Key points
- 10 of Jim Cramer's tech and chip calls since late April, including Micron (MU), Intel (INTC), and Salesforce (CRM), are down 7.2% on average, and only 1 (Corning, GLW) is in the green.
- 13 of his non-tech calls over the same stretch, like GE Aerospace (GE) and Capital One (COF), are roughly flat on average (down 0.4%), and 6 of the 13 are still positive.
- His newest calls, from July 6 through July 8, are too fresh to grade honestly. AIStockWire's live Inverse Cramer tracker at /cramer keeps score on those in real time.
Every trader has a stock personality they trust more than others, and for a lot of AIStockWire readers, that's the running joke about Jim Cramer. The idea behind "inverse Cramer" is simple: fade whatever he's bullish on and ride whatever he's bearish on, and see if you beat the market. We pulled 23 of his on-air calls from late April through early July 2026, split them into tech versus everything else, and checked the real price then against the real price now.
The short version: his tech calls are getting hammered. His other calls are a mixed bag that, on balance, comes out close to breakeven and beats tech by a wide margin.
How we built this
Every call below is one Mad Money, Lightning Round, or Investing Club mention Cramer made on a specific stock, dated as closely as we could confirm from CNBC recaps and financial news wires. The "price then" column is the stock's actual closing price on the trading day of the call, pulled from real market data, not an estimate. The "price now" column is intraday July 9, 2026, so it will keep moving after this is published. A few of the chip names (Micron, Marvell, AMD, SanDisk) were grouped together in a single June 30 segment naming them as the second quarter's best-performing chip stocks rather than a fresh "buy this now" pitch, so we labeled the segment honestly in the table below even though it still counts as a bullish signal from him. We left out anything he said in just the last few trading days since a stock needs more than 2 or 3 days to fairly judge a call.
The tech calls: 1 winner out of 10
This is the group that matches the reader hunch that kicked off this piece. Cramer's bullish calls on chip and software names since late April are down 7.2 percent on average, and only Corning (GLW) is actually profitable.
| Date called | Stock | Call | Price then | Price now | Change |
|---|---|---|---|---|---|
| Jun 30 | Micron (MU) | Bullish | $1,154.29 | $1,017.92 | -11.8% |
| Jun 30 | Intel (INTC) | Bullish | $139.63 | $112.31 | -19.6% |
| Jun 30 | Marvell Technology (MRVL) | Bullish | $297.89 | $246.73 | -17.2% |
| Jun 30 | AMD | Bullish | $580.91 | $545.23 | -6.1% |
| Jun 30 | SanDisk (SNDK) | Bullish | $2,273.73 | $1,943.20 | -14.5% |
| Jun 11 | Microchip Technology (MCHP) | Bullish | $92.94 | $89.86 | -3.3% |
| Jun 12 | Cadence Design Systems (CDNS) | Bullish | $384.96 | $383.81 | -0.3% |
| May 27 | Alphabet (GOOGL) | Bullish | $388.83 | $356.89 | -8.2% |
| May 28 | Salesforce (CRM) | Bullish | $176.17 | $162.49 | -7.8% |
| Jun 10 | Corning (GLW) | Bullish | $168.17 | $196.19 | +16.7% |
Intel (INTC) is the ugliest one. Cramer called it his favorite stock on June 30 at $139.63, tied to CEO Lip-Bu Tan's turnaround story, and it's down 19.6 percent since. Marvell Technology (MRVL) and SanDisk (SNDK) aren't far behind, both down more than 14 percent after getting grouped in as the quarter's chip winners right before the whole group rolled over. That rollover shows up across the site's own coverage too, including the chip selloff on July 1 that hit Micron and Intel the same week Cramer was still naming them favorites, and Michael Burry's decision to short Micron (MU) from a much higher price around the same stretch.
Salesforce (CRM) is a smaller but telling miss. Cramer turned bullish on May 28 as software "ready to act," and it's down almost 8 percent since, including a KeyBanc downgrade to Hold in early July that he pushed back on publicly. The one real bright spot is Corning (GLW), up 16.7 percent since his "I love Corning" comment on June 10, tied to the fiber and glass demand story around AI data centers.
Everything else: 6 winners out of 13
Outside chips and software, the picture looks nothing like the tech group. Industrials, energy, banks, and consumer names came in close to flat on average and just under half are still green.
| Date called | Stock | Call | Price then | Price now | Change |
|---|---|---|---|---|---|
| Apr 29 | MP Materials (MP) | Bullish | $61.30 | $52.23 | -14.8% |
| May 5 | Banco Santander (SAN) | Bullish | $11.88 | $13.82 | +16.3% |
| May 5 | Altria (MO) | Bearish (trim half) | $72.79 | $72.20 | -0.8% |
| May 12 | Chevron (CVX) | Bullish | $185.95 | $174.45 | -6.2% |
| May 18 | FedEx (FDX) | Bullish | $302.83 | $310.63 | +2.6% |
| May 26 | Leidos Holdings (LDOS) | Bullish | $128.12 | $106.94 | -16.5% |
| May 28 | GE Aerospace (GE) | Bullish | $320.82 | $359.60 | +12.1% |
| Jun 1 | ZIM Integrated Shipping (ZIM) | Bullish | $24.72 | $24.19 | -2.2% |
| Jun 4 | Capital One (COF) | Bullish | $183.20 | $199.61 | +9.0% |
| Jun 12 | Constellation Energy (CEG) | Bullish | $253.76 | $250.45 | -1.3% |
| Jun 17 | Vistra (VST) | Bullish | $158.83 | $158.65 | -0.1% |
| Jun 30 | GE Vernova (GEV) | Bullish | $1,174.86 | $1,083.23 | -7.8% |
| Jul 1 | Moderna (MRNA) | Bullish | $72.50 | $75.46 | +4.1% |
The wins here are real ones. GE Aerospace (GE) is up 12.1 percent since his May 28 call, Banco Santander (SAN) is up 16.3 percent on the back of its Webster Bank deal, and Capital One (COF) is up 9 percent since he said he'd buy back shares the desk had sold higher. The misses are real too, especially Leidos Holdings (LDOS) and MP Materials (MP), both down more than 14 percent. Vistra (VST) is close enough to flat, down 0.1 percent, that it's basically a coin flip either way. Still, 6 of these 13 calls are profitable right now, against 1 of 10 on the tech side.
Why the gap
Part of this is just math. Semiconductor and software names carry higher valuations and trade on future growth assumptions, so the same broad pullback that costs an industrial or energy stock a few percent can knock a richly priced chip stock down double digits. The first-half scoreboard we ran on AI stocks tells the same story from a different angle: the group that led the market up in the first half is also the group giving the most back now. Cramer wasn't wrong that chips were the hot trade this year. He was late calling the top of it, and June 30 turned out to be close to the exact wrong week to keep naming new favorites in the group.
His non-tech calls didn't cluster around one narrow, crowded trade the same way, so they didn't all get hit by the same single air pocket. A bank call, a shipping call, and a tobacco call don't share the same risk the way five chip calls made in one segment do.
What's too new to grade
Between July 6 and July 8, Cramer named a run of new picks, including Casey's General Stores (CASY), Johnson & Johnson (JNJ), PepsiCo (PEP), Starbucks (SBUX), TJX Companies (TJX), a reiterated buy on FedEx (FDX), and a bearish call on Wendy's (WEN). A stock needs more than a couple of trading days to fairly judge, so we left those out of the scoreboard above. AIStockWire's own Inverse Cramer tracker logs each of his calls the moment they're made, with the exact price at the time, and updates the return live as the market moves, so you can watch these newest ones develop in real time instead of waiting for a recap.
None of this is a scientific study. 23 calls over about ten weeks is a small sample, markets were unusually volatile in this window with a chip selloff, an Iran-related oil spike, and a wave of AI infrastructure headlines all landing in the same stretch, and one rough quarter for tech calls doesn't prove Cramer is worse at picking chips than anything else going forward. It's simply what actually happened to the money, this time. None of this is investment advice, and past returns on any single call, in either direction, don't guarantee what happens next.
Frequently asked questions
What is "inverse Cramer" and does betting against Jim Cramer actually work?
"Inverse Cramer" is the long-running Wall Street joke that fading Jim Cramer's on-air stock calls beats following them. Looking at 23 of his calls from late April through early July 2026, the pattern held up clearly on tech names, where 9 of 10 bullish calls are currently losing money, but it was much weaker on his other picks, where just under half are still profitable.
Why do Jim Cramer's tech stock calls underperform his other picks?
In this stretch, his bullish calls on chip and software names like Micron (MU), Intel (INTC), and Salesforce (CRM) averaged a 7.2 percent loss, versus close to flat for his industrial, energy, bank, and consumer picks. Semiconductor and software stocks tend to carry higher valuations and more volatility, so the same market pullback that costs an industrial stock a few percent can cost a highly priced chip stock much more.
Which Jim Cramer stock call performed the worst in this stretch?
Among tech calls, Intel (INTC) fell the furthest, down 19.6 percent from his June 30 comment calling it his favorite stock at $139.63. Among his non-tech calls, Leidos Holdings (LDOS) fell the hardest, down 16.5 percent from his May 26 bullish call.
Where can I see Jim Cramer's stock calls tracked live?
AIStockWire runs a live Inverse Cramer tracker at /cramer that logs each call with the exact price at the time it was made and updates the stock's return automatically as the market moves, so newer calls can be checked in real time instead of waiting for a follow-up article.
