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. Stocks dropped Tuesday following the government shutdown-delayed November jobs report . While nonfarm payrolls growth was better than expected last month, the nation’s unemployment rate rose to 4.6% — the highest level since September 2021. Club names Broadcom and Nvidia were again under the microscope as worries of an AI bubble simmered. “I’ll continue to look for pressure on these stocks as people get some clarity about how much [artificial intelligence] spend is going to go on,” Jim Cramer said. U.S. oil prices briefly dropped below $55 per barrel — levels not seen since early 2021 . Lower oil prices mean lower gas prices, which is great for consumers. Jim advised members not to buy oil stocks. 2. Linde stock is a buy, according to Jim. “They’re doing fabulously in semiconductors,” he said after CEO Sanjiv Lamba joined him on “Mad Money” on Monday evening. Linde makes industrial gases for a wide array of applications from hospital settings to mining to semiconductor manufacturing. “They’re doing fabulously when it comes to industrial growth.” Lamba also recently purchased $1 million worth of Linde stock, which Jim described as a “terrific” move and a sign of confidence from management. 3. Club name Qnity was initiated at Oppenheimer with a buy-equivalent rating and $100 price target. Analysts called the electronics company a “hidden gem,” which they say was buried within DuPont before it was spun off last month. Qnity has the potential for a similar arc to GE Vernova , both overlooked carve-outs from ‘old economy’ conglomerates, successfully repositioning as AI infrastructure facilitators,” analysts wrote. GE Vernova stock has gained roughly 400% since the company’s April 2024 spinoff. Jim said that when Qnity settles from its spin volatility, it will go higher. 4. Stocks covered in Tuesday’s rapid fire at the end of the video were: Ford Motor Co. , Pfizer , Kraft Heinz , Gap , and Estée Lauder . (Jim Cramer’s Charitable Trust is long AVGO, NVDA, Q, LIN, GEV, DD. 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.
