Every weekday, the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. On Tuesday, investors rotated out of big semiconductor stocks into defensive areas like Procter & Gamble. Jim Cramer urged caution on several AI infrastructure names after their massive rallies earlier this year, citing Corning which has pulled back more than 50% from its all-time high on June 29. He continues to buy Intel on the way down and sees Boeing as attractive after the company reported stronger-than-expected cash flow, predicting a multi-month move.
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