Next week, Washington D.C. and international summits will certainly dominate the news and capture a lot of attention on Wall Street and elsewhere, Jim Cramer told his Mad Money viewers, but in the end, the stock market's strength will not be impacted. Investors need to remember that business is good, employment is great and they shouldn't get too negative.

Cramer said his game plan starts on Monday with any fallout from the Canadian G-7 summit this weekend. No one expects anything good, he noted, so any good news may be welcomed by investors. Also on Monday, RH (RH) will be reporting, and the company will likely have good things to say.

On Tuesday, President Trump is scheduled to meet with North Korea and once again, any news may boost the markets. We are also expected to get a decision on the AT&T (T) acquisition of Time Warner (TWX) .

Wednesday will see more news from Washington with the Federal Reserve meeting, where a rate hike is likely. Cramer said he'd use any weakness to buy on Thursday.

Speaking of Thursday, we'll get earnings from Michaels (MIK) and Jabil (JBL) . Cramer expects good things from Michaels, but said Jail could be challenged.

Finally on Friday, it's an analyst day from Centene (CNC) that will have Cramer's attention, although he said this stock has run too much and needs to cool off.

Cramer and the AAP team offer their take on the political and economic calendar next week. Find out what they're telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts PLUS.

Executive Decision: Oath

For his "Executive Decision" segment, Cramer sat down with Tim Armstrong, CEO of Oath, the digital media subsidiary of Verizon (VZ) that was formed after the acquisition of Yahoo. Armstrong is the former CEO of AOL.

When asked about today's news that Verizon's CTO, Hand Vestberg, will be taking the helm as CEO, Armstrong said that it's a sign how important the next generation -- 5G wireless -- is to the company. He said 5G will bring speeds 10 times faster than what's available today, enabling augmented and virtual reality services unlike anything we've seen so far.

Many people may not know about Oath, Armstrong admitted, but the company has $8 billion in revenue and over 13,000 employees. Its mission is to build brands that people love, and they're a big part of where Verizon is headed.

In a world littered with fake news, Armstrong said it's more important than ever to build trusted brands, which is why they're hard at work reconnecting the parts of Yahoo's ecosystem and upgrading sites like sports, finance, news and weather. Oath is also investing heavily in live entertainment, but not movies, instead turning to next-generation content like AR and VR.

Cramer says when you spend a whole day interviewing and listening to more than a dozen industry execs and market experts, as he did Thursday at TheDeal's Corporate Governance conference, you can come back with a gazillion ideas. Check out his Top Takeaways over on Real Money.

Five Below 

The high-end dollar-store chain Five Below (FIVE) remains a phenomenal long-term story, Cramer told viewers, but after the stock's amazing run, investors would be smart to take a pause before buying.

Shares of Five Below are up an amazing 41.7% over just the past week, after the company reported a strong quarter that included raising estimates for the rest of the year. Shares responded by adding $1 billion to the company's market cap in just 24 hours.

Cramer said Five Below's strong results were a wake-up call to Wall Street that this fabulous discount chain, with 650 stores in just 32 states, has a lot more room to run. The company aims for 750 locations by the end of the year, with 2,500 stores ultimately planned.

Beyond the terrific regional-to-national expansion, Cramer said, the company is a terrific operator, knows its target market and effectively utilizes social media.

With an expanding footprint and rising gross margins, Cramer said there's a lot to love about Five Below, but after the stock's rocket higher, investors need to wait for the next market-inspired footprint to buy in. All of the short sellers have already covered their positions, he said, making shares vulnerable at these inflated levels. 

Off the Tape: Houzz

In his "Off The Tape" segment, Cramer spoke with Adi Tatarko, co-founder and CEO of the privately-held Houzz, the online marketplace that provides the tools for people designing and remodeling their homes.

Tatarko explained that Houzz currently has two revenue models. First, they have a network of 1.6 million professional designers and remodelers that pay a subscription for local exposure to homeowners in their market. Second, they have a database of 60 million images that are tagged with the items and materials they contain, which is then linked to a network of 20,000 sellers and vendors that can complete the purchase.

Houzz combines both of these services with the latest technologies that allow homeowners to see items in their homes in 3D, taking a lot of the guesswork out of the remodeling process.

No-Huddle Offense

In his "No-Huddle Offense" segment, Cramer opined on what he thought were this week's biggest takeaways. He said that he thinks China will eventually allow Qualcomm's (QCOM) bid for NXP Semiconductor (NXPI) , making a move from $60 to $80 a share a good possibility. He was also bullish on Procter & Gamble (PG) having more accountability for its performance.

Both Wyndham Hotels (WH) and Wyndham Destinations (WYND) told great stories this week on "Mad Money," Cramer added, and the turnaround at Macy's (M) makes that stock a buy on any weakness. 

Lightning Round

In the Lightning Round, Cramer was bullish on United Technologies (UTX) , Cisco Systems (CSCO) , Charles Schwab (SCHW) , Oshkosh Truck (OSK) , MGM Resorts (MGM) , Hasbro (HAS) , Colgate-Palmolive (CL) and PepsiCo (PEP) .

Cramer was bearish on Rockwell Collins (COL) and Mattel (MAT) .

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At the time of publication, Cramer's Action Alerts PLUS had a position in PEP.

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