Schlumberger (SLB) reported lackluster quarterly results on Friday. TheStreet's Jim Cramer, whose charitable trust Action Alerts PLUS owns the stock, said his trust will be buying more shares next week.
Watch more of Jim Cramer's latest videos:
- Jim Cramer on Honeywell: There's a Great Growth in Cash Flow
- Jim Cramer: Buy Visa If Shares Come In
- Jim Cramer: GE Had Bad Operating Cash Flow
(What will move markets this quarter and how should investors position themselves ahead of time? Jim Cramer sat down with four of TheStreet's top columnists recently to get their views. Click here to listen to his latest Trading Strategies roundtable with them and read their advice for stocks, bonds, forex and gold.)