Nov 13, 2025 · 44 min
Cramer bets on the real economy beyond AI
Mad Money w/ Jim Cramer 11/12/15
The episode tests whether investors should diversify beyond data-center spending as travel, agriculture, manufacturing, and enterprise AI reshape the market.
- 1Cramer sees travel, agriculture, and manufacturing as potential beneficiaries of a rotation beyond data-center spending.
- 2Flutter’s prediction-markets plans broaden the debate over sports betting, regulation, and new forms of consumer finance.
- 3The Databricks discussion shifts AI from market narrative to practical automation, data management, drug discovery, and model training.
Don't miss
Ali Ghodsi turns the AI conversation toward ordinary enterprise tasks, multi-cloud data, drug discovery, and the practical limits of model training.
The brief
Jim Cramer opens by challenging a market centered on data-center spending, arguing that travel, agriculture, manufacturing, and other real-economy businesses may be ready to lead.
The stock calls move from Celsius and Deere to Flutter, where CEO Peter Jackson discusses FanDuel’s planned prediction-markets platform with CME and its reach beyond sports-betting states.
AMD’s OpenAI deal and Micron’s high-bandwidth-memory demand keep AI in focus, but the Databricks conversation emphasizes mundane automation, drug discovery, and managing data across clouds.
Ali Ghodsi’s Databricks discussion is the episode’s clearest bridge between AI hype and practical enterprise use, including model training and web-content rights.
The lightning round turns to Doximity, IREN, Boise Cascade, QXO, and Rigetti before Cramer explains why taxes, compounding, profits, and warning signs complicate every sell decision.
What was said on this episode
43 statements · 26 positive · 13 negative · 3 mixed · 1 neutral
A market dependent solely on data-center spending is vulnerable.
“A market that only goes higher because of data center spending is a powerless market.”
Listen at 0:39
Other sectors currently offer better opportunities than much of AI.
“there are better places to hunt for winners than the AI space, where many, not all, but many feel picked over.”
Listen at 0:53
Rotation into other groups indicates substantial market strength.
“The fact that instead we had a rotation to lots of other groups show you this market has tremendous strength.”
Listen at 1:39
Ending the government shutdown will halt travel-stock price-target cuts.
“The end of the shutdown will stop. The price target cuts right in their tracks.”
Listen at 2:11
Cruise lines and hotels may gain similarly as travel stocks recover.
“When we see these travel stocks come back to life, you can expect similar gains from the cruise lines and the hotels.”
Listen at 2:18
American Express’s all-time high creates scope for price-target increases.
“you believe this stock's already at an all-time high today? That's perfect because everyone likes a good price target boost.”
Listen at 3:00
Boeing is recovering in terms of cash flow.
“Boeing's making a comeback with its cash flow”
Listen at 3:29
Texas Roadhouse’s quarterly miss resulted from beef inflation, not weak traffic.
“Texas Roadhouse missed the quarter because of beef inflation, not because of traffic.”
Listen at 4:24
Chipotle’s promotion could revive its struggling stock.
“Chipotle? It's doing some rivalry week, buy one, get one college promotion. Perhaps that's the hook they need to breathe new life into one of the worst stocks in the world.”
Listen at 4:32
Analysts should recommend Starbucks.
“You can push Starbucks.”
Listen at 4:59
Investors should buy Darden Restaurants.
“So you need to go by OG parent, Darden.”
Listen at 5:10
Bank stocks are substantially undervalued relative to the broader market.
“the bank stocks are absurdly cheap versus the rest of the market.”
Listen at 6:31
Many deals will occur before year-end.
“I expect deals galore between here and the end of the year.”
Listen at 6:48
Repatha injections reduce cholesterol enough to help prevent heart attacks.
“It's every other week injection squelches cholesterol to a level where it helps prevent heart attacks.”
Listen at 7:03
Pfizer’s weight-loss acquisition places it in a highly lucrative business.
“Why not go by that? Pfizer, hey, getting in the most lucrative business in the world, weight loss with the acquisition of BetSara.”
Listen at 7:07
Investors should wait another quarter before buying Celsius.
“I think that we have to wait another quarter.”
