Jim Cramer Reviewed 22 Stocks, Including Home Depot and Caterpillar, After the Relief Rally

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.

20. Riot Platforms, Inc. (NASDAQ:RIOT)

Riot Platforms, Inc. (NASDAQ:RIOT) is among the stocks Jim Cramer reviewed while discussing the Iran ceasefire that triggered a relief rally. A caller asked if the stock is a buy, sell, or hold, and Cramer replied:

If you want that, you just go buy Bitcoin. And I’m happy if you go buy Bitcoin, but just don’t complicate things; just go buy Bitcoin.

Riot Platforms, Inc. (NASDAQ:RIOT) is a Bitcoin mining and infrastructure company that also designs and manufactures specialized power distribution equipment. The company provides electrical products and installation services for data centers and industrial utility customers. During the episode aired on August 6, 2025, a caller inquired about the stock during the lightning round, and Cramer responded:

No, see, that’s, again, I mean that’s just too dicey for me. I know in the end, I don’t look like, I may look like a radical, but I’m not when it comes to money, except for when it comes to orientation and not just doing S&P funds, but also doing individual stocks.

It is worth noting that since the above comment was aired, Riot Platforms, Inc.’s (NASDAQ:RIOT) share price is up by over 38%.

19. Commercial Metals Company (NYSE:CMC)

Commercial Metals Company (NYSE:CMC) is among the stocks Jim Cramer reviewed while discussing the Iran ceasefire that triggered a relief rally. Answering a caller’s query regarding the stock, Cramer said:

Commercial Metals, I like Commercial Metals very much, but I’m going to steer you towards Nucor, which had another great session. I think Nucor could be a straight shot to $200. I wish that I had recommended it for my Charitable Trust. We made some changes today. Can’t change all at once, but NUE is the one you want.

Commercial Metals Company (NYSE:CMC) processes and recycles scrap metal and manufactures a variety of finished steel products and armor plates. In addition, the company provides specialized fabrication services and construction equipment for large-scale infrastructure and industrial projects. The company reported its Q2 2026 earnings on March 26.

It posted a non-GAAP EPS of $1.16, missing estimates by $0.14, and generated revenue of $2.13 billion, which was up nearly 22% year-over-year and beat estimates by $60 million. For FY26, Commercial Metals Company’s (NYSE:CMC) management expects to generate between $165 million and $175 million in EBITDA.

18. On Holding AG (NYSE:ONON)

On Holding AG (NYSE:ONON) is among the stocks Jim Cramer reviewed while discussing the Iran ceasefire that triggered a relief rally. When a caller asked about the stock during the lightning round, Cramer said:

You know what? First of all, thank you for calling in, but it lost its CEO. I don’t understand how that happened. It was all very strange. I’m going to have to say, take a pass. I’m sorry, but I love you guys calling in, but I need to take a pass on On.

On Holding AG (NYSE:ONON) designs and distributes athletic footwear, clothing, and accessories for performance sports and everyday activities. Cramer was bullish on the stock when a caller asked about it during the episode aired on July 30, 2025. The Mad Money host commented:

You know, let me tell you something, the reason why I like the stock is that they have adjusted every time that there’s been a problem. Roger Federer and his team have adjusted, and I think that if there’s really something that’s lasting and negative, they will fix it, which is one of the reasons why I do like On. I am concerned that Nike may be making a comeback and take business from On, but I think On is a decent buy here.

It is worth noting that the company’s stock has declined by over 33% since the comment above was made.

17. Affirm Holdings, Inc. (NASDAQ:AFRM)

Affirm Holdings, Inc. (NASDAQ:AFRM) is among the stocks Jim Cramer reviewed while discussing the Iran ceasefire that triggered a relief rally. Cramer mentioned the stock during the episode and said:

… If you want to play that theme, you know what, here we go again, I’d rather own Affirm, which I explicitly highlight in How to Make Money in Any Market. Affirm has democratized lending by providing financing in small increments for people who don’t have the means to buy things up front, and they do it transparently, showing you exactly when and how much you’ll be charged. I would rather go with a pioneer like Affirm and Max Levchin that has a strong relationship with the best of the best, Amazon, Shopify, Costco. That feels like the cleaner way to play this thesis. In a crowded field, I say go with the specials… And if you want to play buy now, pay later, oh come on, I’d rather own a pure play like Affirm, the democratizer of lending.

