In this article, we will look at Jim Cramer’s recent stock calls on Mad Money. On Friday, the host of Mad Money discussed the market’s relentless climb amid war-driven volatility, the reopening of oil routes, a pickup in IPO activity, and a shift in gold buying from protection to speculation.
Think of the trajectory of this monster. The market plummeted on the war, then rallied during the war, even as the Iranians blocked the Strait of Hormuz, stopping all oil exports from the Gulf except for their own. Then we rallied on the truce, where the Strait stayed closed. And then we rallied more on the opening of the Strait and what seemed to be the end of the war. With this kind of bullishness, the market rallying endlessly no matter what happened, I wonder if we would rally on the ceremony to end the war or at least the President’s press conference to salute the troops who served in the war.
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Cramer also highlighted several developments unfolding at once: the reopening of the Strait of Hormuz, a sharp drop in oil prices, and major indexes surging. He also said the IPO market is gaining momentum, with five sizable IPOs beginning to trade within just a few days. Cramer also said he still views gold as a form of insurance, but noted that the composition of investors has shifted. He explained that gold holders now resemble those in Bitcoin.
Now, we got that from Agnico Eagle; it’s not my analysis, but it does work… The people who buy gold are now spec, spec, spec. They are not insurance, insurance, insurance because gold’s been so hot. That’s what happens when you have something as hot as gold. You start attracting different kinds of buyers. Hold on to your gold. Those people will be shaken out the next time we have a 25% shortfall in gold… you know, a drawdown. Just stay with gold. It’s still good, but understand that’s what’s happening.
Our Methodology
For this article, we compiled a list of 16 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on April 17. 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 16 Stock Calls, Including NVIDIA, Coterra, and Honeywell
16. NVIDIA Corporation (NASDAQ:NVDA)
NVIDIA Corporation (NASDAQ:NVDA) was among Jim Cramer’s recent stock calls on Mad Money. Cramer recommended buying the stock on any dip, as he stated:
NVIDIA’s the answer to so many of the problems that these big hyperscaler companies have… This isn’t a zeitgeist play; it’s a pure earning story. Ben Reitzes from Melius Research, the man who was really on board the earliest on NVIDIA, says NVIDIA’s doing so well, yet it only sells at 15 times earnings, well shy of the average stock of the S&P 500. That’s just plain crazy. We have to wait until May 20th to see the actual numbers, but I think you want to own it ahead of time. Buy it on any dip. Hurting NVIDIA is a perception that Google and Amazon are moving away from the company, developing their own chips. The reality is that both companies are huge NVIDIA clients. They aren’t going anywhere. Reitzes is looking for OpenAI to come into NVIDIA big with its next software iteration. He says there could be many more big customers coming.
The total addressable market for NVIDIA’s products keeps expanding. It must be exhausting to be NVIDIA’s CEO Jensen Huang, who’s out there endlessly explaining the fourth industrial revolution, and how it’s all built on the back of NVIDIA. He’s constantly challenged by analysts and commentators who are so off base and they just don’t, they don’t understand the premise. I watched him have to debate a host who was talking about how good the Amazon and Google chips are. Jensen retorted that if they’re so good, why aren’t they willing to benchmark them with the organizations that measure these things? It’s NVIDIA that’s willing to be benchmarked, and they always come up aces. There are plenty of stocks to buy to participate in the fourth industrial revolution. Just remember, though, there would be no revolution without NVIDIA.
NVIDIA Corporation (NASDAQ:NVDA) develops accelerated computing and AI platforms, GPUs for gaming and professional use, cloud services, robotics and embedded systems, and automotive technologies.
15. Copart, Inc. (NASDAQ:CPRT)
Copart, Inc. (NASDAQ:CPRT) was among Jim Cramer’s recent stock calls on Mad Money. Toward the end of the lightning round, when a caller asked about the stock, Cramer said:
Yeah, you know they took apart Copart. It’s an insurance company with vehicle supplies. I want to buy that stock. It’s too cheap. I think you got a good one with Copart. It’s, I think you’re buying it right at the bottom.
Copart, Inc. (NASDAQ:CPRT) runs an online auction platform that uses proprietary technology to help sellers process and remarket salvage and used vehicles. ClearBridge Investments stated the following regarding Copart, Inc. (NASDAQ:CPRT) in its fourth quarter 2025 investor letter:
Auto salvage and auction provider Copart, Inc. (NASDAQ:CPRT) fell as volumes at its key insurance customers declined slightly in the second half of the year due to the number of uninsured drivers increasing after several years of massive insurance premium inflation. We believe this is a temporary and self-correcting situation rather than a secular issue and, with Copart having over $5 billion of net cash and a very attractive valuation, we are continuing to hold shares.
