Name: Mad Money 06/03/26 | Audio Only
Uploaded: 2026-06-04T00:04:33+00:00
Duration: 2659 s

Speakers

Jim Cramer — Host, Mad Money

Summary

Jim Cramer warns that a wave of IPOs and secondary offerings from major tech and AI companies could drain liquidity and pressure stocks, especially Nvidia. He remains bullish on Eli Lilly citing strong pipeline and catalysts, and highlights opportunities in Prologis, Applied Aerospace, and several value plays. The episode also includes lightning round stock calls and an interview with Prologis CEO Dan Letter.

Cramer discusses how IPO/secondary supply (Alphabet, Anthropic, SpaceX, etc.) may overwhelm demand and weigh on the market.
Nvidia is seen as a primary source of funds for these deals, creating near-term headwinds despite a strong long-term AI thesis.
Eli Lilly is heavily promoted with bullish updates on retatrutide, gene therapy, vaccine acquisitions, and CVS coverage.
Applied Aerospace Defense IPO is analyzed as a potentially attractive but slightly overvalued long-term play.
Prologis CEO Dan Letter highlights data center conversions and strong leasing demand, supporting a positive view on PLD.
Lightning round includes bullish calls on Becton Dickinson, Take-Two Interactive, and Santander, and avoids Boeing and Six Flags.
Cramer warns retail investors to avoid market orders in the SpaceX IPO to prevent being hurt by a likely opening pop.

Trade Ideas

Jim Cramer Host, Mad Money 5:18

Hold Nvidia through near-term weakness.

Nvidia will face near-term selling pressure as investors sell to fund IPOs and secondaries, but the long-term AI story remains intact. Cramer remains a believer and will continue to own the stock through the turbulence.

Jim Cramer Host, Mad Money 8:30

Six Flags too risky, avoid.

Six Flags is too dicey and risky; better to avoid and choose other REITs.

Jim Cramer Host, Mad Money 9:16

GTA6 catalyst makes TTWO attractive.

Take-Two Interactive's upcoming GTA6 is expected to be the biggest entertainment property of all time, making the stock a good buy on dips.

Jim Cramer Host, Mad Money 10:15

DoorDash too expensive, wait lower.

DoorDash is a great company with strong management but trades at 32x earnings; better to buy at $100–120.

Jim Cramer Host, Mad Money 10:50

Bullish on Lilly's pipeline and execution.

Eli Lilly has multiple bullish catalysts: superior new weight loss drug retatrutide (could be the biggest drug ever), promising gene therapy for cholesterol, vaccine acquisitions, and expanded insurance coverage via CVS deal. Strong execution and pipeline justify sticking with the stock for the long haul.

Jim Cramer Host, Mad Money 19:12

Good long-term aerospace defense play.

Applied Aerospace Defense is a contract manufacturer for aerospace/defense with strong backlog (1.75x revenue), decent EBITDA margins, but valuation slightly high. Cramer likes the story and gives blessing to buy at current price, though prefers a lower entry.

Jim Cramer Host, Mad Money 27:22

Avoid Boeing due to war risk.

Boeing trades with the war and is stuck in purgatory; avoid until the war ends or the stock goes lower.

Jim Cramer Host, Mad Money 28:25

Data center and logistics growth story.

Prologis benefits from data center buildout on its land bank, strong core logistics leasing, e-commerce tailwind, and a 3% yield. CEO confirms large opportunity and solid portfolio.

Jim Cramer Host, Mad Money 36:30

BDX at historically low valuation.

Becton Dickinson is at its lowest valuation relative to the market in history, making it a bargain. Buy now.

Jim Cramer Host, Mad Money 37:00

Buy Santander on pullback to $10.

Santander has had a big run but is paused; it is a good bank to buy on a pullback to $10.

Mad Money 06/03/26 | Audio Only

Summary

Trade Ideas

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