Jim Cramer says this company's spin-off could unlock significant upside

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 Monday's key moments. 1. Stocks opened lower Monday as oil prices climbed. "It's Iran that's controlling the opening," Jim said. Reports indicated that Iranian negotiators halted communications with the U.S., while U.S. Central Command said American forces intercepted two Iranian ballistic missiles targeting U.S. personnel in Kuwait. The rise in crude weighed on consumer and discretionary stocks, though strength in several technology names helped cushion the broader market. 2. Club holding Nvidia rose 4% Monday after CEO Jensen Huang unveiled a series of new AI initiatives at the Computex conference in Taiwan. The gains helped reverse Friday's slight decline, which Jim attributed to short-term trading dynamics rather than any deterioration in the company's fundamentals. Jim said Nvidia's push into PC processors reinforces the company's long-term growth story. "This is a paradigm shift," he said. Jim also argued that Nvidia's latest announcements show AI infrastructure spending is generating real returns. "Compute equals money," he said. Monday's rally, alongside gains in Club name Arm Holdings , strengthened his conviction that investors are beginning to refocus on Nvidia's next phase of growth. 3. Monday marked the first trading day for FedEx Freight following its spin from Club holding FedEx . Jim said the separation should unlock value for both companies over time. He argued FedEx Freight had been a "starved company" that lacked the resources it needed as management focused on the broader FedEx business. Meanwhile, Jim said FedEx can benefit from shedding what he described as a drag on the parent company. "FedEx itself will rally, because it doesn't have the hangover of this one particular company," Jim said. While he expects some volatility following the spinoff, Jim remains optimistic about the prospects for both businesses. FedEx Freight CEO John Smith will be on " Mad Money " Monday night. 4. Stocks covered in Monday's rapid fire at the end of the video were: Berkshire Hathaway , Yum! Brands , MGM , and Strategy . (Jim Cramer's Charitable Trust is long Arm, FedEx, and Nvidia. 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.