CNBC Investing Club: Cramer’s Morning Take on Cardinal Health 5/1/26

SPEAKER_1 (0:00)

At Janice Henderson, we strive to deliver better outcomes through insight-led investing, innovation for clients, and a partnership approach that's core to our identity. I'm Jessica Liancini, Head of Fixed Income Client Portfolio Management. I'm passionate about my role in investments. It allows me to partner with our clients, simplify fixed income, and support them in achieving better outcomes for their clients.

Janice Henderson, investing in a brighter future together.

SPEAKER_2 (0:30)

Is your business achieving its current strategic goals? Are operations as tight as they should be? Are finances in a realistic place for expansion? These are questions investors ask. That's why EY Parthenon brings an investor mindset to help executives reinvent business models for long-term growth, reset strategic goals, optimize operations, and get finances in order. Let us help you reimagine your enterprise. EY Parthenon. Solutions that work in practice.

Not just on paper.

Jim Cramer (1:02)

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/morningtake to sign up today. That's one word, morning take.

You know that I was stung by Cardinal when I did all the work and read every single one of the pieces of research. I felt that Cardinal was most aggrieved. It should be much higher. It wasn't a bad quarter. It was not a great quarter. They did have a couple of missteps. They're one time only. I think when they come back, this is a comeback quarter and you do want to buy it. If we were not restricted, I think I would buy it today. Next week we've got DuPont. I think it could be okay. Don't know if it's great. Eaton has tended to sell off when they report. That's something you should be thinking about. The stock has had a major move. Arm Holdings, I think that Renee Haas is going to talk about how he has more CPUs coming than anybody else. That's a tip of down five. And the stock has run quite a bit. You know it's been a big winner for us.

But if the stock is this strong going in, up 100%, it's not going to be one that I necessarily think is going to blow things away. But it is one where he's going to talk about how well the CPU orders are that he's doing. And I don't think people are ready for that. That could be terrific. We also have Corning holding an Investor's Day on Wednesday. That's in New York.

There Wendell East who's the CEO, he will be talking. Stock was up big yesterday, still up 84%. I think that there's more. When I go down the list of what I saw yesterday, Salesforce is a little bit stronger. Atlassian had a good quarter. That's the software as a service company. So that's making Mark's company look very good.

I do think that I'm working on Honeywell. I feel it's a better story than people realize. I think Wells Fargo is better than people realize. Obviously, Lilly was just extraordinary quarter. The number of things that they're working on with Lilly are so widespread that I think that if you sell Lilly, you're going to be selling it too soon no matter what you do. I think next stop is 1000 and it will be much higher even after that.

SPEAKER_4 (3:25)

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 Cramer. The 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/investingclubdisclaimer.

SPEAKER_5 (3:57)

Men are struggling with their mental health at some of the highest rates we've ever seen, but most aren't getting the support they need and that needs to change. I'm Dr. Guy Winch, your host for season three of The Visibility Gap, presented by Cigna Healthcare.

This season, we're focusing on men's mental health, bringing together real stories and expert insight to explore the pressures men face every day and why opening up can feel so difficult. Join us for the new season wherever you stream your podcasts.