Cramer’s 4 Earnings to Watch Wednesday
Wednesday promises to be another busy one for Wall Street and for "Mad Money" host Jim Cramer, who plans to review earnings among several major companies.
Bank of America , U.S. Bancorp , Honeywell and Yum Brands are all slated to report earnings.
Cramer called BofA the “bank that’s struggling to do things right” and USB the “bank that can do no wrong” and thinks both will live up to those titles.
(RELATED: Cramer’s 5 Recession-Resistant Stocks)
Honeywell's report should clarify what’s going on in aerospace — one of its core businesses. Last week, Boeing offered a positive perspective on demand for jets while Airbus was more downbeat. But Cramer thinks Honeywell will set investors straight and “explain how we are not at the peak of the order cycle.”
(RELATED: Cramer’s 10 Stocks You Might Have Overlooked)
On a more global scale, Cramer said many portfolio managers are looking to Yum Brands to track Chinese fortunes, because of the huge presence its KFC stores have in China. He also thinks that a slowing Chinese economy, coupled with potentially rising chicken and grain prices, makes YUM a good sale coming into its quarterly report.
Read on for Cramer’s Complete 'Game Plan'
When this story was published, Cramer's charitable trust owned Boeing.
Call Cramer: 1-800-743-CNBC
Questions for Cramer? email@example.com
Questions, comments, suggestions for the Mad Money website? firstname.lastname@example.org