Jim Cramer's top 10 things to watch in the market Tuesday: Dow workhorses, iPhone woes, JNJ setback - CNBC

1. Will the outperformance of speculative stocks continue? The market's worst performers of 2022 —including crypto, SPACs and unreality bundle stocks — are immoderate of the biggest winners successful this year's rally. Stay away. As I wrote Sunday, I spot this arsenic a infinitesimal to rotate into mature stocks that are aligned with the alleged old, oregon real, economy.

2. You'll find galore of these existent system stocks, oregon workhorses, successful the Dow. We took a look astatine its 30 members to amusement however they lucifer up with the names we ain successful the Trust.

3. UBS says iPhone sell-through, oregon income to extremity users, was down 12% successful the 4th fourth of 2022 arsenic a effect of proviso concatenation disruptions; it maintained a bargain standing connected Apple (AAPL). Let's fig that's present consensus, which would spot the banal astatine astir $130.

4. Apple is 1 of 9 Club stocks that study quarterly net this Thursday. The database includes concern conglomerate Honeywell International (HON), Starbucks (SBUX) and tech elephantine Alphabet (GOOGL). These reports and league calls should supply large intel connected the authorities of the U.S. economy. Here's our breakdown of Thursday's schedule, including analysts' estimates for earnings-per-share and revenue.

5. McDonald's (MCD) posted truly large numbers — topping net and gross estimates. But the marketplace doesn't similar it, which is stupid. Share fell much than 1% successful the premarket.

6. Johnson & Johnson (JNJ) won't beryllium capable to usage the bankruptcy instrumentality to offload tens of thousands of lawsuits implicit its talc products. A U.S. appeals tribunal ruled the health-care conglomerate improperly placed a subsidiary successful Chapter 11 adjacent though it is not successful fiscal distress. Remains a mess. The institution has already paid $3 billion.

7. Humira's days arsenic the best-selling cause extremity contiguous arsenic Amgen (AMGN) starts selling a adjacent identical biologic. AbbVie (ABBV), which makes the injectable attraction for rheumatoid arthritis, expects 45% driblet successful income successful 2023. That's mostly priced into the stock, which sells astatine a debased multiple.

8. Caterpillar (CAT) income roseate 20% successful the 4th fourth of 2022 connected beardown request for its operation equipment. This is truly a large quarter, but banal is being treated severely by market.

9. Deutsche Bank sees improving enactment and ratio astatine Disney (DIS). New CEO Robert Iger volition usage his ain plan, volition integrate Hulu better.

10. The astonishing diminution successful earthy state is thing to observe arsenic it is utilized successful galore things. Prices fell to the lowest level successful astir 2 years connected Monday, acknowledgment to an unseasonably lukewarm winter.

(See here for a afloat database of the stocks successful Jim Cramer's Charitable Trust.)

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