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 Friday’s key moments. 1. Stocks are trading higher on the first trading day of the new year, with the S & P 500 trying to snap a four-session losing streak. It’s a mixed tape: the Dow is weaker while the tech-heavy Nasdaq is having an upbeat session. Much of that strength stems from the moves in semiconductor stocks Nvidia and Broadcom , up 1.7% and 1.2%, respectively. Other areas of strength included AI infrastructure Club stocks GE Vernova and Eaton , up 3% and 2.5%, respectively. Meanwhile, shares of Vertiv shot up 8% after Barclays upgraded the stock to a buy from hold and raised its price target to $200 from $181. 2. A stock not contributing to that strength is Nike , with shares down more than 1% Friday. It’s a drop from the stock’s 4% Wednesday gain, driven by a flurry of insider buying. Board members Apple CEO Tim Cook and former Intel CEO Bob Swan made stock purchases in the open market, CNBC reported Wednesday. On Tuesday, Nike CEO Elliott Hill purchased approximately $1 million in shares. Insiders can sell stock for many reasons, including tax purposes or a home purchase. But insiders buy for one reason: to make money. This buying activity gives us confidence that Nike’s turnaround is underway, and these insiders believe the stock is undervalued. 3. Shares of Apple ticked 0.9% lower Friday after it was initiated with a hold rating at Raymond James. The analysts argued a bear case, saying the current valuation is becoming too expensive and limiting upside. The stock has performed well in the second half of 2025, reflecting solid growth in its iPhone 17 lineup. But investors are looking for innovation in other areas, particularly in the company’s AI initiatives, to boost consumer interest in future iPhone sales. We continue to maintain our long-term “own it, don’t trade it” thesis on the stock. (Jim Cramer’s Charitable Trust is long NVDA, GEV, ETN, NKE, AAPL. 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.
