Mad Money 07/27/26 | Audio Only

Summary

Jim Cramer warns that vendor financing in the AI data center buildout mirrors the 2000 dotcom crash, urging caution on Nvidia and related suppliers. He recommends rotating away from traditional tech into medtech (J&J), aerospace (Honeywell Aerospace), and infrastructure (CR). Post-earnings dips in American Express and Intel are buying opportunities, while CrowdStrike remains a core holding. Honeywell Technologies is a hold after a big run, and Honeywell Aerospace is a bargain. He advises avoiding Nike and Keer Insurance.

• Cramer compares AI data center vendor financing to the dotcom era, warning on Nvidia and supplier stocks despite strong balance sheets.
• Recommends rotating from traditional tech into technological companies outside the tech sector, explicitly naming J&J for medtech.
• American Express post-earnings selloff is a buying opportunity, driven by strong Gen Z and millennial spending and excellent credit metrics.
• Intel is being bought aggressively for the CNBC Investing Club on the thesis that CPUs will outpace GPUs and the foundry shortage.
• CrowdStrike is praised as a top cybersecurity leader with an open model, worth owning despite Microsoft competition.
• Honeywell breakup creates value: Honeywell Technologies delivered a strong quarter but is extended; Honeywell Aerospace is a top buy at a discount to peers.
• CR, the largest aggregates producer, is a non-tech infrastructure play with long-life reserves, less exposed to data center spending.
• Lightning round: recommends buying First Horizon, avoiding Nike and Keer Insurance.