Jim Cramer’s 20 Stock Calls: Microsoft, SoFi, and Tech Earnings Recap

In this article, we will look at Jim Cramer’s stock calls on Mad Money recently as he recapped mega-cap tech earnings. The host of CNBC’s Mad Money said on Wednesday that the strongest in technology right now are, somewhat ironically, the “old tech.”

When it comes to tech companies, you know what? It’s become not enough just to beat and raise anymore. You need to have something else going on, something that’s not in your control. You need a shortage or else your stock’s not going to get much love, even if you’re one of those big dogs, yeah, the hyperscalers we talk about, the ones that reported after the close this very evening.

READ ALSO 14 Stocks on Jim Cramer’s Radar: Nokia, Cameco, and AI Stocks’ Dip and Jim Cramer’s 23 Stocks: Arm, QXO, and the Market’s Biggest Threat

Cramer added that it is a strange turn compared to the past, when companies like Amazon, Alphabet, Microsoft, and Meta would have been seen as unstoppable growth engines. He said that now growth is increasingly tied to businesses operating in areas where supply is limited. He mentioned that artificial intelligence does not fall into that category because it is widely available and rapidly expanding rather than constrained.

The bottom line is simple: The best tech these days is ironically old tech because we stopped building old tech, and it came back into vogue because it turns out that artificial intelligence needs some old tech, too. Now, the big guys can’t build enough. And with the exception of Google and Amazon, there’s not much else to say.

Our Methodology

For this article, we compiled a list of 20 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on April 29. 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 20 Stock Calls: Microsoft, SoFi, and Tech Earnings Recap

20. Starbucks Corporation (NASDAQ:SBUX)

Starbucks Corporation (NASDAQ:SBUX) was among Jim Cramer’s stock calls on Mad Money recently as he recapped mega-cap tech earnings. Cramer called the company’s latest quarter a “home run,” as he commented:

Last night, the once bedraggled Starbucks reported and beat the numbers and raised the forecast. The quarter was a home run. But the analysts were surprisingly muted, talking about disappointing margins and a guidance boost that seems too small given the dramatic increase in same-store sales. I think they got it all wrong, and the market clearly agrees with me, which is why Starbucks shot up more than 8% today. That’s a massive gain…

Brian knows that in order to pull off this kind of turn, you’re going to have to initially hurt your gross margins. He took them down to 10%, but they should bounce back to 13% soon. He told me this morning when I spoke to him on Squawk on the Street. And when they do, the naysayers will be forced to upgrade… Once Brian gets these margins in the right place, which he will, this stock will become cheap, cheap, cheap… Has Starbucks, the stock gone up too far, too fast? Oh, maybe for today, but Niccol’s a long may she reign character, and that’s exactly what I think will happen with the stock of Starbucks.

Starbucks Corporation (NASDAQ:SBUX) sells coffee, tea, and other beverages, as well as food products, through its stores and licensed outlets. The company’s brands include Starbucks Coffee, Teavana, Ethos, and Starbucks Reserve.

19. Fermi Inc. (NASDAQ:FRMI)

Fermi Inc. (NASDAQ:FRMI) was among Jim Cramer’s stock calls on Mad Money recently as he recapped mega-cap tech earnings. Toward the end of the lightning round, when a caller asked about the stock, Cramer said:

Now that is one that I can’t bless at all. That seems not even like a science project; it’s more like a kind of science drive-by. I don’t want you in that stock.

Fermi Inc. (NASDAQ:FRMI) is developing large-scale next-generation electric grids designed to power advanced artificial intelligence. The company’s planned campus will integrate nuclear, natural gas, solar, battery storage, and utility power to deliver highly redundant gigawatt-scale energy. During the March 6 episode, a caller asked whether the company’s stock was a buy, sell, or hold, and Cramer replied:

This is really hard. It’s a really speculative stock, and so I’m just going to be really blunt, and I’m going to tell you I want you to sell it… Just sell it, okay? I just don’t like it, and I always feel so, I know that sounds very harsh, but I think it’s a loser. Was a loser from the day it came public, even as I like the people who are involved. Ouch.

18. MP Materials Corp. (NYSE:MP)

MP Materials Corp. (NYSE:MP) was among Jim Cramer’s stock calls on Mad Money recently as he recapped mega-cap tech earnings. A caller asked for Cramer’s opinion of the stock, and here’s what he had to say:

Oh, I like it very much. It’s the only one in that whole area I really bless because they’ve got the government’s backing, and they have really good, solid management, and they’re doing just a huge number of good things. So I say yes to that one.

