My top 10 things to watch Monday, Aug. 25 1. Bond yields rose this morning, and stocks were headed for a modestly lower open. No follow through on Friday’s big rally, which was sparked when Fed Chairman Jerome Powell signaled interest rate cuts ahead. In my weekend column, I looked at the lay of the land and offered a Monday playbook . 2. Citi raised its price target on Toll Brothers to $142 per share from $134. Kept its neutral rating. The housing rally continues without housing. Toll did have a great quarter. Friday’s market surge lifted everything housing, including retailers that spend on real estate such as Club name Home Depot . 3. The earnings report Wall Street has been awaiting comes Wednesday evening. That’s when Club name Nvidia issues its quarterly results. Nvidia’s biggest customers all revealed alongside their results no letup in artificial intelligence spending. 4. Intel stake, is it really that unusual? The government took a big warrant position in Chrysler in 1979. Lee Iacocca negotiated a $1.2 billion loan, which demanded an equity kicker. Kevin Hassett, director of the National Economic Council, told CNBC this morning that more arrangements like Intel are possible. 5. Furniture tariff, RH , Wayfair , and Williams-Sonoma bad. Ethan Allen good. Bring furniture manufacturing back to North Carolina, South Caroline, and Michigan. HNI , which makes workplace furnishings and building products, announced earlier this month a $2.2 billion deal to buy office furniture company Steelcase . 6. Keurig Dr Pepper has agreed to buy Dutch coffee company JDE Peets for $18 billion. Huge pay for a coffee company. JDE Peets shares overseas soared. Keurig Dr Pepper will then split beverages and coffee into two separate public companies. It would basically unwind 2018 merger of Keurig and Dr Pepper Snapple. 7. Thoma Bravo can’t resist. The private equity firm is nearing a deal to buy call center software provider Verint Systems for $2 billion. Verint shares jumped 12%. A double down on what no one wants? Why not? Thoma Bravo has done it before. Earlier this month, the company announced it would buy human resources software company Dayforce for $12.3 billion. 8. BTIG says Sentinel is slowing and takes it to a hold from buy. Is this one the odd man out in cybersecurity? Club name CrowdStrike reports earnings Wednesday evening. BMO raised its price target on CrowdStrike to $500 from $460. Our other cyber stock Palo Alto Networks delivered a truly a bang-up quarter. 9. Initiations began for Figma on Wall Street. Most analysts start with a hold as the recent IPO has gone up so much. This is an AI competitor with design tools that can rival Adobe , which actually tried to buy it in September 2022 for $20 billion. 10. Citi opens a negative catalyst watch on Constellation Brands . There is no letup in the decline of liquor sales in this country. Expect reduction in numbers when it reports earnings. 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.
