“Let’s start with something simple. I cannot recall a time this year when it feels this good to be diversified among a whole host of terrific growth stocks, because growth of all kinds always works. Until now, it’s been terrific for all of 2025 to own nothing but data center, AI, nuclear, and quantum stocks. But that’s become way too risky now; it just took much longer than expected for that risk to surface.” So said Jim Cramer on Thursday to kick off November’s Monthly Meeting, noting that there are plenty of buying opportunities away from the AI trade heading into the final weeks of 2025, as well as some stocks to sell. Jeff Marks, the Club’s director of portfolio analysis, joined Jim to review the portfolio and provide an update on the current status of each of our 34 stocks. Apple: The tech behemoth boasts a massive customer base, making it a valuable AI partner for companies seeking to expand their services to a broader audience. More good news for investors: The latest iPhone 17 models have also been selling well. Jim maintained his long-held “own, don’t trade” thesis on shares. Amazon: Stay long on this megacap. Shares bounced back after the company showed growth in its high-margin cloud computing business during its most recent quarter. Amazon also dominates in advertising and retail because its e-commerce platform is among the most preferred online shopping destinations in the world. Broadcom: While Nvidia is the king of AI chips, Jim said Broadcom is still worth owning. The company could secure the contract to make chips for Microsoft, which could propel the stock higher. Jim said if the stock keeps falling — it was down 5% on Wednesday — it is a buy. Boeing: Buy shares of this U.S. aircraft maker now. This is the stock that Jim wants to get “very big in.” The company’s turnaround plan, led by CEO Kelly Ortberg, is showing progress. Expect Boeing’s cash flow to improve and for its debt to be paid down. BlackRock: Don’t give up on the world’s largest asset manager, just because shares have lagged its Wall Street peers. BlackRock’s push into private credit may be spooking some investors, especially after JPMorgan CEO Jamie Dimon recently warned on the sector. We’re not worried. BlackRock’s latest quarterly earnings report exceeded analysts’ expectations and showed significant fee growth. Bristol Myers Squibb: We bought shares of the drugmaker for its schizophrenia drug Cobenfy and its potential to treat Alzheimer’s. However, the drug is still undergoing trials and has put a lid on the stock; even its recent beat-and-raise quarter wasn’t enough for investors. If shares go higher, we’d look to trim our position. Capital One: The nation’s largest credit card issuer is doing everything right. Now that its deal with Discover is complete, the company has been buying back a ton of stock. The only reason we’re not pounding the table to buy is that Capital One’s stock has already run higher in recent months. Costco: The stock has been roughly flat this year as investors continue to worry about the U.S. consumer. As a result, the membership-only retailer is a high-quality name in a bad neighborhood. The company’s stellar execution, value to members, and consistent performance justify the stock’s premium valuation. But it leaves little room for error. Still, Jim said you have to own Costco and predicted the stock could go higher as it adds new members and grows sales. Salesforce: We won’t buy more Salesforce until management demonstrates that generative AI doesn’t pose a significant risk to its business model. That’s because businesses pay for Salesforce’s software by the seat, or for each employee using it. AI, however, can slim down the number of seats as more labor is automated. Jim does like Salesforce’s own suite of AI tools, dubbed Agentforce. CrowdStrike: Jim has confidence that CEO George Kurtz will lead CrowdStrike to keep growing sales. The stock has been one of the best market performers in 2025, but we’re not selling. We are waiting for a pullback to add to our position. Cisco Systems: Shares jumped Wednesday after the networking company posted a quarterly beat and raised its outlook . Investors shrugged off weakness in the security business, which missed estimates. We hiked our price target to $85 from $78 because the release showed us that Cisco remains an underrated winner from the AI infrastructure boom. DuPont: The stock has surged since its split from Qnity Electronics, making it our best-performing name since the October monthly meeting. Under CEO Lori Koch, DuPont is delivering on earnings. The new DuPont includes a fantastic water business and a materials division that’s diversified enough to withstand a decline in any one set of end markets. Danaher: Things are looking up for Danaher, as shares jumped nearly 3% on Thursday. The company has been buying back stock aggressively, a positive sign of management’s confidence. Danaher should diversify its business mix and not focus so heavily on the life sciences sector, which is extremely competitive. Disney: It’s clear that this is a hated stock. Shares of the entertainment giant fell more than 9% Thursday after it reported a mixed fourth quarter. We sold some shares and downgraded the stock ahead of the results on Wednesday. Jim doesn’t want to fight it anymore and is looking to make room for another stock. While Disney is in a better position today than it was a few years ago, “it has too much baggage,” Jim said. Dover: Shares of this company, which manufactures thermal connectors for data centers, have lagged other ancillary AI plays in 2025. We remain long because it’s a well-run industrial conglomerate, as shown by its aggressive buybacks and impressive third-quarter earnings report. Eaton: Jim said this industrial stock is “sensational,” given its significant exposure to the data center buildout. Don’t jump the gun and buy some shares now, though — it’s an erratic trade. Shares often get dinged whenever concerns about an AI spending slowdown arise. Be patient: Once it comes down enough, there will be an opportunity to buy. GE Vernova: Management should