Listen at 8:52
Real-economy stock rotation is supporting the market.
“the rotation of the stocks representing the real economy is keeping us afloat.”
Listen at 9:32
AMD shares rose 9% after its analyst meeting.
“AMD's stock shot up 9% today.”
Listen at 19:07
AMD’s targets are achievable if OpenAI fulfills its commitments.
“If you believe OpenAI will honor all of its commitments or can honor all of its commitments that it's made, the numbers are doable.”
Listen at 24:35
Investors can buy AMD shares despite their elevated price.
“I am more than comfortable telling you that even up here, you can buy her stock.”
Listen at 25:06
Micron’s current run rate will produce earnings surprises for at least one year.
“Micron right now is on a high-level run rate that is going to produce earnings for at least the next year that are going to surprise people.”
Listen at 25:49
Enterprise AI should focus on automating mundane tasks.
“what we really need is for the AI to do mundane tasks, kind of boring AI.”
Listen at 28:05
Databricks enabled AstraZeneca to process 400,000 medical records for trials.
“AstraZeneca was able to actually sift through 400,000 electronic medical records that then they used for clinical trials.”
Listen at 29:38
AI is contributing to drug discovery and disease research, though challenges remain.
“So it's actually helping drug discovery. It's helping actually working towards curing these things, but it will take, it's still a big challenge, but it is having a dent.”
Listen at 30:41
Databricks can adapt existing AI models to enterprise proprietary data.
“we can train these existing models to understand. to start operating on that proprietary confidential data they have within the enterprise”
Listen at 31:20
Databricks operates across all major cloud environments.
“Yeah, we're multi-cloud, so we exist on all of the clouds.”
Listen at 31:53
AI systems need broad data access to achieve useful intelligence.
“we also do need the AIs to have this intelligence. If the AIs can't train on all of the data, then they're going to be really dumb”
Listen at 33:10
Databricks will eventually become publicly traded.
“we will be public. Databricks will go public. I just don't know when.”
Listen at 34:15
Investors should wait rather than buy Doximity now.
“I want to wait on that one. I do not want you to buy it here.”
Listen at 35:31
Investors should sell half their IREN position.
“I say you'll never regret it. Take sell half of it.”
Listen at 36:10
Housing-related businesses are currently unattractive investments.
“Anything connected housing is just bad.”
Listen at 37:03
Even after Fed cuts, major homebuilders may be preferable to Boise Cascade.
“If the Fed cut rates I'd rather see in one of the major big box home companies than I would see Boise because Boise is too levered to only a certain part. of the food chain.”
Listen at 37:07
QXO’s roofing business is currently unattractive.
“I personally do not think the roofing business is that good.”
Listen at 37:47
Cramer is not recommending Rigetti.
“I'm not recommending Regetti, okay? I'm not. Period.”
Listen at 38:47
Investors should sell stocks to lock in profits.
“there's only one reason to sell a stock. You sell because you want to lock in your profits.”
Listen at 39:59
Cramer is reducing exposure to unprofitable companies due to historical crash risks.
“I'm backing away from the unprofitable ones because I saw what happened in 2007 and the dot-com collapse in 2000.”
Listen at 40:21
Oklo’s over-400% gain creates an opportunity to sell part of the position.
“this more than 400% move is giving you a terrific opportunity to ring the register on part of your position.”
Listen at 41:24
Cramer remains bullish on nuclear power.
“If you're still a big believer in nuclear power like I am.”
Listen at 41:35
Honeywell’s Solstice processing division is inexpensive.
“That's a cheap stock.”
Listen at 41:52
Rigetti remains up 85% year-to-date after its decline.
“Margetti's still up 85% for the year.”
Listen at 42:07
Rigetti’s declining revenue and losses do not make selling too late.
“That doesn't sound like it's too late to sell to me.”
Listen at 42:13
Oklo and Rigetti have experienced insider selling.
“Both Oklo and Rigetti have seen insider selling”
Listen at 42:33
IBM is a preferable quantum-computing investment because its commercial offering sells well.
“If you crave quantum computing in your portfolio, IBM has got commercial quantum. That's selling really well. Much better way to go.”
Listen at 43:04
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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