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NEW YORK (
) -- In this
, no news is fabulous news, Jim Cramer told his
viewers Friday. Fortunately, there's not a lot of news in next week's game plan.
On Monday, Cramer said the only news he'll be watching are the existing home sales. But while sales will most likely disappoint investors, the markets probably won't pay much attention.
Then, on Tuesday, the latest durable goods numbers will be released, but Cramer said these numbers won't be a game changer for the stock market either. Additionally on Tuesday, earnings from Walgreen's (WAG) . Cramer said he's not expecting any surprises here.
Continuing the ho-hum news on Wednesday will be the initial jobless claims. Cramer said the Federal Reserve has already told us it's keeping an eye on this data.
Thursday is Christmas, and Cramer made his annual plea for all parents and grandparents to buy one share of Walt Disney (DIS) - Get Report for each of their children. Disney is not only a terrific investment but also an opportunity to teach kids early about the power of investing and the joys of stock ownership.
Finally, on Friday, the retail outlooks for this holiday season will begin pouring in. Cramer said he's reminded that Blackhawk (HAWK) is the leader in the gift card space and Verifone (PAY) will be kicking off a huge credit card terminal upgrade cycle for 2015.
Executive Decision: Jim Whitehurst
For his "Executive Decision" segment, Cramer spoke with Jim Whitehurst, president and CEO of Red Hat (RHT) - Get Report , the open source software provider that just posted a 2-cents-a-share earnings beat on a 15% rise in year-over-year revenuesand raised its 2015 guidance. Shares of Red Hat are up 28% since Cramer checked in back in June.
Whitehurst said that while Red Hat is best known for its Linux operating systems, this quarter saw strong, 48% growth in its non-Linux offerings. He said customers are more and more preferring the Red Hat model, which offers free software but robust support and maintenance services.
When asked about the recent cyber attacks at Sony (SNE) - Get Report , Whitehurst said one of the many benefits of Red Hat is having quick access to security updates and patches. Some of the vulnerabilities found recently were fixed by Red Hat within an hour, he noted.
Continuing on the security topic, Whitehurst explained that security remains a major problem and every company is at risk. He said security is a lot more than just software. Companies must review their processes, training and many other human factors as well.
Finally, when asked for a big win this quarter, Whitehurst called out Adobe Systems (ADBE) - Get Report , which is increasingly using Red Hat as it move its software to a cloud-based subscription model.
Timing Your Move
With the markets up a quick 4% in a short period of time, Cramer said many investors are asking, "What should I buy?" and "Have I missed the rally?"
Cramer said he learned a long time ago that the way to win in the markets is to have consistency and discipline, and part of that discipline is admitting that you may have missed the move.
When stocks move up big and you are caught sitting on the sidelines, Cramer said 90% of the time it's better to wait than to chase stocks higher. If you miss it, you need to own it and pay the price, Cramer said, or look for stocks that have pulled back or didn't participate in the move.
In today's market, Cramer said he'd look at stocks such as Nike (NKE) - Get Report , which performed badly despite the company doing quite well. Both Deckers Brands (DECK) - Get Report and Skechers (SKX) - Get Report were down in sympathy with Nike and Cramer said he likes all three. He advised staying away from Finish Line (FINL) , however, as that quarter was not up to par.
Off the Tape
In his "Off The Tape" segment, Cramer sat down with Neil Clark Warren, founder, chairman and CEO of the privately held eHarmony, the Web site best known for online dating but now expanding into employment matchmaking.
Warren touted the many successes of eHarmony in the dating world, including some 10 million matches that have resulted in over one million marriages. He also said his company has kept statistics on divorce rates, just 3.8%, as compared to 40% nationally.
When asked about the new employment matching service, Warren explained that eHarmony is looking to match employees with jobs that offer a culture match, one where they have all the correct tools to do the job and one where their personality fits with the prospective bosses.
Turning to the issue of possibly becoming a public company, Warren said that while he's been leery in past, the company ise moving in the direction of a possible IPO in future.
In the Lightning Round, Cramer was bullish on Exxon Mobil (XOM) - Get Report , KeyCorp (KEY) - Get Report , Kinder Morgan (KMI) - Get Report , Lithia Motors (LAD) - Get Report , Diebold (DBD) - Get Report , Costco (COST) - Get Report and Henry Schein (HSIC) - Get Report .
Executive Decision: Marty Mucci
In his second "Executive Decision" segment, Cramer sat down with Marty Mucci, president and CEO of Paychex (PAYX) - Get Report , which just reported a 1-cent-a-share earnings beat. Shares of Paychex currently yield 3.3%.
Mucci painted a mixed picture for the U.S. economy, noting that while hiring is up, new business formation remains sluggish. He also said the Affordable Care Act, which kicks into high gear in 2015, may be holding back both hiring and new businesses as entrepreneurs assess the new requirements.
But despite some headwinds, Mucci noted that hiring related to energy in North Dakota, Texas and other shale regions remains strong, even with the decline in oil prices. He also touted successes in Paychex human resource offerings and its 401(k) services for small businesses.
Cramer said with interest rates set to rise next year and, he hopes, hiring remaining strong, there's a lot to like at Paychex.
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-- Written by Scott Rutt in Washington, D.C.
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At the time of publication, Cramer's Action Alerts PLUS had a position in KMI.