Jan 23, 2026 · 44 min
Cramer weighs stock selection against broad market gains
Mad Money w/ Jim Cramer 1/22/26
The episode offers a framework for judging momentum, valuation, expectations, and investor psychology when index gains obscure uneven individual-stock prospects.
- 1Cramer argues that strong indexes do not make individual-stock selection easier, especially when business momentum and expectations diverge.
- 2The discussion contrasts potential turnarounds at Procter & Gamble and 3M with caution on Kraft Heinz and Target.
- 3Sportradar’s CEO outlines how sports data, prediction markets, betting technology, and major events shape the company’s prospects.
Don't miss
Sportradar CEO Carsten Koerl explains how sports data, prediction markets, betting technology, and major tournaments could shape the company’s outlook.
The brief
Jim Cramer opens by separating broad index strength from the harder task of finding individual stocks capable of delivering outsized returns.
He examines Palantir and storage names including Micron Technology and SanDisk, then explains why Procter & Gamble rallied despite a seemingly weak quarter.
The stock-by-stock debate turns cautious on Kraft Heinz but more constructive on 3M and Target, where improving fundamentals, valuation, leadership, or dividends shape the case.
Sportradar CEO Carsten Koerl discusses the company’s stock decline, sports data, prediction markets, betting technology, and opportunities tied to major sporting events.
The closing earnings-season lesson is psychological: investor expectations can matter as much as reported results, influencing why Cramer favored Procter & Gamble and Boeing over GE Aerospace.
What was said on this episode
38 statements · 29 positive · 8 negative · 1 neutral
Disciplined individual portfolios can outperform the S&P 500.
“I'm confident you have the ability to trounce the S&P 500 with your individual stock portfolio.”
Listen at 2:07
Mega-cap technology stocks are not truly finished.
“I don't believe that any of the mega cap tech stocks are truly finished”
Listen at 2:31
Meta has lost its way.
“Meta's lost its way.”
Listen at 3:47
OpenAI can materially harm other technology companies.
“OpenAI is like the open sore. It can really hurt a lot of things.”
Listen at 4:34
The memory shortage will persist and Micron may be worth buying.
“I think it'll last some time. So it could be worth buying even up here”
Listen at 7:13
Intel will become a very hot stock.
“I think CO with Lutan is a lot up his sleeve. Intel will be a very hot stock.”
Listen at 7:38
Investors should not give up on Intel.
“If you give up on it, I think you're making a big mistake.”
Listen at 7:42
Anthropic will enable cheaper creation of rival software products.
“I do believe that outfits like Anthropic will allow you to create rival products for a fraction of the cost.”
Listen at 8:20
Capital will eventually flow back into most Magnificent Seven stocks.
“I think that the money will ultimately flow back. to most of the seven”
Listen at 8:35
Storage-related stocks will rise further.
“I think the storage plays are going higher.”
Listen at 8:46
Commodity disk-drive and semiconductor stocks will decline by year-end.
“the commodity disc drive players and commodity semiconductor companies will not stay up by year end.”
Listen at 8:58
Investors should continue holding Palantir.
“I would not leave Palantir.”
Listen at 9:26
Money will eventually return to Magnificent Seven stocks.
“I think money will eventually flow back to the seven.”
Listen at 9:44
Investors should buy Procter & Gamble.
“It is, Katie, bar the door, time to buy Procter.”
Listen at 15:37
Procter & Gamble stock will rise further.
“This one is going higher.”
Listen at 18:30
3M's litigation risk is now largely contained.
“I think the legal risk is very much contained by now.”
Listen at 20:23
3M will beat its earnings forecast again.
“I do think it will be beaten because 3M is now quietly beating the earnings estimates for 12 straight quarters”
Listen at 23:33
3M is undervalued at its current price.
“3M looks very cheap to me.”
Listen at 26:08
Investors should buy 3M immediately.
“You have my blessing to buy it right here, right now, tomorrow morning.”
Listen at 26:15
Investors should sell Kraft Heinz rather than buy it.
“I'm a seller, not a buyer.”
Listen at 27:05
Investors should continue holding Target.
“I think that you got to hold on to Target.”
Listen at 27:17
Investors could buy additional Target shares at $100.
“Maybe even buy another 100 if the stock gets to 100.”
Listen at 27:34
SportRadar sees prediction markets as a major upside opportunity.
“for us, it's a fantastic upside opportunity.”
Listen at 30:02
Betting expansion in California, Texas, and Florida would require SportRadar data and algorithms.
“California, Texas, Florida, addressable for betting. And they all need our data. And they all need our algorithms.”
Listen at 30:07
League-approved prediction-market betting would create substantial upside for SportRadar.
“So for us, it's a total upside opportunity.”
Listen at 32:00
World Cup betting volume will exceed prior benchmarks.
“the volume will easily exceed the last benchmarks”
Listen at 33:50
SportRadar performs well when its clients perform well.
“when our clients are doing well. We are doing well.”
Listen at 35:13
SportRadar is confident about the combined Olympics and World Cup opportunity.
“I'm totally confident.”
Listen at 35:16
Tariffs are benefiting American steel production.
“This is America doing well and the tariffs working.”
Listen at 36:07
Royalty Pharma stock will continue rising.
“Royalty just keeps going higher.”
Listen at 36:25
Royalty Pharma is an excellent company.
“It's a terrific company.”
Listen at 36:31
Coherent has strong technology and should be bought on price dips.
“the technology is really good. It's a winner. I would use any dip to buy more stock.”
Listen at 36:58
Lucid investors should sell and realize their losses.
“Take the loss. Take the loss. Take the loss.”
Listen at 37:40
Rivian is preferable to Lucid for investors seeking an electric-vehicle stock.
“Rivian is better.”
Listen at 37:48
Stableford Offshore is an unattractive company investors should avoid.
“Not a great company. Not a great oil service. Not a great oil company. We're going to have to stay away from that.”
Listen at 38:14
Investors should avoid Venture Global.
“Venture Global, we do not like.”
Listen at 39:05
Venture Global will fail to deliver expected results.
“we don't think they're going to deliver at all.”
Listen at 39:10
Earnings results can catalyze changes in stock trajectories.
“the earnings provided the catalyst.”
Listen at 43:34
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.
Weekly email
State of the Pod, every Monday
The week's most-discussed names and stories from podcasts, with the moments behind them. Free, five minutes, unsubscribe in one click.