The market powered through a tough earnings week, we’re not ‘out of the woods yet’
CNBC’s Jim Cramer said the market had weathered its toughest week of earnings “with flying colors” but warned that next week could be even riskier.
“All the big technologies have done well… Everything connected to the data center has gone crazy,” the “Mad Money” host said.
However, he warned against complacency.
“That doesn’t mean we’re out of the woods yet,” Cramer said, describing the coming week as “more eclectic, more congested on some days, and frankly more prone to disappointment.”
weekend
Berkshire Hathaway The report is being published alongside the annual meeting for the first time since Greg Abel took over as CEO from Warren Buffett. The recent underperformance may reflect a weakening of the “Buffett premium,” but Cramer thinks that may be short-sighted.
Monday
palantir Reports after closing. Although sentiment has turned against expensive software stocks, Cramer said against trading around the stock because of its strong business.
ON Semiconductor and many other chip manufacturers have “It’s on fire,” Cramer said, adding that the auto-focused peer results are as follows: NXP Semiconductors bodes well for future figures.
Tuesday
Data center demand is front and center, and Cramer expects a solid quarter ahead Eaton because power systems and cooling equipment are directly tied to the ongoing expansion of AI infrastructure. Eaton is a holding in Cramer’s Charitable Trust portfolio used by CNBC Investment Club.
Advanced Micro DevicesOne of Cramer’s best picks, reporting after the bell. “I would buy some AMD ahead of the quarter,” he said, expecting a potential surprise.
He also likes link names Lumentum And Arista Networksand semiconductor company Astera Laboratories. “I would press my bet,” he added.
Wednesday
Disney Reports that provide insight into high-end consumer spending. Cramer said the consumer looks resilient and he expects a solid quarter under new CEO Josh D’Amaro.
CVS Cramer could also have a strong quarter, with CEO David Joyner to thank for turning things around amid industry consolidation.
After closing, Arm Holders According to reports, Cramer thinks this could be a “bullish stock” given the continued strength in CPUs and AI-related demand. Cramer’s Trust also owns Arm.
Thursday
Cramer thinks McDonald’sReporting before the market opened, it remains noteworthy and “definitely worth buying.”
cloud flare He reported after the bell, and Cramer said he remains a “terrific cyber defender” and called him a consistent winner.
Friday
The monthly business report is in the center. Cramer said a softer number could quickly shift expectations toward rate cuts. Beyond the short-term Fed implications, he noted that a deeper shift in the labor market is underway, with AI driving less hiring and greater productivity.
He added that this dynamic is what continues to power the market and cautioned investors not to abandon stocks that are leading the move.
“This earnings season is the first in which I have found real evidence of the so-called fourth industrial revolution,” he said. “This is happening right now, so it’s worth hanging on to many of these tech stocks.”
