Ideas
Meta lost its way; growth questioned
Meta's P/E has compressed from 30x to 22x as the market grew skeptical of Mark Zuckerberg and the company's growth rate. Cramer says Meta has lost its way, and it is among the Mag 7 names currently donating capital to storage/memory momentum stocks.
Storage plays go higher on AI demand
Storage/memory stocks such as Micron, SanDisk, Seagate, and Western Digital are benefiting from a historic AI-driven memory/storage shortage. Suppliers underinvested for years and are now repeatedly raising prices with little resistance, while momentum money rotates out of the Mag 7 into these names. Cramer thinks the storage plays are going higher, though he warns not to overstay because commodity disk-drive/semiconductor names may not stay up by year-end.
Intel demand strong; CEO has upside
Intel sold off after a weaker-than-expected quarter, but Cramer thinks the market is wrong: demand is insane, CEO Lip-Bu Tan has more up his sleeve, and the stock has momentum. He says giving up on Intel would be a big mistake.
AI obsolescence risk hurts enterprise software
Enterprise software names like Salesforce, ServiceNow, Adobe, Workday, and Atlassian are suffering severe P/E compression because investors fear generative AI platforms will make them obsolete. Cramer says he has come not to trust the software companies, believing tools like Anthropic can create rival products at a fraction of the cost, and money is pouring out of the group into storage.
Stick with Mag 7; money returns
The Magnificent 7 are temporarily donating capital to momentum favorites like storage/memory names, but Cramer does not believe mega-cap tech is finished. They have too many levers, too much cash, and too-smart management to bet against, so he expects money to flow back to most of the seven and is sticking with them.
Hold Palantir; momentum not fading
Cramer likes Palantir and would not leave it; he acknowledges it is momentum but says the momentum is not going away, even though he currently prefers fresh money in storage/memory names.
Buy 3M turnaround after harsh pullback
3M's post-earnings pullback is a buying opportunity because the turnaround under CEO Bill Brown is real: legal risk from forever chemicals is contained, organic growth and margins are recovering, earnings have beaten for 12 straight quarters, guidance is conservative and beatable, and new-product innovation is accelerating. Cramer says the stock looks cheap at under 19x forecast earnings.
Buy P&G; low expectations turn higher
Cramer bought P&G for the charitable trust into weakness because he saw its problems as temporary, especially US softness tied to the government shutdown. Expectations were very low, management reiterated full-year 2026 guidance, and the new CEO is investing internationally while improving execution. He says a rally on a weak quarter is a textbook sign the stock has more room to run.
Sell Kraft Heinz; food business weak
Despite new CEO Steve Kane coming from Kellogg, Cramer and Ben Stole could not get behind Kraft Heinz because not enough good is happening in the food business. He says he is a seller, not a buyer.
Hold Target; yield supports bounce
Target is bouncing off its lows with a 4% yield and a new CEO. Cramer blesses owning it, suggests adding more if it reaches $100, and says he remains a long-time fan.
Sportradar benefits from betting event catalysts
Sportradar's business is strong: it owns sports data rights and contracts with major leagues, and market makers need its detailed data, tendencies, and risk profiles. Prediction markets in California, Texas, and Florida are a major upside opportunity, and the Winter Olympics and World Cup should drive betting volumes and revenue for clients; when clients do well, Sportradar does well.
Sportradar stock too cheap before events
Cramer thinks Sportradar's stock has fallen too far: it is a picks-and-shovels play on sports betting with key league data rights, prediction-market fears look overdone, and the Winter Olympics and World Cup are major potential catalysts. He says the stock does not belong where it is.
Buy steel stocks on tariffs, US strength
Cramer likes Steel Dynamics and Nucor as a bet on America doing well and tariffs working; he calls them a terrific buy.
Royalty Pharma's biopharma funding model works
Royalty Pharma keeps going higher; Cramer loves its step-function business model of funding biopharma and earning returns, and he has liked the company since its IPO.
Buy Coherent dips; AI tech strong
Coherent's optical/connectivity technology is really good and is a winner in the AI buildout. Even though the stock has already run a lot, Cramer would use any dip to buy more.
Sell Lucid; Rivian is better EV
For a caller deep in the red on Lucid, Cramer says take the loss. If you want an EV, Rivian is better and is the one to be in, though Cramer personally does not like the group.
Sell Lucid; Rivian is better EV
For a caller deep in the red on Lucid, Cramer says take the loss. If you want an EV, Rivian is better and is the one to be in, though Cramer personally does not like the group.
Avoid Stable Offshore; weak oil company
Cramer says Stable Offshore is not a great company, not a great oil-services or oil company; he tells the caller to stay away and get out.
Avoid Venture Global; delivery record poor
Cramer does not like Venture Global: he says the company did not deliver and he does not think it will deliver at all.
Buy Boeing; cash flow is key
Cramer bought Boeing aggressively on the way down because management said cash flow would be higher than expected; he views cash flow as the key metric and considers the rest noise. He told investing club members to buy and buy, and believes you cannot defeat Boeing.
GE too-loved earnings setup
Even though GE Aerospace is a best-in-class company with strong execution under Larry Culp, Cramer avoided it into earnings because it was too loved and faced A-student expectations. The stock fell 7.4% despite a fantastic quarter, showing how too-loved stocks can sell off on good news.
This CNBC video, published January 23, 2026,
features Jim Cramer, Carson Curl
discussing META, MU, SNDK, STX, WDC, INTC, CRM, NOW, ADBE, WDAY, TEAM, IGV, MAGS, PLTR, MMM, PG, KHC, TGT, SRAD, STLD, NUE, RPRX, COHR, LCID, RIVN, SOC, VG, BA, GE.
21 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Jim Cramer,
Carson Curl
· Tickers:
META,
MU,
SNDK,
STX,
WDC,
INTC,
CRM,
NOW,
ADBE,
WDAY,
TEAM,
IGV,
MAGS,
PLTR,
MMM,
PG,
KHC,
TGT,
SRAD,
STLD,
NUE,
RPRX,
COHR,
LCID,
RIVN,
SOC,
VG,
BA,
GE
