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. Stocks are selling off again Tuesday after President Donald Trump implemented tariffs on Canada and Mexico, plus an additional 10% tariff on all Chinese exports. The S & P 500 and Nasdaq are each down roughly 1.6% and the Dow Jones Industrial Average fell 1.5%. The S & P 500 is now negative for 2025 and has given back all of Friday’s gains. Over the last couple weeks, we raised cash by selling some of our tariff-exposed names including Best Buy , Stanley Black & Decker and Constellation Brands . However, Jim Cramer is “taking the other side of the trade” and wants to do some buying, he said in Tuesday’s Morning Meeting. We made a small buy of Texas Roadhouse last week on weakness as it went down due to poor weather impacting sales. The stock is above our cost basis so we’re not buying right now, but Jim said investors who don’t already own Texas Roadhouse should buy it since it’s more of a domestic play and with limited exposure to tariffs. 2. Tuesday’s market sell-off has the tech-heavy Nasdaq hovering at correction territory. Shares of Nvidia are extending their Monday losses, down 1.4%. Jim urged Club members who own Nvidia to learn what the company actually does so they don’t get nervous when the stock goes lower. Apple stock is also trying to make a stand, eking out a 0.4% gain. Last week the company made a $500 billion commitment to expand manufacturing in the U.S. in the years ahead. Google-parent Alphabet is hanging in there with shares up 0.3%. Jim said the stock isn’t really getting hurt by tariffs. Even though shares of e-commerce giant Amazon are 2.7% lower, Jim said the stock “is not bad here either.” 3. Shares of Abbott Labs made another yearly high this morning at $141 per share, its second of the week. So it was surprising to see Citigroup issue a 90-day downside catalyst watch, given it is one of the strongest health-care stocks in the market right now. Analysts said the stock has had a huge run, but litigation risk remains an overhang. There are more than 1,000 lawsuits alleging company’s infant formula causes diseases in premature babies. Abbott has denied these allegations and Jim is confident the company will prevail in the courts. Citi did increase its price target on the stock to $160 from $135. 4. Stocks covered in Tuesday’s rapid fire at the end of the video were: Target , Best Buy , and On Holding . (Jim Cramer’s Charitable Trust is long TXRH, NVDA, AAPL, GOOGL, AMZN, ABT. 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.