Ideas
Storage demand strong; trim into momentum
AI has caused an explosion of data that the storage industry was not ready for, creating voracious demand and rising prices for memory/storage; Western Digital, SanDisk, Seagate, and Micron are surging on momentum buying and short covering. However, Cramer warns this emotional buying can become irrational, capital equipment makers eventually catch up and cause overproduction, and these trends have historically lasted as long as ten trading days before a sharp correction, so he advises ringing the register on part of a big position rather than chasing.
Memory-equipment shortage drives semicap demand
A shortage of machines that make memory chips is driving semiconductor capital equipment makers like Lam Research, Applied Materials, and KLA as they run flat out producing equipment; the demand is so voracious that storage makers cannot get enough, supporting the group until capacity catches up. Cramer notes capital equipment makers always eventually catch up and can create overproduction.
Bank valuations still have room
Banks are picking up where they left off after 2025, helped by loosening regulation and a rise in M&A and equity issuance; financials were punished for nearly two decades, with valuations compressed after the financial crisis, but they are now seeing P/E multiples expand and still have room to grow before becoming fully valued.
Nike rebound backed by insider buys
Nike was crushed by poor performance of previous CEOs, but this year's strength reflects a real rebound; three insider buyers—the CEO, a board member and former Intel CEO, and Apple CEO Tim Cook—signal the business is turning, and insiders buy only when they expect the stock to go higher because they cannot flip quickly.
Starbucks turnaround accelerating under Niccol
Cramer thinks this is the year Starbucks comes back; the chain was more broken than anyone realized with poorly performing stores and execution issues, but under CEO Brian Niccol stores are being closed, execution problems and throughput are being fixed, and everything is changing for the better.
Beaten-down non-AI industrials rebounding
Underperforming industrial stocks that are not part of the data center business, such as Honeywell and Dover, were beaten down in 2025 because they lacked AI-related momentum, making them uninvestable; Cramer now sees rebounds, with Honeywell undergoing a breakup, and he is approaching a positive attitude on them for the charitable trust.
Amazon catching up after mistaken identity
Amazon is a mistaken-identity stock that never should have underperformed; its stock rose barely more than 5% a year while the S&P gained 16% and Nasdaq 20%, even though AWS was accelerating, retail was amazingly strong, and advertising was exceptional. Cramer found nothing wrong with the business, and the stock is now playing catch-up because the market misidentified it as a loser.
Enterprise Products preferred over Cheniere
Cramer prefers higher-yielding midstream names and says Enterprise Products Partners is better than Cheniere Energy, offering more growth and a better yield; he is not a fan of Cheniere here.
Enterprise Products preferred over Cheniere
Cramer prefers higher-yielding midstream names and says Enterprise Products Partners is better than Cheniere Energy, offering more growth and a better yield; he is not a fan of Cheniere here.
Sweetgreen lacks profits; downside risk
Sweetgreen has decent revenue growth but cannot turn it into profit; if it does not start making money, Cramer thinks the stock will go even lower.
Texas Roadhouse could hit $200
Cramer likes Texas Roadhouse, which has been coming back big; if cattle costs break, the stock could go to $200 from about $177, and he likes it much more than Sweetgreen.
This CNBC video, published January 06, 2026,
features Jim Cramer
discussing WDC, SNDK, STX, MU, LRCX, AMAT, KLAC, KBE, GS, COF, C, NKE, SBUX, HON, DOV, AMZN, EPD, CHENIERE, SG, TXRH.
11 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Jim Cramer
· Tickers:
WDC,
SNDK,
STX,
MU,
LRCX,
AMAT,
KLAC,
KBE,
GS,
COF,
C,
NKE,
SBUX,
HON,
DOV,
AMZN,
EPD,
CHENIERE,
SG,
TXRH
