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 Wednesday's key moments. U.S. stocks were slightly down Wednesday, driven by the Nasdaq's decline of 1% ahead of the highly anticipated earnings print from Nvidia after the close.
Wells Fargo initiated coverage on Danaher with a hold Wednesday, citing more downside in the company's outlook. Jim disagreed with the call and referred to Danaher as "a great American company." Jim said Danaher is ready for an earnings breakout that's been delayed for years by the pandemic and the slower-than-expected recovery in China. Danaher bought back almost $4.
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