Tuesday, May 17, 2022
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Have your purchase checklist prepared for ‘hideous moments’


CNBC’s Jim Cramer on Friday previewed subsequent week’s main company earnings reviews after Wall Avenue capped off a wild week full of main intraday strikes for the main U.S. inventory indexes.

“Subsequent week is the final actually laborious week of earnings season,” the “Mad Money” host mentioned. Nevertheless, he added, “I say every day will likely be managed not by earnings, however by the wild motion within the S&P futures … so have your buys prepared for these hideous, nauseous moments as a result of … I wager there will likely be extra forward.”

All earnings and income projections are from FactSet.

Jim Cramer’s sport plan for the buying and selling week that begins Jan. 31.

Mad Cash with Jim Cramer

Monday: Otis Worldwide and NXP Semiconductors

Otis Worldwide

  • This fall 2021 earnings earlier than the bell; convention name at 8:30 a.m. ET Monday
  • Projected EPS: 69 cents
  • Projected income: $3.59 billion

Cramer mentioned he’ll be listening to see whether or not the elevator firm’s enterprise in China is lastly slowing down and the way the U.S. is “holding up.” He famous that Otis has a strong pulse on the state of large-scale development globally.

NXP Semiconductors

  • This fall 2021 earnings after the shut; convention name at 8 a.m. ET Tuesday
  • Projected EPS: $3.01
  • Projected income: $3 billion

The semiconductor agency ought to supply insights into the chip crunch that is weighed on the automotive business, Cramer mentioned, asking rhetorically whether or not NXP will be capable to meet demand. “I certain hope so,” he mentioned.

Tuesday: Exxon Mobil, Alphabet, AMD, PayPal, Basic Motors and Starbucks

Exxon Mobil

  • This fall 2021 earnings launch earlier than the open; convention name at 9:30 a.m. ET Tuesday
  • Projected EPS: $1.94
  • Projected income: $85.01 billion

Cramer mentioned that if Exxon Mobil reviews a “so-so quantity” that causes the shares of different oil and fuel firms to say no, traders ought to use that weak spot as a chance to purchase Chevron.

Alphabet

  • This fall 2021 earnings after the shut; convention name at 5 p.m. ET Tuesday
  • Projected EPS: $27.80
  • Projected income: $72.23 billion

Cramer mentioned the Google mum or dad firm’s earnings are typically controversial, suggesting that even a really robust quarter might not translate to robust positive factors for the inventory. “My suggestion? If it is actually good, put it in your purchasing checklist [and] anticipate the subsequent market-wide swoon” to do some shopping for, he mentioned.

AMD

  • This fall 2021 earnings after the bell; convention name at 5 p.m. ET Tuesday
  • Projected EPS: 75 cents
  • Projected income: $4.47 billion

Cramer mentioned he thinks the sell-off in AMD shares thus far in 2022 is significantly overdone, with the chipmaker’s inventory down almost 27% 12 months so far. Whereas proudly owning AMD, as his charitable belief does, might be “a troublesome chore” at instances, Cramer mentioned he believes the inventory has gotten too low cost at these ranges and beneficial shopping for shares to take benefit.

PayPal

  • This fall 2021 earnings after the shut; convention name at 5 p.m. ET Tuesday
  • Projected EPS: $1.12
  • Projected income: $6.9 billion

Cramer famous PayPal has been a horrible performer for his charitable belief. The inventory has been almost lower in half since its highs in July and continues to be being punished by Wall Avenue, Cramer mentioned, an indication that development is out of fashion in the mean time. He mentioned he’ll be listening to see if CEO Dan Schulman can supply commentary that turns the tide of sentiment round for PayPal shares.

General Motors

  • This fall 2021 earnings after the bell; convention name at 5 p.m. ET
  • Projected EPS: $1.16
  • Projected income: $35.75 billion

GM shares are low cost, Cramer mentioned, and if the Avenue actually is favoring worth over development shares at this second, the “Mad Cash” host believes that is constructive information for the Detroit automaker’s inventory.

