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. U.S. stocks were under pressure Tuesday ahead of the Federal Reserve's Wednesday afternoon interest rate decision. No change is expected in rates, but investors want hints on whether a cut or cuts are coming later this year. Financials was the worst sector Tuesday, with Club names Morgan Stanley and Wells Fargo both down.
"This is very frustrating to me," Jim said, arguing it feels like " stock is mispriced." JPMorgan analysts said that artificial intelligence-driver data center infrastructure investments will not be slowing anytime soon, which bodes well for portfolio name Dover . That's because Dover manufactures industrial-style pumps used in liquid cooling so that these data center facilities can function properly. Jim said he wants to build a larger position in Dover over time.
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