My top 10 things to watch on Thursday, April 2 Trump said he expects it to last another two to three weeks, and talked about the explosion of power plants if there is no agreement with Tehran. He called on countries that depend on oil exports from the Strait of Hormuz to “just take it” and “protect it.” 2. The majors had another good meeting yesterday, but there was terrible leadership. It’s not the kind of encouraging follow-up to Tuesday’s high that we wanted to see. And now, after the president’s misplay, we’re dealing with rising oil prices again this morning. US WTI rose 9% to $109 a barrel. It will be difficult to keep this stock low. 3. Bank of America upgraded Vale to buy from active, saying investors are finding an attractive entry point into the steelmaker. Vale’s stock is down about 7% since the start of the Iran war, yet steel prices are up 8%. I love this phone. Stock can have momentum. 4. Website builder Wix was downgraded to hold UBS purchases. Analysts believe that its 2026 outlook means that its core business growth will drop to 8% this year from 12% last year. Wix has worked to integrate artificial intelligence capabilities into its offerings. But I still think this is the kind of company that is easily disrupted by AI. 5. Cheniere Energy’s price target increased to $330 from $280 at Citigroup, which reiterated its buy rating. Supply disruptions in the Middle East could help America’s natural gas exports long after the war is over. Cheniere is the cleanest, surest way to play the American LNG boom. Shares are up 17% since the war broke out. 6. TD Cowen lowered its price targets on airlines ahead of first-quarter earnings, saying investors were skeptical about the sustainability of travel demand despite high energy prices. Analysts went to $120 from $140 on United, $15 from $17 on American Airlines, and $76 from $77 on Delta. It still holds the purchase details for all three. They have lowered rates on Southwest to $46 from $56. Airline stocks are falling this morning due to rising oil prices. 7. KeyBanc upgraded Brinker International to buy from active, arguing that Chili’s strong sales momentum will continue into the next fiscal year. A new chicken sandwich program starting this month should help drive sales, analysts said. They also see a way for the restaurant space to continue to grow, boosting earnings and stock value. Brinker’s CEO Kevin Hochman has done an amazing job of rebuilding Chili’s. 8. Mizuho Securities raised its price target on Cava Group to $80 from $72 but maintained its neutral rating. TD Cowen went to $100 from $90 and reiterated his price. The Mediterranean chain has been seeing a lot of love from restaurant critics lately. After collapsing last year, the stock nearly doubled in November. 9. Wells Fargo remains skeptical about the Paramount Skydance story, taking its price target to $8 from $10 and sticking to its sell rating. Assuming Paramount’s deal for Warner Bros. Discovery closes, analysts are worried about the combined company’s debt burden until they see how it performs. 10. Citi cut its price target on Club Name Boeing to $256 from $290 but maintained its buy rating. This stock has struggled during the Middle East conflict, along with other travel-related stocks. But orders for its planes haven’t gone anywhere, so allocations could be in for a big cut once the war is lifted. Sign up for my Top 10 Morning Thoughts on the Market email newsletter for free. Jim waits 45 minutes after he sends a trade alert before buying or selling a stock in his charity portfolio. If Jim talked about a stock on CNBC TV, he waits 72 hours after issuing a trade warning before making a trade. THE ABOVE COMPRESSED BOOKING INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND TERMS AND CONDITIONS OF LEARNING, AS WELL AS OUR PRIVACY POLICY. NO OBLIGATION OR RESPONSIBILITY EXISTS, OR IS MADE, AS A CONSIDERATION OF YOUR ACCEPTANCE OF ANY INFORMATION PROVIDED WITH THE INVESTMENT CLUB. NO STATEMENT OR SPECIFIC STATEMENT IS GUARANTEED.
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