My top 10 things to watch Thursday, Feb. 26 1. Nvidia shares were up about 1% this morning after a strong quarter and even stronger guide last night . Nvidia is a different story than before. It is now about a universal architecture to build on and write on, much bigger than previously thought thanks to Anthropic, Cursor, OpenAI and OpenClaw. This was not a call about Amazon Web Services, Microsoft Azure or Google Cloud. 2. A wave of price-target bumps for Club name Nvidia . JPMorgan called the stock a “coiled spring” and went to $265 from $250, implying about 36% upside. Morgan Stanley went to $260 from $260 and said despite questions about its largest customers’ cash flows, the “underlying compute demand is clear.” 3. The biggest drag on Club stock Salesforce’s numbers is weakness in legacy applications like marketing, commerce and Tableau. That cannot be made up yet by Agentforce, which is growing fast and reached $800 million in annual recurring revenue in the quarter. But you can see how there will not be an outright “SaaS Apocalypse.” Notably, Salesforce said it stole customers from ServiceNow and Veeva . 4. Club name Qnity Electronics delivered a terrific print, beating the Street’s expectations for both the fourth quarter and 2026 guidance. The DuPont spinoff, which supplies all sorts of materials used to make semiconductors, also announced a $500 million buyback. Shares are up 8.5% this morning, even after jumping 47% year to date already. 5. TJX Companies’ tremendous quarter is being rewarded with price-target raises at Barclays, which went to $183 from $172, and Bank of America, which went to $175 from $168. Both shops reiterated their buy ratings. We’ve loved this one at the Club for ages. Shoppers want value, and the T.J. Maxx and HomeGoods parent has it in droves. 6. Snowflake is getting hit with inexplicable price-target cuts despite growing product revenue by 30% in its fourth quarter. Barclays went to $204 from $192 and kept its hold rating. Snowflake CEO Sridhar Ramaswamy told me on “Mad Money” last night that the data analytics’ platform is speeding up product development to ride the AI wave. Data is the lifeblood of AI. Shares are up 2% premarket. 7. Trade Desk shares are sinking over 14% this morning after the adtech company’s first-quarter guide was light. This is a despised company right now. Shares got pummeled last summer on fears of mounting competition from big tech players like Club holding Amazon , and it’s not been able to recover since. In August, it was almost a $90 stock. Now, it’s set to open below $22. 8. Wells Fargo upped its price target on Lowe’s to $290 from $280 after yesterday’s earnings. The stock fell 5.6% yesterday, and its weak guidance played a part there. But I also think a lack of tangible proposals to address housing affordability in the U.S. during President Trump’s State of the Union hurt the stock, along with Club name Home Depot . Both retailers feed off housing turnover. 9. Citi hiked its price target on hold-rated Toll Brothers to $162 from $141, implying a roughly 3% upside from Wednesday’s close. I really liked the the high-end homebuilder’s earnings report last week. Toll Brothers posted a first-quarter profit of $210.9 million, much higher than the $177.7 million posted from a year earlier. 10. BWX Technologies’ price target was raised to $235 from $225 at BTIG after its fourth-quarter earnings beat. Analysts reiterated their buy rating and highlighted growth in the Navy contractor’s commercial nuclear business. BWXT is “selling shovels in the nuclear gold rush,” they wrote. I interviewed CEO Rex Geveden on “Mad Money” earlier this week. BWXT may be the best nuclear play. 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 Thursday
Feb 26, 2026
