Mad Money 04/29/26 | Audio Only
Speakers
Jim Cramer
— Host, Mad Money
Summary
Jim Cramer discusses market reactions to oil spike, Fed meeting, and earnings from major tech companies. He highlights a 'shortage' theme favoring old-tech stocks and recommends specific names like Seagate, Intel, Bloom Energy, and Brinker. He also covers the IPO of X Energy, Starbucks' turnaround, and lightning round calls.
- Cramer notes oil surging 7% to $160 and rising interest rates as worrisome macro factors.
- He emphasizes that companies with product shortages (Seagate, Intel, Bloom, NXP) are the market's favorites.
- Earnings from Amazon, Alphabet, Meta, and Microsoft are reviewed with mixed reactions.
- Brinker International reports strong quarter; Cramer interviews CEO Kevin Hochman.
- X Energy IPO discussed as a speculative nuclear energy play with a razor-razorblade model.
- Starbucks turnaround praised; stock jumps 8% after solid quarter and raised guidance.
- SoFi drops 15% despite in-line results; CEO explains cautious guidance due to rate uncertainty.
- Lightning round includes buy on MP Materials, avoid on Applied Digital, and hold on Flagstar Bank.
Trade Ideas
Disc drive shortage drives stock higher.
Seagate's disc drives are in short supply because there aren't enough machines to expand production, and the company can't make its product fast enough, which is exactly what the market wants in a shortage-driven environment.
CPU shortage boosts Intel's demand.
Intel is benefiting from a CPU shortage that is helping alleviate the bottlenecks cripping AI agent growth in the fourth industrial revolution, driving the stock higher.
Fuel cell shortage for data centers.
Bloom Energy's fuel cells for data centers are in short supply and do not burn dirty, making the company a favorite in the current environment where the market craves shortages.
Auto chip shortage boosts NXP.
NXP Semiconductors is experiencing a shortage of chips for autos, a surprise because its auto business was previously an albatross, but now cars are filled with software-defined products making NXP a must.
Strong value and market share gains.
Brinker International (Chili's) reported a strong quarter with 20 consecutive same-store sales growth, value proposition winning market share, and management raised low-end guidance; the stock sold off into the quarter making it a buy.
Speculative nuclear reactor technology company.
X Energy is a speculative nuclear reactor technology company with a razor-razorblade business model, strong customer base (Amazon, Dow, Centrica), government backing, and $1.4B cash; high risk but high reward if nuclear renaissance materializes.
Buy on travel worry dip; maintenance stock.
GE Aerospace is a maintenance stock that has sold off on travel worries; this dip is a good entry point because the company had a really good quarter and the stock rarely comes down otherwise.
Avoid; no profits in winner market.
Applied Digital is making no money in a market where many are making money, and investors are switching from losers to winners; Cramer says no to the stock.
Government-backed rare earths play.
MP Materials is the only rare earths stock Cramer blesses because it has the government's backing, solid management, and is doing many good things.
Turnaround with service and margin recovery.
Starbucks, under CEO Brian Niccol, is executing a turnaround by fixing service issues, investing in customers, and temporarily hurting gross margins to 10% which will bounce back to 13%; the stock will become cheap and the naysayers will be forced to upgrade.
