Cramer's 'Mad Money' Recap: Game Plan for Next Week
NEW YORK (TheStreet) -- The game plan remains the same, Jim Cramer told his "Mad Money" TV show viewers on Friday. He said that U.S. markets are still dependent on what happens in Europe, which means that caution is in the air. Cramer then outlined the highlights for next week's trading.
On Monday, Cramer said he'll be watching Lowes (LOW) , although he still prefers Home Depot (HD) . He was also skeptical on Campbell's Soup (CPB) and recommended "listen only" mode for Tech Data (TECD) .
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Tuesday brings earnings from AutoZone (AZO) , Best Buy (BBY) , Ralph Lauren (RL) and Dell (DELL) . Cramer remained a fan of AutoZone's stock buyback program, but was a seller of Best Buy and Dell, a stock he called "too risky." Ralph Lauren remains a battleground stock.
Next on Wednesday, it's Toll Brothers (TOL) , Hewlett-Packard (HPQ) , Pandora (P) and Phillips Van-Heusen (PVH) taking the stage. Cramer remained bearish on Pandora and Hewlett, but was bullish on Toll Brothers, which has no exposure to Europe, and Van-Heusen, a well-run retailer.
Finally on Thursday, Costco (COST) and Tiffany (TIF) report their earnings. Cramer said that Tiffany remains in the penalty box after last quarter's debacle, but Costco remains a favorite.
Tips and Strategies
"What's happening with your stocks doesn't always reflect what's going on with the underlying business," Jim Cramer reminded his "Mad Money" TV show viewers, as he outlined some new tips and strategies to help individual investors manage their portfolios and get back to even.Cramer explained that it's all too easy to assume that a company and its stock are synonymous. After all, much of "Mad Money" is spent analyzing companies with good growth prospects and hefty dividends in the hopes that they will reward shareholders for years to come. But in today's complicated markets, Cramer reminded viewers that stocks, and markets, can move for many reasons, most of which have nothing to do with the underlying fundamentals.