My top 10 things to watch Monday, Jan. 6 1. Jensen Huang, CEO of Club name Nvidia , speaks Monday evening at the annual Consumer Electronics Show in Las Vegas. His highly anticipated keynote is one of five things the Club is watching in the market this week. Meanwhile, Microsoft President Brad Smith recently published an artificial intelligence manifesto where cost can’t really be an object because it is an industrial revolution. 2. A number of AI chip stocks, including Nvidia, Marvell and Micron , are moving higher on the back of better-than-expected numbers from server manufacturer Foxconn. This group has lately been churning with no real direction. Could this be the catalyst for a move higher? 3. A new Morgan Stanley analyst is covering Palantir , and they have a sell-equivalent underweight rating on the red-hot software stock. The price target of $60 a share is roughly $20 below where the stock closed Friday. The Palantir bulls, as I talk about in my Sunday column for Investing Club subscribers , do not think there is any price that can’t be justified for this stock. It’s like the original meme stock GameStop , but with a brain. 4. Shares of Tesla , another big focus of my Sunday piece, are up again this morning. Tesla is separating itself from the down-and-out auto industry and moving into the AI universe because of its self-driving work, using neural networks trained on video clips and a supercomputer to constantly make the software better. 5. Club holding Palo Alto Networks was downgraded to sell from hold at Guggenheim. The analyst argued there is a disconnect between the cybersecurity stock’s outperformance over the past year and its “several questionable” earnings reports. I’m not sure rating this one a sell is such a good idea when the Chinese seem to be hacking everything in sight. Palo Alto has been a big win for the Club. 6. Barclays upgraded Boeing to a buy-equivalent overweight rating from hold and upped its price target on the stock to $210 a share from $190. Analysts said the planemaker’s balance sheet is no longer an overhang. Aerospace remains a very strong theme for 2025. That’s why I want Club name Honeywell to separate its aerospace unit. 7. Paychex is in advanced talks to acquire smaller rival Paycor , according to a Bloomberg News report, sending shares of the latter surging more than 20%. This is exactly the kind of merger that would have been blocked by the Biden administration’s Federal Trade Commission, but now shouldn’t face any trouble from the incoming Trump team. 8. UBS downgraded Goldman Sachs to neutral from buy. Good time to buy this Club name, which benefits from the relaxed scrutiny of mergers and acquisitions that we should see during Donald Trump’s four years in the White House. 9. United Airlines said its first commercial flight to offer internet from Elon Musk’s Starlink is now set to take off this spring, a bit ahead of schedule. What will it mean? In-flight internet has been a real issue, and members of United’s MileagePlus loyalty program will get free access. So, maybe more people will join MileagePlus. 10. The private equity industry is going to push the Trump administration to let it expand to individuals through 401(k) retirement savings plans, The Financial Times reported . An expanded menu or a dangerous alternative? Such a move would no doubt be good for the likes of Apollo , Blue Owl , Blackstone and KKR . 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.
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., speaks during the Nvidia AI Summit Japan in Tokyo, Nov. 13, 2024.
Akio Kon | Bloomberg | Getty Images
My top 10 things to watch Monday, Jan. 6
1. Jensen Huang, CEO of Club name Nvidia, speaks Monday evening at the annual Consumer Electronics Show in Las Vegas. His highly anticipated keynote is one of five things the Club is watching in the market this week. Meanwhile, Microsoft President Brad Smith recently published an artificial intelligence manifesto where cost can’t really be an object because it is an industrial revolution.
2. A number of AI chip stocks, including Nvidia, Marvell and Micron, are moving higher on the back of better-than-expected numbers from server manufacturer Foxconn. This group has lately been churning with no real direction. Could this be the catalyst for a move higher?
3. A new Morgan Stanley analyst is covering Palantir, and they have a sell-equivalent underweight rating on the red-hot software stock. The price target of $60 a share is roughly $20 below where the stock closed Friday. The Palantir bulls, as I talk about in my Sunday column for Investing Club subscribers, do not think there is any price that can’t be justified for this stock. It’s like the original meme stock GameStop, but with a brain.
