Jim Cramer’s CNBC Investment Club hosts a “Morning Meeting” livestream every weekday at 10:20 a.m. ET. A recap of Monday’s key moments. 1. Stocks were mixed on Monday as investors assessed the latest developments in Iran war negotiations and awaited the release of key inflation data later this week. West Texas Intermediate crude oil fell below $75 a barrel after reports that U.S. and Iranian authorities had agreed on a framework to reach a final deal within 60 days, easing concerns about disruptions to global energy supplies. Despite falling oil prices, U.S. Treasury yields rose, with the benchmark 10-year Treasury yield rising to about 4.5%. Jeff Marks, the club’s director of portfolio analysis, said lower energy prices should help ease inflationary pressures and could make it less likely that the Federal Reserve will raise rates again later this year. 2. Shares of the club that owns Intel rose 3% on Monday as semiconductor stocks outperformed the broader market. The move comes after Intel announced Thursday that Seok-Hee Lee will join the company as executive vice president of foundry business. Lee, a semiconductor industry veteran who held leadership roles at battery maker SK On and memory chip maker SK Hynix (both subsidiaries of South Korea’s SK Group), will oversee advanced packaging, system integration and manufacturing operations. Jeff said the hire reinforced the club’s bullish view on Inter’s turnaround and the long-term potential of the foundry business. He noted that “there is a huge opportunity” in advanced packaging, which is becoming an increasingly important part of semiconductor manufacturing as AI chips become more powerful and complex. 3. The club’s name, Qnity, rose about 2% on Monday, extending its share price gain to more than 100% this year. Jeff said the company is benefiting from major changes in semiconductor design, with chipmakers increasingly stacking components to improve performance rather than simply shrinking transistors. This trend is driving Qnity’s business by requiring more specialized materials. Jeff also noted that the stock remains relatively unfollowed on Wall Street, with fewer than 10 analysts covering the company, leaving room for investor interest to grow over time. (Jim Cramer’s Charitable Trust is long INTC and Q. 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.
