Next week is full of trading opportunities with a bias to the upside, Jim Cramer told his Mad Money viewers Friday, as he laid out his game plan for next week's trading. This is a challenging market, however, one where Washington could get in the way at any moment.
On Monday, Cramer will be watching Oracle's (ORCL) earnings, as this company offers both old-school and cloud solutions, and it's stock offers a good risk/reward.
For Wednesday, keep an eye on General Mills (GIS) , a Cramer favorite for its Blue Buffalo pet food acquisition, and Five Below (FIVE) , the discount retailer with a winning formula for dealing with the fickle consumer.
The earnings continue on Thursday with more recommendations, this time Darden Restaurants (DRI) , ConAgra Foods (CAG) and Accenture (ACN) . Also on Thursday, some controversial names. Cramer said he still likes Nike (NKE) and Micron Technologies (MU) , but is nervous about KB Home (KBH) .
Finally, Friday brings us the government's latest durable goods data and new home sales. Cramer said he expects the durable-goods number to be good, but home sales could slip, which would be a welcomed signal on Wall Street.
On Real Money, Cramer says the truth is there simply are no "trusted advisers" in the White House. Get more of Cramer's insights with a free trial subscription to Real Money.
Executive Decision: United Technologies
For an "Executive Decision" segment, Cramer spoke with Greg Hayes, chairman and CEO of United Technologies (UTX) , which just held its annual investor day.
Hayes said that when it comes to aerospace, there are macro forces pulling in the company's favor, including a growing global middle class and increased urbanization. That means we will need to build more than 30,000 new aircraft in the next 12 years -- a huge ramp up from where we are today.
Hayes added that innovation is also driving aerospace, and Pratt & Whitney's new geared turbofan engines are game-changing, offering significant improvements in noise, fuel efficiency and emissions. These new engines are the result of 12 years and $10 billion of investment.
Turning to the topic of trade and tariffs, Hayes said that United Technologies buys 600,000 tons of steel and three million pounds of aluminum every year, but only a third of that is purchased inside the U.S. That makes the impact of tariffs negligible, he said, but nobody wins in a trade war, so hopefully these new tariffs will be the last.
Finally, when asked about calls to split up the company, Hayes said some investors advocate a split, while others don't, but it's something they will be exploring. There are synergies and economies of scale that help a combined company, he said, but shareholders deserve an answer either way.
Cramer and the AAP team are analyzing Broadcom (AVGO) share movement and the company's latest results. Find out what they're telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts PLUS.
Netflix in the Spotlight
Sometimes it's hard to recognize a good idea, and that's especially true on Wall Street when you're dealing with a growth stock. Case in point: Netflix (NFLX) , a long-time Cramer favorite that's up 66% so far in 2018 and more than 1,000% over the past five years.
With the stock's spectacular performance, you'd think the analysts on Wall Street would be clamoring for Netflix, but that simply isn't the case. Ever since the company announced it was investing in original content, the analysts have cited "increased spending" as the sole reason you shouldn't own it.
As time went on, and Netflix increased its spending, many analysts only dug in their heels, with one rating the stock an underperform since 2011.
But what Wall Street sees as a negative is actually the biggest positive at Netflix. The company's original content is why customers continue to subscribe and why they're willing to pay more. Netflix is in the unique position of knowing exactly what its customers want and giving it to them. Their content is now the company's biggest asset.
Cramer said it was a huge mistake to bet against Netflix, and it still is. He's be a buyer of the stock, but only on a pullback given it's big run so far this year.
Executive Decision: New Relic
In his second "Executive Decision" segment, Cramer again sat down with Lew Cirne, founder and CEO of New Relic (NEWR) , the cloud software provider which just turned profitable this past quarter.
Cirne said there are several factors accelerating their revenues, not the least of which is a desire by all companies to move faster and make sure their digital operations are running smoothly. Whether you're an airline, a consumer packaged goods company, like McCormick (MKC) or Domino's Pizza (DPZ) , your digital presence is quickly becoming your entire operation, Cirne added, and New Relic helps ensure you're moving in the right direction with all of your digital initiatives.
Cirne added that companies like Amazon (AMZN) , Microsoft (MSFT) and other cloud providers are great partners for New Relic and are part of the reason why multi-million dollar deals are the fastest growing segment for the company. In the end, it's not about AI, he said, it's about solving problems.
In his "No-Huddle Offense" segment, Cramer said if you want to learn about what's working in tech, you need to visit Silicon Valley, like he did this week. Once you're there, you'll see the many powerful themes that are working and the incredible innovations happening in the cloud, big data, finance, semiconductors, social, mobile, security and many more.
Cramer said Clorox continues to be a stealth technology play, using incredible innovation to introduce new products, new categories, new line extensions and so much more.
Read Thursday's "Mad Money" recap, during which Cramer interviews Clorox CEO Benno Dorer.
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