$FDXF FedEx Freight Holding Tape Reports

Per Ticker.id: $FDXF FedEx Freight Holding Tape Reports — timestamped podcast mentions, volume, and share of voice. Latest 2026-07-16 23:13 UTC.

1. But I mean, on some of them, Phillips 66, Carvana, FedEx Freight, Marvell, even Palantir. Do any of them share common characteristics?

   Carl Quintanilla — Squawk on the Street · 10AM Hour: Nvidia’s $500B Deal with Wall Street, GXO Logistics CEO, The Next Test for the AI Trade 8/11/26 · 2026-08-11

2. My mission is simple: to make you money. I'm here to level the playing field for all investors. There's always a bull market somewhere, and I promise to help you find it. Mad Money starts now. Hey, I'm Kramer. Welcome to Mad Money. Welcome to Kraymerica. Other people make friends, I'm just trying to make a little bit of money here. My job is not just to entertain but to teach you. So call me at 1-800-743-CNBC. Tweet me @JimCramer. Holy cow, people, I am not anti-tech. I am not a Luddite. I like data centers so much I wish I lived in one. And I did sleep next to a nuclear power plant during the rather ignominious time I lived out of my car. No police officer has ever roused someone sleeping in a 1978 Ford Fairmont in the parking lot next to some long-shuttered Sacramento facility. Yet on a day like today where the Dow gained 385 points, S&P climbed 0.89%, but the Nasdaq jumped 1.29%. People are talking about me like I'm running around here with my hair on fire trying to get you out the biggest winners of all time, the memory stocks, the DRAMs, and the glorious high-bandwidth plays like Micron and SK Hygienics. That's my nickname for SK Hynix because this monster from Korea that now trades here has hijacked our trading. And often determines how our chip stocks are going to end up. Yes, the addition of that stock in the NASDAQ 100, which should happen soon, plus the inclusion of SpaceX, has added a ton of volatility, something I don't think you truly appreciate. Oh, and I wish I had some hair to catch on fire, but that's old news. Some of you have complained to me that I've kept you out of SanDisk, which is up 570% year to date, Micron up 240%, Seagate up 224%, Dell up 20 up 221% and Western Digital up 218%. I don't know how that's possible. I've liked Micron for ages. And if you ask Michael Dell, who's the most positive person in the media toward his amazing company, I bet he'd say Jim Cramer. So I'm not anti-tech, but I do like diversification. We've had some sickening days of late where all these stocks that I just mentioned got clobbered. I started this show in 2005, determined to keep people in the market and not get blown out. Many of you forget that a whole generation of investors was wiped out by betting on the internet. Another whole cohort was destroyed, just destroyed by the Great Recession because they owned too many stocks that were connected to finance. They just didn't know it. These two events are the reasons why we all default to index funds going for average, because average was per se diversified. Now I run an investing club and I wrote a book called How to Make Money in Any Market. Both stand for picking some individual stocks, but only after you build up a comfortable position in S&P 500 index fund. Most of the so-called smartest investors have spent no time studying what happens to your portfolio if you buy an index fund and marry it with some of the greatest stocks of all time. They hate it when you buy individual stocks. They want your money so that they can pick them for you. I hate their disdain for your stock picking abilities. It is condescending, it is petty, and it is arrogant. But I do want you to know all the risks, including concentration risk, which is one of my biggest worries when it comes to this group. In the end, I like tech, but I like it in a lot of different places. If you think Johnson Johnson is about Band-Aids, you don't know the company. They sold that business. J&J is a company with a AAA balance a company that invents new life-saving drugs practically every month. Later in the show, you're going to hear from 3M's Bill Brown. His company, which used to be a tremendous innovator, is now back like the old 3M with scores of new products in all sorts of industries, including data centers. It could have a multi-year move using its industrial scientific savvy. Hey, how about CVS, the only real drugstore left in this country that also provides health insurance through Aetna? Win two different ways. Or if you consider the tech that goes into running a bank like Goldman Sachs or Wells Fargo or BNY and how you're buying these stocks at valuations that are radically lower than almost all of tech. Robin Vince, CEO and chairman of BMY, I just introduced you last week. He just joined this evening the board of OpenAI and OpenAI Foundation. Bank tech meets AI tech. Happy? It just doesn't make sense to me why you can't diversify into these other stocks and sectors and make money. Something we've done with my charitable trust where we've given out almost $5 million in gains by being diversified through thick and thin for more than two decades. I don't want you getting blown out because you own nothing but semis and the group has a bad day. I fear you will take your licks and move on to another form of investing like cash, especially those who are on margin. I certainly don't rebel at owning tech. Hey, my travel trust's largest positions are Apple and Nvidia, for heaven's sake. Sure, these haven't kept up with SanDisk or Western Digital lately, but they are unique, excellent companies that are making fortunes. Apple stock has advanced. Nvidia stock Stuck for the moment. Some of that's because it doesn't sell enough in China. I think it's because Nvidia's clients are so anxious to both praise it and work against it. And the media loves to report it whenever a customer tries to design their own chips away from Nvidia. But it's really cheap. And arguably Nvidia, I think it's the best-run company in the world. Like I always say, you should own Apple and Nvidia, not trade them. I think Apple's brand will allow it to pass the higher cost of memory on to telco carriers while they also get the benefit of Alpha. Alphabet's AI spending. NVIDIA, my position on this one's become controversial. I wanted NVIDIA to be the chip of choice for China so that the Chinese would write on our tech. That was a controversial position. It wouldn't be used by the Chinese military because they don't want to be dependent on American chipmaker anyway. But once NVIDIA started to run against a brick wall in China, I didn't want more American companies to give away trade secrets to the Chinese in order to be able to get cheaper AI. Hey, why don't you go look at the case Micron brought in 2017 against a Chinese entity that stole so much Micron intellectual property. The case became a criminal investigation by the Justice Department, one that the Chinese company pled guilty to. I'm not making this stuff up. I respect NVIDIA so much and want to listen, reason, but not if national security is at stake by allowing China to have secret access to so much data from so many of our different companies. I don't think that's smart. So here's my advice. If you want to go own a memory chip maker, I like Micron. If you want GPUs, to me that's AMD or NVIDIA. If you want CPUs, that's Intel. Rack called Dell Optics, make it Corning. We always forget that when you get a big pop in semis, that's a good time to reposition. But I need you to recognize that as much as I like Micron or NVIDIA or Apple, consider how you're doing in software, say, right? Not that well. Also consider if you bought Micron at $1,200 at its high, now it's at $970. How about Western Digital, $799 to $548? When you look at it like that, these stocks are down so much that if you bought them on borrowed money, well, you're not watching the show, you're gone. I don't know what you're looking at. I don't know, maybe the— I don't know what you're looking at. That's up to you. Okay. So be aware that as someone who has worked in margin— that's right, worked in margin at Goldman Sachs. Do you know I've taken someone's keys after a big blowout in technology? Send me what you have. They give me the keys. As a hedge fund manager, I moved into a tech brokerage house office after it was cleaned out because it couldn't meet its margin requirements. I've seen so many people never ever come back here because of 330 dot-coms that got blown out in 2000. So, I mean, what do you think? I know where— my ankle. I just had— here, I'm trying to get better. I got a big wedding this weekend with my son, my stepson. Just trying to do a good job. You know, what can you do? Anyway, the bottom line, every one of the people who were in these margin situations, do you know that they're rich and brilliant before they became poor and stupid? That's where I'm coming from. And not only do I not apologize for my stance, I know I'll lose you as a viewer and a club member sometime in the next year. If I don't make you take the need for diversification more seriously. Oh, that's the right one. Randy, Randy in Michigan. Randy, hey, thanks, Jim, for all you do. I really— I religiously follow your strategy for one speculative stock in my portfolio. I purchased a stock for $34 after the IPO in April and attended the, uh, earnings call in May, and the stock I'm calling about is AVIX. Yeah, defense technology. Um, people have turned against defense because they think the budget is going to be a real problem for them. I'm not going to disagree that I've been looking at all these defense stocks. They're not— they don't seem to be coming back as long as we're spending so much money in Iran, or at least trying to take out Iran. That's what the plan is. Let's go to Timothy in North Carolina. Timothy. Why is it that FedEx, with them immigrating Express to the ground, how do you see their growth potential the next 5 years coming together? I've been flummoxed by FedEx. It's been— it was down 6 yesterday. It's up 9 today. I think that Raj Subramanian is killing it. I think that you want to own FedEx into the holiday season. FedEx Freight, I think, is the spinoff. I think it's terrific. I kept them both for the travel trust. I usually get rid of one. I did not do that. I think FedEx Freight has a great advantage. They're going to be able to take out costs and be much more focused. So there you are. Tech? I don't know. I don't know. Tech? I don't know. All right, anyway, diversification is always important, but I'm pounding the table on it right now especially. I can't believe I have to defend myself for diversification after all we've been through. On Mad Money tonight, Kimberly-Clark's buying Kenbuse. So how does this position the CPG company for more success? I'm taking I'll look at the steady Eddie dividend payer and give you my take. You probably hate it because it's steady and pays a dividend. Anyway, the credit card companies have been holding up well lately, but what does that hold for the future? I'm going to go off the charts. And 3M just reported a fabulous quarter that sent the stock up nicely. I'm sitting down with the company's bankable CEO to find out more about the quarter and the path going forward. So I want you to stay with the Diversified Kramer. Miss a second of Mad Money. Follow @JimCramer on X. Have a question? Tweet Cramer, hashtag Mad Mentions. Send Jim an email to madmoney@cnbc.com or give us a call at 1-800-743-CNBC.

