What Jim Cramer sees on Tuesday, including big talks to Apple and IBM

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• Was bounceback, best in two years, for real or not for real? … finally oversold in S&P … 10 years — if over 1.76 we get a new sale?
• adds JPMorgan Las Vegas Sands (LVS) to analysts focus list … value choices … these stocks have been cruel … Charitable trust owner Wynn (WYNN) as with PayPal (PYPL), has been our worst …
• Piper Sandler says so Bank of America (BAC) is the major bank to own in 2022 …
• Paychex (PAYX)… Cowen says the right stock to own in 2022 – but it has been the right stock to own for ages … says healthy upside to consensus estimates through 2024 …
• Nucor (NUE)… Wolfe takes it from wait to sell – this is a bad call if we get an infrared bill or if the eps estimates remain low … we own it from the trust and can buy some … Wolfe also takes Cleveland-Cliffs (CLF) buy to keep; US Steel (X) hold to sell …
• Wolfe upgrades L3Harris (LHX)… yesterday Wells did the same … does not report until the 28th …
• Goldman goes buy to hold American Tower (AMT)… says that moving to data space can create lower multiples …
• Goldman switches Verizon (VZ) and T-Mobile (TMUS) Purchase and Conviction Purchase — TMUS now Conviction Purchase …
• Pfizer (PFE) added to United States a list at Bank of America … takes Goldman (GS) of…
• Now Morgan Stanley is trying to get airlines going from selling to holding on this time American Airlines (AAL) – says strong benefit of rising tides in 2022 …
• Centene (CNC)… Bernstein $ 94 to $ 108 — on margin expansion …
• Bernstein starts Danaher (DHR) with outperform: like it before Covid and after Covid … CEO increases 4Q income figures to an area from high teens to low-twenty-percent year-over-year … estimates on Factset were looking for about 16%. .
• PayPal (PYPL)—Raymond James calls it a show-me-story … $ 264 down to $ 229 — tough competitions …
• Take-Two (TTWO)… MoffettNathanson downgrades … cites change in narrative that goes against free play; companies used to dislike free games – very competitive … they had missed out on mobile …
• Bernstein lowers PT Humana (HUM), but interesting …
• Domino’s Pizza (DPZ) reintroduced with a purchase in Bank of America, Yum Brands (YUM) with a team …
• Great encouragement: Bernstein (Toni Sacconaghi) a skeptic, raises his course goal Apple (AAPL) $ 132 to $ 170 – big pandemic winner … HP Inc. (HPQ) PT $ 32 to $ 40 … Bernstein grabs to buy Dell Technologies (DELL), $ 72 target … say recipients of a tight PC market and it may change supermost majority share …
• Citi adds AT&T (T) to catalyze watch list … $ 29 target …
• Lululemon (LULU) … UBS – says you have to buy it due to return in January … Baird and Citi lower the price targets …
• Deutsche Bank says take in profits Alcoa (AA) after historic run … doubled since they upgraded …
• Active (APTV) to buy Wind River from TPG for $ 4.3 billion – expanding car software provider … fastest growing segment …
• AMD (AMD) hold to buy at Keybanc … bought it yesterday for the club … say cloud, Xilinx good move, will surpass others …
• Morgan Stanley’s Jonas Raiser Tesla (TSLA) $ 1200 to $ 1300 … in China …
• Starbucks (SBUX)… organized in another store …
• Five under (FIVE)… JPMorgan repeats buy BUT cuts numbers … PT $ 266 to $ 252 …
• Intel (INTC) takes Zinsner from Micron (MU)—He is fantastic … But KeyBanc goes on to say that Intel lacks catalysts … “death with a thousand cuts” -competitive weaknesses, Foundry till take longer ..
• Shopify (SHOP)… buy to hold on to Atlantic Equities … cite fulfillment networks that cost more than people thought …
• DraftKings (DNKG) $ 46 to $ 27 at Deutsche Bank … “intensive advertising environment”
• IBM (IBM)—UBS lower estimates and downgrades to sell … says that IT use decline and rotation drives multi-expansion creates risk … Lowers EPS estimates for 4th quarter 2021, ’22 and ’23 by 18%, 12% respectively, 10% … sees speed and EPS of $ 16.3B and $ 3.22 for 4Q21, down from $ 20.9B and $ 3.90 … brutal …

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(Jim Cramer’s Charitable Trust has long been WYNN, PYPL, NUE, DHR, AMD.)