Name: Mad Money 06/05/26 | Audio Only
Uploaded: 2026-06-05T23:55:39+00:00
Duration: 2658 s

Speakers

Jim Cramer — Host, Mad Money

Pascal Sorio — CEO

Summary

Jim Cramer analyzes the market selloff driven by upcoming mega IPOs (SpaceX, Meta, etc.) and a hot jobs report. He highlights the divergence between NASDAQ and S&P indices and recommends NASDAQ 100 for younger investors and S&P 500 for older. He discusses the athleisure downturn, advising caution on Lululemon and Adobe, and gives specific stock recommendations including Apple (bullish), Coherent (sell half), McDonald's, Reddit, Lockheed Martin, and BorgWarner. He interviews AstraZeneca's CEO about growth targets.

Market sold off due to supply concerns from upcoming IPOs and a strong jobs report.
NASDQ 100 expected to become more turbocharged with fast-track IPO rules.
S&P 500 is likely to become a lower-risk, lower-reward index.
Athleisure sector is out of style with weak results from Lululemon.
Cramer recommends Apple as a safe AI play due to its piggyback strategy.
AstraZeneca CEO confirms $80 billion revenue target by 2030.
Cramer advises selling half of Coherent and buying back lower.
He recommends buying McDonald's, Reddit, and Lockheed Martin on weakness.

Trade Ideas

Jim Cramer Host, Mad Money 4:01

Apple avoids AI capex burden

Apple doesn't need to raise billions for AI, piggybacks on Alphabet's AI spending, and its massive installed base makes it attractive; the stock has been flying while other big tech gets crushed due to capex concerns.

Jim Cramer Host, Mad Money 7:23

Adobe not low enough yet

Adobe is in a shrinking SaaS cohort with cheaper competitors; even after the thrashing, the stock is not low enough to own.

Jim Cramer Host, Mad Money 8:59

Buy Lockheed in stages

Lockheed Martin is volatile but a good company; buy two shares now and if it falls below 500, buy three more to average in.

Jim Cramer Host, Mad Money 10:37

Sell Coherent now, buy later

Coherent (COHR) is vulnerable to the supply-driven selloff as investors raise cash for IPOs; sell half now and plan to buy back at lower levels.

Pascal Sorio CEO 15:07

AstraZeneca on track for $80B

AstraZeneca is on track to hit its ambitious $80 billion total revenue target by 2030, driven by a strong oncology pipeline, new product launches (breast cancer, hypertension), and investments in manufacturing and R&D.

Jim Cramer Host, Mad Money 27:57

Avoid Lululemon, wait for lower

Lululemon is out of style due to saturation, competition, and changing consumer tastes; cheap valuation is a trap as estimates keep falling; wait for much lower levels before considering.

Jim Cramer Host, Mad Money 28:42

Buy McDonald's on dips

McDonald's has a strong brand and 2.6% yield but faces high beef costs; buy in small tranches at progressively lower levels (279, 270, 265, 260) to get a good basis.

Jim Cramer Host, Mad Money 34:44

NASDAQ 100 good for young

The NASDAQ 100 will become even more turbocharged with fast-track rules for mega IPOs; it offers higher risk/reward and is suitable for younger investors with a long time horizon.

Jim Cramer Host, Mad Money 34:55

S&P 500 suits older investors

The S&P 500 will become more like the Dow Jones Industrial Average, offering lower risk/reward; it is better suited for older investors seeking safety and lower volatility.

Jim Cramer Host, Mad Money 38:01

Avoid BorgWarner now, wait

BorgWarner is at a parabolic level at 72; it could drop to 60 in a heartbeat, so avoid now and wait for a lower entry.

Jim Cramer Host, Mad Money 38:50

Buy Reddit slowly, expensive

Reddit has a unique property but trades at 29x earnings; it is a buy but only slowly and not all at once.

Mad Money 06/05/26 | Audio Only

Summary

Trade Ideas

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