My top 10 things to watch Monday, Oct. 27 1. Wall Street was in rally mode this morning on the potential for a U.S.-China trade truce. A higher open would extend last week’s S & P 500 surge and record high Friday . In the week ahead, tons of earnings , including much of the “Magnificent Seven” stocks. Ten Club stocks in total. 2. The presumed winners of a China deal are semiconductor exporters, Nvidia and Advanced Micro Devices , which were both up more than 2%. Farmers, too, that’s why Deere was up this morning. U.S.-listed rare earth miners like MP Materials were lower on the expectation that China would hold off on export curbs. 3. Analyst Ben Reitzes at Melius Research said the custom Tensor Processing Unit (TPU) from Google is great for Club name Broadcom . He raised his Broadcom price target to $475 from $415, and Google-parent Alphabet, too. 4. JPMorgan raised its Alphabet price target to $300 from $260 on the Justice Department overhang being lifted. The analysts said the stock can go meaningfully higher. Bad miss by the Club to believe the DOJ antitrust issues would do something. 5. UBS raised its Arm price target to $200 from $175, predicting handset and client central processing units (CPUs) and server CPUs all strong ahead of Nov. 5 quarterly earnings. 6. Microsoft was upgraded to buy from hold at Guggenheim. The analysts said Microsoft has a “near monopoly” in the productivity suite market with Office, and it’s also a beneficiary, along with other hyperscalers, of AI “casualties.” The Club name reports earnings Wednesday evening. 7. While the real part of the market was up, so were the quantum stocks like IONQ and nuclear stocks like Oklo . In my Sunday column, I looked at the difference between investing, which is what we do for the Club, and 1990s-like speculation, which I want no part of. 8. Susquehanna raised its price target on General Dynamics to $406 from $365, citing very strong business aviation market following Q3 results. The defense business is strong, too. 9. RBC Capital Markets upgraded Club name Honeywell to a buy rating from hold, saying business momentum is picking up and spin-off “purgatory” perceptions are fading. The analysts’ new price target of $253 implies about 19% upside. I’m a big supporter of Honeywell’s plans to separate its crown jewel aerospace division, which will happen next year. On Thursday, the Solstice Advanced Materials spin happens . 10. Wells Fargo raised its price target on Club name TJX to $140 from $130 and raised estimates. TJX, the off-price retailer behind T.J. Maxx, Marshalls, and HomeGoods, reports earnings Nov. 19. The Wells Fargo analysts adjusted PTs on rivals: boosting Ross Stores but cutting Burlington . Sign up for my Top 10 Morning Thoughts on the Market email newsletter for free (See here for a full list of the stocks at Jim Cramer’s Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
