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 Monday's key moments. Stocks were subdued to start the week as Wall Street looks to keep its winning ways going. Last week, the Dow Jones Industrial Average secured its best weekly performance of 2024, up 2.16%, while the S & P 500 and Nasdaq advanced 1.85% and 1.14%, respectively.
Honeywell International shares rose more than 1% Monday, as the Club holding continues to rebound after a lackluster start to 2024. The stock is up about 8% since its low close of the year on April 17. However, don't offload shares of the industrial conglomerate now that it's gaining traction, Jim argued, adding that its newfound momentum may attract new investors. "Don't sell Honeywell," he said. "This stock has been stuck in the mud for ages.
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