Cramer's Morning Take: CrowdStrike & Danaher 1/29/25

SPEAKER_1 (0:00)

At Capella University, learning the right skills could make a difference. That's why our business programs teach you relevant skills you can take from the course room to the workplace. A different future is closer than you think. With Capella University, learn more at capella.edu.

SPEAKER_2 (0:16)

Learn how to use AI to be more successful with CNBC Make It's new online course.

SPEAKER_3 (0:22)

We'll give you examples that can help you master AI tools.

SPEAKER_2 (0:25)

Go to cnbcmakeit.com/ai and register now.

Jim Cramer (0:33)

Hey, it's Cramer and this is my morning take on the market from today's CNBC Investing Club morning meeting. Mixed market today. Obviously, once again, people are trying to figure out the deep seek fallout which is important to us because we have some problematic position we'll go over. But I first want to just say that the biggest winner yesterday was Cyber and I spoke with George Kurtz which was CrowdStrike and he won the award for this single best stopping of any sort of ransomware. And I know that it's all in our minds. I think that the Chinese as people know may be using this deep seek as a way to be able to get into our phones. And that led to a surge in Cybersecurity. And we were right to have two Cybersecurity companies, the leaders right now in this market.

Jeff Marks (1:17)

Yeah, no, it was a fantastic day for CrowdStrike. And actually, as you can see, down 14 per day, traded above 400 level.

Jim Cramer (1:24)

We had to trim some.

Jeff Marks (1:25)

A long elusive level that dates all the way back to the outage last year. We did trim some because you mentioned the company and what they're doing with protection. It is fantastic. But sometimes the stock does get a little bit ahead of the fundamentals. And I just felt like a disciplined move to lock in some gains, you know, 30% gains on stock we bought last fall after such a big run. Software, huge day yesterday. Salesforce as well. You had Benioff on explaining how this commoditization of AI is actually positive for them because the value he explains is in the data.

Jim Cramer (2:02)

But people have to pay attention to our sales. I'm just going to skip for a second to a company that, as I mentioned at the monthly meeting that I was extremely disappointed in, and that is Danaher.

I don't like to bury any of the losers. That's the type of thing that people say is cherry picking. Here, while I said that I was deeply disappointed in the company, it was far worse than that. And I'll tell you why it's far worse, and then we'll get over to some of the good things. Because I'm not calling the company delusional. I am just saying they're ill-advised. Rene Blair, the CEO, starts his conference call saying, some believe we finished the year strong with better than anticipated core revenue. That's the end. OK, that's the end. They have no credibility whatsoever. I want to point that out, that I'm going from disappointed on the meeting to frankly that I have no hope for these guys. And this is the opposite, say, of a Starbucks, where we knew at 77, 78 that we should stick with it. And I don't appreciate their good nature and their lack of urgency and their complacency, which is not Danaher. I don't know who's running that company right now, but it is not Danaher.

Jeff Marks (3:02)

Yeah, you brought up complacency a number of times last week on our monthly call.

Jim Cramer (3:09)

Start your day with my out look on the market every morning. Visit cnbc.com/morningtake to become a CNBC Investing Club member at a special rate today.

SPEAKER_3 (3:22)

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, NBC Universal, or their 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. You should be aware of the risk of loss in following any strategy or investment discussed in the content from Cramer. To view the full CNBC Investing Club disclaimer, please visit cnbc.com/investingclubdisclaimer.

SPEAKER_6 (4:05)

What's at stake when administrations change from the first 100 days and beyond? EY brings insights on the issues that matter. Executive orders, regulation of AI, the fate of billions in tax credit, global trade, and workforce stability. No matter the policy shifts, EY helps business and government leaders remain resilient and seize dynamic growth. EY, navigate the geopolitical and economic landscape with confidence.