Jim Cramer’s Top 10 Things to Watch in the Stock Market Monday:
1. U.S. stock futures remain steady after record-setting close for the S&P 500 last week.
2. Diamondback Energy acquires Endeavor Energy Partners for $26 billion in a cash-and-stock deal.
3. Wells Fargo lowers price target on CVS Health due to concerns over Medicare Advantage utilization and rates.
4. Donald Trump proposes a 60% tariff on all Chinese imports.
5. Bank of America assures investors not to worry about the near-term impact of Nvidia expansion on Broadcom.
6. Big Lots downgraded to sell by Loop Capital due to substantial loss of consumer relevance.
7. Instacart receives lowered price target from Bank of America ahead of earnings report.
8. Barclays downgrades Rivian due to slowing demand in the electric vehicle market.
9. Lowe’s upgraded to sell by JPMorgan with increased price target, citing moderating wallet headwinds.
10. DuPont receives lowered price target from Barclays, but guidance remains consistent.
Note: This article is based on Jim Cramer’s observations and does not constitute financial advice.
Analyst comment
1. Neutral: The stock market is steady after a record-setting close.
2. Positive: Diamondback Energy acquires Endeavor Energy Partners, boosting its position in the Permian Basin.
3. Negative: Wells Fargo lowers price target on CVS Health over concerns about Medicare Advantage utilization.
4. Negative: Donald Trump proposes a 60% tariff on all Chinese imports, which could disrupt the trade pipeline.
5. Neutral: Bank of America assures investors about the near-term impact of Nvidia’s expansion on Broadcom.
6. Negative: Big Lots downgraded to sell due to a substantial loss of consumer relevance.
7. Negative: Instacart receives a lowered price target from Bank of America ahead of earnings report.
8. Negative: Barclays downgrades Rivian due to slowing demand in the electric vehicle market.
9. Positive: Lowe’s upgraded to sell by JPMorgan with increased price target, citing moderating wallet headwinds.
10. Negative: DuPont receives a lowered price target from Barclays, but guidance remains consistent.
Market Analysis: With a mix of positive and negative factors, the market is expected to have a slightly bearish sentiment as concerns over tariffs and slowing demand in certain sectors may offset the positive news from acquisitions and upgrades.
