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NEW YORK (TheStreet) -- The U.S. has been great, but if the markets are to head even higher we'll need the rest of the world to be great as well, Jim Cramer said on Mad Money Friday as he laid out his game plan for next week's trading.
Cramer said on Monday he wants to see positive inflation data out of China. China needs low inflation in order to reignite its growth, he continued. If the markets are to take it to the next level, it'll need China to be growing.
Tuesday brings earnings from Ulta Salon (ULTA) and United Natural Foods (UNFI). Cramer said Ulta, once a high-flying momentum name, is now stuck in the mud and will need to see strong growth to get moving again. Meanwhile, United Natural should be able to provide an update on the packaged food wars and the state of the healthy-eating segment.Next, on Wednesday, it's Restoration Hardware (RH) in the spotlight. Cramer said with high-end retail doing well, he expects good things from this company. On Thursday it's Lululemon Athletica (LULU), another high-flier gone bad. With shares down nearly 25% for the near, Cramer said he will have to turn positive on Lulu soon, so he's anxious to hear how the the CEO is doing. Finally, on Friday, it's more macro economic data when the U.S. consumer confidence and May's producer price index, or PPI, arereleased. Cramer said he's expecting the PPI to be bad this month, which will likely put a damper on the markets.
Executive Decision: Leo DenaultFor his "Executive Decision" segment, Cramer sat down with Leo Denault, chairman and CEO of Entergy (ETR), a utility that seen its shares rise 24% so far in 2014 while still sporting a 4.2% dividend yield. Denault said there's a manufacturing renaissance occurring in the South thanks to the renaissance in U.S natural gas. He said that's giving Entergy strong top-line growth in a market where electricity rates are 20% lower than the national average.
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