   Jim Cramer — Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 7/21/26 · 2026-07-21

3. My mission is simple: to make you money. I'm here to level the playing field for all investors. There's always a bull market somewhere, and I promise to help you find it. Mad Money starts now. Hey, I'm Kramer. Welcome to Mad Money. Welcome to Kramerica. Other people make friends. I'm just trying to make a little money. My job is not just to entertain, but to educate. So call me at 1-800-743-CNBC, tweet me @JimCramer. You come into work and you learn the Chinese are targeting all the frontier AI models, the Anthropic, the OpenAI, and you wonder if they can get their IPOs off. Maybe not, because the Chinese also have cheap memory, which we think they do, or maybe they don't. But if we can get some hands on it, it'd be great. But if American companies truly avail themselves of the Chinese tech, won't they be targeted by China's open source models? And what does that mean for the price of tokens, Jevons paradox, and national security? Did you understand any of that? I don't. I can't figure out how this will ultimately impact Intel or Nvidia, two of my charitable trust core holdings. Could it delay an OpenAI IPO, impact their deal with Oracle, or keep propelling AMD? Every day with the Dow shed 307 points, S&P declined 0.19%, Nasdaq dipped 0.05% after what was, by the way, a very strong opening. All this hand-wringing over AI competition from China makes me want to turn my back on tech and just find high-quality companies like Goldman Sachs and Wells Fargo, or dig my teeth into FedEx and FedEx Freight, or maybe scoop up some Honeywell Aerospace and Boeing. You know why? See, because if you own too much tech, you're gonna be slaughtered. Slaughtered. And you won't even know what hit you. Okay, not today. And we've been hit pretty hard here, as you will find out if you stick around. But I don't want to be some journo who only piles on when things are down. We might have some momentum here, but if you own these kinds of non-tech stocks that I like and they do go down, you know what you can do? You can confidently buy more of them because Goldman Sachs or FedEx are comprehensible and they're not subject to rumors or Chinese ripoffs. In so many ways, that's what's wrong with this market. I mean, right now, for example, if SK Hynix, the high-bandwidth memory maker from Korea, or SpaceX, the Musk satellite company, or Oracle with its flagging bonds and stock really break down, then believe me, they're going to take everything with them, including many tech stocks that do not deserve to be hammered. Now, I've told you how my travel trust is diversified away from tech with new money, with the exception of Intel. More on that in a second. For the club, I've been content to own industrials, not necessarily data center industrials, as well as healthcare, because we don't want to be the next SK Hynix, the stock of a tremendous semiconductor company that's been hijacked by desperate traders who really should be— really should be stick with betting on the World Cup. The bulls remember the early 2025 Deepseek affair where stocks were crushed because of the introduction of a Chinese AI program, then bounced right back. Now the bulls are arguing this new AI threat, KIMI K3, brought to you by the Chinese company Moonshot AI, is similar to the Deepseek affair where everything else is brought down. But if you bought tech, especially data center tech, you're going to make fortunes, just like when Deepseek turned out to be second rate. I'm not so sure that we should swoop in and buy this time because the stocks that could be rocked are stocks that even after the decline are still incredibly high. Like a Micron, like an SK Hynix. They're ridiculously cheap on an earnings basis, but they're high. We will examine some of the most hard-hit stocks later in the show. You can make up your mind. I'm thinking some will come down so much there is some real opportunity here, and I'm not blind to it. That said, let me tell you what we're doing. First, we are not touching the trust's longstanding Apple position. The sharp knives are indeed out for the Apple, uh, let's say, management from the tech intelligentsia. The intelligentsia say that Apple missed the most important story of our lives, artificial intelligence. They lambaste Siri. They regard the lost opportunity as critical to Apple's failure for the next generation. Yet you know what? These same people are posting from their iPhone 17 Pro Max. You know what? They'd rather slit— they would rather slit their wrists than switch to Samsung. They remind me of when I sat next to Steve Ballmer at my 35th college reunion when he was still CEO of Microsoft and he pulled out some sort of gizmo that made me giggle. It was a Windows Mobile. Does anyone else remember that? I doubt it. So in its core business, Apple's bulletproof and they never spent much money on AI in the first place. I want you to think about this as you look at Apple down $7 today. Did anyone switch to Samsung during this travesty of an AI issue? Did anyone say, "That's it, I'm sick of it. I'm sick of the 17 Pro Max." Get me a Lenovo. Perhaps the cognoscenti wishes that Apple would spend $200 billion, maybe 70% on the data center structure and power, maybe give the rest to Google TPUs, maybe buy some expensive NVIDIA GPUs. As someone who owns Apple through my charitable trust, I actually like that they let Alphabet spend those billions of dollars on AI and then they've had Apple pay them a nominal sum So it was in the iPhone. The pros have a term for this Apple-Alphabet deal. You know what it's called? A great deal. Oh, I also want Nvidia. I know people think I've been unkind to Nvidia of late. They say I've been critical that they're not buying back more than $80 billion worth of stock, given that the shares are insanely cheap on next year's earnings estimates. Do you know this is actually more of a love tap, people? Throughout this period, there have been companies that claim that they think the world of Nvidia, but they want to make their own chips. You know what I say? Go ahead, make NVIDIA's day. But if the customer wants NVIDIA, what do you do? What do you say to them? No, no, you see, like, we don't have NVIDIA. You know, we've got the deli worst. I mean, they go somewhere else. NVIDIA is at the heart of the data center, practically invented the data center. It has no Chinese competitor for real. The fact is, these machines— and they are machines, by the way, packed with hardware and software— they're the envy of the world. In deference to Lisa Su, AMD comes close, but there really is nothing like NVIDIA. And that matters. Yes. And we want Intel, which reports this week. Intel is a triple play— CPUs that you need for the new agents, the foundries to manufacture chips, and the packaging of chips with their high margins. Something CEO Lip-Bu Tan knows better than anyone. Why? Because he saved Cadence, the best at packaging, and then he gave you a 50-bagger while he was at it. His foundries are going to be the best hope we have for an American semiconductor renaissance. Intel is a national treasure. I hope the stock sells off on Thursday. Please, please sell off. Please sell off. You know why? So we can get a bigger position. Understand, again, I think the world of AMD, but I can't own both Intel and AMD. Too much overlap. We think ARM can be terrific, but it needs foundry space. We own Broadcom. Why? Because CEO Hock Tan hates to lose. He's a competitor. Hey, by the way, though, same goes for Matt Murphy at Marvell Tech. But again, the concentration is too much for me because these stocks at the very moment mistakenly trade with the Korean stock market overnight, and then they get beaten down by the American press in the morning, which loves to praise the Chinese competition. Oh my, the American press loves China so much. They're so smart. They're so smart. We're so stupid. We're so stupid. Clowns to the left of me at Caltech, jokers to the right of Stanford, stuck in the middle with MIT. In the end, today was a day to buy FedEx. It was day to pick up some Honeywell Aerospace. Hey, how about buying some GE? It was down a ridiculous amount even after it got the biggest order for its one ever, 1,000 LEAP engines to power the Airbus A320neo, part of a joint venture. That wasn't enough? I was shocked that the stock wasn't up on that news. Instead, it fell nearly $8. Kind of a crazy market. But to buy more tech, only if we get a washout sell-off first, where all the margin mongers and the option ogres, they just get blown out both here and in Korea, where the Nasdaq, of course, truly had to make a buck bringing them over. I should add, we have plenty of hyperscaler stocks for the, the travel shows, but we don't talk about it much unless it's the monthly meeting. When we get that speculative washout sell-off, it'll be all over tech and the values will be self-evident to anyone who still has cash. But the bottom line, for the moment, it's time to go to other sectors. They can make you money without the volatility. You know what it makes me think of? Pharaoh's Fury. The last time I threw up at a theme park, but I missed my daughter. I mean, I didn't hit her. Bill in Indiana. Bill!

