Creating – COOPER GENERAL NEWS

CNBC’s Jim Cramer said Friday that investors should be ready to find buying opportunities on the stock market while the earnings season is in full swing.

When companies report quarterly results, market participants are quick to digest the numbers and Wall Street is prone to make a lot of mistakes, he said, citing trade measures in Honeywell and American Express as an example.

“Next week there will be reports that encounter negativity and not all of them will be really bad. So I urge you to take advantage of this weakness,” said the Mad Money host.

Given that well-known brand names like Boeing, Microsoft, Starbucks, and Amazon are set to report, this will be the most brutal part of the earnings season, he added.

“As we get closer to the next five days of earnings, you need to think about what is being hit as badly as what is working, as this market creates some incredible buying opportunities,” said Cramer.

Cramer announced his schedule for the coming week. The earnings per share forecasts are based on FactSet estimates:

Monday: Tesla

Tesla

Publication of results Q1 2021: after the start of the market; Conference call: 5:30 p.m.
Projected EPS: 75 cents
Estimated Revenue: $ 10.48 billion

“These numbers don’t just affect Tesla itself. There are dozen of electric vehicle SPACs, smaller inventories that Tesla need to be successful as it gives legitimacy to the whole group,” Cramer said. “I like Tesla at these levels. I bet the quarter will be good.”

Tuesday: Alphabet, Microsoft, Starbucks and Advanced Micro

alphabet

Publication of results Q1 2021: after the start of the market; Conference call: 5 p.m.
Projected earnings per share: $ 15.70
Estimated Revenue: $ 51.38 billion

“We have to focus on Google Cloud. I think it steals the show. I like it a lot,” said Cramer.

Microsoft

Q3 2021 Results publication: After Market; Conference call: 5:30 p.m.
Projected earnings per share: $ 1.78
Estimated Revenue: $ 41.04 billion

“Microsoft’s stock has risen so much that it has to report a monster neighborhood with huge Azure numbers. The funny thing is, I think they probably will. I say stick with it,” he said.

Starbucks

Q2 2021 Results publication: After Market; Conference call: 5 p.m.
Projected EPS: 53 cents
Estimated Revenue: $ 6.78 billion

“The Chinese business should be very strong, but the US is still moving to a new world where it is the only game in town,” the hosts said. “Starbucks had a monster run last year in anticipation of the grand reopening and that call, well it might be too early. I’m looking for a retreat.”

modern micro devices

Publication of results Q1 2021: after the start of the market; Conference call: 5 p.m.
Projected EPS: 44 cents
Estimated Revenue: $ 3.18 billion

“I bet Lisa Su, the relentless CEO, will tell a great story. And unlike so many other semiconductor names, her stock actually fell 10% over the year, which means she might be ready to rock,” he said.

Wednesday: Boeing, Apple, Ford Motor and Facebook

Boeing

Earnings release for the first quarter of 2021: ahead of the market; Conference call: 10:30 a.m.
Estimated losses per share: 96 cents
Estimated Revenue: $ 15.41 billion

“If you are like me and you think we could be heading for an unprecedented economic boom, including the largest travel attack in this nation’s history, you want to own the company that will benefit the most, and that is Boeing.” Said Cramer.

Apple

Earnings release for the 2nd quarter 2021: 4:30 p.m. Conference call: 5 p.m.
Projected EPS: 98 cents
Estimated Revenue: $ 76.71 billion

“Apple’s stock was lagging behind until recently. It caught fire as we chatted about better cell phone sales and a major potential intrusion into the company,” he said.

Ford engine

Earnings release for the first quarter of 2021: 4:05 p.m. Conference call: 5 p.m.
Projected EPS: 21 cents
Estimated Revenue: $ 36.13 billion

“Despite the lack of chips, I am expecting excellent numbers,” said the hosts. “Ford is worth buying.”

Facebook

Publication of results Q1 2021: after the start of the market; Conference call: 5 p.m.
Projected earnings per share: $ 2.34
Estimated Revenue: $ 23.72 billion

“Judging from what we heard from Snap last night … I think you’d have to believe Facebook is going to knock it out of the park,” he said. “Once again, it’s not too late to be a buyer on Facebook as I think it’s reaching an all-time high.”

Thursday: Amazon, Skyworks

Amazon

Publication of results Q1 2021: after the start of the market; Conference call: 5:30 p.m.
Projected earnings per share: $ 9.49
Estimated Revenue: $ 104.49 billion

“The stock has been kicking water for months precisely because people are concerned about the year-on-year comparisons,” Cramer said. “I think the company has gained new followers … I think the stock still works.”

Skyworks

Q2 2021 Results publication: After Market; Conference call: 4:30 p.m.
Projected earnings per share: $ 2.35
Estimated Revenue: $ 1.15 billion

“I predict a real blowout,” he said.

Friday: Exxon Mobil, Chevron, Clorox, Colgate

Exxon Mobil

Earnings release for the first quarter of 2021: 6:30 a.m. Conference call: 9:30 a.m.
Projected EPS: 60 cents
Estimated Revenue: $ 56.38 billion

Chevron

Earnings release for the first quarter of 2021: ahead of the market; Conference call: 11 a.m.
Projected EPS: 89 cents
Estimated Revenue: $ 32.54 billion

“When I listen to the oil people, I get the kind of positive vibes I haven’t heard in years. With prices rising and costs falling, I think these two companies might surprise upside,” Cramer said.