Affirm Holdings, Inc. (NASDAQ:AFRM) provides a digital payment platform that enables consumers to pay for purchases over time through its point-of-sale solutions and app.

16. Capital One Financial Corporation (NYSE:COF)

Capital One Financial Corporation (NYSE:COF) is among the stocks Jim Cramer reviewed while discussing the Iran ceasefire that triggered a relief rally. Cramer explained why he keeps a positive outlook on the company’s acquisition of Discover, as he said:

And if you want a mainstream lender with more exposure to the mass market, I’d rather own Capital One, especially now that the Discover deal’s done. There’s a reason we own this one for the Charitable Trust, and I feel so good about it. When Capital One bought Discover, it became the largest credit card issuer by balances in the United States… Bigger scale, more diversification, more operating leverage, and more ways to win if you’re right on the consumer… If you want broader scale and a more durable credit card franchise, then it’s Capital One, COF.

Capital One Financial Corporation (NYSE:COF) provides banking and financial services, including credit cards, loans, deposit accounts, and commercial banking solutions. During the April 6 episode, a caller asked whether they should be optimistic over the next 12 to 24 months, as they have been in the house of pain for some time. Cramer replied:

I want you to be very optimistic. They have enough money to do a buyback. They’re going to be finally merged correctly with Discover. They did make an acquisition that kind of threw people off, hurt the stock. Plus, of course, the Trump talked about how you ought to put a top on, 10%. That was really bad for them. I think that’s gone away. I think Capital One is my absolute favorite stock. I said so this morning in our broadcast with Jeff Marks. I say, you’re in a good one.

15. American Express Company (NYSE:AXP)

American Express Company (NYSE:AXP) is among the stocks Jim Cramer reviewed while discussing the Iran ceasefire that triggered a relief rally. Cramer was bullish on the stock during the episode, as he said:

American Express, its customer base skews wealthier, and demand for premium products can stay strong even if the rest of the economy slows down. You know exactly what you’re going to get with American Express, although it does have again a much higher PE multiple…  If you want more exposure to an affluent consumer, you go with American Express.

American Express Company (NYSE:AXP) provides credit and charge cards, payment processing, banking, and travel-related services. The company also offers merchant solutions and expense management tools. During the Squawk on the Street episode aired on April 1, Cramer mentioned the stock and said:

I think that American Express was one of the worst performers. I think American Express down 17% seems pretty interesting to me. I’m willing to take a, I hate to say this, but a flyer, on some of these travel names, betting that they were too linked with gasoline. With gasoline, now breaching four dollar, but it can start coming down if the President says tonight, that the war’s going to end soon.

14. Bread Financial Holdings, Inc. (NYSE:BFH)

Bread Financial Holdings, Inc. (NYSE:BFH) is among the stocks Jim Cramer reviewed while discussing the Iran ceasefire that triggered a relief rally. Cramer said that the company has a “real niche,” as he stated:

There’s a real business here. This company is the financing engine behind a lot of branded credit card programs that consumers tend to use without ever thinking about who’s underwriting them. But here’s the part that jumped out at me once I started digging. This is not a smooth earnings story, even in comparison to some of its peers. It’s a lumpy, cyclical, credit-sensitive story… Now, to Bread’s credit, it’s not a broken company, far from. It has a real niche, solid brand relationships, growing deposit base, management that spent the past couple of years trying to make the business more resilient.

The problem is this: This is exactly the kind of stock that can look fine right up until the consumer weakens. Then suddenly losses soar, and the earnings power everybody thought they saw vanishes. Right now, Bread sells for less than eight times this year’s earnings estimate. Looks cheap, right, on the surface. Stock screams undervalued, but cheap cyclical lenders almost always look cheapest right before you remember why they were cheap in the first place. Yeah, that’s the trap.

