Every weekday, the CNBC Investing Club hosts a “Morning Meeting” live stream with Jim Cramer at 10:20 am ET. Here’s a recap of Tuesday’s key moments. No Man’s Land Watch the holdings of big tech companies. Stay With Coterra Energy 1. No Man’s Land Shares edged higher Tuesday morning as the market tried to recover from a losing day on Monday. Still, the market remained in no-man’s-land as the S&P 500 Short Range Oscillator was essentially flat — meaning stocks are neither overbought nor oversold. Wall Street’s rise comes on the back of positive economic data on Tuesday. According to the Census Bureau, new home sales rose more-than-expected in May despite high mortgage rates. New construction and home renovations bode well for the club’s newest holding, Stanley Black & Decker (SWK). We continue to look for a way to expand our small position. 2. Watch Big Tech Another Alphabet (togetL) downgrade late Monday: Bernstein transitioned from outperform (hold buy) to market perform while maintaining a price target of $125 per share. With Alphabet stock now up 40% from its November lows, it is now “fairly valued” and has a balanced risk-reward trade-off, Bernstein analysts argued. Meanwhile, Citi raised its price target on Meta Platforms (META) to $360 from $315 and reiterated a buy rating on the stock. The company cited an improving online advertising market and growing adoption of Instagram parent company’s Reels video offering. Check your emails and texts later Tuesday for comment on the online ad battle between GOOGL and META. 3. Stay with Coterra Energy JPMorgan on Tuesday upgraded oil and gas producer Coterra Energy (CTRA) from neutral to outperform (buy from hold), citing increased confidence in the future of the business. The company also noted that Coterra’s capital expenditures are likely to come in well below the company’s guidance for the year, while underscoring the “more attractive relative valuation” at the current stock level. Analysts at JPMorgan slightly lowered their price target on Coterra stock to $31 per share from $33 — but that still means plenty of upside from here. Shares in the club name Coterra rose more than 2% on Tuesday to about $24 a share. (Jim Cramer’s Charitable Trust is long SWK, GOOGL, META, CTRA. For a full list of stocks click here.) As a CNBC Investing Club subscriber with Jim Cramer, you’ll receive trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling any stock in his charitable foundation’s portfolio. When Jim spoke about a stock on CNBC television, he waits 72 hours after the trade alert is issued before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY, ALONG WITH OUR DISCLAIMER. THE RECEIVING OF YOUR INFORMATION PROVIDED IN CONNECTION WITH THE INVESTMENT CLUB SHALL HAVE NO FOCUS OBLIGATION OR DUTY. NO PARTICULAR RESULTS OR PROFITS ARE GUARANTEED.