Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Wall Street was lower to start the new week after the S & P 500 closed at a new record high Friday. The 10-year Treasury yield continued to climb Monday, pressuring stocks. In his Sunday column , Jim Cramer wrote about how big money going into S & P funds impacts the overall market. Nvidia , meanwhile, took out its all-time intraday high in early trading. Fellow Club stock Disney fell in Monday’s down market after news that board member James Gorman would take over as chairman Jan. 2. The ex- Morgan Stanley CEO , who was already leading Disney’s CEO succession committee, said Bob Iger’s replacement would be announced in early 2026. Morgan Stanley’s research analysts raised their Home Depot price target to $450 per share from $380 — implying 7.5% upside from last Wednesday’s record close. Shares fell Monday, extending back-to-back losses. The analysts think the home improvement sector is bottoming and the turn is near. Morgan Stanley said Home Depot’s purchase of building products distributor SRS is going well. The analysts also see Home Depot as a big retail winner from technology and artificial intelligence. Honeywell and Alphabet , both Club names, are teaming up to bring Google’s Gemini generative AI to the industrial sector. The goal is to leverage Honeywell’s massive data set, which can lead to reduced maintenance costs, increased productivity, and opportunities to teach employees new skills. Earlier this month, we updated Honeywell stock to our buy-equivalent 1 rating after the company announced plans to spin off its advanced materials business. Honeywell is set to report earnings before Thursday’s opening bell. Stocks covered in Monday’s rapid fire at the end of the video were J & J spin-off Kenvue , United Parcel Service , Vans and The North Face parent VF Corp. , RH , formerly Restoration Hardware, and Boeing . (See here for a full list of the stocks in Jim Cramer’s Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will 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 trust’s 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 ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
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