NEW YORK (TheStreet) -- Investors rejoice but traders beware. Those were Jim Cramer's words to his "Mad Money" TV show viewers Friday, as he laid out his game plan for next week's trading. He explained that Friday's unemployment data could wipe out any gains for the week, but that will only give longer-term investors a chance to buy on the cheap.
Executive DecisionIn the "Executive Decision" segment, Cramer spoke with T.J. Rodgers, president and CEO of Cypress Semiconductor (CY), a stock that received a 10% haircut after it lowered expectations in the first quarter, but is still yielding 3%. Rodgers admitted to "screwing up" in the company's first quarter, albeit not as badly as they initially projected. That said, Rodgers noted that the company's guidance for the remainder of the year is conservative. "The only way for us to mess up now is to not execute," he concluded. Putting his money where his mouth is, Rodgers also noted that he recently purchased 500,000 shares of Cypress stock, a bullish gesture that Cramer said is not seen by many CEOs.
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