My top 10 things to watch Friday, Nov. 14 1 . Stocks were pressured early this morning as Big Tech shares weighed on the broader market. Futures tied to the S & P 500 and Nasdaq Composite fell 0.9% and 1.5%, respectively. Both benchmark gauges suffered their worst single-day loss in more than a month Thursday. During the November Monthly Meeting yesterday, I talked about the best ways to navigate the market into the end of 2025, including three names investors should consider buying. 2. As the “Year of Magical Investing” comes to an end, we are aware that bitcoin prop bet companies, quantum computing, profitless power firms, and indebted builders of data centers must be avoided. Bitmine Immersion Technologies , a digital asset treasury company, is an example. 3. Concerns about Club holding Disney’s theme parks are back. Wells Fargo lowered its price target on the entertainment giant to $152 from $159 following its quarterly earnings report on Thursday, which sent shares tanking. Analysts, who maintained a buy rating on Disney , cited softness in its theme park business. Meanwhile, JPMorgan said the stock’s post-earnings selloff was overdone. Instead, analysts argued that Disney’s direct-to-consumer is underappreciated, and reiterated the firm’s buy rating on the stock 4. Stifel downgraded Home Depot to a hold from a buy rating ahead of quarterly earnings next week. Analysts lowered their price target to $370 from $440, and said that the company’s home improvement business was “at best stagnant and potentially deteriorating.” Dubious thinking. Home Depot is a Club holding that has been held back by high mortgage rates, but is operating as well as it can in this environment. 5. Wells Fargo upgraded Cleveland-Cliffs to a hold from a sell on rising steel prices. Meanwhile, Cleveland-Cliffs received a price target cut from Citi to $11, from $12. Analysts kept their hold rating on the stock. Cleveland-Cliffs shares are down roughly 1.5% early this morning. Analysts at the bank say that steel producer Nucor is a buy, not a sell. 6 . Barclays issued a huge price target increase on Club name CrowdStrike , hiking the cybersecurity stock to $610 from $515 apiece. Analysts, who reiterated their buy rating, said that “strong checks” show upside to CrowdStrike’s net new annual recurring revenue for the third quarter. CrowdStrike will report earnings on Dec. 2 7. Baird started coverage of Microsoft with a buy and a $600 price target, saying that the company is “leading the AI revolution” with infrastructure and applications. In a research note, the firm stated that Microsoft should continue to experience double-digit sales growth. I agree. As I mentioned in our monthly meeting on Thursday, Microsoft will dominate the largest AI category in enterprise software. 8. JPMorgan added Best Buy to its “Positive Catalyst Watch” list, and expect an earnings-per-share surprise when the retailer reports on Nov. 25. We exited our Best Buy position in February to lock in some profits. 9. Wells Fargo hiked its PT on Applied Materials to $255 from $250. Analysts expects a second-half 2026 reacceleration. The stock is also trading at a discount to its peers. JPMorgan and Bernstein raised their targets, too. 10. Nvidia’s price target was raised to $220 from $210 at Morgan Stanley, which expected the strongest results the firm has seen in a few quarters when the AI leader reports next Wednesday. Despite growing competition, it’s undeniable that Club name Nvidia still makes the best chips. 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.
Jim Cramer’s top 10 things to watch in the stock market Friday
