Monday, March 17 is shaping up to be a crucial day for investors as Nvidia’s annual GTC conference takes center stage. The tech giant’s stock has seen significant gains in the days leading up to the event, driven by hype around its AI chip products. While some stocks may experience volatility due to President Trump’s shifting tariff policy, experts say “corrections are healthy.”
Here are Cramer’s top 10 picks to watch on Monday:
1. Nvidia (NVDIA) – Expect new details on its next-generation AI chips at GTC.
2. Apple (AAPL) – Analysts argue that the company’s free cash flow makes its stock a defensive play, despite recent delays in AI-enhanced Siri.
3. D-Wave and Rigetti Computing – Quantum computing stocks are hot again, with Nvidia holding a “quantum day” at GTC on Thursday.
4. Affirm (AFRM) – Shares fell 11% last week due to news that Klarna is replacing it as Walmart’s buy now, pay later loan provider.
5. Norwegian Cruise Line (NCLH) – JPMorgan upgraded the stock to a buy-equivalent rating, citing no change in demand despite economic worries.
6. Accenture (ACN) – Baird upgraded the stock ahead of earnings Thursday, citing improved prospects due to increased government spending.
7. Micron (MU) – Citigroup expects lighter-than-expected guidance, with analysts upbeat on the stock’s future prospects.
8. Reddit (RDB) – Redburn Atlantic started coverage with a sell rating, citing concerns over its reliance on Google for traffic and potential “material downside” to estimates.
9. Walmart (WMT) – Shares may be affected by Klarna’s decision to replace Affirm as its buy now, pay later loan provider.
10. Norwegian Airlines’ peers – The travel stocks have been hit hard by recent economic worries, but some analysts see a glimmer of hope.
As always, stay tuned for more market insights and analysis from Jim Cramer.
Source: https://www.cnbc.com/2025/03/17/jim-cramers-top-10-things-to-watch-in-the-stock-market-monday.html