In a recent segment of his popular show Mad Money, Jim Cramer delved into the fluctuating stock market, dissecting the performance of various companies, including Delta Air Lines, Inc. (NYSE:DAL). Cramer is known for his frank assessments and lively charisma, and this episode was no exception as he engaged his audience on a pressing topic: has the market finally bottomed out?

On Monday, Cramer expressed astonishment at the rapid shifts occurring within the market. 'If you told me this is where the market was headed two or three months ago, I would have thought you were insane, even crazier than I am,' he remarked. This commentary reflects the unpredictable nature of stock trading, particularly in light of recent investor behaviors where they are now purchasing stocks that were once viewed unfavorably. Conversely, he noted that investors are also beginning to short stocks that they previously held in high regard. This significant pivot in investor sentiment has been described by Cramer as 'frankly unfathomable.'

Cramer continued to elaborate on the recent market dynamics, stating, 'Were now buying stocks we hated and were despising, and guess what we are now selling short the stocks that we used to worship. And its all happening on the fly.' Cramer emphasized the complexity of interpreting the underlying factors at play, adding, 'You cant tell whats underneath though but that makes it much easier for those real seekers who want to surf the Trump stock wave.' His colorful analogy captures the volatile nature of the current investment landscape.

During the episode, Cramer focused on a central question that is likely on the minds of many investors: has the market truly bottomed? 'Fresh off a turbulent week for the tape, Im opening up the phone lines and answering your most pressing questions because are we at a bottom? Thats what everybody wants to know,' he stated. He mentioned the recent tariff exemptions announced by President Trump, which had a notable effect on the market. Following the announcement related to temporary exemptions on tariffs for key technology products like phones, computers, and semiconductorsespecially those with implications for major companies like Applethe major indices experienced a surge.

'In a tape this volatile we have headlines dropping left and right,' Cramer noted. 'I spend so much time trying to figure out whats going on, but I think that periodically I nail it.' With this thought, he invited viewers to call in, emphasizing the importance of interaction with the audience during a time when clarity is greatly sought after.

To support his analysis, we compiled a list of 11 stocks that Cramer discussed during the April 14 episode of Mad Money. These stocks were presented in the order of mention, and we also included insights into hedge fund sentiment for each stock, based on data from Insider Monkeys extensive database of over 1,000 hedge funds.

The rationale behind our interest in stocks that hedge funds tend to favor is straightforward: research indicates that mirroring the stock picks of top-performing hedge funds can lead to superior market returns. Our quarterly newsletter employs a strategy that identifies 14 small-cap and large-cap stocks each quarter, which has resulted in an impressive 373.4% return since May 2014, significantly outperforming its benchmark by a remarkable 218 percentage points.