10 things to watch in the stock market Thursday including the latest call on Nvidia

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Jim Cramer,Investment Strategy,Markets

Nvidia is on track to climb even higher in Thursday's session. Plus, there's a bullish call on another AI chipmaker.

My top 10 things to watch Thursday, June 20 Wall Street is looking to extend its record rally Thursday with the Nasdaq once again leading the way. The tech-heavy index is riding a seven-session winning streak. The S & P 500 , meanwhile, has climbed in six of the past seven trading days. U.S. markets were closed Wednesday for the Juneteenth holiday. Nvidia shares are higher as the leading artificial intelligence chipmaker is poised to extend its lead as the most valuable public company.

products include antennas and missile instrumentation solutions. Keybanc raised its price target on Club holding Meta Platforms to $540 a share from $475, citing a "meaningful uptick" in ad prices. That implies about 8% upside from Tuesday's close. The analysts now think the social media giant's second quarter revenues will "approach" the high end of guidance.

products include antennas and missile instrumentation solutions.to $540 a share from $475, citing a "meaningful uptick" in ad prices. That implies about 8% upside from Tuesday's close. The analysts now think the social media giant's second quarter revenues will "approach" the high end of guidance.has sat out the recent AI rally, but Piper Sandler called the stock its top large-cap semiconductor pick for the second half of the year following a meeting with management.

 

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