Oracle's report lifts AI stocks, Cramer likes these 2 other names

Every weekday with Jim Cramer and CNBC Investment Club organize a "Morning Meeting" live stream at 10:20 AM ET. Here is a summary of the key moments on Wednesday. The 1st S&P 500 and the Nasdaq Composite extend the expected August Producer Price Index (PPI) and Oracle's Blowout earnings report on Wednesday, which is supported by Blowout earnings report. Especially in the PPI, Jim Cramer said that the Federal Reserve spoke about the potential of a Jumbo half -point ratio at the next week meeting. Jim said he didn't think it would happen, but "created a beautiful ground for stocks". So is Oracle's earnings report. The shares of the technology giant increased a remarkable 39% behind the demand for swelling for cloud services. Accordingly, our stocks were connected to the construction of AI data centers, gas turbine manufacturer Ge Vernova increased by almost 6% and electric component supplier EATON increased by more than 4%. Jim said, "The right place to be". Our second chip names are also riding Wave, especially on Wednesday, increasing by 10%, Broadcom, basically doubles the gains after earnings in the previous three sessions. This large movement has a special AI chip stock at new record high. Meanwhile, Jim estimated that the leading AI chipset Nvidia shares are directed to the highest levels of all time. The NVIDIA rose to about 5% on Wednesday, about $ 179, below the highest level of the $ 183.16 record on August 12, Jeff Marx, Broadcom's performance against Nvidia during the day, he said. 3. Jim was also positive in Club stocks in Apple and Danaher. He said Apple's last withdrawal at the iPhone launch event on Monday was a solid entry point for new investors. “We don't trade here. We buy for a long time, Jim Jim said, emphasizing the importance of long -term investment. Danaher said that the company has become more positive in the case of a game in China, a problematic market for the company. The Life Sciences company announced that the board of directors approved the 35 million stock purchase program, which is equal to almost 5% of the shares. "People should buy Danaher here. I think the purchase will be very aggressive," he said. At the end of the 4th video, the shares covered on Wednesday's fast fire were: Nike, Synopsys, Trade Desk, Chewy and Aerovironment. (Jim Cramer's philanthropist trust is long Gev, Etn, Nvda, Aapl and DHR. Look here for the full list of stocks. Jim is waiting for 45 minutes after sending a trade warning before buying or selling a share in the portfolio of charitable confidence. If Jim talked about a stock on CNBC TV, he's waiting for 72 hours after trading warning before trading. The above investment club information is subject to our conditions and conditions and our Privacy Policy with the waiver. There is no confidence or duty or not, as you receive any information provided in connection with the Investment Club. A specific result or profit is not guaranteed.