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 were higher Friday with the S & P 500 on pace for its fifth straight session of gains. Jim Cramer pointed out that the speculative trade is on — as investors pile into riskier bets.
CrowdStrike shares jumped more than 3% on Friday — continuing their comeback since one of the cybersecurity company's software updates caused a global IT outage in July. Jim believes CrowdStrike has more room to run as indicated by the Club's buy-equivalent 1 rating on the stock. The company reports earnings next week. Wells Fargo analysts said, "While these next two quarters could be choppy, we believe Crowdstrike is still the single-best solution for stopping breaches.
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