Starbucks

  • Q1 2022 earnings launch after the shut; convention name at 5 p.m. ET
  • Projected EPS: 80 cents
  • Projected gross sales: $7.98 billion

Cramer mentioned he’ll be monitoring to see if administration addresses among the explanation why the espresso chain’s shares are down about 17% 12 months so far, together with unionization efforts at some U.S. shops, the Covid omicron variant and China’s pre-Olympic lockdown.

Wednesday: Meta Platforms and AbbVie

Meta Platforms

  • This fall 2021 earnings after the bell; convention name at 5 p.m. ET Wednesday
  • Projected EPS: $3.85
  • Projected income: $33.36 billion

Cramer mentioned shares of Fb’s mum or dad firm seem low cost based mostly on 2022 earnings estimates, noting that criticism of the social media big has quieted just lately. He mentioned he thinks the inventory is price proudly owning right here.

AbbVie

  • This fall 2021 earnings earlier than the open; convention name at 9 a.m. ET Wednesday
  • Projected EPS: $3.28
  • Projected gross sales: $14.96 billion

Shares of AbbVie have carried out properly just lately, up almost 26% over the previous three months. For that purpose, Cramer mentioned traders ought to anticipate the quarterly report earlier than making any choices on the inventory.

Thursday: Eli Lilly, Honeywell, Ford and Amazon

Eli Lilly

  • This fall 2021 earnings earlier than the bell; convention name at 9 a.m. ET Thursday
  • Projected EPS: $2.45
  • Projected income: $7.69 billion

Honeywell

  • This fall 2021 earnings earlier than the bell; convention name at 8:30 a.m. ET Thursday
  • Projected EPS: $2.08
  • Projected gross sales: $8.73 billion

Cramer famous each Eli Lilly and Honeywell are shares that he is been recommending recently for members of the CNBC Investing Membership.

Ford

  • This fall 2021 earnings after the bell; convention name at 5 p.m. ET Thursday
  • Projected EPS: 45 cents
  • Projected gross sales: $41.23 billion

Cramer mentioned he is trying ahead to listening to updates on Ford’s F-150 Lightning, calling the electrical pickup truck arguably the corporate’s most fun new providing in a long time.

Amazon

  • This fall 2021 earnings after the shut; convention name at 5:30 p.m. ET Thursday
  • Projected EPS: $3.72
  • Projected income: $137.73 billion

Shares of Amazon will not be cherished proper now, Cramer mentioned, because the inventory is down 13.64% 12 months so far and 11% over the previous 12 months. Nevertheless, he mentioned he stays a believer within the e-commerce and cloud computing big. He beneficial traders anticipate the quarterly report earlier than doing something with the inventory, although.

Friday: Regeneron and Bristol-Myers Squibb

Regeneron

  • This fall 2021 earnings earlier than the bell; convention name at 8:30 a.m. ET Friday
  • Projected EPS: $20.10
  • Projected gross sales: $4.51 billion

Cramer mentioned he is searching for the pharmaceutical firm to inform a very good story — not about its Covid antibody remedy, however slightly new medication for bronchial asthma and different illnesses.

Bristol-Myers Squibb

  • This fall 2021 earnings earlier than the open; convention name at 8 a.m. ET Friday
  • Projected EPS: $1.80
  • Projected income: $12.08 billion

Cramer mentioned he thinks shareholders will like what Bristol-Myers Squibb has to say concerning the medication it gained via acquisitions of Celgene and Myokardia.

Sign up now for the CNBC Investing Membership to observe Jim Cramer’s each transfer available in the market.

Disclosure: Cramer’s charitable belief owns shares of Ford, Amazon, AbbVie, Meta Platforms, Alphabet, AMD, Eli Lilly, Honeywell and PayPal.



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