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Home » 1 stock we just initiated and 3 others get nice bumps after Saudi’s U.S. spending spree
This week

1 stock we just initiated and 3 others get nice bumps after Saudi’s U.S. spending spree

adminBy adminMay 13, 2025No Comments3 Mins Read
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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 Tuesday’s key moments. 1. The S & P 500 was higher on Tuesday following Monday’s big rally after the U.S. and China agreed to slash tariffs for 90 days. “This market can go up as long as things don’t go awry,” Jim Cramer said during Tuesday’s Morning Meeting. Another sign of good news for investors was the April consumer price index, which came in cooler than expected. 2. Shares of Nvidia soared over 5.5% on Tuesday after announcing a deal to provide AI chips to Saudi Arabian company Humain for a data center buildout there. President Donald Trump is currently visiting Saudi Arabia to secure business opportunities for the U.S. Jim liked what he heard about Nvidia, saying the data center trade is alive and well. He touted Club names Eaton and Dover as good buy opportunities. Those industrial companies make products that help the modern data center operate. On Dover specifically, Jim said the stock is really cheap and would love to see people buy in. 3. Trump on Tuesday announced that Saudi Arabia has committed to investing $600 billion in the U.S. The White House put out a release detailing some of the companies, in addition to Nvidia, that will benefit. They include GE Vernova , which we just initiated Tuesday morning. GE Vernova’s gas turbines and energy solutions totaling $14 billion. Bullpen name Boeing will provide nearly $5 billion worth of passenger aircraft to Saudi-based AviLease. Jim has always said that GE Vernova and Boeing are key American companies that countries can buy from to get right with Trump. 4. Stocks covered in Tuesday’s rapid fire at the end of the video were: UnitedHealth Group , On Holding AG , Boeing , Stanley Black & Decker, and Caterpillar . (Jim Cramer’s Charitable Trust is long GEV, HD, NVDA, TXRH. 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.



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