Strong earnings may help the market weather a difficult period in history

CNBC Jim Cramer Friday looks forward to the major market events next week after Standard & Poor’s 500 achieve her Seventh consecutive day of gains To close at a record level of 4,697.53.

“We need to see if this pink action can continue into next week, a period that has historically tended to cause some ugly selling. … But if earnings stay strong, well, I think the stock market can stay strong,” Kramer said. .

Here’s what’s file “mad money” The host will keep his eyes. All revenue and earnings per share estimates are from FactSet.

Jim Cramer’s game plan for November 8th trading week.

Mad Money with Jim Cramer

Monday: PayPal and AMC Entertainment earnings; Events from AMD and Nvidia

PayPal

  • Q3 earnings after the bell; Conference call at 5 p.m. ET on Monday
  • Expected EPS: $1.07
  • Expected revenue: $6.23 billion

Cramer said PayPal’s ownership of his charitable fund has so far been a “disaster,” as the shares were recently crushed. “Dan Schulman, CEO, we already warned that this was going to be a tough quarter due to PayPal’s eventual separation from eBay, but it’s already down more than 80 points, which to me sounds like an exaggeration,” Cramer said.

AMC Entertainment

  • Q3 results after closing; Conference call at 5 p.m. ET on Monday
  • Expected EPS: 53 cents loss
  • Expected revenue: $708 million

Cramer said it’s hard to evaluate AMC now because it’s a meme stock with a very passionate group of retail investors that own it. “I bet CEO Adam Aaron will do a great job on the call, retail investors will buy more, so the stock is going to hang around because it knows how to give its shareholder base what it wants,” he said.

AMD

  • Expedited Data Center premieres at 11 a.m. ET on Monday

Cramer said he expects AMD CEO Lisa Sue to tell a great story at Monday’s event. “I think AMD is on its way to outperforming Intel in market capitalization,” he said. “…How the strong have fallen.”

nvidia

  • Semiconductor GPU Technology Annual Conference Monday to Thursday

“Be prepared to be dazzled,” Kramer said.

Tuesday: Wynn Resorts, Upstart Holdings, Coinbase and DoorDash

Win Resorts

  • Q3 results after the bell; Conference call at 4:30 p.m. ET Tuesday
  • Expected EPS: $1.36 loss
  • Expected revenue: $943 million

Kramer said he’s been at Wynn Resorts for a long time, believing that “stocks are going to go up” once business at the Macau gaming center rebounds in earnest. “Until then,” he said, “the pain.”

upstart holding

  • Q3 results after closing; Conference call at 4:30 p.m. ET Tuesday
  • Expected EPS: 33 cents
  • Expected revenue: $214.9 million

Cramer said the fintech company, which uses artificial intelligence to modernize its lending process, was just hired by Wells Fargo. “I hope they understand what’s going on in the conference call because I really still don’t understand exactly how they do what they’re doing.”

Queen Bees

  • Q3 results after the bell; Conference call at 5:30 p.m. ET Tuesday
  • Expected EPS: $1.73
  • Expected revenue: $1.57 billion

“The action in cryptocurrency has been very exciting lately, so it should send Coinbase even higher despite its rally. However, they have to get rid of their arrogance. They have to go cold,” Cramer said.

by dash

  • Q3 results after closing; Conference call at 5 p.m. ET Tuesday
  • Expected earnings per share: a loss of 10 cents
  • Expected revenue: $9.96 billion

Kramer said the strength of Uber’s food delivery business in the third quarter could presage strong results from DoorDash, suggesting the company could “blow the doors.”

Wednesday: Wendy’s, Dutch Bros, Walt Disney Co, and Mastercard meeting

Wendy

  • Q3 results before the bell; Conference call at 8:30 a.m. ET Wednesday
  • Expected EPS: 18 cents
  • Expected revenue: $471 million

Cramer said he hopes Wendy, who he called his favorite fast-food chain, can report numbers as good as McDonald’s latest results.

Dutch Brothers

  • Q3 results after closing; Conference call at 5 p.m. ET Wednesday
  • Expected EPS: 6 cents
  • Expected revenue: $125.2 million

The Oregon-based chain has proven to be one of the This year’s top initial public offeringsKramer said. “This is a great growth story from region to national,” he said, but noted that he still had some valuation concerns about the stock.

The Walt Disney Company

  • Q4 results conference call at 4:30 p.m. ET Wednesday
  • Expected EPS: 52 cents
  • Expected revenue: $18.8 billion

Kramer said Disney’s report could be “rude”. He noted that some of its theme parks were not fully operational, and the movie slate was “good, not great.” Meanwhile, the major streaming service, Disney+, appears to be “slowing down,” he said.

Master Card Credit Card

  • Investor meeting begins at 8:30 a.m. ET Wednesday

While the company’s shares have been crushed recently, Cramer said it’s important to remember the benefits of Mastercard from consumer spending and, most importantly, to resume cross-border travel now.

Thursday: Naseej and Yeti

  • Q1 financial results 2022 before the bell; Conference call at 8 a.m. ET Thursday
  • Expected EPS: 70 cents
  • Expected revenue: $1.44 billion

Kramer said any positive news from parent company Coach and Kate Spade should help propel the stock to a new 52-week high above $49.66 per share. The stock closed Friday at $42.51.

Yeti

  • Q3 earnings before opening; Conference call at 8 a.m. ET Thursday
  • Expected EPS: 60 cents
  • Expected revenue: $358 million

Cramer said he believes the company, known for its insulated mugs and coolers, is more than just a pandemic winner.

Friday: AstraZeneca and Warby Parker

AstraZeneca

  • Q3 earnings before the bell; Conference call at 7:45 a.m. ET on Friday
  • Expected EPS: £92.54
  • Expected revenue: 7.04 billion pounds sterling

Among the companies that have developed Covid vaccines, Kramer said he believes “there are better fish for frying” than AstraZeneca.

Warby Parker

  • Q3 results before opening; Conference call at 8 a.m. ET on Friday
  • CNBC
  • Expected revenue: $133.1 million

Kramer said he’s eager to learn more about Warby Parker in the glasses maker’s first quarterly results as a public company.

Participation Here To follow the new CNBC Investment Club newsletter Jim CramerEvery move in the market, delivered straight to your inbox.

.

Leave a Reply

Your email address will not be published. Required fields are marked *