Jim Cramer’s CNBC Investment Club hosts a “Morning Meeting” livestream weekdays at 10:20 a.m. ET. A recap of Tuesday’s big moments. 1. Stocks fell on Tuesday after the November jobs report was delayed due to the government shutdown. Although non-farm payroll growth exceeded expectations last month, the national unemployment rate rose to 4.6%, the highest level since September 2021. As concerns about the AI bubble smolder, the club names Broadcom and Nvidia are once again in the spotlight. “I’m going to continue to look for pressure on these stocks as we get some clarity on how long people are going to continue spending[on artificial intelligence],” Jim Cramer said. U.S. crude oil prices briefly fell below $55 per barrel, the lowest level since early 2021. Lower oil prices mean lower gasoline prices, which is good news for consumers. Jim advised his members not to buy oil stocks. 2. According to Jim, Linde stock is a buy. “They’re doing a great job in semiconductors,” CEO Sanjiv Lamba said after his appearance on “Mad Money” Monday night. Linde produces industrial gases for a wide range of applications, from hospital environments to mining to semiconductor manufacturing. “In terms of industry growth, they’ve done a great job.” Lamba also recently bought $1 million worth of Linde stock, which Jim described as a “great” move and a sign of confidence from management. 3. Club Name Qnity was initiated at Oppenheimer with a Buy rating and $100 price target. Analysts call the electronics company a “hidden gem” and say it was hidden inside DuPont until it was spun off last month. “Qnity could have a similar arc to GE Vernova, with both being overlooked carve-outs from ‘old economy’ conglomerates that have successfully repositioned themselves as AI infrastructure champions,” the analysts wrote. GE Vernova stock has risen about 400% since the company’s spinoff in April 2024. If Qnity recovers from its spin volatility, the stock price will rise further, Jim said. The videos were Ford Motor Co., Pfizer, Kraft Heinz, Gap, Estée Lauder (Jim Cramer’s Charitable Trust is long AVGO, NVDA, Q, LIN, GEV, DD. See here for a complete list of stocks.) Subscribers to Jim Cramer’s CNBC Investing Club will receive alerts before Jim makes a trade. Issuing a trade alert before buying or selling stocks in a charitable trust’s portfolio If Jim spoke about stocks on CNBC TV, the investment club information above, along with our disclaimer, will wait 72 hours after issuing a trade alert. No obligations or obligations arise or arise from the receipt of information provided in connection with the Investment Club, and no specific results or benefits are guaranteed.
