Mad Money w/ Jim Cramer 7/21/26

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**Jim Cramer** (1:01)
My mission is simple, to make you money.
I'm here to level the playing field for all investors. There's always a bull market somewhere, and I promise to help you find it. Mad Money starts now.

**Jim Cramer** (1:18)
Hey, I'm Cramer.

**Jim Cramer** (1:19)
Welcome to Mad Money.

**Jim Cramer** (1:20)
Welcome to Cramerca.

**Jim Cramer** (1:22)
Other people make friends. I'm just trying to make a little bit of money here. My job is not just to entertain, but to teach you. So call me at 1-800-743-CMC. Tweet me at Jim Cramer. Holy cow, people, I am not anti-tech. I am not a Luddite. I like data centers so much, I wish I lived in one. And I did sleep next to a nuclear power plant during the rather ignominious time I lived out of my car. No police officer has ever roused in someone sleeping in a 1978 Ford Fairmont in the parking lot next to some long-shuttered Sacramento Newt facility. Yet on a day like today, where the Dow gained 385 points, S&P climbed .89%, but the Nasdaq jumped 1.29%. People are talking about me like I'm running around here with my hair on fire trying to get you out of the biggest winners of all time, the memory stocks, the DRAMs, and the glorious high bandwidth plays like Micron and SK Hijinx. That's my nickname for SK Hynix, because this monster from Korea that now trades here has hijacked our trading and often determines how our chip stocks are going to end up. Yes, the addition of that stock in the NASDAQ 100, which should happen soon, plus the inclusion of SpaceX, has added a ton of volatility, something I don't think you truly appreciate. Oh, and I wish I had some hair to catch on fire. But that's old news.
Some of you have complained to me that I've kept you out of Sandisk, which is up 570% year to date, Micron up 240%, Seagate up 224%, Michael Dell up 221%, and Western Digital up 218%.
I don't know how that's possible. I've liked Micron for ages, and if he asked Michael Dell, who's the most positive person in the media, toward his amazing company, I bet he'd say, Jim Cramer. So I'm not anti-tech, but I do like diversification. We've had some sickening days of late where all these stocks that I just mentioned got clobbered.
I started this show in 2005, determined to keep people in the market and not get blown out.
Many of you forget that a whole generation of investors was wiped out by betting on the Internet. Another whole cohort was destroyed, just destroyed by the Great Recession because they owned too many stocks that were connected to finance. They just didn't know it. These two events are the reasons why we all defaulted to index funds going for average, because average was per se diversified. Now I run an investing club, and I wrote a book called How to Make Money in Any Market. Both stand for picking some individual stocks, but only after you build up a comfortable position in the SP500 index fund. Most of the so-called smartest investors have spent no time studying what happens to your portfolio if you buy an index fund and marry it with some of the greatest stocks of all time. They hate it when you buy individual stocks. They want your money so that they can pick them for you. I hate their disdain for your stock picking abilities. It is condescending, it is petty, it is arrogant. But I do want you to know all the risks included in concentration risk, which is one of my biggest worries, when it comes to this group.