Cramer says investors should stick with oil firm Pioneer amid acquisition report

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Cramer says investors should stick with oil firm Pioneer amid acquisition report
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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 fall on strong jobs report, high bond yields U.S. equities were mainly lower Friday morning, with the S & P 500 down 0.13% following a stronger-than-expected September jobs report . Hiring surged in the U.S.

" Shares of Pioneer soared more than 9% Friday, to $235.44 apiece. 3. Stick with Eli Lilly Bank of America on Friday raised its price target on Club name Eli Lilly to $700 a share, up from $600, while maintaining a buy rating on the stock. The firm is bullish on shares ahead of diabetes treatment Mounjaro's likely U.S. approval in the fourth quarter to treat obesity, along with signs of broader insurance reimbursement for related drugs.

 

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