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On CNBC’s “Mad Money Lightning Round,” Jim Cramer recommended buying Cisco Systems Inc., noting that it had a really good quarter. “I know that they gave very conservative guidance, but that’s all it was,” he added.
On Aug. 12, Cisco reported better-than-expected financial results for the fourth quarter of fiscal 2026. The company guided for fiscal year 2027 revenue of $72.2 billion to $73.4 billion versus estimates of $68.69 billion. The company also guided for full-year adjusted earnings of $5.05 to $5.11 per share, versus estimates of $4.80 per share.
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Apple Inc is “still a good buy” and he would own the stock, not trade it, Cramer said. “I know we’ve got a new CEO coming in, and I have made no secret of how great I think Tim Cook is. I do want to get to know the new CEO, and I don’t know John Ternus. However, I do think the company is going to be in good hands if Tim Cook says it’s in good hands because he has never been anything other than true north for me,” he added.
On Wednesday, Apple confirmed that its “Surprise and shine” event will begin at 10 a.m. PT on Sept. 9, with the presentation expected to take place at Apple Park and stream online. The event will be particularly significant because Ternus will succeed Cook as CEO on Sept. 1.
“Now look, if you believe, as I do, that we could have rampant inflation down the road,” Cramer said when asked about Vale S.A.. “I would actually use it to hedge.”
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B of A Securities analyst Caio Ribeiro downgraded Vale from Buy to Neutral on Aug. 5 and lowered the price target from $18 to $16.
When asked about ERock Inc, he said, “We’re not going to do this one. I mean, if you’re going to go there, you’ve got to go with CoreWeave.”
On the earnings front, ERock reported better-than-expected second-quarter results on Aug. 11.
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Building Wealth Across More Than Just the Market
Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That’s why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn’t tied to the fortunes of just one company or industry.
