Yahoo! Inc (YHOO), Intel Corporation (INTC) To Perform Well in Coming Quarter : Jim Cramer


The upcoming week will be really important in the stock market as many important big players are going to reveal their earnings for the quarter. Discussing the expectations from mainstream companies and upcoming market trends, Jim Cramer, took a detailed insight on some of the important companies to look forward to in his program, Mad Money, on CNBC. Cramer said that JPMorgan Chase & Co (NYSE:JPM) is going to reveal its earnings on Tuesday and all the investors are looking forward to this report as it will affect the upcoming market lifts. We all know that the investors haven’t been much comfortable with the general direction of the JPMorgan Chase & Co (NYSE:JPM) stock. Cramer said that though JPMorgan Chase & Co (NYSE:JPM) went through some problems, its main good strategy is to look for long-term investments and plans rather than risk taking strategies to immediately cease the market.

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Cramer also discussed Intel Corporation (NASDAQ:INTC) and said the Intel Corporation (NASDAQ:INTC) is a good stock and investors can expect good quarter reports from this tech giant in the coming week. Intel Corporation (NASDAQ:INTC) also did well in the first quarter. He said that generally speaking, all traditional tech stocks are expected to perform very well in the coming quarter.

Cramer also commented about Yahoo! Inc (NASDAQ:YHOO) and said that Yahoo! Inc (NASDAQ:YHOO) is focusing mostly on its deal with Ali Baba. He thinks that Yahoo! Inc (NASDAQ:YHOO) can be the best stock of the third quarter if all goes well for the market.

“As for Yahoo! Inc (NASDAQ:YHOO) this is now all about the coming Alibaba deal, which might be the biggest IPO ever, because Yahoo wants a huge chunk of that Chinese version of Amazon, that’s what some people describe it as. We need to hear from CEO, Marissa Mayer, that there is a lot more to Yahoo! Inc (NASDAQ:YHOO) than just its stake in Alibaba though,” said Cramer.

Disclosure: None