Happy Monday afternoon to everyone on The Street. Here's a snapshot of where markets ended the trading session, plus tomorrow's trade idea delivered to you today.

• 🟩 | US stocks rose today as President Trump appeared to soften his tariff stance.

• 📈 | One Notable Gainer: Tesla’s $TSLA ( ▼ 3.65% ) stock bounced back in the wake of CEO Elon Musk’s surprise all-hands meeting, after nine straight down weeks, its longest weekly decline on record.

• 📉 | One Notable Decliner: Shares of 23andMe $ME ( ▼ 14.26% ) plunged after the DNA testing company filed for Chapter 11 bankruptcy protection and its CEO resigned.

Sponsored by Centurion Publishing

SHOCKING Footage from Strange South Carolina Facility…

This isn’t some AI data center, government facility, Tesla factory or Amazon plant… But the technology being implemented here could soon begin to usher in $24 trillion of new wealth.

Click here to watch as chief investment analyst Matt McCall reveals exactly what’s going on PLUS his top 3 picks to profit from the massive tech rollout.

MARKET MOVERS

Visa, Lockheed, ViaSat

$V ( ▼ 1.54% ) Sam Altman’s World Network in Talks With Visa for Stablecoin Payments Wallet (CoinDesk)

$BA ( ▼ 3.02% ) / $LMT ( ▼ 0.3% ) Boeing Gains and Lockheed Stock Falls Further After Fighter Jet Upset (Barron’s)

$VSAT ( ▼ 4.53% ) ViaSat stock rises on Deutsche Bank upgrade (Investing.com)

$SMCI ( ▲ 0.03% ) Super Micro Computer downgraded to Sell by Goldman Sachs (YF)

$AZEK ( ▼ 0.2% ) Australia’s James Hardie to acquire US-based AZEK in $8.8 billion deal (CNBC)

OVERHEARD ON THE STREET

WSJ: Trump narrowed the upcoming tariffs, with those on industries like cars and microchips no longer expected to be announced on April 2.

CNBC: However, Trump did say that countries purchasing oil from Venezuela will face a 25% tariff on trade with the US, starting April 2.

AP: Experts expect more fraud and identity theft this tax season, amid IRS uncertainty.

CNN: Hyundai $HYMTF ( ▼ 3.02% ) will announce a $20B investment in US on-shoring, including a $5B steel plant in Louisiana, the White House confirmed.

BI: Coca-Cola $KO ( ▲ 0.06% ) worked to discredit science linking sugary sodas to deadly diseases.

TOMORROW’S TRADE IDEA, TODAY

This Cryo Stock Is Heating Up

Thawing Out

Cryoport’s $CYRX ( ▼ 4.13% ) stock has been slipping like ice. But UBS $UBS ( ▼ 1.27% ) believes it is high time for a big thaw.

The bank just bumped the biopharma play up to Buy, citing its scalability. Analyst Dan Leonard’s new price target of $10 implies an upside of more than 40% from today’s close.

Down, Not Out

Cryoport offers a derivative way to play the biopharma space, per CNBC reporting. And according to UBS, now is an attractive time to buy in.

Its shares are down nearly 60% over the past 12 months, as the small-cap has been particularly exposed to recent market volatility, not to mention broader weakness in biopharma stocks. But UBS believes it won’t stay down for long.

As the world’s largest manufacturer of cryogenic storage systems, the company provides key supply chain management for the gene therapy sector. In other words, unlike individual companies, which may live or die on the efficacy of a single treatment, demand for Cryoport might not be going anywhere.

Scaling & Surging

Leonard also pointed to Cryoport’s ability to scale up its offerings, which he predicts will lead to positive free cash flow in 2027, not to mention sales growth.

The company’s stock is already surging on the upgrade. But the average analyst price target of around $11 — compared to today’s close of $7.10 — suggests CYRX still has further to climb.

In recent months, Cryoport has been on ice. But UBS believes investors who want exposure should grab it now, before the hot stock becomes too slick to hold.

ON OUR RADAR

WSJ: China’s armed forces are prepared to blockade Taiwan, an act of war that could trigger a global crisis, military response, and severe sanctions on Beijing.

Quartz: Apple is investing $99M in China as part of its plan to transition to a 100% renewable energy supply chain by 2030.

CNBC: The FBI launched a task force to investigate attacks targeting Tesla, led by CEO and DOGE head Elon Musk.

Bloomberg: Trump's bid to vacate an order against gang deportations was denied, escalating the standoff between the courts and the White House.

Detroit Free Press: Dairy Queen $BRK.B ( ▼ 1.72% ) is offering 85-cent small Blizzards to celebrate its 85th birthday.

FRIDAY’S POLL RESULTS

Are you bullish or bearish on Boston Beer Co (SAM) over the next 12 months?

🟨🟨🟨🟨🟨🟨 🐂 Bullish

🟨🟨🟨🟨🟨🟨 🐻 Bearish

And, in response, you said:

• 🐂 Bullish — “When times are good, people drink; when times are tough, people drink more.”

• 🐻 Bearish — “With Gen Z drinking less, drinks company stocks are doomed.”

This message is a paid advertisement for Cadiz Inc (NASDAQ: CDZI). The Street Sheet (SS) receives a flat fee totaling up to $7,500 from West Coast Media LLC. Other than the compensation received for this advertisement sent to subscribers, The Street Sheet and its principals are not affiliated with Cadiz Inc. The Street Sheet and its principals do not own any of the stocks mentioned in this email or in the article that this email links to. The Street Sheet is a research service not owned or managed by registered brokers and therefore this site does not make any investment recommendations. The information provided in this newsletter is not guaranteed as to the accuracy or completeness. Each user of SS chooses to do trades at their sole discretion and risk. SS is not responsible for gains/losses that may result in the trading of these securities. This newsletter includes paid advertisements. The source of all third-party content in which SS receives some sort of compensation is clearly and prominently identified herein as "ad", "Sponsored", or “Together With”. Although we have sent you these advertisements, SS does not specifically endorse any third-party product nor is it responsible for the content, the accuracy, or the completeness of the advertisement or the experience with the third-party advertiser. Furthermore, we make no guarantee or warranty about what is in the advertisement. All investments involve risk, losses may exceed the principal invested, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. This communication from The Street Sheet is for informational purposes only. It is not intended to serve as a recommendation to buy, sell, or hold any security and is not an offer or sale of a security. Information contained within should not be perceived as a research report and is not intended to serve as the basis for any investment decision. Any third-party views reflected herein do not reflect the opinion of The Street Sheet. All investments involve risk and the past performance of a security does not guarantee future results or returns. There is always the potential for financial loss when investing in securities or other financial products. The information contained in this newsletter is subject to change without notice, and we do not undertake any obligation to update it. Readers are encouraged to conduct their own research and due diligence and seek advice from licensed professionals regarding their specific financial needs and circumstances. By reading this newsletter, you agree to hold us harmless from any and all losses, liabilities, costs, or expenses arising from your use or reliance on the information provided. There is no warranty as to the accuracy or completeness of the factual matters included in any advertisement or sponsored content in the newsletter. You have not performed any research on any entity, or its business, that advertises or submits any sponsored content. The Street Sheet is reader-supported. When you buy through links on our site, we may earn a commission.