Jim Cramer, host of Mad Money, said Friday that the increasingly complicated private credit market concerns him far more than the possibility of a spike in crude oil prices.

I’ve heard the Jeremiahs and the pessimists that the price of crude can easily go to $150… Putting aside whether Iran can even hold out that long, at $150, the Gulf States will drag barrels of oil across the desert by camel if they have to. That’s why I’m not too concerned about oil staying sky high. I am much more worried about the abstruse world of private credit. This were non-bank investment houses, wrapped loans together and sold them in a package many times to individuals. Those individuals tended to minimize the risk in their own minds because they loved the higher yield that these packages provided them.

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Cramer noted that investors also should have realized that pulling money out would not be easy, since these funds are designed as long-term holdings. He said that many investors never imagined they would suddenly want to withdraw funds because the investments appeared dependable and predictable. He said that with the constant drumbeat of concern that some of the underlying loans could deteriorate, many more investors want to exit those positions. He added that they cannot necessarily do so without inflicting heavy losses on the investors who remain in the funds.

Now, because of the way these private funds are set up, there can’t be anything like a bank run. But the private credit issue and the banning of some redemptions erode the confidence in the markets. Looking back, these funds perhaps should never have been marketed then to individual investors who didn’t understand the risk. Clearly, if things go south from here, private credit, and not oil, will be the focus, and it won’t be a positive one.

Our Methodology

For this article, we compiled a list of 13 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on March 6. 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 Gave Opinions on 13 Stocks: Marvell, Chevron, and More

13. Kinder Morgan, Inc. (NYSE:KMI)

Kinder Morgan, Inc. (NYSE:KMI) is one of the stocks on which Jim Cramer gave his opinions. Toward the end of the lightning round, a caller asked about the stock, and Cramer stated:

Well, Kinder Morgan is a winner. Now this, now it’s a parabolic move. It’s straight up. And I always try to tell people that doesn’t mean that I don’t like the company. It means that the stock is too hot. So, we have to do some selling.

Kinder Morgan, Inc. (NYSE:KMI) is an energy infrastructure company that operates pipelines and storage facilities for natural gas, crude oil, and refined petroleum products. During the episode aired on June 6, 2025, a caller asked whether they should buy, hold, or sell the stock, and Cramer replied:

Kinder Morgan’s good. Kinder Morgan’s good. You know… The company got it together. Anything in the pipeline is just working.

It is worth noting that since the above comment was aired, the company’s stock has risen by over 19%.

12. Duolingo, Inc. (NASDAQ:DUOL)

Duolingo, Inc. (NASDAQ:DUOL) is one of the stocks on which Jim Cramer gave his opinions. A caller asked what Cramer thinks of the company, and he commented:

You know, the quarter was bad. I mean, just flat out bad. And so I have no reason to recommend it because I don’t have any good numbers for it. It could bounce, but it won’t be my, it won’t be anything that I think is going to be worthwhile.

Duolingo, Inc. (NASDAQ:DUOL) operates a mobile learning platform. It provides courses in dozens of languages. In addition, the company provides digital English proficiency assessment through its app. During the September 10, 2025, episode, a caller asked whether the company’s stock was a short contender over the next 12 months, keeping AI, Apple AirPods 3, the live translation feature, and user dissatisfaction in mind. The Mad Money host responded:

Whoa, whoa. No. It’s too good a company to short. I would sell it because I do like what Apple’s come up [with] in terms of translation. I go overseas quite a bit, do a lot of business, particularly my wife does, and we just need the buds now. That’s all we need. We don’t need the Duolingo. We tried [it]… It’s really hard. But anyway, that’s my thinking.

It is important to note that the company’s stock has declined by more than 64% since the above comment was made.

11. AECOM (NYSE:ACM)

AECOM (NYSE:ACM) is one of the stocks on which Jim Cramer gave his opinions. A caller asked whether ACM is a buy and, if not, what a good alternative would be. In response, Cramer said:

Yeah, they didn’t have a good quarter, and it’s a good company, but they did not have a good quarter. And if you’re going to be in that group, you want to be in a company… PWR okay, that’s the symbol. It’s called Quanta Services… It’s same business, better run.

