The Club’s 10 things to watch Tuesday, Sept. 16 1. The S & P 500 and Nasdaq are set for a better open this morning, aiming to prolong yesterday’s features. Both indexes closed at file highs to kick off the week. Retail gross sales elevated 0.6% month over month in August, the Census Bureau mentioned, exceeding expectations of a 0.2% acquire. It’s the final key financial studying forward of the Federal Reserve’s rate of interest choice tomorrow afternoon. 2. Club title Amazon’s value goal was elevated to $270 from $250 at Truist. The agency’s card information by way of Sept. sixth exhibits Amazon’s North American income monitoring about $1 billion above the consensus estimate. Also, Amazon introduced its two-day October gross sales occasion to kick off the vacation buying season. 3. Shares of Oracle had been rallying in premarket buying and selling on a CBS News report that it’s amongst a gaggle of companies that will run TikTok’s U.S. operations, which might enable the wildly standard social-media app to keep away from a ban in the nation. TikTok’s ad-targeting prowess makes it an actual asset to whichever firms personal it , Jim Cramer mentioned yesterday. 4. Mizuho raised its value goal on Micron to $182 from $155 forward of earnings subsequent Tuesday. The analyst sees upside to excessive bandwidth reminiscence (HBM) estimates pushed by the ramp of Club title Nvidia’s Blackwell Ultra chip. Micron shares are up a blistering 30% over the previous month. 5. Wells Fargo financial institution analyst Mike Mayo reiterated his “Goliath is Winning” thesis, which means the largest banks are performing finest in this surroundings. Mayo raised his value goal on overweight-rated Goldman Sachs , a Club stock, and Bank of America , Citigroup and JPMorgan . He additionally upped its PT on hold-rated Morgan Stanley . 6. Microsoft introduced late yesterday a 10% enhance to its quarterly dividend. The new annualized yield is about 0.7%, up from 0.6%. This enhance is in line with the firm’s 5 12 months common, per Morgan Stanley. While the dividend yield is tiny, analysts famous the firm has over $55 billion remaining in its present buyback authorization. That makes its capital return technique extra formidable. 7. Citi bumped up its value goal on Nike to $74 from $68 however maintained its impartial ranking. The analyst expects an earnings beat when the firm stories on Sept. 30, pushed by higher gross sales and decrease promoting, basic, and administrative bills. Inventory ranges are anticipated to be “clean” by the finish of the fiscal second quarter. Jim has warmed on Nike’s turnaround. 8. Union Pacific caught an improve for the second day in a row. This time, Loop Capital eliminated its promote ranking and upgrading to maintain with valuations close to the backside of the railroad operator’s 5 12 months vary. Union Pacific and Norfolk Southern are attempting to get their megamerger accepted by regulators. 9. Novo Nordisk was upgraded to purchase at Rothschild & Co. on what analysts name a gorgeous valuation. Novo additionally introduced its once-weekly weight reduction drug Cagrilintide confirmed a mean weight lack of 11.8% in a late-stage research. Cagrilintide targets a distinct hormone than GLP-1s on the market. Separately, JPMorgan lowered its PT on Club title Eli Lilly to $1,050 from $1,100 however stored an chubby purchase ranking. 10. Bank of America upgraded industrial actual property proprietor Prologis from maintain to purchase and raised its value goal to $130 from $118. The analyst believes company decision-making is beginning to enhance, main to a better conversion of recent lease proposals. Sign up for my Top 10 Morning Thoughts on the Market e-mail e-newsletter at no cost (See right here for a full checklist of the shares at Jim Cramer’s Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you’ll obtain a commerce alert earlier than Jim makes a commerce. Jim waits 45 minutes after sending a commerce alert earlier than shopping for or promoting a stock in his charitable belief’s portfolio. If Jim has talked a couple of stock on CNBC TV, he waits 72 hours after issuing the commerce alert earlier than executing the commerce. 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.