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Cramer’s Earnings Game Plan for the Week Ahead

Friday, 11 Jan 2013 | 7:45 PM ET
Next Week's Earnings: Bank of America, General Electric & More
Mad Money host Jim Cramer breaks down which companies are reporting earnings next week, and how to prepare your portfolio.

What follows is "Mad Money" host Jim Cramer's "Game Plan" for the week of Monday, Jan. 14.



MONDAY, JAN 14

To start, PPG Industries will report earnings before the opening bell. The company recently separated its commodity chemicals business and merged it with Georgia Gulf in a tax-efficient transaction that Cramer thinks is "terrific news" for all parties. He likes PPG on any pullback.

TUESDAY, JAN. 15

Homebuilder Lennar will deliver earnings before the open. Cramer thinks the U.S. housing marketing is turning around, so he recommends investors use any weakness to buy stocks that he thinks are part of a "long-term tidal wave going higher." While Cramer prefers rival Toll Brothers, he likes Lennar, too.

"[Lennar] has been a fabulous performer of late. That means it's prone to selling off, as will the whole group," Cramer said. "I think this might be your chance and I want you to be ready … pending listening to the conference call and checking the notes, doing the due diligence, we might leap at that opportunity [to buy Lennar]."

WEDNESDAY, JAN. 16

Cramer is looking forward to JPMorgan Chase's earnings conference call before Wednesday's open. After all, he thinks it's a solid read on the global economy.

"You want a read on the state of the borrower, both corporate and consumer, you listen to JPMorgan," Cramer said. "It's informative, lively and straightforward."

While Cramer expects JPMorgan to report sound results, he doesn't recommend buying its stock ahead of the quarter.

After the closing bell, Cramer will look for eBay's earnings results. While Cramer has long liked the Internet retailer's stock, his charitable trust recently sold it after a big run, but the stock kept pushing higher.

"This stock, though, did get hammered the last time it reported because the market failed to recognize the inherent value of Paypal, the online credit card company buried within eBay," Cramer said. "Be ready to buy if the same thing happens again."

Kinder Morgan Energy Partners is also scheduled to announce earnings Wednesday. Master limited partnerships remain under a cloud of low natural gas and crude oil prices, as well as the possibility that policymakers may try to secure new tax revenues by raising rates on MLPs. Nevertheless, Cramer might consider Kinder Morgan's stock should its yield rise above 6 percent.

THURSDAY, JAN. 17

Cramer will watch for Bank of America to report earnings on Thursday morning. Some on Wall Street think this could be a breakout quarter for the New York-based bank, Cramer said. He thinks it's a long-term positive story that should only be bought on weakness, including any declines ahead of earnings.

Speaking of banking, Citigroup is also expected to post earnings on Thursday. It will be the first earnings conference call held by new CEO Michael Corbatt. Cramer is interested to hear his strategy for the future.

After Thursday's closing bell, Cramer will listen for Capital One's earnings results. He thinks the regional bank could report one of the best quarters of any financial. It boasts a strong credit card franchise, as well as the recent acquisition of banking assets from Dutch banking giant ING, Cramer said.

Intel will also provide its earnings data on Thursday. Although Intel boasts a juicy dividend yield, the technology company struggles with weak personal computer sales.

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FRIDAY, JAN. 18

General Electric will announce earnings before Friday's open. At an analyst meeting last month, corporate leaders set the bar low, which means the company has a chance to beat expectations.

Johnson Controls is also scheduled to report earnings Friday. While the company delivered better-than-expected numbers the last time around, Cramer still thinks the it could unlock a lot of value by splitting up.

Finally, Schlumberger is scheduled to deliver earnings Friday. The company has already preannounced a shortfall, so expectations have been adjusted, Cramer said. He thinks the stock will likely push higher, which is why it's currently owned by his charitable trust.

Call Cramer: 1-800-743-CNBC

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the "Mad Money" website? madcap@cnbc.com

When this story was published, General Electric owned a minority stake in NBCUniversal, which is the parent company of CNBC and Cramer's charitable trust owned GE, Schlumberger and Wells Fargo.

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