AECOM (NYSE:ACM) provides infrastructure consulting, design, and management services to public and private clients across the transportation, water, energy, and environmental sectors. Cramer discussed the stock in light of the AI data center boom during the episode aired on October 7, 2025. He stated:

So, who else benefits from the AI data center boom? Hey, how about an old favorite of the show, AECOM… which is another engineering construction firm that’s best known for its public sector work, particularly infrastructure construction, although it does plenty of commercial business, too. Lately, AECOM has been calling out the AI data center boom as a major tailwind for its business.

On… the most recent conference call, one of the first things cited by President Lara Poloni as she talked about future opportunities with data center, she mentioned that data center investment is expected to triple by 2030. And as with Jacobs, she said that AECOM’s expertise in specific functions like environmental permitting, sighting, stakeholder engagement, energy, and water gives the company a significant advantage in this space.

Apparently, AECOM’s data center practice has seen its net service revenue double over the past two years, and Poloni’s betting that the growth here will continue to accelerate. This stock has been on a roll. It’s up 52% from its April lows. But you know what? I think this one has more room to run. Every time you hear about another one of these massive data center projects from the hyperscalers, you’ve got to remember that somebody needs to build these things. And oftentimes that’s going to be AECOM.

10. Astera Labs, Inc. (NASDAQ:ALAB)

Astera Labs, Inc. (NASDAQ:ALAB) is one of the stocks on which Jim Cramer gave his opinions. Answering a caller’s query about the stock, Cramer said:

Oh my god, this is such a red-hot stock. It’s incredible. The price-to-earnings multiple is behind. I always look at it, I say, when is this stock going to come in for sale? And it really doesn’t, and that is because it’s a very good company.

Astera Labs, Inc. (NASDAQ:ALAB) develops semiconductor-based connectivity solutions and software for cloud and AI infrastructure. The company’s products include intelligent connectivity platforms, smart retimers, cable modules, memory controllers, and system management software. Artisan Partners stated the following regarding Astera Labs, Inc. (NASDAQ:ALAB) in its fourth quarter 2025 investor letter:

During the quarter, we initiated new positions in L3Harris, Astera Labs, Inc. (NASDAQ:ALAB) and Carvana. Astera Labs is a fabless provider of connectivity chips designed to address data, network and memory bandwidth bottlenecks in data centers. Modern GPUs and CPUs often can not operate at full performance due to limitations in how they connect to memory and networks, and Astera’s chips help remove these constraints to improve system efficiency. The company also enables communication across different types of chips, supporting the industry’s shift toward heterogeneous computing. With continued cloud growth and rising AI demand driving rapid data center expansion, we believe Astera has a strong long-term growth opportunity. We took advantage of a recent pullback to start a GardenSM position.

9. Brand Engagement Network, Inc. (NASDAQ:BNAI)

Brand Engagement Network, Inc. (NASDAQ:BNAI) is one of the stocks on which Jim Cramer gave his opinions. When a caller inquired about the stock during the lightning round, Cramer said:

Oh yeah, the brand engagement. Oh, it is a very small stock. Now, I’ll let you do this: this can be your one speculation. In How to Make Money in Any Market, I say you can have one speculation. Let it be this one. But it is pure spec, and I’ve gotta tell you, it would not be my cup of tea.

Brand Engagement Network, Inc. (NASDAQ:BNAI) develops conversational AI assistants that use sensory and sentiment analysis to provide personalized digital interactions. The company serves multiple sectors, including automotive, medical, and financial.

