economy
Cramer says to buy this megacap tech stock ahead of earnings, but not that one
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
TL;DR
- The Dow Jones reached a fresh record high due to a rotation from tech stocks into companies tied to economic improvements.
- Jim Cramer expects "terrific" earnings from Alphabet and advises buying the stock before its quarterly report.
- Qnity is recommended as an undervalued stock with short supply and ties to major manufacturers like Taiwan Semiconductor.
- Stocks like PepsiCo, Palantir, Merck, Pfizer, PayPal, and Disney were covered in a rapid-fire segment.
- The Investing Club provides trade alerts before Jim Cramer makes trades in his charitable trust's portfolio, with specific waiting periods after alerts and CNBC TV mentions.