Jim Cramer says he would trim Disney as the stock makes a 52-week high

News Snapshot:

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. 1. U.S. stocks slumped Tuesday as markets piled on losses from the session prior. The Nasdaq was the biggest laggard among the major benchmark gauges — down nearly 1.7%. Portfolio names taking hits include Apple – down over 2.5%. The mega-cap stock continued its recent tumble . This time it was new data about weaker iPhone sales in China . Jim Cramer said Tuesday that members should recognize which names have notched gains and not...