Jim Cramer is keeping a close eye on 22 stocks on Tuesday, including DraftKings and McDonald's.
Some tickers on my radar for Tuesday, October 24, as reported by my notebook.
- Stifel upgraded its recommendation on (IR) from hold to buy, citing the recent pullback in shares as a favorable opportunity to invest in this high-quality industrial company.
- Morgan Stanley and MoffettNathanson both recommend buying DKNG before its earnings next week.
- The seaport covers 10 internet companies with seven buy ratings, including Uber, Pinterest, Amazon, and Meta, and has a neutral rating for Google.
- Oppenheimer lowered its price target for defense stock MCD from $330 to $315 due to reduced target multiples. Despite this, investor sentiment towards restaurant stocks remains subdued, affecting MCD as it approaches earnings season.
- (BCS) shows the perils of ever buying a banking stock.
- The price target for the SHOP stock was lowered from $77 to $62 at Citi, indicating that "cracks" are forming in the U.S. consumer health profile.
- Stifel raised its price target from $1 to $150, indicating that infrastructure money is on the way.
- The price target at Citi was lowered from $16 to $13.
- (NCLH) PT cut to $19 from $22 at Wells Fargo
- UBS has downgraded its hold rating for RF, citing net interest income, credit and risk management as factors keeping market multiples down.
- Piper Sandler upgraded AXP from sell to hold, stating that its current valuation level is "rarely seen."
- (HAL) misses on revenues but beats on earnings.
- Loop Capital lowered its price target for BURL from $220 to $915.
- JPMorgan upgraded PVH from hold to buy, with an analyst seeing a positive risk-reward ratio and a multi-year brand "unlock" in progress.
- Piper Sandler has downgraded its rating on the stock from "buy" to "hold" due to slowing growth momentum.
- Despite topping third-quarter expectations, the company had to revise its previously announced guidance due to ongoing labor strikes by the United Auto Workers.
- (VZ) also slightly better, reported third-quarter EPS beat.
- JPMorgan CEO Jamie Dimon expresses caution, stating that central banks have made a grave mistake.
- Technology and media investors are considering Loops as a buy, as it is one of the best long-term growth opportunities available.
by Jim Cramer
markets
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