저자: JimCramer · 외국인
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미국 고용보고서는 가속 고용이나 과거 두 달 하향 수정으로 연준 금리인하 여지를 주는 연착륙형으로 평가. 다음 주는 중국과의 무역 협상(희토류↔엔비디아 칩), 애플 WWDC, 5월 CPI, 오라클·어도비 실적을 주목. 웨스트 예측은 제한적이며 Uber 상승과 Deere 추가 상승을 언급.
다듬은 글
Hey, I'm Kramer. Welcome to Man Budd. Hey, to entertain. I'm educating you. I'm teaching you. I'm doing everything tonight. So, call me 1800 743 CBC preview Jim Kramer. All right. We got something amazing today. A nonfarm payroll report that showed some accelerated job growth, but also downward revisions of the last two months.
Therefore, give us a soft read. One that gives the Federal Reserve a lot more leeway for a rate cut. I know President Trump sure once the market exploded higher from the get-go and it didn't falter. That was in part because of the just right labor report. In part because the president didn't hurt his cause by tearing into our trading partners.
In the end, the Dow gained 443 points as we climbed 1.03% and the NASDAQ jumped 1.20%. Hey, what's on tap for next week's game plan, you probably asked. Well, I've got it right here. Okay, let's go there. First of all, the week starts off with a meeting and we don't know what's going to happen. a meeting with the Chinese to try to hammer out some sort of trade deal or at least start getting us a little talking a little more.
We have no idea where the two sides are, but we know this. The Chinese have something we need. Rare earth materials essential for the auto industry. And well, we've got something that they need. Okay? Now, without what they without these rare earth materials, what's going to happen is our auto factories are going to have to shut down soon.
At the same time, the Chinese desperately want Nvidia's better semiconductors. Can a deal be made? Is that an even trade? Secretary Besset will be part of the talk. So, I'm actually optimistic something get done because I he ain't a bombthrower. Apple stock just had a second straight positive week. That's an unusual occurrence of late.
And some of the newfound luster might be in anticipation of Monday's worldwide developers conference. Now, there's a lot of BI who talk about this, but this is just this is a software event, not a hardware event. They're not going to unveil new hardware and it's usually not a catalyst for the stock to move.
But it's obvious from today's aggressive buying that some speculators think this time is different. It's been hard to own Apple of late. Whether because it doesn't have a top-notch AI offering or because it's been targeted by the White House for shifting some of its Chinese manufacturing over to India.
The president wants the iPhone to be built in the USA. But it's not economically feasible. It's cheaper for Apple to just pay the tariff. The contentious relationship with Trump doesn't help at all. But maybe Apple can catch a break now that Elon Musk is drawing so much fire. That's my view that is contentious from the outside.
Some might actually think it's convivial. I just don't get that feeling. Also on Tuesday, Capital One speaking at a Morgan Stanley conference, which will be the first time it's told the story of its merger with Discover Financial, which I think will be huge, and that's why we have a nicesized position in this one for the travel trust, which you can follow by joining the CNBC investing club.
I think the synergies here are fabulous. And Richard Fairbank, the CEO of Capital 1, understands credit cards as well as anyone on earth. It should be a very good meeting. Maybe that's why the stock was up six bucks today in anticipation of Fairbank telling a great story. Now, James Smucker reports Tuesday before the bell.
Now, I I don't I don't know if it can escape the packaged foods purgatory that everyone seems to be involved in. This group acts the way that the coal stocks did not that long ago. Wow, what a compare. Smucker makes jams and peanut butter. So far, okay. Right. But its most exciting offerings are the Uncrustables, which are fantastic sellers.
Now, I wish I could pound the table on the stock with it nearly 4% dividend yield, but the secular decline of the packaged food sector is just too powerful. And who knows whether the Secretary of Health and Human Services will go for the uncrustable. We've also got a very important analyst meeting on Tuesday with deer.
The story agricultural equipment company can tell a tremendous story about farmer orders. You know what? I think it can go higher still. I saw an upgrade today. Uh after the close, we hear from GameStop, which is now gone all crypto. Well, that's a lot better than being a just a gaming retailer in secular decline.
That's not saying much. So, you'll see the gaming stuff and then you'll see the crypto stuff and the crypto stuff is what's going to drive the stock higher probably. Now, we got a very popular IPO this week. It's called Circle Internet Group, which is a crypto platform and buyers went crazy for it. So crazy that it's gotten people buzzing about crypto outfits coming public that might otherwise not have bothered.
And maybe that's what GameStop can tap into. Look, I'm not a buyer of this. I'm just pointing out the storyline. Wednesday morning, we should have a report about what Jensen Wong, the CEO of Nvidia, said at the GTC conference, this time in Paris. When I spoke with Jensen not that long ago, he lamented that the federal government wouldn't allow his company to sell a huge amount of chips in China.
Jensen said he has a solid relationship with the president and that the president has a plan. He made it sound like there could conceivably be a deal that would be incredibly impactful. So, now we go back to this. what he's saying and what happens from this are probably the two most important things of the week.
