Cramer cites 2 stocks as great buys for new investors. Analysts see one climbing 40%

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. The Nasdaq rose Monday — led by Nvidia 's more than 3.5% gain after CEO Jensen Huang unveiled a new suite of artificial intelligence chips on Sunday. Treasury yields fell sharply on weak manufacturing data . And, oil prices tumbled as OPEC+ announced plans to phase out voluntary production cuts.

5% on Monday — should climb as the Federal Reserve lowers interest rates and the housing market picks back up. "You should just go buy this," Jim said. "It's a very good, very cyclical stock." In his Sunday column, Jim wrote about how enterprise software companies are being threatened by AI, saying Stanley Black & Decker stock will outperform names like Salesforce , which is also a Club stock.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Music Industry 40 Under 40: Execs & Power Players 202440 Under 40 in the music industry: Billboard's 2024 list of executives and power players revealed.
La source: billboard - 🏆 112. / 63 Lire la suite »

BofA names 'Asia's most important stocks' — and analysts give one over 40% upsideBofA Securities has screened for 20 of Asia's 'most important stocks,' selected from the constituents of the MSCI Asia Pacific Index. Here are 10 of them.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Thursday's analyst calls: Fast food stock to surge 40%, what to expect from Nvidia earningsA fast food stock and Nvidia were among the stocks being talked about by analysts on Wall Street.
La source: CNBC - 🏆 12. / 72 Lire la suite »