   Jim Cramer — Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 7/20/26 · 2026-07-20

4. Wow. I mean, I felt terrible about that and I was wrong about it and I talked about it at the club. I mean, Mr. Christian, I think, is fantastic. I thought that they had a nice software stack. I knew that they have all the banks. That's such a great business. Everybody knows that. That they can't really be hacked. That was really jarring. And it said to me, okay, no one's safe. So let's go buy some Union Pacific. And that's where I know we're going to talk— I mean, Microsoft, I've been trying very hard to get around, like Microsoft Xbox, okay? It's making a come— it's going to make a comeback. It's going to do a lot of things right. I do think that Microsoft— I mean, maybe Copilot is not as hated as I saw. Thought. I mean, I'm watching, you know, I'm watching, I'm watching Spain and suddenly there's Copilot. And I said, well, geez, at least they don't have to write Microsoft. Somebody knows what Copilot is. Yes, it's up there with Coca-Cola and Visa. But I, I, I really prefer FedEx Freight. Yeah.

   Jim Cramer — Squawk on the Street · 9am Hour: Big Earnings Week, Tech Looks to Rebound, Gas Prices $4/Gallon on U.S.-Iran Tensions 7/20/26 · 2026-07-20

5. For years, we were stuck in a seemingly endless freight recession and the trucking stocks were dead money. No one ever talked about them. But over the past year or so, the group's caught fire again because suddenly business is booming. Take J.B. Hunt, one of the top trucking players, with a stock that's up nearly 54% year to date, 97% over the past 12 months, including a monster 8% gain today in response to a terrific quarter. And to think it doesn't even sell a disk drive. When J.B. Hunt reported last night, the numbers were phenomenal. They reported big revenue beat, 19% growth. Earnings came in about $1.91 per share. Wall Street was only looking for $1.74. That's 45% growth year over year for trucker. Operating expenses consumed a smaller percentage of revenue. The operating ratio, key number, improving to 92.6% from 93.3% a year ago. Hence the surge in profitability. The two major subsections of the business, intermodal and dedicated contract services, both beat revenue expectations handily. Specifically, J.B. Hunt moved more than 578,000 intermodal loads this quarter. Trucks on trains— when analysts were expecting 537,000 loads, setting a quarterly record. Volumes were up double digits for the first time in over a decade. And this is something that improved over the course of the quarter. June was much stronger than April and May. That's called the cadence. And the cadence was fabulous. When I covered J.B. Hunt 2 quarters ago, I told you they reported terrific numbers, but it seemed more about good management than a broader recovery in the freight market. This time, though, CEO Shelley Simpson made it very clear that freight's booming. On the conference call, she explained that the supply of trucks has shrunk, something you'd expect after a 4-year freight recession, while the demand for those trucks has been gradually improving. 6 months ago, she said the, quote, freight market feels fragile, end quote. She's not hitting us with those caveats anymore. Hardly. Granted, J.B. Hunt isn't saying that freight demand has exploded yet. It's improved modestly. The real positive is that there just aren't enough trucks on the road these days, given companies like this one a lot more pricing power. Here's how Simpson put it in the conference call. Very eloquent. Quote, we didn't spend the last 4 years waiting for the cycle to turn. We spent the last 4 years preparing for it. End quote. I like that. That's a great line. JP may use that. J.B. Hunt spent the freight recession cutting costs, improving services, investing in technology, and taking market share. Now that demand is coming back and these investments are finally starting to pay off, it's like a coiled spring. In a normal freight cycle, rates rise, carriers make more money, and then new trucks and drivers quickly flood the market. That new supply eventually kills the cycle. This time, though, the barriers to putting capacity back into the system may be higher. Insurance is much more expensive. Equipment is more expensive. Driver recruitment is harder because who wants to learn how to drive a truck when everyone's saying autonomous driving is the future? Regulators are more focused on fraud, safety, and who's behind the wheel. That could make this freight upcycle much more durable, much more lasting than the last one. At the Wells Fargo conference last month, J.B. Hunt said customers' routing guides are beginning to fall apart. Now, this was critical to me. See, historically, a shipper might reopen bidding on a couple of lanes or a few hundred loads. Now management's seeing what used to be called mini bids turn into rebids of entire networks, sometimes involving tens of thousands of loads. That means truckers are rejecting more freight. Customers are scrambling for capacity and this industry suddenly has something it hasn't had in ages— pricing power. I can't recall a better time to be in this business in this environment. Jamie Hunt's in a terrific position. But now, to be clear, I also like FedEx Freight. Now, that is a new company recently spun off from FedEx. CNBC Investing Club members heard about that story in today's conference call, and it's a terrific one. Of course, Jamie Hunt's quarter wasn't perfect. Their truckload business posted weaker than expected operating income. The independent contractor market remains difficult, forcing J.B. Hunt to rely more heavily on third-party capacity at current spot rates. Management said pricing implemented just a few months ago is already insufficient for today's cost environment. To say basically the trucking market's in great shape, but that also means this company needs to pay more when they outsource to independent truckers. Meanwhile, their final mile business saw an actual decline. And sales down 6%, operating income tumbling 30%. Final mile is the part of the trucking food chain where they deliver stuff to your door. But a lot of the weakness here is simply because J.B. Hunt deliberately walked away from lower quality business. And besides, this small piece of the pie. All told, though, this was a terrific quarter, which is why the stock justifiably soared. But after this move, okay, J.B. Hunt's starting to look a little expensive here, trading at 38 times earnings. I thought it was expensive at 27 times earlier this year. And while I bet the numbers will continue to improve 38 times earnings makes it a little harder to justify. The numbers go up. It won't be, though. Simpson told a terrific story in the conference call, but a lot of what she said will happen already. I don't know. Let's say it's been— it's in the stock. But this was still the quarter the bulls were waiting for, the beginning of the cycle. It's good news for more than just J.B. Hunt. It gives us real reasons to feel much better about the entire freight market. The turn may be driven more by a shrinking supply than exploding demand. A turn is a turn. JB Hunt is a market leader. It has scale, technology, multiple transportation modes, excess intermodal capacity, and an investment-grade balance sheet. It can gain share while smaller competitors simply try to survive. And those guys have been waiting for the moment to come roaring back. And the little guys won't be in. Here's the bottom line. 6 months ago, JB Hunt told us the freight market was fragile and that it was not holding its breath for recovery. Now, though, so much trucking capacity has left the system just as demand is finally starting to bounce back. That's how J.B. Hunt was able to report a much better than expected quarter. It is why I'm feeling more bullish on the entire group. That said, I don't know, don't want to necessarily chase the stock at these levels. You're already paying for continued recovery. But this story is fantastic. J.B. Hunt spent the downturn cutting costs, improving service, improving us, reducing debt, funding capacity, and taking share. If the freight cycle is genuinely turning, and I think it is, These are the guys who should benefit first and benefit the most, with the possible exception of the charitable holding of— shareholders holding of FedEx Freight, because there is so much improvement ahead for them and with self-help. In other words, what am I doing here? I'm trying to tell you about other companies other than disk drives, other than companies that make things for the data center. There's a whole world out there that you need to know. Unleveraged stocks with, with people who own the stocks and hold them long term and aren't just trying to make quick buck. And that's what J.B. Hunt is. Let's take a call from Kevin in California, please. Kevin.

