This earnings season has been 'pretty darn good' and several companies stand out, Jim Cramer says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

After getting earnings from two-thirds of Dow Industrials, it shouldn't come as a surprise that the market is so high, Jim Cramer said.

Thus far, there have been a lot of beats, and not many notable misses, and the market is consistently reflecting that, Cramer explained, despite stocks dipping slightly on Monday.

In a wide-ranging group of winners Cramer identified, some standout names include Honeywell, Microsoft, and JPMorgan."could be one of the great stories of the entire quarter so far," Cramer said, as its aerospace business accelerates and its refining chemicals business improves. "But I don't want to bury the lede: You buy this one for aerospace," he added.

has "stolen the earnings season along with Honeywell," according to Cramer, thanks to its impressive numbers from its cloud division plus good numbers from its business software and gaming divisions."showed it can make money in any environment," by becoming a "vacuum for deposits fleeing the regional banks," Cramer said.

"That's a heck of a lot of wins and not too many losses," Cramer said, and he recommended keeping some of these winners in mind with potential uncertainty ahead.

 

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:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines