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☆ Investigators find 11 children working 'dangerous' overnight cleaning shift in meat processing plant
▼ + stars: | 2024-12-03 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Patrick-Smith-Circle-Byline-Template.Jpg | Patrick Smith | ) www.nbcnews.com time to read: +3 min

A cleaning company has been fined $171,000 after federal investigators found 11 children working a "dangerous" overnight shift at a meat processing plant in Iowa. The U.S. Labor Department said in a statement that it found the children working for sanitation company Qvest LLC at the Seaboard Triumph Foods pork factory in Sioux City, Iowa. Image of an adult Fayette Janitorial worker scooping up animal parts at a processing plant taken by the U.S. Labor Department during the course of its investigation of Fayette Janitorial Service. U.S. Department of Labor“These findings illustrate Seaboard Triumph Foods’ history of children working illegally in their Sioux City facility since at least September 2019. A yearlong NBC News investigation into underage workers in slaughterhouses highlighted how children have been hired in slaughterhouses and meat processing facilities.

Persons: Qvest, Virginia . Fayette, ”, Michael Lazzeri, Paul DeCamp, Pérez Organizations: The U.S . Labor Department, Seaboard Triumph, Seaboard Triumph Foods, U.S, Northern, Northern District of, NBC News, Seaboard, Perdue, U.S . Labor Department, U.S . Department of Labor, Triumph Foods, Division, NBC Locations: Iowa, The, Sioux City , Iowa, U.S, Northern District, Northern District of Iowa, Oklahoma, Fayette, Sioux City, Perdue, Virginia .

☆ 'Buy this stock right here' — Jim Cramer is hot on the world's biggest asset manager
▼ + stars: | 2024-12-03 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Club stock BlackRock is adding private credit to its menu of services, agreeing to buy HPS Investment Partners for $12 billion in stock. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, Larry Fink, He's, Jim, Fink, It's, Agentforce, Stocks, Jim Cramer's Organizations: CNBC, Nasdaq, Treasury, Club, BlackRock, HPS Investment Partners, CVS Health, FedEx, U.S . Steel

☆ The case for Honeywell breaking itself up gets even stronger after its Bombardier deal
▼ + stars: | 2024-12-03 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +7 min

Honeywell 's new partnership with Canadian planemaker Bombardier makes it clear that the American industrial conglomerate's aerospace business should be operating on its own, Jim Cramer said Tuesday. The news Club holding Honeywell and Bombardier announced a research-and-development collaboration on aircraft technology, including cockpit systems, engines, and satellite communications. Big picture Honeywell's aerospace business is the crown jewel of its portfolio — a fact that is very much on display with the long-term Bombardier agreement. Honeywell currently has four operating segments: aerospace technologies, industrial automation, building automation, and energy and sustainability solutions (ESS). That unit is part of Honeywell's industrial automation segment.

Persons: Jim Cramer, Elliott, Cramer, Vimal Kapur, Kapur, Jim, Jeff Marks, We're, Goldman Sachs, it's, Jim Cramer's Organizations: Honeywell, Canadian, Bombardier, Club, Challenger, Global, Charlotte , North Carolina —, Elliott Management, Products, Carrier, Air Products, Electric, The Club, GE Healthcare, GE Vernova, Former General Electric, GE Aerospace, CNBC, Bombardier Challenger, Aviation, Getty Locations: Quebec, Charlotte , North Carolina, New York, New York City

☆ Culture at Intel caused it to miss out on massive tech shifts, says Truist's Will Stein
▼ + stars: | 2024-12-02 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCulture at Intel caused it to miss out on massive tech shifts, says Truist's Will SteinWill Stein, Truist analyst, and CNBC's Jon Fortt join 'The Exchange' to discuss the leadership change at Intel.

