Semiconductor scarcity to be in focus yet once again

CNBC’s Jim Cramer on Friday expected next week’s of profits reports, detailing for financiers his crucial market occasions to watch on.

The “Mad Money” host’s remarks followed all 3 significant U.S. equity indexes closed at record highs Friday, regardless of frustrating quarterly outcomes a day previously from market heavyweights Amazon andApple

All income and per-share profits forecasts are based upon FactSet quotes:

On Semiconductor

• Q3 results prior to the bell; teleconference at 9 a.m. ET Monday
• Projected EPS: 74 cents
• Projected sales: $1.7 billion

NXP Semiconductors

• Q3 results; teleconference at 8 a.m. ET Tuesday
• Projected EPS: $2.75
• Projected sales: $ 2.85 billion

Both business’ profits will provide “a read on one of the biggest stories in this market, and that’s the semiconductor shortage,” Cramer stated. “They do a lot of auto semis, and they’ve got exposure to many of the others areas where there are the biggest bottlenecks.”

Diamondback Energy

• Q3 results after the close; teleconference at 9 a.m. ET Tuesday
• Projected EPS: $2.79
• Projected income: $1.54 billion

Clorox

• Q1 2022 results after the bell; teleconference at 5: 30 p.m. ET Monday
• Projected EPS: $1.03
• Projected income: $1.7 billion

“I hope for the best, but I am preparing for the worst,” Cramer stated, keeping in mind the home items maker might not have the ability to go through all of its greater product expenses, potentially harming margins.

Estee Lauder

• Q1 2022 results prior to the open; teleconference at 9: 30 a.m. ET Tuesday
• Projected EPS: $1.70
• Projected sales: $4.25 billion

DuPont

• Q3 results prior to the bell; teleconference at 8 a.m. ET Tuesday
• Projected EPS: $1.12
• Projected sales: $4.16 billion

Cramer’s charitable trust owns both Estee Lauder and DuPont. “I don’t expect them to have superb quarters. Fortunately, the expectations are low, though, so it won’t take much to produce an upside surprise that moves the stocks up,” he stated.

Pfizer

• Q3 results prior to the open; teleconference at 10 a.m. ET
• Projected EPS: $1.08
• Projected income: $2258 billion

“Unlike Moderna, Pfizer’s a lot more complicated than just a Covid vaccine story. See, they’re facing what’s known as a patent cliff next year,” Cramer stated. “We need to know if the boosters, which cost a lot of money, … are going to cover the patent cliff.”

BP

• Q3 results prior to the bell; teleconference at 5 a.m. ET Tuesday
• Projected EPS: ₤ 10.83
• Projected income: ₤2906 billion

Devon Energy

• Q3 results after the close; teleconference at 11 a.m. ET Wednesday
• Projected EPS: 93 cents
• Projected sales: $3.23 billion

T-Mobile

• Q3 results after the close; teleconference at 4: 30 p.m. ET Tuesday
• Projected EPS: 48 cents
• Projected income: $2022 billion

“The [telecommunications] market has actually got a clear chain of command: T-Mobile for development, Verizon for the dividend, and AT&T for absolutely nothing. Let’s see the number of customers T-Mobile has actually had the ability to take from its competitors when they report,” Cramer unfortunate.

Zillow

• Q3 after the close; teleconference at 5 a.m. ET Tuesday
• Projected EPS: 16 cents
• Projected income: $2 billion

“They had to put the real estate flipping business on pause because the economics turned out against them, but what does that really mean? We’re going to find out on Tuesday,” Cramer stated.

CVS Health

• Q3 results prior to the bell; teleconference at 8 a.m. ET Wednesday
• Projected EPS: $1.79
• Projected income: $705 billion

“This stock’s been on a roll, bolstered by Covid vaccines and superior execution, at least compared to arch-rival Walgreens. I don’t know if it can continue now that the pandemic’s winding down, but remember that CVS also has a huge health insurance business,” Cramer stated.

Humana

• Q3 results prior to the open; teleconference at 9 a.m. ET Wednesday
• Projected EPS: $4.66
• Projected income: $209 billion

Cramer stated he anticipates the health insurance provider’s numbers to be even much better than competitors Centene and UnitedHealth Group.

Marriott International

• Q3 results prior to the bell; teleconference at 8: 30 a.m. ET Wednesday
• Projected EPS: 99 cents
• Projected sales: $3.71 billion

Wynn Resorts

• Q3 results after the close
• Projected EPS: Loss of $1.36
• Projected income: $943 million

Cramer stated he anticipates Marriott International to have a much better story to outline the hospitality healing compared to Wynn Resorts, which his charitable trust owns. He stated that’s since of Wynn Resorts’ direct exposure to the video gaming center ofMacau

Qualcomm

• Q4 results after the close; teleconference at 4: 45 p.m. ET Wednesday
• Projected EPS: $2.26
• Projected income: $8.85 billion

“They’ll give us more insight into the cellphone market, but I bet that can’t be that positive, either,” Cramer stated, mentioning the chip crunch.

Etsy

• Q3 results after the close; teleconference at 5 p.m. ET Wednesday
• Projected EPS: 55 cents
• Projected income: $519 million

“I bet CEO Josh Silverman will have a lot of good to say about his e-commerce platform for handicrafts—should make a nice contrast to Amazon’s disappointing quarter,” Cramer stated.

Uber

• Q3 results after the close; teleconference 5 p.m. ET Thursday
• Projected EPS: Loss of 34 cents
• Projected income: $4.41 billion

“I think Uber can deliver, but the stock’s been kept down by persistent sellers, so even a good quarter might not matter, at least not until these weak hands finish dumping their shares,” Cramer stated.

Skyworks Solutions

• Q4 results after the bell; teleconference at 4: 30 p.m. ET Thursday
• Projected EPS: $2.55
• Projected sales: $1.3 billion

“Maybe they give us some insight into when the chip shortage nightmare can come to an end,” Cramer stated.

Peloton

• Q1 2022 results after the close; teleconference at 5 p.m. ET Thursday
• Projected EPS: Loss of $1.10
• Projected sales: $809 million

The physical fitness devices maker was a significant pandemic winner, however the stock has actually had a hard time to get traction because financiers moved towards resuming plays, Cramer stated. “I think they’ve got their work cut out for them.”

Square

• Q3 results after the close; teleconference at 5 p.m. ET Thursday
• Projected EPS: 37 cents
• Projected income: $4.38 billion

“I’m betting their mojo will be absent for now, mojo being a technical term on Wall Street for the massive love a stock gets after a monster beat and raise quarter,” Cramer stated.

Enbridge

• Q3 results prior to the bell; teleconference at 9 a.m. ET Friday
• Projected EPS: 57 cents
• Projected income: $9.62 billion

Cramer stated he likes the business’s dividend payment. “Plus, we have a real shortage of energy infrastructure, so I bet business is good,” Cramer stated.

The Labor Department’s report on nonfarm payrolls for the month of October is out at 8: 30 a.m. Friday, however Cramer warned the current month-to-month reports have actually been “all over the map right now,” making their look “seem deceiving.”