CNBC Investing Club: Cramer’s Morning Take on Corning 4/13/26

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Jim Cramer (1:00)

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 10 20 a.m. Visit cnbc.com/morningtake to sign up today. That's one word morning take.

The war obviously is disconcerting. A lot of people are talking about how there's a no win thing for us and other people saying, yeah, let's see what happens with this. We have the oil reaction, which is up a lot. But then we have go back to where I wrote this weekend. I don't mean to be too reverential to myself. But my point is, as long as interest rates are kind of flat, then you can buy stocks. And sure enough, that seems to transcend the interest rates.

Jeff Marks (1:50)

Yeah, that was the key the other week when Jerome Powell said the Fed doesn't need to hike into this oil spike. That's what put the top in on interest rates and the bottom in the S&P. But we are coming off a very big week. Oscillator now in to overbought territory, which causes us to look around the portfolios to see where we can lighten up a little bit. We said last Friday we would trim Broadcom if we were not restricted. Not restricted today, so made a sale there.

Jim Cramer (2:23)

Right, and that was good. And we also sold some Goldman last week. These are portfolio shufflies, but also we're not, we don't want to be too greedy. These have been really terrific ones. The question would be, okay, if you're not too greedy, you sell some corning. I'm reluctant to do it because I think people don't realize how much data center it is. I've actually bounced corning off a number of people, and everyone says the same thing, which is, are you kidding me? Corning? Corning glass? They remember it as like Pyrex. I mean, give me a break. It's not that. What it is is the best way to be able to move things between the NVIDIA platform. I don't want to say chip because they're much bigger than that.

But can this continue to go up? As long as people don't recognize that it is part of the data center, the answer is yes.

Jeff Marks (3:11)

Yeah, we are seeing strength in tech today, the data center trade, but also software stocks too, with names like CrowdStrike, Palo Alto, Salesforce, Rebounding.

SPEAKER_5 (3:23)

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_2 (3:55)

Trading at Schwab is powered by Ameritrade, giving you even more specialized support than ever before, like access to the trade desk, our team of passionate traders ready to tackle anything from the most complex trading questions to a simple strategy gut check. Need assistance? No problem. Get 24-7 professional answers and live help and access support by phone, email and in-platform chat. That's how Schwab is here for you to help you trade brilliantly. Learn more at schwab.com/trading.