CNBC's Jim Cramer on Friday highlighted the biggest events next week on Wall Street, detailing earnings reports from… Nvidia, TGX and Walmart. As post-election fears create an uncertain market landscape, he advised investors to proceed with caution.
“Look, I told you there are a lot of risks in individual stocks when it comes to Trump 2.0. Most of them are buying opportunities,” he said. “But with stocks still much higher than they were a few months ago, you can't be too eager to buy the dips.”
On Monday, Cramer will wait for an investor meeting from… VertifWhich provides companies with the products they need in data centers. He noted that the group is largely immune to any issues that may arise when President-elect Donald Trump takes office. He said investors could open a small position in the company, but he preferred to wait for further weakness to buy.
Tuesday brings profits from Walmart, Louie, Medtronic and Viking Holdings. Cramer praised the two retailers but said investors may want to wait for a pullback before getting into Walmart. Similar to Home DepotHe added that home improvement retailer Lowe's tends to do well when the Fed lowers interest rates. Medtronic has been the winner so far, Kramer continued, as it has integrated artificial intelligence into some of its medical devices. He also said luxury cruise line Viking could be a good buy before and after earnings.
Retailers goal and Williams Sonoma He will report Wednesday morning. Cramer recommended investors “wait and see” with Target, as Wall Street is concerned about the impact of potential tariff increases by the Trump administration. He noted that TJX tends to sell off on reports, while Williams-Sonoma can “catch fire” during a rate-cutting cycle. After the market closes. Palo Alto Networks And Nvidia reports, and Cramer said both could be sold after earnings.
Thursday, gap and Intuit They are assigned to report. Cramer said he would be a buyer of retail clothing stores before the quarter. Although he said he likes enterprise software company Intuit, he “can't get excited” about the stock until it cools down. Procter & Gamble and General Electric Healthcare Technologies He will host investor days on Thursday. Cramer said the consumer goods company has valuable insight on topics including China, raw costs and tariffs. He added that a medical technology company can tell a good story that will resonate with investors.
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Disclaimer The CNBC Investing Club Charitable Trust owns shares of Nvidia, TJX, GE Healthcare, Home Depot, and Palo Alto Networks.
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