Northrop Grumman Looks to Blast Off Earnings, Jim Cramer's Macy's Pick
This morning before the open investors are looking for Northrop Grumman shares to take flight -- the stock is already up 15 percent so far this year, and Wall St.
This morning before the open investors are looking for Northrop Grumman shares to take flight -- the stock is already up 15 percent so far this year, and Wall St. is looking for earnings of $2.18, a big boost from the prior quarter last year. Plus, Cintas will suit up for earnings, and analysts there are also increasing estimate expectations for the uniform company. Jim Cramer is bullish on Macy's stock and at 12.3 times earnings, the retailer is on sale, compared to its peers. With the stock trading right now in the high $50's, Cramer is looking for a price tag of $65 on Macy's stock.
