Jim Cramer, the host of Mad Money, said Monday that several developments must take place before financial markets can settle back into what he described as a normal environment.
I’m going to give you four things that need to happen no matter what before this situation can go back to normal, and remember what normal means. First… both sides actually must stop attacking oil facilities and desalinization plants… That’s going to lead to much higher prices because it’s literally knocking out production… Second, there’s gotta be this acceptance by Iran that the Strait of Hormuz must be free of attacks, of mines, of swift boats, and of drones, or the war just won’t end…
Third, not only does the Strait of Hormuz need to be open, it needs to be opened soon because when you shut an oil well, like many of these countries are, it might never return to the previous level of operation. You can’t just flip a switch and make the well work like it did before. The faster we get them up and running again, the less long-term damage there’ll be to production.
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Cramer’s fourth point focused on government action. He said the U.S. and European countries need to begin releasing oil from emergency reserves, even if officials say the war may be winding down. He noted that oil prices remain too high and that tapping reserves could help lower pressure. He also said, “The US has to pledge to fill it back up after the draining occurs, and oil’s lower.”
So, the bottom line: we know the winners in the scenario but are wary of the losers. It’s just in this environment, there could be many more in the loser column if the Trump administration can’t extricate itself from Iran, and the price of oil doesn’t continue to move lower. Now you know what needs to happen for us to get the situation under control. Let’s see in the coming days if the war really is won. Because if it isn’t won, then I am not sure it’s over.
Our Methodology
For this article, we compiled a list of 14 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on March 9. 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 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
Jim Cramer Expressed His Thoughts on 14 Stocks: Arm, Costco, and More
14. Intuit Inc. (NASDAQ:INTU)
Intuit Inc. (NASDAQ:INTU) is one of the stocks on which Jim Cramer expressed his thoughts. A caller sought Cramer’s thoughts on the stock toward the end of the lightning round, and here’s what he had to say:
Okay. Sasan Goodarzi came on our show, the CEO came on our show after that quarter. A lot of people didn’t like the quarter. He liked it. I liked it. And what’s it done? Nothing but go higher. You stick with that one. It’s going to go higher.
Intuit Inc. (NASDAQ:INTU) provides financial management, tax preparation, marketing, and personal finance solutions. Cramer discussed the stock during the February 26 episode, as he commented:
Nearly two months into the year, the worst performing stock in the entire S&P 500 is Intuit, the software company behind TurboTax and QuickBooks, smaller businesses like Credit Karma, Mailchimp. This one’s down more than 40% year to date, even after bouncing nicely today along with that whole enterprise software cohort.
Now, I always felt like Intuit had more protection against AI disruption than the typical software play. And tonight, Intuit reported a tremendous set of numbers with revenue growth in the high teens and a monster earnings beat. But management didn’t raise their full-year forecast and their guidance for the current quarter. That is the most important quarter of the year because of tax season also came in a little light. I say this is standard practice. These guys never raise numbers going into tax season, but that’s why the stock’s trading lower after hours.
13. AppLovin Corporation (NASDAQ:APP)
AppLovin Corporation (NASDAQ:APP) is one of the stocks on which Jim Cramer expressed his thoughts. A caller asked if the “AI ad platform” is still alive, and in response, Cramer said:
Too much risk there. I do fear that, kind of like what happened with Trade Desk, you come in, you wake up, and Google’s there. I don’t want Google to be coming in after me. And I think the margins there are so good that who knows what will happen.
AppLovin Corporation (NASDAQ:APP) provides a software platform that helps advertisers and app developers market and monetize their content. The company offers advertising solutions, analytics tools, connected TV services, and mobile games. Cramer called it a “former market darling” during the February 6 episode as he remarked:
You know what the market doesn’t like? How about AppLovin, which is a former market darling from the year of magical investing? Not so magical now that Google’s decided to crowd into that space.
12. Arm Holdings plc (NASDAQ:ARM)
Arm Holdings plc (NASDAQ:ARM) is one of the stocks on which Jim Cramer expressed his thoughts. Answering a caller’s query about the stock, Cramer said:
No, Arm Holdings is in every device there is. I really hesitate to tell you to leave that one. I think there’s just a lot of good stuff happening at Arm, and Rene Haas is doing a terrific job.
