Every weekday, the CNBC Investing Club hosts a “Morning Meeting” live stream with Jim Cramer at 10:20 am ET. Here’s a recap of Thursday’s key moments. Buy EL before the end of the day We like the NFL-YouTube deal Buy some more STZ 1. Buy El before the end of the day China will move next month to ease quarantine requirements for overseas travelers, according to Bloomberg. This suggests China could reopen its economy faster than expected, which bodes well for club holding Estee Lauder (EL). We believe that new club members in particular should purchase Estee Lauder stock by the end of the day. While EL’s shares fell to around $241 each morning Thursday morning, Jim Cramer believes they could slide further by the close. 2. We Like the NFL-YouTube Deal The National Football League announced Thursday that its Sunday Ticket subscription package will go to Google parent Alphabet (GOOGL)’s YouTube TV. It’s unclear how this new deal with the NFL will fit into Alphabet’s vast array of products and services. However, we believe there are many ways they can benefit from streaming NFL games. “There are many ways to skin the cat here,” Jim said. “I like this.” 3. Buy More STZ While Constellation Brands (STZ) stock has fallen from the high $250 in early December to $230 on Thursday, we still like the stock and have bought more of it. RBC Capital blames temporary issues, including inclement weather in California, an over-focus on volume and growth at other brands. We agree with the assessment and also feel reassured by the company’s strong cash flow. (Jim Cramer’s Charitable Trust is long EL, GOOGL, STZ. For a full list of stocks click here.) As a subscriber to CNBC Investing Club with Jim Cramer, you’ll receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling any stock in his charitable foundation’s portfolio. When Jim spoke about a stock on CNBC television, he waits 72 hours after the trade alert is issued before executing the trade. THE ABOVE INVESTMENT CLUB INFORMATION IS GOVERNED BY OUR TERMS AND CONDITIONS AND PRIVACY POLICY ALONG WITH OUR DISCLAIMER. NO OBLIGATION OR OBLIGATION SHALL BE OR CREATED BY YOUR RECEIVING OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC RESULT OR PROFIT IS GUARANTEED.
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