Persons: Truist's Will Stein Will Stein, CNBC's Jon Fortt Organizations: Intel

☆ We're raising our price target on 2 winning stocks that have tailwinds in the new year
▼ + stars: | 2024-12-02 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Bank price targets: We're updating our price targets on our two bank stocks after they wrapped up a big November. With these tailwinds ahead, we are increasing our Wells Fargo price target to $80 a share from $66 and Morgan Stanley to $140 a share from $130. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, —, Trump, Wells, Morgan Stanley, Wells Fargo, Zscaler, It's, Jim Cramer's, Jim Organizations: CNBC, ., Dow Jones Industrial, Microsoft, Bank, Labor, Treasury, Traders, Jim Cramer's Charitable Locations: Wells, Wells Fargo, pullbacks

☆ Cramer calls Disney stock a 'great bargain' as CEO Bob Iger scores another big box office win
▼ + stars: | 2024-12-02 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

Disney just broke some more box office records — signaling a blockbuster comeback that could fuel the company's revival and its stock price. That beat the $125 million Disney's "Frozen 2" made during its Thanksgiving weekend opening in 2019. Since opening, "Inside Out 2" has made nearly $1.7 billion worldwide and $653 million domestically, according to Box Office Mojo . After its box office struggles in recent years, Disney's current and upcoming slate indicates a turnaround is afoot. Disney CEO Bob Iger is laser-focused on restoring the magic of Disney's movies, Jim Cramer said Monday.

Persons: Dwayne, Johnson, Maui, King, —, Bob Iger, Jim Cramer, Iger, Jim, Jim Cramer's, Auliʻi, Moana, Disney Organizations: Disney, Paramount, Comcast, NBCUniversal, CNBC, Office Mojo, Management, DIS, ESPN, & $ Locations: Disney

☆ JPMorgan upgrades Gap, sees retailer's shares rising more than 20% from here
▼ + stars: | 2024-12-02 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

A number of key catalysts could drive more growth at Gap in the coming months, according to JPMorgan. GAP YTD mountain GAP, year-to-date Looking ahead, analyst Matthew Boss said the company is at an "inflection point" that could see its sales growing in the low- to mid-single digits. The company selected Mattel executive Richard Dickson to be CEO last July and JPMorgan recently met with Dickson and CFO Katrina O'Connell. Among the 20 analysts covering it, 11 have a hold rating, while eight have a strong buy or buy rating. Its average target of $27.99 still reflects some more gains, however, implying more than 15% upside ahead, as of Friday's close.

Persons: Matthew Boss, Richard Dickson, Dickson, Katrina O'Connell, Said, Dickson's, Boss Organizations: JPMorgan, GAP, Mattel

☆ Respecting an overbought market, we're booking profits in an AI leader facing competition
▼ + stars: | 2024-12-02 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Following Monday's trade, Jim Cramer's Charitable Trust will own 235 shares of MSFT, decreasing its weighting to roughly 2.85% from 3.12%. As a result of the rally, heading into the seasonably strong month of December, the market has become overbought, according to the S & P 500 Short-Range Oscillator . The Oscillator, which tracks trading momentum, climbed to plus 5.5.% after Friday's session Reading the Oscillator A reading above plus 4% indicates an overbought market that could be due for a rest or consolidation. When the stock market goes on a run like this and pushes into overbought territory, our discipline kicks in and we trim positions that have moved up. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer's, Donald Trump, OpenAI, Jim Cramer, Jim Organizations: Microsoft, CNBC Locations: Copilots

☆ Jim Cramer says AMD stock is a buy on Intel's CEO shakeup — 'It's winning'
▼ + stars: | 2024-12-02 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +5 min

And the Club holding should continue to benefit from Intel's woes, including the leadership transition, Jim Cramer said Monday. "It will not help Intel," Jim said. For its part, AMD's nascent AI business is gaining traction, even if it's still dwarfed in size by Nvidia. AMD is "winning big business," Jim said. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Pat Gelsinger, Lisa Su, Jim Cramer, David Zinsner, MJ, Jim, Gelsinger, Su, Ben Reitzes, Reitzes, It's, Jim Cramer's, David Paul Morris, Getty Images David Paul Morris Organizations: Intel, Devices, AMD, Morning, CNBC, Nvidia, Club, Wall, Devices Inc, Bloomberg, Getty Images, Getty Locations: Silicon Valley, San Jose , California

