Every weekday CNBC Investing Club hosts a “Morning Meeting” live stream with Jim Cramer at 10:20 a.m. ET. Here’s a summary of Wednesday’s highlights. 1. Stocks were in the red on Wednesday, led by losses from the Nasdaq Composite. After the bell, Nvidia slipped 2% ahead of its earnings, underweighting the tech-heavy index. Investors are anxiously awaiting an update on its next-generation Blackwell AI chips and whether reports of overheating issues could delay earnings growth. Jim Cramer reiterated his belief that Blackwell’s big picture rollout is fine. Elsewhere, investors were also rattled by Target’s disappointing results. The retailer missed sales and earnings expectations, sending the stock down 21% on Wednesday. Jim said the “fragmented” retail industry is “getting into three winners”: Walmart is rounding out the group, along with club holdings Amazon and Costco. 2. Jim Cramer said he sees a “great opportunity” to buy CrowdStrike as shares fell nearly 2% on Wednesday. While we are currently holding off on trading the stock, we added to our CrowdStrike position on Tuesday as the market declined in morning trade on geopolitical concerns. Wednesday’s pullback only makes the crowd strike more attractive given the growing potential cyber threats. Fellow cybersecurity company Palo Alto Networks is set to report after the bell on Wednesday, giving investors a much-needed update on its platformization strategy and its impact on deal sizes. . 3. Jim has a message for investors: Don’t sleep on the growth potential of Disney’s cruise ship business. He said that after attending an event to celebrate the launch of his new ship, Disney Treasure, he gained a greater appreciation for its future. “I’m overwhelmed by IP, and the idea that they can leverage their intellectual property to do anything,” Jim said. “They’re going to have a big fleet of ships. It’s going to end up like a theme park where they’ve been for, maybe, five years.” He argued that investors should start looking at Disney World’s cruises “as a real leg up” alongside traditional theme parks and movies. Jim’s comments on Wednesday underscore our belief that current challenges to Disney’s experiences business, namely cautious consumers and recent weather challenges, are temporary. The stock rose after last week’s earnings. 4. Stocks covered in Wednesday’s sharp fire at the end of the video were: Target, Williams-Sonoma, JP Morgan, Chevy, and Delta Airlines. (Jim Cramer’s Charitable Trust is long NVDA, AMZN, COST, CRWD, PANW, DIS. See here for a complete list of stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you receive Jim’s first trade alert. Will be. trades. Jim waits 45 minutes after sending a trade alert before buying or selling stocks in his charitable trust 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 Investing Club information above is subject to our terms and conditions and privacy policy, along with our disclaimer. No formal obligation or duty exists, or is created, by reason of your receipt of any information provided in connection with Investing Club. No specific results or profits are guaranteed.
Jim Cramer wants to buy this falling tech stock — and shares another reason to like Disney.
