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This season of profits has very high standards



CNBC’s Jim Cramer said on Friday that investors were given the opportunity to buy shares of high-quality companies after a hard day on Wall Street trading to close the month.

All major averages fell by less than 1% in the final session in April, making it a losing week for both the Dow Jones Industrial Average and the Nasdaq Composite.

For the full month, the Dow rose 2.71%, while the S&P 500 and Nasdaq advanced more than 5% as investors absorbed corporate profits.

“As we progress next week … remember that this season of profits has very high standards,”

; said the Crazy Money presenter. “Keep your eyes peeled for more stocks that could be crushed after great neighborhoods, and then make a purchase.”

Kramer gave his plan for the game for next week. Earnings per share estimates are based on FactSet estimates:

Monday: Estee Lauder, revenue from Diamondback Energy

Estee Lauder

  • Placement of profits Q3 2021: before placing on the market; conference call: 9:30 am
  • Estimated EPS: $ 1.32
  • Estimated revenue: $ 3.94 billion

“This company, run by Bank Fabrizio Freda, put up incredible numbers last time. I suspect we will get another blow,” Kramer said.

Diamondback Energy

  • Placement of profits for the first quarter of 2021: after placing on the market; conference call: Tuesday, 9:00 p.m.
  • Estimated EPS: $ 1.81
  • Estimated revenue: $ 1.04 billion

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

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

Pfizer

  • Placement of profits for the first quarter of 2021: before placing on the market; conference call: 10 am
  • Estimated EPS: 78 cents
  • Estimated revenue: $ 13.65 billion

“I think Pfizer is a good stock, solid management, excellent, secure dividend yield,” Kramer said. “Given that drug stocks have become a major disappointment with this revenue season, you may want to wait and see what happens before you pull the trigger.”

CVS

  • Placement of profits for the first quarter of 2021: before placing on the market; conference call: 8 am
  • Estimated EPS: $ 1.73
  • Estimated revenue: $ 68.36 billion

“I think the new CEO Karen Lynch has a good story to tell … but if you read the whole letter from Amazon last night, as I did, you’ll know that they’re aiming for drugstores,” he said. “That will make it a tough slogan. You never, ever want to compete against Amazon if you can avoid it.”

Dupont de Nemours

  • Earnings for the first quarter of 2021: TBD; conference call: 8 am
  • Estimated EPS: 75 cents
  • Estimated revenue: $ 3.85 billion

“I bet he’s ready to have a quarter,” the host said.

T-Mobile

  • Release of profits for the first quarter of 2021: 16:05; conference call: 16:30
  • Estimated EPS: 54 cents
  • Estimated revenue: $ 18.73 billion

“T-Mobile was the best investment in the group if you want a rise in capital. That will not change,” he said.

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

General Motors

  • Release of profits for the first quarter of 2021: 7:30 a.m .; conference call: 10 am
  • Estimated EPS: $ 1.05
  • Estimated revenue: $ 33 billion

“His stock has already been rigged thanks to pin action by Ford earlier this week,” Kramer said. “I think GM is in better shape when it comes to chips, which means the stock may be worth buying before the quarter.”

Scotts Miracle-Gro

  • Placement of profits for the second quarter of 2021: before placing on the market; conference call: 9:00 am
  • Estimated EPS: $ 5.48
  • Estimated revenue: $ 1.69 billion

“It’s one of those hobbies like the boat that erupted during the pandemic, and I think it’s carried over this season,” he said. “In addition, the Scots can give us an idea of ​​how strong the cannabis market is at home.”

PayPal

  • Placement of profits for the first quarter of 2021: after placing on the market; conference call: 17:00
  • Estimated EPS: $ 1.01
  • Estimated revenue: $ 5.91 billion

Twilio

  • Placement of profits for the first quarter of 2021: after placing on the market; conference call: 17:00
  • Estimated loss per share: 10 cents
  • Estimated revenue: $ 533 million

“Both companies are amazing, but their shares are volatile because secular growth stories are out of fashion in the Wall Street fashion show right now,” the host said. “If you like them, I recommend buying some before the quarter and others after to make sure you’re getting the best base.”

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

ViacomCBS

  • Placement of profits for the first quarter: before placing on the market; conference call: 8:30 in the morning
  • Estimated EPS: $ 1.22
  • Estimated revenue: $ 7.33 billion

“We don’t really know where Viacom’s stock deserves to be traded, given that it has been offered more than twice by the stupid hedge fund, Archegos, and then when that fund collapsed, so did this stock,” Cramer said. said.

Regeneron

  • Placement of profits for the first quarter of 2021: before placing on the market; conference call: 8:30 in the morning
  • Estimated EPS: $ 8.74
  • Estimated revenue: $ 2.53 billion

“The health complex in Washington was not kind to Regeneron,” he said.

Penn National Gaming

  • Release of profits for the first quarter of 2021: 7:00; conference call: 9:00 am
  • Estimated EPS: 26 cents
  • Estimated revenue: $ 1.14 billion

“Gambling really moves here, momentum,” said the host. “Has the partnership with Barstool led to the gamblers I think they have? I bet the numbers are good.”

Year

  • Placement of profits for the first quarter of 2021: after placing on the market; conference call: 17:00
  • Estimated loss per share: 15 cents
  • Estimated revenue: $ 492 million

Peloton

  • Placement of profits Q3 2021: after placing on the market; conference call: 17:00
  • Estimated loss per share: 12 cents
  • Estimated revenue: $ 1.12 billion

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

AMC Entertainment

  • Placement of profits for the first quarter of 2021: after placing on the market; conference call: 17:00
  • Estimated loss per share: $ 1.37
  • Estimated revenue: $ 156 million

“There are so many stocks for sale that I don’t think they can be collected, although the resumption will save the business,” he said.

Disclosure: Cramer’s charity trust owns shares in DuPont de Nmours.

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