
On Friday, CNBC’s Jim Cramer took investors through a short but earnings-packed week on Wall Street. He highlighted reports from retailers including: Burlington stores, best buy and kohlsas well as the tech giants. Dell.
“Starting Monday, every data point, every study, every revenue will be under scrutiny just like any other week, even if we’re all eating turkey, relaxing and watching the Philadelphia Eagles and Bears on Amazon at home,” he said.
zoom It is scheduled to report earnings on Monday. Kramer said he likes the company, but noted that it faces competition from the United States. microsoftTeams and said he hopes Zoom will acquire another company to complement its video conferencing business. But he insisted he still expects decent quarters.
zoom.
Retail sales and pending home sales data will be released on Tuesday. Cramer said he expects both reports to be weak, especially after hearing mixed results from some large retailers over the past few days. He also noted that there hasn’t been a lot of housing turnover. But Cramer suggested the weak data could be a positive for Wall Street because it would pave the way for the Federal Reserve to cut interest rates.
A number of retailers are expected to report on Tuesday. kohls, best buy, Burlington stores, dicks sporting goods and Abercrombie & Fitch. Kramer suggested Kohl’s and Best Buy would be fine, but said Dick’s Sporting Goods could also be a great possibility since the company just acquired Foot Locker and now has access to many popular sneaker brands. He suggested Burlington was the weakest among other branded retailers. TJX and loss storeMeanwhile, Abercrombie & Fitch’s quarter is “absolute crap.”
Dell, HP, Z scaler and Analog Devices A quarterly report is also expected to be released on Tuesday. While Cramer was optimistic about Dell’s earnings and expressed confidence in its management, he was less positive about its peer HP. Kramer praised cybersecurity company Zscaler, but had concerns about semiconductor maker Analog Devices.
Dear will report on Wednesday, Kramer suggested the farm equipment company has “inventory that appears to be made of Teflon.” Farming can be a tough business, but it benefits from government subsidies, and farmers often spend that money on Deere products, he explained.

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