Name: Mad Money 07/22/26 | Audio Only
Uploaded: 2026-07-23T00:05:51+00:00
Duration: 2658 s

Speakers

Jim Cramer — Host, Mad Money

Bill McDermott — CEO, ServiceNow

Summary

Jim Cramer breaks down a confusing, whipsaw-filled earnings season, highlighting specific buying opportunities in AI cybersecurity (CrowdStrike), power infrastructure (GE Vernova), and a cheap auto pivot (General Motors). He also speaks with ServiceNow CEO Bill McDermott, who pushes back on bearish AI competition fears, and ends with a speculative long-shot idea in Keel Infrastructure. Lightning-round calls generate a series of avoid signals on solar, quantum, and design names.

Cramer describes the volatile, macro-driven trading environment with crosscurrents from oil, rates, and geopolitics.
CrowdStrike is pitched as a direct beneficiary of rogue AI agents needing cybersecurity solutions.
GE Vernova’s 9% post-earnings drop is called an overreaction and a major buying opportunity due to a massive turbine and electrification backlog.
General Motors is highlighted as a very cheap (6.2x earnings) non-tech diversifier after a strong quarter and raised guidance.
ServiceNow CEO Bill McDermott refutes AI competition fears, pointing to accelerating growth, AI control tower wins, and Jensen Wong’s endorsement.
Keel Infrastructure (KEL) is framed as a speculative data-center power play with asymmetric upside similar to early Nebius.
Lightning-round calls result in AVOID ratings for Figma, SolarEdge, and IonQ due to competition, rate headwinds, or high beta.
Cramer advises sitting on hands during earnings season and focusing on long-term ownership of good companies.

Ideas

Jim Cramer Host, Mad Money 2:06

AI rogue agents boost CrowdStrike demand.

AI agents going rogue creates a surge in demand for cybersecurity, and CrowdStrike has the product to stop rogue agents. The market has been ignoring this catalyst, presenting a buying opportunity.

Jim Cramer Host, Mad Money 3:32

FDA robotic surgery approval lifts JNJ.

Johnson & Johnson finally gets FDA green light for its Ottava robotic surgical system, validating JNJ as a technology play that the market had overlooked. Cramer has been pounding the table on the stock for days, and the approval is driving a sharp rally.

Jim Cramer Host, Mad Money 10:49

Vernova dip is a data center buy.

GE Vernova's earnings miss was solely due to weak wind power, but the core gas turbine and electrification businesses show massive backlog ($176B), rising orders, and pricing power driven by data center demand. The company raised full-year revenue/gigawatt guidance and free cash flow outlook dramatically. The 9% sell-off is an overreaction and a great buying opportunity.

Jim Cramer Host, Mad Money 23:39

GM is a cheap non-tech diversifier.

General Motors offers a cheap way to diversify away from tech. The stock trades at just 6.2x earnings after a blowout quarter with margin expansion, record pickup/SUV share, disciplined pricing, and raised guidance. Even a modest re-rating to 8x earnings could send the stock from ~$82 to $119. Supported by strong North American operations and potential oil-price relief if Middle East tensions ease.

Bill McDermott CEO, ServiceNow 28:17

ServiceNow AI control tower drives growth.

ServiceNow is the fastest-growing major enterprise software and cybersecurity company. The AI control tower is driving adoption, contracts are not shortening (98% renewal rate, longer terms), and the bear thesis of AI competition reducing pricing power is factually incorrect. Jensen Wong has called ServiceNow the operating system for enterprise AI agents. The company beat Q2 and raised full-year guidance, and sees a path to $32B+ revenue by 2030.

Jim Cramer Host, Mad Money 36:28

Competitive market makes Figma unappealing.

Figma operates in a very competitive market. The stock has had its moment but the environment is too tough. Avoid the name.

Jim Cramer Host, Mad Money 36:54

Higher rates crush solar stock prospects.

Solar stocks are struggling in the current environment of higher interest rates, which makes financing and project economics difficult. There is no reason to be in them right now.

Jim Cramer Host, Mad Money 37:33

Rising rates hurt high-beta IONQ.

IonQ has a high beta and trades on quantum/AI hype, but rising interest rates make such speculative, high-multiple stocks very tough to own. Steer clear.

Jim Cramer Host, Mad Money 38:06

Regional bank strength and consolidation play.

Regional banks are performing well and could see consolidation. INDB is a buy right now after a strong Q2, and the broader regional group has been a fantastic place to be. The market's positive reaction to similar names (e.g., Key) indicates the trade is working.

Jim Cramer Host, Mad Money 38:41

Power supply shortage makes CEG attractive.

Power generation stocks like Constellation Energy have pulled back significantly, but power is in short supply and the situation is attractive at these lower levels. Worth keeping on the radar for an entry.

Jim Cramer Host, Mad Money 42:04

Speculative hyperscaler power win potential.

Keel Infrastructure is a speculative data center power play with 650 MW of approved power that could secure a hyperscaler customer, similar to how Nebius became a huge winner. The stock is around $4 with a broker target of $8, and a top hedge fund owns 20M shares. It carries high risk (negative free cash flow, debt, crypto exposure) but offers asymmetric reward as a small portfolio speculation.

Mad Money 07/22/26 | Audio Only

Summary

Ideas

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