In a recent segment on CNBC’s *Squawk on the Street* aired on November 14, 2025, financial expert Jim Cramer identified 16 stocks that he believes warrant attention, particularly in light of shifting spending habits among affluent Americans. Cramer emphasized the importance of understanding these trends, referencing coverage by Robert Frank of The Wall Street Journal, who highlights how wealthy consumers are still actively spending despite broader economic uncertainties.
Cramer stated, “I think the wealth effect is going the other way. The rich people are spending very, very well.” He noted that tax cuts benefiting affluent individuals have further fueled consumer spending. As he pointed out, “We have a thousand dollars per child next year,” indicating optimism about future financial inflows.
Cramer’s Stock Picks
To compile this list, Cramer focused on stocks mentioned during the broadcast. He included the number of hedge fund holders for each stock, as these investments often reflect confidence from significant financial players. Research indicates that mimicking the top picks of hedge funds can lead to substantial market outperformance.
Live Nation Entertainment, Inc. (NYSE:LYV), with 67 hedge fund holders, was a focal point for Cramer after discussing a recent 20% dip in StubHub’s stock. He defended Live Nation’s potential, stating, “I would buy that stock on the decline because they are very, very good at what they do.” Following a third-quarter earnings report that revealed $8.5 billion in revenue, Cramer reassured investors that the experiential economy remains robust despite recent downturns.
Another highlighted stock was Royal Caribbean Cruises Ltd. (NYSE:RCL), which has seen a 15% decline over the past month. Cramer expressed his belief that the company’s challenges were overblown, remarking, “Their actual numbers really weren’t all that bad,” after the cruise operator’s fiscal third-quarter results. He also noted a cautious but optimistic outlook regarding the company’s guidance for the fourth quarter.
Cramer’s analysis extended to Starbucks Corporation (NASDAQ:SBUX), which is undergoing a challenging turnaround. He emphasized the significance of insider buying, citing board member Jørgen Vig Knudstorp‘s recent purchase of 11,700 shares at $85 each. Cramer reassured viewers that Starbucks remains resilient despite challenges, saying, “I think that Starbucks is getting ahead of the schedule of the turn.”
Emerging Trends and Other Notable Stocks
Among the stocks mentioned was Terrestrial Energy Inc. (NASDAQ:IMSR), which recently commenced trading on NASDAQ. Cramer acknowledged the potential of the company’s molten salt nuclear reactors but expressed caution regarding the nuclear sector’s long timelines for delivery.
Another stock of interest was Strategy Incorporated (NASDAQ:MSTR), known for its connection to Bitcoin. Cramer noted that while the stock is down 33% year-to-date, its CEO, Michael Saylor, maintains a strong presence in the cryptocurrency space. Cramer remarked, “He’s Houdini,” highlighting Saylor’s resilience in the market.
Cramer also discussed tech giants like Apple Inc. (NASDAQ:AAPL) and Microsoft Corporation (NASDAQ:MSFT), both of which remain prominent in his analyses. He praised Apple’s balance sheet, stating, “Apple’s the best balance sheet I’ve ever seen,” while also expressing excitement about potential collaborations with Google.
The discussion also encompassed consumer goods companies such as The Clorox Company (NYSE:CLX) and Kimberly-Clark Corporation (NASDAQ:KMB). Cramer reflected on the excessive negativity surrounding consumer spending, suggesting that Clorox could present a buying opportunity given its strong brand portfolio.
In closing, Cramer’s insights into the stock market highlight both the resilience of certain sectors and the challenges faced by others. Investors may find value in his recommendations, particularly as they navigate a complex economic landscape.
