Investing Club: 3 investing lessons from the Club’s meeting Tuesday
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. Stay bullish Buy Nvidia for AI play Watch Amazon 1. Stay bullish Stocks were mixed Tuesday morning ahead of a speech from Federal Reserve Chairman Jerome Powell, as investors awaited potential comments on the direction of interest rates. Declines seen at the start of the week suggest we could be in for a tough month of trading .
47% in midmorning trading, to $216.11 a share. 3. Watch Amazon Shares of Amazon have fallen roughly 12% since Feb. 2, when the company reported a fourth-quarter revenue beat but announced lighter-than-expected guidance that disappointed investors. We continue to expect Amazon to further rein in costs this year, through layoffs or by cutting unprofitable projects, allowing its stock to soar. But in the meantime, we're looking for the stock halt its plummet and stabilize.
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