Jim Cramer’s CNBC Investment Club hosts a “Morning Meeting” livestream every weekday at 10:20 a.m. ET. A recap of Wednesday’s key moments. 1. Stocks fell on Wednesday as investors weighed a relatively positive inflation report and President Donald Trump’s comments that Iran took too long to negotiate a peace deal and now “will have to pay a price.” The consumer price index was broadly in line with expectations, helping ease pressure on Treasury yields and tech stocks. Jim pointed out that much of the rise in inflation is due to energy prices. At the same time, investors continue to grapple with rising oil prices amid geopolitical tensions and the impact of upcoming major deals, including SpaceX and Anthropic IPOs, which could cause some volatility. In preparation, it has trimmed its holdings this week to raise its cash position to 12%, including Eaton and Cardinal Health, most recently this morning. 2. FedEx Freight stock fell 4.5% Wednesday after Amazon announced plans to expand trucking services beyond its own network. Jim was encouraged that the newly independent company held up relatively well despite the news. “I really like this stock,” he said. Jim said that with dedicated management and investment, FedEx Freight is in a better position to unlock value for itself than it was when it was part of FedEx. “You have to focus on LTL (less than truckload) to do well, and that didn’t work when we were buried inside FedEx,” he said. FedEx Freight’s core business is LTL transportation, which allows companies to transport packages from multiple customers in a single trailer rather than a full truckload from a single customer. While we remain bullish on the long-term outlook, we recently downgraded the stock to 2. This means we want to maintain our position and build on it given the weakness, but we do not intend to chase the share price at current levels following the rapid rise in share price following the spin-off. 3. NVIDIA stock fell another 3% as investors continued to raise money to participate in a series of upcoming IPOs and AI-related offerings. Jim argued that the recent downturn has more to do with market trends than Nvidia’s deteriorating business. While he notes that traders can take advantage of volatility, he remains focused on the long-term story. “If you’re a short-term trader, you sell and buy back. That’s not my job,” he said. Jim continues to view Nvidia as a stock that doesn’t trade on its own due to growing demand from Nvidia’s sovereign AI projects and continued investment in AI infrastructure. He also highlighted that Amazon plans to start seeing a return on semiconductor investments related to Nvidia-powered systems next year, a sign that spending on AI is increasingly translating into real benefits for customers. 4. The stocks featured in Wednesday’s rapid-fire at the end of the video were Cracker Barrel, Cava, Chewy, Casey’s General Store, and Pfizer. (Jim Cramer’s charitable trust includes Amazon, Eaton, FedEx Freight, and Nvidia. See here for a complete list of stocks.) As a subscriber to Jim Cramer’s CNBC Investment Club, you will receive trade alerts before Jim makes a trade. After Jim sends a trade alert, he waits 45 minutes before buying or selling stocks in his charitable trust’s portfolio. If Jim talks about a stock on CNBC TV, he will issue a trade alert and then wait 72 hours before executing the trade. The above investment club information is subject to our Terms of Use and Privacy Policy, along with our disclaimer. No fiduciary duties or obligations exist or arise from your receipt of information provided in connection with the Investment Club. No specific results or benefits are guaranteed.
