Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. In his annual letter to shareholders, BlackRock Chairman Larry Fink said one of the biggest economic challenges of the mid-21st Century is preparing Americans financially for retirement. He cited a U.S. Census Bureau survey that found nearly half of Americans between 55 and 65 have no savings in retirement accounts. Social Security benefits are unlikely to bridge the gap. For investors, Jim Cramer said, investing needs to be made more automatic for workers, as it was in earlier eras when part of your paycheck went to the company’s pension. It’s never too early to start, said Jim Cramer. “I invested while I was living out of my car, so don’t say you don’t have the money to get started. 2. Wedbush raised its price target on Microsoft to $500 from $475. Based on checks with the firm’s customers, the research firm says momentum is building in Copilot adoption and monetization, estimating more than 70% of its installed base with use the new set of AI features. “What a performer,” Jim said. “Microsoft also has no problems with the Justice Department [unlike many of its mega-cap peers].” Last week, Microsoft revealed its new Surface Pro 10 for business and Laptop 6 that features a dedicated Copilot button. Shares of MSFT were flat on Tuesday. 3. Finally, Viking Therapeutics soared more than 25% after reporting encouraging Phase 1 results of its oral weight loss pill. The data showed up to 5.3% weight loss at 28 days. Our favorite stock in this fast-growing space is Eli Lilly, which is much further ahead on its obesity pill. Its Phase 2 results up to 14.7% mean weight loss at 36 weeks. Eli Lilly is building a moat, which includes manufacturing and patient access through its LillyDirect program,.. (Jim Cramer’s Charitable Trust is long LLY and MSFT. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
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