Jim Cramer's Week Ahead: Focus on Fed Meeting and Big Tech Earnings

As Wall Street gears up for earnings season, CNBC's Jim Cramer emphasized the importance of the upcoming Federal Reserve meeting and the earnings reports from several major tech companies. He advises investors to refrain from making significant moves during this busy time.

"It's going to be a hectic week. Expect a whirlwind of earnings announcements and potential remarks from President Trump that might disrupt market trends," he remarked. Cramer suggests that rather than making hasty decisions, investors should listen carefully to the developments in the market.

On Monday, Cramer plans to analyze the earnings reports from SoFi and AT&T. He anticipates positive results from SoFi, despite its stock facing heavy short selling. He also believes AT&T will perform well, particularly given the recent solid results from its competitor, Verizon.

Tuesday will feature earnings from General Motors, which Cramer expects to be strong, although he notes that the focus might be on Tesla within the auto industry. Starbucks will also release its earnings that day, and Cramer has high hopes for the new CEO, Brian Niccol, who previously transformed Chipotle.

Wednesday is set to be a packed day as the Federal Reserve will announce its latest interest rate decision. Cramer doesn't anticipate a rate cut given the strength in employment figures. Earnings reports from T-Mobile and ServiceNow are expected as well. Cramer believes T-Mobile's stock is likely to increase, while ServiceNow might be an attractive buy if its stock dips post-report. The tech giants Microsoft and Meta are also scheduled to report earnings, which Cramer considers as wild cards. Additionally, Tesla will reveal its earnings; Cramer encourages holding onto the stock even after a previous quarter miss if the outlook remains positive.

On Thursday, Caterpillar will present its earnings, and Cramer believes the company is strategically positioned for growth beyond cyclical factors. Apple will also announce its earnings, with Cramer acknowledging the expectation of a potential miss. However, he still views it as a solid long-term investment, confident that Apple can address its current challenges. Finally, Intel is set to report earnings; Cramer mentions it needs to focus on improving its cash flow and balance sheet before it becomes a buy.

Lastly, on Friday, reports from Chevron and Exxon Mobil are expected. Cramer expresses hesitation in investing in these oil giants due to potential increases in drilling after regulatory relaxations by President Trump.

Also on Friday, the Labor Department will release the personal consumption expenditures price index, which is a crucial inflation indicator for the Fed. Cramer believes that the inflation data will not appear favorable, attributing it to continued high spending levels.

Fed, Earnings, Tech