Nov 15, 2025 · 44 min
Cramer weighs consumer weakness against selective buying opportunities
Mad Money w/ Jim Cramer 11/14/25
The episode tests whether softer spending and speculative markets demand caution or create openings in specific stocks.
- 1Market weakness can create buying opportunities, but stock selection matters more as investors reassess risk.
- 2Holiday spending shows signs of retrenchment, with job concerns and buy-now-pay-later use shaping consumer behavior.
- 3Cramer warns that newly public companies tied to fashionable themes can become speculative trading vehicles rather than sound investments.
Don't miss
Cramer warns that newly public companies tied to fashionable themes can function as speculative trading vehicles unsuitable for individual investors.
The brief
Jim Cramer opens by arguing that market weakness can create buying opportunities, then moves through stock picks and caller questions involving retail, technology, and transportation names.
A conversation with 100X founder Rob Pace finds consumers becoming more cautious before the holidays, as job concerns, income differences, and buy-now-pay-later use pressure spending.
The retail discussion turns into a test of brand momentum and value-seeking, spanning companies such as CarMax, Chipotle, Nike, Starbucks, and Lululemon, with Reddit added as a research influence.
The BillionToOne IPO preview and healthcare calls shift the focus to opportunity and patience, including the company’s diagnostic ambitions, UnitedHealth’s recovery case, and competition around Novo Nordisk.
After rapid-fire buy, hold, and sell calls, Cramer delivers the episode’s sharpest warning: fashionable IPO themes, including Bitcoin derivatives and quantum computing, can mask unsuitable speculation.
What was said on this episode
59 statements · 44 positive · 11 negative · 2 mixed · 2 neutral
Fed policy and upcoming earnings could support the market after the selloff.
“I think both could be tailwinds after this week's vicious shakeout.”
Listen at 1:35
Home Depot and housing-linked stocks should benefit if the Fed cuts rates.
“The stocks will buy if you believe the Fed will cut rates next month, as I do.”
Listen at 2:43
Investors should buy TJX shares if the stock declines after earnings.
“This is a fabulous company. So if the stock gets hit, which it often does, even on good results, pick some up.”
Listen at 3:23
NVIDIA can trigger a sustained rally following its earnings report.
“I think it can ignite not a bounce, but a true rally itself.”
Listen at 5:07
Investors should own NVIDIA rather than trade its shares.
“I continue to say own NVIDIA, don't trade it.”
Listen at 5:11
NVIDIA is essential to the artificial-intelligence revolution.
“there's no AI revolution without NVIDIA”
Listen at 5:19
NVIDIA could support a multiyear market advance.
“with it, we can still have a multi-year move.”
Listen at 5:23
Palo Alto Networks has substantial business opportunity from sophisticated cyberattacks.
“I think there's plenty of business for these guys.”
Listen at 6:14
Doug McMillon is an American hero for fighting inflation and food prices.
“I think he's an American hero.”
Listen at 6:45
Walmart will report a strong quarter under Doug McMillon.
“I expect a great quarter, though, because I can't imagine Doug's last quarter being anything other than a great one.”
Listen at 6:50
Ross Stores shares may not continue rising, so investors should be cautious.
“I don't know if its stock can keep running. I'd be a little careful.”
Listen at 7:14
Consumers will adopt Intuit's new individual financial software after trying it.
“I think they'll embrace it once they try.”
Listen at 7:29
BJ's Wholesale Club provides a useful indicator for Costco's performance.
“I use this one as a barometer for Costco, that down and out warehouse club that I think is so great.”
Listen at 7:52
Investors should buy selloffs only after moving from speculative stocks into stronger companies.
“Sell-offs like this can be bought, but only if you have cash and you upgrade out of the morass of ultra-high-risk speculative stocks that are losing fortunes.”
Listen at 8:17
Deckers shares can recover after their decline.
“I have to believe it can bounce.”
Listen at 9:09
FedEx shares will rise above $300.
“The stock is going, I think, all the way back over 300.”
Listen at 9:47
FedEx is currently having a strong quarter.
“It's having a good quarter.”
Listen at 9:50
CarMax is weakened but still capable of recovery.
“CarMax down but not out.”
Listen at 15:47
Chipotle and Cava offer strong value relative to price.
“They are both MVP brands, more value for the price.”
Listen at 16:04
Chipotle and Cava's business models remain intact despite consumer pressure.
“their business model not broken.”
Listen at 16:15
BillionToOne sales grew at a 167% compound annual rate from 2021 to last year.
“Billion to One has seen incredible growth since the start of this decade, with sales rising at 167% compound annual growth rate from $8 million in 2021 to $153 million last year.”
Listen at 22:42
BillionToOne revenue grew 82% in the first six months of the year.
“in the first six months of this year, they put up 82 percent revenue growth.”
Listen at 23:03
BillionToOne oncology revenue grew between 600% and 700% in the third quarter.
“their oncology revenue was up somewhere between 600 and 700 percent in the third quarter.”
Listen at 23:22
BillionToOne's net losses have declined substantially.
“their net losses have shrunk dramatically.”
