Jim Cramer - Mad Money

Dumping a high-growth tech stock then planning to buy back at a lower price is a lot harder than you think. Apple is a classic example. Shares fell this year, because Apple lacks an AI strategy. Selling the best-selling iPhone stock to buy it back later is a mug's game.

Sure, there are concerns including their demand in China, and will the hyperscalers cut back on buying NVDA chips? You can't have gen-AI without NVDA chips. The new NVDA chips allow chatbots to reason--reasoning will be the holy grail of the AI generation. Selling ahead of this week's report is wrong. 

Has owned this over a decade. Enterprise software is struggling these days, so he needs to see their next quarter before deciding.

They just reported revenues a little light and EPS also missed, basically was flat YOY, but the quarter was still good.  The misses were partly based on poor weather last quarter (a wet spring). Same-stores sales over the quarter locked flat, but was +3.1% in July after two flat months. Management is confident in its distribution centres and reiterated its full-year forecast. If interest rates fall (looking likely), it will only help the housing and home improvement market. The tariff hit will be minimized because many HD products are made in the US.

Was down 43% in 2024, led by their managed care business, to be one of the worst stocks of 2024. But that business is now finally turning around, +12% in revenues in Q2 YOY, and revenues beating the street. So, the health insurance side is doing much better. They raised revenue guidance and full-year earnings. Firing on nearly all cylinders: drug store, pharmacy benefits, health service division (including in-store medical clinics) saw 10.2% revenue growth. Also, the front-of-store and pharmacy delivered a strong revenue beat and growing 12.5% YOY as competitors have vanished (i.e. RiteAid). Pharmacy sales were +18% YOY. CVS shares are up 58% this year and trades at only 11x PE and pays a 3.7% dividend. The CEO has done a remarkable job this year. Has more room to run.

Is -39% this year. The fact that Buffett is buying shares doesn't influence him. He needs to hear the company sell their story.

Is up 71% this year and keep raising its dividend and 286% over 3 years since an activist got involved.

It's had a huge move, so let it calm down before entering. Still has momentum.

Is very expensive, and he avoids LIDAR plays. Is fine as a spec, though.

He approves of Washington taking a stake in Intel. This isn't about socialism or Trump picking winners of losers, it's about the dire state of Intel and a long line of bad CEOs. Problem is, Intel is too big to go under. And the new CEO is a turnaround artist, who previously saved Cadence.

They just reported a beat top and bottom line, with a 23.7% same-store sales growth in and a strong forecast. Shares are up 124% the past year.

Historically, the exchanges have been great performers, but lately they have caught fire and are outperforming the market. Tailwinds are higher stocks, more volatility in April followed by aggressive buying as investor piled back into the market. If this high volume declines, though, so will the indexes. ETFs trading is also surging as are cryptos which concerns him because cryptos are risky. He prefers that people buy and hold quality stocks. You can buy options, only if you do it carefully. Can the stock of these exchanges keep running after such a big move? Yes, and the stocks are not that expensive. Though near all-time highs, as long as these conditions, including volatility, endure, these stocks will keep winning. ICE posted 19% YOY earnings growth, benefiting from market volatility in Q2.

Historically, the exchanges have been great performers, but lately they have caught fire and are outperforming the market. Tailwinds are higher stocks, more volatility in April followed by aggressive buying as investor piled back into the market. If this high volume declines, though, so will the indexes. ETFs trading is also surging as are cryptos which concerns him because cryptos are risky. He prefers that people buy and hold quality stocks. You can buy options, only if you do it carefully. Can the stock of these exchanges keep running after such a big move? Yes, and the stocks are not that expensive. Though near all-time highs, as long as these conditions, including volatility, endure, these stocks will keep winning. The Nasdaq posted 24% YOY earnings growth. The Nasdaq also benefits from the current IPO surge.

Historically, the exchanges have been great performers, but lately they have caught fire and are outperforming the market. Tailwinds are higher stocks, more volatility in April followed by aggressive buying as investor piled back into the market. If this high volume declines, though, so will the indexes. ETFs trading is also surging as are cryptos which concerns him because cryptos are risky. He prefers that people buy and hold quality stocks. You can buy options, only if you do it carefully. Can the stock of these exchanges keep running after such a big move? Yes, and the stocks are not that expensive. Though near all-time highs, as long as these conditions, including volatility, endure, these stocks will keep winning. CME posted 16% YOY earnings growth, given an all-time high in demand for their futures in Q2. The proliferation of derivatives trading by retail investors is another boost.