We don't want stocks too hot as we enter earnings season, Jim Cramer told his
Earnings are all about the "set up," or the narrative being talked about just ahead of earnings season, Cramer explained. The set up this quarter has been all about Donald Trump's tax cuts and deregulation plans. But deregulation might take longer than some investors think, and that's bad news for the banks that are starting to fade as interest rates peak, at least for the short term.
Then there's health care, a sector that was bolstered today by Ariad Pharmaceuticals (
Perhaps the only stocks Cramer was bullish about today were Procter & Gamble (
Executive Decision: Federal Realty Trust
For his "Executive Decision" segment, Cramer again spoke with Don Wood, president and CEO of Federal Realty Trust (
Wood explained that retail is all about supply and demand and even before ecommerce burst onto the scene, America had more stores per capita than any other nation. That's why Federal Realty is looking far into the future and investing today...