Tuesday's top 4 stocks to watch include Tesla, Mattel, and more.

After a three-day holiday weekend, Wall Street resumes trading on Tuesday with futures indicating a stronger opening. Here are a few stocks to keep an eye on on Tuesday:

Tesla (NASDAQ:TSLA) announced 405,278 deliveries in the fourth quarter, up 31% from the same period last year but falling short of Bloomberg's forecast of around 421K. Deliveries of all types of vehicles increased 40% overall in 2022. Separately, Reuters said that Tom Zhu, the company's China president, will assume new responsibilities, including managing the EV manufacturer's American assembly factories and its North American and European sales operations.

A significant Apple (AAPL) manufacturing plant is said to have reached 90% production. Bloomberg says that the Zhengzhou, China-based Foxconn facility has increased production after claims surfaced that it had dropped as low as 70% late last month.

After Stifel reduced its earnings projections for the toy manufacturer, Mattel (MAT) made a little decline in premarket trade. Stifel claimed that high retail inventories will hurt the company's bottom line by citing channel checks.

Before the opening bell, PayPal (PYPL) increased by more than 2% thanks to a supportive analyst comment. Truist changed its recommendation for the payment processor from Hold to Buy. Following the resignation of CFO John Rainey, analyst Andrew Jeffrey said, "We wouldn't be surprised by C-suite changes this year."

Look closely at the level of inflation projected for 2023 for further information on the general market.