In this article, we will look at the stocks Jim Cramer reviewed while discussing the Iran ceasefire that triggered a relief rally. The host of CNBC’s Mad Money said on Wednesday that the day’s sharp rally offered a look at which stocks investors should consider as market conditions begin to settle, and which names are better left alone.
I think one of the great values of a day like today is a close scrutiny of the biggest gainers and losers in the session because they give you a window to what can work when things are a little more calm and more important, what can’t work. Because if it didn’t work on a day like today, it probably ain’t going to work at all. First up, when I perused the biggest gainers in the Dow, Nasdaq, and the S&P, I see a mixture of interest rate sensitives, travel and leisure, and data center stocks. It’s a little more eclectic than you might think.
READ ALSO Jim Cramer’s 18 Stock Calls and the Impact of Iran War: Apple, Alphabet, and More and Jim Cramer’s 12 Stock Calls and the Impact of Bond Market
Cramer noted that among the top gainers in the S&P 500 were travel-related companies, including Carnival Corporation. He said cruise operators tend to be hit early during downturns but are also among the first to bounce back, largely because they are seen as affordable vacation options, which he described as a “realistic thing.” He also highlighted the strength in United Airlines and Norwegian Cruise Line Holdings, and mentioned that both moved higher alongside Carnival.
But here’s the bottom line: When you go through these lists of the best and worst performers, you can see what’s worth owning when things calm down and what’s untouchable. When the market gets hammered again, you know what the professional money managers will reach for. It’s a great way to figure out what can take you higher and what’s just a plain old dead end.
Our Methodology
For this article, we compiled a list of 22 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on April 8. 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 Reviewed 22 Stocks, Including Home Depot and Caterpillar, After the Relief Rally
22. Joby Aviation, Inc. (NYSE:JOBY)
Joby Aviation, Inc. (NYSE:JOBY) is among the stocks Jim Cramer reviewed while discussing the Iran ceasefire that triggered a relief rally. When a caller asked for Cramer’s opinion of the stock during the lightning round, he remarked:
Well, I’m not a flying car guy, I’m just not, and I’ve been right not to be a flying car guy. Although I do think, by the way, that Boeing is a great stock… here, and they’ve got a lot of technology for that kind of thing.
Joby Aviation, Inc. (NYSE:JOBY) designs and makes electric vertical takeoff and landing aircraft for use in aerial ridesharing. The company is also developing a related app. During the March 18 episode, a caller inquired about the stock and mentioned their bullish stance. Cramer responded:
Okay, I am not as big a fan as you are. I think it’s incredibly speculative, and I’m in that era of no more magical investing. They’re losing too much money, and when companies are losing too much money, even if they have a very exciting idea, I’ve got to pull in my horns here because we have a very, very tough market, and we can’t deal with companies that are losing a lot of money.
21. Palantir Technologies Inc. (NASDAQ:PLTR)
Palantir Technologies Inc. (NASDAQ:PLTR) is among the stocks Jim Cramer reviewed while discussing the Iran ceasefire that triggered a relief rally. A caller inquired about the stock, and here’s what Cramer had to say in response:
You know, it’s really surprised me because I do not think that this could be hurt by Anthropic. It’s not going to be hurt by any of the other, by OpenAI. And I’m going to stand by it. I’m going to stand by Karp. I’m not changing my mind… I’m not going to give up right here. It had a big move last year, and it’s still digesting it.
Palantir Technologies Inc. (NASDAQ:PLTR) develops data analytics and AI software platforms, including Gotham, Foundry, Apollo, and Palantir Artificial Intelligence Platform, that help organizations integrate, analyze, and act on complex data. A caller asked about the stock during the April 1 episode, and Cramer replied:
Well, you know, Palantir right now, I have to tell you, here’s what’s going on with Palantir… It was a very hot stock. It was, it’s a great company, first of all, I mean, a great company, and… Sometimes, stocks just get overheated, and sellers come out. Palantir is basically building a new base because boy, their business is strong. I’m relying on the customers. The customers love them, and therefore, I think they’ve got a great product, and therefore, I think they’ll have a great 2026 and 2027.
