economy

CrowdStrike is buying more of its beat-up stock. Should investors join?

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

CrowdStrike is buying more of its beat-up stock. Should investors join?

TL;DR

  • The S&P 500 rose on hopes for a U.S.-Iran ceasefire, prompting Cramer to advise trimming large gains.
  • Goldman Sachs raised Wells Fargo's price target, while Barclays cut Capital One's, with Cramer defending Capital One.
  • CrowdStrike expanded its share buyback program by $500 million, with Cramer asserting that AI proliferation increases the need for cybersecurity.
  • Stocks discussed in a rapid-fire segment included JPMorgan, Netflix, Tyson Foods, Dow Inc., Westlake, and LyondellBasell.