Jim Cramer, host of CNBC’s “Mad Money,” provided insight into next week’s key Wall Street events, emphasizing earnings reports from Nvidia, TJX, and Walmart. While the postelection atmosphere introduces market uncertainties, Cramer advised cautious investment strategies. He warned of pitfalls in stocks related to “Trump 2.0” but identified these as potential buying opportunities, recommending patience in buying on dips due to recent stock surges.
On Monday, Cramer will watch Vertiv’s investor meeting, highlighting the company’s resilience to political changes and suggesting opening a small position with caution. For Tuesday, he discussed upcoming earnings from Walmart, Lowe’s, Medtronic, and Viking Holdings. Cramer endorsed the retailers but advised waiting for price dips, noting Lowe’s benefits when federal interest rates fall. He praised Medtronic’s use of AI in medical devices and saw potential in Viking’s stock.
Wednesday features earnings from TJX, Target, and Williams-Sonoma. Cramer recommended a “wait and see” approach for Target amid tariff concerns, pointed out TJX’s history of post-report sell-offs, and highlighted Williams-Sonoma’s potential during rate cuts. He cautioned about possible post-earnings sell-offs for Nvidia and Palo Alto Networks.
On Thursday, Gap and Intuit report earnings. Cramer suggested buying Gap in anticipation of their quarterly results but remained unenthusiastic about Intuit until its stock price cools. Procter & Gamble’s and GE Healthcare Technologies’ investor days on Thursday offer valuable insights into challenges such as tariffs and raw material costs, with promising narratives likely to appeal to investors.
For deeper involvement with Cramer’s investment strategies, viewers can join the CNBC Investing Club. Note that the CNBC Investing Club Charitable Trust holds shares in several companies discussed.
Original Story https://www.cnbc.com/2024/11/15/jim-cramer-nvidia-tjx-walmart-earnings.html
Category :
Tags:
