CNBC Investing Club: Cramer’s Morning Take on CrowdStrike 2/3/26

SPEAKER_1 (0:00)

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Jim Cramer (1:01)

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. We've got a market that is very bifurcated. We have, because of PepsiCo, we've got the soft goods. We have Procter. The stock is just a horse. You know, the quarter wasn't that good. The industrials are doing very well. Witness, say, a Dover or a DuPont. The utilities are doing very well. And what money's coming out is from tech. And that's what's happening. It's a rotation right now.

SPEAKER_4 (1:43)

Yeah, big rotation.

SPEAKER_1 (1:44)

Once again, it is software feeling the brunt of it.

SPEAKER_4 (1:48)

It's at service now.

Jim Cramer (1:50)

It's Salesforce, which we have a small position.

SPEAKER_4 (1:53)

It's the cyber names, too, which to a degree, I would disagree with those declines.

Jim Cramer (1:59)

I think CrowdStrike has been... CrowdStrike's not a software company. It's a, I mean, it must be in some baskets that are software. Yes. That's what's driving things.

SPEAKER_4 (2:07)

Microsoft, too.

SPEAKER_5 (2:08)

Now we did trim some Texas Roadhouse yesterday.

Jim Cramer (2:10)

We could use that cash to buy some CrowdStrike here. So I think that CrowdStrike, what people have to recognize about CrowdStrike, it's not leveraged to software, it's leveraged to cybercrime. And cybercrime is a completely different animal. We're letting it come in. It's going to be a great buy. You know, I felt that, when you take a look, I thought Corny was great buy, I thought Boeing was great buy, I thought Capital One was great buy, I thought Proctor was great buy, and I'm telling you that I think CrowdStrike, down 25 today, will be a great buy.

SPEAKER_4 (2:37)

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 (3:09)

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