By Natasha Abellard
Publication Date: 2026-03-02 16:54:00
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. The S & P 500 fell Monday but turned higher (briefly) around midday after the U.S. and Israel launched an attack on Iran this weekend. Not surprisingly, U.S. oil spiked higher, but WTI crude prices were off their highs of the day. “We were very ugly at the open, and then we bounced,” Jim Cramer said on the Morning Meeting for Club members, adding it likely happened because oil peaked. Considering the defensive nature of the health-care sector, we called up from our Bullpen watchlist and initiated a position in Cardinal Health on Monday morning, putting to use the cash from exiting Danaher last Thursday. 2. CrowdStrike rose more than 2% on Monday after Piper Sandler upgraded the cybersecurity name to a buy-equivalent rating from hold ahead of earnings on Tuesday evening. The analysts, who maintained a $520 price target, said the nearly 19% year-to-date pullback in CrowdStrike is “overdone.” Piper also views AI as an opportunity for CrowdStrike instead of a replacement threat, a position that Jim has maintained for weeks now. While the stock trades at a premium, Jim feels this is justified given CrowdStrike’s robust AI program. 3. Nvidia shares gained more than 3%. The chip maker was named a top pick in semis at Morgan Stanley, replacing Micron. The analysts said that while Nvidia’s stock has not moved in the last two…
