2 Stocks Guiding Jim Cramer’s Approach to Markets Thursday

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As stocks pointed higher in intraday trading Thursday, Jim Cramer said two stocks were dominating his attention following earnings:

Earnings Recap

Uber

Uber  (UBER) - Get Uber Technologies, Inc. Report reported a surprise one-time adjusted profit of 58 cents per share on revenue of $3.93 billion. The surprise profit was due to unrealized gains in Didi  (DIDI) - Get DiDi Global Inc. Report and Aurora  (ACB) - Get Aurora Cannabis Inc. Report.

Moderna

Moderna  (MRNA) - Get Moderna, Inc. Report reported adjusted earnings of $6.46 per share on revenue of $4.35 billion and boosted its outlook for vaccine sales. 

Cramer said the moves in both stocks following their reports signify the importance of doing due diligence when it comes to portfolio management. 

"We scrutinizing the portfolio more than ever," Cramer said, referring to his Action Alerts PLUS charitable portfolio. 

Recap TheStreet Live: Everything Jim Cramer Is Watching 8/5/21

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