Oct 27, 2026 · 44 min
Cramer tests the data-center revival beyond AI
Mad Money w/ Jim Cramer 10/27/26
The episode weighs whether fresh AI financing can revive data-center stocks while industrial, aerospace, cybersecurity, and research risks complicate the trade.
- 1Anthropic financing revives the data-center debate, but Cramer argues investors must look beyond technology.
- 2Dover’s backlog, refrigeration business, and acquisitions offer a more diversified industrial growth story heading into 2027.
- 3Okta’s cybersecurity discussion and Cramer’s AI warning emphasize prevention, accountability, and primary-source research.
Don't miss
Rich Tobin explains how Dover’s refrigeration investments, backlog, and carryover benefits create visibility heading into 2027.
The brief
Cramer opens by asking whether Broadcom’s financing activity around Anthropic signals a return of the data-center trade, then cautions that investors cannot ignore the rest of the market.
A discussion of Micron’s AI exposure broadens into a portfolio question: strong semiconductor ties may matter, but volatility and concentration make technology an incomplete investment thesis.
Dover CEO Rich Tobin describes backlog strength, refrigeration and fueling businesses, newer growth platforms, and acquisitions that could provide visibility into 2027.
The episode turns to pressure on aerospace stocks, a SpaceX purchase question, and Okta’s warning about vulnerabilities, phishing, legacy systems, and malicious software agents.
Cramer closes with Lightning Round calls and a firm rule for AI-assisted research: use primary sources and reject tools when errors could mislead investors.
What was said on this episode
21 statements · 15 positive · 5 negative · 1 neutral
Anthropic’s IPO filing shows strong growth and substantial cash resources.
“Anthropic unveiled the S1 filing for its upcoming IPO, showing a private company with great growth, a ton of cash, with more coming from the offering.”
Listen at 2:40
Meta’s planned ATM equity issuance will pressure its stock lower.
“I am telling you will drag the stock lower”
Listen at 3:16
Cramer expects the data center trade to recover.
“I think it'll be back”
Listen at 3:56
Cramer views AI infrastructure expansion as a major industrial revolution.
“I am an unabashed believer in the AI build out, which I still consider to be the latest industrial revolution.”
Listen at 5:46
Micron’s stock trades in tandem with SK Hynix.
“whatever SK Hynix in Korea does, Micron does”
Listen at 8:22
Dover is positioned well whether the Fed raises or cuts rates.
“your company set up, you're set up regardless of the Fed raises rates by a half or cuts it”
Listen at 17:24
Higher fuel prices reduce airline profitability and cause route cancellations.
“When fuel prices are higher, airlines are less profitable and cancel routes that don't make sense financially.”
Listen at 18:14
Cramer expects aerospace to be a long-term winning sector.
“I still think this sector will be a secular long term winner.”
Listen at 24:38
Higher fuel prices and interest rates will not eliminate aerospace demand.
“The idea that higher fuel prices and higher interest rates will kill demand looks flat out wrong to me.”
Listen at 24:40
Cramer recommends buying GE Aerospace now.
“GE looks fine to buy now.”
Listen at 24:45
Cramer recommends buying aerospace stocks before their recovery balances out.
“I think you want to get in ahead of the balance.”
Listen at 27:29
Basic defenses can protect companies despite heightened AI-enabled cyber threats.
“any company that puts basic defenses in place like phishing resistant multi-factor and patches their system can be protected even in this new world”
Listen at 30:45
Distinguishing beneficial from malicious agents could create business and revenue opportunities.
“if the companies figure it out, they can open new types of business and get more revenue”
Listen at 32:55
Modern identity technology can prevent phishing attacks.
“We have the technology to prevent phishing attacks.”
Listen at 34:58
Microsoft is the worst offender in overstating cybersecurity capabilities.
“Microsoft is the worst offender here.”
Listen at 36:43
Cybersecurity firms should be compensated for reducing breaches, not generating fear.
“We shouldn't get paid on fear. We should get paid on decreasing the number of breaches.”
Listen at 37:34
Penguin Solutions’ low valuation may limit downside relative to other technology stocks.
“Penguin Solutions sells at a low multiple, and I don't mind a low multiple tech stock because they are not going to get hurt as much as the others.”
Listen at 38:52
Cramer recommends continuing to hold Revolution Medicines after its gains.
“I think you've got to let it run.”
Listen at 40:01
Mad Money avoids using AI where errors could result.
“we don't use them in any way that could lead to a mistake. They're so prone to do so.”
Listen at 40:36
Cramer’s research favored AstraZeneca’s drug pipeline over Novartis’s.
“The research clearly favored the AstraZeneca pipeline over Novartis”
Listen at 42:13
AI reduced the described pharmaceutical research process to three hours.
“it took us just three hours to do everything that I just talked about”
Listen at 43:19
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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