Jim Cramer Looks Ahead to Walgreens and PepsiCo Earnings

TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer is keeping an eye on earnings from Walgreens Boots Alliance (WBA) - Get Report and PepsiCo (PEP) - Get Report , released next week. 'PepsiCo I think is going to be another solid quarter,' Cramer said. 'With Walgreens, there was some research notes saying that the quarter may not be that good, but all I care about is the closing of the Rite Aid (RAD) - Get Report deal. Let's get that deal done or let's walk away and use the cash to be able to buyback stock.' Walgreens Boots Alliance reports earnings on Wednesday before the markets open, while PepsiCo releases its results on Thursday morning.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.