Jim Cramer's High Expectations for Intel's Earnings Report

Jim Cramer weighs in on Davos, earnings season, Johnson & Johnson and Elliott's stake in eBay.
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Happy Tuesday!

Jim Cramer discussed Davos and a slew of other topics. Here's what he's paying attention to.

Elliott and eBay

Elliott Management, the hedgefund known for its activist investing, disclosed that it has a 4% stake in eBay (EBAY) - Get Report Tuesday morning. 

The hedge fund said that eBay's management should "turn its singular attention to growing and strengthening marketplace", asserting the group is "far from broken, and its future should be bright". Elliott's five-step plan, the activist said, outlines a value creation opportunity that would take the path of Ebay shares to between $55 and $63 each by 2020.

eBay said that it will "carefully review" the letter from Elliott.

Johnson & Johnson

Real Money stock of the day Johnson & Johnson (JNJ) - Get Report released earnings Tuesday, Jan. 22.

Baccardax reported that Johnson & Johnson posted stronger-than-expected fourth quarter earnings and forecast a modest increase in full year sales for 2019 as the consumer healthcare group looks to rebound from last month's steep share price declines, triggered by a report that alleged it knew for decades that its iconic baby powder sometimes contained asbestos and failed to alert authorities.

Earnings Breakdown

Cramer wrote about earnings in a column for TheStreet.

"But this week's most important earnings reports might seem like odd ones -- Halliburton (HAL) - Get Report and Stanley Black & Decker (SWK) - Get Report ," he wrote. "They'll be important because both stocks stand for sectors that have been under real pressure."

China and the Trade War

In his morning column over on Real Money, Cramer weighed in on China's weakness and what it could mean for the trade war.

Which other stocks stand to benefit? (CAT) - Get Report and (HON) - Get Report were among Cramer's 16 picks.

Johnson & Johnson and Honeywell are both holdings in Jim Cramer's Action Alerts Plus portfolio.