Arm Holdings plc (NASDAQ:ARM) designs and licenses CPU architectures, system IP, and software used across automotive, computing, consumer, and IoT applications. A caller inquired about the stock during the episode aired on January 26, and Cramer replied:
Okay, Arm’s very interesting here because they did see the big shortage coming. Rene Haas got it right. I think you do buy the stock, and I think it’s a great call.
11. Agilent Technologies, Inc. (NYSE:A)
Agilent Technologies, Inc. (NYSE:A) is one of the stocks on which Jim Cramer expressed his thoughts. A caller asked if the stock will ever come back, and here’s what Cramer had to say in response:
You know, they do so much test and measurement that is biotech. It’s almost like a Danaher, which stopped working. Danaher, Agilent, I don’t think you need it.
Agilent Technologies, Inc. (NYSE:A) provides instruments, software, and services for life sciences, diagnostics, and chemical analysis, including chromatography, spectroscopy, genomics, and laboratory automation solutions. Cramer discussed the pre- and post-COVID performance of the stock during the December 1, 2025, as he said:
Last week, just before Thanksgiving, I got the chance to speak with Agilent Technologies. That’s an arms dealer to the life sciences industry. A long time ago, this stock, known as letter A for its stock symbol, was a great growth vehicle. In the decade before COVID, Agilent’s chart was just a thing of beauty. Then, when the pandemic got rolling, the stock roared even higher, and ever since the pandemic receded, things got choppy for this one but also for the entire industry. The life sciences companies had all the equipment they needed, so the whole group spent years in the dog house.
10. nVent Electric plc (NYSE:NVT)
nVent Electric plc (NYSE:NVT) is one of the stocks on which Jim Cramer expressed his thoughts. Calling it a “picks and shovels type play for data centers,” a caller inquired about the stock, and Cramer replied:
Yep, you got it. That’s absolutely right. That’s exactly how I would describe that. It’s like a mini Vertiv. Good call.
nVent Electric plc (NYSE:NVT) provides electrical connection and protection systems used to secure infrastructure, data centers, and power management applications. Artisan Partners stated the following regarding NVent Electric plc (NYSE:NVT) in its third quarter 2025 investor letter:
Our top contributors included NVent Electric plc (NYSE:NVT), Polaris and ICON. nVent Electric is a provider of electrical connections and protection solutions. Shares were up strongly after the company reported strong organic sales growth driven by momentum in its data center and power utilities businesses. nVent has a leading position in liquid cooling solutions, a small piece of its overall revenue mix, which have experienced strong demand as hyperscalers invest huge sums to build out artificial intelligence (AI) infrastructure. Liquid cooling is used in data centers to manage the heat generated by high performance computing, including AI. As AI usage grows, these solutions are increasingly important for energy efficiency, sustainability and cost management. Prior to the April selloff, nVent’s stock fell in sympathy with other AI beneficiaries after the emergence of the Chinese DeepSeek AI model temporarily spooked markets. We added to our position at that time as there was little evidence of a change in the company’s fundamental underpinnings. Rapid growth in the business over the past few years has been supported by multiple secular tailwinds—electrification, clean energy, energy efficiency, digitalization and onshoring, to name a few—in addition to AI. The company has also executed well, allocating capital wisely by deploying free cash flow into product development, accretive M&A and return of capital via dividends and share repurchases.
9. Hamilton Lane Incorporated (NASDAQ:HLNE)
Hamilton Lane Incorporated (NASDAQ:HLNE) is one of the stocks on which Jim Cramer expressed his thoughts. During the lightning round, when a caller asked if it was time to get into the stock, Cramer remarked:
No, because the company is way too levered to private credit, and we don’t want to go with private credit. The world has changed. Private credit is not a good thing.
Hamilton Lane Incorporated (NASDAQ:HLNE) is a private equity firm that manages alternative investment strategies across different sectors, including disruptive technologies, healthcare, and energy. We recently discussed UBS’s price revision on the stock, which you can read about here.
8. Realty Income Corporation (NYSE:O)
Realty Income Corporation (NYSE:O) is one of the stocks on which Jim Cramer expressed his thoughts. Cramer was bullish on the stock during the episode, as he stated:
Even at this crazy moment, it’s been a good year for Realty Income, letter O, the real estate investment trust that mostly owns retail properties… It’s been diversifying itself lately. The stock is up 15% year-to- date with a nearly 5% dividend yield. Now, some of that’s because Realty Income has made a push into industrial, gaming, and data center properties while also moving into Mexico.