And Wall Street’s looking for earnings to come down from 2025 levels in each of the next two years, each. Here’s the bottom line: Bread Financial is interesting but not compelling enough for me to recommend to you over the alternatives… Don’t get me wrong, Bread can work in the right environment. I just think there are cleaner ways to play every part of this story.

Bread Financial Holdings, Inc. (NYSE:BFH) provides technology-driven lending and payment solutions, including credit card programs, installment loans, and point-of-sale financing. Moreover, the company offers data analytics services and retail deposit products, such as high-yield savings accounts and certificates of deposit.

13. NIKE, Inc. (NYSE:NKE)

NIKE, Inc. (NYSE:NKE) is among the stocks Jim Cramer reviewed while discussing the Iran ceasefire that triggered a relief rally. A caller asked whether it was time to buy the stock and posited that “all the bad news is already baked in.” Cramer replied:

No, okay, look, I own Nike for my Charitable Trust. It’s been one of my bigger mistakes. I always talk about my mistakes because otherwise, you can’t learn. I got too bullish. I felt that there could be a turn because the company was so poorly run previously, and that I think that Elliott Hill’s doing a good job. But it’s, the turnaround’s not happening fast enough. And no, down 32%, but I don’t think we’re done yet. I don’t, I’m not, let’s put it this way, I’m not seeing any signs. When we get some signs, then we will make a decision. Right now, I’m just saying I made a mistake, Nike.

NIKE, Inc. (NYSE:NKE) is an athletic and casual footwear, apparel, equipment, and accessories company that sells its products under brands, including Nike, Jordan, and Converse.

12. Callaway Golf Company (NYSE:CALY)

Callaway Golf Company (NYSE:CALY) is among the stocks Jim Cramer reviewed while discussing the Iran ceasefire that triggered a relief rally. Cramer discussed the company’s breakup and buyback during the episode, as he remarked:

I’ve gotta admit that I was too negative on the old Topgolf Callaway, which is now simply known as Callaway Golf… A year ago, I said that I’d take a fresh look at Callaway as a value play once its breakup was complete. But it turns out the market didn’t need to wait. Callaway’s stock started running last summer, even before we knew exactly what the Topgolf breakup would look like, in part because the company managed to put up a series of better-than-expected numbers. Finally, last November, Topgolf Callaway announced it would sell 60% of its stake in the Topgolf driving range business, along with Toptracer, its golf technology business, to a private equity firm called Leonard Green for $1 billion. The structure of the deal was clever.

First, the sale of the majority stake in Topgolf and Toptracer was cleaner than a spinoff, as it could happen much faster. Second, the sale to a private equity firm took the process of valuing Topgolf out of the public’s hands. When Topgolf Callaway was at its lows earlier last year, the market was effectively assigning no value to the Topgolf business, none, which public investors had totally written off. But the sale to Leonard Green valued Topgolf at roughly $1 billion and also assigned some value to Toptracer, too. Previously, that business was simply buried within the broader Topgolf Callaway businesses.

Third, Callaway kept 40% of Topgolf, which is worth something now that we know that the private equity was willing to pay for it. In early January, they completed the sale, and the remaining company changed its name back to Callaway Golf Company. Management also announced a $200 million buyback, which represented nearly 10% of the market cap at the time. And over the course of the next two weeks, investors, they just piled right back into Callaway, which climbed from below $12 to a high of $16 and change in late January. It’s since pulled back to $14 and change, where it sells for 34 times this year’s earnings estimates. I don’t know about that.

Callaway Golf Company (NYSE:CALY) manufactures and sells golf clubs, balls, and equipment, as well as lifestyle apparel and gear, under several brands.

11. Acushnet Holdings Corp. (NYSE:GOLF)

Acushnet Holdings Corp. (NYSE:GOLF) is among the stocks Jim Cramer reviewed while discussing the Iran ceasefire that triggered a relief rally. Cramer called it a “steadier, more consistent player,” as he stated:

Now, in recent years, there have really only been two golf pure plays worth considering: Acushnet Holdings, the parent company of Titleist and FootJoy, among other golf equipment brands which has the extremely apropos ticker, GOLF. And then there’s Callaway Golf, which has gone through some significant changes over the past few years as it first merged with and then broke up with Topgolf, the driving range entertainment venue.

