Cramer's 'Mad Money' Recap: Next Week's Game Plan
NEW YORK (TheStreet) -- It's a treacherous time to trade on earnings, Jim Cramer warned "Mad Money" viewers Friday, but it's a great time to listen to what companies have to say.Cramer said that's why his game plan for next week's trading includes a lot of listening but not a lot of trading.
On Monday, Cramer said he'll have his eye on the JPMorgan Chase (JPM) health-care conference, where both Celgene (CELG) and Biogen Idec (BIIB) are expected to present. Cramer said he expects to hear great things from both of these companies.
For Wednesday, it's the Walgreen (WAG) analyst day taking center stage and Cramer said he'll be waiting to hear about the company's international plans, which he expects to be good news for the stock.
Turning to Thursday, the Herbalife (HLF) analyst day will give the company a chance to respond to a rash of short selling, said Cramer, but he's continuing to stay far away from this heated battleground stock. Also on Thursday, Chevron (CVX) reports. Cramer said this would be a good name to pickup on weakness.
Finally on Friday, Wells Fargo (WFC) , a stock Cramer owns for his charitable trust, Action Alerts PLUS, will report. Cramer said this bank is taking huge market share in mortgages and he'd buy more if the stock gets hammered.
Break Up Johnson Controls
Some companies are worth more in pieces than they are as a whole, Cramer reminded viewers. He said Johnson Controls (JCI) , which was down 1.8% in a roller-coaster 2012, would be an excellent candidate for splitting itself into three separate companies.