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Jim Cramer (0:01)
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Jim Cramer (1:23)
Hey, I'm Kramer. Welcome to Mad Money. Welcome to Cramerica. I've been with my friends. I'm just trying to make a little money. My job is not just to entertain, but to put it in context. So call me at 1-800-743- CNBC. Tweet me. Im Craver. If you have analysts covering your company, those analysts have expectations. And if you miss those expectations, your stock goes down. But if you have no analysts covering your company, then there are no estimates. You don't have to worry about the fundamentals. So your stock can fly up on gossamer wings with no analyst ending in sight. And maybe that's why we've got such a fractured two track market. All aboard. We see it every day, especially these kind of mildly positive days with Dow vest 105 points. S&P gained 0.55%. Nasdaq climbed 0.63%. Not bad. Now this morning I was talking to my colleagues Carl Kentucky and David Faber about providing value to to our viewers so that you have to watch us. If we don't, one day we will find ourselves out of job watching Fresh Face anchor simulations, reading the news about the stocks I am about to go over because it's what you want. I mentioned that our younger viewers and older viewers tend to focus on very different things. So we need to recognize the two track market. But we got to embrace it, can't reject it. My colleagues were clearly amused by the idea. But then we pivoted to interviewing Bob Iger, CEO of Disney who traced out his plans. Now that the company owns all of Hulu, the Stock was around $115 when Iger started talking, and by the end of the interview, at least partly by the day, it was at 118 and change. That's a tour de force performance, the kind of value added this network proudly provides. I felt great about it, but I could feel the contempt that many younger investors have for what I think is a very strong kind of journalism, for where we flesh out what really matters to an iconic big capitalization stock that has everything to do with linear television, espn, exciting movies, cruise ships, theme parks. Now it's Disney for everything. Who doesn't want to know about that? Well, how about the people who just stopped going to Disney World with their parents and it's the last place they would ever be called dead at. What do they want? Honestly, I don't know if young viewers necessarily want anything from us at all. We are people who shine light on things and sometimes they don't want light shine. I think they prefer the obscurity their stocks dwell in. A lot of younger people tend to get excited about, well, stocks that aren't even covered by analysts or the mainstream media. Instead, you know, where they covered by Reddit. And then it's done in the most cursory cheerleading way, which is unfortunately what many of these people want to see and I know I can't do. For me, Reddit's very important as a resource for what people care about. But, but the younger court seems to take what they say as gospel. So let's go over what they like, what maybe you're fascinated by what so many of you are wanting to let's say bye bye bye before they take off. First, the important groups, the ones I'm asked about all the time in lightning round one is anything crypto right? For they love. Mr. That's what we used to call it MSTR, now MicroStrategy, now Strategy. It fascinates his cohort because it's a vehicle that buys crypto endlessly, often with borrowed money. Now a lot of people Wish they were MicroStrategy doing the same thing. Same with Coinbase, some of the newer brokers that I'm profiling later tonight, so stay tuned. But the new one, the Circle Internet group, is loved because it's a pure play on digital assets. It's talking about digital currencies, blockchains, the works of every buzzword imaginable. But what they're really interested in are stocks that don't get coverage even as they trade millions and millions of shares every day. Look at the volumes of these things. We all ought to be talking about them constantly. Stocks like Hut 8, riot platforms, clean Spark, Cipher Mining and Galaxy Digital Holdings. Now let me just say that these are all fascinating but unknown companies to me. Except for Galaxy Digital, which is run by Mike Nogass. Here's. Here's a company specializes in all the stuff that young investors can't get enough of. Digital assets, cryptocurrencies. Blockchain Michael pops up on Squawk Box. He's incredibly articulate, as you'd expect from a former part of both Goldman Sachs and Fortress Investment Group. He's basically a good guy. When I think of this cohort, I wonder why we don't devote hours to this stuff. Because there's a hunger for it like no other I've ever seen. Any stock that trades 10 million shares a day is worth covering. But there's no analyst covering them. Nobody knows any about them. Wall street ignores them entirely. Now that the IPO windows open again. I believe we'll see dozens of these companies come public. And they'll continue to go uncovered because they have no pedigree and no sponsorship. It's amazing how irrelevant they are to the older folks, even as younger vestors can't get enough of Hut 8. Then there's the nuclear cohort. Sure, we know Vista, we know in Constellation Energy, the big Nucleus. But every day we see that Oclo and that Cameco, that PW X1 asked about that list of technologies. Centrist, Talent, Energy, Next Gen. These are the ones that have people excited. They can't. They can't put them down. That's because the data centers use so much electricity that nuclear power is coming back. In reality, though, there will be no nuclear reactors for at least