My top 10 things to watch Wednesday, April 8 1. Stock futures are flying after the U.S. and Iran agreed to a two-week ceasefire at the 11th hour last night. Washington has committed to halting missile attacks, and Tehran has agreed to reopen the vital Strait of Hormuz oil transport route during the truce. Oil prices are plunging, with WTI crude down more than 17% to $93 a barrel. With the war paused, expect the transports and tech stocks to be the biggest winners. 2. This morning is yet another reminder that trading in and out of the markets is a fool’s errand. Good luck trying to catch all the big moves with that strategy. Over the long run, missing the market’s best days damages your returns. This is what we preach at the CNBC Investing Club , and it was also a big focus of my latest book, “How to Make Money in Any Market.” 3. Anthropic’s new AI model will initially be rolled out to a select group of companies as part of a cybersecurity initiative called Project Glasswing . Club names CrowdStrike and Palo Alto Networks are among the participants. Important. These stocks were wrongly crushed on AI disruption fears. They can go much higher now. Both are rallying this morning. CrowdStrike’s George Kurtz will join me on “Mad Money” tonight to talk about it. 4. Seaport downgraded Club name Broadcom to hold from buy, saying the custom chipmaker is confronting the limits of the industry. Talk about a call that makes no sense whatsoever. Broadcom just landed two key wins (Google and Anthropic), and it’s the best alternative to Nvidia for AI compute, even though Marvell needs to be taken seriously , too. 5. Johnson & Johnson landed a buy call at TD Cowen. The analysts said its product portfolio is strong and will drive 7% annual sales growth through 2032. This is the drug stock I have most wanted to buy for the Club. Best growth from pharma. J & J says it has a line of sight to double-digit expansion by the end of the decade. 6. Wolfe Research downgraded Otis Worldwide to hold from buy, saying it’s lost confidence in the elevator maker’s near-term earnings trajectory so it’s not enough that shares are cheap. Like Wolfe, I was surprised that Otis issued a negative update to its first half earnings projection last month. New orders in China continues to be an issue here. 7. Telsey Advisory started coverage of Dutch Bros with a buy rating. This is a fast-growing, regional-to-national expansion story. I like Dutch Bros as a junior Starbucks , and it is as good as Casey’s General Stores , another regional-to-national winner I’ve loved for ages. Casey’s is joining the S & P 500 , and I think it should keep chugging its way higher long term. 8. Wells Fargo cut its price target on Stanley Black & Decker to $75 from $82. Analysts pointed to the underperformance in housing stocks since the Iran war started, which is more bad news for the DeWalt owner. This is a terrible stock with a good dividend. Housing activity has been sluggish in this country for a while, and the war made it worse . 9. Blue Owl ‘s price target was lowered to $9 from $11 at Barclays. Analysts kept a hold rating on shares, but reduced estimates across the sector ahead of a “less constructive” quarter. Moody’s cut the private-credit manager’s outlook to “negative” from “stable” yesterday. But there is still no real smoking gun here because capping redemptions on some funds doesn’t seem to matter to the rest of its business. 10. UBS took its price target on Micron to $535 from $510. The firm said it’s time to get positive on memory again after the red-hot stocks had cooled. This is actually a call that takes away from the rest of the tech industry because sky-high memory prices depress gross margins for all the users. 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 Wednesday
Apr 8, 2026
