Jim Cramer's 'Mad Money' Recap: Next Week's Game Plan

Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.


NEW YORK (TheStreet) -- We got a picture perfect labor number today, Jim Cramer told "Mad Money"  viewers Friday, and that means next week's game plan can once again focus on individual stocks.

On Monday, Cramer said, he'll be focused on PVH Corp (PVH), the apparel maker he expects will do well but it will also shed light on which other retailers may be bucking the trend this holiday season.

Next, on Tuesday, Burlington Coat Factory (BURL) and AutoZone (AZO) will be reporting. Cramer expects Burlington to report a good quarter but AutoZone should be having an even better one. He advised buying AutoZone on its traditional after-reporting weakness but avoid rival Pep Boys (PBY) at all costs. Also on Tuesday: Toll Brothers (TOL), the home builder that, like PVH, should provide insight into whether other companies, mainly the home-related names, are likely to do well.

Then, on Wednesday, it's Costco (COST) and Mens Warehouse (MW) taking center stage. Cramer said that Costco, an Action Alerts PLUS holding, remains a fave, especially on weakness. But Mens Warehouse has too much going on, which makes it too hard to own.

Turning to Thursday, Ciena (CIEN) will be reporting, and Cramer said this company is taking share and will keep going higher. He was less bullish on Lululemon Athletica (LULU), however, saying he needs to see that company's new CEO before opining.

Finally, on Friday it's the next set of macro economic data with the producer price index. Cramer said he hopes earnings will be strong enough to withstand whatever is reported in this data.

Speculation Friday

For "Speculation Friday," Cramer turned his sights onto a stock that's been murder for your portfolio, McDermott International (MDR). Shares on McDermott have fallen 28% so far this year despite record spending on offshore oil rigs, a trend that's likely to continue for years to come.

So how can McDermott be doing so poorly in such a great environment? Execution. Cramer said the company has been bidding on jobs with ultra thin margins, then mismanaging them with huge cost overruns. Fortunately, the company's CEO is retiring this month and Cramer said he's a fan of the replacement.

If you liked this article you might like

Faster Rebuild After Harvey; Micron Tech Breakout Would Be a Win: Best of Cramer

Stay Focused on the Green Lights: Cramer's 'Mad Money' Recap (Wed 8/30/17)

Cramer: Rebuilding After Hurricane Harvey Will Be Faster Than After Katrina

Play Defense, Play the Dollar: Cramer's 'Mad Money' Recap (Tuesday 8/29/17)

Cramer: Ready for the New Normal? Here It Is