The CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream every weekday at 10:20 a.m. ET. On Friday, strong tech earnings and a pause in rising bond yields helped the market to reverse the previous session’s losses. Better-than-feared inflation numbers and blowout quarters from Alphabet and Microsoft contributed to the positive momentum. Shares of AI chip powerhouse Nvidia rose 4% on Friday and 13% for the week, while the Nasdaq was up over 2%. Alphabet’s strong quarter silenced the bears, with shares jumping roughly 10% following the earnings report. The Club was pleased with the performance of Alphabet, especially with the announcement of its first-ever dividend and a big stock buyback program.
Microsoft shares were up 2.5% on Friday after the company reported clean beats on every line item in their quarterly report. While the revenue guide was slightly light, Azure cloud growth is expected to remain strong. Microsoft is known for under promising and over delivering on its outlooks, with personal computer volumes exceeding management’s expectations. Jim Cramer is considering buying more Best Buy shares on the strength of the PC market. Best Buy is the Club’s newest position, and they have been increasing their stake in the company. Subscribers to the CNBC Investing Club with Jim Cramer receive trade alerts before Jim makes a trade, with a waiting period before executing the trade to avoid any conflicts of interest.
As a member of the CNBC Investing Club, subscribers are kept informed of key market events and insights from Jim Cramer. The Club follows the latest trends, earnings reports, and economic data to make informed investment decisions. Members receive updates on important stocks like Nvidia, Meta Platforms, Alphabet, Microsoft, and Best Buy, along with trade alerts and recommendations from Jim Cramer. While the Club does not guarantee specific outcomes or profits, it provides valuable guidance and analysis to help members navigate the stock market.
The CNBC Investing Club focuses on key sectors such as technology, retail, and finance, highlighting opportunities for growth and value. Members have access to exclusive research and analysis from Jim Cramer and his team of experts. By staying informed and proactive, investors can make strategic decisions to maximize their returns and build a diversified portfolio. With a focus on transparency and accountability, the Club provides a platform for members to engage with Jim Cramer and other investors, sharing insights and ideas for successful investing.
By leveraging the expertise and experience of Jim Cramer and the CNBC Investing Club, members gain valuable insights and actionable recommendations to navigate the complex world of investing. From market trends to individual stock picks, the Club offers a wealth of resources to help investors make informed decisions. By following the Morning Meeting livestream and receiving trade alerts, members can stay ahead of the curve and capitalize on opportunities in the market. With a focus on long-term growth and value, the Club provides a platform for investors to access expert analysis and recommendations to enhance their investment strategies.
