NEW YORK ( TheStreet) -- "Today was rough," Jim Cramer admitted to the viewers of his "Mad Money" TV show Friday. "But don't let this Egyptian sell-off scare you away from the whole market," he continued as he laid out his game plan for next week's trading. Cramer told viewers to keep their eye on the ball, as the selling will create tremendous buying opportunities. For Monday's trading, Cramer said he'll be watching Exxon Mobil ( XOM) for comments on the unrest in Egypt and its affect on oil. He said he'll also be watching construction machinery company Manitowoc ( MTW), a stock Cramer's warming up to, along with Novellus ( NVLS) a semiconductor equipment maker that is also heating up. On Tuesday, Cramer said Cummins ( CMI), a stock which he owns for his charitable trust,
Late Cycle PlaysIn the "Executive Decision" segment, Cramer spoke with Sandy Cutler, chairman and CEO of Eaton ( ETN), a stock that's up 167% since Cramer first recommended it in October, 2008. Eaton just delivered a two-cent-a-share earnings beat, along with a 17-cent-a-share dividend boost. Cutler said he sees all of Eaton's end markets growing 8% in 2011, a good sign for his company. And, he noted, many of Eaton's segments are late cycle economic plays which haven't even really gotten started yet. One of those late cycle businesses is trucks, said Cutler, which after a weak two years is now on track to see truck sales of 240,000 in the U.S., up from just 150,000 last year. Another bright spot for Eaton is the company's uninterruptible power business, used mainly in computer data centers. Cutler said uninterruptible power is the gift that keeps on giving, as data centers are constantly looking to lower their electric bills. Turning to another exciting area for Eaton, electric cars, Cutler said the electric car market really isn't moving as fast as he'd hoped, but as electric cars become more mainstream, Eaton will be ready with not only home charging stations but also higher voltage level two and level three stations that can charge cars in a fraction of the time. Cramer said as the markets are taking down all stocks, Eaton should definitely be one investors consider picking up on the cheap.
Reinventing the BusinessIn a second interview, Cramer sat down with Farooq Kathwari, chairman, president and CEO of Ethan Allen ( ETH), a stock that's up 44% since Cramer recommended it on July 29 and one that just delivered a 10-cent-a-share earnings beat on revenue that increased 20.9%. Kathwari said the recession allowed Ethan Allen to look at every element of their business and ask whether it was relevant. He said this question led to reinvention of their business and "raising the bar" for everything they do to become more meaningful to their customers. Now, said Kathwari, the fruits of that reinvention are upon us and "we're just getting started." Cramer continued his recommendation of Ethan Allen.