Cramer on why enterprise software stocks are pulling the market higher

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Cramer on why enterprise software stocks are pulling the market higher
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The Investing Club holds its Morning Meeting every weekday at 10:20 a.m. ET.

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. U.S. stocks edged up in midmorning trading Tuesday, as the market continues to consolidate last week's gains. The S & P 500 gained 0.36%, while the Nasdaq Composite climbed nearly 1% on the back of technology stocks.

That "clearly demonstrates improved efficiencies and further de-risks capital allocation by meaningfully improving the ROIC profile and allowing for greater share repurchase," Barclays analysts wrote. And as a result, Constellation stock "could go much higher," Jim said Tuesday. Shares were trading up 0.45%, at roughly $242.60 apiece. 3.

 

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