Cramer's 'Mad Money' Recap: Next Week's Game Plan
NEW YORK (TheStreet) -- Corporate earnings still continue to drive the markets, Jim Cramer told "Mad Money" viewers Friday. Cramer said the rule of thumb remains that domestic companies are good while those selling overseas are bad, and those that execute well are rewarded even more.
That's why on Monday, Cramer said he'll be watching Buffalo Wild Wings
Cramer said he'd be a buyer of Cummins
Wednesday brings Allergan
Then on Thursday, it's American International Group
Finally on Friday, unemployment takes the stage. Cramer said he expects this report to be a non-event, but he does expect the naysayers to be out in force on Wednesday as the Federal Reserve meets. He told viewers to ignore these bears and buy on any weakness.
Executive Decision: Nick Akins
In the "Executive Decision" segment, Cramer spoke with Nick Akins, president and CEO of American Electric Power
When asked why AEP hasn't already switched from dirty coal to cleaner, renewable alternatives, Akins explained his company has made a massive investment over the past 106 years and that means things can't be changed on a dime. He said power plants are long-lead-time projects and can't move as quickly as many environmentalists may like.
Akins said that with coal mining occurring throughout a large part of AEP's footprint, coal will continue to be a part of the company's fuel mix for the foreseeable future. However, that doesn't mean AEP isn't making changes to be more environmentally friendly. He said his company has a long history of innovation and has some of the cleanest, highest efficiency coal plants in the country. AEP is also switching from coal to natural gas where it can, which also helps lower greenhouse gas emissions across the board.