On Friday, the CNBC Investing Club held its February Monthly Meeting, where Jim Cramer and Director of Portfolio Analysis ran through each stock in the portfolio. Jim put a special focus on the Club stocks within the artificial intelligence trade. He’s dubbed them the “Fourth Industrial Revolution stocks,” borrowing the term from Nvidia CEO Jensen Huang, who has often used it to describe the AI boom. Here is Jim’s rapid-fire update on the portfolio, beginning with the AI basket before broadening to our remaining positions across financials, retail and more. Fourth industrial revolution stocks Jim started the meeting by running through the clear-cut winners of the AI buildout. Nvidia : The chipmaker remains the gold standard in AI computing. Its quarterly results and guidance on Wednesday night were stunning and reinforced the notion that a Fourth Industrial Revolution is, in fact, upon us. We’re not perturbed by the stock’s back-to-back weak sessions following the earnings report . Corning : Jim learned about the new-and-improved Corning on his trip to its Kentucky factory, when the iPhone glass supplier’s CEO talked up its data center ambitions and contended fiber optics will replace copper as a better way to connect data center racks. We went all in, and the story is better than even we thought. Qnity Electronics : We waited patiently for DuPont to spin off this materials supplier for the semiconductor and electronics industries. It’s paid off with a huge hit, much more than we even thought we could get. We are staying for the duration. The story is just too good. Eaton : As the premier supplier of electrical equipment that helps connect data centers to the grid, Eaton is in an excellent spot, and even more so now that it’s planning to spin off its eMobility unit and plans to buy Boyd Thermal. The acquisition will give Eaton an attractive foothold in liquid cooling, a technology that helps keep AI chips from Nvidia and others from overheating. GE Vernova : Data centers obviously need electricity, and GE Vernova’s gas turbines are in high demand but short in supply. That’s a great recipe for profit growth. It also has a nuclear reactor business. We will need all the power we can get. This company will provide it. A little more nuance is needed in discussing this next group of AI stocks. They’re all great companies, but they are not created equal when it comes to the Fourth Industrial Revolution. Alphabet : The Google parent is the best of this group, with YouTube, a fast-growing cloud computing division, its robotaxi unit (Waymo), and, of course, the Gemini chatbot. Oh, and there’s cash cow Google Search, too. While Alphabet’s capex budget is huge, it cannot afford to sit out this technology transformation. We want to own more, but are waiting for a pullback to the $300 level. Amazon : In the second chair is the cloud and e-commerce giant. Its AWS cloud business is excellent and accelerating, and we still love Prime. The ad business is very…
Read More: Jim Cramer’s update on our AI stocks and the rest of the portfolio
