Updated from Wednesday to include new commentary on Southwest Airlines. 

TheStreet's founder Jim Cramer, who also manages the Action Alerts PLUS charitable trust portfolio, will have to juggle a number of earnings from his holdings on Thursday. Among them include Dow Chemical Co.  (DOW) - Get Report , Starbucks Corporation (SBUX) - Get Report and Southwest Airlines Co.  (LUV) - Get Report .

Dow Chemical CEO Andrew Liveris "will want to go out on a high," Cramer said, referring to DuPont's acquisition of Dow Chemical. Dow's commodity-based business is doing "very well" and its seed and agriculture business appears to be "very, very strong," he added.

"The combination with DuPont is going to yield a much larger price, which is why we continue to hold it," he explained, adding, "if you don't own any Dow, I think you can still buy it."

Turning to Southwest, Cramer pointed out that airlines and much of the transportation sector has been in freefall. This has weighed on Southwest stock as well, which has tumbled from $64 to $59. On Thursday, after speaking with CEO Gary Kelly on CNBC's "Squawk on the Street" show, Cramer said investors should use Thursday's decline as a buying opportunity. "It's al systems go" at Southwest, he added. 

As for Starbucks, Cramer said, "I don't think it will be good." The Action Alerts PLUS charitable trust portfolio sold some of its holdings in the $63 to $64 range. However, the company is still struggling, thanks to the success of its Mobile Order and Pay feature.

Too many people are using, which is causing a "mosh pit" to develop in the busier stores, Cramer explained, adding, "they have not figured out the mosh pit." If management can fix the issue, shares will be headed to $65. If not, look for a decline to $55, he concluded.

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At the time of publication, Jim Cramer's Action Alerts PLUS had positions in LUV, SBUX and DOW.