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Cramer's 'Mad Money' Recap: Next Week's Game Plan

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NEW YORK ( TheStreet) -- Earnings season may have only just begun, but Jim Cramer told "Mad Money" viewers Friday he likes what he's been hearing so far. That's why his game plan for next week's trading includes a few outright buys.

Cramer said on Tuesday he'll be listening to Freeport McMoRan (FCX) report what should be a nasty quarter. He said the company has a lot of explaining to do for its recent acquisitions. Then there's Johnson & Johnson (JNJ), a stock Cramer told viewers they'd better not sell. Also on Tuesday, Google (GOOG) reports. Cramer said he has a wait-and-see attitude towards Google.

For Wednesday, all eyes will be on Apple (AAPL), a stock Cramer owns for his charitable trust, Action Alerts PLUS . Cramer said he also has a wait-and-see for this most important earnings release from the world's most valued company. He'll also be watching Netflix (NFLX) to see if the company can match its stock's performance of late.

Thursday brings 3M (MMM), Celgene (CELG) and Microsoft (MSFT). Cramer said he'd buy 3M and Celgene, a stock that's up 23 points since the company's CEO last appeared on Mad Money. He was not as optimistic on Microsoft's prospects.

Finally. on Friday, it's Honeywell (HON) reporting and Cramer said he's a buyer ahead of those results. He was also a fan of Kimberly-Clark (KMB) and Weyerhaeuser (WY), both of which also report.

Executive Decision

In the "Executive Decision" segment, Cramer spoke with Bryan Jordan, chairman, president and CEO of First Horizon (FHN), a regional bank that saw its stock fall 3% in Friday's trading after the company reported a decline in its net interest margin.

Jordan said his company's stock price has been volatile as the markets attempt to re-value the regional banks. He predicted that net interest margins may drift a little lower throughout the course of 2013, but noted that they will see some offsets to that from their loan portfolio. Overall, Jordan said First Horizon should remain stable in a difficult environment.

When asked why the bank's capital markets business did not generate higher fees, Jordan said that Hurricane Sandy closed the markets for a few days, which impacted upon earnings.

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