Copyright CNBC
CNBC's Jim Cramer on Friday told investors what to pay attention to next week on Wall Street, highlighting earnings from Palantir , McDonald's , Robinhood and Warner Bros Discovery . Cramer offered an optimistic outlook for November, even as Wall Street worries about weakrning consumer-oriented companies as the government shutdown persists. He said November and December usually tend to be better months for the market than September and October. "I think you got to have the long term view here," he said. "We're in the middle of earnings season, just finished the biggest week, and we've come out relatively unscathed. More important, we made it out of October without some sort of collapse — historically, we dodged a real bullet." Berkshire Hathaway is set to report earnings on Saturday. Cramer said he likes the company, but he warned that investors should expect more profit-taking as CEO Warren Buffet leaves his longtime post. Monday brings reports from Palantir and Clorox . Cramer suggested that the popular data software company is set to go higher, even though there might be some profit-taking after the quarter. Cramer praised Palantir's management and added that he's not "backing away from this one long-term." He called Clorox a conundrum, as the stock is down more than 30% year-to-date even though consumer packaged goods names usually do well during times of economic uncertainty. Pfizer , Shopify , Uber , AMD and Axon will post earnings Tuesday. Cramer wondered whether Pfizer will break out after the quarter, saying the drug company has had a "dull run" as of late. He suggested Shopify and Uber are reliable winners, saying he's optimistic about results from both companies. Cramer was positive on AMD and Axon, saying the former is a strong Nvidia competitor and the latter's products are innovative. He also noted that Caterpillar will hold an investor day on Tuesday, and he praised business, remarking that the company's equipment is used to create and maintain data centers. On Wednesday, McDonald's and Robinhood will report, and Cramer said the burger chain is a good judge of the state of the consumer. Online brokerage Robinhood has been able to win over many investors, he continued, and predicted earnings will be strong. Bank of America has an investor day on Wednesday, and Cramer said he thinks the financial giant will "tell a relatively sanguine story about the state of the economy." Thursday brings earnings from Warner Bros Discovery, and Cramer said he's looking to find out whether the company is preparing to be taken over. Affirm , Sandisk and MP Materials will also report on Thursday, and he was positive on all three, saying they have had "tremendous stories to tell for a while now."
