Cramer's 'Mad Money' Recap: Next Week's Game Plan (Final)
NEW YORK (TheStreet) -- "There's more to this market that just oil prices," Jim Cramer told his "Mad Money" TV show viewers on Friday as he laid out his game plan for next week's action. He said that the company's reporting earnings next week will paint a detailed picture of the economy as a whole.
That's why on Monday, Cramer said he'll be watching Priceline.com (PCLN) and Southwest Energy (SWN) . He said that Priceline will tell us if momentum stocks are back in vogue, while Southwest can tell us whether natural gas prices can still go lower.
Then on Wednesday, Costco (COST) , Joy Global (JOY) and Staples (SPLS) will be reporting. Cramer said he's in listen-mode for these companies, and wants to hear how price inflation, weak coal demand and small business growth will be affecting these stocks.
Thursday brings the earnings of Kroger (KR) and Foot Locker (FL) . Cramer said that Kroger pales by comparison to Whole Foods Markets (WFM) , but Foot Locker will provide an update in the battle between Under Armour (UA) and Nike (NKE) .
On the IPO front, Cramer said investors should get in on the IPO of the business-rating site Yelp, but should not trade it in the open market. If the deal pops, he said, investors must "take the money and run."
Waiting to Happen
With President Obama talking up natural gas in recent days, Cramer once again spoke with David Demers, president and CEO of Westport Innovations (WPRT) , the country's leading natural gas engine maker. Westport's stock has seen a 20% gain so far this year and is up a stunning 263% since Cramer first got behind the alternative fuel play in Jan 2010.