My top 10 things to watch Thursday, July 24 1. Club name Honeywell solidly beat on second quarter earnings per share (EPS) and revenue and bumped up full-year guidance on each. Honeywell’s planned split into three public companies — automation, aerospace, and advanced materials — is still on track to be completed in the second half of 2026. The stock dropped 3%. 2. Dover , also a Club industrial name, delivered quarterly beats and full-year EPS and revenue growth guidance increases. Three out of five segment sales exceeded estimates, including pumps and process solutions, which includes products used in artificial intelligence data centers and biopharma. The stock rose 3%. 3. Alphabet beat on second-quarter EPS and revenue. Google Search revenue rose 2.6%, YouTube gained 2.5%, and Cloud advanced nearly 4%. All three also exceeded expectations. Alphabet is increasing capital expenditures in 2025 to about $85 billion. The stock rose more than 3.5%. 4. Telsa stock fell 6% this morning after the company missed on Q2 earnings and revenue. UBS analysts said that sell-rated Tesla is facing near term challenges, including the end of the $7,500 consumer EV credit in the U.S. On the call, Elon Musk acknowledged the possibility of a “few rough quarters” ahead. 5. Jefferies raised its price target on Club name CrowdStrike to $530 per share from $520, citing a continuation of robust spending. The analysts also increased their PT on Palo Alto Networks , our other portfolio cybersecurity name, to $235 from $225. 6. Barclays hiked its price target on Club name GE Vernova to $706 from $580 after yesterday’s blowout earnings report . This may be the best in show stock right now. We took our PT to $700 from $550 but kept our hold-equivalent rating out of respect for yesterday’s 14.6% gain. The stock has nearly doubled in 2025. 7. Citi bumped up its PT on Club name Capital One to $275 from $250 on a big estimate boost. Capital One was flat this morning after yesterday’s 0.94% gain, well off its highs of the session. The second quarter was noisy due to the Discover integration, but we like where the company is headed. 8. Lots of price target cuts on the Street for Chipotle , whose stock sank roughly 11.5% this morning. Chipotle reported a Q2 match on earnings and a revenue miss. Comparable restaurant sales saw a larger-than-expected drop in the quarter. They did turn positive last month but only after heavy promotions. 9. On the slip side, lots of PT increases for ServiceNow , including a bump to $1,234 from $1160 at Citi. Shares rose 7.5% after the company beat on second quarter EPS and revenue. Third quarter and full-year guidance on subscription revenue were higher than estimates. 10. Dow Inc. shares sank nearly 12% this morning after the company cut its dividend in half and reported a terrible quarter. On the earnings call, management cited a lower-for-longer earnings environment as well as the impact brought on by recent trade and tariff uncertainties. 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.
