3 takeaways from our daily meeting: Stocks teeter, an oil trim, obesity drug fast track

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Investing Club: 3 takeaways from our daily meeting: Stocks teeter, an oil trim, obesity drug fast track

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 Thursday's key moments. Stocks teeter Selling high, considering buying Quick mentions: LLY, COST 1. Stocks teeter Stocks swayed on Thursday after starting the week with sharp gains that puttered out by Wednesday.

We're eyeing Estee Lauder , which we believe will have a great next quarter, and Constellation Brands as stocks we could potentially buy into weakness. 3. Quick mentions: LLY, COST Here are updates on two Club names: The U.S. Food and Drug Administration fast tracked the approval process for Eli Lilly 's obesity treatment, which is already approved for type-2 diabetes. Jim reiterated his prediction that Tirzepatide could become "the greatest selling drug of all time.

 

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