economy
Cramer says Apple and Eli Lilly still have room to run after post-earnings rallies
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
TL;DR
- The S&P 500 hit a fresh intra-day high, with Apple leading the gains.
- Apple reported a 17% increase in second-quarter revenue and issued strong guidance.
- Eli Lilly saw a nearly 10% rally after its post-earnings performance, with revenue surging 56%.
- Jim Cramer advises holding onto Apple and Eli Lilly, stating they have room to run.