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. Wall Street rallied Friday, with the Nasdaq up more than 2% — but overall, it was still going to be a down week for the market. President Donald Trump’s approach to tariffs has rattled investors and fostered concerns about the economy. Consumer sentiment in March — measured by the University of Michigan’s monthly survey — dropped to its lowest reading since November 2022. The poll of consumers’ one-year outlook for inflation jumped to its highest since November 2022. “But we did get a couple of encouraging CPI and PPI prints this week. So, maybe there is a little too much fear out there,” said Jeff Marks, director of portfolio analysis for the Club. During Thursday’s Monthly Meeting, Jim Cramer named six portfolio stocks to buy . 2. Club stock Danaher was upgraded to a buy on Friday at Stifel, which believes the stock has found its footing again after a big re-rating. There are also more upside opportunities on the top line and margins through new cost savings, according to analysts. “We also believe 1Q may be more de-risked here than elsewhere when it comes to academic/govt demand,” analysts wrote. Danaher did have weaker guidance than their peers however, Stifel said it’s willing to make the bet that the 6% to 7% growth for the company can prove conservative. Jim has expressed disappointment with Danaher’s leadership but will continue holding the stock in the portfolio. 3. Shares of Abbott Laboratories were down Friday on renewed worries about lawsuits questioning the safety of the company’s specialized formula for premature babies. A judge rejected a key verdict that went in Abbott’s favor last year and ordered a new trial. “I guess we’re kind of back in this litigation uncertainty,” said Marks. Fortunately, the Investing Club sold shares at several higher price points in the past month. Between Feb. 5 and March 10, we trimmed 200 shares of Abbott at prices ranging between $131 per share to $138. Jim said Abbott may soon be down to a level where he would be interested in buying again. 4. Stocks covered in Friday’s rapid fire at the end of the video were: Ulta Beauty , Chipotle , T-Mobile , Charter , and American Express . (Jim Cramer’s Charitable Trust is long TJ Maxx , Capital One , Texas Roadhouse , DuPont , Black Rock , and Home Depot . 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.
