Jim Cramer says this stock is still 'inexpensive' after analysts name it a top pick
CNBC••entertainment
Key Points:
- The Dow Jones Industrial Average reached a new record high on Tuesday, approaching its first-ever close above 49,000, with Amazon leading gains by nearly 3%, while energy stocks tied to Venezuela's political situation, such as Chevron, declined sharply.
- Nvidia's shares rose modestly after CEO Jensen Huang announced the full production of next-generation semiconductors and introduced the Rubin platform, which may reduce data center cooling needs, causing a sell-off in HVAC-related stocks like Johnson Controls and Carrier Global.
- Bernstein named Boeing a top stock pick for 2026, raising its price target to $277, citing improvements in its 737 and 787 aircraft issues, a stronger defense business, and expected increases in free cash flow, with Jim C
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