Jim Cramer Discussed 5 Stocks Like NVIDIA and FedEx and the Threat of Oversupply in the Market

In this article, we will look at Jim Cramer Discussed 5 Stocks Like NVIDIA and FedEx and the Threat of Oversupply in the Market. Please visit Jim Cramer Discussed 13 Stocks Like FedEx Freight and the Threat of Oversupply in the Market if you’d like to see the extended list and methodology behind it.

5. FedEx Corporation (NYSE:FDX)

FedEx Corporation (NYSE:FDX) was among the stocks Jim Cramer discussed during Mad Money, as he called the growing wave of stock offerings and debt issuance a threat to the bull market. Cramer was quite optimistic about the company and its stock, as he stated:

There’s this idea that FedEx disappointed when it reported earnings two weeks ago. Stock fell 2.3% the week they reported, and when that happens, people assume, well, there’s gotta be something wrong. But FedEx reported a great set of results, a pretty sizable top and bottom-line beat… Maybe the reason it might have sold off also is the full-year forecast… See, with the FedEx Freight spin-off… FedEx decided to transition from its old calendar year, where it was a fiscal year ends in May, to a standard calendar year, okay, the kind that ends in December… I think it created a lot of confusion for investors because the so-called consensus estimates included a lot of figures that were based on the old fiscal calendar… Plus, don’t forget that FedEx is famously conservative with its guidance. When management first introduced their forecast for fiscal 2026, the 12-month period that just ended in May, they were initially guiding for $17.20 to $19 of earnings per share. Turns out that was a super low-ball forecast, as, in reality, FedEx earned $20.24 per share.

So, I’m not sweating either of the things that investors seem to be taking issue with… I still think the company’s just in the best position I’ve seen in ages. Strong overall demand, tremendous cost initiatives. The stock trades at less than 18 times the midpoint of management’s full-year earnings forecast. Taking share, taking names. If history’s any guide, that forecast is too low. Long story short, I’m as bullish on FedEx as ever.

FedEx Corporation (NYSE:FDX) provides transportation, shipping, and logistics services, e-commerce solutions, and supply chain management.

4. Danaher Corporation (NYSE:DHR)

Danaher Corporation (NYSE:DHR) was among the stocks Jim Cramer discussed during Mad Money, as he called the growing wave of stock offerings and debt issuance a threat to the bull market. Expressing their wish to diversify, a caller inquired about the stock, and Cramer commented:

Danaher’s been a huge disappointment, and we managed to get out of it… I don’t want you anywhere near that one. It’s really unfortunate. I think it can go higher, and it’s got a good chart, believe it or not, but it’s just not working.

Danaher Corporation (NYSE:DHR) provides instruments, consumables, software, and services used in bioprocessing, life sciences research, and clinical diagnostics. Cramer mentioned the stock during the June 1 episode and said:

Danaher, once among the most revered companies in the entire market, still trades at 21 times earnings. But at these prices, it’s clearly overvalued because it’s only putting up 4 to 6% organic growth. Thermo Fisher’s trading at less than 20 times earnings, but it has a 1% organic growth rate. Management was guiding for 3 to 4% later.

3. AT&T Inc. (NYSE:T)

AT&T Inc. (NYSE:T) was among the stocks Jim Cramer discussed during Mad Money, as he called the growing wave of stock offerings and debt issuance a threat to the bull market. A caller mentioned that they inherited a few hundred T shares and asked if they should hold or get “rid” of them. Cramer replied:

Okay, look, this is a great question because you’re going to have some tax considerations if you sell. I want you to look that over. You can always ask your accountant. But I don’t see a lot of growth, and I like growth stocks, and I’m not going to recommend a stock just because it has a good yield, because I can get that from a bond. So, my advice is this is up against Starlink; well, I don’t want to ever be up against Starlink. It’s time to sell.

AT&T Inc. (NYSE:T) provides telecommunications and technology services, including wireless communications, broadband, and internet solutions. A caller sought Cramer’s advice about the stock during the May 18 episode, and he responded:

No, I don’t want to be in AT&T, and I’ll tell you, I also am very concerned about rural. I’m very worried about Starlink. I think Starlink is, and I also think Leo from Amazon, both of those are going to be considerable competitors to the rural part of a company like AT&T.

2. NVIDIA Corporation (NASDAQ:NVDA)

NVIDIA Corporation (NASDAQ:NVDA) was among the stocks Jim Cramer discussed during Mad Money, as he called the growing wave of stock offerings and debt issuance a threat to the bull market. Cramer explained why one should own NVIDIA and not trade it after its massive decline. He commented:

Now, why don’t I tell you to just throw in the towel? No, I’ll tell you why. Because it looks to me that we’re still at equilibrium and the buyers still have some spare cash. We just had a gigantic decline in semiconductors of all kinds, including the unwinding of many parabolic moves. What I told you, gotta be out of those, right? You gotta sell on the way up. And we got a hopeful footing today. Plus, today’s big leader was a stock that just shed $1 trillion in market capitalization, and that’s the stock of NVIDIA. I can’t tell if it ran because it’s so darn cheap on earnings- one of the cheapest stocks in the entire S&P when gauged against its growth rate or because of an unconfirmed story: the Chinese government has greenlit some sales of a high-powered NVIDIA semiconductor. Now, I think that you should own NVIDIA, not trade it. And if you buy it, please don’t buy it because of Chinese considerations. Nothing from China is in the numbers.

NVIDIA Corporation (NASDAQ:NVDA) develops accelerated computing and AI platforms, GPUs for gaming and professional use, cloud services, robotics and embedded systems, and automotive technologies.

1. Rivian Automotive, Inc. (NASDAQ:RIVN)

Rivian Automotive, Inc. (NASDAQ:RIVN) was among the stocks Jim Cramer discussed during Mad Money, as he called the growing wave of stock offerings and debt issuance a threat to the bull market. Cramer called out worrisome deal pricing trends in the wake of the Rivian stock drop, as he remarked:

What matters, though, is where they price the deals, which brings me to two very worrisome signposts that show a yellow light on supply, one that could easily give way to a red light if we’re not careful, especially when you consider some of these recent debt deals like the… one we just got from Amazon. The first came from the loss-making Rivian. That’s the electric car company. The stock was motoring of late. It’s gone from $13 in May all the way to $20 on Monday. Wow, what a hot one.

But in what can only be considered a game of chutes and ladders, Rivian raised $1.2 billion by selling 75 million shares, but they had to sell it at $15.50, down from $20. Oh sure, the deal worked, meaning it didn’t break the print price, which is encouraging. You are up more than a dollar if you got in on the secondary. But that’s because the print was so very, very, very, very, very low, down four and a half bucks from where Rivian was previously trading. That’s not encouraging at all. That’s one deep in the hole deal. I don’t like to see deep-in-the-hole deals.

Rivian Automotive, Inc. (NASDAQ:RIVN) manufactures electric vehicles and provides related software, charging, and maintenance services.

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