Investing Club: What Jim Cramer is watching Tuesday — Flight to companies that ‘make stuff’

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Big themes: Flight to companies that make stuff and do things: Nucor (NUE) and Johnson & Johnson (JNJ).Will the destruction of retail continue and is it omicron or is it the Fed or both?Pfizer (PFE)… pill could be good… no death, hospital lessenedI have Bausch Health (BHC) CEO on Mad Money tonight… It is the long awaited break up into three companies… I think that the parts are worth much more than the whole.SVB Financial Group (SIVB)… down almost 100 points but is better with MoffettNathanson… may be worth another look…Doximity (DOCS)… hold to sell JP Morgan… pretty severe…Cathie Wood buying Endeavor Group Holdings (EDR)… 139,000 shares… kind of hard to understand…Dell Technologies (DELL) downgraded at Evercore ISI and then JPMorgan removed from focus list… JPM cites 50% appreciation YTD…. but keeps buy rating… Evercore says incremental price appreciation only… too highPiper says Dollar Tree (DLTR) response to Mantle Tree “fell flat”… says some of Mantle nominations have merit…Kroger (KR) cuts back benefits for the unvaccinated…Starbucks (SBUX) union drive is not over… did they hire the wrong people?… a union organizer was hired, first mistake… second: were the Buffalo stores really well run or not? … Baird price target cut from $128 to $126… worried about negative state-owned media coverage in China… Bloomberg says they are trying to organize in Boston…Zscaler (ZS)… JPMorgan downgrades… cites limited upside, valuation riskCloudflare (NET) downgraded hold to sell JPMorgan–heresy…CrowdStrike (CRWD) upgraded hold to buy JPMorgan–compressed valuation… analyst is Sterling Auty… importantDiscovery (DISCA) could double according to Citi… says it deserves a higher price -to-sales ratio…Bank of America upgrades Apple (AAPL) hold to buy…now?… had $160 price target since April 28th… says AR the killer app for new phone… downgraded on August 5th 2020…new target $210…McDonald’s (MCD)…price target raised $255 to $295 BTIG–channel checksJPMorgan goes hold to buy on NOV Inc. (NOV) the old National Varco…saying there is strong demand, new wave of global upstream drilling… will benefit themAecom (ACM)… Baird says good book of business…but it I think this is a primary infra stock…PayPal (PYPL) price target cut from $275 to $225 at Mizuho…cites hidden risks…Nike (NKE) pt raised $166 to $199 at Deutsche Bank…reports 20th… they think will be better…Block (SQ) – (Square)- $380 to $295 pt lowered by Mizuho…again, citing hidden risks…also takes Affirm (AFRM) $180 to $140… hidden risk.Musk Time person of the year…attacks Facebook … makes point on autonomous cars: “The deaths would drop dramatically.”

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