Cramer's Morning Take: Qnity 11/6/25

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Jim Cramer (0:33)

Jim Cramer here to share with you a sample of my take on the market from today's CNBC Investing Club morning meeting.

SPEAKER_1 (0:41)

Why don't we get into some earnings for today?

Jim Cramer (0:42)

Yes, DuPont would be interesting to talk about.

SPEAKER_1 (0:44)

And let's keep in mind, DuPont has been one of the biggest gainers in the market since the separation of CUNY. It's been wild all morning.

Jim Cramer (0:53)

It's been what we said. I think we can do it in five days.

SPEAKER_1 (0:56)

So the headlines here are very misleading because I don't think the analysts properly adjusted for the CUNY spin, properly adjusted for that upcoming divestiture of that Ahriman's business Kevlar. But the quarter, it was a beat across the board versus guidance, net sales, EBITDA, EPS, you're the Industrials Co. up 5% organic electronics, which is CUNY. We're going to hear from you later tonight up 10%.

Jim Cramer (1:23)

I think it's going to be very good.

SPEAKER_1 (1:25)

For your guidance, they lower sales by 25 million. That's just due to less favorable currency, but they raise EBITDA due to stronger business results. The buyback here is very special. They announced a $2 billion program and they expect to purchase 500 million through an ASR. This is a $16 billion company.

Jim Cramer (1:43)

That starts tomorrow through Goldman Sachs. So for those who think this market is going to roll over, but you want to get into DuPont, wait till the end of the day. I mean, they'll be in there buying pretty aggressively.

SPEAKER_1 (1:53)

Look, yesterday we said about DuPont because it was up so much. You still had the uncertainty around earnings.

Jim Cramer (1:59)

And that's not wrong.

SPEAKER_1 (2:00)

You said that's just discipline after that.

Jim Cramer (2:02)

I wouldn't take one. I mean, we have a lot of DuPont.

SPEAKER_1 (2:05)

Yeah. And so, but this was a good quarter. We're seeing it rerate higher. That was the thesis and it's playing out.

Jim Cramer (2:15)

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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.

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