Sep 8, 2026 · 44 min
Cramer looks beyond data centers for the next market winners
'Mad Money w/ Jim Cramer 9/8/26
The episode tests how investors should balance AI exposure, company-specific risks, diversification, and a market crowded with stocks.
- 1Cramer prefers Dell over Supermicro for AI exposure, citing Supermicro’s accounting concerns despite its momentum.
- 2Matt Murphy presents Marvell’s AI connectivity business, Nvidia partnership, and hyperscaler relationships as central growth drivers.
- 3A fantasy football draft becomes a portfolio lesson, while Cramer argues faster consolidation could strengthen an oversupplied market.
Don't miss
Matt Murphy explains how Marvell combines Nvidia and hyperscaler relationships with custom silicon and optical connectivity to serve the wider AI ecosystem.
The brief
Jim Cramer opens by looking beyond data centers, using GE Aerospace’s acquisition of a defense and aircraft-supply-chain business to frame the case for industrial opportunity and consolidation.
On Supermicro versus Dell, Cramer acknowledges Supermicro’s momentum but points to accounting concerns and favors Dell as the more attractive AI-related investment.
A fantasy football draft turns portfolio construction into a roster exercise: Apple becomes the quarterback, while different stocks fill positions across sectors and risk profiles.
Marvell CEO Matt Murphy describes stronger-than-expected revenue and margins, the Nvidia partnership, custom silicon, optical connectivity, and relationships with Amazon and other hyperscalers.
The episode closes with rapid-fire stock calls and a broader argument that faster acquisitions could address an oversupply of stocks, with GE Aerospace as a positive example.
What was said on this episode
41 statements · 29 positive · 11 negative · 1 neutral
GE Aerospace’s acquisition will quickly pay off and support faster production.
“This acquisition will pay off quickly for GE, making it more likely that they can accelerate production.”
Listen at 2:31
GE’s acquisition is beneficial for Boeing’s production speed.
“This is also good news, therefore, for Boeing, a huge customer of GE that needs to boost its production speed.”
Listen at 2:37
Boeing’s Spirit Aerosystems acquisition problems are now behind it.
“the problems from the spirit deal are now behind them.”
Listen at 3:12
Higher fuel prices increase the value of fuel-efficient aircraft and engines.
“the higher price of fuel also makes these new engines and airplanes far more valuable than before. Why? They're way more energy efficient.”
Listen at 3:26
Robinhood has a dominant position among younger customers.
“Robinhood owns the youth market.”
Listen at 3:54
Affirm will report strong results through year-end and the holiday season.
“I think you'll see great numbers right through the end of the year, holiday season.”
Listen at 4:40
Medtronic’s diabetes division is unattractive amid rising GLP-1 use.
“I don't want to be in a diabetes division in a world where GOP-1s are ascended.”
Listen at 5:08
Valero and Marathon are attractive while the Iran war continues.
“As long as the war with Iran drags on, it's easy to recommend the refiners like a Valero or a Marathon.”
Listen at 5:22
Diversifying away from data-center stocks may improve returns over two months.
“if you diversify away from many things data center, not all, many, I think the next two months will be a happier, more lucrative time for you.”
Listen at 7:19
Investors should sell several data-center stocks into strength.
“I think you'd hear me recommend selling quite a few data center stories right into strength.”
Listen at 7:30
Cramer cannot recommend Super Micro Computer.
“I cannot recommend it.”
Listen at 8:20
Dell is a better investment than Super Micro Computer.
“I think Dell's better than Supermicro, and I am sticking by that.”
Listen at 8:26
Cramer’s eleven stock picks gained over 31% on average, beating the S&P 500.
“of the 11 stocks I picked last year, they're up more than 31 percent on average, trouncing the 18 percent gain in the S&P 500 of the same period.”
Listen at 10:30
Apple is less risky than the other Magnificent Seven companies.
“To me, that makes Apple a lot less risky than the other members of the Magnificent Seven.”
