Jul 30, 2026 · 44 min
Cramer weighs patience, leadership and post-IPO opportunity
Mad Money w/ Jim Cramer 7/30/26
The episode connects market forces and company-specific execution to decisions on whether investors should wait, buy weakness or avoid speculation.
- 1Patience matters for Home Depot and Netflix, while margin borrowing can magnify investment risk.
- 2IBM’s quantum-computing work and BlackBerry’s software pivot point to long-term opportunities beyond their former identities.
- 3Cramer argues that strong leadership, particularly at Starbucks, can materially change a struggling company’s trajectory.
Don't miss
John Giamatteo lays out how BlackBerry is building a future around vehicle software, secure communications and long-term growth rather than phones.
The brief
Cramer opens by arguing that stocks respond to forces beyond their own businesses, framing investment decisions around patience, market context and company-specific execution.
Home Depot and Netflix prompt a case for waiting rather than forcing a trade, while Cramer warns that margin borrowing can turn ordinary volatility into a larger problem.
IBM CEO Arvind Krishna discusses quantum-computing demonstrations, commercial timelines and security questions, while the company’s recent shortfall underscores the gap between promise and results.
BlackBerry CEO John Giamatteo explains the company’s shift from phones toward vehicle software, secure communications and future growth through Alloy Core.
The episode closes on management quality: Cramer presents Starbucks CEO Brian Niccol as the kind of leader who could restore a struggling franchise.
What was said on this episode
47 statements · 36 positive · 8 negative · 2 mixed · 1 neutral
Recently depressed technology stocks have further upside after rebounding.
“Many sprung back to life today and gave further, I've got to tell you, because they were so depressed, I think they have further to go.”
Listen at 1:42
Situational Awareness reportedly used approximately three-to-one leverage.
“This fund was apparently able to borrow a gigantic amount of cash, recklessly, I think. $3 for every $1 they put up.”
Listen at 2:16
The affected technology companies retained strong fundamentals despite contagion-driven stock declines.
“The contagion spared almost none of the stocks of these companies, even as the fundamentals remain very, very strong.”
Listen at 4:51
Cramer expected Intel to rise to $120 after its earnings report.
“I thought 120 next stop.”
Listen at 6:15
The hedge-fund meltdown created an attractive buying opportunity in Intel.
“His funds meltdown did create an amazing opportunity to buy Intel.”
Listen at 7:09
Amazon delivered exceptionally strong quarterly results.
“Amazon shot the lights out.”
Listen at 7:30
Amazon’s after-hours stock rally is likely to continue.
“And that's why Amazon caught fire in after hours trading. Astonishing gain, and I don't think it's done.”
Listen at 8:08
Investors should avoid margin because borrowing makes investing harder.
“You don't need margin to make it all that much harder.”
Listen at 9:19
Lowe’s is outperforming Home Depot because rate increases are likely.
“Right now, Lowe's is doing better than Home Depot right now because we're going to have probably have rate increases, not rate cuts.”
Listen at 10:04
Home Depot investors should remain patient because the investment will work.
“I tell people on Home Depot who are in there with me, be patient. It will work.”
Listen at 10:18
Netflix can rebound, so investors should not sell it now.
“I think Netflix can bounce. I really do. Don't sell it.”
Listen at 11:13
IBM has the most legitimate quantum-computing business.
“including the most legitimate quantum computing business out there.”
Listen at 13:04
Quantum computers can outperform classical computers on some tasks.
“Quantum advantage means that a quantum computer can do things better, either faster, cheaper, in a way that normal classical computers cannot get to at this time.”
Listen at 13:44
Random circuit sampling at the stated scale cannot be solved classically.
“which cannot be solved by classical computers.”
Listen at 14:24
Quantum computing may discover materials with improved magnetic properties.
“maybe we can discover a material that has better magnetic properties.”
Listen at 16:29
IBM quantum computing will measurably affect revenue and profit by 2028 or 2029.
“I think that in 2028 or 29, you'll see it have a measurable impact on our top line and bottom line.”
Listen at 17:42
IBM quantum computing could represent $1 trillion of value by the late 2030s.
“Trillion dollars of value by the end of the 30s.”
Listen at 18:04
Crypto holders should become concerned about quantum threats within three or four years.
“I think that you should give yourself three or four years. And at that point, I would get rather paranoid about it.”
Listen at 18:25
Semiconductor price increases will likely persist for at least the next couple years.
