Biotech has been a bear lately, Cramer said, so please be careful when one of his favorites, Regeneron (REGN), reports on Thursday. The stock has been a long-term winner but the sector is a loser right now. Dont get hurt. Priceline (PCLN) also reports Thursday and is one of Cramer's favorites, but it is not for the squeamish. It almost always gets hit in the split-second after reports. If you can't handle that, take profits ahead of the quarter. If you can, Cramer said to prepare yourself to buy more.
Friday, we'll hear from Polo Ralph Lauren (RL), which Cramer thinks would be a terrific buy ahead of the quarter. Cramer will also be looking closely at 3-D printing company Stratasys (SSYS), which is still much loved even though its been hammered lately. While it could deliver this quarter, it might be a good occasion to sell the stock into strength, not buy. The whole 3-D group has overstayed its welcome.
Heading into next week, Cramer said, remember that the bond market is saying something might be lurking out there. It's not such a bad idea to raise some cash now that we're flirting with all-time highs so that were ready for whatever this market, or the Russians, could throw at us.
Executive Decision: Ronald Shaich
What's going on with Panera Bread (PNRA - Get Report) lately? Cramer said the stock is getting slammed as part of a pullback from all things growth. Even though it has given you about 150% return over the past five years, lately whenever it goes up it shoots right back down.As investors have pulled back while the company enters what it calls "Panera 2.0," Cramer welcomed Panera's founder, chairman and CEO, Ronald Shaich to talk shop. Given the long-term outlay going into Panera bread, which Shaich said could take years, Cramer wanted to know why people should buy the stock now. The market believes in this vision, Shaich said. On any given day, it is not about where the stock price is but where it is going to be in three months or a year or three years. I've run this company for the better part of two decades," Shaich said, "and every five to seven years, we've made investments in restaging the company that have led to expanded earnings and growth." Cramer frequents Panera, enjoys the products, and wanted to know what needs to change. Shaich envisions efficiency improvements by placing orders on the Web or your smartphone so you can avoid the lunch rush. Customers can walk into the store, pick up their food and be out in 10 seconds.
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