   Jim Cramer — Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 7/16/26 · 2026-07-16

6. All right, this Chris Callio, who runs it, the CEO, he's on Herald. It's terrific. You know, you've got defense, but you have commercial. I like the mix. I think the company's doing terrifically. Greg Hayes left it in great shape. You want to more— more— look, RTX down here. No, it was, it was in what, in the 170s recently? I would wait till it gets back to the 170s, but that That's a very strong story. Now, if the freight cycle really is turning around, I think J.B. Hunt could be the one— let's say one along with FedEx Freight— that's really going to benefit. I like them both. Watch where I'm at on it. We had our Investing Club meeting today, as I have referenced, but I'm not done doling out my market wisdom. See, I got a few more questions that we didn't get to from the club. Jeff Marks and I like to get to everybody. I always say, by the way, that panic isn't a strategy. So why are Why are the chip investors not listening? I'm taking another look at the Bleeker cohort and telling you what I think is really going on. You don't want to miss that. And all your calls rapid fire tonight's edition of the Lightning Round. So stay with—

   Jim Cramer — Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 7/16/26 · 2026-07-16

7. Well, I think when I go over that quarter, there has been— I used to get mad at JBH, you know, of course, a lot Boothfield at number 1. I went over that quarter pretty closely this morning. I just get mad at JB, it's because they said, listen, we're still in a freight recession, freight recession, freight recession. Well, finally, that there are not enough drivers there, things are tight. And JB, JB Hunt gave you a fantastic conference call. Nothing downbeat, really terrific. We've been buying FedEx Freight because that's the combination of a company that is not nearly as well organized as JB Hunt, but tremendous a tremendous lot of business, and I think that's going to be great. People don't like it because they got it as an afterthought for FedEx and just throwing it away. Keep that one in mind. If it's good for J.B. Hunt, it could be great for FedEx Freight.

   Jim Cramer — Squawk on the Street · 9am Hour: Taiwan Semi and AI Trade Pain, UnitedHealth Surges, SpaceX Falls Below IPO Price 7/16/26 · 2026-07-16