When they reported their most recent quarter a couple of weeks ago, the results were in line with expectations. But the full-year forecast with average funds came in just a tad light. Still, the market seemed to like what Realty Income is building here. I don’t blame them, even if it might take time for some of these investments to pay off. I like what I see.… It’s a very exciting situation. I just like [that it] gives you, the safe monthly dividend go up over time, but now you get very good outperformance and get that safe monthly dividend.
Realty Income Corporation (NYSE:O) provides real estate capital to major companies and manages a large portfolio of commercial properties. The company also provides consistent monthly dividends and has a long history of increasing these payments.
7. Coinbase Global, Inc. (NASDAQ:COIN)
Coinbase Global, Inc. (NASDAQ:COIN) is one of the stocks on which Jim Cramer expressed his thoughts. Answering a caller’s query about the stock, Cramer said:
Well, I’ll tell you, I think that it, a lot of people just think it’s a play on Bitcoin. And what I would suggest you do is just buy Bitcoin. It’s cleaner. It has less to do with whether there’s competition, say from BlackRock or from Fidelity. So just go with Bitcoin. That’s the way to go.
Coinbase Global, Inc. (NASDAQ:COIN) provides a platform for buying, selling, and managing crypto assets. Cramer was bearish on the stock during the February 6 episode as he commented:
I mentioned how Robinhood may just be a proxy for Bitcoin just now. What does that say about Coinbase now that the major cryptocurrencies are everywhere? I gotta tell you, I don’t want to touch this one.
6. Capital One Financial Corporation (NYSE:COF)
Capital One Financial Corporation (NYSE:COF) is one of the stocks on which Jim Cramer expressed his thoughts. When a caller inquired about the stock during the episode, Cramer said:
Okay, now, Capital One is, it’s supercharged right now because it’s got a lot of credit card debt, obviously, and people are very concerned about credit card debt at a time when oil has moved up so much. One point, the stock was down six today. I would tell you that it’s an incredible, fantastic opportunity. We own the stock for the Charitable Trust. It did go as high as $250. We sold some, we bought it back a little too quickly, but it’s down a huge amount in the last month, and I think it’s just a solid buy.
Capital One Financial Corporation (NYSE:COF) provides banking and financial services, including credit cards, loans, deposit accounts, and commercial banking solutions. A caller asked about the stock during the March 2 episode, and Cramer responded:
Okay, so here’s the problem with Capital One: it was flying, then the president decided, listen, we ought to cap interest rates. Now, I don’t think that’s going to happen. 10% cap, that would be bad for Capital One… That shot the stock down, and then this piece last week that we read about how, you know, look, credit cards aren’t going to do well in the new world with a lot of AI. That made no sense to me.
5. Robinhood Ventures Fund I (NYSE:RVI)
Robinhood Ventures Fund I (NYSE:RVI) is one of the stocks on which Jim Cramer expressed his thoughts. Cramer mentioned the stock during the episode and remarked:
Let me put it bluntly. When Robinhood was offering shares of RVI at $25 in the IPO, investors were buying into the fund at face value. In other words, they were buying this pool of investments in private companies at the price that Robinhood was saying they were worth. And to start, there was far less demand for these assets at that price than Robinhood expected there to be. Only one-third of the demand that they were expecting materialized. But then, with these closed-end funds, once they’re released into the wild, we can easily see the difference between what the manager of the fund thinks some group of assets are worth and what the market thinks what they’re worth…
And in the case of the new Robinhood Ventures Fund, the fact that the stock’s traded substantially lower right out of the gate meant that the public market investors just aren’t buying the valuations here. You know what? That’s telling. As I’ve been explaining all year, there are some huge IPOs coming toward the end of 2026 with some companies that have achieved astronomical valuations in the comforts of private markets… That’s why the suboptimal debut of Robinhood Ventures Fund really matters. The bottom line is that this was our first chance to get a glimpse of how public investors will feel about some of these more elevated private market valuations. And though this is just one example, clearly, people aren’t that enthused about these venture capital-backed startups. And as long as the disruptions caused by the war with Iran drag on, it’s not going to get any easier marketing this merchandise to the public.
Robinhood Ventures Fund I (NYSE:RVI) is a venture capital fund that provides growth capital through direct investments.