☆ Here's why Jim Cramer says own CrowdStrike and don't give up on Best Buy
▼ + stars: | 2024-12-02 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. During Monday's Morning Meeting, Jim Cramer said he urges members to be in CrowdStrike shares, which had back-to-back losses Wednesday and Thursday despite the cybersecurity company's beat and raise quarter Tuesday evening. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, CrowdStrike, George Kurtz, who's, Kurtz, Jim, Stocks, Jim Cramer's Organizations: CNBC, Tech, Nasdaq, Dow, Adobe Analytics, Intel, Burlington Stores, Dell Locations: Nucor

I've scoured the internet to bring you the best Cyber Monday deals under $100, with savings up to 70% off. Be sure to check out our guide to all the best Cyber Monday deals from various retailers and product categories, from Tech to Style and Home. View at Amazon What we like Check mark icon A check mark. View at Coop Sleep Goods What we like Check mark icon A check mark. Check out our roundup of all of the best Cyber Monday deals.

Persons: I've, fryer, it's, Decker, Taylor Swift, Locker Sam Edelman, Kaya, terry Organizations: Business, Amazon Samsung Galaxy Watch, Galaxy, Walmart, Alexa, JBL, Amazon Nori, Amazon Philips, Amazon, Nordstrom, Kindle Locations: Tech, carabiner, Wear, Bandolier

☆ What the biggest investors are buying entering 2025 — with Trump and Fed in mind
▼ + stars: | 2024-12-02 | by ( Yun Li | ) www.cnbc.com time to read: +4 min

The investment bank released its findings after analyzing the holdings of 697 hedge funds with $3 trillion in gross equity positions. Specifically, professional traders raised their exposure to financial stocks to the largest overweight in at least 15 years, according to Goldman's data. VerityData looked at the top 10 holdings of "fundamental" hedge funds, or managers that disclosed 10 to 300 holdings worth $100 million or more. CEG YTD mountain Constellation Energy Energy names Vistra and Talen Energy also gained newfound love among these professional traders. Now, a quarter of hedge funds own at least one China ADR, the most since 2021, according to Goldman.

Persons: Donald Trump, Goldman Sachs, Stocks, Raymond James Financial, Goldman, Daniel Sundheim's, Ole Andreas Halvorsen's, Stanley Druckenmiller, elect's, VerityData, Hedge, David Tepper, Michael Burry, Warren Buffett, Berkshire Hathaway, Baupost's Seth Klarman, David Einhorn Organizations: Wall, Everest Group, Berkley Corp, Intercontinental Exchange, Rithm, Bank of America, Ole Andreas Halvorsen's Viking Global, US Bancorp, Visa, Progressive, Billionaire, Power, Constellation Energy, Coatue Management, Lone Pine Capital, Constellation Energy Energy, Talen Energy, China Big, Goldman, Appaloosa Management, CNBC, PDD Holdings, China ADR, Baidu, Berkshire, CNH Locations: Bank, Ole Andreas Halvorsen's Viking, Lone, Bet, China, JD.com, Omaha , Nebraska

☆ A renowned market bear who called the dot-com bubble warns stocks could be due for a 1987-style pullback with valuations high and liquidity shrinking
▼ + stars: | 2024-11-30 | by ( William Edwards | ) www.businessinsider.com time to read: +3 min

AdvertisementRecession fears have eased, boosting investor confidence in the stock market. Rising Treasury yields and drying liquidity could hurt stocks with valuations high. Recession fears have largely dissipated since this summer, bolstering investor confidence in a roaring stock market. Edwards said rising yields will eventually put a damper on the stock market, especially with valuations continuing to climb. Alternatively, sharply rising bond yields can cause problems to equities in a high PE environment – such as now," Edwards said.