When we last looked at the golf stocks a year ago, I steered you heavily toward Acushnet, which has been the steadier, more consistent player. I said, you are getting a great buying opportunity thanks to the post-Liberation Day tariff meltdown. And while I liked Acushnet, I warned you to steer clear of Callaway until they finally broke up with Topgolf. Well, one year later, I’m happy to report that Acushnet worked out great. It’s up 59%, that’s more than double the S&P during that same period. This one’s been a reliable long-term winner…

All told, as steady as she goes for Acushnet, the one flaw here is that after this run, the stock’s actually more expensive than it’s been in a long time. It’s trading at 26.5 times this year’s earnings estimate. That’s not cheap. This isn’t like last year when the tariff-driven sell-off was giving you a great entry point. Acushnet barely sold off on the war with Iran, and now it’s erased those losses thanks to the ceasefire. I think the stock deserves a premium because I believe they can make the numbers. But I don’t blame anyone who’s hesitant to pay up for this one, especially after it jumped 4% today. Maybe you want to wait for the next market wide pullback. So, I’m happy with Acushnet.

Acushnet Holdings Corp. (NYSE:GOLF) manufactures premium golf equipment, apparel, and luxury leather goods under brands like Titleist and FootJoy.

10. General Mills, Inc. (NYSE:GIS)

General Mills, Inc. (NYSE:GIS) is among the stocks Jim Cramer reviewed while discussing the Iran ceasefire that triggered a relief rally. Noting that the stock is down, a caller asked for Cramer’s long-term opinion. In response, he said:

You know, I was talking with the team earlier about, I was talking to Jeff Marks about, that I saw Smucker, SJM, report a good quarter, and it went up for about a minute, and then it just got crushed. I can’t recommend the stock of General Mills, 6.67% yield, it does not stop the decline. I’m going to have to say no. I don’t have a reason to recommend General Mills, so I’m just going to have to say pass. Pass, wow.

General Mills, Inc. (NYSE:GIS) provides branded foods, including cereals, snacks, meals, baking products, frozen items, ice cream, and pet food. Cramer mentioned the stock during the March 18 episode and commented:

I thought that General Mills might bottom on a good quarter, big yield. Sadly, the quarter wasn’t good enough. Management tried to turn minuses into pluses, but the crowd wasn’t buying it, even with that 6.5% yield.

9. RH (NYSE:RH)

RH (NYSE:RH) is among the stocks Jim Cramer reviewed while discussing the Iran ceasefire that triggered a relief rally. A caller asked for Cramer’s thoughts on the stock long-term, and he replied:

Okay, so… here’s the problem. Look, I like RH. I love going there. I know Gary Friedman, but I also like a good balance sheet, and it no longer has a good balance sheet. And I don’t recommend stocks on this show with balance sheets that I find questionable because that always in 21 years has come back to hurt me, always. So the answer is I can’t recommend it as much as I like their stuff.

RH (NYSE:RH) is a retailer and lifestyle brand that provides furniture, lighting, textiles, bathware, decor, and outdoor and children’s furnishings. Cramer showed a pessimistic sentiment toward the stock during the April 1 episode, as he said:

Finally, because we need rate cuts to sustain this rally, I would’ve liked to see the home builders rally, but other than D.R. Horton, we’re just not getting the pin action that we need. Remember, housing punches above its weight class in the economy because of all the accoutrements that go with a home sale, including RH, by the way, which was down a cool 27 points or 19% thanks to a bad quarter last night. RH has a mountain of debt, $2.4 billion. It missed the quarterly estimates and bought back a lot of stock at higher prices. It’s a suboptimal situation.

8. Dow Inc. (NYSE:DOW)

Dow Inc. (NYSE:DOW) is among the stocks Jim Cramer reviewed while discussing the Iran ceasefire that triggered a relief rally. Cramer explained why stocks like Dow are benefiting, as he commented:

LyondellBasell and Dow, commodity chemical makers, they’re benefiting from the man-made petrochemical shortage caused by the war… you know what? I’m not so sure how easy that is to give up on these as some of the endless price hikes were caused by destroyed plastic refining taken out of capacity. Those facilities won’t come back anytime soon. I’m a believer that you can own Dow or Lyondell. Wow, I’m out there.

