CNBC's Jim Cramer on Friday advised investors to ring the register on some of their positions to take advantage of the bull market.
"I don't know if we can continue this week's bizarrely bullish behavior, but it's worth sticking around and … you can trim a bit of some stock that you're up a lot," he said Stocks fell on Friday after a strong January jobs report renewed fears that the Federal Reserve will continue hiking interest rates. The S&P 500 and Nasdaq Composite still managed to end the week on the positive side, with the tech-heavy index notching its fifth consecutive winning week.
Cramer also reviewed next week's slate of earnings. All estimates for earnings, revenue and economic data are courtesy of FactSet.Q1 2023 earnings release at 7:30 a.m. ET; conference call at 9 a.m. ETCramer said the conference call should give insight into the state of food inflation at grocery stores.Projected revenue: $1.29 billion
"They may pull a rabbit out of a hat" despite it being a tough time for companies in the office property business, he said.Q4 2022 earnings release at 4:10 p.m. ET; conference call at 4:30 p.m. ET
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