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 Friday's key moments. 1. Stocks were higher Friday as this week's rotation continued out of last year's AI-related winners and into what Jim Cramer called "hopes spring eternal stocks." He used Club names Starbucks and DuPont as examples. Both are performing better in 2026 than portfolio holdings Nvidia and Broadcom . Friday's release of middling job growth in December was not much of a factor in the market. Next week, we get bank earnings. For the Club, Wells Fargo reports Wednesday, with Goldman Sachs and BlackRock out Thursday. Jim will be attending next week's JPMorgan Healthcare Conference, where Club names Eli Lilly , Bristol Myers , and Danaher will be presenting. 2. GE Vernova was downgraded to a hold-equivalent rating from buy over at Baird, where analysts are concerned about power overcapacity after several competitors announced expansion plans. Jim disagrees, pointing to Meta Platforms' latest deals with Oklo , Vistra , and TerraPower to supply nuclear power for their data centers. "The demand is extraordinary," Jim said. We trimmed GE Vernova in December at around $684 per share. The stock is now trading around $630. If it falls to around $600, there is a chance the Club may buy back some of those shares. 3. Costco shares were higher again Friday after rocketing 3.7% higher in the prior session on strong December sales. Jim is putting Costco back on his list of favorite stocks after trimming the stalled position last month. "They want to return the money to the members," he said, referring to any money that may come back to Costco if the Supreme Court were to rule tariffs illegal. The tariff decision did not come Friday. "That will boost membership," said Jim. Costco stock is "coiled spring because once it gets one number right, that one renewal number, people are going to go crazy for it," he added. 4 . Stocks covered in Friday's rapid fire at the end of the video were: Marriott , Nucor , Waste Management , FedEx , and Adobe . (Jim Cramer's Charitable Trust is long WFC, LLY, GEV, SBUX, DD, BLK, BMY, DHR . See here for a full list of the stocks.) 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.