MP Materials Corp. (NYSE:MP) produces rare earth materials and magnetic precursor products through its mining and processing operations. A caller asked about the stock during the April 15 episode, and Cramer responded:

Alright, I like MP Materials. I know a lot of people feel it’s already run, but I’ve gotta tell you, they have the critical materials that we need, and it’s only worth $10 billion. That doesn’t make any sense to me. It’s got a bottom on it because the government basically gave you a bottom. I just say I want you, just hold on to it, okay?

17. Flagstar Bank, National Association (NYSE:FLG)

Flagstar Bank, National Association (NYSE:FLG) was among Jim Cramer’s stock calls on Mad Money recently as he recapped mega-cap tech earnings. A caller asked if the stock is a buy, sell, or hold, and Cramer replied:

I know Flagstar Bank. I’m going to give you a hold, and I’ll tell you why I’m just going to give you a hold. There’s nothing special. It’s not making all that much money. Doesn’t have that big a dividend. It’s just like, eh, I don’t like “eh”. No reason to buy it.

Flagstar Bank, National Association (NYSE:FLG) provides personal and business banking services, including deposit accounts, insurance products, and online banking. The company also offers lending options, such as commercial, real estate, and specialty finance loans. Black Bear Value Fund stated the following regarding Flagstar Bank, National Association (NYSE:FLG) in its Q1 2026 investor letter:

Flagstar Bank, National Association (NYSE:FLG) increased by ~5% in Q1. Flagstar Financial is the former New York Community Bank (a mashup of Flagstar Bank, New York Community Bank and assets from Signature Bank). Like our past SHORT investments in Silicon Valley Bank and First Republic, FLG had a hole in their balance sheet (from soured multifamily and office real estate vs. long-duration securities). That is where the similarities end.

FLG raised over $1BB in additional capital, led by former Treasury Secretary Steven Mnuchin. They revamped the management team and brought in a superstar CEO in Joseph Otting who successfully turned around OneWest Bank post GFC (formerly known as IndyMac Bank). Mr. Otting and his team are my kind of managers – they are plain-spoken, hardworking and plan for the worst while hoping for the best… (Click here to read the full text)

16. Applied Digital Corporation (NASDAQ:APLD)

Applied Digital Corporation (NASDAQ:APLD) was among Jim Cramer’s stock calls on Mad Money recently as he recapped mega-cap tech earnings. When a caller mentioned that they are “knee-deep” in the stock, Cramer rejoined:

Yeah, but the problem there is that you’ve got a stock that is making no money in a market where many people are making money, and people are switching from the losers to the winners. I’m going to say no to Applied Digital.

Applied Digital Corporation (NASDAQ:APLD) designs, builds, and operates data centers that support high-performance computing and AI workloads. A caller asked for Cramer’s opinion on the stock during the March 25 episode. In response, he said:

You get high-growth digital infrastructure, and I think it’s a very good situation. A lot of people like Applied Digital in the business, and I think they’re good.

15. Ciena Corporation (NYSE:CIEN)

Ciena Corporation (NYSE:CIEN) was among Jim Cramer’s stock calls on Mad Money recently as he recapped mega-cap tech earnings. Answering a caller’s query about the stock, Cramer remarked:

No, don’t need to… That one got away. That was Gary. He did an incredible job. If it came back down, I mean, in fairness, it went up to $527, it’s come down to $475. But… it’s up 100% and… People talk about this Rule of 40 they love. I think up 100%’s a little bit too hot for me, so I’m going to have to hold off. Boy, I remember when I bought that thing at the end in 1999. I crushed it.

Ciena Corporation (NYSE:CIEN) builds networking equipment, including optical systems, routers, and switches, and provides software to manage and automate networks. While discussing Q1 winners and losers during the April 1 episode, Cramer mentioned the company and stated:

Going further down the list, the eighth-best performer, Ciena, is, it’s in the same boat. It’s another fiber optic play that’s up 66% thanks to a surging demand for networking from the data center. Ciena also returned to its place in the S&P 500 back in February. As long as we keep building these things, they’re going to need companies like Ciena. So again, you see the pattern that I’m concerned about?

These stocks just came right back today, and they provided the leadership for today and then the last day of the quarter. Here’s the problem. We know how bad the last quarter was, right? So therefore, we know these don’t have a lot of followers, and they don’t have a lot of followers even today.

