Every weekday, the CNBC Investing Club with Jim Cramer hosts a “Morning Meeting” livestream at 10:20 a.m. ET, providing stock market insights. On Wednesday, the S&P 500 was slightly up, while the Dow dipped due to declines in Amgen and Disney’s earnings. Cramer suggested viewing Disney’s drop as a buying opportunity, recommending investors start small. He emphasized the necessity of exploring undervalued stocks rather than chasing trendy options like Palantir. Amazon’s collaboration with OpenAI for AWS was viewed as a strategic move to enhance its generative AI capabilities amidst rising competition. Cramer advised against selling Amazon shares. He also cautioned that periods of underperformance in stocks shouldn’t deter investors, noting his preference for acquiring undervalued stocks like Apple rather than high-flying options. Cramer’s rapid-fire stock coverage included McDonald’s, Arista Networks, AMD, Uber, and Amgen. Subscribers receive timely trade alerts in line with investment strategies.
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