In a recent news article, CNBC’s Jim Cramer provided investors with insights into the upcoming earnings season. Cramer acknowledged that news about the Israel-Hamas war would likely overshadow much of next week, but he still recommended paying attention to key reports from companies such as Charles Schwab, Bank of America, and Goldman Sachs. He emphasized that if there is a cessation in the conflict, the market will eventually embrace strong performers.
Cramer highlighted Monday as an important day to watch as Charles Schwab will be reporting. He dismissed concerns about the company’s balance sheet, considering them to be exaggerated. Tuesday will see major companies like Bank of America, Goldman Sachs, Lockheed Martin, Johnson & Johnson, and United Airlines releasing their reports. On Wednesday, Morgan Stanley’s report and earnings from Procter & Gamble and Abbott Laboratories will be in focus. On Thursday, Cramer will closely monitor reports from KeyCorp and Union Pacific, which could serve as a barometer for economic activity. The week will conclude with American Express and SLB reporting on Friday.
Despite the overshadowing impact of the Israel-Hamas war, Cramer encouraged investors to remain vigilant and review the earnings reports of various companies. He believes that a cessation in the conflict could lead to a positive market response for the strong performers. Key reports to watch include those from Charles Schwab, Bank of America, Goldman Sachs, Lockheed Martin, Johnson & Johnson, United Airlines, Morgan Stanley, Procter & Gamble, Abbott Laboratories, KeyCorp, Union Pacific, American Express, and SLB. By closely monitoring these reports, investors can make informed decisions and potentially capitalize on market opportunities.
