Mad Money 04/21/26 | Audio Only
Speakers
Jim Cramer
— Host, Mad Money
Summary
Jim Cramer discusses several stocks he believes are poised for comebacks after being unfairly beaten down, including Crowd Strike, Microsoft, Blackstone, and United Health. He also analyzes earnings from GE Aerospace and RTX, seeing them as bargains after sell-offs, and takes viewer calls on homebuilders, optical stocks, and other topics. The episode includes an interview with Flexport CEO Ryan Peterson on supply chain challenges and a tribute to Tim Cook's legacy at Apple.
- Cramer highlights Crowd Strike, Microsoft, Blackstone, and United Health as comeback stories driven by management, balance sheets, and misunderstood tailwinds.
- He recommends buying Lennar based on strong housing market signals and D.R. Horton's earnings.
- Cramer analyzes GE Aerospace and RTX earnings, arguing both are buys on weakness due to strong backlogs and demand.
- He discusses Poet Technologies but advises waiting for a pullback due to high valuation and early-stage business.
- In the lightning round, Cramer endorses Levi Strauss and briefly comments on other stocks.
- Interview with Flexport CEO Ryan Peterson covers tariff refunds, Strait of Hormuz disruptions, and supply chain innovations.
- Cramer pays tribute to Tim Cook's leadership at Apple, emphasizing consumer focus and integrity.
- The show emphasizes having faith in quality companies during market turbulence.
Trade Ideas
AI tailwinds boost cybersecurity demand for Crowd Strike.
The market was wrong to think Anthropic would compete directly with Crowd Strike. Instead, AI is a tailwind for cybersecurity because hackers using AI require better security. A Keybank upgrade highlighted that AI tailwinds have arrived and the Falcon platform is well positioned, with a survey showing CISOs plan to increase cybersecurity budgets due to AI.
Strong Azure and enterprise software drive Microsoft's recovery.
Despite concerns about Copilot and AI competition, Microsoft's Azure cloud business is robust, the Windows franchise remains strong, and the company has a fantastic balance sheet. A positive Citigroup research note raised estimates, highlighting strong enterprise software and Azure results.
Fears about Anthropic's impact on private credit are overblown.
Fears that Anthropic would crush Blackstone's private credit business due to software investments were overblown. The software sector rebounded, and Blackstone's stock roared back. The company's employees voluntarily bought into the private credit funds, showing confidence.
Return of CEO Hemsley drives United Health turnaround.
United Health had management missteps, but the return of former CEO Steve Hemsley has fixed the company. The balance sheet was strong, and Hemsley's track record suggests a turnaround. The company reported an upside earnings surprise, and Cramer expects more.
Strong housing market supports homebuilder Lennar.
After reading D.R. Horton's strong earnings report and considering positive housing market factors, Cramer recommends buying Lennar. He trusts management (Stuart Miller) and believes the homebuilder will make money.
Strong earnings and backlog make GE Aerospace a buy.
GE Aerospace reported excellent earnings with strong backlog and demand, but the stock sold off because it didn't raise full-year guidance. Cramer believes the forecast is conservative and the sell-off presents a buying opportunity. He would buy on weakness and considers it a bargain.
Strong defense and aerospace demand support RTX.
RTX reported excellent results with strong order backlog and raised some guidance, but the stock sold off as investors hoped for more. Cramer believes the company is doing extremely well, especially in defense with munitions production ramping up, and the sell-off makes it a bargain.
Michelle Gass is doing a good job at Levi.
In the lightning round, Cramer says he likes Levi Strauss at $23-24, believes CEO Michelle Gass is doing a good job, and would buy the stock.
