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NEW YORK (
) -- "Good things can happen to bad markets," Jim Cramer announced to the viewers of his
TV show Friday, as he outlined his game plan for next week's trading action.
Cramer said investors need to pay attention to the results of a few key companies for a read on the health of the overall economy.
Starting on Monday, Cramer said that
will be the stock to watch. He said the company has a lot of Japanese exposure and he wants to see if the market still punishes the stock, which is already down big since the crisis began.
On Tuesday, Cramer said
will offer a read on the health of the consumer, while drugstore
will offer insight into its battle to take market share from ailing competitors.
Also on Tuesday Cramer will be at the CTIA Wireless Conference in Orlando, with all the latest news on the mobile smart phone revolution.
will provide an update on higher food prices, and whether the company can sustain its margins.
will provide the real story on the job front, while
will update shareholders on the real situation with oil prices.
Then on Thursday, Cramer said
Research In Motion
will report. Cramer said he's given up on both these names, but feels that
, a stock which he owns for his charitable trust,
Action Alerts PLUS
, is a buy given its low multiple.
Cramer said he'll also be watching
, but doesn't see a reason to own the stock after
Finally on Friday, the Michigan consumer survey will offer a new take on consumer confidence. Cramer said this report will be worth paying attention to.