CNBC Investing Club: Cramer’s Morning Take on Micron 9/30/26
Summary
The episode covers market analysis, noting that a stock needs to break its recent high to validate its buyback program. The discussion shifts to Micron, where strong earnings are expected, and highlights the importance of long-term contracts for demand durability through 2031. Finally, the hosts analyze Boeing, explaining that despite a $20 billion contract win, the stock remains stagnant due to pending union votes and FAA scrutiny of software fixes.
Topics discussed
Sponsor: Venture Global energy facilities
Sponsor: Schwab Market Update podcast
Intro: Market preview and buying oversold stocks
S&P 500 vs average stock performance
Nvidia price targets and buyback analysis
Micron earnings and long-term demand cycle
Boeing contract, union vote, and FAA concerns
Holding off on Boeing until FAA clarity
Disclaimer and Schwab Market Update sponsor
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