If you wish to read Jim Cramer’s comments regarding the notable names in the first quarter, please visit Jim Cramer’s 19 Stock Q1 Recap: S&P 500 Winners vs. Nasdaq 100’s Worst Performers.

14. Monarch Casino & Resort, Inc. (NASDAQ:MCRI)

Monarch Casino & Resort, Inc. (NASDAQ:MCRI) was among Jim Cramer’s stock calls on Mad Money recently as he recapped mega-cap tech earnings. When a caller asked about the stock during the lightning round, Cramer said:

You know something… I do not know that casino. I have cooled on many of the casino stocks. I think I should check out Monarch. I am going to go to Ben Stoto after this, research director, and we’re going to figure out why this stock has had just such an amazing run because, boy, I need a new name after Wynn, really not working out anymore.

Monarch Casino & Resort, Inc. (NASDAQ:MCRI) owns and operates hotel and casino properties in addition to dining venues, including fine dining steakhouses, international kitchens, and casual eateries.

13. SoFi Technologies, Inc. (NASDAQ:SOFI)

SoFi Technologies, Inc. (NASDAQ:SOFI) was among Jim Cramer’s stock calls on Mad Money recently as he recapped mega-cap tech earnings. Cramer noted the stock’s sell-off,  as he said:

What… just happened to the stock of SoFi Technologies, the preferred digital bank of the younger generation? Here’s a stock that’s had an incredible run, going from $8 and change at its post-Liberation Day lows a year ago to $32 and change last November. As a long-time SoFi bull, and everybody knows that, I felt the move was vindication. But then, the stock started rolling over again, selling off as part of the broader AI displacement meltdown.

I think that’s crazy. This is a bank, for heaven’s sake. You can’t have Claude vibe code you a bank. As of yesterday, though, SoFi had pulled back to $18 when it reported this morning. The results were mostly in line, but the guidance for the current quarter was disappointing. In response, the stock plunged more than 15% today. Perhaps, that’s excessive.

SoFi Technologies, Inc. (NASDAQ:SOFI) provides lending, banking, investment, and insurance services through digital platforms. The company offers personal, student, and home loans, cash management, investment tools, credit cards, and financial wellness products.

12. AT&T Inc. (NYSE:T)

AT&T Inc. (NYSE:T) was among Jim Cramer’s stock calls on Mad Money recently as he recapped mega-cap tech earnings. Inquiring about the stock, a caller mentioned they have held it for some time and are considering selling. Cramer replied:

Look, I like growth, and I like income. It gives you the income, but the growth side is not there. You know, honestly, I mean, if you wanted to own a stock that had growth and income, I would prefer you own a master limited partnership, some of those ones that have done really well during the war, that did really well before the war. I’m thinking about Enterprise Products or ONEOK. Why not go buy ONEOK? Swap out of that and go into ONEOK, and I’ll feel a lot better about it.

AT&T Inc. (NYSE:T) provides telecommunications and technology services, including wireless communications, broadband, and internet solutions. A caller asked for Cramer’s thoughts on the stock during the October 31, 2025, episode, and he responded:

I’ll tell you there’s a real scrum going on with AT&T, Verizon, and T-Mobile. I don’t want to get involved. It seems like there’s just too many crosscurrents. Let’s stay away from that.

Since the above comment was aired, the company’s stock has gained around 4%.

11. GE Aerospace (NYSE:GE)

GE Aerospace (NYSE:GE) was among Jim Cramer’s stock calls on Mad Money recently as he recapped mega-cap tech earnings. A caller sought Cramer’s opinion of the stock, and in response, he said:

I think you should buy it right here. Enough is enough. It’s been going down because people are worried about air travel. I think this is a maintenance stock now. There’s not as much travel, so there’s not as much maintenance as needed off the planes. That’s when you buy GE Aerospace, because otherwise it doesn’t come down. This is a good moment to buy GE. Actually, it was a really good quarter, by the way.

GE Aerospace (NYSE:GE) manufactures commercial and defense aircraft engines, power systems, and related components. In addition, the company provides maintenance, repair, and overhaul services along with spare parts for aviation and military applications. Cramer discussed the company’s recent earnings report on April 21, as he commented:

Let’s start with GE Aerospace, which reported first this morning and gave us an incredible set of numbers. Every key line was above expectations… Really, there wasn’t much to quibble with at all here. Demand is insatiable, and that’s true on both sides of the business. Management’s self-improvement plan, designed to fix supply chain issues and improve outputs, is paying immense dividends. While GE Aerospace’s operating margin declined a bit, that was expected. The actual numbers still came in above the estimates. I was expecting good numbers, but when I spoke to the CEO, Larry Culp, this morning, I was positively gushing with surprise. Oh my God, that backlog. But rather than rallying in response, the stock tumbled $16.87, 5.6%.

