Club’s Top 10 to Watch Friday, Nov. 27 1. Futures tied to the S&P 500 are rising early Friday morning as Wall Street returns from the Thanksgiving break and looks to end a shortened trading week. The stock market closes at 1pm ET. This day is expected to be a low volume day. So, coming off an unusually bad November, investors shouldn’t read too much into price trends. 2. The Chicago Mercantile Exchange (CME) suffered an outage early Friday morning that affected trading in the futures, foreign exchange, and options markets. Business is gradually returning to normal. “Due to cooling issues at the CyrusOne data center, our market is currently suspended,” a CME spokesperson told CNBC in an email. 3. Black Friday is here and the holiday shopping season officially begins. It will be a key test for retailers and U.S. consumers as investors gauge demand for the rest of the quarter. The club’s retail names include TJX Companies, Nike, and Home Depot. 4. Shares of America’s largest retailers rose ahead of Friday’s open. Best Buy and Target rose 0.4% and 0.3%, respectively. Walmart and Dillard’s were also slightly higher. 5. UBS raised its price target on Five Below from $184 to $204 ahead of the retailer’s earnings report next week. Analysts reiterated their buy rating on the stock, noting that there is “continuing noise” around consumers each quarter. 6. India’s economy grew better than expected in the third quarter, at 8.2%, accelerating from 7.8% growth in the second quarter. This is much higher than the 7.3% gross domestic product (GDP) growth rate for the July-September period compiled by Reuters. 7. Alibaba’s new AI-powered smart glasses went on sale Thursday. Quark AI Glasses were first announced in July and come in two variants, priced at CNY 3,799 ($536). This is the Chinese tech giant’s answer to Meta’s display glasses. Facebook’s parent company and Club Holding Company introduced $799 Meta Ray-Ban display glasses in September. 8. Business trading has rebounded this year, and the Wall Street Journal acknowledged Wednesday that the trend is thanks to the Trump administration’s more lenient stance on antitrust laws. Bankers and lawyers told the media that they felt companies were becoming more courageous in pursuing deals that merged direct competitors. As a result, U.S. transaction value grew by more than 40% year-over-year through 2025, according to LSEG data. Further deals, including initial public offerings and mergers and acquisitions, are good news for the club, which owns Goldman Sachs, which has a large investment banking arm. 9. Evercore ISI lowered Deere’s price target from $487 to $458 and maintained its rating on the stock. Analysts say the near-term outlook for the company’s stock is uncertain after the company’s earnings report “failed to show the improvement in agricultural machinery fundamentals that many had expected.” 10. CNBC’s Jen Elias’ latest show explains how Google’s parent company Alphabet’s AI resurgence with its Gemini 3 AI model and Ironwood chip caused its stock to plummet recently and hit an all-time high on Tuesday. However, market experts told CNBC that Alphabet’s lead in the highly competitive AI market remains “very slim.” Sign up for free for my Top 10 Morning Thoughts on the Markets email newsletter (See here for a complete list of Jim Cramer Charitable Trust stocks.) As a subscriber to Jim Cramer’s CNBC Investment Club, you’ll receive trade alerts before Jim makes a trade. After Jim sends a trade alert, he waits 45 minutes before buying or selling stocks in his charitable trust’s portfolio. If Jim talks about a stock on CNBC TV, he will issue a trade alert and then wait 72 hours before executing the trade. The above investment club information is subject to our Terms of Use and Privacy Policy, along with our disclaimer. No fiduciary duties or obligations exist or arise from your receipt of information provided in connection with the Investment Club. No specific results or benefits are guaranteed.
