Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Monday's key moments. The Dow Jones Industrial Average and S & P 500 reached record highs Monday as investors awaited more quarterly earnings and considered the impact of an attempted assassination of former President Donald Trump. Morgan Stanley posts financial results Tuesday, while fellow portfolio name Abbott Laboratories reports Thursday.
In his Sunday column , Jim said Best Buy and Costco Wholesale are buys. Sales for the electronics retailers will surge as customers upgrade their PCs for newer models with artificial intelligence integration. Costco shares also dipped 5% last week, a pullback that had nothing to do with company's fundamentals. In fact, the big box retailer last week announced its long-awaited membership fee increase — that will go into effect on Sept. 1 in the U.S.