Mad Money w/ Jim Cramer 4/9/26

In this episode of Mad Money, Jim Cramer delivers a dynamic analysis of the shifting tides in the tech sector, where hardware and AI stocks have decisively outperformed traditional software giants. Cramer traces the evolution of the tech industry from the dominance of software in the 1980s and 90s—led by Microsoft and the rise of SaaS—to the current era where AI-driven hardware, particularly NVIDIA, has become the new king. He highlights how the IGV ETF, a major software index, suffered massive losses as companies like Microsoft, Salesforce, and Palantir were dragged down by the broader market rotation toward AI infrastructure. Cramer emphasizes that this isn't just a cyclical shift but a structural realignment, with hardware now eating software in a reversal of the past two decades. He then turns his focus to individual stocks, praising Levi Strauss & Company for its turnaround under CEO Michelle Goss, citing strong revenue growth, strategic brand partnerships, and a compelling valuation. He also champions Vita Cocoa, a coconut water brand with explosive growth, high margins, and a pristine balance sheet, calling its recent pullback a buying opportunity. The episode closes with an in-depth look at Aru, a young AI startup using behavioral simulation to predict consumer trends, and a renewed bullish stance on Amazon after CEO Andy Jassy’s compelling shareholder letter, which reaffirmed Amazon’s massive AI investments and future potential.