Homepage / Technology / Cramer's game plan: A divided bull market, but a bull all the same
Amazon says this Prime Day was its biggest shopping event ever Kudlow says President Trump is 'so dissatisfied' with China trade talks that he is keeping the pressure on As stocks regain their footing, an ominous warning looms Goldman Sachs downgrades Clorox to sell, says valuation is 'unsustainably high' How Satya Nadella has spurred a tripling of Microsoft's stock price in just over four years Kudlow says economic growth could top 4% for 'a quarter or two,' more tax cuts could be coming The one chart that explains Netflix’s stunning comeback US housing starts plunge 12% in June to a nine-month low Aerospace titans Boeing and Airbus top $110 billion in orders at Farnborough Target uses Prime Day to its advantage, logging its 'biggest online shopping day' so far this year Billionaire Marc Lasry sees bitcoin reaching up to $40,000 as it becomes more mainstream and easier to trade These are the 10 US airports where you're most likely to be hacked Amazon shares slightly higher as investors await Prime Day results Wreck of Russian warship found, believed to hold gold worth $130 billion A bullish ‘phenomenon’ in bond market is weeks away from fading, top credit strategist says Stocks making the biggest moves premarket: MS, GOOGL, TXN, UAL, NFLX & more Twitter shares up 50% since late April means most upside priced in, analyst says in downgrade EU fines Google $5 billion over Android antitrust abuse Mortgage applications fall 2.5% as buyers struggle to find affordable homes America may not have the tools to counter the next financial crisis, warn Bernanke, Geithner and Paulson Investors are getting spooked as the risk of a no-deal Brexit rises EU expected to fine Google $5 billion over Android antitrust abuse Ex-FBI chief James Comey urges Americans to vote for Democrats in midterm elections Elon Musk apologizes to British cave diver following baseless 'pedo guy' claim Disney, Comcast and Fox: All you need to know about one of the biggest media battles ever Xiaomi shares notch new high after Hong Kong, mainland China stock exchanges reach agreement The trade war is complicating China's efforts to fix its economy European markets set for a strong open amid earnings; Google in focus Hedge fund billionaire Einhorn places sixth in major poker tournament The biggest spender of political ads on Facebook? President Trump Asian stocks poised to gain after Fed's Powell gives upbeat comments; dollar firmer Stocks are setting up to break to new highs Not all FAANG stocks are created equal EU ruling may be too little, too late to stop Google's mobile dominance Cramer explains how Netflix's stock managed to taper its drop after disappointing on earnings Airbnb condemns New York City's 'bellhop politics,' threatens legal retaliation Amazon sellers say they were unfairly suspended right before Prime Day, and now have two bad choices Investor explains why 'duller' tech stocks can have better returns than 'high-flying' tech names Elon Musk is 'thin-skinned and short-tempered,' says tech VC Texas Instruments CEO Brian Crutcher resigns for violating code of conduct Google Cloud Platform fixes issues that took down Spotify, Snapchat and other popular sites Uber exec: We want to become the 'one stop' transportation app 'What a dumb hearing,' says Democrat as Congress grills tech companies on conservative bias Amazon shares rebound, report says Prime Day sales jumped 89 percent in first 12 hours of the event How to put your medical history on your iPhone in less than 5 minutes Investment chief: Watch these two big events in 2018 Even with Netflix slowing, the market rally is likely not over Cramer: Netflix subscriber weakness debunks the 'sky's the limit' theory on the stock Netflix is looking at watch time as a new area of growth, but the competition is stiff Why Nobel laureate