CNBC Investing Club: Cramer's Morning Take on Linde PLC 10/29/26

0:00With the Discover Cashback Card, it's payback time when you earn cash back on everyday purchases. Activate and earn 5 % cash back at different categories each quarter on up to$1 ,500 in purchases. That's 5 % cash back at different places each quarter, like grocery stores, on gas, and at restaurants. It pays to Discover. Terms apply. See discover.com slash 5 for details. 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.

0:39and global economic news, monetary policy decisions, and key results and statistics that may impact your trading. Download the latest episode and And subscribe at schwab.com slash market update podcast or find Schwab Market Update wherever you get your podcasts. 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. Lily is one of the stars in the market today after a very strong beat and raise quarter.

1:25You spoke to David Rickson's clock on this show. Well, David is very adamant that many of the new drugs are going to be addressing what is the biggest problem, which is what's known as persistence. There are people who can't take these drugs because somehow it makes them not feel well. Tolerability issues. Tolerability, and they are addressing one by one all the tolerability issues. And he also talked about how great the Medicare plan has been working and how there's so many more people who come on it. And they're even talking about something that can remove the fat internally. Yeah, visceral fat.

1:57I didn't know that. That was really good. That was very, very good. Yes, the bridge has been a huge success, getting more people into the category. And seven of the ten new bridge patients are choosing Lilly. Found value a miss. That's the oral GLP-1. But I think it's starting to gain ground on the oral GLP-1. Yeah, it is. And when you're doing your interview, you're really conscious of the fact that you'd rather just talk about bigger picture, 30 ,000 feet. And it's a nice day for the drugs. Merck had a good quarter. J &J's up. Lindy, you had a top and bottom line beat. They raised the full year outlook.

2:31Volumes up 2%. Love to see that. Electronics, manufacturing, chemicals, and energy doing well. Really, what is holding back the business right now, again, is that Lindcare business, the U.S. home care business. If you actually take that out, Lindy would be back to double-digit growth. They did restructure it in the quarter. They continue to evaluate strategic alternatives. Health care would have been up in single digits if you exclude Lindy. I like electronics. Now, what matters here, by the way, there's some self-fulfilling prophecies here. Oh, down five. I want to get out before it's down 10.

3:05I want you to think the other way. Down five. It's good. If they take it down 10, you've got to buy the stock. Earnings tonight, we have four. Amazon, Intel, Starbucks, FedEx. All right, let's very quickly go over Amazon. I'm obviously worried about Amazon advertising. If people can use Muse and not be able to go through advertising. Intel, I need to see that they have momentum and possibly new clients for their foundries. Starbucks, the stock is up too much ahead. I don't like that. But I would love to hear that the continuation of the plus 7 % came for sales is happening in the U.S. That would be terrific.

3:39And FedEx Freight, it's a very small position. I'd like to be able to say, listen, when the economy turns around, you want to be in this. Obviously, this thing came out. It was too high. We bid. It's small. Let's do some more work on it after we hear it tonight. Perfect. All opinions expressed by Jim Cramer on this podcast and in connection with the CNBC Investing Club are solely Cramer's opinions and do not reflect the opinions of CNBC or its parent company or affiliates and may have been previously disseminated by Cramer on television, radio, internet, or another medium. No specific outcome or profit is guaranteed in connection with your reliance upon or other use of the content from Kramer.

4:11The opinions offered in connection with this podcast and the CNBC Investing Club are not an attempt to induce any particular trading behavior, investment, or strategy. To view the full CNBC Investing Club disclaimer, please visit cnbc.com forward slash investing club disclaimer. Introducing Fidelity Trader Plus. With customizable tools and charts you can access across all your devices. Try our most powerful trading platform yet at fidelity.com slash trader plus. Investing involves risk, including risk of loss. Fidelity Brokerage Services LLC. Member NYSE SIPC.