May 6, 2026 · 44 min
Cramer bets on AI infrastructure as software stocks weaken
Mad Money w/ Jim Cramer 5/6/26
The episode tests whether continued data-center spending can outweigh software weakness while highlighting corporate turnarounds and a revised view of Meta.
- 1Cramer argues that booming AI and cloud demand will keep drawing capital into data-center infrastructure.
- 2CVS Health and Kraft Heinz present contrasting turnaround strategies built on execution, pricing, brands, and portfolio discipline.
- 3Solstice Advanced Materials offers exposure to semiconductor demand, data-center cooling, nuclear power, defense, and health-care packaging.
Don't miss
David Sewell explains how Solstice Advanced Materials is positioned across data-center cooling, semiconductor materials, and the nuclear supply chain.
The brief
Cramer opens by challenging the idea that AI infrastructure stocks have already run too far, arguing that cloud and AI demand still requires massive data-center investment.
The episode then turns to software weakness and the market’s apparent denial, with Cramer maintaining that customers will continue funding the infrastructure behind AI and cloud services.
CVS Health CEO David Joyner discusses repairing Aetna, improving pricing and execution, reducing health-care friction, and repositioning CVS as a health-solutions company.
Kraft Heinz CEO Steve Cahillane outlines a strategy that shifts beyond cost cutting toward brand investment, affordability, innovation, and health-and-wellness priorities.
Solstice Advanced Materials CEO David Sewell makes the specialty-materials company’s case across semiconductors, data-center cooling, nuclear power, defense, and health-care packaging.
Cramer closes by calling Thermo Fisher attractive at its current valuation and acknowledging that his earlier criticism of Meta was overly harsh.
What was said on this episode
46 statements · 40 positive · 4 negative · 1 mixed · 1 neutral
The computing AI revolution may be the greatest trend of our lifetimes
“the computing AI revolution represents perhaps the greatest single trend of our lifetimes”
Listen at 2:07
Amazon is winning substantially from AI infrastructure investment
“Amazon is winning and it's winning big”
Listen at 4:24
Cramer judged the AMD downgrade to be fanciful and incorrect
“I told you I thought it was fanciful and would be wrong.”
Listen at 6:24
Building data centers will attract customers
“if you build it, They really will come.”
Listen at 8:52
Cramer will not recommend software stocks currently
“I'm not going to push anything that's software.”
Listen at 10:14
Aetna has improved for five consecutive quarters
“what you've seen, in large part, this past quarter has been what is now five quarters of improvement in the Aetna business”
Listen at 12:51
CVS Health's Medicare Advantage product exceeded expectations
“It's been able to deliver, again, above our expectations for that Medicare Advantage product.”
Listen at 13:54
CVS Health is redesigning its consumer healthcare experience
“we have spent a lot of time in our organization trying to rethink and reimagine what a consumer experience would be like”
Listen at 14:28
CVS Health has transformed into a health-solutions company
“we became a health solutions company”
Listen at 16:01
CVS Health can manage total care costs and improve healthcare experience
“we have all the assets to be able to manage the total cost of care and ultimately make the health care experience better”
Listen at 16:13
Most CVS pharmacy customers still choose in-person visits
“the consumer, on the vast majority of the occasion, still chooses to come into our pharmacy”
Listen at 17:56
CVS Health is launching the Health 100 app
“we are actually launching Health 100, which is our new app”
Listen at 18:42
AI combined with interoperability will transform healthcare service delivery
“we think there is going to be a transformation when you combine AI and the interoperability to serve our consumers more effectively”
Listen at 19:49
CVS Health stock is cheaper after earnings growth
“I would argue that it's cheaper.”
Listen at 20:12
Kraft Heinz brands can grow again with focused investment
“Outstanding brands, been underinvested, and with investment focus, attention, good customer plans, good consumer plans, that they can grow again.”
Listen at 21:47
Kraft Heinz underinvested in brands and failed to grow revenue sufficiently
“There was not enough investment put back in the brands to attend to the top line and grow the top line.”
Listen at 22:29
Berkshire Hathaway owns approximately 27 percent of Kraft Heinz
“They own almost around 27 percent of our stock.”
