Jim Cramer is monitoring 16 stocks, including the Twinkie deal and the risk of an auto strike.

Jim Cramer is monitoring 16 stocks, including the Twinkie deal and the risk of an auto strike.
Jim Cramer is monitoring 16 stocks, including the Twinkie deal and the risk of an auto strike.

Some tickers on my radar for Monday, September 11, as reported by my reporter's notebook include:

  • Twinkie owner TWNK was bought for $5.6 billion by SJM, whose stock price increased by more than 18% on the deal. Despite Andy Callahan, CEO of Hostess, repeatedly discussing the company's turnaround, no one listened. Callahan was 100% digital and bought Voortman Sugarless, Dingdongs, and Baby Bundt. General Mills (GIS) also wanted the company.
  • Wells Fargo lowers its price target for Coach and Kate Spade owner from $55 to $40 per share while maintaining an overweight rating.
  • Can the UAW really go after all of the Big 3: GM, Chrysler owner STLA, and Club name F if a walkout happens? The union has never done that in its 88-year history, with 150,000 UAW members working at the three automakers. An estimate suggests that a 10-day strike would result in $5 billion in economic losses.
  • The price target for the buy now, pay later company (AFRM) has been raised to $25 per share from $21 at Barclays. Despite the change, the analysts maintain their overweight (buy) rating.
  • The falls most in two weeks.
  • S (BROS) raises $300 million by selling 11.5 million shares at $26 each, but faces challenges with almost $1 billion in debt and weak same-store sales. Stifel cuts its price target from $36 to $32 per share.
  • Baird analysts lower their price target for Square from $92 to $72 per share while keeping their "outperform" (buy) rating. They also name the company, formerly known as Square, a "bullish fresh pick."
  • Deutsche Bank has determined that KVUE is oversold and has decided to purchase from its holdings. However, with a 16.5 price-to-earnings ratio and a 3.76% annual dividend yield, Kenvue's consumer brands split-off from JNJ is not considered to be of good value.
  • JPMorgan downgraded boat maker (BC) from overweight (buy) to neutral, with analysts cutting the price target from $109 to $79 per share. The stock now appears more like a "U" than a "V." Are dealers becoming skittish?
  • The spirits giant (BF.B) is upgraded by Bernstein to outperform the market (buy from hold) due to greater exposure to high-growth categories. The analysts have raised the price target to $76.40 per share from $73. In spirits and beer, we own and like Constellation Brands (STZ).
  • RBC Capital believes that NKE stock has a favorable outlook for earnings. Overvalued.
  • Jefferies upgrades its hold rating on DASH from underperform to sell, citing the advertising angle. The analysts predict that the company will inflect in 2025 and have raised their price target to $90 per share from $70.
  • DELL's price target has been increased by Evercore to $80 per share from $70, with a strong outlook for the end of July. The buy rating remains in place.
by Jim Cramer

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