CNBC Investing Club: Cramer’s Morning Take on Healthcare Stocks & Jobs Report 5/8/26

Squawk on the Street

CNBC

Investing, News, Business

4.0 • 566 Ratings

🗓️ 8 May 2026

⏱️ 3 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Cramer says he’ll keep buying this healthcare stock and U.S. payrolls jumped more than expected, but the report had several red flags for the economy. Become an Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks every day as they talk candidly about the market’s biggest headlines, analyst calls and holdings in the Charitable Trust – and see up close how they decide when, and if, to take action on stocks. Sign up here: cnbc.com/morningtake CNBC Investing Club Disclaimer

Transcript

Click on a timestamp to play from that location

0:00.0	Jim Kramer here to share a short preview of my take on the market from today's
0:06.5	members-only CNBC Investing Club Morning Meeting.
0:09.5	Join the club for full access to the morning meeting every day at 1020 a.m.
0:14.7	Visit CNBC.com slash morning take to sign up today.
0:19.4	That's one word, morning take. Look up today. That's one word morning take.
0:23.7	Look at a capital one and I'm saying, come on, fair bank, do something. Yeah.
0:28.6	Yeah, you look at something like the Cardinal Health is up for today, but the health care is so bad.
0:34.3	Right. Yesterday I had Tom Polling from Beck and Dickinson, just lamenting the ratio in how health
0:41.5	care is the cheapest it's ever been.
0:43.5	So you say, okay, listen, I'll keep buying the Cardinal Health.
0:45.4	I'll buy some more J&J.
0:46.5	Yeah, gradually.
0:47.5	I look, I think earnings keep growing at a good club, valuations, getting more attractive.
0:53.9	You think you will do
0:54.7	well over time with that being a key line why don't we step back for a minute
0:59.7	April jobs report better than expected 115,000 jobs added for 65,000 expected
1:06.5	some slight negative revisions not nothing too scary though average, though. Average hourly earnings up 3.6, which is up from last month, but a little bit below estimates,
1:16.3	unemployment rate on change.
1:18.7	Lessens the case for a rate cut.
1:20.4	The Fed has to focus more on inflation now with the job's okay.
1:24.8	I'm still a believer that the whirlpool economy is what
1:28.5	Warsh will focus on. He will not focus on the agentic economy. World pool
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.