12 Stocks on Jim Cramer’s Radar

Group 1: Private Equity and SaaS Companies - Jim Cramer expressed concerns about private equity firms investing in software-as-a-service (SaaS) companies that are vulnerable to AI disruption, questioning their portfolio choices [1] - Cramer emphasized the need for private equity firms to attract real institutional buyers willing to purchase at realistic discounts, rather than relying on inflated valuations [1] Group 2: Advanced Micro Devices Inc. (AMD) - Advanced Micro Devices Inc. (NASDAQ:AMD) shares have increased by 105% over the past year but have decreased by 4% year-to-date, facing a 17% drop after its fourth-quarter earnings report [6] - Baird maintained an Outperform rating for AMD with a price target of $300, citing AI demand and accelerated sales of AI CPUs as positive factors [6] - Evercore ISI raised AMD's price target from $328 to $358 while also maintaining an Outperform rating, following a significant $60 billion deal with Meta for GPUs and CPUs [6] Group 3: The Home Depot Inc. (HD) - The Home Depot Inc. (NYSE:HD) shares have decreased by 2.2% over the past year but increased by 11% year-to-date, with Bernstein raising its price target from $362 to $381 while maintaining a Market Perform rating [7] - The Home Depot reported $38.20 billion in revenue and $2.72 in earnings per share, surpassing analyst expectations, with same-store sales growth of 0.4% [7] - Cramer defended The Home Depot's performance post-earnings, questioning the rationale behind selling the stock given its conservative forecasts [7]