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NEW YORK (TheStreet) -- One day doesn't set a precedent, Jim Cramer told his "Mad Money" viewers Friday, but a whole year is a different story. Cramer noted that 14 of the past 17 times the Dow Jones Industrial Average was up more than 20% in a year, the following year saw gains averaging 15%.
That's why when earnings season kicks off next week, Cramer said he'll be ignoring the headlines and diving into the conference calls, looking for better-than-expected revenue and earnings as well as guidance that will force analysts to raise their estimates.
On Monday, Cramer said he'll be watching the Chinese PMI numbers. With so many industrials leading this rally, he said the world will need a strong Europe and China to keep things going.Tuesday brings earnings from The Container Store (TCS) and Micron Technologies (MU - Get Report). Cramer said that Container needs to accelerate store openings to impress Wall Street and Micron must say there's no new chip manufacturing capacity coming online anytime soon if it wants its earnings to matter. Then, on Wednesday, Bed Bath & Beyond (BBBY) and Monsanto (MON) report. Cramer told viewers to steer clear of Bed Bath, which trades wildly around earnings, and Monsanto, on the news that General Mills (GIS) is ditching genetically modified grains for some of its cereals. Next up, on Thursday, it's Alcoa (AA) officially kicking off the first quarter. Cramer said this company offers an excellent read on the global economy, from autos and aerospace to construction. Finally, on Friday, it's the U.S. non-farm payroll numbers that investors will be fretting over. Cramer said he suspects this report will be strong.
Top 5 StocksLooking for the best stocks for 2014? Cramer told viewers to look no further than the best stocks from 2013 as he dove into the top five stocks in the S&P 500.
Topping the list is Netflix (NFLX - Get Report), which rose a staggering 297% in 2013, as this cult stock is seemingly loved by everyone. Cramer said he'd use deep-in-the-money call options to play this high flier. Next on the list is Micron Technologies (MU - Get Report), rallying 236%. Cramer said investors are late to the game with this stock but it still trades at just 10 times earnings.