Richard Thaler follows Warren Buffett's advice to avoid bitcoin Rolls-Royce is developing tiny 'cockroach' robots to crawl in and fix airplane engines After Netflix plunge, Wall Street analysts forecast just tame returns ahead for the once high-flying FANG group Roku shares rise after analyst raises streaming video company's price target due to customer growth China is investing 9 times more into Europe than into North America, report reveals Amazon says US Prime Day sales 'so far bigger than ever' as glitch is resolved Netflix is on pace for its worst day in two years US lumber producers see huge opportunity, rush to expand San Francisco to consider tax on companies to help homeless Homebuilder sentiment, still high, stalls as tariffs, labor and land drive up costs Powell backs more rate hikes as economy growing 'considerably stronger' Netflix history is filled with big stock declines – like today – followed by bigger rebounds Intel shares get downgraded by Evercore ISI due to rising competition from Nvidia, AMD Petco aims to reinvent the pet store with something you can't buy online Genetic testing is coming of age, but for consumers it's buyer beware Tech 'FAANG' was the most-crowded trade in the world heading into the Netflix implosion, survey shows Netflix weak subscriber growth may indicate a 'maturity wall' that could whack the stock even more: Analyst This chart may be predicting the bull market's demise Wall Street says Netflix's stock plunge is a ‘compelling’ buying opportunity because the streaming giant ‘never misses twice’ Tesla sinks after Musk tweets, again Boeing announces new division devoted to flying taxis Stocks making the biggest move premarket: NFLX, UNH, GS, AMZN, WMT & more Deutsche Bank downgrades Netflix, but says big subscriber miss is not 'thesis changing' IBM is experimenting with a cryptocurrency that’s pegged to the US dollar North Korea and Zimbabwe: A friendship explained Virgin Galactic spinoff Orbit to launch rockets from the UK with space deal Artificial intelligence will create more jobs than it destroys? That’s what PwC says ‘Treasonous’ Trump and ‘Putin’s poodle:' Scathing headlines follow the Trump-Putin summit China’s fintech companies offer ‘enormous’ opportunity, investment manager says Trump's performance at summit with Putin was 'unprecedented,' experts say Walmart and Microsoft link up on cloud technology as they both battle Amazon European stocks seen mixed amid earnings; Fed’s Powell to address Congress How I knew I should quit my day job and run my start-up full-time: Viral website founder China's stocks have been trounced, but the trade war may ultimately be good news for those shares Billionaire tech investor Peter Thiel bets on crypto start-up Block.one Asian shares subdued open after mixed close on Wall Street; energy stocks under pressure Amazon cloud hits snags after Amazon Prime Day downtime Netflix isn't doomed by one quarter unless people start questioning the long-term investor thesis Tech stocks set to sink on Tuesday after rough evening for ‘FANG’ Netflix plummets after missing big on subscriber growth This wristband lets humans control machines with their minds The U.S. has a rocky history convincing Russia to extradite computer criminals Amazon suffers glitches at the start of Prime Day Jeff Bezos is now the richest man in modern history 'The United States has been foolish': Read Trump and Putin's full exchange Goldman Sachs recommends these 5 highly profitable companies — including Nvidia — to combat rising inflation Goldman Sachs releases 'tactical' stock picks for this earnings season Three red flags for Netflix ahead of its earnings report The bond market may be raising recession fears, but don't expect one anytime soon Cramer: Banks are 'making fortunes' but are still as hated as they were during the financial crisis Putin told Trump at summit: Russia never meddled in US election