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Spend less time searching and more time interviewing candidates who check all your boxes with Indeed Sponsored Jobs. Less stress, less time, more results. Listeners of this show will get a $75 sponsored job credit at indeed.com/podcast. Terms and conditions apply. Need to hire? This is a job for Indeed Sponsored Jobs. My mission is simple: to make you money. I'm here to level the playing field for all investors. There's always a bull market somewhere, and I promise to help you find it. Mad Money starts now. Hey, I'm Kramer. Welcome to Mad Money. Welcome to Kramer on the Street, my friends. I'm just trying to make you a little extra money here. My job, not just to entertain, but to educate. So call me at 1-800-743-CNBC or tweet me @JimCramer. There's a reason that so many of us in this business love to talk about the biggest companies on earth, but we need to stop making endless comparisons. Stop, stop, stop, stop, stop, stop, stop. Among them, just because they're all colossal in size and many of you own them. On a day where the averages roll over the map, with the Dow advancing 139 points, the S&P gaining 0.81%, the Nasdaq jumping 1.3%, I think we need to accept an old adage that my Grandma Mary always told me: Comparisons are odious, especially comparisons involving the trillion-dollar giants that dominate daily discussion of the stock market. Why? Because comparisons are only useful when the companies really have something in common beyond their scale. And often they are considered to be carbon copies of each other. And that's just not true. Consider what each of these companies really is. Hey, why don't we start with Meta, okay? That's become a real mystery. This morning it was reported that Meta has a new chip in production with Broadcom. That caused an instant panic. No, no! Because it meant that Meta was gonna spend a ton of money to keep up with Google, Amazon, and Microsoft in the cloud computing business. Then throw in Meta's acknowledgement that it's gonna spend a lot more money on capital expenditures, a dreaded strategy from Wall Street's perspective. And the stock got slammed right outta the gate. Meta can't possibly go up against those other companies, right? Their expertise is advertising, correct? How do they defeat Google, Amazon, and Microsoft in cloud infrastructure? But hold up here for one moment, just one moment. And forget about the other trillion-dollar companies and just think about Meta. Stop comparing, start thinking. Mark Zuckerberg is a genius. He's demonstrated that time and again. Perhaps, just perhaps, he's thinking that his web service business could be huge because it can cross-reference with all the data from Meta's 3.5 billion users. Maybe that could be a huge new revenue stream. Maybe he has plans to monetize WhatsApp in some way that needs the agents that a data center creates. We don't know, but we can approximate that Meta might get a gigantic return on its investment here. It's only because we think of how much everyone else is spending that we don't consider maybe Zuckerberg's got profitable plans and he isn't just some cowboy throwing up expensive data centers all over the world purely because he can afford to. That's nuts. This is a man who'd take that— who really would. He would take the same money and use it just to sit there and buy back stock if he thought that was a better use of cash. He's done that. There are a ton of investors who'd happily buy his stock if Zuckerberg would simply cancel these expensive plans. But maybe we should lean in and recognize that he knows more about his company's prospects than we do. Maybe that's why Meta ultimately rallied like crazy after that initial decline. It finished up $28. Zuckerberg's not a bozo. You can quote me on that. We should stop considering him as one. What a stand. Or how about Google? All right. Now, they raised a ton of money recently and basically capped the terrific rally in their stock. In the old days, everyone loved Google because it was spewing cash. Now it seems like it's trying to raise any money, any amount of money that it can just to stay in the AI rat race with the other Magnificent Seven. But wait one minute. Sure, there's a race to get market share in what seems like an increasingly commoditized market with ChatGPT, Claude, Grok, Perplexity, Gemini. It's entirely possible that we only will have one winner in this whole game. And if that's the case, it's going to be Google because of Gemini. Why? Because it's a default on Apple's installed base of 2.5 billion devices. If I were Alphabet, all I'd be thinking about is how to make the best product for Apple. How to please them, how to come up with a better Siri. That was enough to wipe out all comers once before with Google Search. Now it could be the same with Gemini. Meanwhile, we no longer spend much time pondering the worth of YouTube or Waymo. Ridiculous. Do you think YouTube may be the most profitable large-scale business ever invented? And all we care about is Google spending money in another place. Now, today was one of those days where the complex of Micron, Seagate, Lumentum, Corning, Western Digital, Sandisk all took off and they're all at the top of the S&P 500 leaderboard. These are all companies that make products where there's intense demand right now, mostly from the data center, and there's not enough supply. This rally got triggered by an analyst who raised his price target for SanDisk from $1,200 to $2,000. Where was that guy? Was he like hiking in the Andes for a while? I don't know. Come on, wake up. There was a clarion call that there are plenty of price increases still to come for their data storage products. When traders see that, they do 3 things. Okay, they do 3 things. We're going to get them in the order that they do them. First thing they do, okay, well, they buy the stocks I just mentioned. 2, they put in orders for SK Hynix, the giant Korean memory chipmaker seeking to raise something like $26 billion in an ADR offering on the Nasdaq. They start trading tomorrow morning. Stay tuned for more about that. And 3, well, what do they do? This is their favorite thing to do. Sell, sell, sell, sell, sell, sell, sell, sell, sell Nvidia. Because they think It's too big, too played out, too, too lumbering. Me, what do I do? Well, I look at Nvidia as a company unto itself with a management run by Jensen Huang, who seems like a smart fellow to me. I say it's at the heart of the data center with a product that's still the envy of the industry. Doesn't matter though. All I see is people endlessly comparing chips by Amazon, by Alphabet, by, by, by, by Microsoft. And maybe by Meta, by Samsung, by SpaceX. We never stop to think that all these companies, what are they really? At least the hyperscalers, they're— they are— they are customers of Nvidia. And just like the commodity semiconductor companies, Nvidia is on allocation too. We just don't talk about it. They can't make enough of their product either. But some of the commodity chip companies like SanDisk now have price earnings multiples that are higher on next year's earnings than Nvidia. I regard that as insulting. Insulting to Jensen Huang. Insulting to me. I'm insulted. SanDisk is a commodity chipmaker. Nvidia is the most proprietary chip company in the history of the world. You know what held back Apple for ages? Its lack of data center spending. Lack of it. That's what— see, that's all this comparison stuff. They're not spending enough. Yeah, it was constantly under fire for not shelling out fortunes on an AI strategy. Even the other guys were under fire because they were constantly shelling out fortunes on an AI strategy. All right. This compare scheme has got to stop. No, Apple didn't build its own AI. It's not in that business. The crazy thing, though, is that they have a superior consumer product. Now, Google's Gemini is basically the default AI on your iPhone. Are they given the benefit of the doubt? No, because Siri isn't smart enough. I say don't sell Apple. The company has a product that's unusually— maybe it's just It's not the best for them. Okay. It's not the best. Typically, everything they make is the best. But history says they will eventually get there. All these companies suffer by the compares. Amazon is not good enough because it keeps borrowing money to build data centers that it won't be able to monetize like Anthropic can. Microsoft has a suboptimal AI product versus the others. Copilot. What if it has a new one we don't even know about that's going to blow us all away? Maybe it's got something secret. The competition is so stiff, the amounts of money that they're spending make them second-rate investments in the eyes of the market. You can't raise numbers on them. Not now. And if you listen to the zeitgeist of Wall Street, not ever. But one day, one day, one day, one of these companies, one of these companies is going to announce on a conference call that it's raising its forecast because of the AI products it is making. And you're going to see a rally in all of them, a rally that'll be so powerful that you'll never stop kicking yourself for missing out on it. How do I know this? Because unfortunately, they all trade together. Right now we're in a sink one, sink them all situation. But the bottom line, we get one, just one of these heavy hitters saying its AI business is now profitable, then you can forget about owning a commodity semiconductor stock. Instead, you'll go for the hyperscaler that's spewing so much cash flow, you won't even know what to do with the money. And you will be left holding commodity companies that can't hold a candle to any of these giants, even if they are decidedly not from one big happy family. Craig in Texas. Craig, hello? Oh, Craig, I kind of missed you. Craig, booyah, Jim! Booyah! What's happening, Jim? Let me start by thanking you for sharing your wisdom with us listeners over the years. Oh, thanks. I've done very well because of you, and I feel indebted. Well, I like that. No, do not feel indebted. Watching is good enough. Go ahead. I'm sorry. Okay, no worries. I'm a second-time caller, club member, and I have your most recent book. I love it. My stock is IBM. I wanted your opinion so I can decide whether I should buy, sell, buy or hold? I want you to buy the stock, Craig, of IBM. You buy some now, and then it's been having these kind of panic fits, just panic attacks. You buy the rest then. I think IBM's terrific, it's inexpensive, and Arvind Krishnan is doing a fantastic job. All right guys, I'm a little fired up about this idea that all these stocks should trade together because they should. One day you're going to see a rally in one of these stocks that kicks off a rally in them because everyone thinks they're one big family, one that is so powerful that you will kick yourself for missing out on it. On Mad Money tonight, with SK Hynix at the list on the NASDAQ tomorrow, I'm gonna give you a rundown of whether you should fold this new name into your portfolio. Then, a different kind of chip stock fell hard after earnings. So what's behind PepsiCo's decline? I'm taking a closer look at it. And I'm digging into a company with a boring name but exciting prospects that you told told me about. Don't miss my take on preformed line products. No, don't fall asleep, it's going to make you big money. Stay with Kramer. Don't miss a second of Mad Money. Follow @JimCramer on X. Have a question? Tweet Kramer, hashtag Mad Mentions. Send Jim an email to madmoney@cnbc.com or give us a call at 1-800-743-CNBC. Miss something? Head to madmoney.cnbc.com. How do you