Cramer's 'Mad Money' Recap: Next Week's Game Plan
NEW YORK (TheStreet) -- Eight years ago today, Jim Cramer took to the airwaves of CNBC with a mission, to give regular investors unbiased investing advice.
Friday, eight years later, Cramer wasted no time on his "Mad Money" TV show to give those same investors his take on next week's trading.
Cramer said that next week will be controlled by the Federal Reserve meeting on Wednesday. If the bears are to be believed, he said, the Fed will stop its bond buying and begin selling, signaling the end of economic prosperity as we know it. But, as Cramer continues to preach, if the Fed says things are getting better then, well, investors should take that as things are getting better.
Beyond the Fed, Cramer said he'll be watching Dell (DELL) on Monday. He told viewers that Dell must be sold on Monday because the company's cash flow is slowing dramatically -- if not for a potential deal to take the company private, Dell would be trading at $8 a share.
"Dell is too dangerous," Cramer said, as is owning anything related to the PC.
Tuesday brings the February housing starts, a number that should be welcome news for housewares retailers Williams Sonoma (WSM) . Also on Tuesday, uniform giant Cintas (CTAS) . Cramer said bullish news from Cintas would be bullish news for employment.
Then on Wednesday, it's FedEx (FDX) and Jabil Circuit (JBL) reporting. Cramer said FedEx will provide a highly accurate look at the global economy, while Jabil is just plain cheap and should be bought.
Turning to Thursday, it's Lululemon (LULU) , an athletic apparel retailer that Cramer said should be approached with caution, and Nike (NKE) , another athletic giant that Cramer said he'd take a pass on. Cramer was bullish on Ross Stores (ROST) , however, saying that Ross is at the right spot to be bought.