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. 1. The stock market is higher Wednesday following news that President Donald Trump announced a new trade deal with Japan. In a post on Truth Social late Tuesday, Trump said Japanese imports into the U.S. would be subject to a 15% tariff, including for automobiles, which had been subject to a 25% rate. Japan will also invest $550 billion into the U.S., Trump said, and buy 100 Boeing planes. “It’s a win for Japan, a win for us,” said Jim Cramer. On the other hand, “we have this meme problem again,” Jim said, referencing meme traders who are orchestrating short squeezes on stocks like Kohl’s, GoPro, and Krispy Kreme. “I like to see a legitimate way to make money,” Jim said. 2. Club name GE Vernova rallied over 15% Wednesday after an earnings beat. Jim said it was “maybe the best story in the entire market.” The company, whose gas turbines are essential in generating electricity, saw a very strong quarter with healthy revenue and beats on revenue and adjusted earnings per share. In the AI race, “everyone is power short,” Jim said. With the stock’s rally intensifying in the wake of the Morning Meeting, our view is now that investors shouldn’t chase this move and wait for a better price. 3. On tap for earnings Thursday are Club names Dover and Honeywell . Both of the stocks were recently named by analysts as catalyst buy ideas into earnings in the past month. Over at Citi, analysts last week called Dover’s accelerating growth underappreciated. “I don’t have as much conviction on Dover, ” Jim said, citing last quarter’s mixed quarter. Separately, Deutsche Bank analysts said they foresee a high probability of Honeywell delivering a second-quarter beat and material raise to the full-year guidance. We like that Honeywell has set more realistic guidance so far this year. Jim said it still “matters” that Honeywell is in breakup mode, with its advanced materials and aerospace businesses on their way to being separated. 4. Stocks covered in Wednesday’s rapid fire at the end of the video were: Texas Instruments , AT & T , Otis , Hasbro , and Lamb Weston . (Jim Cramer’s Charitable Trust is long DOV, GEV, HON . See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
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