Jim Cramer says he would take profits in our big AI winner of the week. Here's why

The Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.

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 Fridays' key moments. The S & P 500 declined Friday, pulling back from its record high set in Thursday's session. The usual suspects in the tech sector are holding up. Nvidia and Broadcom both climbed roughly 1.5% after the opening. Meanwhile, Apple and Microsoft have dominated the market this week, too.

"We want to lighten up a bit," Jim said, adding that investors can't just ride the boom in tech. Meanwhile, the Club bought more DuPont de Nemours on Friday. We think the conglomerate's recently announced plan to split into three publicly-traded companies presents more upside for the materials stock. JPMorgan raised its price target on TJX Companies to $125 a share from $114, implying a 15% upside from its Thursday close.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

Palo Alto Networks Inc Dupont De Nemours Inc Microsoft Corp Apple Inc GE Healthcare Technologies Inc Broadcom Inc NVIDIA Corp S&P 500 Index Breaking News: Markets Markets Investment Strategy Jim Cramer Morning Meeting Recaps Business News

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jim Cramer's top 10 things to watch in the stock market ThursdayWall Street is set for a low-key open Thursday after the S&P 500, Nasdaq and Dow all closed at record highs.
Read more »

Jim Cramer loves Buffett's new stock, calling insurer Chubb the 'best there is'During the CNBC Investing Club's Morning Meeting on Thursday, Jim Cramer offered praise for insurer Chubb.
Read more »

Jim Cramer's top 10 things to watch in the stock market FridayWall Street heads for a flat open Friday. Reddit shares jump in the premarket while Cracker Barrel slides.
Read more »

Jim Cramer's week ahead: Earnings from Nvidia, Target, Macy'sCNBC's Jim Cramer highlighted earnings reports from Palo Alto Networks, Toll Brothers, Ross Stores and Deckers Outdoor.
Read more »

Jim Cramer's top 10 things to watch in the stock market MondayStock futures were flat Monday as all three averages look to extend their winning streaks.
Read more »

Jim Cramer's top 10 things to watch in the stock market TuesdayPalo Alto Networks is better than it looks. Here's why.
Read more »