In his latest appearance on CNBC's Squawk on the Street, Jim Cramer commented on how he's facing trouble using ChatGPT. In his. In previous remarks about OpenAI's software, Cramer shared that he used ChatGPT regularly to research stocks before his programs. While he maintained that "I use ChatGPT all the time," he added that "it was really bad yesterday."
Cramer added that ChatGPT "was dumb; it was more stupid than Alexa." He also shared specific examples of where ChatGPT failed to meet his expectations. According to him:
"They are so bad because I got caught using it for something I'm writing. And it was so wrong. It was the 'return on Meta' and it was like 'Meta's return since it came public was 17%' and that was not even the CAGR it was just like 17%. 17%. I was like no, and I went back and said I think that's wrong. And it said you're right, its 300%."
When co-host David Faber pointed out that the output from most AI chatbots has to be cross-referenced with each other, Cramer countered and pointed out that the process was too time-consuming. "But by the time I'm finished with that, I could have hand-counted it," shared the CNBC TV show host.
He was also full of praise for the late actor Gene Hackman whose death shocked the media industry. Cramer recalled:
"Yeah I was a great friend of Gene for a very long time. He did move on. Uh from when he was a great partner of mine at my hedge fund. And he was a quiet genius. You'd learn from him every time. He came into my office one day. I happened to be a huge Gene Hackman fan. And he was in the lobby, and he said, can I see you, and I said listen nobody's the wizard. But he was so thoughtful and great by the way in so many things that he did. For instance, he did a painting of me that I've always kept, that he did in early 2000. But a remarkable man, a kind man, obviously a great actor. One of the most humble people I've ever met. Never in a million years, I remember one time when my eldest said to him you are a great basketball coach and he said, no you see, that was a movie."
He also recounted Hackman's movies that he liked and commented on the contrast with the movies that Hackman actually liked. Cramer stated:
"It's funny cause the movies that he loved, I told him I loved obviously Conversation, you know, I loved French Connection. The ones that he loved were very different. He loved Royal Tenenbaums, he loved things where he played . . . .but the best thing he ever said to me was, I was in a couple of deals, and he said, and they backfired, and he said, Jim, sometimes you just get had. Simple man, great man."
Cycling back to the trade tensions between the US and China, he added the market is wondering what "the President going to do about China?" While admitting that "China's not as important as it was, but it doesn't matter," Cramer added: "Because everybody in the end is concerned about what the President's going to do."
"I mean there are 18 friendly countries that are allowed unlimited selling. And they're saying look, maybe that is arbitrary, and they're to go over the President's people about, how, to change those midnight rules that were put together by the Biden Administration right at the end of his term. So be aware that there's a lot of moving parts, in NVIDIA, no moving parts in Snowflake."
Our Methodology
To make our list of the stocks that Jim Cramer talked about, we listed down all the stocks he mentioned during CNBC’s Squawk on the Street aired on February 27th.
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).
Tesla, Inc. (TSLA): Among Stocks to Invest In from Israel Englander’s Portfolio
Tesla, Inc. (NASDAQ:TSLA) is Elon Musk's electric vehicle company whose shares have struggled in 2025. The stock is down by a whopping 23% year-to-date after shedding most of its gains since President Trump's November election win. Tesla, Inc. (NASDAQ:TSLA) shares have been impacted by slowing EV deliveries and investor concerns about Musk's politics hampering the firm's sales. In his previous remarks, Cramer wondered why the worried investors don't sell their stock. This time around, he wondered what was 'driving' Tesla, Inc. (NASDAQ:TSLA)'s shares:
"Yeah, all back. And whether it's Bitcoin. Is it Bitcoin, is it the GE Vernova piece out today, is there a quantum, Amazon piece?"
Overall TSLA ranks 4th on our list of the stocks Jim Cramer recently discussed. While we acknowledge the potential of TSLA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TSLA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
