During the Investing Club's Morning Meeting, Jim Cramer offered his thoughts on recent earnings from RTX, PepsiCo, Nucor, Novartis and Cadence Design Systems.
Jim Cramer 's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. RTX : Shares were roughly flat after the aerospace and defense company delivered a quarterly earnings beat and reaffirmed its full-year 2024 outlook for sales, adjusted earnings and free cash flow. " Greg Hayes' last quarter. He goes out on an absolute high," Jim Cramer said, noting the strength in its Pratt & Whitney division. "It is good.
Shares fell nearly 7% on Tuesday. Cramer noted Nucor CEO Leon Topalian is set to appear on "Mad Money" later Tuesday, and he'll be seeking clarity around the impact pricing has had on the company. Novartis : Shares rose more than 3% after the Swiss drugmaker hiked its full-year guidance after strong first-quarter numbers. "It's about time. I've been waiting for to deliver on a lot of his promises.
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