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. 1. Stocks fell Monday after President Donald Trump said he’s increasing global tariffs to 15%, from 10%, after the Supreme Court struck down his “reciprocal” tariffs Friday. “The confusion about the tariffs and what will happen is a lot different from the confusion that we’re having when it comes to valuing tech,” said Jim Cramer, noting that market uncertainty always leads to sell-offs. Portfolio holding CrowdStrike is down more than 9% today, following a 8% decline on Friday after Anthropic announced a new security tool for its Claude AI assistant. Jim said we’re holding the stock, noting that “rationality will return.” 2. Alphabet was upgraded to a buy equivalent rating from a hold at Wells Fargo, which also raised the stock’s price target to $387 from $354. The analysts said Alphabet has leadership in three key traits of AI winners: customer data, distribution, and compute capacity. The firm also raised its Google Cloud 2026 revenue growth estimate to 60% over last year, 11% above consensus. “I think this stock will go to $400,” Jim said, pointing to Alphabet’s deal to have Gemini power Apple’s AI features, including a Siri upgrade. “I don’t think people realize how good Gemini is.” If the stock hits $400, that would be a nearly 27% upside from Friday’s close. 3. Home Depot reports earnings Tuesday before the opening bell. “Obviously, this company may not do the numbers,” said Jim. “But we’re in it because [incoming Federal Reserve Chair Kevin] Warsh is going to cut rates, and when you get a rate cut cycle, Home Depot’s what you buy.” Consensus analysts’ estimates show a slight decline in same-store sales. The home improvement giant has issued 2026 guidance of comp sales growth of flat to up 2% and earnings per share growth of flat to up 4%. 4. Stocks covered in Monday’s rapid fire at the end of the video were: Workday , CBRE Group , VF Corp , and Domino’s Pizza . (Jim Cramer’s Charitable Trust is long CRWD, GOOGL, and HD. 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 discussed a stock on CNBC, he waits 72 hours after issuing a 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.