turn your strategy into action and action into impact? Bold leaders do it through transformative strategy and transactions, ones that work in practice, not just on paper. At EY Parthenon, we use an investor mindset to help you create value. How? By combining deep sector experience with AI-powered technology so you can reimagine your business for tomorrow while building it today. Shape your future with EY Parthenon. Learn more today. When you're at work, you never know when you'll be interrupted. But with the Dell Pro powered by Intel Core Ultra with vPro, no matter what distracts you, your laptop won't. It's battery optimized for the way you work with built-in intelligence that quiets distractions when you need to focus. Your laptop will help keep you locked in, even when it's Bring Your Dog to Work Day. Built for those who stay in the flow. The Dell Pro. Built for you. Dell.com/Dell-Pro. Hey, whatcha doing? Are you doomscrolling other people's vacations? Miami? San Diego? With Expedia, your trip can earn rewards which you can use towards your next eligible stay. Soon, people will doomscroll scroll you. Expedia, the one place you go to go places. Terms apply. Tomorrow, this market gets hit with its third gigantic equity offering in the past 6 weeks when SK Hynix, the South Korean memory chip giant, issues American depository receipts that will trade on the NASDAQ. Now, the numbers haven't been finalized yet, but we're talking roughly about $26.4 $44 billion worth of stock based on the company's closing price in South Korea today and the current exchange rate. Now, this comes on the heels of the $75 billion SpaceX IPO and Alphabet's $45 billion fundraise. We've also seen some big bond offerings from SpaceX and Amazon. That's why I'm really hung up on this SK Hynix deal. It's yet another test of this market's appetite, especially for stocks that are connected to the data center theme that I always talked about. I know $26 billion might not sound that earth-shattering, but you know this, it's one of the top 5 stock offerings of all time by size. Until last month, Alibaba was the largest IPO in U.S. history, and that was less than $22 billion. At the same time, SK Hynix is a company that most Americans had never heard of, at least until the great memory shortage went into overdrive about a year ago. Now it's already valued at more than $1 trillion in Korea. So tonight what I want to do is this: I want to walk you through where this company came from. It's going to be the biggest trader tomorrow. Originally, SK Hynix was founded as Hyundai's electronics subsidiary back in 1983. Then in 2001, it rebranded itself as Hynix Semiconductor and was spun off as an independent company. For years, this was basically a penny stock as it took ages to recover from the East Asian financial crisis of the late '90s, and the company was saddled with a heavy debt load. Things started to turn around in 2012 when SK Group acquired a controlling interest, and SK still owns 20.5% of the business. Since then, they doubled down on investments in production and new technologies while other chipmakers were pulling in their horns. For example, in 2013, SK Hynix rolled out the first high-bandwidth memory product, something that's become crucial to AI infrastructure. These days, the demand for all kinds of memory chips has exploded thanks to all these new data centers. And when we talk about memory chips, There are basically 3 big companies that make them: Micron, Samsung, and SK Hynix. They're number 2 in overall DRAM memory market and also number 2 in modern— in more modern flash memory while being the biggest maker. And this is what really matters of high bandwidth memory. See, that's why the stock's been on fire lately. They control 56.4% of the hottest market on earth. The high-bandwidth memory market. Nobody else comes close. And this is the stuff that data centers can't get enough of, the hottest commodity on earth. If you measure from November 30th, 2022, that's the day that ChatGPT launched, SK Hynix stock is up roughly 2,550%. It's morphing the 354% gain from Samsung South Korean listed shares. They're in that same business and the 1,620% gain from Micron. Much of these gains came in the past year as the memory shortage has gotten much more acute. That, that's what's caused prices to soar over the past 12 months. This one's even about even with Micron, which, you know, is one of the great performers of all time. That's a 700% gain. Now, I know these runs in the memory chip stock, they just seem crazy, right? But it's much easier to process when you remember that the underlying earnings are flying too. It's not just based on Ether. From 2023 to 2025, SK Hynix's revenue nearly tripled. As for the earnings, they lost about $7 billion in 2023. It was a very lean time, and then they turned to $30 billion profit last year. That's what this business used to be, up and down and up and down. This year, the analysts expect SK Hynix's revenue is going to more than triple, while net income is expected to increase fivefold to around $153 billion. Like Ralphie from The Sopranos. It's a good earner. That's how SK Hynix became a member of the trillionaires club. So, okay, now you know the background. Is this thing worth buying when it starts trading in America tomorrow? You know what I'm gonna do? I'm gonna give you this case and then I'll give you this case. The bull thesis is simple. As the dominant maker of high-bandwidth memory, SK Hynix is one of the top beneficiaries of the great data center buildout, and it should keep winning for a long time. In the memory chip market specifically, the companies involved say that they don't expect supply to catch up to demand until at least late 2027, or even— I think this one's more likely— 2028, meaning multiple years of insanely strong, ever higher pricing for memory chips. At the same time, SK Hynix has a very, very, very, very, very close relationship with the best customer of all, Nvidia. Just last month, Nvidia CEO Jensen Huang visited SK Hynix on a trip to Seoul, where the two companies announced an expanded multi-year partnership, including long-term supply agreements. That was very important for both companies. But the simplest argument in favor of SK Hynix is this: even after the stock's incredible gains, I know this is going to sound crazy, but it's still pretty darn cheap right now. The stock trades at 7 times this year's earnings estimate, just 7, 5 times next year's numbers, 4.5 times the numbers for 2028. Their memory chips may sell at a huge premium, but the stock trades at a discount. How about the bear case? Okay. As I've mentioned many, many times with Micron and other commodity chipmakers, the big concern is that historically memory chips have been a boom and bust business. So when supply eventually catches up with demand, you don't want to be left holding the bag. Again, historically, every memory chip boom has led to a memory chip bust. We also know that SK Hynix has enormous capital spending plans. They want to boost the capacity to catch up with the voracious demand for these chips. Their long long-term plan is to spend the equivalent of $729 billion bolstering their South Korean manufacturing footprint. Now, if you believe the AI-driven demand for these chips is permanent, well, then, then you're going to need all that capacity. But if you're familiar with the story here, you know that lots of new production capacity is how shortages turn into gluts. At the same time, SK Hynix is probably benefited from the fact that it only trades in South Korea, making the stock inaccessible for many American investors. Once it trades here, though, starting tomorrow, the whole group, including Micron and Samsung, will have less scarcity value. The final leg of the bear case for SK Hynix is what's happened over the past 3 weeks. In that period, we've seen many memory stocks just get crushed. Clearly a beatdown for Samsung just this last week. This week, despite the fact that it preannounced what I thought would were fantastic numbers on Tuesday morning. Micron's also been hit hard, even though it reported a terrific quarter in late June. Meanwhile, SK Hynix's South Korean-listed shares are down about 25% from their highs less than 3 weeks ago. That's happened on no real news from the company itself. It's just that the stock went parabolic. Fortunately, that means you're not coming in at the tippy top for the stock. But this thing's a roller coaster that can go down real fast. Sell, sell, sell! Here's the bottom line. Tomorrow, SK Hynix Korea will start trading on the Nasdaq here. And this offering represents another enormous slug of stock that our market will need to digest. I think it's an important test for the market. That said, we know the memory chip business is on fire, at least right now. And if you're willing to accept the volatility, I think you'd do a lot worse than this one. If you really want it, though, how about this? Put on a medium-sized position, leave room to buy more into weakness. It's had quite a run and it's not clear that the digestion of this new chunk of stock will be all that well received, especially if it's priced at a premium to the last sale in Korea, which is what we are hearing may happen. Bad Money's back after the break. Coming up, with PepsiCo's earnings falling flat, Kramer's digging into the report to see what went wrong next. 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And with Discover, you can. Get this, Discover automatically matches all the cash back you've earned at the end of your first year. Seriously, all of it. And we trust you to make smart decisions. After all, you listen to this show. See terms at discover.com/creditcard. Was it the price of gasoline that crushed PepsiCo's stock today, or was it the price of Fritos? This morning, PepsiCo reported a quarter that looked fine on the surface but failed to wow when you got to the fine print. Meanwhile, the stock, once a market darling, has turned into an ugly duckling. On a conference call, management admitted that inflation and the price of gasoline caused domestic snacks sales to fall. That led to a collapse in the stock. It dropped $4.65 or 3.26%. It was one of the worst performers in the S&P 500 today. Now, unlike its beverage competitor Coca-Cola, PepsiCo is a very complicated company. One that's historically relied on the salty snacks division, not this. Frito-Lay is what fuels its growth. And unfortunately, Frito-Lay has gone negative in North America, the most important market, down 2%, primarily affecting lower net pricing. How come? Well, here's the paragraph that slew the quarter. Results were tempered in the, in the quarter as US food and beverage category performance moderated. With consumer budgets tightening due to rising inflation pressure. Well, this is new verbiage from PepsiCo. The previous quarter, CEO Ramon LaGuardia thought that he had pricing under control. There have been sequential improvement and the stock was strong. Now, though, in just 3 months, things are looking much worse. A pretty shocking development, especially for a well-respected run company like PepsiCo. How did it take us by surprise? Maybe we on Wall Street are just a bunch of snobs. Most of the big trigger pullers in this industry don't know much about regular people. They don't shop at Walmart. They've never been to a Dollar Tree, and they probably don't know the difference between a $6 bag of Fritos and a $7 one. They don't think about the added cost of a bag of chips on top of the money they spent at the pump when they go to the convenience store, which is a huge locus of snack