Cramer's game plan: A divided bull market, but a bull all the same

After Amazon, Alphabet, Microsoft and Intel strongly capped off a busy week of earnings, CNBC’s Jim Cramer said the action in their stocks told an important story about this market.

“I think it’s all business as usual, except with some incredibly large-capitalization companies as the focus,” the “Mad Money” host said. “Businesses that deliver amazing results get rewarded immediately with wholesale revaluations.”

The positive action spread beyond the stocks of the four technology giants; shares of ancillary companies like Facebook, Adobe and Apple shared in the gains.

That made Cramer wonder whether the market could see an encore, so he turned to the stocks and events he’ll be watching as the last of the big-cap stocks he follows report.

Cramer was concerned ahead of Mondelez’s Monday evening earnings report because Wall Street seems to have turned negative on the consumer packaged goods group.

“It doesn’t seem to matter whether this company delivers a good number or not,” he said. “Earlier this week, Hershey reported what looked to me to be a decent showing. The stock got clocked. Mondelez’s stock’s already been crushed. But this group keeps self-immolating. I’d say be careful.”

Kellogg: Management will undoubtedly try to put on a good face after Kellogg’s stock hit a fresh 52-week low on Friday, Cramer said.

“Kellogg has almost no growth and sports a 3.6 percent yield – decent, but not enough to be attractive,” the “Mad Money” host said. “If management cares about its stock, they’d put the business up for sale. Unfortunately, my understanding is that’s the last thing they’ll do.”

Pfizer: Cramer expected investors to “yawn,” then sell Pfizer’s stock after its earnings report due to broader weakness in the drug stocks.

Mastercard: Cramer’s pick of the week is financial services giant Mastercard, which will report its earnings before Tuesday’s opening bell.

“I believe that CEO Ajay Banga will put up some amazing numbers and even though the stock’s already up 44 percent for the year, I think … Mastercard can still head higher,” Cramer said.

Allergan: Few of Cramer’s stock recommendations have turned out worse than Allergan, he admitted.

Wednesday’s earnings results should explain whether the stock’s fall from $252 a share to $178 was justified, but regardless of how much Allergan misses, Cramer said the stock should be worth more than where it’s trading.

Facebook: Shares of Facebook have climbed higher ahead of its Wednesday earnings report, but Cramer and the rest of the market have few reservations about the social media giant’s quarter.

“There are so many positive read-throughs from Alphabet and Amazon, let alone Twitter, which gave you a really fantastic earnings report just yesterday, that it’s tough to resist the stock of the social media giant,” the “Mad Money” host said.

Kraft Heinz: Cramer hates to chase stocks, so he would rather pay up for shares of Amazon than buy into this consumer foods play, which also reports its earnings Wednesday.

“This company’s growth is so anemic, I’d rather just own a utility, any utility … unless Kraft Heinz can find someone, a competitor, to buy,” he said. “Not only is it pressured by millennials, who seem to oppose their wares in principle, but the remaining food companies seem addicted to going it alone.”

Activision Blizzard: Cramer expects a good quarter from the gaming giant, which he sees as well positioned to benefit from the explosion in eSports.

“We think of this company as a gaming enterprise, but maybe we should be thinking of it as an owner of teams in a whole new type of sport that sells out the house with aplomb,” he said.

Starbucks: Lowered expectations could cloud the rest of Starbucks’ earnings report, which Cramer said could show improvement in the “mosh pit” problems the coffeemaker had with its mobile ordering system.

“If you don’t own it yet, why don’t you wait to see it report?” he suggested.

Apple: Cramer sees three hidden positives developing around Apple ahead of its earnings report.

  1. Most of Wall Street expects Apple to report a bad quarter, which Cramer likes because it lowers the risk.
  2. People are confused about whether to buy the iPhone 8 now or wait until the iPhone X comes out. “I say great, there will be plenty of people who’ll be sampling both and buying one or the other well into 2018,” Cramer said.
  3. There’s been a lot of criticism that neither new iPhone brings anything new to the table, but Cramer has always been amazed by the new smartphones’ features.

“I’m reiterating that you should buy Apple and own Apple, not trade Apple,” Cramer concluded. “As long as CEO Tim Cook is at the helm, as long as everyone in my family covets Apple’s superb products, and as long as the stock is this cheap, I’m going to stick by that mantra.”

Commercial real estate services company CBRE reports on Friday. Cramer said he thinks the world of the building giant ahead of what could be a strong quarter.

“By this time next week, we’ll be done with the bulk of the big-cap stocks that are very exciting and can make a lot of waves in the stock market. I think we’ll find a continuation of this week’s action, where the techs, the financials and the industrials keep going higher, while everyone else just kind of lags behind. It’s that kind of market. It’s a bifurcated bull, but a bull none the same,” the “Mad Money” host said.

Disclosure: Cramer’s charitable trust owns shares of Alphabet, Facebook, Apple, Allergan, Activision Blizzard and Starbucks.

Questions for Cramer?
Call Cramer: 1-800-743-CNBC

Want to take a deep dive into Cramer’s world? Hit him up!
Mad Money TwitterJim Cramer TwitterFacebookInstagramVine

Questions, comments, suggestions for the “Mad Money” website? madcap@cnbc.com

Source: Tech CNBC
Cramer's game plan: A divided bull market, but a bull all the same

Comments are closed.