News Cramer’s 10 things to watch in markets Tuesday: Dow, iPhone, JNJ

An Apple store on Nanjing Road Pedestrian Street in Shanghai, China, Dec. 16, 2022.

Chief Financial Officer | Future Publishing | Getty Images

My top 10 things to watch for Tuesday, January 31

1. Will the outperformance of speculative stocks continue? The market’s worst performers in 2022 — including cryptocurrencies, SPACs and cloud software stocks — have been some of the biggest winners from this year’s rally. keep away. As I wrote on Sunday, I think this is the moment to rotate into mature stocks aligned with the so-called old or real economy.

2. You’ll find many of these real economy stocks, or anchors, in the Dow. We looked at 30 of its members to show how they match up with the names we have in the Trust.

3. UBS says iPhone sales or sales to end users fall 12% in Q4 2022 due to supply chain disruption; it maintains Buy rating apple (NASA). Let’s calculate the consensus right now, which would put the stock at around $130.

4. Apple is one of nine club stocks reporting quarterly earnings this Thursday.The list includes industrial groups Honeywell International (Book), Starbucks (SBUX) and tech giants letter (Google). These reports and conference calls should provide important information on the state of the U.S. economy. Here’s our breakdown of Thursday’s timetable, including analyst estimates for EPS and revenue.

5. McDonald’s (MCD) posted fantastic numbers — beating earnings and revenue expectations. But the market doesn’t like it, which is stupid. Shares were down more than 1% in premarket trading.

6. Johnson & Johnson ( JNJ ) won’t be able to use bankruptcy tricks to get out of tens of thousands of lawsuits over its talc products. A U.S. appeals court ruled that the healthcare group improperly placed a subsidiary in Chapter 11 even though it was not in financial distress. Still a mess. The company has already paid $3 billion.

7. Humira’s days as top-selling drug end today Amgen (AMGN) started selling a nearly identical biologic. AbbVie (ABBV), which makes an injectable treatment for rheumatoid arthritis, expects sales to fall 45% in 2023. This is mostly reflected in stocks with lower share prices.

8. caterpillar CAT (CAT) sales rose 20% in the fourth quarter of 2022 on strong demand for its construction equipment. It’s been a great quarter indeed, but the market’s attitude towards the stock has been poor.

9. Deutsche Bank sees improvement in leadership and efficiency disney (shunt). New CEO Robert Iger will use his own plan to integrate Hulu better.

10. The astonishing decline of natural gas is cause for celebration, as it is used in many ways. Prices fell to their lowest levels in almost two years on Monday amid an unseasonably warm winter.

(Look here The full stock listing of The Jim Cramer Charitable Trust. )

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