Cramer’s week ahead: Don’t let the Fed’s meeting obscure investing opportunities
Cramer’s week ahead: Don’t let the Fed’s meeting obscure investing opportunities
Dec 09, 2022 by CNBC
Key Facts
- Oracle Q2 2023 earnings release at 4 p.m. ET; conference call at 5 p.m. ET Projected EPS: $1.17 * Projected revenue: $11.95 billion "At 16 times earnings, I just don't see how much there is to lose," he said.
- Wednesday: Lennar Q4 2022 earnings release at 4:30 p.m. ET; conference call on Thursday at 11 a.m. ET Projected EPS: $4.88 * Projected revenue: $9.98 billion He predicted that the company will likely report a "terrific" quarter, which would be bad news for the Fed's battle against inflation.
- Thursday: Adobe Q4 2022 earnings release at 4:05 p.m. ET; conference call at 5 p.m. ET Projected EPS: $3.50 * Projected revenue: $4.53 billion Cramer said that it's too soon to buy shares of Adobe.
- Accenture Q1 2023 earnings release at 6:45 a.m. ET; conference call at 8 a.m. ET Projected EPS: $2.92 * Projected revenue: $15.58 billion "If you think, as I do, that companies will cut back on digitization going forward in order to attempt to save money, you might want to avoid Accenture," Cramer said.
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