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

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. …
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. ON Semiconductor and many other chipmakers have been "on fire," Cramer said, adding that the results of auto-focused peer NXP Semiconductors bodes well for its upcoming numbers. Tuesday Data center demand remains front and center, and Cramer expects a solid quarter from Eaton because its power systems and cooling equipment are directly tied to the ongoing expansion of AI infrastructure. Eaton is a holding in Cramer's Charitable Trust, the portfolio used by the CNBC Investing Club. Advanced Micro Devices , which reports after the bell, is one of Cramer's top upside picks. …
Original source: CNBC Top News
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