Clorox

Q3 2021 Results to be published: before the market; Conference call: 1:30 p.m.
Projected earnings per share: $ 1.47
Estimated Revenue: $ 1.86 billion

Colgate

Earnings release for the first quarter of 2021: ahead of the market; Conference call: 8:30 a.m.
Projected EPS: 79 cents
Estimated Revenue: $ 4.27 billion

“Wall Street is prudent about both,” he said. “I can’t say your stocks will do well when they report … at best they are battlefield stocks and there is no reason to approach a battlefield not in this market.”

Disclosure: Cramer’s charitable foundation owns shares in Amazon, Ford, Boeing, Facebook, Alphabet, Honeywell, Microsoft, and Starbucks.

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The appetite for alternative meat is growing worldwide.

With increasing awareness of the nutritional and environmental effects of meat consumption, producers and consumers are looking for various sources to meet the continuing demand for protein.

One of them is Dan Riegler, whose evolving relationship with meat inspired him to co-found Karana.

“I’ve been a vegan skeptic, a carnivore for much of my life, and I’ve taken a big turn,” Riegler told CNBC Make It.

A meat alternative for Asia

Karana is the food start-up in Singapore that is positioning itself as Asia’s first plant-based meat brand. The flagship – a substitute for pulled pork – is made entirely from jackfruit, oil, and salt, with no processed ingredients or preservatives.

Started in 2018 when the demand for meat alternatives increased, Riegler saw a market niche for meat substitute products that were specially developed for Asian cuisine.

We saw a great need to identify products with more local applications for APAC.

And Riegler

Co-founder Karana

“We saw a great need to identify products with more local applications for APAC,” said Riegler, now 35, who built a career in agricultural supply chains across Southeast Asia.

“Pork is the number one meat consumed in this region and we haven’t seen many products there that are really tailored to a need.”

Asia is responsible for producing and consuming half of the world’s pork.

CNBC

In fact, half of the world’s pork is produced and consumed in Asia, with most of that demand coming from China.

So Riegler and his co-founder Blair Crichton, formerly Impossible Foods, which also produces plant-based meat alternatives, set out to find an environmentally friendly alternative.

Creating Pork from Jack All

It wasn’t long before the couple identified Karana’s first product: a jackfruit pork substitute sourced from smallholders in Sri Lanka.

Jackfruit has a long history in South and Southeast Asian cuisine, especially in vegetarian and vegan dishes. The unripe young jackfruit is known for its tightly packed, fibrous texture and meat-like properties. It is widely used in savory foods, while the sweet ripe jackfruit is consumed raw.

Jackfruit is widely used in many South and Southeast Asian dishes.

CNBC

“Jackfruit as a harvest does not need irrigation, does not need pesticides, does not need herbicides. So it is a very robust tree, and when it bears fruit, it is very, very productive,” said Carsten Carstens, scientific director of Karana and first hire.

In fact, there are so many jackfruit in the region that tons of them are wasted every year. This is due in part to the complexity of the preparation and cooking.

We knew jackfruit was not reaching its potential.

And Riegler

Co-founder Karana

“The formats it was available in … just weren’t exciting to us. They were very difficult to work with, they didn’t give interesting textures and end results, and we knew jackfruit was not reaching its potential.” Said Riegler.

So the founders set about adapting the fruit for a mass market – and soon developed a chemical-free, mechanical process at their Singapore manufacturing facility to convert the fruit into a shredded, meat-like product that is easy for cooks and consumers to use.

“Our intention was really to create something that chefs can use to create fantastic dishes,” said Carstens. “It’s just too labor-intensive for the modern kitchen in a modern establishment (food and beverages).”

Opening up a growing market

Karana’s invention whets the appetite for more ethical and sustainable foods growing across Asia and beyond.

Even before the pandemic, the alternative meat market was estimated at $ 140 billion, or 10% of the world’s meat industry, within a decade.

The alternative meat industry is estimated to be worth $ 140 billion by 2029.

Barclays

Mirte Gosker, acting executive director of the Good Food Institute in Asia Pacific, said the demand for meat substitutes in Asia is increasing as awareness of food safety and nutrition increases.

“Here in Asia we see a real demand for healthy products with high nutritional value,” said Gosker. “And especially in China, one of the reasons people buy plant-based meat, actually the biggest reason, is a desire to lose weight.”

Animal husbandry is currently making the largest two or three contributions to the most pressing environmental challenges on our planet.

Myrtle Gosker

Acting Managing Director of the Good Food Institute Asia Pacific

In addition, the environmental impact of traditional animal husbandry is no longer sustainable.

“Animal husbandry is currently making the largest two or three contributions to the most pressing environmental challenges on our planet. These include air pollution, water pollution, water scarcity and loss of biodiversity,” said Gosker.

“If we didn’t use these fields to grow animal feed, we could actually use these fields for reforestation, to create greater biodiversity or, for example, for renewable energies,” she added.

Whet the appetite of investors

The investment community also sees the benefits of alternative proteins. Global investment in alternative proteins increased 300% in 2020 alone, according to the Asia-Pacific Good Food Institute.

In July 2020, Karana raised $ 1.7 million in seed capital from investors such as Big Idea Ventures, a plant-based food fund backed by Singapore state-owned investment company Temasek and US meat company Tyson Foods.

Karana’s flagship product is a pulled pork substitute made entirely from jackfruit, oil, and salt.

Karana

The investment fueled the company’s 2021 debut in Singapore, where the whole plant’s pork is now available and counted in nine restaurants – from dumplings to “ngoh hiang,” a local pork bun.

Next up is the Hong Kong launch as well as the launch of a range of ready-to-cook retail products. In the meantime, Karana will be able to continue experimenting with jackfruit and other whole plant meat substitutes by investing in a new innovation laboratory.

The more good products there are, the more consumers will increasingly switch to herbal products.

And Riegler

Co-founder Karana