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

Published Tue, Dec 14 20219:58 AM ESTUpdated Fri, Jan 14 202212:49 PM EST

(This article was sent first to members of the CNBC Investing Club with Jim Cramer. To get the real-time updates in your inbox, subscribe here .) What I am looking at, December 14, 2021: 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 lessened I 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 high Piper 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 risk Cloudflare (NET) downgraded hold to sell JPMorgan—heresy... CrowdStrike (CRWD) upgraded hold to buy JPMorgan—compressed valuation... analyst is Sterling Auty... important Discovery (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 checks JPMorgan 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 them Aecom (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." The CNBC Investing Club is now the official home to my Charitable Trust. It's the place where you can see every move we make for the portfolio and get my market insight before anyone else. The Charitable Trust and my writings are no longer affiliated with Action Alerts Plus in any way. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Typically, Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If the trade alert is sent pre-market, Jim waits 5 minutes after the market opens before executing the trade. If the trade alert is issued with less than 45 minutes in the trading day, Jim executes the trade 5 minutes before the market closes. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. See here for the investing disclaimer . (Jim Cramer's Charitable Trust is long NUE, AAPL, PYPL .)

Bundles of steel from Nucor Corporation sit for sale at Thompson Building Materials in Lomita, California, on Aug. 30, 2012.

Patrick Fallon | Bloomberg | Getty Images

(This article was sent first to members of the CNBC Investing Club with Jim Cramer. To get the real-time updates in your inbox, subscribe here.)