tech
Jim Cramer says Nvidia is a clear winner from Dell's monster quarter
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
TL;DR
- Costco's stock fell 4.5% due to disappointing membership growth, with concerns about its high valuation.
- Dell Technologies' stock surged 30% driven by demand for AI servers, bolstering confidence in Nvidia.
- Jim Cramer believes Nvidia remains the best investment for the AI buildout.
- Cybersecurity companies CrowdStrike and Palo Alto Networks are expected to report earnings next week, and Cramer considers them long-term winners.
- Applied Materials, Honeywell, and FedEx were also discussed.