Jim Cramer's 'Mad Money' Recap: Here's What I'm Watching Next Week

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October looks poised to start with a good head of steam, Jim Cramer told his Mad Money viewers Friday, as he outlined his game plan for next week's action.

On Monday, Cramer said he'll be waiting to hear if there's an agreement between Deutsche Bank (DB) and the regulators, something that could send the market roaring if the settlement comes in near the rumored $5.4 billion. He'll also be looking at the latest manufacturing ISM number, which if strong will send the Federal Reserve watchers to call for immediate interest rate hikes.

Next, on Tuesday, it's back to earnings with Darden Restaurants (DRI) and Micron Technology (MU) . Cramer said he'd buy some Darden ahead of earnings, and buy more if it gets clobbered, because of its bountiful 3.6% yield. He also felt Micron could head higher.

Wednesday brings earnings from Constellation Brands (STZ) , Monsanto (MON) , RPM International (RPM) , makers of Rustoleum paints, and Yum! Brands (YUM) . Cramer is a fan of all four.

The only bear of the week comes on Thursday with Helen of Troy (HELE) . Cramer said investors that want cosmetics should stick with Ulta Salon (ULTA) .

Finally, on Friday, we're back to economic data with the U.S. non-farm payroll numbers, along with German industrial production and Chinese PMI reports. Cramer said bad is good when it comes to our non-farm payroll report, and weakness in the German data may spark some much-needed stimulus in Europe. As for the Chinese numbers, Cramer said he expects those to be stronger than expected.

A Market in Markets

There's always a bull market somewhere, Cramer reminded viewers, and lately that bull market has been in the stock market itself. Stock exchanges including CME Group (CME) , which owns the Chicago Mercantile Exchange; Intercontinental Exchange (ICE) , which owns the New York Stock Exchange; and the self-described Nasdaq  (NDAQ)  have all been quietly soaring thanks to a huge wave of consolidation.

The Achilles heel of the exchange stocks has always been competition, Cramer explained. But after getting crushed during the recession, the exchanges started a wave of mergers, which has had their stocks rallying since 2012.

Of the three, Cramer said he prefers ICE and Nasdaq, both of which are more diversified and less susceptible to fluctuations in trading volume. ICE in particular scored a huge win when it announced the acquisition of the data service unit of IDC in October 2015 for $5.2 billion. This has allowed the company to win a ton of new business, Cramer said, that will continue to help it grow.

Don't Panic

Panic makes for great copy in your local newspaper, Cramer told viewers, but it's a terrible investment strategy. Just a day ago, the pundits were screaming from the rooftops that the sky was falling and Deutsche Bank could falter and take the rest of Europe's banking system with it. Today, the $14 billion penalty is being rumored around just $5.4 billion, well within the bank's ability to pay.

Cramer reminded viewers the financial journalism business is very asymmetric. If you're bullish and you're wrong, you will be labeled an idiot forever. But if you're bearish and nothing happens, you're seen as just a little too cautious.

Cramer said Deutsche Bank is the biggest bank on the continent and had several options available to it, even if the penalty was $14 billion. That's why he predicted on Thursday's show that a resolution would be the most likely outcome. He just didn't expect one this quickly.

Executive Decision: Peter Gassner

For his "Executive Decision" segment, Cramer sat down with Peter Gassner, founder and CEO of Veeva Systems (VEEV) , the cloud services company serving the life sciences industry. Shares of Veeva are up 43% so far this year.

Gassner explained that Veeva's software replaces legacy systems for clinical trial management, both modernizing them and moving them to the cloud. When the company had its IPO three years ago, he said his company's Vault product had a $10 million run rate. Today, just three years later, they're grossing $150 million.

Compared to legacy systems, Veeva provides things such as much faster search capabilites and dramatically better reporting and dashboard functions, Gassner said. Better still, as the company's platform grows, development of new products moves even quicker than it has before as their suite of services is unified.

Cramer said shares of Veeva are expensive, but they should be because this company owns its market.

Lightning Round

In the Lightning Round, Cramer was bullish on Eaton (ETN) , Brooks Automation (BRKS) , Flex  (FLEX) and Home Depot (HD) .

Cramer was bearish on Sarepta Therapeutics (SRPT) .

No Huddle Offense

In his "No Huddle Offense" segment, Cramer opined on the rumors that Qualcomm (QCOM) is in talks to acquire NXP Semiconductors (NXPI) for $30 billion.

While only a rumor and by no means a done deal, Cramer said the gains in NXP were easily attainable, especially after the company's CEO, Richard Clemmer, appeared on Mad Money in April and told us how well things were going.

NXP recently acquired Freescale in an effort to diversify away from smartphone chips, the company's bread and butter, and into automative chips, particularly those used in smart and self-driving vehicles. Clemmer even showed off one of his company's latest radar sensing chips, which was the size of a postage stamp.

Yet, despite its growth and excellent management, NXP still go no respect on Wall Street, making the stock only more attractive to an acquirer like Qualcomm.

Cramer said he thinks NXP management will be unlikely to sell for less that $120 a share.

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

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

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