Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Markets bounce : Stocks kicked off the new trading week on a higher note, driven by strength in the mega-cap tech stocks ahead of Nvidia ‘s GTC conference and reports that Apple may partner up with Alphabet to bring the Gemini AI model to the iPhone. The report is easing concerns about Gemini’s credibility and sending Alphabet shares to their highest levels since early February. Disney gets a win : A major proxy advisor weighed in on the Disney -Trian board battle. Glass Lewis said Monday it recommends Disney shareholders vote for the company’s director nominees and not the slate forth by Trian’s Nelson Peltz. Disney’s annual meeting is April 3. Although the Glass Lewis decision is a potential setback to Trian’s chances of getting enough votes to put Peltz and former Disney CFO Jay Rasulo on the board, Jim Cramer still sees the merits of this contest. “Disney’s board is dysfunctional but the stock’s going higher because of the activist pressure. The pressure is good. Nelson was valued as a board member at Procter & Gamble , Mondelez , and Heinz . I don’t get the aversion. But the stock is going higher.” The comeback kids: GE Healthcare climbed back above $90 per share and has put together two positive sessions in a row. It’s a good sign considering the stock fell roughly 3.6% last Wednesday to $88.48 after General Electric announced a sale of 14 million shares through a second offering. “GE Healthcare almost digested the GE block. The company works closely with Nvidia on AI. Nvidia mentions the company in its health-care work,” Jim said. Shares may also be getting a boost from signs that China has provided stimulus for hospital and teaching equipment. Analysts at Evercore ISI…
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