Menu

Post image 1
Post image 2
Post image 3
1 / 3
0

Jim Cramer says the market powered through a tough earnings week but 'that doesn't mean we're out of the woods yet'

CNBC·Alexa LoMonaco·about 1 month ago
#CVk6wKwF
Reading 0:00
15s threshold

CNBC's Jim Cramer said the market just powered through the toughest week of earnings "with flying colors," but warned that next week could be even more treacherous. "All the big techs did well … Everything connected with the data center went bonkers ," the " Mad Money " host said. However, he cautioned against complacency. "That doesn't mean we are out of the woods yet," Cramer said, calling the week ahead "more eclectic, jam-packed on some days, and, frankly, more prone to disappointment." The weekend Berkshire Hathaway reports alongside its annual meeting, its first since Greg Abel took the CEO mantle from Warren Buffett . Recent underperformance may reflect the fading "Buffett premium," but Cramer thinks that could be short-sighted. Monday Palantir reports after the close. While sentiment has turned against pricey software stocks, Cramer said not to trade around the stock given its strong business.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More