Markets were mixed in intraday trading, with the Dow Jones Industrial Average holding on to gains amid losses in the Nasdaq Composite and S&P 500.
Jim Cramer and Action Alerts PLUS senior analyst Jeff Marks discussed COVID market sentiment, millennial stocks, Under Armor (UAA) – Get Report, BP, DuPont (DD) – Get Report, Eli Lilly (LLY) – Get Report, Clorox (CLX) – Get Report and more.
Watch the full interview with TheStreet Live in the video below:
BP increased its dividend and boosted its buyback program after earnings of the British oil and gas giant exceeded analyst expectations.
Clorox reported adjusted earnings of 95 cents a share on sales of $1.8 billion, with no estimates. The company warned that waning fears of a pandemic would have put a dent in sales of several cleaning products.
DuPont reported adjusted profit of $1.06 on revenue of $4.14 billion.
DuPont is a holding company in Jim Cramer’s Action Alerts PLUS Charity Portfolio.
Eli Lilly reported adjusted earnings of $1.87 per share on revenue of $6.74 billion.
Under Armor reported adjusted earnings of 24 cents a share on revenue of $1.4 billion, which was higher than estimates. The company also raised its full-year outlook “given continued momentum.”
Friend of the millennial?
Next Square’s (SQ) – Get Report deal to buy “buy now, pay later” company Afterpay, Jim Cramer took to real money until explore the importance of catering for the millennial audience.
“Find out what millennials want – even if they can’t afford it – and then give it to them. That’s how this market often works, and these days the millennial caterers were just going crazy with their love for millennial-related stocks,” Cramer wrote.
Hear what Jim Cramer only tells his members Action Alerts PLUS investment club in Tuesday’s Daily Rundown.