In this article, we will look at stocks on Jim Cramer’s recent Mad Money game plan. On Friday, the host of Mad Money laid out what he will be watching in the coming week and pointed to a packed week of corporate earnings that investors will need to track closely.
If you didn’t believe we could have still one more week where we’d rally 3%, you would be right because we actually rallied 4% this week, thanks to today’s gigantic moves, as peace seems to be breaking out in the Middle East. With the Strait of Hormuz opening for business, the market roared… I gotta tell you, I’ve been around forever, and this has been one of the most remarkable rallies I’ve ever seen. It makes the post-Liberation rally that we had last year look like a gentle bump upwards.
READ ALSO Jim Cramer’s 11 Stocks Review: HOOD, WFC, and Market Rotation and What You Missed on Mad Money: 17 Stocks Reviewed by Jim Cramer
Cramer emphasized how unusual the past three weeks have been, and explained that markets typically rise ahead of positive developments but often pull back once that good news becomes official. He said that this time, the opposite has played out, with stocks continuing to climb regardless of headlines. He pointed out that the gains have not been limited to technology shares, and noted that banks, retailers, and homebuilders have all participated. He also highlighted a pattern in which stocks advanced both before earnings announcements and after results were released.
Bottom line: Next week is one of the three weeks each quarter where you’d better stay… focused because the earnings flood is almost impossible to process. When we get through it, we’re one-third of the way through the hard part. Then get ready for week two and week three, as tough as they come.
Our Methodology
For this article, we compiled a list of 20 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on April 17. We listed the stocks in the order that Cramer mentioned them.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
20 Stocks on Jim Cramer’s Game Plan, Including Tesla and Vertiv
20. The Procter & Gamble Company (NYSE:PG)
The Procter & Gamble Company (NYSE:PG) was one of the stocks on Jim Cramer’s recent Mad Money game plan. Cramer said that it is “too soon for a turnaround” as he commented:
Finally, on Friday, we hear from Procter & Gamble’s new CEO, and I think the quarter’s going to be weak. The last couple of quarters were not so hot. It’s too soon for a turnaround, too soon. But I like the stock very much as a hedge on a slowdown. It’s as cheap as I’ve seen it in years, which is why we own it for the Trust.
The Procter & Gamble Company (NYSE:PG) provides branded consumer goods across beauty, grooming, health care, home care, and family care. The company sells its products through renowned names such as Tide, Pampers, Gillette, Crest, Olay, and Febreze. During the episode aired on January 22, Cramer mentioned the company and said:
… I think most importantly, I liked this new Procter management, including the new CEO, Shailesh Jejurikar. And I gotta tell you, I was blown away by some of the things that he said about what happened in this very quarter and his full investment in the business… Look, it really helps that it, I think Procter’s pulling away from its competitors while putting the company in a position to take market share so they can do even better when the industry bounces back… So let me give you the bottom line here: Even though Procter’s quarter was not so hot, this was a stock that most people on Wall Street had given up on. So even mediocre results were enough to send the stock flying today. And look, when a stock rallies on a seemingly disappointing quarter, it’s a textbook tell that it’s got a lot more room to run. I’m glad we bought this one ahead for the Charitable Trust…
We picked the stock of Procter & Gamble for the trust because it has a long history of innovation, improvement, and execution. We knew it had a solid dividend, one of the best dividends in the entire market, serves as a trampoline if the stock goes low enough. Before the quarter’s release, Procter had been adamant that they were going to miss the numbers. It was very well telegraphed. The disappointment occurred beforehand… So when we saw the numbers today, it didn’t matter. Best of all, Procter has a new CEO. This would be his inaugural quarter, so he didn’t own the previous CEO’s mistakes.
19. Intel Corporation (NASDAQ:INTC)
Intel Corporation (NASDAQ:INTC) was one of the stocks on Jim Cramer’s recent Mad Money game plan. While Cramer noted that the “execution here is incredible,” he said the market reacted poorly when the company last reported.
Perhaps the most important quarter of the week comes Thursday evening when we get results from Intel. Now, the one-time semi-king is embarking on one of the most successful turnarounds in the history of any industry I’ve ever seen. CEO Lip-Bu Tan has done a remarkable job capturing both CPU business and high-end semi packaging. The execution here is incredible, but last time it reported, the Street greeted it poorly. I wouldn’t put it past the market to do the same thing again. Don’t buy it until you see the quarter, okay, and then you can pick some up.
Intel Corporation (NASDAQ:INTC) designs and manufactures processors, chips, memory, and related hardware. Additionally, it provides software, optimization solutions, and AI-enabled platforms. Discussing the stocks leading the market higher on April 1, Cramer said:
The second group of stocks leading us higher are the fiber optic plays that help transport data within the data center. Now, we’re talking about Lumentum, and Coherent, and Ciena; they’re all part of the data center plumbing. NVIDIA has put $2 billion each into Lumentum and Coherent, cementing the relationships. Good investments. Again, not a lot of companies in the fiber networking connect business. Semiconductors and companies related to them are always on the biggest gainers’ list.
This time, it’s Intel that’s leading because the company’s buying back part of an Irish facility it sold to private equity when it really needed money. So, see, it’s a sign of strength that they’re buying it back. Intel’s balance sheet after teetering for so long is now rock solid. Then, Teradyne squeezed in the top gainers’ list. That’s all about semiconductor test and measurement equipment. Again, narrow, narrow, narrow.
