Johnson & Johnson : J & J agreed to buy medical technology company Shockwave Medical for $12.5 billion . The deal is expected to be dilutive to earnings per share early on, Jim Cramer said, though he acknowledged there's aspects to like. "The reason I like Shockwave is [J & J wants] to own the operating room, and this has a lot of AI. Ollie's Bargain Outlet : Shares rose more than 3% after analysts at Loop Capital upgraded the retailer to buy from hold. Snowflake : Following the stock's recent post-earnings and leadership-change pullback , analysts at Rosenblatt Securities upgraded the stock to a buy rating.

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