CRM -- Jim Cramer -- CNBC -- First Hour -- May 30, 2024

Locator: 47991INV.

CNBC -- First Hour: Jim Cramer

GDP: lowest reading in two years (not quite). This is the only chart JPow needs to study today. Even a caveman can see a trend here:

By the way, take another look at that chart above: this is why the definition of a recession is not particularly helpful to the average investor. See if you can spot what I'm seeing.

AI PCs: biggest re-fresh cycle in a decade? Bottom line: college kids need ChatGPT and they need it free, and they need it "easy." AI PCs need:

• same CPUs are fine;
• new GPUs -- does Apple already have the lead in laptops? The M4 is a combo CPU-GPU
• much more memory (maybe, maybe not) -- Apple needs to raise the bar; Apple is lagging; and,
• much, much better user interface -- Apple usually excels in this area.

Dow: down 300 points in pre-market, due almost entirely to one Dow component, SalesForce, Inc.

I remember some years ago, I was "advised" by a millennial / GenXer to invest in SalesForce. At the time, I had done a "deep dive" into Devon. 

Not in any time period (3-month, 6-month, one-year, five-year) does CRM impress me compared to COP.

And then this, dividend:

• COP: around 3.5%
• CRM: around 0.6%

Disclaimer Briefly 

Reminder: I am inappropriately exuberant about the US economy and the US market, I am also inappropriately exuberant about all things Apple.

See disclaimer. This is not an investment site.

Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. 

All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them.  

Reminder: I am inappropriately exuberant about the US economy and the US market, I am also inappropriately exuberant about all things Apple.