Listen at 11:16
Nvidia is on track for 70% revenue growth next year.
“NVIDIA is still on track to put up 70% revenue growth next year.”
Listen at 12:20
Medline could compound over the long term.
“I think Medline could be a long-term compounder.”
Listen at 14:07
Palantir can outperform most stocks when its business is working.
“When it's working, though, there are a few stocks better than Palantir.”
Listen at 15:14
Amazon Web Services is performing exceptionally well.
“Amazon Web Services business is on fire.”
Listen at 15:43
Dell Technologies benefits from exceptionally strong demand for AI services.
“I love that kid. Finally, I like Dell Technologies for a wide receiver spot, riding a wave of insatiable demand for its AI services”
Listen at 16:13
Hinge Health provides telemedicine for musculoskeletal conditions.
“Hinge Health is effectively telemedicine for musculoskeletal issues.”
Listen at 18:21
Hinge Health is cheaper and more convenient than traditional physical therapy.
“Employers and managed care companies pay for their services for their employees and members because it's much cheaper than traditional physical therapy and much more convenient for patients.”
Listen at 18:25
Hinge Health is on track for nearly 50% revenue growth this year.
“Hinge Health is on track to put up nearly 50 percent revenue growth this year”
Listen at 18:38
Merck performs adequately even during economic downturns.
“Merck's inherently defensive in nature. It does fine even in a bad economy.”
Listen at 21:28
Chevron can deliver strong returns when oil prices rise.
“Chevron can give you great returns.”
Listen at 22:41
Lululemon’s stock can fall substantially further.
“I don't like it even right here because it's still got a lot of points that it can fall.”
Listen at 24:25
Lululemon will not achieve its stated earnings expectations.
“I don't think it's going to make those earnings.”
Listen at 24:33
Marvell’s customers want strategic partnerships and shared success.
“what it really says at a high level is we have customers that want to partner with Marvel. And they want to be part of our success.”
Listen at 31:43
Marvell has meaningful relationships with all four major hyperscalers.
“We have meaningful relationships with all the big four hyperscalers.”
Listen at 33:35
Marvell is the market leader in optical connectivity.
“On optical connectivity, we are the market category leader.”
Listen at 33:42
Marvell works broadly across the AI hardware market without allegiance to one platform.
“we are basically the Switzerland of this entire market right now. We work with everybody.”
Listen at 34:26
Joby Aviation is unattractive because it is losing substantial money.
“I've been against Joby because it's losing a lot of money, and I'm going to stick with that position.”
Listen at 36:46
Reliance Steel is an excellent company.
“RS is terrific.”
Listen at 37:06
Simon Property Group and Federal Realty are excellent investments.
“Simon Properties, 4.25% yield. It is so great. I'll give you two. I also like Federal Realty. Both of them are excellent.”
Listen at 37:35
Grab Holdings is a highly speculative $3 stock with downside risk.
“I think it's a $3 spec. Remember, stocks do stop at zero.”
Listen at 38:17
Investors should buy Trinity Industries after its pullback.
“I would pull the trigger.”
Listen at 38:54
Cramer will not invest in AstraZeneca.
“I am not going to put my money on AstraZeneca.”
Listen at 39:21
The stock market needs faster consolidation through more deals.
“This market needs some consolidation, and we need it fast.”
Listen at 40:10
Large amounts of SpaceX stock will become tradable over the next year.
“over the next year, we're looking at massive amounts of stock coming off the sidelines here.”
Listen at 41:09
Anthropic could have a very large initial public offering.
“it could be a gigantic IPO.”
Listen at 41:40
Investors will sell other stocks to fund participation in an Anthropic IPO.
“investors will sell all sorts of other stocks in order to raise money to participate.”
Listen at 41:42
Excess stock supply and insufficient cash can halt a bull market.
“nothing stops a bull like too much new stock supply and not enough spare cash to handle it.”
Listen at 43:42
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.