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Want to buy Wells Fargo or maybe TJX? Here are the levels to watch

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⚡ Quantum Brief
The S&P 500 dropped nearly 1% on March 26 amid Iran ceasefire uncertainty, reversing prior gains, while U.S. oil surged 4%. Analysts warn against major stock moves as oil volatility dominates market trends. Wells Fargo earned a "buy" rating from Jefferies after its $1.95 trillion asset cap was lifted, enabling faster balance sheet growth. Jim Cramer recommends buying below $80, citing CEO Charlie Scharf’s successful restructuring efforts. TJX was highlighted by Bernstein as a resilient pick during economic uncertainty, given its discount retail model. Analysts suggest buying dips, despite its premium valuation, due to long-term stability. Jefferies, Nucor, Tyson Foods, and Qualcomm were discussed in a rapid-fire segment. Cramer’s Charitable Trust holds positions in Wells Fargo and TJX, with trade alerts issued before execution. Cramer’s March Monthly Meeting is scheduled for March 27 at 12 p.m. ET, following his caution on oil-driven market swings. Investors are advised to monitor geopolitical risks.
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Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenuEvery 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. The S & P 500 fell nearly 1% on Thursday on uncertainty over ceasefire talks with Iran, erasing gains from the session prior. During Thursday's Cabinet meeting, President Donald Trump said the moves in oil and the stock market due to the conflict are not as severe as he thought they would be. Not surprisingly, U.S. oil prices were up 4%, following the inverse pattern of oil-up-stocks-down (and vice versa) that we have largely seen since the war began nearly four weeks ago. Jim cautioned investors against making big stock moves while oil is still in control of the market. "That won't work," Jim said. On Friday, Jim holds the Club's March Monthly Meeting at 12 p.m. ET. 2. Jefferies started Wells Fargo as a buy, naming the stock its top pick among four money-center or super-regional banks.

With Wells Fargo's $1.95 trillion asset cap finally gone , analysts said the bank can grow its balance sheet and interest-based income much faster. Jim said investors can buy more shares if Wells falls below $80 per share, less than 1% below its Wednesday close. He chalked up much of Wells Fargo's success to CEO Charlie Scharf's leadership. "Scharf has cleaned up all the problems," Jim said. "Scharf's always been a really terrific CEO." 3. TJX stock got some love from Bernstein. Analysts said it is a favored name during periods of economic uncertainty as the off-price retailer behind T.J. Maxx, Marshalls, and HomeGoods offers top quality at affordable prices. New investors may balk at TJX's premium stock valuation, but Bernstein said it's worth it. If the stock sharply declines, it could be a chance to buy. "It goes through these swoons every once in a while," said Jeff Marks, director of portfolio analysis for the Club. "It might be a good opportunity there to pick it up." 4. Stocks covered in Thursday's rapid fire at the end of the video were: Jefferies , Nucor , Tyson Foods , and Qualcomm . (Jim Cramer's Charitable Trust is long WFC, TJX. 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.watch nowwatch nowVIDEO11:05Thursday, March 26, 2026: Cramer says this undervalued stock is a leading indicator for oil futures2 hours agoWe like the message of Meta's new executive stock plan — plus, a war beneficiary stockMatthew J. Belvederewatch nowwatch nowVIDEO10:26Wednesday, March 25, 2026: The Club says it's looking to buy this health care stock following a pullbackRead More

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