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. Wall Street was mixed to start the new week ahead of Wednesday morning's consumer inflation print and Wednesday afternoon's Federal Reserve interest rate decision. Club name Broadcom reports earnings after Wednesday's closing bell.
" can go much higher," Jim said, adding that shares benefit from fluctuating commodities prices because of the company's exposure to oil and natural gas and its ability to shift production resources between the two. UBS upgraded Club holding Honeywell to a hold from a sell rating on Monday. The analysts cited an "improved outlook" for the company's industrial automation business.
Source: Energy Industry News (energyindustrynews.net)
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