This results season has very high standards

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CNBC’s Jim Cramer said on Friday that investors have the option to buy shares of high-quality companies after a tough day of trading on Wall Street to end the month.

The major averages all fell less than 1% in the last session of April, making it a losing week for the Dow Jones Industrial Average and the Nasdaq Composite.

Considering the full month, the Dow Jones was up 2.71% while the S&P 500 and Nasdaq were up more than 5% as investors digested the corporate earnings reports.

“As we move into next week… remember this season of results has very high standards,” said the host of “Mad Money”. “Keep your eyes peeled for other stocks that might get squashed as a result of good quarters, then make some purchases.”

Cramer has given his game plan for the coming week. The earnings per share projections are based on FactSet estimates:

Monday: Estee Lauder, Diamondback Energy results

Estee Lauder

  • Publication of Q3 2021 results: before market; conference call: 9:30 a.m.
  • Projected EPS: $ 1.32
  • Projected revenue: $ 3.94 billion

“This company, run by bankable Fabrizio Freda, had incredible numbers last time around. I suspect we’re going to have another blowout,” Cramer said.

Diamondback Energy

  • Publication of first quarter 2021 results: after market close; conference call: Tuesday, 9:00 a.m.
  • Projected EPS: $ 1.81
  • Projected revenue: $ 1.04 billion

“We had some real disappointments today from Chevron and Exxon, despite the recent jaunt from crude to $ 65, so let’s see what they do with the oilfield’s fastest producer,” he said. he declares.

Tuesday: Pfizer, CVS, DuPont, AT&T, T-Mobile results

Pfizer

  • Publication of results for the first quarter of 2021: before market; conference call: 10 a.m.
  • Projected EPS: 78 cents
  • Projected revenue: $ 13.65 billion

“I think Pfizer is good stock, strong management, great and safe dividend yield,” Cramer said. “Since drug stocks have become the big disappointment this earnings season, you might want to wait and see what happens before you pull the trigger.”

CVS

  • Publication of results for the first quarter of 2021: before market; conference call: 8:00 a.m.
  • Projected EPS: $ 1.73
  • Projected revenue: $ 68.36 billion

“I think new CEO Karen Lynch has a good story to tell… but if you read the whole letter from Amazon last night, like I did, you’ll know they’re fighting over the pharmacies. “, did he declare. “That’s going to make it a tough job. You’ll never, ever want to compete with Amazon if you can avoid it.”

DuPont de Nemours

  • Publication of first quarter 2021 results: to be determined; conference call: 8:00 a.m.
  • Projected EPS: 75 cents
  • Projected revenue: $ 3.85 billion

“I bet he’s ready to go to a quarterfinal,” said the host.

T Mobile

  • Publication of first quarter 2021 results: 4:05 p.m. conference call: 4:30 p.m.
  • Projected EPS: 54 cents
  • Projected revenue: $ 18.73 billion

“T-Mobile has been the best investment in the bunch if you want capital appreciation. That won’t change,” he said.

Wednesday: General Motors, Scotts Miracle-Gro, PayPal, Twilio earnings

General Motors

  • Publication of first quarter 2021 results: 7:30 a.m. conference call: 10 a.m.
  • Projected EPS: $ 1.05
  • Projected revenue: $ 33 billion

“Its stock has already been seasoned thanks to Ford’s spit action earlier this week,” Cramer said. “I think GM is in better shape when it comes to chips, which means the stock could be worth buying before the quarter.”

Scotts Miracle-Gro

  • Publication of Q2 2021 results: before market; conference call: 9:00 a.m.
  • Projected EPS: $ 5.48
  • Projected revenue: $ 1.69 billion

“It’s one of those hobbies like boating that has exploded during the pandemic period and I think it continues this season,” he said. “Plus, Scotts can give us an idea of ​​how strong the home cannabis market is.”

Pay Pal

  • Publication of first quarter 2021 results: after market close; conference call: 5 p.m.
  • Projected EPS: $ 1.01
  • Projected revenue: $ 5.91 billion

Twilio

  • Publication of first quarter 2021 results: after market close; conference call: 5 p.m.
  • Projected loss per share: 10 cents
  • Projected revenue: $ 533 million

“Both companies are amazing, but their actions have been erratic because secular growth stories are outdated in the Wall Street fashion show right now,” the host said. “If you like them, I recommend buying some before the trimester and others after to make sure you get the best base.”

Thursday: Income from ViacomCBS, Regeneron, Penn National Gaming, Roku, Peloton, AMC Entertainment

ViacomCBS

  • Publication of Q1 results: before market; conference call: 8:30 a.m.
  • Projected EPS: $ 1.22
  • Projected revenue: $ 7.33 billion

“We don’t really know where Viacom’s shares are worth trading, given that they’ve been bought up to more than twice compared to what they are now by a dumb hedge fund, Archegos, and then when that fund collapsed, that action did the same, ”Cramer said.

Regeneron

  • Publication of results for the first quarter of 2021: before market; conference call: 8:30 a.m.
  • Projected EPS: $ 8.74
  • Projected revenue: $ 2.53 billion

“The Washington health resort has not been kind to Regeneron,” he said.

Penn National Gaming

  • Publication of first quarter 2021 results: 7:00 a.m. conference call: 9:00 a.m.
  • Projected EPS: 26 cents
  • Projected revenue: $ 1.14 billion

“The game has been on a real run here, the momentum,” said the host. “Has the partnership with Barstool attracted the players I think I have? I bet the numbers are good.”

Roku

  • Publication of first quarter 2021 results: after market close; conference call: 5 p.m.
  • Projected loss per share: 15 cents
  • Projected revenue: $ 492 million

Platoon

  • Publication of Q3 2021 results: after market close; conference call: 5 p.m.
  • Projected loss per share: 12 cents
  • Projected revenue: $ 1.12 billion

“We have adjusted our habits and will continue to do some of these things once the pandemic is over, but these two [stocks]are two of the most expensive stocks in the entire market, “Cramer said.” Their gain might not translate into higher stock prices. “

AMC Entertainment

  • Publication of first quarter 2021 results: after market close; conference call: 5 p.m.
  • Projected loss per share: $ 1.37
  • Projected revenue: $ 156 million

“There is so much stock for sale that I don’t think it can rally, although reopening will save the business,” he said.

Disclosure: The Cramer Charitable Trust owns shares of DuPont de Nmours.

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