Mad Money Recap
Cramer's 'Mad Money' Recap: Next Week's Game Plan (Final)
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NEW YORK (TheStreet) -- "Good things can happen to bad markets," Jim Cramer announced to the viewers of his "Mad Money" 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 Tiffany (TIF) 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 Dollar General (DG) will offer a read on the health of the consumer, while drugstore Walgreens (WAG) 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. For Wednesday, General Mills (GIS) will provide an update on higher food prices, and whether the company can sustain its margins. Paychex (PAYX) will provide the real story on the job front, while ConocoPhillips (COP) will update shareholders on the real situation with oil prices. Then on Thursday, Cramer said Best Buy (BBY) and Research In Motion (RIMM) will report. Cramer said he's given up on both these names, but feels that Oracle (ORCL), 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 Finish Line (FINL), but doesn't see a reason to own the stock after Nike (NIKE) disappointed. 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.
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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| 12,454.83 | 1,317.82 | 2,837.53 | 17.45 |
Oil *
107.26
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74.92 |
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1.85 |
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0.14 |
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1.74%
SPDR Gold
152.68
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-0.60%
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-0.22%
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-0.80%
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