Each weekday, the CNBC Investing Club with Jim Cramer hosts a “Morning Meeting” live stream at 10:20 a.m. 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 even more STZ 1. Buy El before the end of the day China will reduce quarantine requirements for foreign travelers next month, according to Bloomberg. This suggests that China could reopen its economy faster than expected, which bodes well for holding club Estee Lauder (EL). We think new Club members in particular should buy Estee Lauder stock by the end of the day. While EL shares had fallen to around $241 each mid-morning Thursday, Jim Cramer thinks they could slide further by the close. 2. We love the NFL-Youtube deal The National Football League said Thursday that its Sunday Ticket subscription package will go to Google-parent Alphabet’s (GOOGL) YouTube TV. It’s unclear how this new deal with the NFL will fit into Alphabet’s vast assortment of products and services. However, we think there are plenty of ways to capitalize on NFL game streaming. “There are a lot of ways to skin the cat here,” Jim said. “I like it.” 3. Buy Even More STZ As Constellation Brands (STZ) shares fell from the high $250 in early December to $230 on Thursday, we still like the stock and have been buying more. RBC Capital blames what it calls transitional issues, including bad weather in California, an excessive focus on volumes and the growth of other brands. We agree with the assessment, and are also reassured by the company’s strong cash flow. (Jim Cramer’s Charitable Trust is long EL, GOOGL, STZ. See here for a full stock list.) As a CNBC Investing Club subscriber 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 a stock in his charitable trust’s portfolio. If Jim 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, AS WELL AS OUR DISCLAIMER. NO OBLIGATION OR FIDUCIARY DUTY EXISTS, OR IS CREATED BY YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTMENT CLUB. NO SPECIFIC RESULTS OR PROFITS ARE GUARANTEED.
Jim Cramer’s Investment Club Thursday meeting: Estee Lauder, NFL deal