increase production capacity for its natural gas turbines as demand skyrockets on the data center boom. That expansion hasn’t happened yet. “I like it too much to sell, but it needs to commit to growing more,” Jim said. Corning: The real reason to own this stock, according to Jim, is Corning’s fiber optics solutions. These will replace the copper wiring that goes into data centers because copper overheats. Although this transition may not occur for several years, it will happen, and when it does, Corning will be a leading name in the AI buildout. Goldman Sachs: Financial stocks are among the cheapest in the market right now. That’s one of many reasons why Jim loves Goldman. Plus, there’s a tailwind for shares if Wall Street dealmaking increases, which would mean more fees for Goldman’s crucial investment banking division. Home Depot: We’re torn on this home improvement retailer. The stock has been held hostage to elevated mortgage rates, but the company is operating as well as it can in this environment. Home Depot is a stock that we want to win, but we will not advise others to buy it right now. Honeywell International: Investors should consider buying shares of Honeywell because, once its split into three publicly traded entities is completed, there’s much more upside ahead for each name. Jim described the stock as “astoundingly cheap” at its current levels. In particular, we love the company’s aerospace division. “I do not think people understand the earnings power of unfettered aerospace,” he added. Linde: This industrial gas giant has had a terrible performance recently. Although we won’t add to our position on the weakness, Jim said new investors should consider taking a position . There are good things ahead for Linde. In fact, UBS reassured us this week when analysts upgraded Linde to a buy rating, citing more earnings-per-share growth in 2026. Eli Lilly: Jim is more bullish on this pharmaceutical stock than ever, citing Lilly’s blockbuster weight-loss treatments. His view was sweetened after the White House announced a GLP-1 deal with Lilly and rival Novo Nordisk last week, which will lower prices for some of Lilly’s weight-loss drugs for Medicare and Medicare beneficiaries in 2026. This would make them some of the greatest-selling drugs of all time. Meta Platforms: Meta is an unfavored tech stock at the moment, as investors criticize CEO Mark Zuckerberg for excessive AI-related spending. But in a revolutionary time where ChatGPT maker OpenAI is on a deal-making spree, it’s difficult to blame the Facebook and Instagram parent for competing in the AI arms race. The silver lining is that, with the stock underperforming its mega-cap tech cohort, it is now relatively cheap. But Jim said he’s not ready to buy yet. Microsoft: The company’s massive growth in its Azure cloud business has been a key driver of the stock’s momentum this year. Jim is looking to pick up some shares on a pullback. He sees Microsoft owning the biggest AI category in enterprise software. Nike: Jim is a believer in CEO Elliott Hill’s plan to refocus the company on sports and innovation, aiming to turn around the iconic brand. The company’s upbeat first quarter of fiscal 2026 shows progress. Yet, the stock has been tough to own as it’s getting punished over concerns about the health of consumer spending. Now is a good time to pick up some Nike shares on weakness, Jim said. Nvidia: Despite the growing competition from AMD and Broadcom, it’s undeniable that Nvidia still makes the best chips on the market. We’re not looking to trim our position – we already peeled back some at the beginning of the year. Jim reminded investors, it’s prudent to lock in gains and reiterated his “own it, don’t trade it” stance. Palo Alto Networks: Palo Alto is the second cybersecurity stock in the portfolio. Jim praised its recent acquisition of identity security provider CyberArk , which was made earlier this year, as it protects large companies from cyber threats. Despite Palo Alto’s hefty valuation, Jim wants to buy more shares on a pullback, as the company is poised to continue thriving in our increasingly challenging digital era. Qnity Electronics: This is a great stock to own, benefiting from growth in the semiconductor industry. Qnity, which split from DuPont, also has credibility due to its collaboration with tech giants such as Micron, Samsung , and Taiwan Semiconductor . Be careful, though, because this is a volatile name. Starbucks: The coffee giant’s turnaround story is steadily taking shape. CEO Brian Niccol continues to make progress in Starbucks’ core U.S. market and has made a decisive decision to sell a majority stake in its China business. We saw the stock’s recent weakness at the beginning of November as a buying opportunity . Solstice Advanced Materials: The newly independent company has attractive exposure to nuclear energy, which has seen increased investment in recent years. We’re not making any sudden moves; shares remain erratic since their split from Honeywell. TJX Companies: Despite the retail sector’s struggles, TJX Companies remains a bright spot in the off-price industry. The stock remains a hold, according to Jim, after delivering a return of more than 22% this year. The company thrives in the current economic climate, where consumers are reining in discretionary spending. That’s because TJX has the ability to source high-quality merchandise and sell it at bargain prices. Texas Roadhouse: It’s tempting to buy more Texas Roadhouse, given the stock’s year-to-date weakness. However, beef inflation has pressured the company’s margins, and this trend doesn’t appear to be changing soon. Still, management is determined to keep its prices lower for customers. That means Texas Roadhouse will be missing earnings until the beef price returns to normal. Wells Fargo: Here’s another undervalued portfolio name. The stock will go higher over time now that its long-standing $1.95 trillion asset cap has been lifted. Management can invest further in higher-growth divisions, such as investment banking. (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.
