How Cramer's Attacking Next Week
Cramer on Friday's "Mad Money" detailed his "Game Plan" for the week ahead:
Hewlett-Packard will report its quarterly earnings results after the closing bell on Monday. Cramer thinks it will be the most important earnings call of the week because, if tech is going to rally into the end of the month, HPQ will have to put up some good numbers. He's interested in how their outlook might differ from the bleak predictions Cisco predicted when it reported earnings earlier this month.
J. Crew Group will report earnings results on Tuesday. The retailer was downbeat about the future when it last reported earnings and Cramer wants to know if they've changed tune. Should the stock fall, he thinks JCG is a buy. Short-term concerns aside, he said it's still "the best-managed apparel company in the world" thanks to CEO Mickey Drexler.
Cracker Barrel also reports Tuesday morning. This company, Cramer said, is one of his favorite stories because it has one of the two best buybacks today. The other being with Cypress Semiconductor . CBRL has taken the share count from 31 million to 23 million in three years.
On Wednesday, Deere reports before the opening bell. In the agriculture bull market, Cramer thinks Deere is the best play out there. He said its management, however, tends to lead "the most abysmal conference calls" of any major company he follows. The company could report a great quarter, he said, yet the call could be "a disaster." Use that to your advantage and buy on a pullback.
Finally, Federal Reserve Open Markets Committee on Wednesday will release the minutes of its Nov. 3 meeting. Should the bears knock stocks down, Cramer thinks it could be a good day to buy.
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