Persons: Albert Edwards, Edwards, It's, it's, Marcus Ashworth Organizations: Treasury, Generale, Societe Generale, Bloomberg

☆ 16 songs have reached No. 1 on the Billboard Hot 100 chart this year — here they all are
▼ + stars: | 2024-11-30 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +1 min

1 on the Billboard Hot 100 in 2024 so far. Ariana Grande, Post Malone, Kendrick Lamar, and Morgan Wallen each have two hits on the list. The Billboard Hot 100 is widely considered to be the definitive all-genre chart for songs in the US. 1 song, he went on to dominate the Hot 100 with his own breakout hit. Ariana Grande, Post Malone, Kendrick Lamar, and Wallen have also enjoyed massive commercial success this year, earning two chart-toppers on the Hot 100 apiece.

Persons: Ariana, Post Malone, Kendrick Lamar, Morgan Wallen, Shaboozey, Taylor, Sabrina Carpenter's, Jason Aldean, Zach Bryan, Carter Locations: Ariana Grande, Post, Nashville

☆ Ditch all the negativity: Here's what can go right to lift each of our 34 stocks
▼ + stars: | 2024-11-29 | by ( Paulina Likos | ) www.cnbc.com time to read: +20 min

To counter that, Jim Cramer has said investors should not lose sight of what can go right for their stocks. Smooth chip updates: AMD needs to successfully carry out its annual release cycle for AI chips. That needs to be sustained to justify Meta's heavy spending on AI chips. Nevertheless, correcting this dynamic should translate into faster revenue growth rates. Palo Alto Networks Bigger deals: Cybersecurity is a secular growth market: As the number of bad actors grows, companies can't afford to not invest in defense.

Persons: Jim Cramer, Abbott, Donald Trump, Trump, Joe Biden, Eaton, Eli Lilly, Eli Lilly's GLP, Lilly, Hurricanes Helene, Milton, Elliott Management's, Elliott, Jim, Linde, Morgan Stanley Lower, Morgan, Biden, –, Jensen Huang, Palo, Stanley Black, Brian Niccol's, Wells, Jim Cramer's, Timothy A, Clary Organizations: Abbott, Devices, Microsoft, AMD, Nvidia, Justice Department, Services, Trump, Apple, Apple Intelligence, Federal, Bristol Myers Squibb, Bristol Myers, Broadcom, Constellation Brands, Modelo, Costco, U.S, Netflix, Coterra Energy, LNG, DuPont, GE Healthcare, GE, Hurricanes, Honeywell Business, Honeywell, Linde, Meta, Facebook, Federal Reserve, GOP, Nvidia's, Industry, Palo Alto, Decker, Starbucks, Walt Disney Parks, TJX, Jim Cramer's Charitable Trust, CNBC, Traders, New York Stock Exchange, Getty Locations: U.S, BlackRock, Corona, China, Dover, –, New York City

☆ The top 10 things to watch in the stock market this Black Friday
▼ + stars: | 2024-11-29 | by ( Zev Fima | ) www.cnbc.com time to read: +4 min

The top 10 things to watch Friday, Nov. 29 1. (Anything above a plus 4% would indicate the market is overbought; anything below a minus 4% would indicate the market is oversold.) Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. Chona Kasinger | Bloomberg | Getty ImagesThe top 10 things to watch Friday, Nov. 29

Persons: Biden, Wedbush, —, Lina Kahn, Donald Trump, Kamala Harris, CNBC's Gabrielle Fonrouge, Harris, Jim Cramer's, Jim Cramer, Jim, Satya Nadella, Chona Kasinger Organizations: Treasury, Bloomberg, Federal Trade Commission, Microsoft, FTC, Trump White House, Reuters, National Retail Federation, Deloitte, President, Trump, Walmart, Target, Dick's Sporting Goods, Costco, CNBC, Jim Cramer's Charitable, Getty Locations: China, Australia, Redmond , Washington

☆ Long-end of Treasuries are the most interesting story of the last few weeks: Jefferies' David Zervos
▼ + stars: | 2024-11-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLong-end of Treasuries are the most interesting story of the last few weeks: Jefferies' David ZervosDavid Zervos, Jefferies chief market strategist, joins 'Squawk on the Street' to discuss the recent spate of economic data, Zervos' thoughts on GDP forecasts, and the strategist's thoughts on tariffs.

