This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Cramer's 'Mad Money' Recap: Next Week's Game Plan (Final)

Search Jim Cramer's Mad Money trading recommendations using our exclusive Mad Money Stock Screener and watch Jim Cramer's Mad Money Post Game video exclusively on TheStreet.com.


NEW YORK ( TheStreet) -- "This market will be all about what happens in Europe," Jim Cramer told the viewers of his "Mad Money" TV show Friday, as he laid out his game plan for next week's trading.

He said investors need to pay attention on Sunday night to find out what the European Union will do to handle its ballooning debt crisis.

Cramer said the EU needs a worldwide intervention, not just a European one, in which everyone from the U.S. to China to pitch in to bail out the bondholders left holding the bag as country after country verges on default. The European problem is solvable, he said, but without a global bailout.

On Monday, Cramer said that Markwest Energy (MWE), a master limited partnership with a 6.4% yield might be just the place to hide. On Tuesday, Cramer gave the nod to Walt Disney (DIS), a stock that will flourish as oil prices fall around the world. Also on Tuesday is the Federal Reserve meeting. Will they mention a recession? Will they mention buying Euro bonds?

For Wednesday, Cramer said the beleaguered Cisco (CSCO) will report, and even after two jolting quarters, Cramer said the stock, under $15, may finally be a buy. Then on Thursday, Cramer said the battleground stock of SodaStream (SODA) will report, and he'd play this company's continued growth with deep in-the-money call options.

Finally on Friday, JC Penney (JCP) will have Cramer's ear, as he hopes to hear from soon to be CEO Ron Johnson, former head of Apple's (AAPL) retail initiative. Cramer said even a "hello" from Johnson would be uplifting for the stock.

Cramer also cautioned that the ratings agencies will also take center stage next week. They could at any time downgrade Greece, or Italy, or even the U.S. thanks to our faulty debt deal. "You can't predict these," said Cramer, but they will have profound impacts on the market.

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG
ANH $5.22 1.56%
CAT $87.30 -0.08%
CVX $108.32 -0.66%
FUN $57.85 0.00%
NLY $10.15 0.30%

Markets

DOW 18,070.40 +46.34 0.26%
S&P 500 2,114.49 +6.20 0.29%
NASDAQ 5,016.9290 +11.5380 0.23%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs