Every weekday, CNBC Investing Club hosts a “Morning Meeting” livestream with Jim Cramer at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. U.S. stocks were flat on Friday after the Dow topped 40,000 for the primary time. The Nasdaq Composite and S&P 500 also posted intraday records on Thursday but slipped by the close. It’s a “muted market,” said Jim Cramer, during which “not much is happening in any single place.” But Club, which reports Nvidia’s quarterly results on Wednesday, might be the following catalyst, Jim argued. That’s because investors often view the chipmaker as a pioneer within the bustling artificial intelligence industry. DuPont de Nemours shares rose over 2% after Jefferies analysts upgraded the materials stock to “buy from hold.” The company also raised DuPont’s price goal to $101 apiece from $78, a rise of greater than 30% from Thursday’s close. Analysts praised DuPont for its low cost end markets akin to electronics and predicted a recovery that might last into 2026. We agree with this growth story. “When you have a stock that you really love, you actually want it to go down,” Jim said, adding that the club can be buyers again at a lower level, which is why he rates DD shares at 2. “I want DuPont to fall.” We’re waiting for Palo Alto Networks’ earnings report on Monday. The club reduced its position within the cybersecurity leader on Thursday following the stock’s recent rise. We’d wish to hear more from management in regards to the company’s platformization strategy, which has already led to share price declines following the discharge of February’s quarterly report. However, many Wall Street analysts have been very bullish on Palo Alto stock recently, citing increased deal activity and above-average estimates. (Jim Cramer’s Charitable Trust is long NVDA, DD, PANW. See a full list of stocks here.) As a subscriber to CNBC Investing Club with Jim Cramer, you’ll 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 foundation’s portfolio. If Jim discussed a stock on CNBC television, he waits 72 hours after the trade alert is issued before executing the trade. THE INVESTING CLUB INFORMATION SET FORTH ABOVE IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY, ALONG WITH OUR DISCLAIMER. THERE ARE NO fiduciary duty or duty IN RECEIVING YOUR INFORMATION PROVIDED IN CONNECTION WITH THE INVESTMENT CLUB. NO SPECIFIC RESULTS OR PROFITS ARE GUARANTEED.