Persons: Jefferies, David Zervos David Zervos Organizations: Jefferies

☆ Why the $72 billion software company Workday is psyched about DOGE
▼ + stars: | 2024-11-27 | by ( Meghan Morris | ) www.businessinsider.com time to read: +3 min

AdvertisementMusk and Ramaswamy have plans for the DOGE, and Workday sees an opportunity. Workday aims to capitalize on federal agencies' shift from on-premises to cloud systems, its CEO said. Workday, the human resources software company that workers love to hate, is embedded in more than half of Fortune 500 companies. The $72 billion company has been building up its government customer base, from Oklahoma's Tulsa County to the US Department of Energy. On Workday's Tuesday earnings call, CEO Carl Eschenbach addressed an analyst's question about how DOGE could impact Workday's business.

Persons: Ramaswamy, Elon Musk, Vivek Ramaswamy, Donald Trump, Carl Eschenbach, Eschenbach, what's, it's Organizations: DOGE, Fortune, US Department of Energy, Ramaswamy's Department, Government, Companies, Department of Energy, Defense Intelligence Agency, Corporation for Public Broadcasting Locations: Oklahoma's Tulsa County

☆ 2 things we always learn about a company before we decide whether to buy its stock
▼ + stars: | 2024-11-27 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

— Thanks, Marek We do two things right off the bat after identifying a stock that we might want to buy. Remember, as an investor, you want to know every little aspect of every company whose stock you buy or think about buying. Financial statements In addition to understanding a company from a high level, we can't take a position before analyzing the financial statements and getting a sense of the health of the company in question. All three are incredibly important, however, of the three, the balance sheet is going to be the one to look at first. Knowing what shape the balance sheet is in gives you a better sense of the company's outlook.

Persons: Jim Cramer, Marek, that's, it's, Linde, Myers Squibb, Myers, Karuna, Jim Cramer's, Jim Organizations: Amazon, Linde, Myers, Karuna Therapeutics, Bristol, LIN, CNBC Locations: Bristol

☆ 'The Secret Lives of Mormon Wives' season 2 isn't out until next year — but the drama is already heating up
▼ + stars: | 2024-11-27 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +6 min

AdvertisementThe cast of "The Secret Lives of Mormon Wives" is stirring drama on social media ahead of season two. "The Secret Lives of Mormon Wives" season one ended with two cast members potentially quitting the show and rumors of a secret affair involving its most volatile couple. But there will likely be even more drama in season two if the cast's social media feeds are anything to go by. Gibbons didn't initially identify Paul and her ex-husband as the couple until after Paul released a rebuttal TikTok video on Sunday. AdvertisementOn Sunday, Mortensen posted a cryptic TikTok video saying he would start "telling my truth and showing my receipts."

Persons: Taylor Frankie Paul, Paul, Melissa Hobley, MomTok, Makenna Gibbons, Gibbons, Gibbons didn't, Roux, Kenna, Brayden Rowley, Rowley, Whitney Leavitt, Dakota Mortensen, haven't, Mortensen, La Roux, Jessi Ngatikaura Organizations: Hulu, Disney, Business Locations: Salt Lake City

☆ 10 things the Club is watching in the market Wednesday, including CrowdStrike, HP, Dell
▼ + stars: | 2024-11-27 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +4 min

CrowdStrike delivered a very good quarter after Tuesday's closing bell, with management raising its full-year outlook on sales, operating income, and earnings. Mortgage rates dropped last week, pushing home loans for purchases up 12% week over week and 52% year over year. Best Buy shares were steady Wednesday morning after their nearly 5% post-earnings drop in the previous session. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: CrowdStrike, Wells, Donald Trump, Kevin Hassett, Hassett, Stanley Black, Decker, Jim Cramer, We're, — CNBC's Zev Fima, Jim Cramer's, Jim Organizations: Dow, Nasdaq, Street, RBC, Dell, HP, Wall Street, National Economic Council, of Economic Advisers, Apple, Financial Times, Citi, holding's, Disney, Comcast's Universal, Paramount, Comcast, NBC Universal, CNBC, Jim Cramer's Charitable Locations: Wells Fargo, China

