Mad Money w/ Jim Cramer - July 24, 2025

Host: Jim Cramer
Producer: CNBC
Release Date: July 24, 2025

1. AI Investments and Market Implications

Timestamp: [01:56] - [09:33]

Jim Cramer opens the episode by addressing the ongoing debate surrounding AI spending by major tech companies. Despite critics claiming that AI investments by giants like Google (Alphabet) and Microsoft are unsustainable and likely to fail, recent financial reports suggest otherwise.

• Alphabet's Investment Surge:

  • Quote: “AI is positively impacting every part of the business, driving strong momentum this quarter..." – Sundar Pichai, CEO of Alphabet [04:15]
  • Alphabet has increased its capital expenditure by $10 billion, bringing the total to $85 billion, indicating a strong belief in AI's potential.

• Market Performance Amidst AI Investments:

  • While the Dow Jones Industrial Average declined by 316 points, the S&P 500 rose by 0.7%, and the Nasdaq gained 0.18%.

• Nvidia's Strategic Role:

  • Quote: “Nvidia is not a tax on the system. It's an expander. It's a force multiplier.” – Jim Cramer [08:00]
  • Nvidia's advanced chips are critical for AI advancements, positioning the company as a pivotal player in the AI race.

• Global Competition and Supply Chain Dynamics:

  • Emphasis on the necessity for the U.S. to maintain technological superiority, especially against China, highlighting the importance of semiconductor advancements.

Key Insights:

• Continued AI investments are fueling market resilience.
• Nvidia's hardware remains indispensable for AI progress.
• Geopolitical factors are influencing semiconductor strategies and trade relations.

2. Deep Dive: Honeywell International

Timestamp: [15:33] - [23:30]

Jim Cramer shifts focus to Honeywell International, addressing the stock's unexpected downturn despite a strong quarterly performance.

• Earnings Analysis:

  • Quote: “The stock was climbing in premarket trading, yet it only got hit and finished the session down 6%.” – Jim Cramer [15:33]
  • Honeywell reported a 9-cent earnings beat and 5% organic growth across three out of four segments.

• Strategic Spin-Offs:

  • Vimal Kapoor, CEO of Honeywell, discusses the company's plan to spin off its advanced materials, chemical, and aerospace businesses.
  • Quote: “We're simplifying Honeywell into three end markets: process, industrial, and buildings.” – Vimal Kapoor [16:49]

• Investment in R&D:

  • Significant investment in research and development, amounting to $100 million for the year, translating to a 40 basis point impact on margins.

• Acquisition Success:

  • Recent acquisitions have enhanced margin rates and positioned Honeywell in higher growth markets.

• Quantum Computing Initiative:

  • Announcement of Honeywell's commitment to quantum computing, with plans for an IPO in the next 18-24 months.
  • Quote: “We are executing all our milestones and I feel confident that Quantum should be able to get into IPO in the next 18 to 24 months.” – Vimal Kapoor [22:29]

Key Insights:

• Honeywell is undergoing significant restructuring to streamline its operations and focus on high-growth sectors.
• Strategic investments and acquisitions are positioning the company for future expansion.
• The quantum computing venture represents a forward-thinking move to capitalize on emerging technologies.

3. Stock Spotlight: Danaher Corporation

Timestamp: [25:30] - [49:32]

Jim Cramer provides an in-depth analysis of Danaher Corporation, highlighting recent performance metrics and market challenges.

• Earnings Performance:

  • Quote: “The company actually delivered a pretty good set of numbers. A healthy revenue beat, steady organic growth...” – Jim Cramer [28:30]
  • Danaher reported strong revenue growth and expanded margins, particularly in the biotechnology segment.

• Challenges in the Chinese Market:

  • Slower recovery post-pandemic and regulatory changes in China have impacted sales, especially in diagnostics.
  • Quote: “This volume-based procurement issue is a result of China's national strategy to curb healthcare costs...” – Jim Cramer [31:45]

• Bioprocessing Segment Rebound:

  • The bioprocessing division shows signs of recovery with a book-to-bill ratio of 1 and success in monoclonal antibody sales.
  • Quote: “The core bioprocessing business is on the rebound.” – Jim Cramer [38:00]

• Investment Thesis:

  • Despite recent setbacks, Cramer remains bullish on Danaher, citing the company's strong fundamentals and recovery signs.
  • Quote: “We've finally reached the tipping point here now that the core bioprocessing business is on the rebound.” – Jim Cramer [48:00]

Key Insights:

• Danaher's diversified portfolio helps mitigate risks, but exposure to the Chinese market remains a vulnerability.
• Recovery in key segments like bioprocessing indicates potential for future growth.
• Investors are advised to monitor underlying strengths despite short-term market fluctuations.

