Get ready to be overwhelmed with earnings next week, Jim Cramer warned his Mad Money viewers Friday. The earnings will be coming in hot, he said, which means investors need to focus on just a few stocks and use the conference calls to make informed decisions. There is no room for error during the heart of earnings season.
Cramer’s game plan for next week starts on Monday with Tesla , and Cramer urged viewers to listen to the call before buying.
Tuesday is technology day, when Apple , Alphabet , Microsoft and Advanced Micro Devices will all be reporting. Cramer expects strong results from all of them, but noted that the expectations for Microsoft may cause the stock to dip after it reports.
Next, on Wednesday, we’ll hear from Boeing , Facebook , Ford and McDonald’s , among many others. Cramer was bullish on all of these stocks as well, but said Boeing will get worse before it gets better.
Thursday brings earnings from three more Cramer favorites, MasterCard , Amazon and Twilio .
Finally, on Friday we’ll hear from ExxonMobil and Chevron , two oils which Cramer had previously deemed uninvestable, but have since gotten religion regarding climate change thanks to activist pressures. Cramer also said he’d be a buyer of Caterpillar as infrastructure spending continues to work its way through Congress.
Cramer and the AAP team are looking at everything from earnings to the Federal Reserve. Find out what they’re telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts Plus.
Cramer Does His Homework
In his “Homework” segment, Cramer followed up on a stock that stumped him during an earlier show. He said that Monday.com MNDY, a recent IPO, saw a remarkable run after entering the market last month, but has since fallen out of favor. The recent weakness is your chance to buy, however, as long as you’re buying for speculation only.
Monday.com is a software-as-a-service platform that provides tools for developers to build and market their applications. Revenues are growing at 85%, but sales costs have sometimes exceeded those…