Group 1 - The S&P 500 was flat on Monday, while the Nasdaq advanced due to a rally in Amazon shares following a $38 billion cloud commitment from OpenAI, which is seen as a positive sign for the market [1] - Nvidia received a significant price target increase from Loop Capital, raising it from $250 to $350 per share, indicating that these tech companies may be undervalued [1] - Costco was highlighted as a top pick by Oppenheimer, with a revised price target of $1,050 from $1,130, suggesting that the stock is trading at a more attractive valuation [1] Group 2 - Eaton announced a $9.5 billion acquisition of Boyd Thermal, which is expected to enhance Eaton's portfolio in thermal management products, particularly for data centers, with Boyd forecasting sales of $1.7 billion for 2026 [1] - The acquisition is anticipated to positively impact Eaton's stock performance due to its strategic alignment with data center operations [1] - Stocks mentioned in the rapid-fire segment included Kimberly-Clark and Berkshire Hathaway, indicating ongoing interest in these companies [1]
Jim Cramer calls this retailer a buy after Oppenheimer names it a top pick