My Top 10 Things to Watch Monday, April 6th 1. Stocks are headed mixed this morning. As we all wait to see if the US and Iran can actually reach a ceasefire agreement, Axios reported that it is being discussed. Oil prices have fallen by less than 1%. Yesterday, President Donald Trump threatened to bomb Iranian power plants and bridges if a deal was not reached by 8pm ET Tuesday. 2. JPMorgan maintains its sell rating on Tesla after Elon Musk’s EV maker’s first-quarter deliveries were lower than expected. The $145 price target means the stock will fall by about 60%. A bold call. Will anyone sell their Tesla stock to buy Musk’s SpaceX if it goes public? I looked at these mega-IPOs in my Sunday column for Investing Club subscribers. 3. Bank of America downgraded plastics makers Dow & Co. and LyondellBasell to sell from hold, saying their huge profits from responding to supply disruptions in the Middle East are unsustainable. Westlake also took a long time to go from buying to holding. Analysts expect petrochemical prices to eventually peak and the earnings profile to normalize, although the war could create a permanent tailwind. 4. Netflix gets an upgrade from its buyout at Goldman Sachs. With no overhang with Warner Bros., analysts believe Netflix can generate sustained low-double-digit revenue growth for years to come. Buyback activity should also increase. 5. Bank of America lowered Carvana’s rating from buy to hold and lowered its price target from $400 to $360. Analysts cited rising gasoline prices and rising short-term interest rates as reasons for this. Carvana stock’s impressive comeback hit a wall in late January. 6. Piper Sandler upgraded Tyson Foods to Hold Buy, with the company’s beef business benefiting from the JBS strike and its chicken business benefiting from the Koch Foods chicken farm fire earlier this year. Additionally, analysts said Tyson’s top-line momentum is being helped by a protein boom with little risk of GLP-1 disruption. 7. Barclays lowered the price target for Capital One from $287 to $226, citing valuation pressure on consumer finance stocks due to the worsening economic situation. However, analysts maintained a buy rating. Although we are disappointed in the way this stock has fallen, we hope to see further synergies from the Discover acquisition in the April 21 report. 8. Goldman Sachs raised its price targets on a number of banks, including Wells Fargo, from $93 to $96. This year hasn’t gone as planned for the group, but the stock price entered the second quarter at very low levels, so it looks like it’s poised for a comeback. Last week, we thought about three things we need to get right to make that happen. 9. Mizuho raised Dell’s price target from $180 to $215. Analysts expect the company to benefit from strong demand for AI servers this year and next. Dell is a stock I’ve been keeping an eye on in the club’s bullpen. Many felt the company would be overwhelmed by rising memory prices, but this isn’t CEO Michael Dell’s first DRAM rodeo. 10. Citi placed a “30-day rally catalyst watch” on Advanced Micro Devices thanks to strong CPU demand from agent AI. However, Citi maintained its rating on the stock and lowered its price target from $260 to $248, considering 2026 to be flat despite the four-week winning streak. AMD faces new competition from Arm in the data center CPU market. 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.
