CNBC’s Jim Cramer on Friday urged investors to make careful, considered decisions regarding their portfolios when the new earnings season kicks off next week.
“It’s a pivotal week. First of three. Be on your toes. Listen to the calls. Don’t take any action unless you’re certain. It’s very hard to be certain about anything that’s just reported,” he said, reiterating some of his five rules for earnings season.
The highly anticipated earnings season will see the biggest companies in tech, retail and consumer goods report their quarterly financial results.
Cramer previewed the slate of quarterly reports. All estimates for earnings, revenue and economic data are courtesy of FactSet.
Tuesday: General Electric, 3M, Union Pacific, Microsoft
- ການປ່ອຍລາຍໄດ້ Q4 2022 ຢູ່ທີ່ 6:30 am ET; ກອງປະຊຸມໂທຢູ່ 8 am ET
- ໂຄງການ EPS: $ 1.15
- ລາຍໄດ້ຈາກການຄາດຄະເນ: 21.25 ຕື້ໂດລາ
The company should “show us why we would want to be in its energy division. That’s the next spinoff after health care, but all we really want is the booming aerospace business,” he said.
- ການປ່ອຍລາຍໄດ້ Q4 2022 ຢູ່ທີ່ 6:30 am ET; ກອງປະຊຸມໂທຢູ່ 9 am ET
- ໂຄງການ EPS: $ 2.37
- ລາຍໄດ້ຈາກການຄາດຄະເນ: 8.04 ຕື້ໂດລາ
Cramer said that 3M’s roughly 5% dividend yield isn’t enough, considering the litigation risk from lawsuits against the company.
- ການປ່ອຍລາຍໄດ້ Q4 2022 ເວລາ 7:45 am ET; ກອງປະຊຸມໂທຢູ່ 8:45 am ET
- ໂຄງການ EPS: $ 2.78
- ລາຍໄດ້ຈາກການຄາດຄະເນ: 6.31 ຕື້ໂດລາ
The company’s earnings call should give insight into the state of American commerce, Cramer said.
- ການປ່ອຍລາຍໄດ້ Q2 2023 ເວລາ 4:05 ໂມງ ET; ກອງປະຊຸມໂທຢູ່ 5:30 pm ແລະ
- ໂຄງການ EPS: $ 2.30
- ລາຍໄດ້ຈາກການຄາດຄະເນ: 53.13 ຕື້ໂດລາ
Investors will “learn whether those layoffs Microsoft announced this week are grounded in disappointment or prudence,” he said.
Wednesday: Boeing, IBM, ServiceNow
- ການປ່ອຍລາຍໄດ້ Q4 2022 ເວລາ 7:30 am ET; ກອງປະຊຸມໂທຢູ່ 10:30 am ET
- ໂຄງການ EPS: 22 ເຊັນ
- ລາຍໄດ້ຈາກການຄາດຄະເນ: 20.24 ຕື້ໂດລາ
Cramer said he expects a solid quarter from the company.
- ການປ່ອຍລາຍໄດ້ Q4 2022 ເວລາ 4:08 ໂມງແລງ ET; ປະຊຸມໂທຢູ່ 5 ໂມງແລງ ET
- ໂຄງການ EPS: $ 3.59
- ລາຍໄດ້ຈາກການຄາດຄະເນ: 16.13 ຕື້ໂດລາ
He said he likes the stock going into the quarter because it’s a defensive play with a strong 4.7% yield.
- ການປ່ອຍລາຍໄດ້ Q4 2022 ເວລາ 4:10 ໂມງແລງ ET; ປະຊຸມໂທຢູ່ 5 ໂມງແລງ ET
- ໂຄງການ EPS: $ 2.02
- ລາຍໄດ້ຈາກການຄາດຄະເນ: 1.94 ຕື້ໂດລາ
The earnings call will show whether beaten-down enterprise software stocks will find a reprieve this year, he said.
Thursday: Dow, Southwest Airlines
- ການປ່ອຍລາຍໄດ້ Q4 2022 ຢູ່ທີ່ 6 am ET; ກອງປະຊຸມໂທຢູ່ 8 am ET
- ໂຄງການ EPS: 58 ເຊັນ
- ລາຍໄດ້ຈາກການຄາດຄະເນ: 12.05 ຕື້ໂດລາ
Cramer said the company’s stock “seems like a buy.”
- Q4 2022 earnings release at 6:30 a.m. ET; conference call at 12:30 p.m. ET
- ຄາດຄະເນການສູນເສຍ: 7 ເຊັນຕໍ່ຫຸ້ນ
- ລາຍໄດ້ຈາກການຄາດຄະເນ: 6.22 ຕື້ໂດລາ
The company is no longer one of the best-run airlines, he said.
ວັນສຸກ: American Express
- ການປ່ອຍລາຍໄດ້ Q4 2022 ເວລາ 7 ໂມງເຊົ້າ ET; ກອງປະຊຸມໂທຢູ່ 8:30 am ET
- ໂຄງການ EPS: $ 2.23
- ລາຍໄດ້ຈາກການຄາດຄະເນ: 14.23 ຕື້ໂດລາ
“American Express is a terrific ‘life-is-too-short’ play,” he said.
ການປະຕິເສດຄວາມຮັບຜິດຊອບ: Cramer's Charitable Trust ເປັນເຈົ້າຂອງຮຸ້ນຂອງ Microsoft.
Source: https://www.cnbc.com/2023/01/20/cramers-week-ahead-be-on-your-toes-this-earnings-period.html