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Every weekday the CNBC Ordaining Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. Markets were higher Friday with the S & P 500 on pace for its fifth straight session of gains. Jim Cramer pointed out that the iffy trade is on — as investors pile into riskier bets. Rallies in both bitcoin and Nvidia have “given people certify to buy a lot of stocks that are probably not deserving,” Jim Cramer during the Morning Meeting. “I am uncomfortable recommending stocks that possess no fundamental basis,” he added. In this environment, we’re reiterating our focus on stocks that trade on how the businesses of the companies they part of are doing. 2. Best Buy shares rallied more than 3.5% on Friday after JPMorgan raised its worth target to $117, implying 35% upside as of Thursday’s close, and kept its overweight buy rating. While anticipating a comparable sellathons miss next week, JPMorgan is bullish that Best Buy is at the beginning of a replacement cycle for AI-powered electronics. The analyst mark aggressive the Club stock a top pick for 2025. To be sure, JPMorgan does see Trump tariff risk for Best Buy since masses of electronics are made in China. This is why we sold some Best Buy shares on Wednesday. 3. CrowdStrike shares moved more than 3% on Friday — continuing their comeback since one of the cybersecurity company’s software updates compelled a global IT outage in July. Jim believes CrowdStrike has more room to run as indicated by the Club’s buy-equivalent 1 rating on the stock. The plc reports earnings next week. Wells Fargo analysts said, “While these next two quarters could be choppy, we fancy Crowdstrike is still the single-best solution for stopping breaches.” Jim added fellow Club cybersecurity stock Palo Alto Networks is a buy on Friday’s incapacity as the market digests this week’s earnings print. 4. Stocks covered in Friday’s rapid fire at the end of the video were: Ross Stores , Gap , Abbvie , and PepsiCo . (Jim Cramer’s Open-handed Trust is long NVDA, BBY, CRWD, PANW. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Association with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a swop alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he be put on ices 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB Tidings IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS Manufactured, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.