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. The stock market is muted Friday, despite the S & P 500 briefly hitting an all-time high on positive data from the University of Michigan before retreating to near the flatline. The report showed one year inflation expectations coming in below estimates, along with slightly improved consumer confidence. The 10-year Treasury yield dipped a bit lower on the news. Meanwhile, Fed Governor Christopher Waller said Thursday he supports a rate cut due to labor market worries, and appeared likely to vote for a cut at the July 30 meeting. “It’s notable because it just means the vote won’t be unanimous and that there might be some dissension among the Fed members,” said Jeff Marks, director of portfolio analysis for the Club, who noted the Fed will still likely hold rates until September. On tap for next week: fresh earnings from Danaher and Capital One on Tuesday, followed by GE Vernova Wednesday. Honeywell and Dover report Thursday. 2. Club name Abbott Laboratories is rallying Friday after an upgrade to buy from hold at Jefferies. Analysts are defending Abbott following Thursday’s 8.5% sell-off due to the company’s slight cut on its growth outlook. According to the analysts, the reaction was “too punitive,” and view the headwind as transitory. They like Abbott’s fundamentals and see potential for accelerated growth in 2026. Abbott CEO Robert Ford also called the sell-off an “overreaction” on “Mad Money” Thursday . “We were really in a position to raise our guidance,” Ford said, but the recovery in its diagnostic business, specifically in China, didn’t pan out. The Club was uneasy Thursday, but “we feel better about the stock” following the Jeffries upgrade, Marks said. 3. DuPont was named a “catalyst call buy idea” at Deutsche Bank as the diversified industrial company is set to release second-quarter earnings on July 30. The analysts said the release will be the last before its electronics business spinoff on Nov. 1. Deutsche said DuPont trades at too much of a discount to the estimated sum of its parts. They cited Entegris as the closest peer to DuPont’s electronic business, which trades at 18.8 times its 2025 EBITDA. Meanwhile analysts note that DuPont trades at just 11.1 times. Once the electronics business spins off, analysts thinks this could “unlock substantial value” for DuPont. (Jim Cramer’s Charitable Trust is long ABT, COF, DHR, DD, DOV, GEV, HON . 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.
