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

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NEW YORK (TheStreet) -- Will today's weaker job numbers have a lasting effect on stocks? That's the question Jim Cramer pondered on "Mad Money" Friday as he laid out his game plan for next week's trading.

Cramer said it's not an all-or-nothing game. Some sectors of the market do better in a low-growth, low-interest rate environment while others will do poorly. That makes Cramer cautious in some areas but not others.

One area where Cramer's not worried: biotech, as the JPMorgan Biotech Conference kicks off next week. Cramer said that historically the biotech stocks rise as this conference gets underway, a move investors don't want to miss. Cramer's "four horsemen" of biotech remain faves but he advised taking profits in Intercept Pharmaceuticals (ICPT) after that stock's monster run.

On Tuesday, Cramer said he'll be watching the earnings from JPMorgan Chase (JPM), a stock which Cramer owns for his charitable trust, Action Alerts PLUS, and Wells Fargo (WFC). He's bullish on both names.

Wednesday brings earnings from Cramer's favorite financial, Bank of America (BAC), another AAP holding, while Thursday brings even more financial earnings, this time from Citigroup (C), Goldman Sachs (GS) and Capital One (COF).

Also on Thursday, PPG (PPG), another Cramer fave, and UnitedHealth Group (UNH), a company Cramer declared as a winner in the new world of health care.

Ending the week, it's earnings from two more Action Alerts PLUS holdings, General Electric (GE) and Morgan Stanley (MS). Cramer said he's bullish on both these names, but is less certain what Schlumberger (SLB) will have to say on its conference call.

Stealth Technology

Investors worried that the markets could take a turn for the worse should stick with long-term themes that are working, Cramer told viewers. One such theme is a notion Cramer calls "stealth technology" -- companies outside of the tech world that are innovating to bring investors huge profits.

Stealth technology companies come in all sorts of industries, said Cramer, from apparel to consumer goods to restaurants. Every one is inventing new products and in some cases, whole new categories of products.

One such company is Colgate-Palmolive (CL), which has invented a new Optic White toothpaste, Palmolive detergents that de-stink your sponges and Science Diet pet foods. It's no wonder Colgate commandeered 69% of the Brazilian toothpaste market.

Another innovator is Under Armour (UA), whose compression and moisture-wicking sports apparel literally changed the game. The company has since moved into innovative footwear and is constantly coming up with new fibers for clothing.

Then there's RPM International (RPM), featured last night on Mad Money. RPM has new Teflon fibers that replace rebar in concrete at a fraction of the price and weight, as well as water repellant coatings and more.

Finally, Cramer singled out Dominos Pizza (DPZ), which replaced error-prone phone ordering with a highly successful online and mobile solution that just works.

Off the Tape

In his "Off The Tape" segment, Cramer once again checked in with John Steinberg, president and COO of social news Web site BuzzFeed, to get the latest buzz on the upcoming social, mobile and cloud initial public offerings.

Steinberg is a big fan of companies such as Box.net and Dropbox, two cloud storage companies that he hopes come public soon. He said while both companies took different approaches to online storage, both have very loyal customer bases with real subscription revenue.

Online note-taking service Evernote is another standout for Steinberg, who noted the company's 72 million users on its desktop and mobile platforms. The more customers store on Evernote, the more revenue the company earns, he said.

Steinberg is also a fan of social, mobile and cloud companies including Zillow (Z), OpenTable (OPEN) and Yelp (YELP). There are too few of these stocks, Steinberg noted, especially given how important they'll be in the future.

Despite all the exciting upcoming IPOs and potential IPOs, Steinberg said he's still a fan of plain old Google (GOOG), which he said has a hidden asset in YouTube that the market has yet to realize.

Lightning Round

In the Lightning Round, Cramer was bullish on Isis Pharmaceuticals (ISIS) and Intel (INTC).

Cramer was bearish on Eastman Kodak (KODK), Amgen (AMGN), XOMA (XOMA), Advanced Micro Devices (AMD) and Halliburton (HAL).

No Huddle Offense

In his "No Huddle Offense" segment, Cramer opined on what today's disastrous unemployment data really mean to the markets. He reminded viewers that out of all the jobs data out there, today's non-farm payroll numbers have been the only ones that consistently matter to the markets. Today's number was clearly out of sync with what the markets were expecting.

That means there will be a big rotation out of the industrials and the banks because they both need a fast growing economy with higher interest rates to make money. That will also mean a rotation into the growth stocks, along with the real estate investment trusts and master limited partnerships, the same sectors that have been pounded for weeks but today sprung back to life, Cramer said.

Today's data were a signal to curb your enthusiasm, Cramer concluded, and that's exactly what he plans to do until he sees data to the contrary.

Cramer's Homework

In his "Homework" segment, Cramer circled back on a few stocks that stumped him during earlier shows. He likes United Therapeutics (UTHR), but only on a pullback. Cramer is also bullish on the small but profitable Anika Therapeutics (ANIK), but only as a speculative stock.

Cramer is less bullish on Ryman Hospitality Properties (RHP), saying he'd rather own Starwood Hotels (HOT), and Commvolt Systems (CVLT), saying the stock was just too pricey.

In the "Mad Tweets" segment, Cramer responded to questions sent via Twitter to @JimCramer. He said that he's still a fan of Whole Foods Markets (WFM) and also Google.

To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.

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-- Written by Scott Rutt in Washington, D.C.

To email Scott about this article, click here: Scott Rutt

Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC

At the time of publication, Cramer's Action Alerts PLUS had a position in BAC, INTC and JPM.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC Universal or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."

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