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 Thursday’s key moments. Jim Cramer, back from the JPMorgan Healthcare Conference in San Francisco, said Thursday that Bristol Myers Squibb might be the best Club stock for 2025. He’s extremely bullish about what he learned about the company’s schizophrenia drug Cobenfy and its possible other uses to treat bipolar disorder and Alzheimer’s disease-related psychosis. Jim called Bristol Myers stock “dramatically undervalued,” and said he would “buy that aggressively.” The Club’s most recent Bristol Myers purchase was one month ago, just above the current price of $56 per share. Club name DuPont moved up its timeline for spinning off its electronics business, targeting Nov. 1. However, the planned separation into three companies was trimmed to two because DuPont is keeping its water business. Acknowledging the “spin purgatory” that has gripped DuPont stock, Jeff Marks, director of portfolio analysis for the Club, said he hopes the expected break-up of Honeywell won’t suffer the same fate. Jim agreed, saying that unlike DuPont, he would look to be a “seller of Honeywell.” Taiwan Semiconductor Manufacturing reported fourth-quarter results that topped estimates, thanks to strong demand for artificial intelligence chips. The third-party maker of chips guided AI revenue to double this year, and that’s good for Club semiconductor stocks Nvidia and Broadcom . Separately, Jim said he met with Nvidia founder Jensen Huang while in San Francisco and felt the CEO was blindsided by the Biden administration’s new chip export controls . Jim and Jeff finished the Morning Meeting with a rapid-fire review of the Club’s three financial firms that reported strong earnings Wednesday: Wells Fargo , Goldman Sachs and BlackRock . (See here for a full list of the stocks in (Jim Cramer’s Charitable Trust.) 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.
Jim Cramer names a drug stock that could be the best for 2025, and it’s not Eli Lilly