Cramer says don't make any moves right before a company's earnings report

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

CNBC’s Jim Cramer on Friday told investors not to trade based on guesses about a company’s quarterly earnings.

CNBC's Jim Cramer on Friday told investors not to make any major stock moves right before a company's quarterly report.

"You shouldn't try to play the earnings game, meaning don't trade stocks on the basis of what you're expecting from their quarterly numbers," Cramer said."It's simply gotten too hard. I think it makes a lot more sense to wait until you see the quarter, pull it apart, and then make a judgment once you know all the facts."as an example of why it's important to wait and assess earnings before buying or selling.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 545. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jim Cramer's top 10 things to watch in the stock market FridayU.S. stock future edge up Friday morning, even as equities are on track to end down for both September and the third quarter.
Source: CNBC - 🏆 12. / 72 Read more »

Here's why Jim Cramer sees reason for optimism in Wednesday's marketCNBC’s Jim Cramer said he sees reason for optimism after the S&P 500 on Wednesday was able to bounce off its lows and finish the session basically flat.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »

Jim Cramer's top 10 things to watch in the stock market ThursdayRetest of Wednesday's market lows? Will they hold?
Source: CNBC - 🏆 12. / 72 Read more »

Here are the 12 stocks Jim Cramer is watching, including a dire consumer forecastHere are some of the tickers on my radar for Thursday, Sept. 28, taken directly from my reporter’s notebook.
Source: nbcsandiego - 🏆 524. / 51 Read more »

The market is 'at a level where we have to do some buying,' Jim Cramer saysThe Investing Club holds its Morning Meeting every weekday at 10:20 a.m. ET.
Source: CNBC - 🏆 12. / 72 Read more »