Ideas
Dangerously expensive, no bottoming signs
Constellation Energy has been loved too much, up over 175% in two years and trading at 28 times earnings, which is dangerously expensive for a utility. The stock has already fallen from 353 to 322 and shows no signs of bottoming.
Overcorrected; small position trade possible
Constellation Brands may have overcorrected after falling over 40%. It now trades at 13 times earnings with a 2.8% dividend, the core beer business is stabilizing, shipments and depletions are narrowing, and Modelo remains the top US beer brand. Cramer is not pounding the table but says a small trading position is reasonable.
Strong sales; estimates too low
Costco reported much better-than-expected monthly sales, with comparable sales accelerating, digital stepping up, and the best beat in a while. Estimates are too low, earnings bumps and price target increases are likely, and the rally is not done.
Insider buying; turnaround undervalued
Nike has value in the new year. North America has turned, China is a disaster but new CEO Elliott Hill has a plan, and insider buying from Hill and Tim Cook provides a strong vote of confidence. The stock rose despite a Needham downgrade, suggesting it is immunized against negativity and analysts may upgrade.
Housing turnover leverage; owns for trust
Cramer wants to own Home Depot, a leading housing indicator that rallied 3%. He owns it for the charitable trust as his only housing exposure and feels increasingly good about the situation, especially if institutional single-family home investors are forced to sell and boost housing turnover.
Acts heavy; wait for lower
SoFi has not come down enough and acts heavy with a lot for sale. Despite liking it since $5, Cramer says to wait and is not giving the go-ahead to buy it yet.
Scarcity value; GTA launch hope
Take-Two Interactive will be the only independent publicly traded game publisher after EA goes private, giving it scarcity value, and there is hope for the launch of a new Grand Theft Auto edition.
Take profits after huge run
Memory and data storage stocks like SanDisk, Western Digital, Micron, and Seagate more than tripled last year and roared again in early 2026. They are now cooling off after overheating, and Cramer says it is responsible to ring the register and take a little off the table.
Fiber optics leader; top 2026 performer
Corning is a key charitable trust holding, a leading fiber optics maker that rose 84% last year. Cramer still thinks it may be one of the best performers for 2026.
Still very inexpensive
IBM is old tech that ran higher, and Cramer thinks it is still very inexpensive.
Old tech pure play holding
Cisco Systems is a pure play for the charitable trust and had a big run as part of old tech strength.
AI competition is eating them
Tech consulting firms like Gartner, Accenture, DXC Technology, and CDW took a bath in 2025 and are being eaten alive by competition from AI.
Prefers FedEx over UPS
Cramer likes FedEx most among the transports, especially compared with underperforming UPS.
Banks still cheap; stick with them
For 2026, keep it simple and stick with the banks. They are still cheap, especially investment banks, and Cramer likes them even after their move. He specifically likes Goldman Sachs and Capital One, and owns them for the charitable trust.
New CEO turnaround; another huge year
CVS Health was the best healthcare performer, up nearly 77% as the company recovered under new CEO David Joyner and benefited from Walgreens closing stores. Cramer is looking for another huge year.
Relentless juggernauts; Cardinal monster
Drug distributors Cardinal Health, Cencora, and McKesson continued their relentless climb higher and are juggernauts despite being hated middlemen. Cardinal Health is the monster of the group.
Great opportunity after selloff
ONEOK is a natural gas-focused pipeline play that was down 27% last year. Cramer wrote in his book that it was a great buy, and he still thinks it is a great opportunity.
Wall Street favorites; keep running
Cramer accepts that the dollar stores will just keep running, calling them Wall Street favorites.
Recommended; rally not done
Cramer recommended Procter & Gamble yesterday and it rallied $3.50. He does not think it is done.
Still likes utilities
Cramer still likes the utilities sector.
Optimistic after late-year rebound
Cramer is optimistic about healthcare after its rebound late last year, as worst fears about RFK Jr. failed to materialize and the sector has momentum going into 2026.
Lower rates would help materials
If lower rates materialize as Cramer expects, it would be good for the materials sector.
Needs lower rates to recover
Real estate stocks mostly just need lower interest rates to do better, and Cramer expects lower rates would help the sector.
Lower rates would help discretionary
If lower rates come, it would be good for the consumer discretionary sector.
Less optimistic; production pressures pricing
Energy might benefit from lower rates, but Cramer is less optimistic because the White House is aggressively boosting production, which is bad for pricing.
Cheap yields, but not enough
Some consumer staples stocks have gotten very cheap with great yields, but Cramer is not sure that will be enough to drive performance.
Needs lower rates; possible squeeze
Best Buy has a 5% yield and a large short position could create a coiled spring, but it needs lower rates to work.
Going to go through par
Wells Fargo looks like it is going to go through par, meaning it should reach 100, according to Cramer.
Brad Jacobs; Apollo backing; buy
Apollo invested $1.2 billion in QXO convertible preferred, and Brad Jacobs is involved. Cramer says you can't bet against Brad Jacobs, notes a 10% short position, and thinks it is a buy even though it is not a table-pounding call because it has run.
Sticking with Eli Lilly
Cramer is a Eli Lilly guy and is going to stick with it, preferring it over Viking Therapeutics.
Prefers Viking Cruises over therapeutics
If investing in Viking, Cramer prefers Viking Cruises (VIK) over Viking Therapeutics, saying VIK is the one you want to own.
Uber spec with room
Starfighter Space is an incredibly volatile aerospace IPO, but Cramer calls it an Uber spec and says there is room for an Uber spec in a portfolio.
Dividend/buyback restraint outweighs budget
The trade-off for defense contractors—a big budget increase in exchange for axing dividends and buybacks—does not appeal to Cramer. He thinks dividend and buyback restraint may be more impactful than the president's ability to raise the defense budget, which needs congressional authorization.
This CNBC video, published January 09, 2026,
features Jim Cramer
discussing CEG, STZ, COST, NKE, HD, SOFI, TTWO, SNDK, WDC, MU, STX, GLW, IBM, CSCO, IT, ACN, DXC, CDW, FDX, KBE, GS, COF, CVS, CAH, COR, MCK, OKE, DG, DLTR, PG, UTILITIES, XLV, XLB, XLRE, XLY, XLE, XLP, BBY, WFC, QXO, LLY, VIK, FJET, ITA.
33 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Jim Cramer
· Tickers:
CEG,
STZ,
COST,
NKE,
HD,
SOFI,
TTWO,
SNDK,
WDC,
MU,
STX,
GLW,
IBM,
CSCO,
IT,
ACN,
DXC,
CDW,
FDX,
KBE,
GS,
COF,
CVS,
CAH,
COR,
MCK,
OKE,
DG,
DLTR,
PG,
UTILITIES,
XLV,
XLB,
XLRE,
XLY,
XLE,
XLP,
BBY,
WFC,
QXO,
LLY,
VIK,
FJET,
ITA
