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 Thursday ‘s key moments. 1. Stocks are bouncing back from Wednesday’s dip, as consumer staples, healthcare, and tech outperform the speculative stocks that had been driving the market recently. “Today is the reversion of regular stocks,” Jim Cramer said. Jim has been calling for a market rotation out of the speculative cohort — including quantum, nuclear, crypto, and rare earth stocks — into companies with strong track records and profits. “When I didn’t see the rest of the speculative cohort bounce, I realized today’s gonna be a good day,” Jim said. 2. Honeywell rallied 7% Thursday morning after a strong quarterly earnings beat. The company’s organic revenue, adjusted earnings per share, and margins all met or exceeded the higher end of its guidance. Jim is encouraged ahead of next week’s spin-off of Honeywell’s advanced materials business, Solstice. “As we get closer to the spin-off, you’re going to start to see the values,” he said. The aerospace company was weighed “down by the difficulty of understanding what it really did.” Both Jim and Jeff Marks, director of portfolio analysis, agreed to hold the stock. 3. GE Vernova is rebounding after sliding by more than 10% from its intraday high on Wednesday. It ultimately closed down just 1.6%. But the stock is misperceived and “has so much going for it,” said Jim, referencing its nuclear franchise. The company began to bounce back on Wednesday following a report by CNBC’s Seema Modi that GE Vernova’s CEO Scott Strazik is in contact with OpenAI . Jim favors the ties that Strazik is directly building with hyperscalers. 4 . Stocks covered in Thursday’s rapid fire at the end of the video were: Tesla Inc. , Lam Research , IBM , United Rentals , and American Airlines. (Jim Cramer’s Charitable Trust is long 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.
