Mad Money 05/15/26 | Audio Only
Speakers
Jim Cramer
— Host, Mad Money
Summary
Jim Cramer warns about the bond market and oil causing market headwinds, and advocates caution. He highlights Nvidia, Walmart, Costco, and Lowe's as buys, while avoiding Home Depot, Rocket Companies, and certain speculative names. He also interviews CEOs of Babcock & Wilcox and Inflection, and warns about excessive IPO enthusiasm, particularly SpaceX.
- Cramer discusses bond market turmoil due to oil and inflation, dampening rate cut expectations.
- He recommends long-term ownership of Nvidia ahead of earnings.
- He prefers Lowe's over Home Depot due to DIY focus and housing weakness.
- He is bullish on Walmart and Costco as strong retailers.
- He advises buying Inflection on dips as a quantum computing play.
- He warns against Home Depot, Rocket Companies, Pure Cycle, NRGV, and GMED.
- Cramer interviews Babcock & Wilcox CEO about data center power demand.
- He cautions that the upcoming SpaceX IPO could create market disruption.
Trade Ideas
Avoid Home Depot due to rates.
Home Depot is hurt by higher interest rates; housing-related stocks suffer; I don't expect good results. Stock has fallen low but not a buy.
Favor Lowe's over Home Depot.
Lowe's is better positioned than Home Depot because it targets DIY renovations, which benefits from lower new home sales. I expect better numbers.
Own Nvidia long-term, don't trade.
Nvidia is the most important stock in the market; its growth should be spectacular with colossal earnings; long-term holders should not trade it. Despite recent run, the quarter could be perfect.
Walmart is a strong buy.
Walmart is one of the greatest companies, revamped to appeal to all income levels, with hard-to-beat prices and selection. Expect terrific numbers.
Costco is the best retailer.
Costco has gotten red hot and remains preferred for the long run over BJ's Wholesale.
Buy Inflection on dips.
Inflection is a quantum computing company with strong government partnerships and a monetization path. I want people to buy more on dips, not cut and run.
Avoid Pure Cycle losses.
Pure Cycle loses a fortune and has almost no revenue; avoid.
Avoid NRGV speculative.
NRGV is a pure spec losing a fortune; it can hurt you.
Avoid GMED, sector weak.
Medical device group is hated; not much money to be made in GMED even compared to better names like Medtronic.
Avoid Rocket Companies.
Rocket Companies relies on rate cuts which won't happen due to oil inflation; therefore avoid.
