Ideas
Own Apple and Nvidia despite selling.
Apple and Nvidia are executing well and making money; the recent weakness is January source-of-funds selling by money managers rotating out of old favorites into new positions, so investors should wait out the selling and own both rather than trade them.
Buy JPMorgan dip after cautious Dimon call.
JPMorgan's actual quarter should be amazing, but Jamie Dimon may sound cautious or pessimistic on the call and crush the stock like last quarter; wait for that decline, then pounce and buy some, possibly adding the next day.
Delta best-run airline, expect fine quarter.
Airlines are putting up terrific numbers and Delta is arguably the best-run airline, so he expects a fine quarter from Delta.
Citigroup upside surprises as analysts catch up.
Citigroup has gone from ugly duckling to beautiful swan, but analysts have not caught up with the new numbers, so it keeps surprising to the upside and deserves upside estimate revisions.
Wells Fargo improving under Scharf, own it.
Wells Fargo has been fabulous for the trust; Charlie Scharf pivoted it from plain banking to a full corporate and individual bank with a lucrative M&A practice, while continuously cutting costs and improving efficiency.
Bank of America solid growth, few surprises.
Bank of America has been consistently good with very few surprises, and he expects another solid growth quarter that helps drive the stock higher over time.
Goldman takeover business strong, expect excellent numbers.
Goldman Sachs should report excellent numbers because financial-market activity is unusually strong and its takeover business should be tremendous.
Morgan Stanley asset gathering extraordinary, expect increases.
Morgan Stanley should report excellent numbers because asset gathering has been extraordinary under Ted Pick.
TSMC monster quarter could help Nvidia sentiment.
Taiwan Semiconductor should have a monster quarter as the manufacturing partner of AMD and Nvidia, and a strong report could help Nvidia shake off sellers.
Data storage names rallying versus complicated Nvidia.
The winners in semiconductors have been simpler data-storage names rather than complicated Nvidia, and Western Digital, SanDisk, Seagate, and Micron are moving up along with semiconductor capital equipment.
Focused on Applied Materials and Lam Research.
He is focused on Applied Materials and Lam Research as semiconductor capital equipment companies that are moving up along with the data-storage winners.
FedEx winner helped by freight recovery.
A good JB Hunt number would show the freight recession doldrums are ending and emboldens him to keep pushing FedEx, which he calls a winner.
Prefer other banks over PNC now.
PNC has been an up-and-down performer after years where it did nothing but go up, and he now prefers other bank stocks.
Bank earnings strong, set positive tone.
A strong start to bank earnings season could set a positive tone for the rest of the market, and he expects the banks to report good numbers.
Buy Cloudflare weakness; management excellent.
Cloudflare is a well-run company led by Matthew Prince, and he would buy more here and add again if the ugly chart keeps pressuring the stock.
Cheesecake Factory cheap, run to highs.
Cheesecake Factory is a seasoned operator that knows how to run its business, trades at only 13 times earnings, and is too cheap for a high-quality growth company, so it could make a run at all-time highs.
Shark Ninja beats, cheap, buy here.
SharkNinja has beaten sales and earnings estimates for nine straight quarters, is growing across product categories, expanding margins, handling tariffs, and trades at only about 20 times this year's earnings estimates, making it a steal.
Ulta turnaround working; buy, prior holders hold.
Ulta Beauty's turnaround under Kecia Steelman is working, with strong sales, comps, margins, cost savings, and raised guidance; the stock has run but still has more upside, so new buyers can buy and prior buyers should hold.
Hold elf Beauty; tariff ruling upside.
e.l.f. Beauty has been troubled by confusion over Chinese manufacturing, but a Supreme Court tariff overturn could send the stock up 25 points, and he thinks the weakness overstates problems that may no longer exist.
Kimberly-Clark intriguing at 13 times.
Kimberly-Clark's weakness is tied to the Kenvue acquisition, but management is doing a fantastic job with the hand it has, and the stock looks intriguing with a 5% yield at 13 times earnings.
Lisa Gill
Managing Director, J.P. Morgan; Head of Healthcare Services Equity Research
28:42
Biotech M&A window opening under Trump.
Biotech has been on fire and there is anticipation that parties may come together at the JPM healthcare conference; the current administration appears more open to transactions than the Biden administration, and large pharma has capital, creating M&A opportunities.
Lisa Gill
Managing Director, J.P. Morgan; Head of Healthcare Services Equity Research
28:59
Drug distributors strong, resilient to pricing.
Drug distributors did incredibly well last year, returning around 50% plus, and remain important logistics providers; MFN and insulin pricing changes did not hurt their margins, and she looks forward to updates on managed services and acquisitions.
Lisa Gill
Managing Director, J.P. Morgan; Head of Healthcare Services Equity Research
31:40
CVS cheap, can re-rate higher.
CVS is one of their favorite names going into 2026; the stock returned nearly 80% last year but still trades at less than 12 times next year, Medicare Advantage rates are below historical levels, retail pharmacy is normalizing, and the cost-plus shift could help it trade closer to a drug distributor multiple.
Albemarle safer lithium pick over Lithium Americas.
He rejects Lithium Americas and says Albemarle is the safer lithium stock even though it has already run a lot.
Albemarle safer lithium pick over Lithium Americas.
He rejects Lithium Americas and says Albemarle is the safer lithium stock even though it has already run a lot.
Talen Energy okay, buy some here.
Talen Energy has come down but is only down about 1% for the year, and he is inclined to buy some here rather than sell.
Avoid SailPoint enterprise software now.
SailPoint is the kind of enterprise software he cannot tolerate right now, and he does not want to be in anything like it.
First Solar not good enough; cut losses.
First Solar is not good enough to justify 16 times earnings, and the caller should cut losses rather than hold it on margin.
Amprius interesting spec after pullback.
Amprius Technologies is an interesting speculative battery play for drones and satellites, and after its pullback he calls it a good one.
Buy ARM Holdings; CEO doing well.
ARM Holdings CEO Rene Haas is doing a real good job, Cramer does not know why the stock keeps going down, and he is a buyer rather than a seller.
Avoid Oklo; nuclear timelines slip.
Meta's commitment to buy power from Oklo's small nuclear reactors by 2030 is risky because nuclear projects historically face delays and cost overruns, small modular reactors are novel, and the industry faces worker and material shortages; he would not put money on it.
This CNBC video, published January 10, 2026,
features Jim Cramer, Lisa Gill
discussing AAPL, NVDA, JPM, DAL, C, WFC, BAC, GS, MS, TSM, WDC, SNDK, STX, MU, AMAT, LRCX, FDX, PNC, BANK, NET, CAKE, SN, ULTA, ELF, KMB, XBI, Drug distributors, CVS, ALB, LAC, TLN, SAIL, FSLR, AMPX, ARM, OKLO.
31 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Jim Cramer,
Lisa Gill
· Tickers:
AAPL,
NVDA,
JPM,
DAL,
C,
WFC,
BAC,
GS,
MS,
TSM,
WDC,
SNDK,
STX,
MU,
AMAT,
LRCX,
FDX,
PNC,
BANK,
NET,
CAKE,
SN,
ULTA,
ELF,
KMB,
XBI,
Drug distributors,
CVS,
ALB,
LAC,
TLN,
SAIL,
FSLR,
AMPX,
ARM,
OKLO
