My top 10 things to watch Monday Dec. 15 1. The S & P 500 was headed for a higher open as Wall Street awaits key economic data this week. The November employment report and October retail sales numbers will be released on Tuesday morning. On Thursday, we get the November consumer price index. Meanwhile, Club holding Nike reports earnings after Thursday’s closing bell. 2. Broadcom shares were up slightly this morning after the stock got slammed last week on a misinterpreted quarterly earnings report . UBS sees Friday’s slide as a buying opportunity. In my Sunday column , I said that this chipmaker, which is the nervous system for many of the hyperscalers, is concerning me because its price-to-earnings multiple is very high. Costco is the other Club stock I named as a concern. 3. Wedbush raised Micron ‘s price target to $300 from $220 ahead of the company’s earnings report Wednesday evening. Analysts cited a sharper lift in average selling prices. The setup into the quarter is bad as the tech stock has moved up. There will be doubters. We need to hear if there is more semi-cap equipment to possibly tip the balance. 4. Wells Fargo upgraded Masco to a buy from a hold, and raised the home improvement and building products stock’s price target to $75 from $70. Analyst says Masco is undervalued at current levels and that tariff noise opens the door for long-term investors to get into a high-quality stock. This is the kind of name that goes with Club holding Home Depot for a turnaround in housing. 5. Bristol Myers gets upgraded to buy from hold at Bank of America. The analysts, who also raised their price targets to $61 from $52, cite the drug company’s strong research and development pipeline. The stock’s weakness is a buying opportunity, according to analysts, because “good pharma pipeline stories can work once investors have visibility on the next product cycle.” The Club stock rose roughly 2.5%. 6. Bank of America downgraded Zoetis to a hold from buy. The analysts cut their price target to $135 from $165, which still implies more than 14% upside to Friday’s close. Shares of the animal pharmaceuticals company have had a tough 2025, down 27% year to date. 7. Wells Fargo raised its price target on Club name Danaher to $240 from $230 and kept its hold rating. The life sciences company is turning the corner. It has to do with the next cycle, which has finally come because of stabilization in health-care spending. Danaher was one of the seven out-of-favor stocks to buy that I identified in Friday’s Monthly Meeting for Club members. 8. Evercore ISI started coverage of Club stock GE Vernova with a buy and a $860 price target. That PT implies 28% upside to Friday’s close. Analysts said that the energy equipment company has “picks and shovels” exposure to many industries. Last week, GE Vernova was our top performer despite Friday’s 4.6% decline after incredibly positive guidance from management all the way out to fiscal 2028. 9. Evercore ISI started coverage on Honeywell with a buy and a $225 price target, which implies 16% upside to Friday’s close. The analysts also see their “picks and shovels” thesis playing out for this Club stock. In 2026, Honeywell will split into separate aerospace and automation companies. Earlier this year, it spun off Solstice Advanced Materials . 10. Wells Fargo raised its price target on portfolio holding Dover to $200 from $190. It’s kind of a catch-up call as the new PT is basically where the stock closed Friday. The analysts, who kept their hold rating, see 3% to 5% organic growth. We have a buy-equivalent 1 rating on the industrial stock and a $210 price target. 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.