8. Marvell Technology, Inc. (NASDAQ:MRVL)

Marvell Technology, Inc. (NASDAQ:MRVL) is one of the stocks on which Jim Cramer gave his opinions. Cramer praised the company’s CEO and said that he “proved that his company is crushing it,” as he commented:

Now, this is one of those cases where I get to say I told you so because I’ve been a gigantic fan of Marvell… Look, even as recently as last night, it had only bounced to $75 and change. It started to feel like maybe some people felt that Matt wasn’t the signal. In retrospect, though, that was an amazing entry point because when Marvell reported last night, it was, oh my god, it was enough to send the stock into the stratosphere. Now, look, the actual quarter results were solid…

On next year’s projections, this stock’s selling for less than 18 times earnings. That’s pretty cheap even after today’s spectacular run. So let me give you the bottom line here: This was not just a good quarter from Marvell Tech. It was a quarter where management made a much more credible case that its AI-related revenue base is simply exploding. And it was a slap in the face to everyone who tried to claim that Marvell was losing business a week after they reported the previous quarter of December. Now, these guys just have to deliver. But when you look at how the stock rallied today, clearly, buyers have a lot of confidence in these forecasts. I don’t blame them. I’m a believer too, and I bet Marvell’s got much more upside. I think the negatives were really just noise at best and perhaps dissembling at worst. Matt Murphy proved that he truly is the signal, and he proved that his company is crushing it.

Marvell Technology, Inc. (NASDAQ:MRVL) develops semiconductor solutions for data infrastructure, including system-on-a-chip designs, processors, and networking and storage products. We covered the company’s recent earnings. You can read about it here.

7. The Kraft Heinz Company (NASDAQ:KHC)

The Kraft Heinz Company (NASDAQ:KHC) is one of the stocks on which Jim Cramer gave his opinions. A caller inquired after Cramer’s thoughts on the stock, and he remarked:

Man, I gotta tell you, as much as I like the CEO, as much as I think that he’s going to try to do the most out of it, I can’t get behind it. And the reason I can’t get behind it is because it has no growth, and I’m trying to stay away from the companies that have no growth but just good yield because it just doesn’t make up for it. So I’m sorry, I wish I could be more positive because I gotta tell you, Steve Cahillane has done a great job. Remember, he did the big Kellogg breakup, and it worked. Maybe he can do something here, but let’s give him a chance.

The Kraft Heinz Company (NASDAQ:KHC) produces food and beverage products, including condiments, dairy, meals, meats, beverages, and snacks. During the January 22 episode, a caller inquired about the stock in light of Berkshire Hathaway getting rid of its 28% stake, and Cramer responded:

Well, okay, so we know that it’s not Warren. It’s the new fellow that took it over, and he doesn’t, look, I don’t blame him. He doesn’t want to have the position on his sheets. I do like Steve Cahillane, he’s the new CEO. He came from Kellogg. But Ben Stoto and I kicked this one around, and we decided we just couldn’t get behind it. There’s not enough good happening in the food business. I’m a seller, not a buyer.

6. Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) is one of the stocks on which Jim Cramer gave his opinions. Noting Grand Theft Auto VI’s upcoming launch, a caller asked if it is a good time to start a position in the stock. In response, Cramer said:

No, it’s a great time. I think you’ve gotta get in before GTA, and I’ve been working a lot on this, and I am absolutely convinced that this recent dip, I wish it had been able to push it more under $200. It works. I want you to buy some here, and then if it goes below $200, pull the trigger on the rest. You are right to come in. I think this is a great level. Thank you for asking me about it.

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) creates video games for consoles, PCs, and mobile devices. Some of its well-known games include Grand Theft Auto, Red Dead Redemption, and BioShock. Cramer mentioned the stock during the February 23 episode and remarked:

Before the show got preempted by the Olympics for two weeks, we were already witnessing a nasty sell-off in any industry that might, well, just maybe get disrupted by artificial intelligence, and it’s not just technology anymore. Like I said at the top of the show, it’s only gotten nastier as people ruminate about the future. They’re scared, they’re worried… When Google rolled out Project Genie, which effectively lets people use AI to make their own video games, the entire gaming industry got obliterated. Everything from Roblox to Unity Software to AppLovin, and even Take-Two Interactive. Oh, come on. The last independent video game publisher in America, what a buy that is.

While we acknowledge the potential of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TTWO and that has 100x upside potential, check out our report about this cheapest AI stock.

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