CNBC's Jim Cramer on Friday told investors what he'll be focusing on in the coming week, namely remarks from the Federal Reserve's Wednesday meeting.
Cramer will also be watching as a number of notable companies release earnings reports next week, including Apple, Caterpillar and drug maker Eli Lilly.on Friday told investors what he'll be focusing on in the coming week, namely Wednesday's Federal Reserve meeting and earnings reports from companies likeAdvanced Micro Devices
. He said he expects Caterpillar to report a decent quarter, adding that the industrial sector is holding up better than other stocks because of federal infrastructure funding.Cramer called Thursday the most important business day of the week, with earnings from drug maker Eli Lilly and tech giant Apple. Although he admitted that those stocks haven't seen recent runs, he said he believes Eli Lilly's Mounjaro could have major success.
Cramer reaffirmed his belief in owning Apple, not trading it, but conceded the tech company often has bad publicity around its quarterly report."I don't mean to be too cynical, but unless we get some relief from this bond market, which is totally and completely in control unless it goes where it has to go — as we used to like to say on the trading desk —everything I just described is just a trade," Cramer said.
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Source: CNBC - 🏆 12. / 72 Read more »
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