Cramer's concentrated bet: energy, CPU stocks, and Nvidia's record buyback
As seen on the 24/7 Wall St. homepage on September 28, 2026.
Mad Money w/ Jim Cramer 9/28/26
- Cramer stays with Intel and Meta, calling Meta's Muse agentic platform a CPU-driven demand cycle for Intel, AMD and Arm
- Intel fell 7 points; he frames the pullback after a parabolic run as another entry chance
- Nvidia's $150 billion buyback, the largest ever, plus its plan to rein in autonomous AI agents
- Chevron called the king of oil; Enbridge flagged for its 6% yield, with Microsoft's Copilot and Apple also named
With breadth the narrowest since the dot-com unwind, Cramer's answer is to concentrate: energy for pricing power, CPU names for a product cycle that higher rates cannot dent. Owners of Intel get told the 7-point drop is an invitation, and Nvidia holders get the biggest buyback ever as the floor under the stock.
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With market breadth at its narrowest since the dot-com unwind, Cramer is concentrating into two pockets: energy names with pricing power and CPU-driven semiconductor plays he believes a higher-rate environment cannot derail.
Cramer reads Intel's 7-point pullback after a parabolic run as an entry point, with Meta's Muse agentic platform driving a fresh demand cycle for Intel, AMD, and Arm.
Nvidia holders get a structural floor: a $150 billion share buyback, alongside a plan to rein in autonomous AI agents.
On energy, Cramer calls Chevron the king of oil and flags Enbridge for its 6% yield, treating income and pricing power as complementary arguments for the sector.
Mentioned: NVDA, MSFT, AAPL, META, TSLA, PG, COST, CVX, AMD, PEP, ARM, ENB, TRI, INTC, UPS