One of our chipmakers has become a tech battleground stock — plus, an update on Linde
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market moves : The S & P 500 was lower to start the week, reversing what turned out to be a tepid attempt at a rebound after last Friday’s tech selloff. Oracle and Broadcom have become battleground stocks, even as the latter reported strong results and gave an upbeat AI forecast last Thursday. While tech pulls back, there’s always a bull market somewhere — so, investors are rotating into health care, consumer staples, and non-AI related industrials. Linde update : Don’t miss Linde CEO Sanjiv Lamba on “Mad Money” on Monday night. It’s an important time to check in with the industrial gas giant. Linde shares were a solid performer through the first half of the year as investors appreciated its defensive business model in an uncertain tariff environment. But it began sliding in late September and ultimately gave back all its gains. That’s the past. Looking forward, there are signs that sentiment is beginning to improve. A positive day on Monday would make it five straight sessions of gains, going back to when we learned on the evening of Dec. 8 that Lamba bought about $1 million worth of stock in the open market. Also, the company hosted investor meetings last week, and analysts at Citi named Linde its new top pick in its chemicals universe after the presentation. It sounds like 2026 will be another year with no volume growth, but we’re interested in hearing more about its electronics and space exposure. Linde has built a reputation as the “Exxon of space” because its gases support 80% of U.S. commercial space launches. Linde’s gases are used across kinds of other industries, including health care, mining, energy, and electronics. We have had our hold-equivalent 2 rating on Linde since a sale we made on March 10 in the $460s. Monday night’s interview could shape what we do next with our position. Up next : While there are no major earnings after Monday’s closing bell or Tuesday’s opening bell, the main story will be economic data. On Tuesday, the Bureau of Labor Statistics will release jobs data for both October and November and provide the November unemployment rate. It’s important data considering the Fed’s worries about a cooling labor market. We’ll also see delayed October retail sales. (See here for a full list of the stocks in Jim Cramer’s Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
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