Now, also before the bell, we get the May consumer price index reading. This is an important one because it could give us a good read on how hard the tariffs are hitting the consumer. We don't know yet. JPAL has adopted a wait and see approach to cutting interest rates. I think that's smart. He definitely won't act if the CPI spikes.
So, this is going to be a very important number. Now, two companies give us earnings of interest on Wednesday. for the bell. We hear from Chewy, the online pet food retailer which offers a lot of accuchments that pet owners love. It's been a real winner. By the way, the CEO called the bottom on our show.
I thought it was pretty great. I'm going I think you can continue to win. After the close, it's Oracle's turn. The last quarter was poorly perceived and the stock got hammered. Now it's bounced almost all the way back. That's an astounding 50point move, almost in a straight line, too. Oracle's gigantic data center buildout should start paying off soon.
I think that they can show some very good revenue growth this quarter. Now, Thursday brings some analyst meetings that could move the needle. Cardinal Health, we've had them on a couple times, tells a terrific story about how it's much more than a drug middleman. And I believe I am a believer. But the one that I'm most interested in is Black Rockck.
That's the largest money manager in the world. Larry Frink started it. My chapel trust own shares in the stock which is down more than 3% for the year. It has not worked out for me so far, but I am patient. Maybe maybe Black Block Rock can tell a good story about assets gathered further explain the top-notch technology they have.
If the meeting is positive, I bet the stock goes positive for the year. Adobe reports after the close and it looks like the stock could break that downtrend it's been experiencing for some time. I wish the competition weren't so fierce here, but it it doesn't seem to be letting up. Adobe is an amazing company.
It's helped so many people in small businesses bring out their creative selves. If you can get this stock for under 20 times earnings, that's a little bit lower than from here. that close enough to where it is now though. I think it actually might be worth it, but it would be a flyer. Okay, finally on Friday, we get the latest University of Michigan consumer sentiment reading.
After reading through the Dollar General conference call, which I I thought was very downbeat about our country, although upbeat about Dollar General, I get the sense the consumers feeling pretty darn gloomy. Let's see if the stock market's run has impacted that direction. The answer is probably not.
So, here's the bottom line. We should be headed for a quiet week, but you know what? We got to stay close uh to true social to see what's going on in the White House before we assess anything these days. Given what happened with the president and Elon Musk this week, you need to follow all the palace intrigue, even if you don't want to.
Okay, why don't we start with William in New Jersey. William, hello Jim. First time caller. Oh, great. William, thank you. Thank you for calling. How can I help? I'm in a bit of a penalty box. I took your advice early this week and jumped into uh Lululemon ahead of the earnings and I'm down about I thought that Lulu would do better.
I thought that Lulu would do better. I was quite surprised. Uh I just it was a bad conference call. It was a bad quarter. Uh I am a gas to think that this could be as such a horrible situation. I they had tariff problems. They had the wrong fashion. Everything went wrong for Calvin McDonald. And what can I say?
I just don't think he's capable of being as bad as that stock was. 17 times earning. It was a bad quarter though. And you know, William, I've thought a lot about this and a lot of soulsearching. I am shocked at how they missed the quarter. And I wouldn't be surprised if there weren't some shakeups if that happened again.
Now, we're going to go to Jason in South Carolina. Jason, hey Jim, thanks for taking my call. Of course. All right. Uh question. Do you think deer's done or is there still more to go? Is it still a good time? No, deer. Deer's good. Deer's good. Uh, now deer's in a in a great The farmers are in great shape here and I know that deer looks like it should be peaking because it's had such a big run.
Believe me, this stock has multi-year moves. I really still like deer here. Let's go to Frank in New York. Frank, hello. Frank, you're up. Yes, it's Jim. What's up, Frank? Hey. Hey, Jim. Thanks for taking my call. I just thank thanks you for your 20th anniversary and I've been with you the whole 20 and before that cuddler I'm a crema life.
I'm a crema life. Oh my. All right. You you've got a lot of Kramer. You've got Kramer. How can I help? Okay. Listen. I own Uber. Everybody loves Uber. It's a cash free cash flow giant. Okay. Yes, it is. It's got to be a hundred something dollars. Jim, I agree with you. When are people I mean people are worried about autonomous driving that's that's not going to hurt them.
They're part of the business especially with the setback of uh Elon. Look I got to tell you I am so with you Frank you and I we are so sympatico. Perhaps it's because we've been with each other maybe 25 years. I think your question and answer on Uber is yes. It goes higher. And I got to tell you, I think that those who doubt it.
All right, next week could be a quiet one, but you know, we're going to have to keep an eye on what the White House says before we assess what's going on, particularly with China, obviously. On May money tonight, is the travel bull market still with us? I'm digging into last night's results from Dale Resorts sent the stock lower today on an update.
Then you called in, you stumped me on an under the radar aerospace and defense stock. I'll reveal the name and I'll show you why I am very much intrigued by the story. And we're playing MI Diversified to see if portfolios of Crime America are ready to handle whatever the market throws at them. .
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