Ideas
Own software spenders benefiting from AI savings.
Cramer argued that the flip side of AI disruption is that companies with large software and technology budgets are winners because they can use AI to cut costs and operate better. He named Procter & Gamble, FedEx, and Union Pacific as examples of heavy technology spenders that are winning right now, even if their earnings are not especially strong.
Enterprise software threatened by AI; avoid.
Cramer argued the market is actively punishing enterprise software because AI threatens to replace or undercut per-seat software models. He said the Anthropic legal-automation story broke the camel's back, that good earnings from Salesforce, ServiceNow, Adobe and others have not helped because multiples are compressing without estimate cuts, and that many software names lack dividends or buybacks. He said not to jump in front of the freight train and highlighted IGV as the explicit software short/avoid vehicle.
Buy CrowdStrike; cybersecurity immune to AI.
Cramer said he bought CrowdStrike for the travel trust because it is a cybersecurity company, not ordinary enterprise software. He argued AI cannot replace the work of identifying and stopping bad actors, so CrowdStrike's selloff as part of the IGV/software cohort is an overdone, misclassification-driven buying opportunity.
Wells Fargo cost savings via AWS hire.
Cramer pointed to Wells Fargo as a winner among companies using large technology budgets to cut costs. He noted Wells Fargo hired a technologist from Amazon Web Services to help bankers find hidden savings.
Software IPO window closed, avoid private equity.
Cramer said private equity stocks were hammered because many own enterprise software companies that had hoped to come public, but the AI-driven software selloff has effectively closed that IPO window. He said there are already too many such companies and investors do not want more of them.
Wait for Broadcom pullback, then buy.
Cramer called Broadcom a great company and a winner in this environment, but said now is not a good time to get in. He wants to let the stock come down, hopes Hock Tan does a buyback, and expects patience to be rewarded.
Dassault wins from Nvidia digital-twin partnership.
Daloz said Dassault Systèmes' partnership with Nvidia integrates Nvidia's platforms into its design and simulation suite, letting customers design, simulate, validate, and operate products and factories virtually. He argued this can accelerate aerospace, auto, and industrial design; improve certification and compliance; cut drug development costs by up to 50% through synthetic control arms; and make factory construction and ramp-up faster and cheaper.
Nvidia leads physical AI infrastructure buildout.
Jensen said Nvidia is central to the next computing platform transition from general-purpose to accelerated and AI computing. He described physical AI as the next frontier, with Nvidia CUDA-X, AI, and Omniverse integrated into Dassault Systèmes' tools for digital twins, industrial design, simulation, factories, robots, and drug development. He also said the OpenAI relationship has no drama, Nvidia will invest in OpenAI's next round, and the first $100 billion deal is on, reinforcing demand for compute.
Chipotle turnaround makes stock attractive.
Cramer said Wall Street is wrong to sell Chipotle after a mixed forecast because the quarter was better than feared, margins were terrific, management is buying back stock aggressively, and CEO Scott Boatwright's turnaround plan is gaining traction through protein menu innovation, four new protein LTOs, chicken al pastor's return, rewards and digital upgrades, and a lower-income consumer rebound.
Merck pipeline drives long-term growth.
Cramer called Merck one of his favorite pharmaceutical stocks and viewed the quarter as solid despite a headline guidance miss caused by one-time acquisition costs. He pointed to a transformation underway, a deep pipeline with over $70 billion of commercial opportunity, 80 phase 3 studies, oral PCSK9 enlicitide, Winrevair expansion, a long-acting flu antiviral, and the most-favored-nation overhang now behind the company.
Sell Gladstone Land on low visibility.
Cramer said he does not understand Gladstone Land's farmland portfolio, saying he does not know where or when the land is, and told the caller to sell and take profits.
Honeywell spin-off is fantastic stock.
Cramer said Solstice Advanced, a Honeywell spin-off, is terrific and a fantastic stock. He said he owns some and regrets having sold too early.
This CNBC video, published February 04, 2026,
features Jim Cramer, Pascal Daloz, Jensen Huang
discussing PG, FDX, UNP, IGV, CRWD, WFC, PSP, AVGO, DASTY, NVDA, CMG, MRK, LAND, SOLS.
12 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Jim Cramer,
Pascal Daloz,
Jensen Huang
· Tickers:
PG,
FDX,
UNP,
IGV,
CRWD,
WFC,
PSP,
AVGO,
DASTY,
NVDA,
CMG,
MRK,
LAND,
SOLS
