Jim Cramer says to buy these two stocks — including one with nearly 20% upside

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Skip Navigation Markets Pre-Markets U.S. Markets Currencies Prediction Markets Cryptocurrency Futures & Commodities Bonds Funds & ETFs Business Economy Finance Health & Science Media Real Estate Energy Climate Transportation Investigations Industrials Retail Wealth Sports Life Small Business Investing Personal Finance Fintech Financial Advisors Options Action ETF Street Buffett Archive Earnings Trader Talk Tech Cybersecurity AI Enterprise Internet Media Mobile Social Media CNBC Disruptor 50 Tech Guide Politics White House Policy Defense Congress Expanding Opportunity Video Latest Video Full Episodes Livestream Live Audio Live TV Schedule CNBC Podcasts CEO Interviews CNBC Documentaries Digital Originals Watchlist Investing Club Trust Portfolio Analysis Trade Alerts Meeting Videos Homestretch Jim's Columns Education Subscribe PRO Pro News Josh Brown Mike Santoli Calls of the Day My Portfolio Livestream Full Episodes Stock Screener Market Forecast Options Investing Chart Investing Subscribe Livestream Menu Make It select USA INTL Livestream Search quotes, news & videos Livestream Watchlist SIGN IN Create free account Markets Business Investing Tech Politics Video Watchlist Investing Club PRO Livestream Menu Jim Cramer says to buy these two stocks — including one with nearly 20% upside Published Thu, May 28 2026 11:54 AM EDT Alexa LoMonaco @in/alexa-lomonaco/ 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 Thursday's key moments. 1. Stocks edged higher Thursday after reports that the U.S. and Iran agreed to extend their ceasefire for 60 days and begin negotiations over Iran's nuclear program. That's become the big macro story of the day, Jim Cramer said. Earlier in the morning, the personal consumption expenditures price index — the Federal Reserve's preferred inflation gauge — rose a seasonally adjusted 0.4% in April, slightly below economists' expectations for a 0.5% increase. On an annual basis, headline inflation held at 3.8%, in line with estimates. The report helped calm some fears about persistent inflation and offered modest relief for markets. 2. Shares of data analytics company Snowflake surged 35% after a strong quarterly report Wednesday night. "That was one of the most pronounced pivots I've seen in ages," Jim said, praising CEO Sridhar Ramaswamy for shifting Snowflake from a "plain vanilla software" company into a more AI-focused business. But Jim said the biggest takeaway from the quarter is what it signals for Club holding Amazon . Snowflake disclosed a roughly $6 billion commitment to Amazon Web Services, expanding its use of Amazon's custom Graviton chips and AI computing infrastructure. "One of the things that makes [Snowflake] fly is because they bought Amazon chips," Jim said. The deal reinforced Jim's confidence in Amazon's growing custom chip business after previously questioning whether the chips would hold their value over time. He added that investors should use Thursday's slight pullback in Amazon shares as a buying opportunity. 3. Club holding Starbucks is showing signs of improvement in a key area of its turnaround: afternoon traffic. Jim pointed to new CNBC reporting that said visits to U.S. coffee shops after 2 p.m. are growing , especially during the 3 p.m. to 5 p.m. window. Management identified strengthening afternoon sales as critical to better leverage staffing levels and improve profitability. "It's time, if you don't own Starbucks, to buy some Starbucks," Jim said, adding he sees the stock reaching $120, implying roughly 17% upside from current levels. 4. Stocks covered in Thursday's rapid fire at the end of the video were: CVS , Eli Lilly , and Marvell . (Jim Cramer's Charitable Trust is long Amazon and Starbucks. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will 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 has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED. More In Morning Meeting watch now watch now VIDEO 10:08 Thursday, May 28, 2026: Cramer says it's worth it to stay long this software giant Jim Cramer says this data center stock could soar if more analysts cover it Natasha Abellard watch now watch now VIDEO 10:36 Tuesday, May 26, 2026: The Club is taking profits in this semiconductor stock following a parabolic move Read More