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. U.S. stocks advanced on Thursday, bouncing back after Wall Street’s early week losses. Tech stocks showed strength, with Club holdings Microsoft and Apple up more than 1%. All 11 sectors in the S & P 500 were in the green. The Treasury market calmed down Thursday, with the yield on the 10-year Treasury slightly lower ahead of the monthly U.S. jobs report on Friday. Investor concern over the Federal Reserve keeping interest rates higher for longer may have spurred a lackluster start to the second quarter, but Jim Cramer told members not to speculate too much on the U.S. central bank’s next policy move. “We’ll get as many cuts as we need,” he said. “We don’t guess how many because that’s what amateurs do.” Wynn Resorts shares climbed 1.8% Thursday after Mizuho Securities initiated coverage on the casino stock with a buy rating. Analysts issued a $131-per-share price target, implying roughly 23% upside from Wednesday’s closing price of $106.42 per share. The firm forecasted upside to earnings estimates in Macau as business in China’s gaming hub recovers. Analysts also said Wynn’s valuation was very compelling – sentiments the Club has held for some time. We added to our position in late February at nearly $102 a share. While we’re not buying at current levels, we plan on sticking with the stock. Meanwhile, Jefferies raised its price target for Meta Platforms stock to $585 per share from $550, which is about 15% above its closing price Wednesday. Analysts argued Meta’s share gains in the advertisement market will continue to accelerate in 2024. In a separate note, the analysts also boosted their price target on fellow Club holding Amazon to $225 a share from $190, contending there is still plenty to be excited about with the e-commerce and cloud-computing giant. The firm’s new target implies more than 23% upside…
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