Healthcare stocks have caught fire, sending all 3 of our names to record highs

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks are choppy on Friday, with the S & P 500 swinging in and out of positive territory. For the week, the S & P 500 is on track for a drop of almost 2%, continuing what's been a soft June for the broader market. Oil is lower again, putting U.S. benchmark WTI crude on pace to close the week under $70 per barrel. Oil remained firmly lower Friday despite President Donald Trump saying on social media that Iran's drone attacks on ships in the Strait of Hormuz represented "a foolish violation" of its ceasefire agreement with the U.S. Interest rates are down, with the 10-year Treasury yield under 4.4%. As the AI theme took a step back this week, investors fell in love again with healthcare. The sector is up more than 7% this week, putting the group at the top of the S & P leaderboard for June, ahead of the industrials and financials. Club healthcare names Cardinal Health , Johnson & Johnson and Eli Lilly all outperformed the market and are on pace for record closes in Friday's session. Nothing fundamentally changed from one week to the next for these stocks; this was about market positioning and rotating out of high-flying AI stocks. Whether this is some type of month-end or quarter-end dynamic remains to be seen. …