The Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.
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 Friday's key moments. Wall Street is tracking to close out the rough holiday-shortened week on a down note. Friday's weaker-than-expected monthly jobs report increased the market odds of the Federal Reserve cutting interest rates by 125 basis points, or 1.25 percentage points, by year end.
So, he advised, investors to buy small. Salesforce has agreed to buy startup Own for $1.9 billion in cash. Own, in which Salesforce has a 10% stake, provides data protection and data management solutions. Salesforce said the deal, which comes ahead of its Dreamforce conference later this month, will not impact the Club name's capital return plans. Jim called Salesforce a good stock with a bad chart.
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