This energy stock is the clearest winner in efforts aimed at powering the AI buildout

Every weekday, CNBC Investment Club with Jim Cramer hosts a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Friday's highlights. 1. The S&P 500 was little changed on Friday as the market struggled to hold on to earlier gains. "The only thing I would say is that most of our stocks are blown away," Jim Cramer said. Club, which owns Nvidia, was one of them; Shares rose more than 1% at the beginning of the session to around $190 a piece before calming down a bit. Jeffries analysts said the stock remains cheap and raised their price target on the stock to $275 from $250. However, Jim is not confident in the idea of buying Nvidia at current levels. "It's a stupid bet" to think there won't be a near-term decline, Jim added. 2. Honeywell upgraded to buy equivalent rating at JPMorgan; Here analysts also increased the price target from $218 to $255. Analysts are more bullish on Honeywell as it "extends its discount to the sum of the parts." “The company is poised to build a cleaner story heading into the turnaround year, with much of the dilutive portfolio action behind it,” analysts wrote in a note to clients. We sold some Honeywell stock this week to take advantage of recent strength. 3. President Donald Trump asked PJM Interconnection, the nation's largest grid operator, to host an emergency auction that would allow tech companies to bid on new energy contracts. White House officials told CNBC that the president has asked the company to install $15 billion in new baseload power generation. GE Vernova is the "clear winner" in this scenario, according to Jeffries analysts. "They need to build more power plants. The only way to build more power plants is to give it to GEV," Jim said. 4. At the end of the video, the stocks covered in Friday's rapid fire were: Coterra Energy, Devon Energy, 3M, PNC and JB Hunt. (Jim Cramer's Charitable Trust is long GEV, NVDA, HON. See here for a full list of stocks.) When you subscribe 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 trading alert before buying or selling a stock in his charitable foundation's portfolio. If Jim talked about a stock on CNBC TV, he waits 72 hours after issuing the trading alert before executing the trade. THE ABOVE INVESTMENT CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY, TOGETHER WITH THE DISCLAIMERS. NO CIVIL OBLIGATIONS OR DUTIES EXIST OR SHALL BE RESULTING FROM YOUR RECEIVING ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTMENT CLUB. NO SPECIFIC RESULT OR PROFIT CAN BE GUARANTEED.