Cramer says to not trade big winners ahead of earnings

  • 📰 nbcsandiego
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

News News

Business Business Latest News,Business Business Headlines

CNBC’s Jim Cramer looked at trading around Alphabet, Microsoft, Amazon and Apple as examples of Wall Street moves around earnings.

CNBC's Jim Cramer on Monday discouraged investors from making any moves in high-value stocks ahead of earnings reports, especially in Big Tech."No one on Wall Street knows what any of the quarters will look like," he said."So don't bother to follow the money that you see trading right now in anticipation.

about Gemini, the company's artificial intelligence product, when it reports on Tuesday. It's difficult for Alphabet to jump on earnings, he said, unless nearly everything in the quarter is ideal., saying the former is"no longer the lock it used to be." Some on Wall Street are mixed on Microsoft, namely its AI product, Co-Pilot, he said, adding that even a small miss for its web services division will upset investors.

 

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:

 /  🏆 524. 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.

Cramer's week ahead: Earnings from Alphabet, Meta, Apple, Microsoft and AmazonCNBC’s Jim Cramer on Friday urged investors to keep a level head during next week’s busy slate of corporate earnings and influential economic…
Source: NBCNewYork - 🏆 270. / 63 Read more »

Jim Cramer's top 10 things to watch in the stock market FridayStocks were set for a higher open, and the FTC picked up a big win in court.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's latest thinking on our industrial stocks after their post-earnings slumpsThe Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market WednesdayThe S&P 500 was heading for a lower open Wednesday after back-to-back losses.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer on the market pull-back: Don't miss the saleCNBC’s Jim Cramer told investors that losses are an inevitable part of trading, saying that Wednesday’s sell off isn’t unexpected after weeks…
Source: NBCDFW - 🏆 288. / 63 Read more »