Jim Cramer's top 10 things to watch in the stock market Tuesday
Stocks were headed for a slightly lower open as Wall Street had little reaction to better-than-expected November jobs growth.
TL;DR
- Stocks were poised for a slightly lower open, with minimal impact from November's jobs growth data.
- The unemployment rate unexpectedly rose to 4.6% in November, with data delayed by the government shutdown.
- Morgan Stanley and Wells Fargo raised price targets for GE Vernova, citing its role in supporting AI data centers.
- Jefferies has concerns about cybersecurity stocks lagging in 2026 despite strong fundamentals, cutting the price target for Cloudflare.
- Steve Cahillane will lead Kraft Heinz starting January 1, ahead of its 2026 split, boosting the stock.
- JPMorgan increased its price target for First Horizon, seeing potential in regional banks due to expected interest rate cuts and loan growth.
- Wells Fargo upgraded Gap to a buy, citing potential tariff repeals and a better-than-feared holiday season.
- Bank of America named Estee Lauder its top beauty stock for 2026, raising its price target and earnings estimates.
- PayPal is applying to form a bank to offer small business loans and savings accounts.
- Barclays upgraded Southwest Airlines to a buy, increasing its price target based on a new strategy.
- Mizuho raised its price target on Tesla, citing improved sentiment around robotaxis.