My Top 10 to Watch for Monday, Dec. 15 1. The S&P 500 was headed higher as Wall Street awaited key economic data this week. November employment statistics and October retail sales figures will be released on Tuesday morning. The consumer price index for November will be released on Thursday. Meanwhile, the club that owns Nike will announce its financial results after the final bell on Thursday. 2. Broadcom stock rose slightly this morning after getting hammered last week with a misinterpreted quarterly earnings report. UBS views Friday’s decline as a buying opportunity. In my Sunday column, I said that this chipmaker, which is the nerve center of many hyperscalers, concerns me because it has such a high price-to-earnings ratio. Costco is another club stock that I have concerns about. 3. Wedbush raised its price target on Micron from $220 to $300 ahead of Wednesday evening’s earnings release. Analysts cited a sharp rise in average selling prices. Things are looking bad for the quarter as tech stocks rose. Some people may doubt it. I need to ask if there is any more semi-cap equipment that could upset the balance. 4. Wells Fargo upgraded Masco stock from hold to buy and raised its price target for the home improvement and construction products stock from $70 to $75. Analysts say Masco stock is undervalued at current levels and the tariff noise opens the door for long-term investors to enter the blue-chip stock. It’s a fitting name for a club that owns Home Depot to turn around the housing industry. 5. Bristol-Myers gets upgraded from Hold to Buy at Bank of America. Analysts also cited the drugmaker’s strong R&D pipeline and raised their price target to $61 from $52. Analysts say the stock’s weakness is a buying opportunity because “a strong drug pipeline story could play out if investors have visibility into the next product cycle.” Club shares rose about 2.5%. 6. Bank of America lowered Zoetis’ rating from “buy” to “hold.” Analysts lowered their price target to $135 from $165, but that still suggests an upside of more than 14% by Friday’s close. The animal health company’s stock has had a rough year in 2025, down 27% since the beginning of the year. 7. Wells Fargo raised Danaher’s price target from $230 to $240 and maintained its rating. Life sciences companies are at a turning point. It has to do with the next cycle, which has finally arrived as health spending stabilizes. Danaher was one of seven unpopular stocks to buy that I identified during Friday’s monthly club member meeting. 8. Evercore ISI initiated coverage on club stock GE Vernova with a buy rating and price target of $860. This PT represents a 28% upside by Friday’s close. Analysts said the energy equipment company is “picking and shoveling” across many industries. Last week, GE Vernova was our top performer despite Friday’s 4.6% decline following incredibly positive guidance from management through fiscal year 2028. 9. Evercore ISI initiated coverage of Honeywell with a buy rating and a price target of $225, which represents a 16% upside to Friday’s closing price. Analysts also see their ‘pick and shovel’ theory playing out regarding the club’s stock. In 2026, Honeywell will be split into an aerospace and automation company. Earlier this year, the company spun off Solstice Advanced Materials. 10. Wells Fargo raised the price target for its Dover portfolio from $190 to $200. This is a catch-up call of sorts, as the new PT is essentially where the stock closed on Friday. Analysts kept their ratings unchanged and expected organic growth of 3% to 5%. The industrial stock has a rating of 1, equivalent to a buy, and a price target of $210. 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.