“I actually don't believe they'll actually go away at least for the next couple of years, maybe in two years, but likely they're staying with us.”
Listen at 19:20
IBM Lightwell can patch all open-source software.
“Lightwell is our offering that can patch all open source.”
Listen at 20:15
Jersey Mike’s weak IPO debut may offer an excellent buying opportunity.
“I think it may actually make for an excellent buying opportunity.”
Listen at 21:36
Jersey Mike’s may trade at a valuation premium to comparable restaurant chains.
“Jersey Mike's might be trading at a premium.”
Listen at 26:23
Jersey Mike’s deserves a valuation premium because of leadership and growth.
“I think it does for two big reasons.”
Listen at 26:33
Jersey Mike’s is a great business.
“I think it's a great business.”
Listen at 28:19
Jersey Mike’s brand, growth, and leadership should drive long-term price appreciation.
“I think that's a recipe for long-term price appreciation.”
Listen at 28:27
Coca-Cola remains fundamentally sound despite recent problems.
“You're absolutely fine in Coca-Cola.”
Listen at 28:51
Investors should buy CrowdStrike at current levels.
“That's the outfit I would buy still right here.”
Listen at 29:05
Jersey Mike’s stock is worth buying after its weak debut.
“I think the sub story is worth buying here.”
Listen at 29:13
BlackBerry QNX powers 275 million cars and other embedded applications.
“Our QNX, which is our safety, secure, embedded software business, power 275 million cars, robotics, medical instrumentation, industrial automation.”
Listen at 30:49
BlackBerry’s QNX and secure-communications businesses are growing.
“both of those businesses are very much on a growth trajectory.”
Listen at 31:25
Nearly all major automakers are standardizing vehicle architectures on QNX.
“Almost every car manufacturer, from EV to combustion, from Germany to Japan to... Korea and everybody here in the U.S. is as more software goes in the car, all of these OEMs are standardizing their architecture on the QNX operation.”
Listen at 31:39
Major chip partners’ automotive silicon is standardized on QNX.
“Deep partnership with Qualcomm, NVIDIA, Texas Instruments, ARM. Intel, all of the silicon that's going into the car, completely standardized on QNX.”
Listen at 32:09
NVIDIA has standardized on QNX as its robotics operating system.
“They've standardized on QNX as the robotics operating system for everything they do. with their entire stack.”
Listen at 33:27
BlackBerry’s transformation restored growth, expanded margins, and improved cash generation.
“It's helped us bring us back to growth. It's helped us with margin expansion. And you know what, Jim? It's helped us with cash generation.”
Listen at 34:04
Large governments account for 75% of BlackBerry secure-communications business.
“75% of our business in the secure communications is with large governments around the world.”
Listen at 34:36
BlackBerry has strong momentum and a substantial Alloy Core pipeline.
“We've got some great momentum. Tremendous pipeline.”
Listen at 35:47
BlackBerry stock is at an attractive level to buy.
“This is the level of buy. I think it's actually pretty good.”
Listen at 36:07
Cramer recommends buying Howmet Aerospace now.
“It's one of my absolute favorite aerospace plays. I buy it right here.”
Listen at 37:11
Farmers National Bank’s stock is likely to rise.
“Well, I think the direction is up.”
Listen at 37:36
Farmers National Bank holders should not sell because it is a good bank.
“But if you do own it, please do not sell it. It's a good bank.”
Listen at 37:47
Bending Spoons is a favorable investment idea.
“I think Bending Spoons is a good idea.”
Listen at 38:12
AMC is acceptable only as a speculative investment.
“It's not my thing, frankly. But if you want a spec, I say AMC is fine.”
Listen at 38:43
Coherent is at an attractive level to buy.
“I think it's the right level to buy. I'm going to bless it.”
Listen at 39:05
Only a few new CEOs can transform a broken franchise into a winner.
“I can count on one hand the new bosses who could come in and turn a broken franchise into a winner.”
Listen at 40:30
Brian Niccol is among the rare CEOs capable of fixing a broken franchise.
“Now, one of those fingers on that hand would have to be reserved by Brian Nichol.”
Listen at 40:35
Brian Niccol generated a 775% Chipotle return before joining Starbucks.
“he gave you an astonishing... 775% return from the day he took over until he got the Starbucks job two years ago.”
Listen at 40:57
Brian Niccol has restored Starbucks as an attractive investment, with further upside expected.
“He's turned Starbucks into a terrific investment again. I think the stock goes much higher.”
Listen at 43:24
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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