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. 1. The Dow hit another record Tuesday, marking three consecutive days of fresh intraday highs. There are a lot of “nice moves” in some Club AI infrastructure names, said Jeff Marks, director of portfolio analysis for the Club. Corning , for example, was up about 7% since Friday’s close. While modestly lower Tuesday, Corning hit an all-time intraday high in the prior session. DuPont stock hit an all-time high Tuesday after a better than expected quarter. Cisco , Dover , and Honeywell also hit all-time highs. 2. Texas Roadhouse was downgraded to a hold equivalent at Truist, which also lowered its price target to $188 per share from $206. Analysts expect beef price inflation to persist through 2027. “We’re not necessarily in disagreement,” Jeff said. The Club trimmed some shares of the dining operator on Feb. 2. Despite the ongoing headwind, we’re not dumping the stock completely and are hopeful the White House’s latest efforts to lower beef prices will have some impact. “We’re just kind of holding it here,” said Jeff. “Our last move was [to] sell. Maybe if there was some big weakness, we would love to pick it back up.” 3. Taiwan Semiconductor reported that its January sales increased 37% year over year. The latest metrics show strong acceleration from 20% growth in December. This is a great sign of AI demand and a positive readout for portfolio names Nvidia, Broadcom , Apple , and even Qnity Electronics , Jeff said. Separately, Qnity rose over 5% on Tuesday to an all-time high, thanks to an earnings beat by its closest peer, Entegris , whose stock jumped 11%. Qnity was spun off from DuPont back in November. (Jim Cramer’s Charitable Trust is long AVGO,DD, GLW, APPL, NVDA, CSCO, DOV, HON, Q, TXRH. 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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