CNBC’s Jim Cramer announced his game plan for the week ahead Friday after what he called one of the most “remarkable” rallies he’s ever seen.
“If you don’t believe we have another week of 3% gains, you’re right,” Cramer said. “Peace seems to be happening in the Middle East, which actually rose 4% thanks to today’s huge move.”
The major averages soared on news that Iran has reopened the Strait of Hormuz, a key artery for global oil shipments, during the ceasefire between Israel and Lebanon. of Dow Jones Industrial Average increased by 869 points (1.7%). S&P500 and Nasdaq They rose 1.2% and 1.5%, respectively. The Nasdaq extended its winning streak to 13 sessions, the longest consecutive positive session streak since 1992.
Kramer noted that the market’s resilience has been remarkable, with broad participation across sectors driving stock prices higher through nearly every phase of the war.
However, the Middle East conflict is not over yet. President Donald Trump said the US naval blockade of Iranian ships and ports will “continue in full” until Iran reaches an agreement with the US to end the war.
With that in mind, Cramer looked to next week, when jam-packed earnings will determine whether the stock’s rally can continue.
Monday
alaska airlines Kramer said the potential end of the war could revive merger activity across the airline industry as post-conflict conditions improve, although it is not usually a focus.
Tuesday
Kramer is optimistic about what comes next. RTXencouraging investors to buy on the edge ahead of the report. He highlighted the company’s unique combination of defense capabilities and commercial aerospace efforts.
After closing, united airlines Investors are closely monitoring comments regarding a possible merger with american airlines.
Wednesday
“Wednesday was pure dynamite,” Kramer said.
boeing and GE Vernova It could be a “huge move,” the report said. Boeing has been under pressure over concerns that a prolonged conflict will weigh on demand for planes, but Cramer hopes the conference call will address those concerns. GE Vernova remains a major beneficiary of data center power needs, and Cramer said investors are buying the company for orders expected to materialize in the next few years.
data center infrastructure company VertiveThe story, which was reported Wednesday morning, has already seen significant gains heading into earnings. “You want to be careful” with such leads, he warned.
After the bell, tesla. Kramer said investors are far more focused on autonomous driving, robotics and adjacent businesses than core car sales. “We have no interest in classifying Tesla as a car company.”
Thursday
black stone Mr. Kramer said he is seeking clarity on private credit exposures following recent redemption concerns, but expects an overall solid update.
american express is another key name. He noted that stocks often sell on profits and then rebound quickly, so weakness can be an incentive to buy.
he also emphasized lockheed martin They called it a “blockbuster” candidate and rated it as a potential standout candidate, given the government’s strong demand and ultimately continued defense capabilities. “Even if there is no war, this is a place to buy.”
Perhaps the “most important report of the week” will be released after the close of trading, Cramer said. intel. Kramer praised CEO Lipbu Tan for carrying out a major turnaround, but warned that the stock’s reaction could still be muted even after the strong results.
Friday
procter and gamble Although Cramer expects a weak quarter, he still sees the stock as an attractive defensive hedge, with stocks at their lowest levels in years.
Disclosure: Cramer’s Charitable Trust, a portfolio used by CNBC Investment Club, owns stock in Boeing, GE Vernova, and Procter & Gamble.
