Evercore is negative on CrowdStrike, and Palo Alto earnings preview
Jim Cramer and CNBC Investment Club with Jim Cramer on weekdays are organizing a live stream at the “Morning Meeting” at 10:20. Here is a summary of the key moments on Monday. 1. Wall Street makes a slow start to the new trade week. Jerome Powell’s Jerome Powell, Chairman of the biggest events this week, and the Jerome Powell’s Jerome Powell, and the Retail Bellwether Walmart’s earnings are not for a few days. With Powell’s Friday morning speech, Portfolio Analysis Director Jeff Marx said that the big debate would focus on Powell’s September interest rate or focusing on providing a longer -term monetary policy framework. “There must be a market movement, Je Jeff said. In addition to Walmart on Thursday, we will receive news from the club retailers home depot and TJX companies on Tuesday. 2. We do not sweat EverCore Heat, which makes a short -term negative call to Crowdstrike, one of our two pure game cyber security stocks before the earnings report next week. “I always pay attention to these tactical calls in both directions.” He said. Evercore is worried that Crowdstrike’s “printed” channel controls may lead to a withdrawal after earnings, along with Crowdstrike’s premium valuation. JEFF said shares will not be unusual with an average decline of 5.5% in response to the last three earnings report. We saw them as an opportunity to buy them. “If you want to buy it before the earnings, I think it is reasonable.” He said. 3. Before getting news from Crowdstrike, we get results from Cyber Palo Alto Networks after the closure of Monday. “There was no big earning season for some cyber security names. We will hope to see Palo Alto Buck, the trend this evening.” He said. In particular, we are looking for the approval of Palo Alto’s Cyberark purchase, which broke the box office records, because the basic job is slowing down – this was an important fork of the bear case against the agreement. Nevertheless, we didn’t buy it and we added it to our $ 170 position a week ago. (Jim Cramer’s philanthropist trust is long HD, TJX, Panw and Crwd. Look here for the full list of stocks. Jim is waiting for 45 minutes after sending a trade warning before buying or selling a share in the portfolio of charitable confidence. If Jim talked about a stock on CNBC TV, he’s waiting for 72 hours after trading warning before trading. The above investment club information is subject to our conditions and conditions and our Privacy Policy with the waiver. There is no confidence or duty or not, as you receive any information provided in connection with the Investment Club. A specific result or profit is not guaranteed.
