Every weekday, the CNBC Investing Club with Jim Cramer hosts a “Morning Meeting” livestream at 10:20 a.m. ET. Here's a recap of Monday's key moments. 1. US stocks rose modestly on Monday as the market awaits key economic data. Traders will reflect on the consumer price index on Tuesday, retail sales on Thursday and the producer price index on Friday. These are some of the indicators the Federal Reserve takes into account when deciding when to start and how much to cut interest rates this year. Jim Cramer said Monday that stocks are in “bust and bust mode” following all-time highs for the S&P 500 and the Dow. The market is up 14 of the last 15 weeks, making it difficult for investors to justify buying at these levels. 2. Wall Street sees even more upside for Nvidia. Melius Research raised the company's two-year price target to $920 per share from $750, up nearly 28% from Friday's close. Analysts compared Nvidia's growing demand and success to the early days of Apple's iPhone. “An investor once asked us in 2007, 'Won't everyone need an iPhone?' Another recently asked us: “Won't all servers need to be sped up? “The answer to each is 'yes,' underpinning strong growth through 2030,” the analysts wrote. Jim agreed. Nvidia shares rose more than 3% to another all-time high on Monday. 3. UBS raised its price target on GE Healthcare to $88 per share from $66 and upgraded its rating to neutral from sell. Analysts cited the company's recent upbeat quarterly report. This is a big change in tone for analysts at UBS, who downgraded the medical equipment maker to sell in November due to management's alleged inability to meet margin targets. We never understood this call and always thought that integrating AI into their products, which include MRI, CT and ultrasound machines, would be very beneficial. (Jim Cramer's Charitable Trust is long NVDA, GEHC, AAPL. See here for a full list of stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable fund's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTMENT CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY, TOGETHER WITH OUR DISCLAIMER. NO FIDUCIARY OBLIGATION OR DUTY EXISTS OR IS CREATED BY VIRTUE OF THE RECEIPT OF ANY INFORMATION PROVIDED IN RELATION TO THE INVESTMENT CLUB. NO SPECIFIC RESULTS OR BENEFITS ARE GUARANTEED.