Listen at 22:41
Capri Sun electrolytes innovation could retain consumers
“we could actually... innovate to keep consumers with us”
Listen at 25:56
Kraft Heinz must ensure affordable entry-level price points
“we have to look at our whole price package architecture structure and say, do we have the right entry level price points?”
Listen at 27:26
Health, wellness, and clean-label products are important consumer trends
“health and wellness is a real trend. It's an important trend. Clean labels is a real trend. It's an important trend.”
Listen at 28:14
Kraft Power Mac contains 17 grams protein and seven grams fiber
“it really does have, you know, 17 grams of protein, seven grams of fiber”
Listen at 28:37
Cramer considers Kraft Heinz a winning investment
“this guy's a winner, so therefore, KHC's a winner”
Listen at 29:21
Solstice electronic materials, refrigerants, and nuclear businesses grew 21%, 19%, and 27%
“Electronic materials up 21 percent. Refrigerants up 19 percent. Nuclear business, which is all about making fuel, jump 27 percent.”
Listen at 30:32
Solstice Advanced Materials is optimistic about future growth
“we're really excited about the future”
Listen at 31:32
Solstice is accelerating expansions because demand is strong
“we're trying to accelerate that expansion because of the demand”
Listen at 32:00
Solstice operates the only U.S. uranium hexafluoride conversion site
“We have the only uranium hexafluoride converting site in the United States. One of four in the world, basically.”
Listen at 32:17
Solstice electronics business is experiencing significant growth
“The growth there has been significant.”
Listen at 32:59
Solstice refrigerant transition will pressure margins before aftermarket recovery
“we'd see a little bit of margin pressure until the aftermarket kicked in, which we'll start to see in the second half of this year”
Listen at 33:38
Solstice is well positioned for secular growth trends
“We are really at the forefront of these secular growth trends, and we're very well positioned.”
Listen at 34:15
Solstice is integral to the SMR uranium-conversion supply chain
“we're an integral part of that uranium conversion”
Listen at 35:41
Solstice is the only nuclear investment Cramer says can make money
“it is the only nuclear one that we've been saying can actually make money”
Listen at 36:12
Goldman Sachs will be a major winner in IPOs and M&A
“They're going to be the big winner. They're going to be the big winner in IPOs and an M&A bill”
Listen at 37:01
Taiwan Semiconductor has more business than it can handle
“They have more business than they can handle.”
Listen at 37:28
D-Wave is Cramer's preferred quantum-computing stock
“if you want to do Quantum, D-Wave is the one that I identified as being the best”
Listen at 38:16
Cramer recommends buying Thermo Fisher at 19 times earnings
“I think you can buy it at this level. I know at 19 times earnings, I'm surprised it is that cheap.”
Listen at 38:52
Meta grew 33% last quarter, its fastest growth in five years
“Meta had 33% growth in the last quarter. That's the fastest pace in five years.”
Listen at 39:50
Meta has 3.5 billion daily active users
“Meta has 3.5 billion daily active users.”
Listen at 40:07
Meta is adding data centers with nearly $150 billion in capital expenditure
“They're adding some gigantic data centers with a CapEx budget that's approaching $150 billion”
Listen at 40:11
Cramer recommends buying Meta stock
“I think it's time to stop worrying and start buying.”
Listen at 40:45
Arista's multi-year excess demand is a favorable problem
“I think having more demand than you can handle for multiple years is a pretty high-quality problem”
Listen at 41:42
Cramer believes Arista's CEO will solve supply constraints
“I think that Jay Shree will solve this.”
Listen at 41:47
Cramer recommends buying Arista Networks
“Time to buy.”
Listen at 41:56
Shopify reported 34% revenue growth
“The company just reported outstanding 34% revenue growth”
Listen at 42:13
Shopify remains a leading platform choice for startups
“Shopify is the same fabulous company, the first choice for so many startups”
Listen at 42:30
Investors should buy Shopify when its stock is depressed but business remains strong
“You want to buy it when the stock's ice cold, yet the business remains very good.”
Listen at 42:40
Investors should not dismiss Meta, Arista, or Shopify
“you write off Meta, Arista and Shopify at your own peril”
Listen at 43:06
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
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