Every weekday, the CNBC Investment Club will host a live “Morning Meeting” with Jim Cramer at 10:20 a.m. ET. Here’s a look back at Thursday’s key moments. 1. Wall Street was mixed on Thursday. While the Dow Jones Industrial Average edged higher, the S&P 500 and the tech-heavy Nasdaq gave up early gains and fell. The club’s name, Nvidia, is key to focus on Thursday. Shares of the leading maker of artificial intelligence chips and the world’s most valuable company fell nearly 3% despite better-than-expected profits. The stock opened higher, briefly touching an all-time intraday high, before losing momentum. Jim Cramer said Nvidia’s “biggest problem is distribution,” referring to the tight supply of its next-generation Blackwell chips. “They are trying to produce as much product as possible.” 2. Jim said the market’s reaction to gains both internal and external to the club’s portfolio showed the importance of expectations. In his view, there are basically two categories of companies that have recently released reports: those that no one expects anything good from, such as software provider Snowflake and agricultural equipment maker Deere, and those that set the bar very high. , such as Nvidia and others. Snowflake shares soared more than 30%, while Deere shares rose more than 6%. “The snowflake just got thrown away and no one wanted it,” Jim said. On the other hand, investors are selling off Nvidia and Palo Alto. We’re not worried about Palo Alto’s decline. 3. One club stock to buy Thursday is Dover, which makes thermal connectors for liquid cooling of data center servers containing Nvidia chips. This technology is especially important for Blackwell wafers because they dissipate a lot of heat. To that end, Dover shares rose more than 1.5% on Thursday. “Nothing is stopping. Look, they’re trying to keep up with demand,” Jim said of the industrial conglomerate. Electrical equipment supplier Eaton Corp., another club we hold because of its data center business, saw its shares rise more than 3% on Thursday. 4. Stocks that were hot on Thursday at the end of the video include: Snowflake, BJ’s Wholesale and Deere. (Jim Cramer’s Charitable Trust buys NVDA, PANW, and DOV. See here for a full list of stocks.) As a subscriber to Jim Cramer’s CNBC Investing Club , you will receive trade alerts before Jim Cramer trades. Jim waits 45 minutes after sending a trade alert before buying or selling stocks in his charitable trust portfolio. If Jim talked about a stock on CNBC TV, he would wait 72 hours after issuing a trade alert before executing the trade. The investment club information above is subject to our Terms and Conditions and Privacy Policy and our Disclaimer. No fiduciary duty or obligation is created or created by any information you receive in connection with the Investment Club. No specific results or profits are guaranteed.
Jim Cramer’s takeaways from market reaction to Nvidia earnings | Real Time Headlines
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