Jim Cramer’s Game Plan: 5 Stocks to Watch, Including Dell and NVIDIA

In this article, we will look at Jim Cramer’s Game Plan: 5 Stocks to Watch, Including Dell and NVIDIA. Please visit Jim Cramer’s Game Plan: 25 Stocks to Watch, Including Broadcom and CrowdStrike, if you’d like to see the extended list and methodology behind it.

5. Snowflake Inc. (NYSE:SNOW)

Snowflake Inc. (NYSE:SNOW) was among the stocks Jim Cramer was focused on, as he discussed Mad Money’s latest game plan for the week. Cramer discussed the company’s upcoming analyst day, as he commented:

The next day, we’ve got some market-moving tech news. We know after speaking to Sridhar Ramaswamy, the CEO of Snowflake, earlier this week that he’ll be hosting an analyst day on Tuesday, and I expect the stock’s phenomenal post-quarter rally, which continued by the way with today’s 7% gain, will roll on. Yes, it was that good a quarter, a real conversion from an enterprise software company with some artificial intelligence to a genuine AI company that stores data. The latter’s worth a lot more in this market than the former, as shareholders blessedly found out this week.

Snowflake Inc. (NYSE:SNOW) provides a cloud platform that helps organizations pull their data into one place so they can analyze it, build data apps, share information, and use AI to solve business challenges. Cramer made positive comments about the company’s earnings during the May 27 episode, as he stated:

We finally got some ironclad proof that AI displacement worries simply don’t apply to some software companies. Look at Snowflake. This company shot the lights out after the bell, reporting a 7-cent earnings beat off a 32-cent basis with higher than expected revenue, up 33% year-over-year. Their remaining performance obligation, up 38%. Their AI business in particular is booming. Even better, management gave very strong guidance for both the current quarter and the full year, which is why the stock is flying in after-hours trading… The stock is flying as it should be… Everybody should understand, this is one that has transversed where the software companies are going. It’s finally where the money is, and the growth is, and that’s what matters. Snowflake has it; I wish others did, too.