My Top 10 Things to Watch Thursday, February 19th 1. Stock futures signaled a decline this morning following Walmart’s disappointing earnings outlook. Attention is also focused on tensions between the United States and Iran. Oil prices rose more than 1% to extend yesterday’s strong gains, with Brent crude trading above $71 per barrel and US benchmark WTI above $66. 2. According to LSEG, Walmart stock was flat as its full-year earnings outlook of $2.75 to $2.95 fell short of the consensus estimate of $2.96. With CEO John Farner taking over this month, the guidance looks like a chance to reset expectations. Food inflation was just 1% in the fourth quarter. Walmart also approved a $30 billion stock repurchase program. 3. Club name Boeing has secured orders for nearly 100 jets from three Vietnamese airlines. This is the latest evidence that the company’s order backlog is increasing as it has in the past. As CEO Kelly Ortberg’s turnaround progresses, there will be a moment when Boeing’s earnings break out, and the company needs to invest in the stock to get ahead of it. 4. Deere now expects 2026 profits to be in the range of $4.5 billion to $5 billion, up from its November forecast of $4 billion to $4.75 billion. Even at the lower end of the new range, it remains above the FactSet consensus of $4.38 billion. Deere is seeing a recovery in the construction and small-scale agriculture sectors. The stock price rose 6%. 5. Online marketplace eBay reported strong quarterly results, paralleling a positive outlook for the first quarter, sending its stock price up 6%. It also announced that it would acquire used fashion app Depop from Etsy for $1.2 billion in cash. Goldman upgraded eBay from a sale status to a hold status following the printing. This is another forgotten company coming back to life. 6. Needham upgraded Analog Devices from Hold to Buy following the chipmaker’s strong quarterly results and guidance. Oppenheimer also raised his price target to $400 from $350, implying a 15.5% upside from the previous day’s closing price, and maintained his Buy rating on the stock. Analog Devices’ power management and connectivity chips are part of the data center’s plumbing. The company’s data center business grew 50% in 2025. 7. American Airlines has selected CFM International’s LEAP-1A engines to power future deliveries of its Airbus A321neo narrowbody aircraft. CFM International is a joint venture owned by GE Aerospace and Safran. These engines will be installed on the Airbus A321neo narrowbody jet that the U.S. airline ordered about two years ago. 8. DoorDash stock rose more than 9% last night after the company missed fourth-quarter profit and revenue results. Once the numbers hit, the stock initially plunged in extended trading. Still, CEO Tony Xu highlighted the strong performance of Deliveroo, the British food delivery platform that DoorDash acquired in 2025. The stock price has fallen more than 23% since the beginning of the year. 9. Evercore added Dell to its “Tactical Outperform” list and reiterated a buy rating on the stock ahead of next week’s quarterly results. This was an odd decision, as analysts still lowered their price target from $180 to $160. Evercore sees upside to Dell’s current revenue and profit estimates due to near-term demand strength across traditional hardware and AI computing. 10. Wayfair shares fell more than 11% this morning, even though the furniture retailer’s fourth-quarter results beat expectations while touting market share gains. Wayfair’s annual revenue increased for the first time since 2020, but it still reported a net loss. First-quarter guidance called for mid-single-digit revenue growth, compared with the FactSet consensus of 6%. 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.