Why? Mostly because management decided not to raise their full-year forecast. With the types of beats that we saw for the first quarter and the fact that GE Aerospace has tremendous visibility into the future, a lot of people hoped they’d raise their forecast. I thought that was unrealistic… Raising your forecast after the first quarter would be an unusual move, especially given what’s happening in the world, right?… In the end, management reiterated every line of its full-year outlook, even as they also noted that they’re trending toward the higher end of these numbers. Plus, they clarified that the full-year forecast includes several negative assumptions about the global economy, like persistently high oil prices through the third quarter, a near-term impact from fuel shortages, and a reduction in global GDP estimates.

Basically, GE Aerospace gave us a pretty conservative forecast, so I’m not really sweating the fact that they didn’t give us a classic beat and raise quarter. You can read between the lines and understand that the company’s doing extraordinarily well, but management wants to be cautious about the future, given all the disruption that we’ve seen from the turmoil in the Middle East. Given how dramatically this stock sold off on a very good quarter, I’d be a buyer down here, and if it pulls back again, I think you should feel confident about buying more. I thought about putting it in the Charitable Trust bullpen today.

10. X-Energy, Inc. (NASDAQ:XE)

X-Energy, Inc. (NASDAQ:XE) was among Jim Cramer’s stock calls on Mad Money recently as he recapped mega-cap tech earnings. Cramer mentioned the stock during the episode and stated:

X-Energy is still in its early stages, but they have three big initial customers already lined up: Amazon, Dow, and Centrica… But if we’re talking about backers, I need to mention that X-Energy has a very good relationship with the Department of Energy dating back to December, 2020… So how about the numbers? While the company’s still very unprofitable, there are some positives here…Let’s talk valuation, which is very difficult to do to the extent that it means anything for a money-losing company like this one.

As I mentioned earlier, X-Energy came public with a bang… At this price, X-Energy is being valued at around $12 billion. It’s hard to say whether that’s a good or bad price, given that we’re at least a year away from substantial revenues and maybe years away from profits. Understand this is obviously a very speculative position I’m talking about. You can only buy a stock like this with money that you can afford to lose. It’s high risk. But if X-Energy does pan out and become a major player in America’s nuclear energy renaissance, then it is going to be a high-reward stock. It’s the kind of stock I recommend in How to Make Money in Any Market because you know I’m pro-smart speculation. I think everyone should own one speculative stock. Maybe this is for you…

So here’s the bottom line: If you feel compelled to speculate on something connected to nuclear power, then I think X-Energy is the way to go. Just remember that it’s still insanely speculative. And if certain things happen, say interest rates spike or AI data center construction boom slows down, or there’s some sort of kind of like a regulation setback about nukes, then this stock will be crushed. But barring those terrible outcomes, I like X-Energy as long as you’re comfortable with the risk. Again, though, buy it with the money that you’re prepared to lose. But by all means, buy it if you’re really hung up on nuclear power.

X-Energy, Inc. (NASDAQ:XE) designs and develops nuclear reactor technology, including the Xe-100 reactor capable of generating both electric power and thermal output. In addition, it manufactures nuclear fuels.

9. Brinker International, Inc. (NYSE:EAT)

Brinker International, Inc. (NYSE:EAT) was among Jim Cramer’s stock calls on Mad Money recently as he recapped mega-cap tech earnings. Cramer highlighted the market reaction following the company’s earnings report, as he remarked:

This morning, we got one of those better-than-feared quarters from Brinker International, parent of Chili’s and Maggiano’s, and that was enough to send the stock up double digits. I love that. While it’s still down from its early 2025 highs, investors were braced for a disaster somehow, and instead they got just a real good number.

All of January was soft because of bad weather. Then February and March were much stronger. I love that, what’s known as cadence. Plus, management raised the low end of their full-year earnings forecast. Stock had sold off hard going into the quarter on worries about rising costs and state of the consumer. So these numbers were enough to send it flying. Management also said, April’s off to a strong start. So I bet you we’re going to get some analysts saying good things tomorrow.

