Ideas
Buy S&P 500 into negativity
The broad U.S. stock market is not frothy like 1999; inflation is tame, the 10-year yield is 4.6% vs 6.4% in 1999, S&P 500 trades at 20x forward earnings vs 25x then, many big-cap stocks are cheap, the Fed is unlikely to hike, and investors should buy index funds into negativity.
BAC cheap at 12x earnings
Bank of America reported strong revenue growth, asset management fees up 19%, investment banking up 50%, and the stock hit an all-time high yet sells for only 12 times next year's earnings, making it shockingly cheap.
Goldman blowout, cheap at 18x
Goldman Sachs had a blowout quarter with 39% revenue growth, massive EPS beat ($20.98 vs ~$14), improved efficiency ratio, stock still cheap at ~18x earnings, durable business, early innings of the dealmaking cycle, and is a top-five position in the charitable trust.
JPM best bank, 15x earnings
JP Morgan is the best bank in the world with the highest net income, revenue growth, deposit base, return on equity, and capital return, yet trades at only 15 times earnings (below the market multiple) and hit an all-time high.
Memory stocks surging on supply shortage
Memory and data storage stocks (Micron, Sandisk, Seagate, Western Digital, SK hynix) are surging because hardware pricing is exploding due to supply shortages that could last until 2028, and corporate IT budgets are prioritizing this spending, allowing companies to charge insane prices.
NVDA cheap, estimates too low
Nvidia trades at 23x forward earnings, estimates are way too low, and the stock will turn out to be much cheaper than the market thinks.
Dell and HPE better than Super Micro
Dell trades at 25x earnings with estimates too low and is taking business from IBM; both Dell and HPE are preferred over Super Micro due to suboptimal SMCI management.
Avoid IBM, IT budget squeeze persists
IBM pre-announced weak numbers because corporate IT budgets are being squeezed by sky-high prices for hardware in short supply, prioritizing cybersecurity, hardware, and AI tokens at the expense of IBM's mainframes and services; the weakness could be persistent and hope is not a reason to buy, so Cramer cannot recommend IBM even after the 25% decline.
Zoom cheap, accelerating growth
Zoom Communications sells for just 15x earnings, had its best growth in years, raised full-year forecasts, added $1B to buyback, is expanding into AI-powered phone, contact center, and workplace tools, and is a brand new company; it makes a lot of sense to buy right here.
Cheniere will dominate LNG exports
Shener (Cheniere) LNG is doing great things, and Cramer continues to back it because the U.S. will own the LNG export market as the country with the most supply.
Avoid Pool, housing transactions 40-year low
Pool Corp needs more housing transactions to thrive, and transactions are at a 40-year low, making the stock unattractive.
Avoid SMCI, management is suboptimal
Super Micro Computer has a suboptimal group of executives; Cramer prefers Dell or even HPE over SMCI.
Watch semiconductors for restart
The semiconductor index rebounded almost 3% today, the sell-off may be a recharge rather than the end of the move, being bearish just because it went down doesn't make sense, and selling without knowing could be a mistake.
This CNBC video, published July 15, 2026,
features Jim Cramer
discussing SPY, BAC, GS, JPM, MU, SNDK, STX, WDC, 000660.KS, NVDA, DELL, HPE, IBM, ZM, LNG, POOL, SMCI, SOXX.
13 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Jim Cramer
· Tickers:
SPY,
BAC,
GS,
JPM,
MU,
SNDK,
STX,
WDC,
000660.KS,
NVDA,
DELL,
HPE,
IBM,
ZM,
LNG,
POOL,
SMCI,
SOXX
