Cramer's 'Mad Money' Recap: Next Week's Game Plan
NEW YORK (TheStreet) -- After a terrific two-day rally on Wall Street, what should investors be looking forward to next week?
Jim Cramer told "Mad Money" viewers that he's hoping for more easing of interest rates from China and more clarity from Europe, along with a slew of earnings news.
On Monday, Cramer said he'll be watching Anadarko Petroleum(APC) , Cirrus Logic(CRUS) and Masco(MAS) . He said that Anadarko should signal that natural gas has bottomed while Cirrus Logic may signal what lies ahead for Apple(AAPL) , a stock he owns for his charitable trust, Action Alerts PLUS. He called Masco one of the few bright spots in the investing universe now that housing is strengthening.
Tuesday brings high-end luxury retailer Coach(COH) along with drug maker Pfizer(PFE) . Coach will likely be troubled, said Cramer, and he hopes that Pfizer announces moves to bring out value in that troubled stock.
Then on Wednesday it's Allergan(AGN) , Avon Products(AVP) and Time Warner(TWX) . Cramer was bullish on Time Warner and told investors to buy into Allergan ahead of earnings. As for Avon, Cramer said it's not enough that Andrea Jung resigned as CEO, she must also resign from Avon's board as well.
For Thursday, Jim Beam(BEAM) , Chart Industries(GTLS) and Clorox(CLX) will step up to the plate. Cramer was bullish on Beam and Chart Industries but said Clorox, another Action Alerts PLUS name, needs growth to stay in his good graces.
Finally, on Friday the troubled Procter & Gamble(PG) reports. Cramer said this company must show investors how it plans to regain market share and turn itself around.
All of these earnings won't matter much if there is negative news from the Federal Reserve on Wednesday, trouble at the European Central Bank on Thursday or the U.S. posts a worse-than-expected jobs number on Friday. He told investors to trim their high-flying stocks on Thursday just in case.