Hey, I'm Kramer. Welcome to Mad Money. Welcome to Crime America. Other people make friends. I'm just trying to make you some money. My job not just to entertain you, but to educate you. So call me at 1800 743 CBC or tweet me, Jim Kramer. So many of the top people in this business give up so easily on the best investments that it's a marvel anyone makes money in stocks. They're way too eager to capitulate. That's how I feel about two of my absolute favorite stocks, Nvidia and Apple. Both of which exploded hi ...

Core Viewpoint - The discussion emphasizes the importance of holding onto individual stocks like Nvidia and Apple rather than trading them, as significant profits often come from long-term ownership rather than short-term trading strategies [1][2][3]. Group 1: Apple - Apple is launching the iPhone 17, which features innovative models that are lighter and more advanced, countering negative narratives about the product's appeal and sales potential [2][3]. - Despite initial skepticism regarding sales in China and the impact of tariffs, early indicators show strong demand, with T-Mobile reporting record iPhone sales and double-digit growth compared to previous years [2][3]. - The negative media narrative surrounding Apple has been proven incorrect, as the stock saw a significant increase of over 4% following positive sales news [2][3]. Group 2: Nvidia - Nvidia announced a partnership with OpenAI to build data centers with a capacity of 10 gigawatts, which is enough to power 8 million homes, highlighting the company's strong position in the AI and data center market [3]. - The investment of $100 billion in OpenAI, with $10 billion allocated per gigawatt, is expected to enhance Nvidia's value and profitability as AI demand surges [3]. - Concerns about Nvidia's performance due to geopolitical tensions with China are deemed less relevant, as the focus should be on the company's long-term growth potential [3].

Market Overview - The stock market reached record highs this week, driven by the Federal Reserve's decision to cut interest rates for the first time since December, reducing the overnight lending rate by a quarter-point [1] - The S&P 500 and Nasdaq achieved all-time closing highs, with gains of approximately 1.2% and 2.2% respectively [1] - The Fed's current benchmark funds rate is now between 4% and 4.25%, with indications of potential further cuts in 2025 [1] Company Highlights - **Broadcom**: The company saw a strong run, prompting the Club to realize profits by right-sizing its position, achieving an 88% gain on shares purchased in September 2023. The sale does not indicate a change in the investment thesis, as the company is expected to benefit from accelerating AI revenue [1] - **Boeing**: The Club increased its position in Boeing, which is down about 10% from recent highs, citing unchanged fundamentals and a significant increase in orders due to trade agreements [1] - **CrowdStrike**: Shares surged over 12% after the CEO provided a multi-year financial outlook, targeting $20 billion in annual recurring revenue by fiscal year 2036, representing a 15% compound annual growth rate from the $10 billion target for fiscal year 2031 [1] - **Nvidia**: Announced a partnership with Intel, involving a $5 billion investment in Intel stock and collaboration on AI systems for data centers. Nvidia and Intel stocks rose approximately 3.5% and 23% respectively following the announcement [1] - **Apple**: Launched new iPhone models, leading to a stock increase of over 3.2%. JPMorgan raised its price target for Apple shares from $255 to $280, citing strong early demand for the new devices [1]