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Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. Wall Street was bouncing higher Friday after, as Jim Cramer put it, a “really bad day” in the prior session. Thursday’s late-day decline happened as bond yields rose on “good economic data being viewed as bad news.” The market also sold off despite a 9% post-earnings increase in shares of Nvidia . The AI chip giant’s stock was up modestly Friday. Goldman Sachs pushed its forecast for the first Federal Reserve interest rate cut to September from July. Rates must remain higher for longer because we “can’t have inflation being the biggest problem in America,” Cramer said Friday. 2. Eli Lilly is investing $5.3 billion to boost manufacturing at an Indiana plant to expand production of weight loss drug Zepbound, diabetes treatment Mounjaro, and others. That brings Lilly’s total investment at the site to $9 billion from $3.7 billion. The company expects to begin making medicines at the site toward the end of 2026, with operations scaling up through 2028. That big investment upfront shows Lilly’s commitment. “There’s such demand for this product,” Cramer said, referring to those GLP-1s with the common active ingredient tirzepatide. Zepbound and Mounjaro compete against Novo Nordisk ’s Wegovy and Ozempic. 3. Four Club names report earnings next week: Salesforce, Best Buy, Foot Locker and Costco. Salesforce is on Wednesday after the closing bell. The stock was down in sympathy with HR software company Workday . Cramer said he was “almost tempted to buy some” Salesforce on the dip. Best Buy is on Thursday before the opening bell. Cramer said he was early in buying the electronic retailer in case artificial intelligence PCs came to market quickly. That didn’t happen. But it will. Foot Locker is also out Thursday morning. It’s about trying to see where CEO Mary Dillon is in her turnaround. The weak performance lately from Nike isn’t a great sign. Costco is on Thursday after the bell. Could Costco be the next to split its stock? Cramer said it would be great and pointed out he had been urging Nvidia to split, which it did this week. (See here for a full list of the stocks in Jim Cramer’s Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.