CNBC's Jim Cramer on Friday walked investors through next week on Wall Street.
He highlighted new economic data and the expected release of Apple's latest iPhone model."As we head into the next week, keep in mind that we're stuck in the month of September, a historically terrible month for the market where bad news is bad news, and good news is fleeting," Cramer said.
"It's not the end of the world, people, but it is an awful stretch of the calendar.". He said he likes the company's retail concept, adding that it holds a lucrative position in smaller U.S. towns. Cramer suggested he would buy some shares before and after the report, saying the company is "just the kind of out-of-the-way story that could work in this tape.". Cramer said Oracle's stock has been performing better since the company "reinvented itself" to focus on data centers instead of purely software. But even a solid quarter could spur profit-taking because the market has been "fickle" as of late, he continued. Cramer expressed confidence in drone maker AeoVironment as the U.S.'s defense budget balloons. Like Oracle, good results could also trigger profit-taking, Cramer continued, even as he thinks the company will have "a terrific story to tell." But Cramer said he doesn't feel the same way about GameStop, suggesting he's not too optimistic about its results. The Labor Department will release two important inflation metrics next week — the Producer Price Index on Wednesday and the Consumer Price Index on Thursday. Cramer said Wall Street is looking for data that would encourage the Federal Reserve to cut interest rates more aggressively. Tame numbers could spell good news for the market, he said, but cautioned that nothing bullish is lasting in September.. Cramer was optimistic about the grocery giant's quarterly results and a potential rally, saying the company has seen success because it's been able to keep its prices steady. But he wasn't sure about Adobe, saying the software company has fallen out of favor on Wall Street as investors worry about competition in the artificial intelligence space. Cramer said he expects tariff news on Friday, perhaps the long-awaited duties on semiconductor imports. The prospect of those tariffs has been weighing on Wall Street, he continued.
Stock Markets Investment Strategy Business Markets Oracle Corp Gamestop Corp Aerovironment Inc Apple Inc Casey's General Stores Inc Kroger Co Adobe Inc Business News
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Apple Watch Series 11: five new features that will make you want to upgrade next weekAbdullah loves smartphones, Virtual Reality, and audio gear. Though he covers a wide range of news his favorite is always when he gets to talk about the newest VR venture or when Apple sets the industry ablaze with another phenomenal release.
Read more »
Apple iPhone 17 Air: Price And Unexpected Design Change Revealed In New ReportThe new super-slim iPhone has two surprises up its sleeve, according to the latest report.
Read more »
Walmart Restocks the Fitbit Charge 6 for Less Than Amazon, Just as New Apple Watches ApproachIf you're looking to track all your steps, workouts, and other stats, this is one great way to do oit.
Read more »
'Highest 2 Lowest' is now streaming—How to watch new Spike Lee movie for freeThe new film, a co-production between A24 and Apple, is heading to Apple’s streamer.
Read more »
iOS 26 Release—What To Know About Apple’s Radical New iPhone UpdateApple's iOS 26 will arrive any minute now. While you wait for Apple's radical new iPhone update, here are the key things you need to know.
Read more »
Apple Loop: Surprise iPhone 17 Pro Price Decision, Final iPhone 17 Leaks, Apple’s iPhone WarningThis week’s Apple headlines; iPhone 17 price rises, iPhone 17 Pro upgrade leaks, Apple calls in Google AI, malicious texts warning, place your bets for One More Thing, and more...
Read more »