Jim Cramer, the host of Mad Money, said on Friday that the market seems to be rewarding one thing above all else right now: scarcity.
This market’s being driven by shortages. If your product’s in short supply, your stock goes higher. It’s knee-jerk. You may disagree with it, but Wall Street doesn’t care about your opinion. We’ve witnessed endless buying in the memory and storage stocks in the last year. Think Micron, Seagate, Western Digital, and Sandisk. That strength has extended to the semiconductor capital equipment makers like Applied Materials, Lam Research, and KLA. These groups got hit today off the pin action from Intel’s disappointment, but I think that’s mistaken pin action.
READ ALSO: Jim Cramer Shared His Weekly Game Plan: 22 Stocks in Focus and Jim Cramer Shared His Takes on These 16 Stocks.
Cramer also highlighted what he called a massive shortage in commercial aircraft, which he said is driving Boeing’s comeback. He explained that the surge in travel has translated into a steady flow of new aircraft orders for Boeing because only two companies in the world can produce large commercial planes at scale. He said that it helps explain why Boeing’s stock recently moved past the level where it was trading before the Alaska Airlines accident two years ago. He added that an aircraft shortage supports buying Boeing.
All that said, if your stock’s been rallying as a shortage play, this market will turn against you in a heartbeat if you somehow managed to drop the ball… The CEOs of the best gold companies have always told me that one day, we’d all learned that crypto simply doesn’t hold its value as an inflation hedge. Only gold could. I like crypto, but I think that the gold miners are turning out to be perhaps right. Crypto turns out to not be a great inflation hedge. The moves we’ve seen in the last year show you that crypto seems to lack something that gold and silver have, and I think it’s the shortage factor. There’s just not enough being made. My advice: Own gold, don’t trade it.
Our Methodology
For this article, we compiled a list of 19 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on January 23. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the third quarter of 2025, which was taken from Insider Monkey’s database of 978 hedge funds.
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 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
Jim Cramer Discussed These 19 Stocks and Market Shortages
19. Agnico Eagle Mines Limited (NYSE:AEM)
Number of Hedge Fund Holders: 57
Agnico Eagle Mines Limited (NYSE:AEM) is one of the stocks Jim Cramer discussed, along with market shortages. Cramer mentioned the stock while discussing shortages in precious metals. He commented:
Unfortunately, it’s not just tech. We’ve got some real shortages in metals. Gold, silver, and copper are climbing relentlessly. The world has a lot of copper, so even though it’s used in the data center, I’d be circumspect about chasing it. But man, silver’s up 46% since the beginning of the year, and gold’s up 15%. Now, a lot of that’s because the dollar’s weak. It’s a store… of value, but we do have a permanent shortage in gold, not in silver, but in gold. Each year, we only replace about 1% of the world’s holdings between all the geopolitical uncertainty and the weakness of the dollar. There’s huge demand here. I would buy Agnico Eagle if I wanted to participate in it because they’re the best miner.
Agnico Eagle Mines Limited (NYSE:AEM) is a gold mining company that explores for and produces precious metals, including gold, silver, zinc, and copper.
18. Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holders: 166
Apple Inc. (NASDAQ:AAPL) is one of the stocks Jim Cramer discussed, along with market shortages. Cramer highlighted the stock’s constant decline for the past few weeks, as he said:
Now, last night I told you that the Intel breakage would reverse the huge flow of money out of Magnificent Seven into the storage plays, and to some extent, that happened. The money flowed out of the storage plays right into the Mag Seven… These are all jumping because the money flew back from storage into Mag Seven. It just goes back and forth and back and forth, and it doesn’t impact them all. Apple saw its stock fall for the eighth week in a row because anyone who makes phones or computers is a victim of the memory shortage. They have to buy a lot of these sky-high storage devices. People say sell Apple off it. I’m not, I’m not a believer, but I recognize that’s what’s happening.
Apple Inc. (NASDAQ:AAPL) manufactures and sells devices such as the iPhone, Mac, iPad, along with its line-up of wearables and accessories. The devices are supported by the company’s app ecosystem, AppleCare, and cloud tools.
Hedge Fund Resource Center