRWV's potential, there are AI stocks that offer greater upside potential and less downside risk. He described CoreWeave as a "builder" similar to Nebius, highlighting its reputation for rapid response in repairing infrastructure racks.
Market Overview and Cramer's 12 Stock Picks
The current market presents challenges due to falling bond yields, mixed economic data, and expectations of policy easing. The benchmark 10-year U.S. Treasury yield declined to 4.019%, and markets anticipate a potential interest rate cut at the Federal Reserve's upcoming meeting. These conditions make expert advice invaluable. The article proceeds to detail 12 stocks recently mentioned by Jim Cramer, host of CNBC's Mad Money.
The methodology for selecting the 12 stocks prioritized recent mentions by Cramer. Ranking was based on the number of hedge funds holding each stock as of the second quarter of 2025. The article then proceeds to list and briefly explain some of the 12.
Selected Stock Picks and Analysis
12. Phillips 66 (NYSE:PSX): Cramer suggested that now is the right time to buy Phillips 66. The company reported a record-high refining utilization rate and progress towards its EBITDA target. The news of potential LNG purchases through long-term contracts further boosted investor interest. The stock is backed by strong institutional interest, with 47 hedge funds holding ownership stakes.
11. Casey’s General Stores, Inc. (NASDAQ:CASY): Cramer called this stock his "absolute favorite." The company announced strong Q1 2026 results, exceeding revenue and EPS expectations. Analysts are raising price targets. 47 hedge funds are invested, reflecting confidence in its growth.
10. EMCOR Group, Inc. (NYSE:EME): The stock secured a spot, following a significant price target increase after strong Q2 2025 results. The company revised its revenue guidance upwards. Cramer indicated the stock has potential growth.
