Jim Cramer says buy this industrial gas giant, watch this electronics spinoff
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
TL;DR
- Stocks dropped Tuesday after the November jobs report showed a rise in unemployment.
- Worries about an AI bubble caused pressure on Broadcom and Nvidia stocks.
- U.S. oil prices briefly fell below $55 per barrel; Cramer advised against buying oil stocks.
- Linde stock is recommended as a buy, with praise for its performance in semiconductors and industrial growth.
- Qnity, a recent spin-off from DuPont, was initiated with a buy rating and price target by Oppenheimer, seen as a potential AI infrastructure facilitator.
- Other stocks mentioned in a rapid-fire segment included Ford, Pfizer, Kraft Heinz, Gap, and Estée Lauder.