Cramer’s Morning Take: P&G 12/3/25

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Jim Cramer (1:02)

I'm Jim Cramer and you're about to hear a sample taken directly from today's CNBC Investing Club morning meeting. It looks like the market was going to be up and then the information, which is an organization that's a news organization, had a piece that was negative about Microsoft, particularly about Copilot, and then all of tech came down, which then brought down the rest of the market. But now we're having a bounce back, and I think we're having a bounce back because interest rates are lower, in some cases dramatically, because of some data we got. The market is taking a screw from interest rates, not necessarily from tech.

SPEAKER_6 (1:39)

Yeah, ADP was weak, it was a decline, a surprise decline, looking for a gain of 40,000 jobs and it was minus 32 They also say job creation has been flat in the second half of the year. But on the other hand, ISM services, that came out at 10 a.m. That actually was a little bit better than expected and prices paid moved lower.

Jim Cramer (2:00)

So, we're just in Urbana, you know, we got to recognize that.

SPEAKER_6 (2:03)

But it does seem at the Fed meeting next week, we are lined up for a 25 basis point cut. Things can always change. But yeah, you are seeing some nice moves in retail today. We were just mentioning Home Depot, Nike, Proctors hire after saying some downbeat things yesterday.

Jim Cramer (2:19)

Well, I mean, look, I don't want to be... Look, I used to trade for a living. And when you have a stock-linked Proctor game on the coast of 3% yield, you don't have any choice. You have to hope she knows to buy, recognizing that Proctor sees itself. Proctor's been a company I've followed for quite a long time, including there was a CEO who I called for his firing and put him on like a wall shame. And one of the things that's really clear to me is they don't tolerate missing numbers. People don't understand. That's a real company. So you buy Proctor when they miss numbers, knowing that the people who were involved in missing numbers will not be involved with the company.

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