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. Wall Street was mixed Monday, the day before Election Day. There’s also a two-day Fed meeting this week. The market expects an interest rate cut of 25 basis points on Thursday. We made good on promises Monday to buy more Advanced Micro Devices and CrowdStrike . The S & P Short Range Oscillator on Friday showed an oversold market for the second straight session. It was announced on Friday that Nvidia would replace rival Intel in the Dow . Jim Cramer said that’s not a reason to buy Nvidia because there’s not a lot of money indexed to the 30-stock average. Eli Lilly shares took a hit on promising data from a Viking Therapeutics ‘ trial on an oral weight loss drug. To be sure, Lilly is also working on a pill version of its GLP-1 obesity treatment. Recently rising bond yields were weaker Monday, helping our rate-cut plays Home Depot , Stanley Black & Decker and Best Buy . In his Sunday column, meanwhile, Jim Cramer looked at 11 earnings surprises , including a feeling that both presidential candidates would support solar. Club name Nextracker surged 9% on Monday after a nearly 25% post-earnings surge last week. Jim also said Amazon is his favorite stock of earnings season so far. Club name Salesforce got a big price target bump from Evercore ISI to $400 per share from $300. That implies an upside of 35% from Friday’s close of nearly $294. The analysts also kept their outperform buy rating on the stock. In a note to clients Sunday, Evercore said Agentforce, the company’s artificial intelligence agents, could help drive modest revenue reacceleration in calendar year 2025 and 2026. Jim said he’s encouraged that Saleforce’s go-to-market strategy on Agentforce will be a national ad campaign with Matthew McConaughey. Stocks covered in Monday’s rapid fire at the end of the video were: Sherwin-Williams , Berkshire Hathaway , Marriott , Abercrombie & Fitch , and Constellation Energy . (Jim Cramer’s Charitable Trust is long AMD, CRWD, HD, SWK, BBY, NVDA, NXT, AMZN, CRM. See here for a full list of the stocks.) 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. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the 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. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
Cramer on Salesforce’s star power to raise awareness of Agentforce