spending. So we were all aghast that there could be any pushback on the price of potato chips. Could a dollar increase really make such a huge difference? Honestly, yes. See, the Wall Street guys aren't considering two things. First, the price of gasoline is right in front of you, and we know it's exorbitant versus a few months ago, even as it's pulled back from its highs. When gas is that expensive, consumers need to give up on something like snacks. When a bag of chips was $3, it was not an issue, but $6, well, that's a real source of savings. So there was genuine shock on this miss. Now, I've been lucky enough to be a rich guy for a long time. Look, I play with an open hand here, okay? I'm not gonna pretend. But I remember what it was like to be poor, and I can tell you it isn't the absolute price of potato chips that has people upset. It's the endless increases in price and the compounding of those price increases over the years that make tens of millions of people sick to their stomachs. This quarter, I think some of the largest distributors had enough and demanded price rollbacks. We know that Walmart committed to rolling back prices. In fact, they specifically named Frito-Lay chips and PepsiCo sodas in their announcement of price cuts on Monday. It wouldn't shock me if Walmart forced PepsiCo's hand and demanded rollbacks as the prices stayed in their aisles. I think it was the rollbacks in the traditional grocers plus the sticker shock of the convenience stores that made it so no matter what PepsiCo did, it couldn't grow the business. Now, they've tried things to forestall this moment. I know they want to stick by their innovation playbook. I respect that. They are tremendous cost cutters, too. But maybe they just have to take the darn hit and cut the price of their products big time, take a ton of market share, and then 3/4 from now, they can have a much better return. I fear, as others do, that this is the beginning of a slow rollback in pricing. I say rip the Band-Aid off, go back to prices from 10 years ago before the illness increases, and get realistic. You raise prices too much. Too often for a country that is now weight-obsessed, health-obsessed, and GOP-1-obsessed. And you're just not going to make as much money per bag as you'd like to. Now, PepsiCo gets about half of its sales from overseas, and that business is terrific. They need to make international much bigger to lessen the impact of fruitless domestic pain. Here's the bottom line. I fear now that only drastic pricing can reverse a domestic dive. Something, by the way, that CEO Ramon LaGuardia disagree with when we interviewed him on Squawk on the Street. In truth, I thought Raymond wasn't really disagreeing with me. I think he was suddenly disagreeing with the action in the stock. And that's actually not that great an idea when you're running a publicly traded company. Let's go to Cliff in New York. Cliff, booyah, Mr. Kramer. Booyah, as they say in the Hanes underwear commercials. I'll try to be brief. Healthcare stocks have been out of favor for a long, long time now, right? But when it comes to CVS Healthcare, would you say it's a buy, sell, or hold? It's a strong buy. Why? Because this David Joyner has come through the scrum. Where do we see a Walgreens? Very few of them. We don't see Rite Aids anymore. They're gone. The only real competitor to CVS is Amazon. And CVS has got Aetna, Amazon doesn't. Aetna is crushing it. Buy the stock of CVS. I sure wish I'd done it for my trust. Let's go to Justin in West Virginia. Justin. Hey Jim, how you doing? I'm doing well, Justin. How about you? I'm doing great. Thank you for taking my call. It's an honor to talk to you. Of course. Hey, I'm looking at a stock that is down considerably still from its 2021 highs. "But year to date, it's had a heck of a run. It's up almost 70% in 2026. Jim, is it too late to get into Marriott Hotels?" No, no, it's not. No, it's absolutely not. I think this is a long-term winner. I've been saying this over— Oh, oh, hold it. Marriott Vacations or Marriott Hotels? Two different stories, but I like 'em both. Vacation. Oh, the vac— Okay, that's Marriott Vacation. Not as good as Marriott Hotels. I prefer Marriott Hotels. Much better longer-term growth. I'm sorry that I reacted so quickly. I heard Marriott and I like it so much I couldn't restrain myself. All right. I fear that only drastic price cuts can save PepsiCo stock. The company, it's a great company. It's just the stock's too high because maybe Fritos are too high. What's my money at? The name Preformed Lime Products might not sound all that interesting, but a closer look at the stock reveals something promising. I'm digging deeper. Then, are the senior housing stocks getting a new lease on life? Boy, who's looked at them lately? I'm going off the charts to survey the space. And of course, all your calls rapid fire tonight. It's the Lightning Round. So stay with Kramer. The other night I got this terrific call from Sam in Massachusetts. Who asked about a company called Preformed Line Products Company, PLPC. I told him that he had a winner. Tonight, I want to circle back to it because this one's a beneficiary from the great American tech buildout. And like many other data center plays, the stock's come down hard over the past week and a half. Now, this is a company that designs and manufactures all sorts of stuff that's critical when you're building new infrastructure, things like connectors, Fascinating solutions, cable holders and protection products for cables, lines, fiber optic networks. I know, boring. So what? That we need this stuff for the new electric infrastructure to power all these data centers. And that means more business for PreForm line products. They dominate the market for heavy-duty transmission, lower-line hardware. Same goes for inside the data center. These guys make the physical infrastructure you need if you want to run bundles of wires and fiber optic cable throughout a big warehouse full of servers. Now, this is something I talk about practically every night, right? The AI boom is incredibly hardware intensive. After decades where software was in charge, now it's all about setting up massive buildings, filling them with tech, and even building new power plants to supply them with electricity. That's how something like a Caterpillar's become a big winner. And it's why PreForm Line products keeps winning. In its latest quarter, the company delivered a monster earnings beat, 24% growth just versus the previous 3 months. In other words, that's linked. Their sales were in line, but that still represented 19% year-over-year growth. And this stock's been a great long-term compounder. It's up 105% over the past 12 months and up 67% just year to date. But after soaring above $400 in June, the stock has now pulled back to the $340s. The PreForm line products chart looks like every other AI-related stock chart. A huge run this year that's taken a breather lately, although given how this group's bounced today, I don't know, the breather could be over. That said, even after these gains, PreForm is still tiny with a market cap of under $1.7 billion. You're definitely not early if you buy it up here, but if— but you might not be late either. See, this is a small company with an increasingly large role to play. In grid upgrades and the great data center buildout, which we know is still early. And PreFormed also has some potential exposure to robotics and automation. They're even working on next-generation robotic installation systems for overhead power lines. Boy, does Sam have a good one here. At first, when I got the call on this one, I called it a mini Quanta. And it's also reminded me of an outfit that was on the show not too long ago that I really, really struck me as a great one called Sterling Infrastructure. These are the guys doing the construction, engineering contracting, buying a lot of the power infrastructure and data center buildouts we keep hearing about. We had Sterling CEO Joseph Cutiello on the show. That was February 27th. Get this, the stock was at $420, I mean, $420s. Just a few months later and it's down in the $700s, up more than 200% over the past 12 months. You can do a lot worse than being in another Sterling Infrastructure. Now, Prefarm line products in Sterling operate in different parts of the AI infrastructure stack. To start, Sterling is a services provider while PreForm makes physical products, but they're similar in that they're both tied to key bottlenecks in one of the biggest buildouts in history. Sterling helps solve the bottleneck at the very beginning— physical construction, engineering, and site prep. PreForm solves the bottleneck in digitizing the power grid, hanging the advanced conductors, and providing the hardware that helps connect and protect the guts of the data center and the grid around it. Wow. I think both are good places to be. And the market seems to agree with me. These are two smaller companies that benefit from all the CapEx construction, everything that goes into a data center and the systems connecting them. Every cable, every line, every connector, and every piece of hardware that makes the buildout work. Prefarmed also has the potential benefit from the White House's efforts to bolster domestic energy infrastructure and secure the power grid. Like when Trump invoked the Defense Production Act back in April. That order authorized federal purchases, purchase commitments, and expedited action to expand manufacturing and deployment capacity for companies critical to American infrastructure. Companies like PreForm. Put it all together, and I think PreForm Line Products is a good fit for this moment. Again, I'm not saying the company will definitely get a check from Uncle Sam, but the government's telling you exactly what it thinks is strategic— grid infrastructure, conductors, transformers, transmission equipment, substations and the supply chain around them. That's PLPC's bread and butter. This kind of company might not be your first thought when you imagine what goes into the great AI buildout, like what I talked about at the top of the show. But before the AI boom, this was a really pedestrian grower. Why? Well, look, the electric grid hasn't grown much in this country in the last couple of decades, but now there's a colossal amount of spending to make the grid more— much faster and more powerful. Certainly make it a little bit harder, so to speak. I think PLPC is a great derivative play on the market's biggest theme. I think you're getting a nice entry point here given the recent pullback. Sure, it's doubled over the last year, but I don't think it's crazy anymore to buy a stock like PreForm at 35 times earnings in this data center obsessed market. So here's the bottom line in this very cool idea that one of our brilliant viewers, Sam, brought to us. PreForm Line Products Company is a small but critical part of the AI buildout. If you believe in this story and you believe the company can earn nearly $13 per share in 2028, which is what the analysts are projecting, then you got my blessing to put a position on right here. Now, look, ideally the stock will pull back a little bit more. You get that in the position weakness because I don't see the data center buildout slowing down anytime soon. But the stock has already pulled back. I say you're getting it at a much better level than I thought you'd get anytime soon. Get money's back. Get money's back. Coming up, he's the fastest mind on Wall Street, so we're putting him to the test with your help. Bring on the lightning round, next. It is time, it's time for the lightning