Jim Cramer shares his thoughts on J&J, Ollie’s Bargain Outlet, Fox, Intel and Snowflake

Jim Cramer 's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Johnson & Johnson : J & J agreed to buy medical technology company Shockwave Medical for $12.5 billion . The deal is expected to be dilutive to earnings per share early on, Jim Cramer said, though he acknowledged there's aspects to like. "The reason I like Shockwave is to own the operating room, and this has a lot of AI. Very good," Cramer said.

: The media company was upgraded to buy from neutral by Seaport Research. ""Remember they've got the election. It does matter," Cramer said. Cramer recently ranked Fox as his favorite major media stock right now. Intel : Shares fell more than 2% Friday, bucking the broader move in semiconductor stocks. Analysts at Bernstein published a critical note to clients earlier Friday. "It's the stuff of 'wall of shame.

Investingclubsample Breaking News: Markets Markets Investment Strategy Jim Cramer Stock Takes Morningmeetingrapid Johnson & Johnson Ollie's Bargain Outlet Holdings Inc Fox Corp. Class A Fox Corp. Class B Intel Corp Snowflake Inc. TJX Companies Inc Costco Wholesale Corp Business News

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