Cramer’s week ahead: What to watch as Wall Street navigates a tough September
CNBC’s Jim Cramer said investors could be in for a relatively quiet week as Wall Street works its way through a historically difficult September.
TL;DR
- September is historically a difficult month for Wall Street.
- Okta's analyst meeting is highlighted as the most consequential corporate event of the week.
- Earnings reports are expected from KB Home, Cintas, Paychex, General Mills, Darden, and Costco.
- The Dow Jones Industrial Average fell due to a Federal Reserve rate hike, while the Nasdaq Composite rose.
- Cramer is cautious on General Mills due to input costs and changing consumer habits.
- He prefers Brinker International over Darden Restaurants for stronger growth prospects.
- Cramer will be watching Costco's earnings for signs of difficulty retaining younger members.