4. Quantum Computing with IonQ

Timestamp: [32:30] - [42:18]

In a special segment, Jim Cramer interviews Nicolo Damasi, CEO of IonQ, to explore advancements in quantum computing and the company's strategic positioning.

• Company Overview:

  • Quote: “We are building the most powerful and most affordable quantum computers...” – Nicolo Damasi [35:08]
  • IonQ is positioning itself as a leader in both quantum computing and quantum networking.

• Partnerships and Collaborations:

  • Notable collaborations with Nvidia and Amazon Web Services, demonstrating tangible quantum advantages.

• Technological Breakthroughs:

  • Announcements of achieving quantum advantage through significant speed-ups in computational tasks.
  • Quote: “We've demonstrated quantum advantage now twice.” – Nicolo Damasi [35:50]

• Future Projections:

  • IonQ aims to achieve fully fault-tolerant quantum machines by the late 2027.
  • Plans to scale computational power exponentially, far surpassing classical computing capabilities.

• Market Position and Competition:

  • Emphasis on being the most energy-efficient and cost-effective quantum solutions provider.
  • Quote: “Our machines are cheaper than everybody else's in the space.” – Nicolo Damasi [38:23]

Key Insights:

• IonQ is at the forefront of quantum computing, with strategic partnerships bolstering its market position.
• Continuous technological advancements are crucial for achieving practical quantum supremacy.
• The company's focus on affordability and efficiency aims to democratize quantum computing applications.

5. Lightning Round: Rapid Stock Picks

Timestamp: [42:18] - [49:32]

Jim Cramer engages with callers, offering quick buy, sell, or hold recommendations on various stocks.

• Caller: Daniel from New Jersey

  • Stock Picks: Shutterstock vs. Getty Images.
  • Cramer's Take: Prefers Shutterstock for potential growth despite limited upside. Encourages selective investments based on growth potential. [44:00]

• Caller: Richard from New York

  • Stock Picks: E.T., One Oak.
  • Cramer's Take: Endorses both stocks as solid investments. Reiterates confidence in their performance. [44:20]

• Caller: Karen from Florida

  • Stock Pick: Nebby Group (Ticker: NBIS).
  • Cramer's Take: Advises sticking with core wave investments, remains bearish on Nebby Group. [44:40]

• Caller: Stanley from California

  • Stock Pick: StoneX Group (Ticker: STONEX).
  • Cramer's Take: Expresses uncertainty and personal embarrassment over StoneX's performance. [45:32]

Key Insights:

• Cramer's recommendations emphasize growth potential and strategic positioning.
• Encourages investors to remain selective and informed, avoiding speculative or underperforming stocks.

6. Market Leadership and Financials

Timestamp: [45:42] - [49:32]

Jim Cramer concludes the episode by discussing the importance of leadership within financial institutions and their impact on market stability.

• Role of Financial Leaders:

  • Quote: “When the banks are in good shape, the whole economy is in good shape.” – Jim Cramer [47:12]
  • Highlights how institutions like BlackRock, Goldman Sachs, and JP Morgan drive market confidence and economic growth.

• Impact of Mergers and IPOs:

  • Discusses potential mergers in the railroad industry and upcoming IPOs that could stimulate market activity.

• Strength of Regional Banks:

  • Emphasizes the stability and growth of regional banks as a sign of a robust and sustainable market rally.

• Investment Philosophy:

  • Advocates for investing in "boring" but stable financial institutions to ensure long-term growth and market resilience.

Key Insights:

• Strong leadership within financial sectors underpins overall economic health.
• Strategic mergers and active IPO markets are indicators of a thriving financial ecosystem.
• Regional banks play a crucial role in maintaining market stability and supporting business expansion.

Conclusion

In this episode of "Mad Money," Jim Cramer delves into the critical role of AI investments by major tech firms, examines strategic moves by Honeywell International, provides a comprehensive analysis of Danaher Corporation's performance, and explores the future of quantum computing with IonQ. Through insightful discussions and expert interviews, Cramer offers valuable perspectives for investors navigating the complex landscape of Wall Street. The Lightning Round further supplements these insights with quick stock recommendations, while the focus on financial leaders underscores the importance of robust institutions in sustaining market growth.

Notable Quotes:

• “Nvidia is not a tax on the system. It's an expander. It's a force multiplier.” – Jim Cramer [08:00]
• “We're simplifying Honeywell into three end markets: process, industrial, and buildings.” – Vimal Kapoor [16:49]
• “We are building the most powerful and most affordable quantum computers...” – Nicolo Damasi [35:08]
• “When the banks are in good shape, the whole economy is in good shape.” – Jim Cramer [47:12]

Disclaimer:
All opinions expressed by Jim Cramer on this podcast are solely Cramer's opinions and do not reflect the opinions of CNBC, NBC Universal, or their parent company or affiliates. Investments are subject to risks, and listeners should perform their own due diligence before making financial decisions.