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Prosper planet pulse
Home»Stock Market»Jim Cramer’s top 10 stocks to watch on Wednesday
Stock Market

Jim Cramer’s top 10 stocks to watch on Wednesday

prosperplanetpulse.comBy prosperplanetpulse.comMay 15, 2024No Comments8 Mins Read0 Views
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My Top 10 Things to Watch Wednesday, May 15th The Consumer Price Index report was always going to decide Wednesday’s trading, but the calmer-than-expected report we received is a win for the bulls. . U.S. stocks jumped on the news, suggesting gains across the board. Melius Research analyst Ben Reitzes is a rising star in the tech world, and he likes to present the latest in Alphabet’s generative artificial intelligence at Club developer conferences. Citi is gradually becoming more positive on its stock price. Maintains Buy rating and $190 price target. Is server maker Dell Technologies the hottest tech stock? Morgan Stanley has gone all out, raising its price target from $128 to $152 per share and naming the stock its top priority. Analysts’ new profit forecast for this year is 18% higher than consensus. Can Dell be stopped, Nvidia’s main driver? I don’t think so. Nvidia is a long-standing club name. UBS and many other stores lowered their price targets for Home Depot after the company reported lower-than-expected quarterly sales. Makes sense to me. It wasn’t a good quarter for Home Depot, as rising interest rates weighed on do-it-yourself customers. Nextracker, which is on our club’s Rising Stars list, soared more than 13% in pre-market after a crashing quarter. Guidance remains in line with expectations, and Wells Fargo lowered its price target to $64 per share from $68. As I appeared on “Mad Money” with co-founder and CEO Dan Sugar on Tuesday night, I’m totally against lowering prices. Nextracker is developing a system in which solar panels track the sun. The most advanced technology company in this field. A courageous, courageous call: Wells Fargo has named Toll Brothers its top pick for the homebuilder, raising its price target to $150 per share from $142. The stock has almost doubled in the past year, but do you do this ahead of a quarter without even knowing where the ties are? Citi expects to significantly outperform Hoka’s parent company, Decker’s Outdoor, in sales and profits next week. Analysts maintained a hold-equivalent rating on the stock, but raised their price target to $920 per share from $835. The stock’s closing price on Tuesday was $882.45. You can see the changing of the guard wearing running shoes. Upstart Hoka and On Holding versus Nike. On Holding slightly raised its price target after Tuesday’s strong results. Bank of America said it would be cautious about Snowflake ahead of next week’s earnings report and lowered its price target accordingly from $212 to $200 per share. Analysts have rated the data analytics company’s stock a Hold, but the stock has been under pressure since late February, when technology industry veteran Frank Slotman stepped down as CEO with weaker-than-expected guidance. fell. Another big expectation is that Morgan Stanley sees a favorable environment for earnings for the club name Palo Alto Networks. The analyst was cautious before Palo Alto’s disastrous February results sent the stock plummeting and landed it in Wall Street’s penalty box. In Wednesday’s article for the club, we provided a detailed preview of the cybersecurity firm’s report. Stevens analysts make the odd choice of naming Cheesecake Factory as their best restaurant idea. Mall-based meals. The price target increases from $45 to $50 per share. Analysts cite strong foot traffic trends and expect profit margins to continue expanding. In my weekend column , I investigated many other restaurant winning stocks. Sign up for free for my Top 10 Morning Thoughts on the Markets email newsletter (See here for a complete list of Jim Cramer Charitable Trust stocks.) Jim Cramer’s CNBC Investment Club As a subscriber, you can receive trade alerts. Before Jim trades. After Jim sends a trade alert, he waits 45 minutes before buying or selling stocks in a charitable trust’s portfolio. If Jim talks about a stock on his CNBC TV, he will wait 72 hours before executing a trade after issuing a trade alert. The above investment club information is subject to our Terms of Use and Privacy Policy, along with our disclaimer. No fiduciary duties or obligations exist or arise from your receipt of information provided in connection with the Investment Club. No specific results or benefits are guaranteed.

