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. The stock market was modestly lower Thursday as investors monitor updates on a potential deal to reopen the Strait of Hormuz. "This is a day where you would have expected the market to be down," said Jim Cramer, noting the advance in oil. Separately, the Club exited its position in Honeywell Aerospace following a horrendous quarter Wednesday that left Jim feeling blindsided. Jim criticized Honeywell Aerospace CEO Jim Currier for his "ill-advised strategy" of not forewarning investors that things weren't going well, despite multiple opportunities to do so. "The business was bad. It can get better." But can management quickly restore its credibility going forward? "That, I don't know," Jim said. 2. Alphabet shares are modestly lower again, extending Wednesday's 4% losses. The slump came after the company announced that Jeff Dean, its chief scientist, was departing the company, re-igniting worries about the loss of top talent. While Jim understands investor concerns, he said, "I always come back to the fact that when you go back to that quarter, there were so many things that were good." Still, Jim said it's not his favorite of the hyperscalers. That title belongs to Amazon . Meta Platforms is Jim's least favorite, saying that leadership needs "articulate a strategy" for AI monetization. Separately, Meta said Wednesday that its agentic model Muse Spark 1.1 successfully breached another company, underscoring the importance of our cybersecurity names, CrowdStrike and Palo Alto Networks . 3. Nevertheless, shares of both CrowdStrike and Palo Alto Networks are pulling back Thursday, one day after we pocketed some gains in the positions following their massive multi-month advances. Jim reminded investors the importance of trimming stocks after those kinds of moves. "I find that when you're up 100% and you don't take profits, you're going to look back and say what a fool you were," Jim said. "It has been a good rule for me. There are very few stocks that after 100% [moves] don't come down a little bit," he added, noting that our trims were not a reflection of our views toward CrowdStrike CEO George Kurtz and Palo Alto's Nikesh Arora. 4. Stocks covered in Thursday's rapid fire at the end of the video were: Ralph Lauren , Door Dash , Datadog , and Dutch Bros , and Becton Dickinson . (Jim Cramer's Charitable Trust is long GOOGL, PANW, CRWD, and META. 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.
