Title: Jim Cramer’s Weekly Guide to Wall Street: What to Watch Next Week
As we head into a new week on Wall Street, CNBC’s Jim Cramer has shared his insights on the upcoming events and earnings reports that investors should keep an eye on. From earnings releases to important data releases, here’s a breakdown of what to watch next week:
Monday:
On Monday, Cramer will be closely monitoring the debut of Trump Media, which is set to start trading under the ticker DJT. This new public company, formed through a merger with Digital World Acquisition Corp, owned by former President Donald Trump, could potentially bring significant gains for Trump amidst his legal battles.
Tuesday:
Earnings from GameStop are expected on Tuesday, with Cramer predicting poor results. He also anticipates that spice maker McCormick could outperform expectations, citing recent positive surprises from other food companies like Hormel and General Mills.
Wednesday:
Cintas and Carnival will be reporting on Wednesday, with Cramer expressing optimism about Cintas but calling Carnival a wildcard. Additionally, he will be keeping an eye on Kimberly-Clark’s analyst meeting.
Thursday:
Thursday brings an eagerly awaited earnings report from Walgreens Boots Alliance, with Cramer highlighting the potential for growth under new leadership. He is looking forward to hearing how Tim Wentworth plans to steer the company back on a path to growth.
Friday:
The personal consumption expenditures report, an important inflation metric for the Federal Reserve, is set to be released on Friday. Cramer emphasized the significance of this report in understanding inflation trends.
In conclusion, Cramer emphasized the importance of staying informed and vigilant in the current market environment. By keeping an eye on key events and earnings releases, investors can make more informed decisions and potentially capitalize on new opportunities. Stay tuned for more updates and insights from Jim Cramer as we navigate through the ever-evolving world of Wall Street.
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