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Jim Cramer's latest thinking on our industrial stocks after their post-earnings slumps

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Morning Meeting Recaps Notícia

Jim Cramer,Investment Strategy,Markets

The Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.

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 Friday's key moments. 1. The S & P 500 is in the green Friday morning, extending Thursday's gains, which ended a three-day losing streak. Big Tech contributed to the rally, and that includes Apple despite a downgrade from KeyBanc that took the stock to underweight from sector weight.

Shares of Honeywell seesawed Friday as investors continue to chew on the industrial conglomerate's disappointing third quarter , which sent the stock down 5% Thursday. The results were hurt by bad execution, energy project delays, and a lack of recovery in industrial automation. The market was also disappointed that the company didn't provide initial framework on 2025. Honeywell is a battleground stock, with reasons to like it and question it.

 

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