google.com, pub-8701563775261122, DIRECT, f08c47fec0942fa0
USA

Earnings from Burlington, Best Buy, Kohl’s and Dell

CNBC’s Jim Cramer on Friday guided investors through Wall Street, which is full of gains, albeit brief, next week. He highlighted reports from retailers: Burlington Stores, Best Buy And Kohl’sand technology giant Dell.

“Starting Monday, every data point, every survey, and every win will be scrutinized, even as everyone watches the Philadelphia Eagles play the Bears at home on Amazon while we eat turkey and relax,” he said.

zoom in It will announce its earnings on Monday. While Cramer said he liked the company, he noted that the company faces competition. MicrosoftHe said he wishes ‘s Teams and Zoom would acquire another company to complement its video conferencing business. But he maintained that he expected a good quarter
Zoom in.

Tuesday brings retail sales figures and pending home sales data. Cramer said he expects both reports to be soft, especially after hearing mixed earnings results from some major retailers over the past few days. He also noted that there is not a lot of housing circulation. But Cramer argued that weak data is positive for Wall Street because it clears the way for the Federal Reserve to cut interest rates.

Many retailers will report on Tuesday. Kohl’s, Best Buy, Burlington Stores, Dick’s Sporting Goods And Abercrombie and Fitch. Cramer noted that Kohl’s and Best Buy would be good, while Dick’s Sporting Goods could be great since the company just acquired Foot Locker and now has access to a number of popular sneaker brands. He suggested Burlington was the weakest of its off-brand retail competitors. T.J.X. And Ross StoresAbercrombie & Fitch’s quarter is “complete bullshit.”

Dell, HP, Zscaler And Analog Devices They are also expected to release quarterly reports on Tuesday. Cramer was optimistic about Dell’s earnings and expressed confidence in management, but was less positive about HP. Cramer praised cybersecurity name Zscaler but was concerned about semiconductor maker Analog Devices.

Deere He’s due to report Wednesday, and Cramer suggested the farm equipment company has “inventory that looks like it’s made of Teflon.” He explained that although farming is hard work, it benefits from government subsidies and farmers often spend that money on Deere products.

Jim Cramer looks forward to next week's market game plan

Jim Cramer’s Guide to Investing

Sign up now For CNBC Investment Club to follow Jim Cramer’s every move in the market.

Disclaimer CNBC Investment Club holds shares of Microsoft and TJX.

Have questions for Cramer?
Call Cramer: 1-800-743-CNBC

Want to dive deeper into Cramer’s world? Shoot him!
Crazy Money TwitterJim Cramer TwitterFacebookinstagram

Do you have questions, comments, suggestions for the “Mad Money” site? madcap@cnbc.com

Related Articles

Leave a Reply

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

Back to top button