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3 hot stocks rally after sharp back-to-back losses. Plus, 1 stock to consider buying

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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. U.S. stocks rose Tuesday following back-to-back losses for the S & P 500 and Nasdaq . Markets digested a slightly warmer-than-expected February consumer price index .

Oracle partner and Club name Nvidia also gained ground after sharp back-to-back losses. Gains extended to non-AI Club names Eli Lilly and Costco , which were also down Monday and Friday. Jim pointed out that these three stocks are now moving in unison, which poses a risk to the portfolio's diversification efforts. "I'm not crazy about that," Jim said while adding that he's looking for another high-quality stock to add.

 

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