4. Costco Wholesale Corporation (NASDAQ:COST)
Costco Wholesale Corporation (NASDAQ:COST) is one of the stocks on which Jim Cramer expressed his thoughts. A caller asked whether to buy, sell, or hold the stock, keeping the macro geopolitical situation in mind. Cramer said:
I want you to hold Costco. We own it for the Club. I think it can head to new highs. I know that some people feel that the renewal rates weren’t up to snuff, but I would come back and say when gasoline has a sudden jolt up, that’s always been the time to buy the stock of Costco. I want you to, with those in mind, I just want you to hold it. The spike up big in Costco stock means that we’ve actually got to wait for a little bit of a pullback before we buy more.
Costco Wholesale Corporation (NASDAQ:COST) operates membership warehouses and provides groceries, fresh food, household goods, electronics, and more. In addition, the company offers various services through pharmacies, gas stations, optical centers, and e-commerce options. We mentioned the company while discussing the best stocks that will always grow. You can read about it here.
3. Bunge Global SA (NYSE:BG)
Bunge Global SA (NYSE:BG) is one of the stocks on which Jim Cramer expressed his thoughts. Mentioning that it is a long-term holding, a caller asked whether they should add to their position or hold it. Cramer stated:
I don’t want you to buy more. I don’t want you to buy more. I want you to hold on to it. It is a, Bunge is a great company, and you caught it at the right time. It’s moving up quickly also because of problems in the Middle East. They’ve got, believe it or not, they’ve got a lot of the agribusiness side, not the food side. The agribusiness side’s going to do much better, and you’ve got just a great winner.
Bunge Global SA (NYSE:BG) processes agricultural commodities like oilseeds and grains into ingredients for the food, fuel, and animal nutrition industries. The company also produces sugar and ethanol. Cramer called it an “important agricultural middleman” during the February 2 episode, as he said:
At number eight, we have Bunge, that’s up nearly… 28% this month. It’s an important agricultural middleman. I don’t see a specific catalyst for the Bunge move, aside from some positive analyst commentary based on [an] improving outlook for the broader industry. Now, if you believe in ag recovery in the cards for 2026, maybe Bunge still looks pretty cheap here, trading just 13 times this year’s earnings estimates. But the company reports on Wednesday, so you maybe want to see what they have to say. This one, I’m not as close to as I used to be.
2. e.l.f. Beauty, Inc. (NYSE:ELF)
e.l.f. Beauty, Inc. (NYSE:ELF) is one of the stocks on which Jim Cramer expressed his thoughts. Noting the stock’s decline over the past few months, a caller asked whether they should sell their position and buy CRWV instead. Cramer replied:
You know, oh boy, alright, that’s frying pan fire. Okay, so e.l.f. Beauty is erratic right now, but I have faith that it can go higher. I think you hold off on CoreWeave. CoreWeave is a stock that has tremendous potential but also has a lot of downside, and I don’t want you… to be in something that has a lot of downside. As much as I like the company, it is, it can be eviscerated by changes.
e.l.f. Beauty, Inc. (NYSE:ELF) sells cosmetics and skincare products under its brands, like e.l.f. Cosmetics, e.l.f. Skin, Well People, Naturium, and Keys Soulcare. During the January 9 episode, when a caller asked whether they should hold the stock or take profits, Cramer responded:
Okay, the stock’s been troubled, and a lot of that I think is because people are confused about the Chinese, with the manufacturing. Let’s do this. If you get a tariff overturn from the Supreme Court, this stock’s going to go up 25 points. Let’s just hold on to it for now because I think it’s actually reflecting some of the weakness that I don’t even think is there anymore. I think Tarang Amin is terrific.
1. Oracle Corporation (NYSE:ORCL)
Oracle Corporation (NYSE:ORCL) is one of the stocks on which Jim Cramer expressed his thoughts. Cramer highlighted the company’s data center business, as he stated:
Now, today was an important day. It showed you that when oil’s in reverse, you get huge buying in what, the semiconductor stocks like Broadcom, Micron, and NVIDIA. It’s an amazing thing to see because there was no catalyst today, just a sense that, well, you’re being given one more chance to get in before the data center theme takes off again. Under any circumstances, I would wait to see how Oracle acts if you do want to find out about data centers. Oracle has made itself the king of the data center. It’s the fastest-growing in the space. We need to hear that there’s still tremendous demand for data centers from more than just the hyperscalers and that new chips from NVIDIA are going to be fabulous. Oracle can help us with that.
Oracle Corporation (NYSE:ORCL) provides cloud and on-premise software, databases, and IT infrastructure to help businesses manage operations.
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