My high 10 issues to look at Monday, Nov. 24 1. The S & P 500 was headed for the next open early this morning because the inventory market tried to rally throughout this shortened vacation buying and selling week. It is a rebound that began on Friday after dovish remarks from New York Fed President John Williams boosted hopes of a December rate of interest lower. Authorities shutdown-delayed September information on retail gross sales and producer costs will likely be launched this week. That is additionally the ultimate buying and selling week of November — and as of Friday’s shut, the S & P 500 misplaced 3.5% for the month. A decrease November would make it back-to-back destructive months. 2. Salesforce CEO Marc Benioff over the weekend mentioned Google’s Gemini 3 is a lot better than OpenAI’s ChatGPT. “I’ve used ChatGPT day-after-day for 3 years. Simply spent 2 hours on Gemini 3. I am not going again,” Benioff wrote on X yesterday. I feel that is the massive story proper now, as I wrote in my Sunday column . Google-parent Alphabet has been on a tear, up roughly 60% 12 months to this point. Is ChatGPT a has-been? It is a breakout that would problem ChatGPT very quickly. Salesforce is a Membership inventory. 3. Novo Nordisk inventory plunged greater than 10% to a four-year low this morning after the pharmaceutical big did not meet its objective in a extremely anticipated trial for Alzheimer’s illness. The trial examined whether or not semaglutide, an ingredient in Novo’s GLP-1s Wegovy and Ozempic, helped decelerate the impression of the commonest type of dementia. Membership holding Eli Lilly is a rival to Novo, with its blockbuster weight-loss medication Mounjaro and Zepbound. 4. Bernstein raised its worth goal on Eli Lilly to $1,300 from $1,100, and stored a purchase score on the inventory. Analysts say the anticipated upcoming launch of Lilly’s oral GLP-1 drug, known as Orforglipron, will result in an earnings upside over the subsequent two years. Bernstein additionally cited the U.S. drugmaker’s enlargement abroad and the Trump administration’s GLP-1 pricing deal. 5. Merck inventory was upgraded to a purchase from a maintain at Wells Fargo. Analysts, who raised their worth goal to $125 from $90, predict extra income upside for Merck resulting from progress within the drugmaker’s growth pipeline and new launches. It is dawning on the evaluation that Merck and all the pharma sector are doing higher than anticipated. 6. Wedbush mentioned this morning that Carvana is the used automotive king. The analysts mentioned the inventory’s current underperformance is a chance, upgrading their score on shares to a purchase from maintain and climbing their worth goal to $400 from $380. I feel Carvana might personal the market. I want I had emphasised this in my new ebook, “The right way to Make Cash in Any Market.” 7. JPMorgan elevated its worth goal on Iren to $39 from $28 however stored its promote score. Shares of the Australia-based information heart firm have gained greater than 330% 12 months to this point. The promote was proper, however the PT bump reveals the decision was made too early. Iren’s services are used for bitcoin mining and AI cloud companies. 8. Residents JMP raised its Lemonade worth goal to $80 from $60 and maintained its purchase score. The analysts mentioned the digital insurance coverage supplier is in it for the long term and is gaining share. The inventory has superior greater than 80% 12 months to this point. Lemonade shares jumped 34% on Nov. 5 alone, after better-than-expected quarterly outcomes. 9. Goldman Sachs began protection of Waste Administration with a purchase score and a $256 worth goal. The analysts mentioned that the corporate has good natural development and a strong monitor report. I feel this inventory, which trades at a reduction to its rivals, can work on this market. 10. Citi initiated protection of Cadence Design with a purchase score and a $385 worth goal. The analysts mentioned the corporate, which makes software program for chip design and verification, is the spine of the subsequent development part of AI. Cadence has notable partnerships with Taiwan Semi and Membership identify Nvidia. Join my Prime 10 Morning Ideas on the Market e-mail publication without spending a dime (See right here for a full checklist of the shares at Jim Cramer’s Charitable Belief.) As a subscriber to the CNBC Investing Membership 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 inventory in his charitable belief’s portfolio. 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