economy
Jim Cramer says this data center stock could soar if more analysts cover it
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
TL;DR
- The S&P 500 rose, led by technology stocks like Micron, Western Digital, and Seagate.
- The Investing Club trimmed its position in Arm after significant gains, adhering to a strategy of taking profits on parabolic moves.
- Nvidia's lack of participation in the market upswing was noted as disappointing, with suggestions for improved capital allocation.
- Qnity shares rose, with potential for further growth if analyst coverage broadens.
- Eli Lilly plans to acquire three companies for its infectious disease vaccines business.
- Jim Cramer's Charitable Trust holds positions in ARM, AAPL, Q, NVDA, and LLY.