economy
February 17, 2026
We may buy more of a stock that has been pulled into the software sell-off
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
TL;DR
- Markets open mixed, with Nasdaq, S&P 500, and Dow trading near flatlines.
- Software stocks, including Salesforce, CrowdStrike, Palo Alto Networks, and ServiceNow, are experiencing a sell-off.
- Mega-cap tech stocks like Alphabet, Microsoft, and Meta are also down.
- Apple shares are up, seen as an 'AI taker' due to its partnership with Alphabet for AI features.
- Wells Fargo shares are rising, supported by strength in the financials sector.
- Despite a 2-5% dip, the Investing Club remains positive on Palo Alto Networks and CrowdStrike due to long-term demand for cybersecurity solutions.
- Palo Alto Networks is set to report earnings, needing strong results to counter the AI disruption narrative.
- Jim Cramer's Charitable Trust holds positions in CRWD, PANW, NVDA, DHR, AAPL, and WFC.
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