The Investing Club holds its Morning Meeting every weekday at 10:20 a.m. ET.
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 Monday's key moments. 1. U.S. stocks climbed higher Monday, with both the S & P 500 and Nasdaq Composite gaining more than 1% in midmorning trading. Bank stocks were some of Monday's outperformers, with Club holding Wells Fargo up more than 2% following the firm's quarterly earnings beat on Friday.
So, we'd rather have the cash on hand to potentially build up our position in Coterra Energy on pullbacks. 3. Piper Sandler named Club holding Microsoft its highest conviction large-cap stock to own into year-end, citing the software giant's "first-mover advantage" in generative artificial intelligence. Microsoft is set to release its AI assistant — known as M365 Copilot — for products like like Office, Word and Excel to the general public on Nov. 1.
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