Top 10 Things to Watch in the Stock Market Tuesday from Jim Cramer

1. Wall Street resumes its rocky ride into 2024 after Monday’s strong rally led by technology stocks. the Nasdaq rose more than 2% Nvidia He achieved another record and the likes of his clubmate’s name apple It jumped nearly 2.5%. Nvidia arrives modestly early Tuesday. Apple down.
2. I attended the JP Morgan Healthcare Conference in San Francisco, and there is a lot of activity going on for health-related club companies. Nvidia and Amgen Announced a partnership to develop genetic medicines through the use of artificial intelligence. Amgen’s deCODE Genetics unit is building a supercomputer to run artificial intelligence models.
3. Eli Lilly New weight-loss drug Zepbound reached 25,000 new prescriptions in December, CEO David Rex says. Monjaro, a type 2 diabetes drug that contains the same active ingredient, will soon be available on LillyDirect, the drugmaker’s direct-to-consumer website that launched last week.
4. Danaher Previously released quarterly results were better than feared. The life sciences company says core revenue for the fourth quarter of fiscal 2023 will fall less than management previously expected. But we need a forecast for the first quarter of fiscal 2024 and we don’t have it yet.
5. Health care deal news for non-club shares. GlaxoSmithKline It agreed to buy respiratory drug company Aiolos Bio for $1.4 billion. Novartis is in advanced talks to buy Cytokinetics, which offers an experimental treatment for hereditary chronic heart disease. A deal that could exceed $10 billion.
6. Dow stock Boeing It declines and adds to Monday’s decline of more than 8%. United Airlines And Alaska Airlines Some loose hardware found on some 737 MAX 9 aircraft after the aircraft was grounded. Company accountability
7. Bernstein likes the club’s name Costco more than Walmart. Raises target price for both. Goal, also. This still involves risks, but I think the deflation problem is under control.
8. JPMorgan research analysts boost the club’s name Morgan Stanley The price target is $94 per share from $92 according to updated forecasts. Maintains Overweight (Buy) rating.
9. T.D. Quinn raises Google’s father the alphabet Target price to $170 per share from $155. Analysts see slight gains for YouTube stock. It maintains its superiority in the (buy) rating. Coin Ad Buyer Survey: Google Search offers the highest return on investment (ROI).
10. Yazid Stifel Amazon Target price to $175 per share from $173. Maintains Buy rating. Analysts have revised their digital advertising growth forecasts higher.

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