Cramer's 'Mad Money' Recap: Next Week's Game Plan (Final)
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NEW YORK (TheStreet) -- "Don't take your cues from the idiotic sellers," Jim Cramer told his "Mad Money" TV show viewers on Friday.
He said if you believe the press, nothing will ever go right in this world, but nothing could be farther from the truth. Cramer told viewers to forget the averages, which are being forced lower by panic hedge fund selling, and focus instead on companies with great earnings.
For next week's game plan, Cramer said he'll be watching shoe giant Nike (NIKE) on Monday. He said Nike delivered an awful quarter last time around, but positive comments from Finish Line (FINL) might signal a turnaround. Cramer said Nike is a wait-and-see stock. On Tuesday, Cramer said Shaw Group (SHAW) will provide a read on the nuclear industry post-Japan, while General Mills (GIS) will enlighten us on the cost of food and transportation on Wednesday. > >> Bull or Bear? Vote in Our Poll Also on Wednesday, Family Dollar (FDO) reports. Cramer said he's a fan of this discounter that's remodeling stores and taking share. KB Homes (KBH) will also provide an outlook on housing on Wednesday and seed giant Monsanto (MON) also reports. Cramer said he prefers DuPont (DD) over Monsanto. For Thursday, Cramer said Schnitzer Steel (SCHN) will have his attention for the latest on Chinese steel imports while his favorite restaurant chain Darden Restaurants (DRI), purveyors of Red Lobster and Olive Garden, will provide insights on how the consumer is fairing with sub-$4 gasoline. In the IPO market, Cramer said he'd try and get in on the Home Away deal set to debut under the ticker AWAY. Cramer said this website for vacation rental homes should be good for a quick pop.Select the service that is right for you!
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