Jim Cramer’s top 10 things to watch in the stock market Tuesday

1. Bond yields dropped slightly on a light wholesale inflation report, giving support to stocks. The Dow, the S&P 500 and, especially, the Nasdaq were all headed for higher opens on Wall Street. The government’s read on consumer inflation is out Wednesday.

2. Bank of America named Club name Salesforce a top pick for 2025. The analysts call the company a leading front office AI agent play. Salesforce’s Agentforce has been well received. This is an important call.

3. Club stock Nvidia early Tuesday was more than making back the prior session’s decline after the Biden administration announced tougher AI chip export restrictions. The new rules, which would be used against Nvidia, will not stand. They would anger too many U.S. allies.

See more : Stock Market News for Jan 13, 2025

4. Loop Capital likes former Club holding Advanced Micro Devices here, initiating coverage with a buy rating and a price target of $175 per share. I prefer Nvidia.

5. Wells Fargo likes Amazon into its upcoming earnings report, raising its price target to $212 per share from $197. The analysts see better North America retail and small losses from satellite internet project Kuiper.

6. Worth mentioning that Jeff Marks, Club director of portfolio analysis, covered the Bloomberg News report that Club name Honeywell is considering splitting into two companies: one around aerospace and the other around automation. Done because of pressures from activist investment group Elliott.

7. KB Home reported a better-than-expected quarter. Homes delivered rose 17% year over year to 3,978. That, too, exceeded estimates. KB shares popped more than 10%, sparking strength among other homebuilders.

8. Piper Sandler raised its Reddit price target to $197 per share from $150 and kept its overweight buy rating. The analysts cited positive advertising trends. Reddit has a lot of inventory, so the stock could go higher.

9. Bernstein thinks that Robinhood is the best brokerage stock. The analysts said Robinhood should benefit as the new Trump regulatory environment is expected to favor cryptocurrencies.

See more : Fears over UK borrowing costs as US jobs figures prompt bond market volatility | Economics

10. Morgan Stanley lowered its price target on casino stocks with China exposure, taking Wynn Resorts to $105 per share from $110 but keeping its buy-equivalent rating. The analysts downgraded Las Vegas Sands to their hold rating and trimmed their price target to $51 from $54.

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.