Markets were mixed in intraday trading, with the Dow Jones Industrial Average holding onto 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 Armour (UAA) - Get Under Armour, Inc. Class A Report, BP, DuPont (DD) - Get DuPont de Nemours, Inc. Report, Eli Lilly (LLY) - Get Eli Lilly and Company (LLY) Report, Clorox (CLX) - Get Clorox Company 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 at the British oil and gas giant topped analysts' expectations.
Clorox reported adjusted earnings of 95 cents a share on revenue of $1.8 billion, missing estimates. The company warned that weakening pandemic fears were putting a dent in sales of various cleaning products.
DuPont reported adjusted earnings of $1.06 on revenue of $4.14 billion.
DuPont is a holding in Jim Cramer's Action Alerts PLUS charitable portfolio.
Eli Lilly reported adjusted earnings of $1.87 per share on revenue of $6.74 billion.
Under Armour reported adjusted earnings of 24 cents per share on revenue of $1.4 billion, exceeding estimates. The company also raised its full-year outlook "given the continued momentum."
Friend of the Millennial?
Following Square's (SQ) - Get Square, Inc. Class A Report deal to buy "buy now, pay later" company Afterpay, Jim Cramer took to Real Money to explore the importance of catering to the millennial audience.
"Figure out what millennials want - even if they can't afford it - and then give it to them. That's often how this market works and today the millennial caterers just went nuts with their love for millennial-related stocks," Cramer wrote.
Hear what Jim Cramer is only telling members of his Action Alerts PLUS investing club in Tuesday's Daily Rundown.