Jim Cramer's top 10 things to watch in the stock market Tuesday

CNBC Finance

4 min read

My top 10 things to watch Friday, March 10 1. Oil prices are sliding this morning on the heels of wild session yesterday that briefly sent crude to four-year highs before coming way off the boil. President Donald Trump saying the with Iran may be over soon is being taken in stride. We're back below $90 a barrel on U.S. benchmark WTI, but prices are still up over 50% for the year. Stock futures are little changed this morning. 2. Is the war "very complete, pretty much," as Trump told CBS News yesterday? Or are we looking at a longer conflict if we can't get ships through the Strait of Hormuz? The speaker of Iran's parliament said Iran isn't looking for a cease-fire, and state media reported Iran won't let oil out of the Strait if American and Israeli attacks continue. U.S. Defense Secretary Pete Hegseth said this morning that today will be "our most intense" day of strikes. 3. Intuit was upgraded to buy from hold at Rothschild & Co Redburn. The TurboTax and QuickBooks owner has transcended the fears of possible software destruction from Anthropic. The stock has had a massive move of its late February low, up over 30%. Granted, it's still down 28.5% for the year. 4. Another software upgrade, this time in cyber: Morgan Stanley took Club name CrowdStrike to buy from hold. This stock also has had a big bounce after facing heat from Anthropic the Destroyer, up over 20% from last month's low. As CrowdStrike CEO George Kurtz says, AI is a tailwind for cyber. 5. TD Cowen downgraded Novo Nordisk to hold from buy. Novo's Wegovy pill is giving its obesity business a much-needed boost right now, but analysts said its GLP-1 pipeline is not as compelling as it needs to be. Club name Eli Lilly is the leader in obesity, with exciting next-generation assets and its own obesity pill likely launching soon. 6. Qualcomm's growth prospects are lukewarm and its efforts to diversify into areas like automotive and data center may be insufficient to offsets headwinds in its core mobile business, Bank of America wrote in a downgrade of the chipmaker. Analysts now have a sell rating on the stock. Plenty of growth to be had elsewhere in chips. We own Nvidia and Broadcom for the Club. 7. The Wall Street Journal's influential Heard on the Street column came to the defense of Blackstone and BlackRock this morning, saying the asset managers' diversified businesses will allow them to ride out the private-credit storm just fine. I know Carlyle can because it doesn't have a lot of private credit exposure tied to software. That leaves Ares , Apollo and Blue Owl . I have my worries about the private-credit complex. 8. Hewlett Packard Enterprise raised its full-year earnings outlook last night despite memory cost pressures. In the reported quarter, revenues were a tough light, but gross margins and adjusted EPS both topped expectations. Its networking unit is seeing strong demand thanks to the data center buildout. Bank of America bumped up the firm's price target to $32 from $29 on the results. 9. Goldman Sachs cut Flutter Entertainment's price target to $205 from $270 after the FanDuel parent reported disappointing fourth-quarter results late last month. Analysts pointed to softer fiscal 2026 guidance and reduced buybacks, but they still kept their buy rating. I think prediction markets are winning. 10. Casey's General Stores are down 3% this morning after the convenience store chain last night beat estimates for third-quarter earnings but missed on revenue. Management also raised its full-year operating profitability growth guidance to 18% to 20%, up from 15% to 17% before. Numbers looked good to me, but perhaps the outlook increase wasn't as strong as the bulls had hoped for. Sign up for my Top 10 Morning Thoughts on the Market email newsletter for free (See here for a full list of the stocks at Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.

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Jim Cramer's top 10 things to watch in the stock market Tuesday

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