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

Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.


NEW YORK ( TheStreet) -- This terrific market just keeps going higher, Jim Cramer told "Mad Money" viewers Friday.

But his game plan for next week's trading is still to urge caution, so investors should do their homework and only buy on weakness and not into strength.

Cramer said on Monday he'll be watching Caterpillar (CAT), a company he said has set the bar too high. He advised buying CAT only under $93. Yahoo! (YHOO) also reports on Monday, and Cramer said that company's new CEO continues to turn things around.

Tuesday brings EMC (EMC), about which Cramer has some trepidation, along with Ford (F), Pfizer (PFE) and Amazon.com (AMZN). Cramer said he's a buyer of all three stocks, but only after they report and especially if they get knocked down.

On Wednesday, it's Boeing (BA) and Qualcomm's (QCOM) turn at bat. Cramer said he'd steer clear of Boeing and use United Technologies (UTX) or Honeywell (HON) for aerospace exposure. As for Qualcomm, Cramer said he wants to listen and hear that company's take on the saturation of smart phones.

Thursday's stocks include DST Systems (DST), Fortune Brands Home and Security (FBHS) and Manitowac (MTW), three stocks Cramer said need to do unlock some shareholder value.

Also on Thursday, packaging makers Bemis (BMS) and Berry Plastics (BERY), two stocks Cramer recently featured as buy, buy, buys.

Finally on Friday, Exxon Mobil (XOM) and Chevron (CVX), a stock Cramer owns for his charitable trust, Action Alerts PLUS , will report. Cramer said he'd sell Exxon into any strength and buy more Chevron on any weakness.

Executive Decision

In the "Executive Decision" segment, Cramer spoke with Dan Fulton, president and CEO of Weyerhaeuser (WY - Get Report), a stock that Cramer sold for Action Alerts PLUS after it had risen 36% over the past six months. Shares of Weyerhaeuser fell 2% in the day's trading after it reported a monster quarter.

Fulton said it's been a long time coming, but he now feels very confident about the housing recovery in the U.S. He said he was very encouraged by the turn in California as well as in other hard-hit areas of the country. Fulton also noted that Weyerhaeuser's export business, particularly to the Asia-Pacific region, remains strong and growing.
1 of 2

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
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
CY $9.67 -3.30%
HLF $55.22 -4.08%
WY $27.59 -1.25%
AAPL $107.72 -4.47%
FB $87.23 -2.46%

Markets

Chart of I:DJI
DOW 16,058.35 -469.68 -2.84%
S&P 500 1,913.85 -58.33 -2.96%
NASDAQ 4,636.1050 -140.4030 -2.94%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs