Cramer highlights 3 stocks to watch in a deeply oversold market that's bouncing Friday

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 21 min. at publisher
  • 📊 Quality Score:
  • News: 78%
  • Publisher: 72%

Morning Meeting Recaps News

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. Stocks reversed to trade sharply higher Friday. The Dow , around noon ET, jumped more than 750 points, or over 1.8%. In fact, the S & P 500 and Nasdaq also surged roughly 1.8% each. The market was rather flat at the time the Morning Meeting was recorded.

Jim has expressed confidence in Broadcom's custom AI chip business, which is poised for significant growth in the years ahead. 3. Club name Eli Lilly jumped roughly 5% on Friday after a study showed that competitor Novo Nordisk 's next-generation obesity drug did not meet weight loss expectations. Novo shares plunged 17%. Citi analysts called the results a "best-case scenario" for Lilly.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jim Cramer's top 10 things to watch in the stock market FridayWall Street was back in the soup Friday morning but trimming some losses on a cooler inflation reading.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market FridayThe takeaway from Broadcom's earnings: There's insatiable demand for AI chips from the tech titans.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market FridayThe November jobs report came in slightly above expectations.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market FridayNvidia doesn't need to make price concessions on Blackwell. Plus, my case for not selling Alphabet on DOJ fears.
Source: CNBC - 🏆 12. / 72 Read more »

Cramer's week ahead: Inflation data and earnings from Oracle, Broadcom and GameStopCNBC's Jim Cramer on Friday walked investors through next week's Wall Street action.
Source: CNBC - 🏆 12. / 72 Read more »