Jim Cramer wants to buy more shares of 2 portfolio companies with favorable catalysts

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. 1. Stocks kicked off the week on a high note, with big tech lifting the Nasdaq to new records. This week is crucial for the tech sector as Club names Alphabet , Apple , Amazon , Meta Platform, and Microsoft all report earnings.

Home Depot shares gained 1% on Monday after TD Cowen raised its price target on the Dow stock to $460 per share from $440, implying more than 15% upside to Friday's close. The analysts highlighted the Club company's strong position for the next home improvement cycle. TD Cowen pointed to favorable demographic trends, new home shortages, and record home equity availability as key factors driving growth.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Jim Cramer's top 10 things to watch in the stock market ThursdayWall Street was lower after September inflation data came in slightly hotter than expected and initial jobless claims topped estimates.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Jim Cramer's top 10 things to watch in the stock market FridayWholesale inflation came in below expectations. Meanwhile, skeptics are everywhere after Tesla's robotaxi event.
Fuente: CNBC - 🏆 12. / 72 Leer más »