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 were mixed Tuesday, coming off a strong rally in the prior session. Jim Cramer continued to monitor Treasury yields, which keep creeping lower. The 10-year Treasury was below 4%, which is “fantastic” for stocks, Jim noted. A major portfolio mover Tuesday was Danaher . Shares jumped 7.5% after the life sciences firm delivered strong finanicals. We’re pleased to see progress since Danaher has been a struggling stock in the portfolio. But there is still some work to do. Check your texts and email inboxes for our full earnings analysis shortly. 2. Honeywell ‘s upcoming spinoff of Solstice Advanced Materials unit is gaining attention. BMO Capital initiated coverage with an outperform buy rating and $70 price target. Analysts see the company as an opportunity for investors to “buy a high-quality stable growth company.” However, like most spins, there could be volatility out of the gate when Solstice separates from Honeywell later this month. Solstice should benefit from becoming an independent company due to exposure to strong themes like specialty chemicals, and we are willing to hold the stock for a while to see where it goes. 3. Jim said Goldman Sachs is a buy despite a downgrade from JPMorgan research analysts to neutral from an overweight buy. The analysts increased their Goldman price target to $750 from $625. While positive on global investment banks, JPMorgan analysts see Goldman shares as fairly valued at these levels. Still, Jim likes Goldman and sees upside, saying CEO David Solomon told him that the pipeline for mergers and acquisitions and IPOs is “extraordinary.” 4. Stocks covered in Tuesday’s rapid fire at the end of the video were: GE Aerospace , RTX , Coca-Cola , 3M , and General Motors . (Jim Cramer’s Charitable Trust is long DHR, HON, GS. 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.
