Mad Money 05/26/26 | Audio Only
Speakers
Jim Cramer
— Host, Mad Money
Summary
Jim Cramer celebrates Micron joining the trillion-dollar club, reviews other mega-cap tech and industrial giants, and delivers a deep financial analysis of SpaceX's upcoming IPO. He also interviews the CEO of Abridge (AI healthcare), takes viewer calls in the lightning round with stock picks, and defends the data center buildout against negative media narratives.
- Cramer highlights Micron's trillion-dollar milestone driven by unrelenting AI memory demand.
- He reviews the trillion-dollar club including Nvidia, Apple, Amazon, Broadcom, Eli Lilly, and others, offering opinions on each.
- A detailed breakdown of SpaceX's IPO prospectus shows weak current financials but strong near-term catalysts (Starship, Anthropic deal).
- Cramer defends the data center buildout, arguing it generates strong returns and communities should negotiate better terms.
- Lightning round includes explicit buys on DoorDash and Flex, and avoidance of Berkshire Hathaway.
- Cramer reiterates bullishness on Amazon, Broadcom, and Eli Lilly with specific catalysts.
- He expresses cautious optimism on Microsoft's ability to turn around despite Copilot skepticism.
- The episode emphasizes the dominance of AI hardware stocks and selective contrarian opportunities in beaten-down names.
Trade Ideas
Long Micron, memory boom unrelenting.
Micron has entered the trillion-dollar club because its high-bandwidth memory chips are essential for AI data centers, and the memory boom appears unrelenting. The company is still cheap despite massive gains, and analysts see a 40-year prospect. Cramer is very bullish.
Long Microsoft, trust in turnaround.
Microsoft is weighed down by enterprise software and skepticism around Copilot, but Cramer still owns it in his charitable trust because the company has enormous resources and smart people. He believes they will fix the issues, making it a buy despite current headwinds.
Long Amazon, misunderstood with strong segments.
Amazon is misunderstood and cleaning up with Prime, AWS, advertising, and now semiconductors (Trainium chips) that hold their value, similar to Nvidia but cheaper. Cramer is a huge believer and corrected his earlier mistake about chip value retention.
Long Broadcom, sleeper AI chip maker.
Broadcom is a sleeper making custom chips for Google, Meta, ByteDance, and Anthropic, plus enterprise software VMware. CEO Hock Tan is shrewd and constantly adding clients. Cramer's charitable trust has stuck with it for big gains.
Avoid Berkshire, post-Buffett boredom.
Berkshire Hathaway is likely to underperform because Warren Buffett has stepped down, and many shareholders were invested due to faith in Buffett. Without that catalyst, they may sell to avoid boredom, with only capital gains tax lock-in keeping them. Cramer believes the stock will lose appeal.
Long Eli Lilly, new drugs promising.
Eli Lilly continues to improve with a new weight-loss drug retatide that appears to bust fat not muscle in phase 3 trials, and a separate gene therapy showing great cholesterol data. Brilliant management justifies its trillion-dollar valuation as the only healthcare company at that level.
Long DoorDash, contrarian buy.
DoorDash is a buy as part of a group of stocks (Uber, Reddit) that are being ignored because investors only want hardware/semiconductors. This creates a contrarian opportunity. Cramer explicitly says 'I think Door Dash is a buy.'
Long Flex, potential 50% upside.
Flex (Flex Ltd.) is a perfect example of a stock that could still go up another 50% without a problem. Cramer says the company is 'so good' and he won't fight the caller who has a 100% return.
Long Toll Brothers, cash buyers hedge.
Toll Brothers is the homebuilder to buy because it has many cash buyers (over 20%) who do not need a mortgage, making it less sensitive to high mortgage rates. Cramer prefers it over PY.