Brinker International, Inc. (NYSE:EAT) owns, operates, and franchises casual dining restaurants under the Chili’s Grill & Bar and Maggiano’s Little Italy brands.

8. Viking Holdings Ltd (NYSE:VIK)

Viking Holdings Ltd (NYSE:VIK) was among Jim Cramer’s stock calls on Mad Money recently as he recapped mega-cap tech earnings. A caller asked if they should trade the stock or stay put. Cramer replied:

We do not trade Viking Holdings. We think that Viking Holdings with Torstein Hagen is about as good as it gets. We spent a lot of time with Tor the last time when he was in New York. And let me just say this, that one, $78 stock, it feels a lot like a hundred.

Viking Holdings Ltd (NYSE:VIK) runs passenger travel services and provides river, ocean, and expedition cruises. Cramer called it his favorite during the episode aired on December 11, 2025. The Mad Money host commented:

Finally, as I looked over the S&P 500’s top gainers today, I noticed that three of the top five gains came from major cruise line companies. I thought this strange. Royal Caribbean, Norwegian Cruise Line, Carnival, all up about 6%. But that again is part of what you buy after a Fed cut if you think the consumer’s better than you think. Let’s also not forget about Viking Holdings, the river cruise company that’s not included in the S&P 500. That is my favorite. Viking’s held up much better than the three majors this year because it’s more focused on older, wealthier travelers. The whole group’s been roaring for the past couple weeks, in part because everyone recognized that the Fed is still our friend and the shutdown didn’t really matter.

7. Domino’s Pizza, Inc. (NASDAQ:DPZ)

Domino’s Pizza, Inc. (NASDAQ:DPZ) was among Jim Cramer’s stock calls on Mad Money recently as he recapped mega-cap tech earnings. When a caller asked about the stock, Cramer was quick to say:

I gotta tell you, man, I happen to love Russell Wiener. I think he’s terrific, but boy, they missed the quarter. And when I read over the conference call, I just didn’t find anything that made me feel that this is the level. I couldn’t say this is the level because I got other restaurateurs doing incredibly well. I got Starbucks doing well, and I’ve got Kevin Hochman at Brinker doing incredibly well… By the way, Yum was good, but they’re, you know, they’re getting out of pizza. But no, no, it wasn’t good, and I don’t want it for the yield.

Domino’s Pizza, Inc. (NASDAQ:DPZ) operates and franchises pizza restaurants under the Domino’s brand that sell pizzas, sides, sandwiches, pastas, and desserts. Discussing the company on December 17, 2025, Cramer said:

Fifth buyback monster, it’s another household name. It’s Domino’s Pizza… [It] has shrunk its share count by 38.2% since the end of 2015. That’s a lot. Domino’s is no longer the massive outperformer that it was from 2010 through 2021. The stock’s been pretty choppy for the past five years or so. But you know what? I think Domino’s can win in this current moment because it offers great value at a time when that’s what consumers care most about. We had CEO Russell Weiner on the show in October, and after he delivered a strong set of numbers, I thought he sounded very confident in the future. I believe him. I think it’s a buy now.

6. Microsoft Corporation (NASDAQ:MSFT)

Microsoft Corporation (NASDAQ:MSFT) was among Jim Cramer’s stock calls on Mad Money recently as he recapped mega-cap tech earnings. While Cramer mentioned that the stock can be considered “cheap,” he said:

And finally, there is Microsoft, and I don’t know what to say. I thought they would have something more to say than they did. Maybe you can consider it cheap, but it’s software. Hey, by the way, if I really wanted cheap, throw a dividend yield in there, and I’ll buy Ford Motor.

Microsoft Corporation (NASDAQ:MSFT) develops software, hardware, and cloud-based solutions. The company provides products like Windows, Azure, Office, LinkedIn, and Xbox. Presenting his game plan just last week, Cramer had hopes for the company’s quarter as he said:

Let’s go to Wednesday. Wednesday is about as consequential as any day I’ve ever seen in my career… After the close, where do I begin? We have Microsoft, which I think can surprise us with a spectacular data center number, even as I’m betting demand for Copilot remains not-so-hot. Microsoft’s been doing buyouts. We need to find out what that’s all about.

Click to continue reading and see Jim Cramer’s 5 Stock Calls: Alphabet, Amazon, and Tech Earnings Recap.

Disclosure: None. Follow Insider Monkey on Google News.