My top 10 things to watch Monday, July 13 1. S & P 500 and Nasdaq futures are pointing to a lower open , pressured by declines in semiconductor stocks. WTI crude is up more than 3% to nearly $74 a barrel after the United States and Iran traded strikes over the weekend. We’re off the worst levels of the morning, at least, with WTI trading as high as $75. 2. Chip weakness on Wall Street is spilling over from Asian markets, where SK Hynix plunged 15.4%, and Samsung Electronics tumbled 10.7% in South Korea. This was the first trading day in Korea since SK Hynix listed American depository receipts on the Nasdaq. Those ADRs are selling off in the premarket, down more than 10%. Micron is down about 5%, and Sandisk is off 6%. 3. Demand for AI computing remains off the charts, based on TSMC’s June sales. The world’s largest contract chipmaker reported a 68% year-over-year increase in revenue last month. TSMC is capacity-constrained, and the industry’s desire for a reliable leading-edge alternative is a big reason why we own Intel for the Club. 4. In my Sunday column for Investing Club members, I explored the dominance of tech stocks in this market and explained why it’s so hard to abandon this group. Yes, we stay diversified for the Club. But the endless tech narrative is impossible to ignore. We have our Monthly Meeting for Club members at noon ET on Thursday. Join the Club to be there . 5. Citi hiked its price target on Apple to $365 from $315 and kept its buy rating. Analysts said Apple’s recent price increases on its MacBooks and iPads should offset margin pressures from higher memory prices, with limited impact on demand. They said that should make Apple a share gainer in a challenging market. The stock has been on a run recently, closing at record highs late last week. I still say own, don’t trade this one. 6. Meta’s massive data-center project in Louisiana is getting even bigger, with the site now set to be a 5 gigawatt facility and cost north of $50 billion. That’d be enough to power some 4 million homes. The initial plans called for a 2GW data center with a $27 billion price tag . The market rewarded Meta last week for considering a cloud business, just as I predicted . 7. Club name Capital One was upgraded to buy from hold at HSBC. Following a 17% year-to-date decline, driven by macro risks and questions on the Discover integration, analysts argued that “caution is now more than reflected in the share price.” I wish we had sold this one much higher before we let a big gain evaporate. But we’re holding on because I think CEO Richard Fairbank will soon reveal the “new” Capital One. 8. Humana was upgraded to buy from hold at Wells Fargo with a $502 price target, up from $227. The stock has already more than doubled from its March lows. But with Medicare Advantage costs moderating, analysts said the risk to earnings has decreased and margin progress next year can be meaningful. The managed care stocks have been the only healthcare group with any real oomph. 9. Citi upped its price target on Rockwell Automation to $555 from $500. The call was made as part of an earnings preview for industrials, citing tailwinds for the group, including demand from AI and the data center buildout. Kept a buy rating on shares. We like Club holding Honeywell Technologies better in the space. 10. Deckers Outdoor was upgraded to buy from hold at Jefferies. The Hoka and Ugg parent has “meaningful ability to deliver upside” to guidance given its “strong track record,” analysts said. Their new price target of $130, up from $110, implies nearly 23% upside. This one was a huge winner in 2023 and 2024 as Hoka took off, but it’s been tougher sledding since. 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 Monday
Jul 13, 2026
