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. Book profits on big winners Emerson catches an upgrade Humana shares stabilize 1. Book profits on big winners Wall Street climbed Thursday, led by an over 350-point, or roughly 1%, gain within the Dow Jones Industrial Average . The S & P 500 and Nasdaq , up nearly 1% each, hit intraday highs going back greater than a yr. The gains for all three stock benchmarks come in the future after the Federal Reserve left rates of interest unchanged at its June policy meeting but signaled two more hikes could occur later this yr. With the market rally continuing, we consider it’s prudent for investors to book profits in any big winners they own. In our Monthly Meeting on Wednesday, Jim Cramer explained why there’s nothing mistaken with not being greedy. 2. Emerson catches an upgrade Emerson Electric (EMR) is a “completely transformed automation pure-play,” HSBC analysts said in a note to clients Thursday. The firm upgraded the Club holding to purchase from hold, while lifting its price goal by $21 per share to $100. HSBC’s call isn’t necessarily rooted in latest information. Nevertheless, investors appear to be reacting positively Thursday, with Emerson shares up greater than 2% in early trading. Prior to Thursday’s session, Emerson and our other industrial holdings, including Caterpillar (CAT), had already began to point out signs of life . 3. Humana shares stabilize Humana (HUM) shares stabilized Thursday after a brutal 11% sell-off Wednesday, which was sparked by rival UnitedHealth (UNH) warning about higher medical costs resulting from a rise in elective procedures from seniors. Humana rose 1.5% on Thursday to around $460 per share. While we took advantage of Wednesday’s weakness to purchase additional shares , we’re hopeful to listen to something from Humana soon — even when it’s just reiterating their full-year guidance, like the corporate did on June 1. In a note to clients Wednesday night, Credit Suisse analysts said Humana is predicted to satisfy with investors in Recent York City next week and an update could come before then. We expect that’s an appropriate decision. (Jim Cramer’s Charitable Trust is long See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you’ll 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 a couple of 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.