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

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NEW YORK (TheStreet) -- It's almost time to start buying domestic growth stocks, Jim Cramer told his "Mad Money" viewers Friday as he laid out his game plan for next week's trading. Cramer said the markets have almost priced in the uncertainty in Ukraine and China, and U.S. restaurants and biotechs could be bought into weakness.

Cramer's week starts off Monday with Chinese property prices. He said this number needs to be in the sweet spot for the markets to view it favorably. Too high, and fears of a tightening will set in; too low, and the markets will fear the wheels are falling off the Chinese economic bus.

Tuesday brings earnings from Oracle (ORCL) and Adobe (ADBE). Cramer said if these reports send other tech stocks higher, then all is well. If not, look out.

Next, on Wednesday, it's FedEx (FDX) reporting and an analyst meeting for First Solar (FSLR). Cramer said he prefers UPS (UPS) over FedEx but FedEx provides an update on the world's economy and is worth the listen. First Solar could rally big on its presentation.

Then, on Thursday, it's housing day with home builder Lennar (LEN) reporting and existing home sales being released. Cramer said housing will be important to the health of the overall market.

Finally, on Friday, it's embattled Darden Restaurants (DRI) reporting along with high-end retailer Tiffany (TIF). Cramer said activists want a new CEO at Darden, while Tiffany will likely see no "pin action" from its earnings, no matter how good they are.

Executive Decision: Lars Bjork

For his "Executive Decision" segment, Cramer sat down with Lars Bjork, CEO of Qlik Technologies (QLIK), a cloud-based provider of data analytics software. Shares of Qlik are down 18% over the past six months.

Bjork explained that Qlik's technology allows corporate users to explore their data and find answers they weren't even looking for. He said Qlik helps discover patterns and trends, helping to keep companies ahead of the market.

When asked what's driving the trend towards cloud-based analytics, Bjork said cloud-based software is fast, it's beautiful and it's device-agnostic. It puts the user in control of the experience and lets them tailor reports and dashboards that suit their individual needs.

Bjork said that Qlik also works with Twitter (TWTR) and other social feeds, which their software sees as just another data source.

Despite the many positives, Bjork also admitted that there may be a pause in sales ahead of the next release of Qlik's platform. Cramer said investors should look into the company and decide whether Qlik deserves a spot in their portfolios.

IPO Madness

With all the excitement surrounding the coming initial public offering of King Digital, maker of the popular game Candy Crush, Cramer asked the question, "Have investors learned nothing?"

Remember Farmville, the last red-hot social game that took Zynga (ZNGA) into the stratosphere? Well, if you bought Zynga on its IPO you'd be down 45%. So why are investors once again clamoring for what could be another one-hit wonder? Cramer said it's because unlike Zynga, the excitement is actually justified.

Cramer explained that King is nothing like Zynga. It's cheaper, its earnings are steadier and its games are, well, tastier. Zynga was never able to replicate the success of Farmville, despite making 18 acquisitions. King, however, has lots of popular titles that it develops in-house, having made only one acquisition.

King is also ahead of the curve, getting 70% of its revenue from mobile. Zynga sits at only 24%. King has 12.2 million paying users. Zynga had only 3.4 million when it came public.

But perhaps the most compelling reason to be excited over King is its valuation, said Cramer. Expected to price between $20 and $24 a share, King will be trading at just 13 times earnings, cheaper than mega game maker Electronic Arts (ERTS) and far less than the 58 times earnings of Zynga's IPO.

Lightning Round

In the Lightning Round, Cramer was bullish on Alcatel Lucent (ALU), ISIS Pharmaceuticals (ISIS), Pembina Pipeline (PBA), Biogen Idec (BIIB), F5 Networks (FFIV) and General Electric (GE).

Am I Diversified?

In the "Am I Diversified?" segment, Cramer spoke with callers and responded to tweets sent via Twitter to @JimCramer to see if investors' portfolios have what it takes for today's markets.

The first portfolio included Salesforce.com (CRM), Twitter, Walt Disney (DIS), Verizon (VZ) and Starbucks (SBUX).

Cramer advised selling Twitter and adding a health care name like Bristol-Myers Squibb (BMY).

The second portfolio's top holdings included DangDang (DANG), MolyCorp (MCP), Yahoo! (YHOO), Pain Therapeutics (PTIE) and General Motors (GM).

Cramer said he's not a fan of DangDang or MolyCorp, but this portfolio was diversified.

No Huddle Offense

In his "No Huddle Offense" segment, Cramer explained why having a "bankable CEO" matters to a company and its stock. What is a bankable CEO? Cramer said it's a strong leader who triumphs during times of significant adversity.

Case in point: Jim McNerney, CEO of Boeing (BA). Time and time again, McNerney has proven that weakness in Boeing stock is a time to buy, not sell.

That's why with shares off 20 points from their highs, Cramer said it's time to buy into McNerney once more. While uninformed investors worry about a supposed inventory glut, cracks in the wings of its 787 Dreamliner and the possible repercussions of the missing Malaysian airliner, smart investors know better.

Cramer said McNerney has already told investors the backlog for Dreamliners extends out many years, and he's proven that any problems with Boeing's planes can and will be fixed. As for the tragedy in Malaysia, Cramer said the 777 is the safest plane in the skies today, and he expects no different outcome for the company this time.

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 GE and GM.

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