Mad Money’s Jim Cramer Says These 6 AI Stocks are Primed to Surge
Mad Money host Jim Cramer said the AI data center trade is reclaiming market leadership. He named six stocks leading the rally, and every one of them closed higher on Wednesday.
The group had trailed financials, healthcare, and retail for weeks. Cramer said a run of developments in recent days has restored his confidence in AI infrastructure names.
Why the AI Data Center Trade Stalled
Cramer said the once-hot AI infrastructure names began cooling in late June. The slide then ran through most of July.
"This group has languished while the financials, the healthcares and the retailers rocked," he said.
Each of the six rallied sharply before the gains reversed, for some in early May and for others in June. All then trended lower through late July. CoreWeave (CRWV) dropped 56% across that span.
Super Micro Computer (SMCI) fell 53%, and Nebius (NBIS) lost 48%. Lumentum (LITE) shed 43%, and Intel (INTC) fell 42%. The Nasdaq 100 declined by just 11%.
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