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NEW YORK (
) -- The good guys just keep on winning, Jim Cramer told his
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) - Get Norfolk Southern Corporation Report and Microsoft (MSFT) - Get Microsoft Corporation (MSFT) Report , 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) - Get 3M Company Report , American Airlines (AAL) - Get American Airlines Group, Inc. Report , Caterpillar (CAT) - Get Caterpillar Inc. Report , DuPont (DD) - Get DuPont de Nemours, Inc. Report , Procter & Gamble (PG) - Get Procter & Gamble Company Report and Apple (AAPL) - Get Apple Inc. (AAPL) Report , 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) - Get Boeing Company Report , Qualcomm (QCOM) - Get QUALCOMM Incorporated Report and Biogen Idec (BIIB) - Get Biogen Inc. Report . Cramer expects good results from all three of these faves.
Then, on Thursday, it's Alibaba (BABA) - Get Alibaba Group Holding Ltd. Sponsored ADR Report and Celgene (CELG) - Get Celgene Corporation Report , two stocks Cramer said will go higher, along with Amazon.com (AMZN) - Get Amazon.com, Inc. Report and Google (GOOGL) - Get Alphabet Inc. Class A Report , 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) - Get Chevron Corporation Report and MasterCard (MA) - Get Mastercard Inc. (MA) Report , 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 Hamada
For his "Executive Decision" segment, Cramer spoke to Rick Hamada, CEO of Avnet (AVT) - Get Avnet, Inc. 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.
Cramer Takes on UPS and McDonald's
It's time we hold CEOs accountable, Cramer told viewers as he sounded off against the heads of two Action Alerts PLUS holdings, UPS (UPS) - Get United Parcel Service, Inc. Class B Report and McDonald's (MCD) - Get McDonald's Corporation (MCD) Report .
Cramer said UPS promised that it wouldn't make the same mistakes it made during the 2013 holiday season. Instead, the company made worse ones, news that sent shares of UPS skidding 9% today. Cramer said the employees and shareholders of UPS deserve better and he called on UPS' board of directors to admit it made a mistake in its choice of CEO.
Then there's McDonald's, which for several quarters has noted the "urgency" of its declining sales, yet has simply done nothing about it.
These results are unacceptable, Cramer concluded, and these two companies need to find better people to lead their companies.
Executive Decision: Bryan Jordan
In his second "Executive Decision" segment, Cramer spoke with Bryan Jordan, chairman, president and CEO of First Horizon National (FHN) - Get First Horizon National Corporation Report , a regional bank that delivered a 3-cents-a-share earnings bear on robust lending. Shares of First Horizon yield 1.85% and are up 35% since Cramer first recommended the company two years ago.
Jordan said First Horizon saw great customer activity this quarter, including growth in commercial real estate and new account openings. He said First Horizon continues to build a strong balance sheet and they expect to see the momentum continue.
When asked about a loss of momentum in the oil and gas industries, Jordan noted he expects to see lots of growth in Texas, even if the oil and gas industries begin to pare back production.
Turning to his bank's continued fallout from the mortgage crisis, Jordan said it has been six or seven long years, but First Horizon continues to make progress in making settlements and closing that chapter of its history.
Cramer said local banks seem to be back in vogue and First Horizon is a shining example.
In the Lightning Round, Cramer was bullish on Royal Dutch Shell (RDS.A) , BioMarin (BMRN) - Get BioMarin Pharmaceutical Inc. Report , Cypress Semiconductor (CY) - Get Cypress Semiconductor Corporation Report , Take-Two Interactive (TTWO) - Get Take-Two Interactive Software, Inc. Report , Nordic American Tanker (NAT) - Get Nordic American Tankers Limited Report , Brown-Forman (BF.B) and Constellation Brands (STZ) - Get Constellation Brands, Inc. Class A Report .
Cramer was bearish on Zillow (Z) - Get Zillow Group, Inc. Class C Report , Continental Resources (CLR) - Get Continental Resources, Inc. Report , Juno Therapeutics (JUNO) , Micron Technology (MU) - Get Micron Technology, Inc. (MU) Report , Zynga (ZNGA) - Get Zynga Inc. Class A Report and Teekay Tankers (TNK) - Get Teekay Tankers Ltd. Class A Report .
Executive Decision: Russell Goldsmith
In a third "Executive Decision" segment, Cramer sat down with Russell Goldsmith, chairman and CEO of City National Bank (CYN) , a stock that's up 36% since Cramer first got behind the company in September 2013. City recently announced it is being acquired.
Goldsmith said that City National wasn't for sale but the opportunity was right and it was "the right thing to do" for City's clients, employees and shareholders.
When asked about the company's customer-focused strategy, Goldsmith said that it might seem old-fashioned, but City focuses on one client at a time, helping them on their way up as their wealth builds.
Cramer commended Goldsmith for a job well done.
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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 AAPL, GOOGL, MA, MCD, MSFT, RDS.A and UPS.