United States  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Jim Cramer on Coca-Cola's Earnings, the Cloud Kings Rough Week and Brexit

Video Credit: The Street - Duration: 10:23s - Published < > Embed
Jim Cramer on Coca-Cola's Earnings, the Cloud Kings Rough Week and Brexit

Jim Cramer on Coca-Cola's Earnings, the Cloud Kings Rough Week and Brexit

It's finally Friday... Jim Cramer weighs in on Coca-Cola's earnings, why investors need to pay attention to Brexit and what's going on with the Cloud Kings.

Real Money Stock of the Day: Coca-Cola Coca-Cola posted earnings Friday morning.

Coca-Cola said adjusted earnings for the three months ending on September 27 came in at 56 cents per share, down modestly from the same period last year and in-line with analyst expectations.

Group revenues topped analysts' estimates as Coca-Cola branded drinks, including Coke Zero, notched impressive international growth rates.

"Our performance gives us confidence that our strategies are taking hold with our consumers, customers and system," said CEO James Quincey.

"We are positioning the company to create a better-shared future for all of our stakeholders by delivering on our vision and growing sustainably." Let's Talk About the Cloud Kings Cramer penned a piece on the pain the Cloud Kings are feeling over on Real Money Friday morning.

"Unfortunately, because of their size and their long-term leadership positions, the damage might be lasting.

Investors have long since regarded the stocks that dominate the cloud space as immune to the slings and arrows of the world's economy, because of their clients' endless drive to digitize and get off the expensive on-premises software and migrate quickly to the cheaper, faster, better cloud," wrote Cramer.

Cramer specifically talks about Salesforce and Workday .

Bull Market Fantasy: LIVE TUESDAY & THURSDAY @10:45AM Subscribe to our Youtube Channel for more videos : Listen our latest Podcasts on Soundcloud Catch Up: Today's Top News Videos Below


You Might Like

Tweets about this

Recent related videos from verified sources

Qualcomm Gets a 5G-Enabled Analyst Upgrade [Video]Qualcomm Gets a 5G-Enabled Analyst Upgrade

Is 5G ready for Qualcomm ? Analysts at Mizuho Securities certainly seem to think so. Shares of the San Diego-based chipmaker gained on Friday after the stock received an upgrade to buy from neutral..

Credit: The Street     Duration: 01:55Published

Nvidia's Earnings Beat: One Big Takeaway From the Print [Video]Nvidia's Earnings Beat: One Big Takeaway From the Print

Nvidia reported a solid fiscal year 2020 third quarter and issued encouraging commentary about its data center business, sending shares higher. The stock was rising 1.4% to $212.72 a share Thursday in..

Credit: The Street     Duration: 01:16Published

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.