☆ 'Cargojet is expensive': Short seller bets against Canada's largest cargo airline
▼ + stars: | 2024-11-27 | by ( Ganesh Rao | ) www.cnbc.com time to read: +5 min

A London-based hedge fund is betting against Cargojet , Canada's largest cargo airline, citing concerns about the company's aging fleet, accounting practices, and leadership style. Allen also claimed that the company has failed to update the age of its aircraft fleet. The Toronto-listed shares of the company have struggled this year, posting a 2% gain while the broader Canadian stock market has risen by nearly 25%. At the time of Allen's presentation slide titled "Cargojet is expensive," the stock was trading at 27 times earnings and 3.5 times tangible book value. In comparison, traditional airline Lufthansa trades at 7 times earnings, and United Airlines is valued at 9 times earnings estimate.

Persons: Edgar Allen, Ajay Virmani, Allen, they've, Cargojet, They've, Konark Gupta, Gupta, Allen's Sohn, Walter Spracklin, Fadi Chamoun, Chamoun, Drake, Elon Musk, Virmani Organizations: Cargojet, Investment Management, Sohn, United Parcel Service, Federal Express, CNBC Pro, CNBC, Scotiabank, RBC Capital Markets, BMO Research, Lufthansa, United Airlines, Elon Locations: London, Ontario, CJT, Toronto

☆ Here’s how investors should play the rest of this holiday-shortened trading week
▼ + stars: | 2024-11-26 | by ( Morgan Chittum | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Meanwhile, HSBC downgraded Morgan Stanley stock to a hold from buy Monday evening. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Donald Trump's, Jim, Stanley Black, Decker, Wells, Charlie Scharf's, Wells Fargo, Morgan Stanley, Jim Cramer's Organizations: CNBC, Nasdaq, Dow Jones, Trump, Wells, Reuters, Federal Reserve, HSBC, Morgan Locations: Canada, Mexico, China, U.S, Wells Fargo

☆ CrowdStrike's post-earnings stock drop is a buy. Here's why sellers have it all wrong
▼ + stars: | 2024-11-26 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

Annual recurring revenue jumped 27% to $4.02 billion, also ahead of the $4.01 billion estimate, according to FactSet. The team also called out the positive uptake of the Falcon Flex model announced last year at Fal.Con 2023. … Flex customers, on average have adopted more than nine modules, and we expect to see these numbers continue to rise faster." It's clear to us that the CrowdStrike Falcon platform is resonating with customers new and old. Non-GAAP operating income between $804.4 million and $809.4 million, also well ahead of the $781 million estimate.

Persons: CrowdStrike, FactSet, Jim Cramer's, George Kurtz, Kurtz, Falcon, " Kurtz, We've, …, That's, Jim Cramer, Jim, Michael Nagle Organizations: LSEG, Falcon, Flex, … Flex, Palo Alto Networks, TAM, CNBC, CrowdStrike, New York Stock Exchange, Bloomberg, Getty Locations: cybersecurity

☆ We knew Best Buy's quarter and guide would be weak. Here's our plan for the stock
▼ + stars: | 2024-11-26 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

BBY YTD mountain Best Buy YTD These were not the results we wanted from Best Buy, but they are the numbers we had expected. Best Buy stock below $80 would push the dividend yield up to just under 5% — a nice payout for our patience. We still believe in the stock because Best Buy should benefit once mortgages drop and housing turnover picks up. Best Buy Why we own : We believe Best Buy will prove to be a go-to destination for consumers looking to upgrade hardware, much of which was purchased during Covid, to new AI-powered devices. In the Best Buy app, the company also launched the "Best Buy Gift Finder," an AI-powered gifting guide to help consumers find new products.

Persons: Jim Cramer, it's, Donald Trump, Jim, Corie Barry, Barry, Matthew Bilunas, Jim Cramer's, David Paul Morris Organizations: Revenue, LSEG, Target, Walmart, Amazon, Costco, Enterprise, Black, Microsoft, Meta, Management, CNBC, Bloomberg, Getty Locations: Tuesday's, Union City , California

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