Mixed-earnings reports from Union Pacific, Honeywell and Johnson & Johnson, among others, spell good news for shareholders.
CNBC's Jim Cramer breaks down why shares of Union Pacific, Honeywell and Johnson & Johnson managed to rally on mixed-earnings reports.
"All of these not-as-bad-as-feared quarters are good news for shareholders who haven't been shaken out by the all the darned naysayers," the "Mad Money" host says.is noting an emerging theme early in this earnings season: Several companies have missed expectations in their quarterly reports, but their stocks rallied anyway.
That kind of action can be found in enterprises covering the railroad, manufacturing and health-care industries whose shares rose on "not-as-bad-as-feared" results, he said Thursday. "All of these not-as-bad-as-feared quarters are good news for shareholders who haven't been shaken out by the all the darned naysayers," the
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