In this article, we will look at the stocks Jim Cramer looked at during Mad Money’s episode. The host of CNBC’s Mad Money on Monday explained that a surge in certain technology stocks, specifically those tied to data storage and CPUs, is being driven by the rapid and unexpected expansion of AI-focused data centers.
We used to call it galloping. That’s when a stock races higher because something major has changed that makes the underlying company much more valuable, almost instantaneously, than anyone thought. Right now, there are two sets of stocks that are galloping: companies that make data storage and companies that make CPUs. Both are driven by the astonishing growth of the AI data center build-out, something that keeps catching people by surprise.
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Cramer added that while it remains possible that a hyperscaler could develop a new method for storing data, or that semiconductor equipment companies might eventually produce enough machinery to ease supply constraints, that scenario has not played out so far. He noted that even semiconductor capital equipment makers are operating at full capacity, as they also have been unprepared for the sudden spike in demand.
And that’s why there’s no tipping point on the horizon, so the stocks run and run and run until they get to a level where they’re trading like growth plays, no longer value plays. Seeing these moves gives me vertigo, but I know we’re still pretty far from that endpoint, which means the galloping will continue until supply meets demand. And demand keeps growing while supply, it seems almost static compared to what is needed.
Our Methodology
For this article, we compiled a list of 7 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on May 4. 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).
Jim Cramer Looked At 7 Stocks, Including Amazon, AMD, and Sandisk
7. Pershing Square Inc. (NYSE:PS)
Pershing Square Inc. (NYSE:PS) was one of the stocks Jim Cramer looked at during Mad Money’s episode. Answering a caller’s query about the stock, Cramer said:
Too early for me to tell. I mean, obviously, the IPO itself did not price well, but we have to see. I want to see a couple of quarters and then get a sense of what’s really going on.
Pershing Square Inc. (NYSE:PS) is an alternative asset manager and functions as a subsidiary of Pershing Square Partner Group, LLC.
6. TTM Technologies, Inc. (NASDAQ:TTMI)
TTM Technologies, Inc. (NASDAQ:TTMI) was one of the stocks Jim Cramer looked at during Mad Money’s episode. During the lightning round, a caller inquired about the stock, and Cramer replied:
That’s another one of these stocks that is part of the great change in compute. And you’re absolutely right. It’s a good one.
TTM Technologies, Inc. (NASDAQ:TTMI) manufactures engineered systems, including radio-frequency components, circuit boards, and radar systems for industries such as aerospace, defense, and automotive. In addition, the company provides specialized design, testing, and thermal management services. Loomis Sayles stated the following regarding TTM Technologies, Inc. (NASDAQ:TTMI) in its third quarter 2025 investor letter:
TTM Technologies, Inc. (NASDAQ:TTMI) is the largest US-domiciled supplier of printed circuit boards, a foundational component for many electronic products. The company has worked for years to improve revenue quality and margins through factory consolidation, with notable success this year, combined with accelerated revenue growth during the third quarter which was driven by Artificial Intelligence servers and the aerospace/defense industry. The Fund’s investment is maintained given strong revenue visibility in the defense end market and further opportunities to increase margins.
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