Jim Cramer's New Stock Picks (July 2026) — and the Catch

Jim Cramer’s newest picks, from his shows in the past week, include a pounded-the-table buy on power-equipment giant GE Vernova, a nod to AMD “on the dip,” a thesis that Moderna is finally investable again, and lightning-round buys on Medline and AST SpaceMobile. That’s the answer — but with Cramer, the answer always needs two footnotes. First, he makes calls nearly every weeknight, so any list of his “new picks” starts aging immediately; every call below is dated. Second, his track record is one of the market’s favorite arguments — there are literally strategies built to bet against him. This roundup gives you both: what he’s actually recommending right now, and an honest guide to how much weight to put on it. It is not investment advice.

What are Jim Cramer’s newest stock picks?

These are his most recent verifiable calls, made on his nightly CNBC show Mad Money, its rapid-fire “Lightning Round,” and the morning notes of his subscription investing club, which manages a charitable trust portfolio.

His lightning rounds over recent months produced a rapid-fire batch too: buys on DoorDash and Leidos (May 26) — while defending Uber and Reddit as unfairly caught in the rotation into chips — a “buy very slowly” on Reddit (early June), a thumbs-up on Equinix for data-center exposure (May 20), praise for RTX (May 1) and Goldman Sachs (May 6), a not-bullish-on-gold-right-now (May 7), and a money-losing quantum name he’d swap for IBM (early June). One reversal worth noting: he called Joby Aviation “way too risky” back in April, then warmed to it as “a terrific spec” by June. Treat that list as scattered snapshots of the tape, not a portfolio.

The conviction call: GE Vernova

If one pick in this batch carries extra weight, it’s GE Vernova. Asked about it in the June 30 lightning round, he didn’t hedge: it’s his favorite of the power names and one he says to keep buying — and unlike most TV calls, this one has money behind it, because the charitable trust his investing club manages holds what he describes as a very big position, which the club discloses under CNBC’s rules.

The backdrop is a monster run — with a fresh reminder of how fast it can wobble. The power-infrastructure maker — gas turbines, wind, grid electrification — closed at $1,113 on 2 July, up roughly 70% for the year to that point and having roughly doubled over twelve months on the surge in electricity demand from AI data centers, before pulling back sharply (around 9%) on 7 July. Its most recent quarter showed revenue up 16%, orders up 71% organically, and a backlog around $163 billion. The obvious tension is that none of this is a secret: the stock isn’t cheap by any traditional measure, and its next earnings report on 22 July is the kind of event that resolves a hot stock’s direction one way or the other.

Where do Cramer’s picks come from?

Knowing the source helps you weigh each call. His picks arrive through three channels of very different depth. The nightly show delivers researched segments where he argues a thesis at length — the Moderna turn was one of these. The lightning round is the opposite: callers fire tickers at him and he answers in seconds, which is where quick buys like Medline and AST SpaceMobile come from, and it’s the segment even fans treat as entertainment first. The third channel is his subscription investing club, which publishes the reasoning behind the charitable trust’s actual portfolio — the only channel where his opinions are tied to disclosed positions, GE Vernova being the current showcase. A useful rule of thumb: the further a pick sits from that disclosed portfolio, the more lightly to hold it.

The catch: does following Cramer actually work?

Here’s the part most “Cramer picks” articles skip, and it cuts both ways.

The skeptics’ case is loud and partly institutionalized. His high-conviction misses over the years became famous enough that “Inverse Cramer” turned into a genuine strategy: trackers exist that systematically bet against his most-recommended names, and in 2023 an actual Inverse Cramer exchange-traded fund launched to short his picks — though, in a twist the skeptics don’t always mention, it shut down within about a year after attracting only around $2.4 million in assets and losing roughly 15% along the way. The broader, more serious critique comes from the evidence on stock-picking itself: decades of scorecard data show most professional pickers trail simple index funds over long periods, and critics — including fiduciary advisers — argue that a nightly stream of buy calls encourages exactly the overtrading that erodes returns. On this view, his show is financial entertainment, and confusing it with a plan is the real risk.

The fairer reading includes his own framing. His long-stated manifesto is that tips are for waiters — that the show’s job is to teach viewers how to think about markets, not to hand out overnight winners — and the picks with real accountability live in the disclosed trust portfolio, not the lightning round. Plenty of his calls have also been right, sometimes spectacularly so; GE Vernova, whatever happens next, has been a huge winner while he’s backed it. The honest conclusion is that his value is as a fire-hose of ideas and market color from someone watching more closely than almost anyone — not as a signal to be traded blindly, in either direction.

This is a roundup and an explainer, not investment advice — Drawpie isn’t a financial adviser, and Jim Cramer’s opinions here are his, dated as shown, and subject to change on his next show. Do your own research and consider a licensed professional before acting on any pick, his or anyone’s. For the market theme behind several of these calls, see the rotation into AI-hardware stocks.