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After a slight rise in stock prices on Friday, CNBC’s Jim Cramer advised investors not to underestimate the slightly profitable markets.
The· S & P 500 It crawls 0.19% higher to 4,247.44, a record high.
“Some would say it’s calm before the storm … I learned long ago that you never short a dull market.”Flirt“The good news is that the market has continued to curb negative movements, including yesterday’s scorching inflation, as it has regained calm to reach record highs,” the organizers said.
Last week, Wall Street turned its attention to Tuesday’s producer price index data and information from the Federal Reserve Board on Wednesday. The producer price index, which measures the amount a company pays a producer for a product, may also be high, Kramer said.
In any case, he said investors may be able to find opportunities in the market.
“Find a relatively cheap stock of a good company, and you can buy it cheaply for this genuine Wall Street Gibberish that unfairly pushes some stocks down,” he said. “It makes no difference to me or Cramerica whether they are valuable names or growth names.”
Cramer provided viewers with a preview of the upcoming Corporate Revenue Report circled in the calendar. Revenue and earnings per share forecasts are based on FactSet estimates.
- Fourth Quarter 2021 Financial Results Announcement: After the Market.Conference call: 5 pm
- Expected EPS: $ 1.31
- Expected Revenue: $ 11,020 Million
“This boring, old-fashioned enterprise software company has seen a 28% surge in stock prices so far, thanks to the remarkable acceleration of its core business,” Cramer said. “I must be reporting a good quarter.”
- 2021 Q2 Financial Results Announcement: After the Market.Conference call: Thursday, 10:30 am
- Expected EPS: $ 2.37
- Expected revenue: $ 6.1 billion
“Former CEO and current chairman, Stuart Miller, likes to tell you the state’s state of housing in the conference call,” he said. “We know that the wood is down, but the raw materials that go into the house have had huge inflation, but the final cost has hardly risen. It’s the ingenuity of these great builders. Thanks to. “
- First quarter 2021 financial results announcement: In front of the market.Conference call: 10 am
- Forecast EPS: 98 cents
- Expected revenue: $ 39.56 billion
“Kroger’s stock has become an outstanding performer, because it is a major beneficiary of inflation,” Kramer said. “I really expect a great number from Kroger, many people don’t think about it.”
- Announcement of financial results for the third quarter of 2021: In front of the market.Conference call: 8:30 am
- Expected EPS: $ 1.04
- Expected revenue: $ 6.95 billion
“Jabil has a lot of deals with Apple, and Wall Street loves to play stupid guessing games by trying to extrapolate Jabil’s results to Apple’s results,” he said. .. “I wish they could focus on Jabil itself. Jabil rose 36% annually. This is another unpublished stock of a disgraceful company in the bull market. is.”
- 2021 Q2 Financial Results Announcement: After the Market.Conference call: 5 pm
- Expected EPS: $ 2.81
- Expected revenue: $ 3.73 billion
“Recently [this] The stock is meandering and is usually the best time to buy it. “
Don’t underestimate the small profits of the market
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