Listen at 23:48
BillionToOne was close to breakeven during the first half of the year.
“in the first six months of this year, these guys were very close to breaking even.”
Listen at 23:51
Cramer views BillionToOne favorably as an investment.
“I really like it.”
Listen at 24:49
Danaher should consider acquiring BillionToOne.
“I wish Danaher would buy them.”
Listen at 25:01
BillionToOne trades near $90 with an approximately $4 billion valuation.
“the stock came public at 60 bucks. It's now a 90, where it's valued at roughly $4 billion.”
Listen at 25:16
BillionToOne's valuation is reasonable given its growth and profitability.
“I don't think it's all that unreasonable.”
Listen at 25:34
Investors may initiate a small BillionToOne position on Monday.
“you got my blessing to put on a small position right here on Monday.”
Listen at 25:39
BillionToOne shares may decline further if volatility persists.
“If this volatility continues, I think the stock will come down even more.”
Listen at 25:51
A lower BillionToOne share price would create a better entry opportunity.
“I'd be thrilled to see it come down. That just means you can get a better buy price.”
Listen at 26:00
Investors should start small in BillionToOne and add gradually on weakness.
“I'm recommending putting a small position here on Monday and then gradually buying more into any weakness.”
Listen at 26:32
Patient investors are likely to obtain a favorable BillionToOne entry price.
“Be patient with this one. If you take your time, I'll bet you get a great entry point.”
Listen at 26:42
UnitedHealth may not recover this year but should turn around next year.
“This may not be the year that it turns around, but I do think next year it will.”
Listen at 27:14
Novo Nordisk investors should wait for the stock to recover somewhat.
“you got to let it come back a little.”
Listen at 27:52
Novo Nordisk's new leadership may lift the stock into the mid-$50s.
“the new guy, give the new guy a little chance so they can get it to the mid-50s.”
Listen at 27:56
Eli Lilly is the dominant company in the obesity-drug market.
“there's really only one king in that space, and that's E, fly.”
Listen at 28:02
Investors expecting a rapid market drop should raise substantial cash.
“the way you do it is you raise cash. And you have to raise cash big if you feel that way.”
Listen at 29:47
Kimberly-Clark, Procter & Gamble, and Coca-Cola are Cramer’s preferred dividend stocks.
“the ones that I've been looking at are Kimberly, Procter & Gamble and Coca-Cola.”
Listen at 31:03
Meta currently resembles Alphabet’s investment position from a year earlier.
“I think that Meta is what Alphabet was about a year ago.”
Listen at 31:30
Cramer strongly supports Mark Zuckerberg’s strategy at Meta.
“I totally believe in what Mark Zuckerberg is doing.”
Listen at 31:35
Mark Zuckerberg has a defensible competitive moat at Meta.
“He has got a moat and he's defending it”
Listen at 31:45
Investors should build gold ETF positions gradually rather than all at once.
“You buy it over time.”
Listen at 32:10
Airbnb shares are substantially undervalued relative to hotel rooms.
“Airbnb is dramatically undervalued.”
Listen at 32:36
Investors should buy more GE Vernova shares after the decline.
“the answer is yes.”
Listen at 32:59
GE Vernova’s natural-gas-to-power opportunity is a five-year investment theme.
“This is a five-year thing that's happening, and I want to be involved in it.”
Listen at 33:23
Berkshire Hathaway is materially different without Warren Buffett.
“as far as is it different without Buffett, of course it is.”
Listen at 33:59
Investors should reduce their Berkshire Hathaway position after Buffett’s departure.
“To me, that means cut the position back.”
Listen at 34:09
NextPower is an excellent stock.
“I think it's a terrific stock.”
Listen at 35:34
Investors should buy NextPower shares.
“I would be a buyer of the stock.”
Listen at 35:38
SharkNinja could reach $120 only if the Supreme Court rejects the tariffs.
“You need the Supreme Court to rule against the tariffs, and then you've got a $120 stock. Otherwise, no.”
Listen at 36:29
“I'm sorry. That's just the way it has to be.”
Listen at 37:18
Cramer recommends avoiding Cerence shares.
“I'm not touching it.”
Listen at 37:40
It is too late to buy Carpenter Technology after its rise.
“No, it's too late.”
Listen at 37:54
Energy Transfer is an attractive investment opportunity.
“that thing is just the sweet spot that we want to be in.”
Listen at 38:26
Trend-driven speculative IPOs often leave investors with no returns.
“These are often trading vehicles created to quickly cash in on some trend from Bitcoin derivatives to quantum computing to all sorts of pie-in-the-sky equities, where if history's any guide, you will end up making nothing.”
Listen at 40:04
Daily-reset leveraged ETFs are likely to cause investors to lose money.
“We have a lot of double and triple lever leveraged ETFs that represent great ways to lose money by gambling on the direction of a stock or group on a daily basis.”
Listen at 42:05
Speculative stocks often cannot recover because insiders are selling shares.
“They own this junk that can't bounce back because the insiders are usually trying to dump their stock”
Listen at 42:33
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.
Books & mentions
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