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) -- The economy stumbled last month, Jim Cramer said on "Mad Money" Friday about the day's disappointing jobs number. But that's now behind us, which means the markets will be looking forward to earnings and the latest macroeconomic data.

That's why on Monday Cramer said he'll be watching a host of economic data from China, Germany and Japan, as well as the latest words from our own Federal Reserve chairman, Ben Bernanke. Beyond the macro news will be earnings from Alcoa (AA), which Cramer expects will be horrible.

Tuesday brings more macro data and also an analyst meeting from First Solar (FSLR). Cramer said he's looking right past those into Wednesday, when CarMax (KMX) and Bed Bath & Beyond (BBBY) report earnings. Cramer will be looking for resilience from both companies.

On Thursday it's more bad news, with the latest unemployment claims, this time including the opening wave of government layoffs from the sequester. One bright spot: Pier1 Imports (PIR), a company likely to report good numbers that will be swallowed up by the jobless rate, Cramer said.

Finally, on Friday it's bank day, with JPMorgan Chase (JPM) and Wells Fargo (WFC) reporting. Cramer said he'd stay away from both stocks going into earnings and consider them again after a 2% to 4% pullback. There will once again be a single bright spot on Friday, and that's ImmunoGen's (IMGN) investor day.

Executive Decision: Nick Schorsch

In the "Executive Decision" segment, Cramer sat down with Nick Schorsch, chairman and CEO of American Realty Capital Properties (ARCP - Get Report), a real estate investment trust that's up 13% so far this year and currently yields 6.1%.

ARC has been in a battle to acquire the privately held REIT of Cole Capital Properties III. Schorsch said the deal would be 10% accretive to ARC shareholders and would be a good deal for Cole's shareholders because they would have a publicly traded vehicle for their investment. He said ARC has the capital and credit available to complete the deal and he hopes that the mudslinging comes to an end so the companies can seriously consider the merger.

When asked about the company's dividend, Schorsch said that ARC is committed to raising its dividend along with its growth prospects. As such, ARC plans to grow earnings by 16% this year, not including a deal with Cole. He said that either with or without a deal, ARC is poised to have a great 2013.

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
SYM TRADE IT LAST %CHG
ARCP $8.91 -0.78%
EXAS $22.68 -2.97%
OPK $14.00 0.86%
AAPL $125.01 -0.63%
FB $78.10 0.70%

Markets

DOW 17,841.98 -86.22 -0.48%
S&P 500 2,080.15 -9.31 -0.45%
NASDAQ 4,919.6440 -19.6830 -0.40%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs