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 Friday’s key moments. 1. Stocks are trying to stabilize after Thursday’s sell-off pushed the S & P 500 into negative territory for the year. After a weak open, all major indices are now up 0.5% Friday. Helping the rebound is an in-line personal consumption expenditures index (PCE) reading, which is the Federal Reserve’s preferred inflation gauge and influences its next interest rate moves. January’s PCE rose 0.3% for the month and 2.6% year over year. The Fed likely needs a few more months of lower readings before cutting rates again. Mortgage rates tied to the 10-year Treasury yield could boost the housing market if the 30-year rate falls below 6.5%, said Jeff Marks, the Club’s portfolio director. That’s helping Home Depot shares, which are up nearly 2% this week and holding steady despite the broader sell-off. 2. Jim Cramer’s guidance to be patient and wait for the market to get oversold, as he outlined in his Sunday think piece , served us well this week. The only buy we made was Texas Roadhouse , as we slowly added to our small position on Tuesday. The stock dropped after its earnings report revealed weaker comparable sales due to poor weather. However, we see long-term value, especially since it has little to no tariff exposure, a major headwind for consumer stocks this year. Texas Roadhouse shares rose 1.6% Friday. On Friday, we locked in some profits by peeling back our Starbucks position; shares of the coffee chain have rallied hard this year. 3. On tap for next week is a host of Club stocks reporting their earnings. Cybersecurity firm CrowdStrike kicks things off Tuesday after the bell where we’ll be watching its net new annual recurring revenue and initial 2026 guidance. Chipmaker Broadcom reports Thursday, and the focus is on the company’s custom AI chip sales. Our favorite retailer, Costco also announces earnings Thursday and we’re zeroing in on its profit margins and progress in expanding advertising opportunities after a strong monthly sales report. (Jim Cramer’s Charitable Trust is long HD, TXRH, CRWD, AVGO, COST. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
