CNBC Investing Club: Cramer’s Morning Take on EQT Corporation 10/26/26

0:00This episode is brought to you by Schwab Market Update, an original podcast from Charles Schwab. Schwab Market Update, an original podcast from Charles Schwab, provides an information-packed daily market preview on stock updates, U.S. and global economic news, monetary policy decisions, and key results and statistics that may impact your trading. Download the latest episode and subscribe at schwab.com slash marketupdatepodcast or find Schwab Market Update wherever you get your podcasts. Something amazing is happening in data management. Even though storage needs are constantly changing, companies are only paying for what they need now.

0:37That's because CDW customized an ever-pure, evergreen one, SLA-driven storage as a service solution, delivering hybrid cloud storage that's easy to manage, efficient, and continuously evergreen. Simplify storage administration with ever-pure and CDW. Make amazing happen. Find out more at cdw.com slash everpure. Jim Cramer here to share a short preview of my take on the market from today's members-only CNBC Investing Club morning meeting. Join the club for full access to the morning meeting every day at 1020 a.m. Visit cnbc.com slash morning take to sign up today. That's one word, morning take.

1:23Earnings Verizon reported this morning they raised a full-year outlook after EPS beat stock. Not doing much, though. No, and this is just Starlink. I mean, I think that T-Mobile is the one I would buy if you had to own one. But, you know, I happen to think that SpaceX is a great stock. I've been saying that. There was a deal at EQT to buy range resources, all stock deal, natural gas. Yeah, and that's really important because EQT, which is the most dedicated, that's a buy, most dedicated to providing natural gas to the data centers, which they're all on. And even Musk mentions that right now they're all on.

1:59This is one that utilities needed. Remember, this is less linked necessarily to the data center as much as it is to the growth because of reshoring, because of all the businesses coming on, the enterprise of the electric system. And the electric system is going to be run on natural gas. EQT is just hooked right up to this new pipeline that was approved and built during the period of Trump. And so they're taking advantage of that and buying resources, which is southwest Pennsylvania and also northeast Pennsylvania. And finally, I saw an upgrade of Lockheed Martin at Morgan Stanley. They go to overweight.

2:36Yeah, they have a lot of business. If you like Lockheed Martin, that's a nice move. RTX, I regard as better. Lockheed Martin got permission to be able to build more F-35s. Those are very expensive planes. It surprises me because we are now in drone world. We are not in the role of classic old claims.

3:22their trading behavior, investment, or strategy. To view the full CNBC Investing Club disclaimer, please visit cnbc.com forward slash investing club disclaimer. This episode is brought to you by Schwab Market Update, an original podcast from Charles Schwab. Schwab Market Update, an original podcast from Charles Schwab, provides an information-packed daily market preview on stock updates, U.S. and global economic news, monetary policy decisions, and key results and statistics that may impact your trading. Download the latest episode, and subscribe at schwab.com slash market update podcast or find schwab market update wherever you get your podcasts.