Jim Cramer's 'Mad Money' Recap: Here's Next Week's Game Plan
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NEW YORK ( TheStreet) -- The good guys just keep on winning, Jim Cramer told his Mad Money TV show viewers Friday. But with next week's flurry of earnings, Cramer told investors to "stop, look and listen" and not step on the battlefield because the news will be coming too fast to follow.
On Monday, Cramer said he'll be watching Norfolk Southern (NSC) and Microsoft (MSFT) , a stock which he owns for his charitable trust, Action Alerts PLUS. Cramer said he expects good things from both companies.
Next, on Tuesday, it's a huge day, with 3M (MMM) , American Airlines (AAL) , Caterpillar (CAT) , DuPont (DD) , Procter & Gamble (PG) and Apple (AAPL) , another Action Alerts PLUS name, all reporting. Cramer is bearish on Caterpillar but had positive things to say about all the others.Wednesday brings earnings from Boeing (BA) , Qualcomm (QCOM) and Biogen Idec (BIIB) . Cramer expects good results from all three of these faves. Then, on Thursday, it's Alibaba (BABA) and Celgene (CELG) , two stocks Cramer said will go higher, along with Amazon.com (AMZN) and Google (GOOGL) , two stocks he said makes him nervous, despite Google also being an Action Alerts holding. Finally, on Friday, the earnings finally come to an end with Chevron (CVX) and MasterCard (MA) , yet another AAP holding. Cramer advised steering clear of all oil stocks as well as MasterCard, which will likely fall after it reports.
Executive Decision: Rick HamadaFor his "Executive Decision" segment, Cramer spoke to Rick Hamada, CEO of Avnet (AVT - Get Report) , the tech component and solutions provider that posted a 6-cents-a-share earnings beat yesterday, news that sent shares up over $1. Hamada explained that Europe was particularly strong this quarter, up 7%, thanks in part to investments in the region and solid execution. He singled out Germany and the U.K. as above-average countries. Overall, Hamada said that tech spending was resilient throughout the quarter as new technologies are being adopted in the data center space as well in the "Internet of things." When asked about those "things," Hamada noted there are many opportunities for Avnet from the sensors all the way to the servers. Perhaps the only dark cloud over Avnet's quarter came from currency translation. Hamada said that with the weaker euro, sales appeared to be slowing down. Adjusted for a constant currency, investors can easily see that Avnet is on target meeting its promises. Cramer said Avnet is doing all the right things. Must Read: How to Trade the Market's Most-Active Stocks: UPS, Avon and More
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