Jim Cramer Recommends Buying Linde Stock on the Dip
In a recent Morning Meeting with the CNBC Investing Club, Jim Cramer highlighted several key market developments and investment opportunities. He noted that stocks were modestly higher despite an up-and-down session influenced by rising bond yields and oil prices due to tensions in the Strait of Hormuz. Apple shares fell over 9% following soaring memory costs impacting margins, while Amazon surged more than 14% after a strong quarter with clear AI monetization plans. Linde stock dropped nearly 6%, despite beating earnings slightly and securing a major contract with Taiwan Semiconductor, due to concerns about its home health care business. Cramer recommended new investors consider buying Linde shares on the dip, calling it one of the greatest stories in industrial gas.
Tickers: $AAPL $AMZN $LIN $TSM