Cramer: 10 Things to Watch Next Week
What follows is Cramer's "Game Plan" for the week of Monday, March 14.
MONDAY, MARCH 14
The week begins on Monday with three important analyst meetings, Cramer said. The "Mad Money" host is looking forward to hearing from Hewlett-Packard , which he hopes will address a possible over-supply in tablet devices. There seems to be a tablet glut, Cramer said, because many people prefer Apple's iPad. Cramer also expects the technology company to comment on whether it's losing share to Cisco Systems.
When Chevron holds its analyst meeting on Monday, it will be the first major oil company to publicly address on oil trading at $100 a barrel. Cramer expects the San Ramon, Calif.-based company to comment on where it thinks oil could go in the future. It could also release its multi-year plan and if it does, Cramer wants to know if it involves natural gas.
Xilinix , a San Jose, Calif.-based semiconductor, also has an analyst meeting on Monday. Rival Finisar recently reported a slowdown in the optical subsystem and component space. Cramer will look to Xilinix to see whether the slowdown is real.
TUESDAY, MARCH 15
JPMorgan recently killed the tablet story when it reported an over-supply of devices. Finisar recently crushed the optical story when it reported a slowdown. In turn, mobile Internet tsunami stocks have continued to trade lower. So cloud computing is the only bull market left in the tech space, Cramer said.
To learn more about how the cloud is doing, Cramer is looking forward to "The Future of Cloud Computing," a symposium hosted by William Blair & Company in San Francisco on Tuesday. The conference is for clients or by invitation only, but Cramer expects press coverage will have an impact on tech stocks.
WEDNESDAY, MARCH 16
Superior Industries is scheduled to report its quarterly results on Wednesday. An auto parts maker, Cramer said it's recently been hit by higher oil prices. He wants to know whether the higher prices are having an actual impact on the company, though.
THURSDAY, MARCH 17
Lululemon Athletica will release its earnings results before Thursday's opening bell. There has been heavy short interest in this stock, but Cramer expects its earnings will have short-sellers panicking. After all, Lululemon is not just an apparel maker. It's a yoga-inspired lifestyle brand, he said.
FedEx will also report before the market opens on Thursday. Cramer is interested for its comments on whether $100+ oil has slowed commerce. This company tends to have a good read on the world economy, so he plans to pay close attention to its results.
After the close, Nike will report its earnings. The "shoe bull market" is alive and well, Cramer said. He wants to hear about future orders, which are the results from a program that allows retailers to order merchandise up to six months in advance. For those interested in playing Nike, Cramer recommends deep-in-the-money call options going out a couple months.
3M has an analyst meeting scheduled for Thursday, too. This St. Paul, Minn.-based company has a pulse on the economy that can't be matched, Cramer said. He expects the diversified machinery name will comment on Chinese demand, as well as growth in tech and health products.
FRIDAY, MARCH 18
Friday is options expiration, so Cramer expects there to be wild swings in the market. With that in mind, he recommends taking any volatility with a grain of salt.
When this story was published, Cramer's charitable trust owned Apple.
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