Every weekday, the CNBC Investment Club will host a live “Morning Meeting” with Jim Cramer at 10:20 a.m. ET. Here’s a look back at Wednesday’s key moments. 1. Stocks fell on Wednesday, driven by a drop in the Nasdaq. Nvidia shares fell 2% after the bell, dragging down the tech-heavy index. Investors are anxiously awaiting updates on its next-generation Blackwell AI chips and whether reports of overheating issues will delay revenue growth. Jim Cramer reiterated his belief that Blackwell’s overall deployment is good. Elsewhere, investors were also alarmed by Target’s disappointing results. The retailer missed sales and profit estimates, sending the stock down 21% on Wednesday. Jim said the “fragmented” retail industry is “emerging with three winners”: Club Holdings’ Amazon and Costco, as well as Walmart. 2. Jim Cramer said that with Crowdstrike’s stock price falling nearly 2% on Wednesday, he believes this is an “excellent opportunity” to buy Crowdstrike. While we are currently restricted from trading the stock, we did add to our CrowdStrike position on Tuesday as geopolitical concerns sent the market tumbling in early trading. Wednesday’s pullback only makes CrowdStrike look more attractive as potential cyber threats are on the rise. Fellow Club Cybersecurity firm Palo Alto Networks will release a report after the bell on Wednesday, providing investors with a much-needed update on its platforming strategy and its impact on deal size. 3. Jim has a message for investors: Don’t ignore the growth potential of Disney’s cruise business. He said that after attending an event celebrating the launch of his new ship, the Disney Treasure, he gained an even greater appreciation for its future. “I’m overwhelmed with intellectual property rights, they can do anything with their intellectual property rights,” Jim said. “They’re going to have a huge fleet. From where they are, maybe in five years, it’s going to end up being like a theme park.” He believes investors should start to think of cruise ships as the equivalent of a Disney stool. A “real mainstay,” alongside traditional theme parks and movies. Jim’s comments on Wednesday underscore our belief that the current challenges facing the Disney Experience business (i.e., cautious consumers and recent weather challenges) are temporary. The stock soared after last week’s earnings report. 4. Stocks that were hot on Wednesday at the end of the video include: Target, Williams-Sonoma, JPMorgan, Chewy and Delta Air Lines. (Jim Cramer’s Charitable Trust is a long-term holding of NVDA, AMZN, COST, CRWD, PANW, DIS. See here for a complete list of stocks.) As Jim Cramer ), you will receive trade alerts before Jim Cramer trades. Jim waits 45 minutes after sending a trade alert before buying or selling stocks in his charitable trust portfolio. If Jim talked about a stock on CNBC TV, he would wait 72 hours after issuing a trade alert before executing the trade. The investment club information above is subject to our Terms and Conditions and Privacy Policy and our Disclaimer. No fiduciary duty or obligation is created or created by any information you receive in connection with the Investment Club. No specific results or profits are guaranteed.
