Every weekday the CNBC Investing Club with Jim Cramer releases the Homestretch audio feature in time for the last hour of trading on Wall Street. Here’s today’s edition. Market moves: The market’s gains have picked up since the morning, and it’s not just concentrated in Meta , Amazon , or Nvidia . The market doesn’t seem to care about the much hotter than expected jobs report, viewing good news for the economy as, in fact, good news. Overall, the S & P 500 is on track for another positive week despite growing overbought conditions. Even Apple is well off the lows of Thursday night and this morning despite the critics. Tale of two tech winners: Meta is on the verge of having the largest gain in the history of the stock market. On track of adding $200 billion in market cap Friday on the back of a strong earnings report. The stock is up 21% after the company reported great guidance and a dividend which was an upside surprise. As it relates to the Charitable Trust portfolio, that Meta is climbing to the second largest position behind Nvidia, which is in competition with Meta to be the No. 1 position in the S & P 500 so far this year. Year to date, Nvidia and Meta are up 33% and 35% respectively. Both were also market leaders last year too. Retail winners and losers: Amazon reported huge revenue beat Thursday after the closing bell. Jim believes the company’s success in ecommerce retail shows there might be some dislocation among pharmacies like CVS and Walgreens since it has become so easy for Prime members to order items online and receive them in a day or on the same day. This ease of buying and delivery may compel customers no longer shop at places like CVS or Walgreens. But Jim added that our retailers, Costco, and TJX are more immune to this dislocation because of their unique business models. Bottom movers: Jim suggested buying Linde ahead of the quarter. “I like Linde here,” he said after the stock trended lower Friday. The company has a consistent year over…
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