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Bernanke: Too Soon to Consider Tapering Bond Buying

Game Plan: Earnings Bonanza!

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Published: Monday, 15 Oct 2007 | 10:20 AM ET
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Cramer has sources that indicate Citigroup CEO Chuck Prince could be out of a job next week. “That gives you until Friday to buy Citigroup .”


Next week will also bring a cascade of earnings, with nearly half the Dow 30 and 85 S&P 500 components reporting. There are three companies in there that Cramer thinks are poised to benefit from the weak U.S dollar the way McDonald’s has on its substantial overseas business. Any of the three are worth owning into their earnings, he said.

Icahn-ic Investing
Mad Money host Jim Cramer and Carl Icahn talk takeovers.

First there’s Coca-Cola , which has more than half its business abroad. KO is a true rest-of-world play and Cramer said it could go to $60 after it reports.

United Technologies reports Wednesday before the bell. UTX, like Coke, should “handily beat its numbers” when it exchanges all its foreign money for weak dollars. People love a big industrial company with overseas exposure, and UTX is the one, Cramer said.

Wednesday will also bring Altria’s numbers. Cramer continues to regard MO as one of the cheapest stocks in the Dow and he believes next quarter will be the last before it breaks itself up. “I don’t think people realize how much value is locked up within this business,” Cramer said.


Jim's charitable trust owns Citigroup, McDonald's and Altria.

Questions for Cramer? madmoney@cnbc.com

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

 Print
The earnings extravaganza begins Monday and lasts all week. Here's what to buy. Also, Cramer expects Citi's Chuck Prince to be gone soon. Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
  Price   Change %Change
C ---
KO ---
MO ---
UTX ---
MCD ---

   
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