Stocks are tumbling. But these 2 portfolio holdings should be defying the slide

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 Thursday's key moments. U.S. stocks tumbled Thursday as Wall Street digested softer-than-expected gross domestic product data and an additional evidence that inflation remains sticky.

Shares are down 2% after the industrial conglomerate posted a beat on quarterly earnings and revenue before the bell Thursday. Our full breakdown of Honeywell's report will be out later Thursday. Goldman Sachs upgraded TJX Companies to a buy rating from hold Thursday and raised its price target on the stock to $110 apiece from $100. Analysts argued that TJX is positioned to capture market share as consumers increasingly look for more value and variety in their products.

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