Jim Cramer’s New “Favorite” Might Actually Be Worth Its Weight in Gold (For Once)

No cap, Jim Cramer has a new “favorite” stock (big surprise). I’m starting to think this dude has the same hype energy as my toddler son discovering literally everything. Like, everything’s his “favorite” for about 2.5 seconds. That random stick he picked up… Favorite. The bubble wrap from Amazon… Also favorite. My leftover pizza he annihilated… obviously the best snack in the entire universe.

Well just like my son, Mad Money Jim is back at it, and this time he’s full-on cruising on Agnico Eagle Mines. But wait for it… this “favorite” might actually be legit.

Cramer said it straight up during his latest financial TED Talk disguised as stock tips: “The price of gold has been on an incredible run this year, but some of the gold miners have done even better. Take Agnico Eagle Mines, my favorite, the Canadian company, that’s one of the best operators in space, maybe the best.”

Before you start doom-scrolling through Cramer’s track record, let’s stay grounded for a sec. AEM is up a very respectable 58% this year. Cramer called it “a terrific top and bottom line beat with a stunning level of free cash flow generation.” Ok Jim… so they made serious bank.

And by serious bank, I mean the numbers are wild. Q1 net income shot up 134% year-over-year to $815 million. Free cash flow hit $594 million… and most importantly, revenue mooned 35% to $2.47 billion while costs dropped 10% (ok, I see you). 

They’re sitting on over $1 billion in operating cash flow and yeeted their net debt down to $5 million. Plus, they’re hoarding $1.1 billion in cash like they’re prepping for the financial apocalypse. And get this… they’re still paying shareholders like $0.40 per share dividend and $50 million in buybacks this quarter. It’s giving “rich friend who always picks up the check” vibes.

 

Wall Street bros are low-key obsessed, too. Five analysts said, “Sike, we were wrong,” and bumped up their earnings estimates in the last 60 days. The consensus is now $6.94 per share, a 64% year-over-year jump that’d make even the most dead-inside trader do a happy dance. For this quarter, they expect $1.63 per share… a 43% hike from last year. On top of that, the stock has consistently beaten earnings estimates by 10%. Shares are up 15.1% in the last month, leaving the S&P 500’s 1.2% in the dust. 

But hold up… before you YOLO your entire Robinhood account on Canadian gold miners, remember Cramer’s “favorites” have shorter attention spans. The man’s declared more stocks his favorite than there are Taylor Swift eras (and that’s genuinely impressive).

Plus, there are some real risks lurking on the horizon. Gold prices have been about as stable as my mental health during football season (Go Titans… “oh no, we suck again”). One bad turn (project delays, economic chaos, interest rate drama) and this whole vibe could fall apart overnight. Sure, Rockcliffe Capital is calling for 25% upside, but if you’ve spent more than five minutes around mining stocks, you know the classic disclaimer: if the macro turns ugly, everything can go wrong… fast.

Remember, Trump’s tariffs (especially the ones slapped on Swiss gold bars) have been a big part of gold’s recent pump. They stirred up plenty of market uncertainty, and when investors get spooked, they run to gold like it’s the world’s fanciest security blanket. That’s a big reason gold futures have been smashing record highs lately… so yeah, thanks for that, Donald (I guess).

To wrap this up… after digging deeper, AEM doesn’t look like another Cramer flavor-of-the-week (at least to me). They’re making money hand over fist now (key word: now), have a balance sheet that can ride out the next gold price whipsaw from interest rate shocks, central bank buying sprees, or a sudden safe-haven rush, and are stealing market share while weaker miners gasp for air. If you want gold exposure without the usual depression, this is one of the rare plays that actually makes sense… and if tariffs or another round of market chaos hit, it could light an even bigger fire under it. Just don’t tell your crypto buddies, you’re investing in gold… you’ll never hear the end of it.

At the time of publishing this article, Stocks.News holds positions in Amazon as mentioned in the article.