Dow Inc. (NYSE:DOW) develops chemical and material products used in packaging, construction, transportation, and consumer industries. During the April 1 episode, Cramer mentioned the stock while recapping the first quarter of the year. He remarked:

Let’s talk about the next group, the companies that benefit from Iran’s shutdown of the Strait of Hormuz. You got LyondellBasell, it’s up 86%, it’s plastics, Dow, up 78%, polyethylene chiefly, well, they make a lot of others, but that’s really the driver, the third and fourth best performers in the S&P. These are two commodity chemical companies, and their stocks were some of the worst performers in the index last year, but they were already starting to bounce back in January, weeks before the war with Iran kicked off, because everybody thought we’d get multiple rate cuts this year, and that’s true for textbook cyclical stocks like the petrochemicals. Turns out they benefit even more from petrochemical shortages caused by the Iranian government. I think Dow and LyondellBasell might be at risk of a pullback if the war ends and the Strait reopens. But then again, there’s a real possibility Iran will keep the Strait closed after we leave just to show us they mean business. I don’t want to, I really don’t want to mess with these… I think you should kaching kaching.

7. Intuit Inc. (NASDAQ:INTU)

Intuit Inc. (NASDAQ:INTU) is among the stocks Jim Cramer reviewed while discussing the Iran ceasefire that triggered a relief rally. Cramer mentioned the stock during the episode and said:

Then there’s Intuit, which keeps getting hit, down 5% today. They’re the guys buying TurboTax. Now, you don’t normally see this stock getting run over during tax season. It’s not even that expensive. But the sellers [sell, sell, sell] nonstop.

Intuit Inc. (NASDAQ:INTU) provides financial management, tax preparation, marketing, and personal finance solutions. During the April 1 episode, Cramer mentioned that he was hoping for the company’s comeback, as he said:

Sixth worst, another one I want to kind of stick my neck out a little bit here, Intuit. It was down nearly 35% in the first quarter. I’m willing to stick my neck out. Why for Intuit? Because even if the AI platforms can develop similar software, they don’t have the brand that consumers and small business owners know and trust, nor do they have Intuit’s network of experts that can get you out of a jam. And by the way, the accountants like Intuit. Remember that. This stock got hit hardest in January and February, but then actually up 8% since CEO Sasan Goodarzi spoke to us on February 26. I’m hoping that’s the start of a larger comeback, and I think it deserves to. But I know it’s going to take time because people have written it off.

6. Salesforce, Inc. (NYSE:CRM)

Salesforce, Inc. (NYSE:CRM) is among the stocks Jim Cramer reviewed while discussing the Iran ceasefire that triggered a relief rally. Cramer addressed the AI worries around the stock, as he said:

Then we have the killer, the one that matches up with the biggest losers in the Nasdaq, Salesforce, down almost 4%. Jeez, you’d think that this enterprise software stock could catch a break. I think it has the best agentic software that allows ersatz people to come alive, answer questions flawlessly. Also has a modern way to communicate with Slack. But Salesforce has a bunch of silos that have software as a service models and anything in that space is considered guilty until proven innocent, thanks to the rise of AI, even if it makes no sense at all.

I want you to think of it like this: If companies are paying by the worker for software-as-a-service, and AI allows them to have fewer workers, then you have to say to yourself, how can Salesforce make as much money as it used to? I get that. Plus, who knows if Anthropic can help you code a Salesforce knockoff with lightning speed? I get that. I just don’t know how existential it really is.

Salesforce, Inc. (NYSE:CRM) provides CRM-focused tools that help businesses manage customer interactions, use AI agents, analyze data, collaborate, and run marketing, commerce, and field service operations.

Click to continue reading and see Jim Cramer Reviewed 5 Stocks, Including IBM and Caterpillar, After the Relief Rally.

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