Jim Cramer Says the Market Is “Dead Wrong” About These 5 Oversold Stocks

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Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTThomas RichmondFri, July 17, 2026 at 11:14 PM GMT+2 3 min readQuick ReadCramer called GE and Wells Fargo mismarked, with GE beating EPS estimates by 9% yet falling 4% and WFC trading at just 12 times earnings.J&J dropped $8 on a minor heart unit miss while TREMFYA surged 68% and the company logged its 64th straight dividend increase.Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and UnitedHealth Group didn't make the cut. Grab the names FREE today.On Thursday, July 16, during the broadcast of Mad Money, Jim Cramer pushed back on the market's punishment of several blue-chip companies that just posted strong quarters. He named five companies that he believes deserve investors' attention today.24/7 Wall St."It takes a lot of hubris, a lot of guts to disagree with the market's judgment about a stock after it reports," Cramer said. "You're basically saying that the collective wisdom of millions of people and billions of dollars is just plain wrong."The Dow fell 106 points, the S&P 500 dropped 0.51%, and the Nasdaq lost 1.47% on the day. Cramer argued that in that session, quality names got thrown out with the growth trade.GE Aerospace: A Guidance Raise Met With SellingGE Aerospace (NYSE:GE) fell roughly 4% despite a clean beat and a broad guidance raise. In Q2, adjusted EPS of $2.02 beat the $1.86 consensus, revenue climbed to $13.35 billion, up 21.1% year over year, and free cash flow jumped 43% to $3.03 billion. Management lifted full-year adjusted EPS guidance to $7.65-$7.85 and pointed to a backlog of over $210 billion.Cramer's take: "GE Aerospace remains the best institutional choice right now. You never sell the stock of GE, by the way, before Farnborough. The market's dead wrong here." GE is still up 30.55% over the past year and 12.54% year-to-date.Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and UnitedHealth Group didn't make the cut. Grab the names FREE today.Wells Fargo: Cramer Calls It "A Steal" At 12x EarningsWells Fargo (NYSE:WFC) is the name Cramer told his Investing Club members was "a steal" at 12 times earnings. Q1 2026 delivered $1.60 in diluted EPS on $21.446 billion in revenue, with $4.0 billion in buybacks and a raised medium-term ROTCE target of 17-18%."Wells Fargo's quarter wasn't just good. I thought it was terrific," Cramer said. "The analysts were fixated on the sinkhole net interest income. And also they care about net interest margin. Sometimes it's just so myopic." Under CEO Charlie Scharf, Cramer sees Wells transforming into a merchant bank, with Markets revenue up 19% and Wealth & Investment Management client assets up 11% to $2.2 trillion.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info