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 key moments. The stock market experienced a broad decline Wednesday as Club name Nvidia seesawed on either side of unchanged. Nvidia has been on a tear since last Wednesday's blockbuster quarter — jumping 20% in the three sessions. A rise in Treasury yields was pressuring all three major stock benchmarks Wednesday.
He added, "That was money going out of everything into Nvidia. that's over, look what happens." The Club scooped up more shares of two portfolio names on Wednesday's market weakness. Abbott Laboratories was bought due to the overblown stock reaction to baby formula litigation concerns. Coterra Energy was purchased to bolster our geopolitical uncertainty hedge. "This is, to me, the best-run oil company in the world," Jim said.
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