Jim Cramer’s top 10 things to watch in the stock market Monday

1. BlackRock reported adjusted earnings per share of $10.36 for the second quarter, beating the Wall Street consensus estimate of $9.93. Shares of the world’s largest asset manager rose 1.2% in premarket trading. BlackRock CEO Larry Fink joins us on CNBC at 9 a.m. ET.

2. JPMorgan gets multiple buy reiterations from analysts (Morgan Stanley, Piper Sandler, Wells Fargo, Barclays) and price target boosts. The bank on Friday posted second-quarter profit and revenue that topped Street estimates, with investment banking fees jumping 52% from a year ago.

3. AMD‘s price target was raised to $210 from $200 at TD Cowen, noting the setup for the second half of 2024 and 2025 is strong. The chipmaker is one of five stocks I would buy now, as I wrote in my Sunday column. I also identified three problem stocks that could turn around. We’re monitoring those names closely.

4. BNY Mellon downgraded to hold from a buy at Citi. The analysts said the stock is fairly valued following its post-earnings rally. On Friday, the bank beat Wall Street’s expectations for second-quarter profit and reported a 7% gain in assets under management.

5. Piper Sandler raised its price target for Arista Networks to $345 from $302. The analysts boosted estimates and multiple on strong AI data center demand.

6. Netflix catches multiple price target boosts: Morgan Stanley goes to $780 from $700, MoffettNathanson $565 from $505, JPMorgan to $750 from $650.

7. Morgan Stanley raised its price target for General Dynamics to $293 from $271. The firms said it favors the commercial aftermarket vs. original equipment makers and defense.

8. Citi price target increases at Piper Sandler and Morgan Stanley.

9. Piper Sandler lowers a bunch of oilfield services stocks, citing sentiment is “fairly poor” heading into the second-quarter earnings reports. I like Halliburton, which Piper lowered to $46 from $49.

10. BP downgraded at Morgan Stanley to hold from buy after a weak trading update that puts 2025 guidance at risk.

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.