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 Tuesday’s key moments. 1. The S & P 500 was basically flat Tuesday, though the broad equity index was still hovering near record highs. Stocks rallied last week after President Donald Trump did not immediately implement reciprocal tariffs on U.S. trading partners. On Tuesday, stocks were confronting rising interest rates, with the 10-year Treasury yield edging higher to trade back above 4.5%. Meanwhile, we’ve exited our position in beermaker Constellation Brands , taking advantage of a 7% premarket bump after Warren Buffett’s Berkshire Hathaway disclosed that it owned a stake at the end of 2024. The stock has been a major underperformer, down 23% year-to-date as the company faces slowing beer demand, a struggling wine-and-spirits business and tariff uncertainty. “I thought they would take advantage of having the best beer name, but they dropped the ball,” Jim Cramer acknowledged. Make sure to mark your calendars for the Investing Club’s Monthly Meeting at noon ET on Thursday. 2. Jim highlighted two Club stocks as buys Tuesday including custom AI chipmaker Broadcom . With shares falling more than 2% Tuesday, Jim said “you have to buy Broadcom here.” The stock, which has surged 82% over the past year, is in the spotlight following a recent report in The Wall Street Journal that said Broadcom has held informal talks about buying Intel’s chip-design business. The second stock Jim recommended buying is Bristol Myers Squibb . He said he “just wants to keep buying” because of its new Cobenfy franchise that treats schizophrenia in adults. While Bristol Myers may be viewed as out of favor after its earnings report earlier this month, he said the stock has “a nice [dividend] yield, good management, buy it.” 3. Nvidia has nearly fully recovered its losses from the DeepSeek-driven sell-off that began in late January, trading more than 1% higher Tuesday. In light of DeepSeek’s more-efficient AI model, Jim was initially concerned Nvidia’s deep-pocketed customers that operate data centers — the so-called hyperscalers such as Microsoft and Alphabet — may announce plans to scale back spending on AI, leading to less demand for its high-end AI chips. But once Amazon echoed its hyperscaler peers and reaffirmed its AI investment plans alongside fourth-quarter earnings, Jim said “the bear case was over.” Jim added that he plans to discuss Nvidia at greater length during Thursday’s Monthly Meeting. 4. Stocks covered in Tuesday’s rapid fire at the end of the video were: Intel , Charles Schwab , Merck , Medtronic , and Snowflake . (Jim Cramer’s Charitable Trust is long AVGO, BMY, NVDA, AMZN, MSFT. 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.
