Earnings season is in full swing this week, with six portfolio holdings set to announce their quarterly results. Capital One Financial will report on Tuesday night, followed by GE Vernova on Wednesday morning and Alphabet after Wednesday’s close. Dover and Honeywell Technologies closed the deal before Thursday’s open session, and Intel is expected to resolve the situation Thursday evening. COF YTD Mountain Capital One TYD Expectations for Capital One aren’t all that high, with the stock heading into print down nearly 20% from January’s all-time high. This includes the recent rally from its 52-week low. To believe that the initial recovery can continue, we need to see a clear path forward for Discover’s further integration and how it will help drive profitability. A more measured pace of investment to support a deal would be welcome. We expect some degree of caution from management, given that recent oil and gas price increases could weigh on consumer discretionary spending. Capital One’s credit and debit card customer base spans a variety of income ranges, making it uniquely positioned to provide insight into the health of consumers at different income levels. That said, Capital One has that customer mix, unlike, say, American Express, which targets more affluent consumers, so you need to be careful about net charge-offs and delinquency rates. Credit quality is not an issue this year, as last week’s bank results made clear. But that’s something the Capital One bears always jump on. TheStreet expects earnings per share (EPS) of $4.77 on revenue of $15.77 billion, according to LSEG. GEV YTD Mountain GE Vernova For YTD GE Vernova, it’s all about the need for gas turbines to power data centers. In addition to the headline numbers, investors will be scrutinizing order volumes and book-to-book ratios. A book balance greater than 1 indicates that orders are being placed faster than they can be filled, resulting in an increased backlog and increased transparency into future sales and profit potential. Electrification could also be a factor on the upside. Supply chain commentary will also be a top priority for investors as they look for potential bottlenecks in AI deals. LSEG said TheStreet expects EPS of $3.01 on revenue of $10.7 billion. GOOGL YTD Mountain Alphabet When YTD Alphabet reports, it will focus on capital expenditure (capex) commentary and AI demand, in addition to continued mid-teens year-over-year growth in its flagship search business. We want Google to address Friday’s Bloomberg report that its latest Gemini AI model is several months late. In addition to pure AI revenue streams like Gemini subscriptions, we want to hear how your AI implementation is helping your YouTube engagement and opening up new potential revenue streams. With Wall Street nervous about the level of capital spending, the more management can do to chart different paths to profitability, the better. It would be great to hear more about the company’s recent $85 billion stock sale to offset AI spending. Demand for Alphabet’s custom chips (co-designed with Club stock Broadcom) and the impact that will have on the company’s cloud margins will also be important. According to LSEG.b, TheStreet expects EPS of $2.89 on revenue of $116.89 billion DOV YTD Mountain Dover YTD As in the previous quarter, Dover will need to prove itself with earnings in the upcoming second quarter. The company passed that test with a strong quarter in April. However, stock prices are slumping again. Dover isn’t a bad company, but the question is whether it’s doing well enough and has an exciting enough story to attract investor money in this AI-obsessed environment. It has some exposure to AI in liquid cooling for data centers, but it also has quieter businesses such as can manufacturing and textiles. Our portfolio is almost maxed out at 34 stocks, so we’re aggressively buying stocks that aren’t performing well. Key metrics for Dover to evaluate include order growth and organic sales growth. Growth in the first quarter was 24% and 5.3%, respectively. Both were impressive beyond my expectations. Profitability history is also important, given that some analysts have argued that the stock’s lower valuation than its peers warrants a discounted valuation. Looking at the bigger picture, we need an update on Dover’s capital allocation plans. Is there a possibility of M&A? At the end of last quarter, the company had $1.6 billion in cash and cash equivalents, with manageable debt. CEO Richard Tobin has said in recent quarters that valuations of potential acquisition targets are a bit overvalued. TheStreet expects earnings of $2.73 per share on sales of $2.21 billion, according to LSEG. HON YTD Mountain Honeywell Technologies YTD Honeywell Technologies (HON) reports numbers at the end of the second quarter that include Honeywell Aerospace (HONA), which was spun off on June 29. It shouldn’t be as noisy as the club’s namesake, FedEx (FDX), was dealing with a spinoff of FedEx Freight (FDXF) and changes to its fiscal calendar last month. However, it is important to remember that the first quarterly report after the spin-off will require adjustments. Honeywell Technologies sells sensors, control and safety systems, and other equipment used in factories, buildings, and industrial facilities. The overarching goal is to help these locations operate more efficiently through increased automation. Like Dover, Honeywell Technologies’ orders and organic growth are important metrics both for the company as a whole and for its three segments: Building Automation, Process Automation and Technology, and Industrial Automation. Particularly in the process automation business, some shipments have been postponed due to the conflict in the Middle East, so we will keep an eye on the latest information on the status of these sales. Meanwhile, Honeywell Aerospace serves the oil and gas industry, and repairing the region’s infrastructure could help the economy recover. CEO Bimal Kapur’s comments about how Honeywell Technologies can improve as a streamlined company, including through M&A, will be worth noting. TheStreet expects EPS of $4.81 on revenue of $9.5 billion, according to LSEG. INTC YTD Mountain Intel YTD Intel becomes the best name to provide the most insight into data center demands. This is Jim Cramer’s favorite stock in his portfolio, and we have been actively building a position in it. On the data center side, we expect the comments to be bullish, and given what we heard from IBM in its pre-announced earnings alert last week, we’re interested in further understanding the recent changes in how companies allocate their AI capital spending. Fortunately, we don’t see demand for Intel’s products slowing down, especially now that agent AI is driving new demand for CPUs. However, as it relates to demand for personal computers (PCs), we expect comments to be a little more conservative as rising memory prices are driving up the prices of consumer electronics. We know that’s exactly why Apple recently raised the prices of Macs and iPads. Regarding Intel’s foundry business, comments on manufacturing partnerships will be interesting, as Intel represents a way to bring significant semiconductor manufacturing capacity back to the United States. LSEG said TheStreet is targeting EPS of 21 cents on revenue of $14.43 billion. 1 week ago Monday, July 20th Before the bell: Domino’s Pizza (DPZ) After the bell: AMC Entertainment (AMC), Crown Holdings (CCK), Steel Dynamics (STLD), WR Berkeley (WRB), Zions Bancorp (ZION) Tuesday, July 21st Before the Bell: Halliburton (HAL), DR Horton (DHI), Vicor (VICR), Ally Financial (ALLY), General Motors (GM), Charles Schwab (SCHW), Danaher (DHR), 3M (MMM), Valmont Industries (VMI), Genuine Parts Company (GPC), Atlantic Union Bancshares (AUB), Equifax (EFX), Hasbro (HAS), Keycorp (KEY), Mercantile Bank (MBWM), Marsh (MRSH), MSCI (MSCI), Northrop Grumman (NOC), Novartis (NVS), OFG Bancorp (OFG), People’s Bancorp (PEBO), Synchrony Financial (SYF) Afterbell: Capital One Financial (COF), Alaska Air Group (ALK), East West Bancorp (EWBC), AAR (AIR), Annaly Capital Management (NLY), EQT Corporation (EQT), Northpointe Bancshares (NPB), Range Resources (RRC), Hancock Whitney (HWC), Pegasystems (PEGA), Western Alliance Bancorporation (WAL), AMERISAFE (AMSF), Bridgewater Bancshares (BWB), Chubb (CB) Before the bell on Wednesday, July 22: GE Vernova (GEV), AT & T (T), Philip Morris International (PM), Travel + Leisure (TNL), Wabtec (WAB), CME Group (CME), First BanCorp (FBP), Iridium Communications (IRDM), Moody’s (MCO), PulteGroup (PHM), TE Connectivity (TEL), BankUnited (BKU), Badger Meter (BMI), Equinor (EQNR) Afterbell: Alphabet (GOOGL), Tesla (TSLA), ServiceNow (NOW), IBM (IBM), Texas Instruments (TXN), Kinder Morgan (KMI), Texas Capital Bancshares (TCBI), Crown Castle International (CCI), SL Green Realty (SLG), CSX (CSX), First American (FAF), Southwest Airlines (LUV), United Rentals (URI) Thursday, July 23 Before the Bell: Dover (DOV), Honeywell (HON), Nokia (NOK), Cleveland-Cliffs (CLF), American Airlines Group (AAL), Freeport-McMoRan (FCX), Huntington Bancshares (HBAN), STMicroelectronics (STM), Blackstone (BX), Cemex (CX), Lockheed Martin (LMT), Tractor Supply (TSCO), Dow Chemical (DOW) After the bell: Intel (INTC), MaxLinear (MXL), Deckers Brands (DECK), Newmont Mining (NEM), Boyd Gaming (BYD) Friday, July 24, Before the bell: American Express (AXP), Charter Communications (CHTR), Verizon Communications (VZ), NextEra Energy (NEE), Canadian National Railway (CNI), Booz Allen Hamilton (BAH), Lamb Weston Holdings (LW), HCA Healthcare (HCA), SLB (SLB) (See here for a complete list of Jim Cramer’s Charitable stocks) Trust. ) As a subscriber to Jim Cramer’s CNBC Investment Club, you will receive trade alerts before Jim makes a trade. 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