Earnings from Netflix, Intel, Capital One, McCormick

As earnings season continues, CNBC’s Jim Cramer walked investors through the week ahead on Wall Street on Friday, highlighting quarterly reports from the following companies: netflix, Intel, Capital One Finance And McCormick.

“The second week of this earnings season, which is as light as next week is heavy, is an extremely strange week,” Cramer said. “Except for a few situations, I think it’s best to keep your bat on your shoulder and hope to make better shots.”

Tuesday brings profit from home builder Doctor Horton, 3 million, netflix And United Airlines. Cramer said homebuilders have been disappointed so far in earnings season. But he added that he was starting to see “green shoots” in the housing sector. Cramer said Holding 3M “pretty surprised people this year” and liked its stock ahead of the quarter. He said he’s waiting to hear what he has to say about why Netflix should be acquired. Warner Bros. Discoveryand why he is willing to pay billions of dollars for the company. Cramer also recommended buying United ahead of the quarter, noting that the post-Covid travel theme is still valid.

on wednesday, Johnson&Johnson And Charles Schwab will report, and Cramer said these two stocks are “hard to keep down.” Cramer praised Johnson & Johnson’s moves to become a pharmaceutical company first. He acknowledged that the company is still dealing with lawsuits related to its talc products, but suggested they did not have a major impact on the stock. Schwab has become “a repository for a huge portion of the huge pool of money” from older generations while passing wealth on to younger generations, Cramer said.

It brings out the PCE price index, a key inflation metric, on Thursday, and Cramer said he thought it would show a “restricted set of numbers.” Procter & Gamble, GE Aviation And Freeport-McMoRan He will report on that day too. Cramer said he wasn’t expecting a stellar quarter from Procter & Gamble, but he liked the company’s brands and its new CEO. He also praised GE Aerospace and said he expects the company to report a great quarter due to its large aircraft concentration. Cramer said copper and gold are “hot,” so he thinks Freeport-McMoRan will “get its fair share of money coming in.”

Intel, Capital One, Intuitive Surgery and McCormick will also report earnings on Thursday. Cramer maintained that Intel shares have performed well since CEO Lip Bu Tan took over last year. However, given the competitive nature of the semiconductor space, Intel’s earnings may not be large enough, he said, adding that the stock needs a rest after its big rise. Cramer said he hopes Capital One will detail its acquisition of credit card name Discovery as well as its big buyback. Cramer suggested that Intuitive Surgical’s report might be the week’s “only blowout of surprises.” He added that food stocks have been in a difficult situation recently. While Cramer likes McCormick, he expressed uncertainty about the quarter.

on friday, SLB It will publish its quarterly report. Cramer said he thinks it will be difficult for SLB to generate large numbers given the low price of crude oil.

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Disclaimer CNBC Investment Club owns shares of Capital One and Procter & Gamble.