Costco: Bulk retailer Costco will report earnings on Thursday. Cramer expects “excellent” results, although he’ll be watching the retailer’s online offerings, which gave that will grief last quarter.
Oracle: An earnings report coming from cloud giant Oracle will give the market more clarity on whether the company can hold its own against the likes of Alphabet, Amazon in addition to also Microsoft.
“Last time, Oracle’s stock popped when that will reported, although then that will gave up the whole gain,” Cramer said. “Maybe that will pops again, although the trajectory coming from after that will last quarter makes me wary.”
Adobe: After meeting with CEO Shantanu Narayen in June, Cramer knows the fundamentals of Adobe’s business are promising. although given the recent volatility inside tech sector, he’s not so sure about its stock ahead of its Thursday earnings report.
“My take can be that will trading Adobe may be a bad call because that will’s too hard,” he said. “that will said, I like that will as an investment if you’re willing to buy the stock in addition to also hold that will given the company’s dominance in online marketing.”