Feb 6, 2025, 12:00 AM
Feb 6, 2025, 12:00 AM

Jim Cramer shares buy signals for key stocks after earnings reports

Highlights
  • Jim Cramer's Investing Club discussed earnings from four major companies during its Morning Meeting.
  • Nvidia's stock rose slightly while investors prepared for the January jobs report.
  • Cramer affirmed his recommendation to buy Honeywell and suggested not to sell Eli Lilly.
Story

On February 6, 2025, the CNBC Investing Club, led by Jim Cramer, convened its daily "Morning Meeting" to discuss the latest earnings reports from several notable companies as well as insights on market trends. This meeting, which is held every weekday at 10:20 a.m. ET, focused on four key stocks: Eli Lilly, Bristol Myers Squibb, Honeywell, and Linde. In his analysis of these stocks, Cramer gave positive feedback on Eli Lilly, suggesting that it should not be sold, and indicated that he would buy Honeywell at its current price level. In addition to stock recommendations, the meeting highlighted other relevant market events, including the performance of Nvidia, which experienced a slight increase of 1.3% as major tech companies ramped up their artificial intelligence investments. Despite this rise, Nvidia's stock was still recovering from a recent drop linked to issues caused by DeepSeek. Market observers were also preparing for the release of the January jobs report, which was expected to have significant implications for future Federal Reserve interest rate decisions. Jim Cramer noted that there was a growing interest in capital spending as well as advancements in technology, particularly with the latest iteration of Amazon's Alexa, which has incorporated advanced AI capabilities. Despite these developments, Cramer emphasized that investors should remain cautious and attentive to market reactions. The discussion also included quick remarks on stocks such as Ford Motor, Arm Holdings, and Ralph Lauren, underlining the dynamic nature of the current market environment. Overall, the session served as a vital touchpoint for investors looking for timely insights and actionable strategies in the rapidly evolving stock market, as Cramer encouraged his viewers to stay informed about earnings analyses expected throughout the day.

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