five years. The stocks that people want are not stocks that I find investable. I prefer Nova because they're the ones that will build the reactors. And it's what I call a real company. But this crowd is repelled by the truth they refuse to believe in and simply think I'm trying to keep people out of fantastic stocks, little stocks. I'm not. I just think that builds new plants and that's a good way to play nuclear power building. I mean, why? My trust owns it. Finally, we've got the ones that I find is most controversial. Quantum computer placement. These stocks are insanely popular among young people trading tens of millions of shares a day. I own Q D Wave, Quantum rigidity Computing. Quantum computing. They're incredibly popular IonQ traded 30 million shares today. D Wave Quantum traded 60 million shares today. Getty, 61 million shares. Quantum Computing, 65 million shares. That is insane. Not the volume, but the fact that there's so much demand for these stocks, yet most of the media and the financial industry pretends they don't exist. I don't want to do that anymore. Of course, there's very little known about them and little analyst coverage. You have to do an immense amount of homework to figure them out. And after all that work, you might just discover it's meaningless because quantum computing, like nuclear power, is. Is years away. But you know what? It's worth the effort. It's worth my effort. There are so many of these companies and so much opportunity for the one or two that actually make it. But let's get the other way. Let's talk about what old folks were interested in. There's a company called J.M. smucker. It makes coffee and jams and pet food. Uncrustables, Twinkies. It's covered by 15 different firms, forgetting no firms. 15 different firms. It's real. We've all bought their stuff. Two years ago, right at the time that the GLP1 drugs came of age and we went nuts for the weight loss shots. JM Smucker didn't seem to notice. They ran into the fire. They bought Hostess. That's right, Hostess, maker of Twinkies, for 5.6 billion in November of 2023. Today they took a $980 million impairment charge for that transaction. I doubt that'll be the last one as Twinkies and Ho Ho's may not turn very well. Let's just say they're going nowhere. They also took a big hit from tariffs and higher coffee costs. Smucker's Talking about a 20% boost in coffee prices. That's not going to help demand. In the wake of the news, the stock plunged more than 15%. Nearly every analyst who covers it had tough things to say about the business. All major firms. Now, do you think any analysts on Wall street cares about riot or HUD 8 or quantum this, quantum that? But you know what? No one, if they report a number, no one's going to be disappointed. I mean, there's 15 analysts in smoker who are disappointed. How many analysts are in D Wave, Quantum, BW X T? These companies can say and do whatever the heck they want. And they are going to disappoint anyone because there's nobody on Wall street who is watching. You could decry it as the Wild West. You could dismiss these companies as nothing but hype. You could take. Or how about this? You take a company that trades 50 million shares a day and maybe you just try to shed some light on. That's what I'm going to do. Here's the bottom line. I think relevance dictates that we cover the companies that are treated as irrelevant or even pariahs by the graybeards around here. It isn't true that no one cares. Cares. I fear everyone cares except those of us on Wall Street. We have to do better about Nuke, about Quantum and Crypto because our younger viewers deserve better. Or we risk your just plain old irrelevance covering Smuckers. Avoiding the Regatti's. Not my stock going forward. Bill of Massachusetts. Bill. Jim, I need your opinion on Honeywell. Do you think I should pick some up before the split this. But something happened for a long time, sir, and the stock just had a run. Had a very nice runoff at 218 to 26. I prefer to see this stock. You buy the stock between 2. I'd say 200, 220 and 215. Because I think that a lot of the industrials right now, they've gotten a little too hot. But I do like the stock very much. But the splits really in. It's in Splitville Purgatory. Let's go to Jerry, Massachusetts. Jerry. Booyah, Kramer. Booyah. Jar. I'm long time, long time here. I have a question on the stock core weave. I bought in a position, full position for me at just over 40 a share and I'm not quite sure what to do with it. Here I am. I am. You sell half of it tomorrow morning and then you play with the house's money from now on. You ever have to worry about core weave again and that is the way you do it. And that is the way I was brought up. And I ain't deviating from it. Sell half houses, money rests. Congratulations. You have made a ton. Look, I think that relevance dictates that we shed some light on companies that Wall street analysts don't want to cover just because you want it. Younger people want it. And you deserve it if you want it. Well, man, money. Tonight, Cisco is hosting its annual live event. I'm speaking exclusively with Chuck Robbins, the CEO to hear about the exciting updates. This could be the old Cisco again, which went up and up. At first there was Robinhood, but now we have three similar publicly traded brokerage firms. It's time to dig in. Hell, the names say what they're doing again, more stocks that you might want to own. And what a run we've seen from Casey's General Store sorting after earnings. Should investors take the bite after this thing out of such a big run? Well, you know what? Let's sit down with the CEO and why don't we let you figure out what to do. Stay with crap Foreign.