During the most recent episode of Mad Money, which aired on Wednesday the 29th of May, Jim Cramer once again emphasized that artificial intelligence is not being taken seriously enough by the public or investors—even as it quietly reshapes the foundations of industry and labor:
“Every time I think that we are overstating the impact of artificial intelligence, something comes along that tells me we aren’t making enough of it on the show. […] If you want to know what’s going to happen in the future — not the near future like next week or tomorrow, but next year and beyond — then I think you must factor in artificial intelligence.”
“We need to know what percentage of people will be replaced by Agent — robot agents mastered by Salesforce. […] Will [Nvidia’s chips] let us all drive hands-free everywhere? Will they allow us to have robots at home and at work doing the jobs that would have previously been done by humans?”
READ ALSO: Was Jim Cramer Right About These 11 Stocks? and Jim Cramer Nailed These 11 Stock Predictions.
He closed with a darkly humorous warning about the long-term consequences of automation, leaving viewers with one final question: will Mad Money someday be hosted by an algorithm?
“Let’s see if the agents can do our jobs better than we can. Let’s see if we’ll even play a role in our own world or whether human workers will become obsolete and we’ll all just watch TV all day. Maybe Mad Money. I just hope it’s still the real Jim Cramer rather than my AI replacement in California.”
Our Methodology
For this article, we compiled a list of 11 stocks that were discussed by Jim Cramer during the Mad Money episodes that aired between the 21st and 24th of May 2024. We then calculated their performance for the past 12 months, until May 23rd, 2025, market close. We have also included the hedge fund sentiment for the stocks, which we sourced from Insider Monkey’s Q1 2025 database of over 900 hedge funds. The stocks are listed in the order that Cramer mentioned them.
Please note that this article mentions Jim Cramer’s previous opinions and may not account for any changes to his opinions regarding the stocks that are mentioned. It is primarily an examination of how his previously provided opinions have panned out.
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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
11. Target Corporation (NYSE:TGT)
Number of Hedge Fund Holders: 62
In an older segment, Jim Cramer revisited Target Corporation (NYSE:TGT) following its earnings, where the company posted inline results that disappointed the market. Cramer acknowledged Target’s strong retail legacy, but noted that it had lost momentum relative to its peers:
“Target always gave us better same-store sales growth and more exciting stories of consumer enthusiasm. Now though, you know what? The shoe is actually on the other foot. Walmart’s crushing it with much better-than-expected store numbers while Target’s putting up largely inline results — which is not enough to do the job. […]
Don’t get me wrong, Target is a terrific company. It didn’t miss its numbers — it’s fun to shop at. But in the end it’s become a meaningful domestic enterprise while Walmart’s become an international colossus. I actually think Target’s setting itself up for a good second half and its stock might be a buy if it settles down.”
Cramer was wrong here as Target fell 34.71% over the year. The discount retailer Target Corporation (NYSE:TGT) is working to stabilize its margins and drive traffic through aggressive price cuts and expanded private label offerings.
Following the retailer’s latest earnings report, on the 21st of May, Cramer shared his thoughts on the stock and what the way forward for Target is:
“Right but Brian was very upset. Wanted to do much better. Recognizes that frankly that his prices might be too high. Has to discount more. . .look, let’s just call it. It was a bad quarter. Now I know when I pressed him on these DEI issues when there was backlash, he did not say there was. And I just went back and asked about the conference call that they just did with reporters and again, he’s just insisting that it’s not really, it’s not, just not mentioning it as being a factor. I find that, surprising. But David, the problem with Target I think, and I’m gonna come back. . .is scale.
“They did buy back a lot of stock. . . they must have had much more faith than the street. You know they bought back 2.2 million shares at a 114 dollars a share. I would have never done that. Plays down any backlash from DEI. But the most important thing here, Carl, I just find is, this has been a, become a typical thing that Target has become a serial disappointer.
“I am questioning, how well it’s doing. It’s not big enough. They’re not opening a lot of stores, it’s part of urban strategy that seemed just okay. There were issues even, you know, off of George Floyd, but they recovered very quickly. . . .But I think that that’s more, if you might show some others, yeah Walmart’s really good too, TJX is really good too.
“Go look at the prices, when I. . .would walk with Brian through a Target store, I said this is too high, this is too high, this one’s too high. Where is the 2019? How about 2019 prices? I know that right now Walmart’s got some 2019 prices.
“Look, when you put up a chart of Dollar Tree, Dollar General, not Dollar Tree. Dollar General, I think that if Target can really lower price, you can have a kind of a conversion of. . .
“I’ve gone over this with Brian many times. I think everyone loves to go to Target. They’ve got those great brands that are their own. They have to cut price, cut price, cut price. They have no choice. They have to cut price.