round with my friend, who is in the stock— So there's not much difference between— you play this round and then the lightning round is over. Are you ready, Ski Daddy? Time for the lightning round. First up, Tyler, New York. Tyler, Jim, first time caller, longtime listener and club member. Jim, I wanted to get your thoughts on this founder-led company using AI to try to disrupt a multi-trillion dollar industry. Jim, the customer growth is impressive and the The story just keeps on getting more and more interesting. Jimbo, summer is here, it's scorching outside. So tell me, Jim, what do you think about some L-M-N-D, lemonade? I wish they could make some money, frankly. I mean, that would be good. You know, it would change my view of it if they started making money. That would make it into a better stock and a better company. But I think you put on a tremendous presentation. Let's go to Ned in Ohio. Ned, Professor Kramer, good to talk to you again, sir. How's your day going? How's my day going? I think fair to middling. I did a little of this, a little of that, mostly that. That's a steal from another show. Go ahead, sorry. Okay, well, I was afraid I was going to strike out today because, uh, I was in the queue to talk to you Tuesday, and then when Minsky. So I was 0 for 2 until today, and I'm 1 for 3 now. Hey, Dutch, so you're 33 average, and the phone room people are fabulous. I love the phone room people. Yes, sir. I wanted to talk— I wanted to ask you about a company that pays a secure dividend of around 3.7%. It has millions of acres of owned or controlled timberlands. Uh, in the construction wood products business for commercial and housing construction. They're in real estate. They also— their stock price has drifted down quite a bit, but it seems to me it would be a pretty good buy with that interest rate, and it has room to grow over time. The company is Weyerhaeuser, sir. Oh, Weyerhaeuser. Okay, here's the problem with Weyerhaeuser. If rates go up, this stock goes down, and people think rates are going higher. If you think rates are going to low— going lower ultimately, then you would start buying the stock right here. I'm more bullish on it than the rest of Wall Street. Let's go to Sal in New York. Sal. Jim, how are you? All right, buddy, what's happening? Nothing much. All right, a A couple weeks ago you had the CEO of FedEx Freight on your show. Yeah, Daniel Walther. Everything was great, but you guys— he was awesome. I mean, it was awesome. And you guys are talking about all the autonomous routes that they're running, but there was only one issue, Jim. You didn't talk about the company who's running those routes for FedEx Freight and how successful those routes are and the on-time percentage and the safety percentage and all the great partnerships that that company has. Jim, it's time for you to bring on Chris Urmson, one of the co-founders of Waymo. It's time for you to bring Chris on your show. Jim, what do you think about Aurora Innovation and bringing Chris on? I'm calling him right now. I can't even wait. I'm not even gonna wait till the end of the show. We're getting that fellow on the show. I am not gonna make a determination on Aurora Innovation until I get Chris Urmson on the— he used to be, by the way, he's the founder of Waymo. I'm gonna really be all over this guy. All over him, but I will not render a verdict until I have him on the show. There it is. Now we're going to go to Harvey in Arizona. Harvey, good to talk to you, Jim. Enjoy your show. Thank you. Well, I'll probably just talk stocks too. I mean, you know, while we're at it, right? Yeah, yeah. The— well, I was calling you. I, I'm an old engineer, so I like carpenter Technology symbol. And so do I. And not just because it's— CarTech is one of Philly's best. You got a terrific company there. What a great chart too. I think I would buy some here and buy some of the coming down, but definitely add some right here. And that, ladies and gentlemen, is the conclusion of the Lightning Round. The Lightning Round is sponsored by Charles Schwab. Coming up, could assisted living stocks be a safe haven What's the best option for your money in a turbulent market? Kramer's going off the charts to find out next. Today, I want to tell you about one of the great secular growth stories of our era that really has got nothing to do with the data center. Talking about the senior housing shortage in this country. And we've known about America's aging population base for decades. There's nothing new about my fellow baby boomers getting older and older, but throw in massive senior housing shortage that we're having and suddenly there's a lot of money to make here. That's why we're going to go off the charts with the help of Dan Fitzpatrick. Oh, he's a terrific technician who's the founder of Stock Market Mentor and the host of his own podcast, The Fitz Factor. Take a closer look at some of the best performing senior housing stocks. You know, blow your socks off. You can't believe these charts. First, Let me set the stage. The number of Americans over the age of 80 is set to grow from 14.7 million today to nearly 19 million by 2030. That's a 30% increase in less than 4 years. As these people get older, the senior housing and assisted living industry will need to build about 600,000 new units by 2030. But it's very hard to put up new housing in this country. And we know that senior housing construction slowed dramatically, shrinking to its lowest level in more than a decade. In short, Demand for senior housing is accelerating, but supply just isn't keeping up. As Fitzpatrick sees it, that means existing senior housing assets are likely to become a lot more valuable. Now, there are two distinct categories here. You've got the owners, basically landlords for senior housing, and then the operators who actually run these facilities. Fitz thinks opportunities are all over the place here. Why don't we start with the weekly chart of the biggest one, the one everybody knows if you're following this industry, and that's Welltower. It's a real estate investment trust that owns one of the largest senior housing portfolios in America. Welltower owns the lot, the real estate, and partners with different operators to manage many of them. But ultimately, Welltower is a landlord. When you look at the weekly chart, you can see that Welltower has been in a magnificent 3-year uptrend that is so clean. No signs of slowing down at all. And it makes sense. They own lots of senior housing in a world where the 80-plus demo is skyrocketing. Fitzpatrick points out that the 40-week moving average, blue, okay, uh, shows strong institutional buying. Every time Welltower share pulls back, the price— look at this, the professionals come in and they load up the truck. The top of the trading range shows you how far the stock can run before these institutions back away. Some room there. Fitzpatrick believes this stock can keep chugging higher. He thinks you can buy Welltower right here, right now, but you should leave room to buy a little more on weakness, maybe the next time the stock pulls back to around its 40-day, 40-week moving average. A little bit here. Okay. Uh, and that's a very solid, uh, that's a very solid line of support. That's a very pretty chart, people. Next, let's talk about senior housing operators like Pennant Group and National Healthcare Corp. Check out the weekly chart of Pennant. Oh man, as an operator of senior living communities, the biggest expense is in people, is in business I'm sorry, isn't buildings. This is people. Okay. That's why Pennant's been embracing artificial intelligence to make its employees more efficient, basically do more with less. Fitzpatrick notes that Pennant peaked at around $36 in late 2024 before pulling back 40%. Since then, though, the stock has repeatedly found buyers at the $22 level. Nice for support there. Over the next 20 months, Pennant has traded sideways, forming a round base that looks like a bull. I love bull patterns. Basically, every time the stock comes down, institutional money managers would step up and basically prop it back up, and they never stopped buying the stock. Finally, just a couple weeks ago, this— all that supply below $37, well, it was soaked up. So the same institutional buying pushed Pennant higher and higher. Now they're running it up on high volume at this point. Right there, you can tell that's high volume. Uh, at the end, the stock's broken out above its key ceiling resistance at $37. Today it crossed above $40, and, and it's— and based on the depth of the, of the, of the action here, I got to tell you something, this thing can sail to $55. I agree with Fitz before the end of the year. That would be a very nice move. You want to be in on that move. I don't see much resistance at all. Last but not least, there's National Healthcare Corp. Take a look at the daily chart. This is another operator of senior housing. It's putting up good numbers. Fitzpatrick points out that National Healthcare has a reliable repeating pattern where the stock pulls back to the 50-day moving average and then institutional buyers snap it up. I mean, this is— they just differ where people snap it up. But this one is the purple line, the 50-day. If the stock gets too far above the 50-day moving average, these same institutions seem to close up shop, wait for a better entry point. We've seen the same pattern 7 times over the past year. Now, Fitzpatrick's view, this kind of pattern needs periodic rest before it can trigger another rally. He points out that National Healthcare has experienced a series of flat tops that ultimately led to next buying, next buying opportunity as the floor support at the 50-day. This is another one that takes the 50-day moving average gradually catches up with the share price. At this point, he thinks the stock's moving up to another level, but it won't be too long before we get another shallow pullback that could make for an excellent entry point. Here's the bottom line. These are 3 unbelievable charts. I had not— Dan came in this. I did not know about this bull market. I'm glad that he brought it to us. It suggests that the senior housing plays like Welltower, Pennant Group, and National Healthcare are all gradually trending higher. He thinks you should wait for weakness and then pounce. I find it hard to disagree because the senior housing shortage is a phenomenal long-term theme. As a matter of fact, I actually want to be more aggressive than He is. I'd like to say there's always a bull market somewhere. I promise I'd find it just for you right here on Mad Money. I'm Jim Cramer. See you tomorrow. All opinions expressed by Jim Cramer on this podcast are solely Cramer's opinions and do not reflect the opinions of CNBC or its parent company or affiliates and may have been previously disseminated by Cramer on television, radio, internet, or another medium. You should not treat any opinion expressed by Cramer as a specific inducement to make a particular investment or follow a particular strategy. But only as an expression of his opinion. Kramer's opinions are based upon information he considers reliable, but neither CNBC nor its affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. To view the full Mad Money disclaimer, please visit CNBC.com/MadMoneyDisclaimer. Soccer teaches us lessons we can take with us long after we leave the field. That's why Bank of America and U.S. Soccer are committed to helping bring soccer to every school. Raise your hand to help at BofA.com/SoccerAtSchools.

   Jim Cramer — Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 7/9/26 · 2026-07-09