CNBC’s Jim Cramer mentioned Friday that buyers are nervous about how the coronavirus epidemic in China might affect U.S. companies and the market is feeling the affect because the novel virus continues to unfold exterior that nation.
“An important factor it’s essential find out about subsequent week is that the coronavirus will colour the whole lot,” the “Mad Money” host mentioned. “If the scenario stays as fluid … or if it stays dynamic, prepare for February to finish with a nasty whimper and a bear filled with bang.”
Cramer went on to current his recreation plan for the week forward:
Monday: HP, Palo Alto earnings
HP, which is being focused for a merger from Xerox, will report earnings from its first quarter of the 2020 fiscal 12 months after the closing bell. The pc and printer firm is estimated to report $14.6 billion in income and 54 cents of earnings per share.
“HP desires to stay unbiased and a powerful earnings report, and a concomitant rally, will assist them do this,” Cramer mentioned.
Palo Alto Networks additionally reviews after the market closes. The cloud networking supplier is forecast by analysts to herald $844 million in income and $1.12 in earnings per share.
“Final time this cyber-security kingpin delivered a terrific quarter and the inventory rallied accordingly,” the host mentioned. “This time it may very well be a bit more durable.”
Tuesday: Residence Depot, Macy’s, Salesforce.com, Toll Brothers, The RealReal, Virgin Galactic
Home Depot reviews fourth-quarter outcomes earlier than the opening bell. The house enchancment retailer is predicted to indicate nearly $25.7 billion in income and $2.11 in revenue per share.
“Residence Depot nearly at all times is available in too scorching,” Cramer mentioned. “It’s doing the very same factor this time, which is why I feel it is too late to purchase forward of the quarter.”
Macy’s additionally reviews its fourth-quarter efficiency within the morning. Analysts anticipate income of $8.three billion and earnings of $1.96 per share from the troubled division chain, in line with FactSet.
“Macy’s wants to indicate one thing good, some progress, or I predict extra debt downgrades and a inventory that may’t even maintain the $15 stage,” the host mentioned.
Salesforce.com delivers its December report after the market closes. The cloud software program supplier is forecast to indicate greater than $4.7 billion in income and 56 cents of earnings per share. The inventory is up greater than 17% to $189.50 because it final reported in December.
“We personal Salesforce for my charitable belief, which you’ll observe by becoming a member of the ActionAlertsPlus.com membership, and we simply truly trimmed some,” Cramer mentioned. “We had an enormous achieve. Bulls earn cash, bears earn cash, and hogs — hogs get slaughtered.”
Toll Brothers reviews within the morning. The homebuilding firm is estimated to print $1.Four billion on the income line and dish out earnings of 46 cents per share.
“When you will have rates of interest this low, there are some actual winners and considered one of them is Toll Brothers,” Cramer mentioned. “I anticipate Toll to report a superb quarter.”
The RealReal is about to report its closing quarterly report of 2019 after the market closes. The web consignment retailer, whose shares nosedived after a CNBC investigation raised doubts about its goods authentication process, is estimated to provide $91.Four million in gross sales and losses of 19 cents per share, in line with FactSet.
Virgin Galactic reviews fourth-quarter earnings after the closing bell. Wall Road estimates the spaceflight firm, co-founded by Virgin Group founder Richard Branson, to do $750,000 in gross sales and 21 cents of losses per share, in line with FactSet.
“That is the poster baby for the form of ultra-speculative shares which have exploded increased of late, though it completely cooled off right this moment,” Cramer mentioned. “Possibly they will inform us that they are forward of schedule, however I am skeptical and I justifiably assume it is dropping altitude.”
Wednesday: Lowe’s, TJX, Marriott Worldwide, Etsy and Sq. earnings
Lowe’s reviews outcomes from the December quarter within the morning. The house refurbishing chain is projected to herald $16 billion in income and 91 cents of earnings per share.
TJX Companies, the mum or dad of T.J. Maxx, additionally reviews within the morning. The off-price retail firm is estimated to indicate $11.Eight billion in income and 77 cents of earnings per share.
Marriott International has an earnings launch after the closing bell, however the firm will not host a convention name till the next morning. The resort chain is forecast to herald $5.5 billion in gross sales and $1.47 in earnings per share.
Etsy has an earnings report popping out after the market closes. The web crafts retailer is predicted to ship $265 million in gross sales and 16 cents of revenue per share.
Square reviews within the afternoon. The monetary expertise firm is estimated to provide $592 million of income and 21 cents in earnings per share.
Thursday: Finest Purchase, Anheuser-Busch InBev, Keurig Dr. Pepper, Dell Applied sciences, Occidental Petroleum, EOG Assets earnings
Best Buy reviews earlier than the morning bell. The electronics retailer is predicted to indicate $15 billion in income and $2.75 in earnings per share, in line with FactSet.
Anheuser-Busch InBev has an earnings launch within the early morning. The beer firm is projected to indicate greater than $12.6 billion in income and earnings per share of 83 cents.
Keurig Dr. Pepper reviews earlier than the market opens for buying and selling. Wall Road expects the beverage firm to file almost $three billion in income and 35 cents of revenue per share.
Dell Technologies has a fourth-quarter report popping out after the closing bell. The pc maker is estimated to have $24.Four billion of income and earnings per share of $1.97, in line with FactSet.
“I am a believer, nevertheless it’s been a troublesome slog. We’d like quarter for Dell to interrupt out of its vary. Dell’s subsidiary VMware — they report, too, and we’re speaking a few cloud king, so subsequently I anticipate good numbers.”
Occidental Petroleum will disclose its fourth-quarter report after the market closes and hosts a convention name the day after. The corporate is projected to report $6.2 billion of gross sales and losses of 16 cents per share.
EOG Resources releases its earnings report after the closing bell, however executives will not host a shareholder name till the next morning. The oil producer is predicted to herald greater than $4.three billion in income and $1.16 of earnings per share.
Friday: Workday, Commerce Desk, Wayfair earnings
Workday reviews earnings after the closing bell. The cloud-computing firm is predicted to herald $965 million in income and 40 cents of earnings per share, in line with FactSet.
Trade Desk additionally has an earnings launch after the market closes. The digital advertising firm is estimated to have $213 million in income and $1.17 of earnings per share.
Wayfair reviews within the morning. The web furnishings retailer is predicted to report $2.5 billion of income, however $2.63 of losses per share.
Disclosure: Cramer’s charitable belief owns shares of Salesforce.com.