In this article, we will look at the stocks on Jim Cramer’s radar on Mad Money, as he advised investors to care about where a stock is going, not where it has been. The host of CNBC’s Mad Money on Wednesday noted that a group of lesser-known technology- and semiconductor-related stocks continued to climb, while many former market leaders, including hyperscalers and other mega-cap names, largely stalled.
If you follow stocks with any regularity, you’ll notice this profound pattern where the same stocks just go up and up and up while others, the vast majority, merely languish. The leadership stocks that seem to have no ceiling are in tech, but not the techs we’re used to, not the household names, and most certainly not the hyperscalers. Those giants that made up FAANG and then the Magnificent Seven, those stocks barely move at all. And often when they do, guess what, it’s down. Lately, the tech leaders, they’re far more obscure, and many of them aren’t in the averages.
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Cramer said he wanted to focus on the technology stocks that continued to perform well, including during Wednesday’s session, despite not being part of the hyperscaler group and certainly not companies such as Microsoft. He identified semiconductor companies and related businesses as some of the biggest beneficiaries of what he described as a severe supply shortage.
He also pointed to another layer of the semiconductor ecosystem benefiting from the same conditions, noting that shortages are not limited to commodity semiconductors. There are also shortages involving the semiconductor capital equipment required to manufacture those chips. Cramer said companies that provide computers and components for data centers have also been among the market’s winners.
Here’s the bottom line: I don’t want to throw away the discipline of not touching a stock that’s rallied like crazy. But when it comes to tech hardware that’s connected to the data center, I think you may not even have a choice. You can’t afford to care about where these stocks have been. You should only care about where they’re going. And when it comes to Intel, I think the answer is up.
Our Methodology
For this article, we compiled a list of 16 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on June 17. We listed the stocks in the order that Cramer mentioned them.
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16 Stocks on Jim Cramer’s Radar Like Oracle and Goldman Sachs
16. JPMorgan Chase & Co. (NYSE:JPM)
JPMorgan Chase & Co. (NYSE:JPM) was among the stocks on Jim Cramer’s radar on Mad Money, as he advised investors to care about where a stock is going, not where it has been. Cramer mentioned the stock during the episode, as he commented:
We’re no longer hearing about onerous regulation. That ended when Trump came back in. A big bank like JPMorgan can really be hamstrung by regulation. Now, it’s Prometheus Unbound.… Of course, the banks are incredibly boring, a real sleeper, but the stocks are still inexpensive. The recent rally gives me hope that we just won’t be chasing the same old, same old over and over and over again. We can only go so far with Seagate and Sandisk, people, as leaders. But with a relatively cheap back like JPMorgan or Bank of America, or even Wells Fargo, they can very well go up much more before they’re even considered reasonably priced, let alone fully valued.
JPMorgan Chase & Co. (NYSE:JPM) provides financial services, including banking, lending, payments, and investment management. In addition, the company offers investment banking, asset management, and advisory solutions.
15. Banco Santander, S.A. (NYSE:SAN)
Banco Santander, S.A. (NYSE:SAN) was among the stocks on Jim Cramer’s radar on Mad Money, as he advised investors to care about where a stock is going, not where it has been. Cramer highlighted the company’s plan to acquire Webster Financial, as he commented:
The only thing we’re missing are bank mergers. Now, I got to tell you, I think it’s time we had a few of them. We have way too many banks in this country. If a bank has tremendous AI technology, it should be rolling up its smaller rivals right now, you know? But the only one that seems to get this is Banco Santander, run by the superb Ana Botín. She’s buying Webster Financial in… Connecticut. It’s a brilliant acquisition, taking advantage of the loosened regulatory constraints. Others should do so too.
Banco Santander, S.A. (NYSE:SAN) provides banking, financing, investment, and insurance services to individuals, businesses, and public institutions. The company offers lending, wealth management, payments, and digital banking. A caller inquired about the stock during the June 3 episode, and Cramer responded:
That was Ana Botín. I think the world of her. I know that the stock has had a big run. I think it’s paused here as it catches its breath. I don’t want people to sell it, and if it came back to $10, I’d tell people to buy it.
