Cramer says this tech giant is ‘misunderstood’. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake
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I'm Cindy Lauper with fellow Cascentics advocate, Chef Michelle Bernstein. We'll share our experiences with plaque psoriasis, with psoriatic arthritis, and Dr. Panico will talk about the possible connection. Cascentics at Cukenumab is prescribed for adults with moderate to severe plaque psoriasis 300 milligram dose, and adults with active psoriatic arthritis 150 milligram dose. Don't use if you're allergic to Cascentics. Before starting, get checked for TB. Serious allergic reactions, severe skin reactions that look like eczema, and an increased risk of infections, some fatal have occurred. It may lower your ability to fight infections, so tell your doctor if you have an infection or symptoms like fevers, sweats, chills, muscle legs, or cough, how to vaccine or plan to, or if IBD symptoms develop or worsen. Our investments shake tomorrow today. Pursue your tomorrow with PJIM, a leading global asset manager. Jim Kramer here to share with you a sample of my take on the market from today's CMC Investing Club morning meeting. By the way, can I just say that of the stocks that I look at right now, if I just joined us, I would buy some Amazon later in the afternoon. I think later in the afternoon, I don't see the market necessarily going to rally, and I like Amazon, and I spent a lot of time talking with the company last night, and I feel that it's being misunderstood. Amazon Web Services is doing very well. Yes, there is a retail component, obviously, but I think it's overdone. By looking at the forward guidance, you're making a big mistake, because that forward guidance is done, and very rarely comes about. It's hard to predict sales of a company of that size and profitability, when there's just so many different variables. To your point about AWS, revenue growth did accelerate, margins, 35 or so. I had a horrible fight with their CFO when Amazon Web Services looked like it was going to go below 10%, and he said, "We're going to hold the line," and I said, "Well, give me a breath. I don't like the guy very much. He's a stealer fan." I said, "You go fan," and I feel very strongly that this company is in such great hands that you have to buy some stock here at $160, that would be a price they said. They continue to lower the cost to serve, which is important to the profitability. Now, they did talk about there's trade-down happening and maybe some sales. Right, substitution. Some sales of some products, maybe not as strong as they would be in a robust economy. But electronics, they said, was strong, so I challenge that, and it is some TVs, but it's PCs. Can you imagine? PCs are doing well, which is such a shame for Intel. It is. But very good for AMD. Sure, AMD. I mean, that's another one we said. If we weren't restricted today, we would be buying our stock is down now, even from when they reported- But then, well, that's some good results. They did raise the MI 300 guide, PC sales, talked a nice story there for our point- This is a very good buy right here, people, because when you go in the Intel conference call, what you will hear is a company that's really under tremendous stress. So if you're a Dell or an HP, you can pivot and just do all the- or you won't with advanced background, they'll make it for you, so there's- and make it until your second source, and I think that's going to happen. Join the CNBC Investing Club with Jim Kramer to catch my member exclusive morning meetings every day at 10 20 a.m. Visit cmbc.com/morningtake to become a member today. That's one more morning take. All opinions expressed by Jim Kramer on this podcast and in connection with the CNBC Investing Club are solely Kramer's opinions and do not reflect the opinions of CNBC, NBC Universal, or their parent company or affiliates, and may have been previously disseminated by Kramer on television, radio, internet, or another medium. No specific outcome or profit is guaranteed in connection with your reliance upon or other use of the content from Kramer. The opinions offered in connection with this podcast and the CNBC Investing Club are not an attempt to induce any particular trading behavior, investment, or strategy. You should be aware of the risk of loss in following any strategy or investment discussed in the content from Kramer. To view the full CNBC Investing Club disclaimer, please visit cmbc.com/investingclubdisclaimer. Earning your degree online doesn't mean you have to go about it alone. At Capelli University, we're here to support you when you're ready. From enrollment counselors who get to know you and your goals, to academic coaches who can help you form a plan to stay on track, we care about your success, and are dedicated to helping you pursue your goals. Going back to school is a big step, but having support at every step of your academic journey can make a big difference. Imagine your future differently at Capella.edu. [BLANK_AUDIO]
Cramer says this tech giant is ‘misunderstood’. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake
CNBC Investing Club Disclaimer
