Jim Cramer’s top 10 stocks to watch on Thursday

1. Stocks are set to open Thursday higher, looking to extend Wednesday’s gains. Wall Street started this week with back-to-back losing sessions. Federal Reserve Chairman Jerome Powell’s second day of Congressional testimony, this time before the Senate Banking Committee, is scheduled to begin shortly after the opening bell on Thursday. Chairman Powell told House members on Wednesday that the Fed plans to cut interest rates later this year, but he doesn’t know when the first rate cut will be.
2. new york community bancorp The company has received $1 billion in funding from several investment firms, including Steven Mnuchin’s Liberty Strategic Capital. NYCB stock has been all over the place lately. It has fallen more than 65% this year due to concerns about its exposure to commercial real estate. In addition to being Trump’s Treasury secretary, Mnuchin led the group that bought a California bank out of receivership in 2009, turned it around, and sold it six years later.
3. early trials novo nordisk‘s next-generation obesity drug, amicletin, showed significant weight loss in patients after 12 weeks. Shares in the Danish drugmaker, which follows diabetes drug Ozempic and obesity drug Wegoby, soared more than 5% in pre-market trading.For the club, we own our rivals Eli Lilly As a drug play for weight loss. Lilly shares were down about 0.6% early Thursday.
4. Mizuho raises price targets for numerous chip stocks including Club Holdings Nvidia and broadcom. The company’s price per share rose to $1,000 from Nvidia’s $850 and to $1,550 from Broadcom’s $1,450, according to an announcement after Thursday’s close. Analysts said they expect earnings multiples to continue expanding during the period of stock price growth driven by artificial intelligence.
5. Mizuho also raises bullpen price target Advanced Micro Devices The stock has increased from $200 to $235 per share and maintains a buy rating. Analysts say the AI ​​chip market is “continuously expanding” and expect further expansion from companies like Nvidia and Broadcom.
6. looks like cloud strike Following this week’s Knockout earnings report, the company is currently the winner in the cybersecurity space. CEO George Kurtz came out swinging during my interview on “Mad Money” Wednesday night. Citi raised its price target on CrowdStrike to $425 a share from $320, suggesting an upside of about 29% from Wednesday’s closing price. Our club selects and owns Palo Alto Networks as a cyber stock.
7. foot locker Downgraded from “buy” to “equivalent to hold” rating at Telsey Advisory Group. The retail-focused research firm cited a “slower” recovery in operating profit margins than initially expected. Foot Locker plunged 29% on Wednesday following the results, and fell another 1% in Thursday’s premarket. However, our earnings analysis suggested that the pullback may be overdone.
8. sales force Canaccord analysts called for a “gradual” rerating as the enterprise software giant remains committed to efficient spending and returning cash to investors through share buybacks and dividends as of last week. He suggested that an increase could be expected. Analysts maintain a buy rating and $350 price target on the club’s stock, which closed Wednesday at $303.77 per share.
9. Hit songs keep coming apple. The case is the latest chapter in a long-running feud with Fortnite developer Epic Games. Epic Games claims that Apple denied its application for a developer account for a third-party app store for the iPhone in Europe. New antitrust laws in Europe have forced other tech giants like Apple and Google’s parent company Alphabet to change the way they distribute apps on their platforms.
10. federal regulators rob boeing For failing to cooperate with an investigation into an cabin door emergency on an Alaska Airlines 737 Max 9 aircraft in January. The NTSB called it “disappointing.” Boeing said it had “provided the complete list of 737 door team members” that regulators had requested.

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