In this article, we will look at Jim Cramer’s stock calls as he discussed the impact of the bond market. The host of CNBC’s Mad Money said on Monday that the market’s late-March bottom had little to do with equities themselves and instead came down to interest rates.
First, you have to recognize, no matter what you heard today, that the supposed bottom last week was not caused by anything related to stocks themselves. The bottom was caused by interest rates… What happened was Fed Chief Jay Powell came to talk at Harvard on Monday, March 30th, and he took a lot of people by surprise, who followed bonds at least. He said that inflation expectations are grounded even as the energy prices rise. He said the central bank doesn’t need to respond to this oil shock with higher interest rates.
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Cramer pointed out that Powell made it clear the Fed would look past short-term swings in energy markets. He highlighted Powell’s remark that the federal funds rate was already at a level that allowed policymakers to “sit and observe.” Cramer said, “That was a monumental call.” He noted that while many stock traders overlooked its significance, it mattered greatly to bond investors and was enough to halt the drop in bond prices, thereby pushing yields lower.
Here’s the bottom line: If we see oil go up and rates go up, well then, I think we haven’t seen the bottom. But if rates stay tame, then last week’s lows could represent a real firm bottom, and we might be able to buy the stocks of companies that are due to report. That means the banks first up, may be the best here. They could surprise with some excellent mergers and acquisitions and some good news about IPOs down the road. I like a bunch of them. Check with the Charitable Trust. Lot to buy.
Our Methodology
For this article, we compiled a list of 12 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on April 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 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
Jim Cramer’s 12 Stock Calls and the Impact of the Bond Market
12. BGC Group, Inc. (NASDAQ:BGC)
BGC Group, Inc. (NASDAQ:BGC) is among Jim Cramer’s stock calls as he discussed the impact of the bond market. Toward the end of the recent lightning round on Mad Money, a caller asked about the valuation of the stock as they noted a significant discrepancy between its current trailing and forward PE multiples. Cramer replied:
Okay, well, I think that it’s considered too commodity. I think, but I agree with you, by the way. It does seem too cheap to me. It has been historically cheap is the problem. People just don’t pay up for it. Remember, you are at a high, and I don’t want to push a stock at its high when there are other brokers that are way, way off their highs.
BGC Group, Inc. (NASDAQ:BGC) provides technology and brokerage services, helping large institutions and governments trade assets such as bonds, stocks, and energy products.
11. Planet Labs PBC (NYSE:PL)
Planet Labs PBC (NYSE:PL) is among Jim Cramer’s stock calls as he discussed the impact of the bond market. A caller inquired if the company has room to grow, and here’s what Cramer had to say:
You know what? I think there is. I think that they do an extraordinary job. A lot of what we’re seeing about what’s going on over there in Iran is from them. I think they’re just dynamite. I would stay long.
Planet Labs PBC (NYSE:PL) designs and operates satellite constellations that provide high-resolution geospatial data and daily Earth imaging through an online platform. In addition, the company provides custom satellite manufacturing, mission operations, and data analysis tools. During the April 15, 2025, episode, a caller inquired whether they should stay with the stock or not, and Cramer replied:
Okay, we’re not, ever since President Trump came in, we’re not recommending any stocks that are losing money. It’s just, life’s too short… That’s a whole new category, long, short, life’s too short. Planet Labs’ in that third category.
It is worth noting that since the above comment was aired, the company’s stock is up by over 970%.
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