A customer shops for food at a grocery store on March 12, 2024 in San Rafael, California.

Justin Sullivan | Getty Images News | Getty Images

Top 10 things to watch on Wednesday, May 15th

  1. The CPI report has always determined Wednesday’s trading, but the calmer-than-expected report we received is a win for the bulls. U.S. stocks jumped on the news, suggesting gains across the board.
  2. Ben Reitzes, an analyst at Melius Research, is a rising star in the technology industry and likes to host clubs. alphabetLatest Updates on Generative Artificial Intelligence at Developer Conference. Citi is gradually becoming more positive on its stock price. Maintains buy rating and price target of $190.
  3. server maker Dell Technologies What are the most popular tech stocks? Morgan Stanley went all out, raising its price target from $128 to $152 per share and naming the stock a top priority. Analysts’ new profit forecast for this year is 18% higher than consensus. Can Dell, Principal Facilitator Nvidia, can you stop it? i don’t think so. Nvidia is a long-standing club name.
  4. UBS and many other shops reduce target price home depot as the retailer’s quarterly revenue fell short of expectations. Makes sense to me. It wasn’t a good quarter for Home Depot, as rising interest rates weighed on do-it-yourself customers.
  5. next trackerThe company, which is on the club’s list of stocks to watch, soared more than 13% premarket after a disastrous quarter. Guidance remains in line with expectations, and Wells Fargo lowered its price target to $64 per share from $68. As I appeared on “Mad Money” with co-founder and CEO Dan Sugar on Tuesday night, I am completely against price cuts. Nextracker is developing a system in which solar panels track the sun. The most advanced technology company in this field.
  6. A courageous, courageous call: Wells Fargo said: toll brothers The company was named a top pick among home builders, and its price target was raised to $150 per share from $142. The stock has almost doubled in the past year, but do you do this ahead of a quarter without even knowing where the ties are?
  7. Citi expects significantly higher sales and profits than Hoka’s parent company deckers outdoor next week. Analysts maintained a hold-equivalent rating on the stock, but raised their price target to $920 per share from $835. The stock’s closing price on Tuesday was $882.45. You can see the changing of the guard wearing running shoes.Upstart Hoka and On Holding vs. Nike. On Holding slightly raised its price target after Tuesday’s strong results.
  8. Bank of America treads carefully snowflake Ahead of next week’s earnings report, we are lowering our price target accordingly from $212 to $200 per share. Analysts have rated the data analytics company’s stock a Hold, but the stock has been under pressure since late February, when technology industry veteran Frank Slotman stepped down as CEO with weaker-than-expected guidance. fell.
  9. Another important decision: Morgan Stanley sees favorable preference for club name palo alto networks to the bottom line. The analyst was cautious before Palo Alto’s dismal February performance sent the stock plummeting and sending it into Wall Street’s penalty box. In Wednesday’s article for the club, we provided a detailed preview of the cybersecurity firm’s report.
  10. Stevens analyst chooses strange naming cheesecake factory Their best idea in a restaurant. Mall-based meals. The price target increases from $45 to $50 per share. Analysts cite strong foot traffic trends and expect profit margins to continue expanding. In this weekend’s column, we explored a number of other winning restaurant stocks.

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(look here (For a complete list of Jim Cramer’s Charitable Trust stocks, see here).

What Investing Club members are reading now

Subscribers to Jim Cramer’s CNBC Investing Club receive trade alerts before Jim Cramer makes a trade. After Jim sends a trade alert, he waits 45 minutes before buying or selling stocks in a charitable trust’s portfolio. If Jim talks about a stock on CNBC TV, he will issue a trade alert and then he will wait 72 hours before executing the trade.

The above investment club information is subject to our Terms of Use and Privacy Policy, along with our disclaimer. No fiduciary duties or obligations exist or arise from your receipt of information provided in connection with the Investment Club. No specific results or benefits are guaranteed.



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