GO
Loading...

Cramer: Important Earnings to Watch Next Week

Heading into the thick of earnings season, Cramer on Friday recommended home gamers avoid making trades.

"The height of earnings season is a horrible time to be trader, which is why I'm telling you what I always do during the three weeks of every quarter when the cacophony of quarterly reports are at their most confusing: stop, look and listen, but do not trade," Cramer said.

While the "Mad Money" host doesn't advise trading earnings, he plans on monitoring them. What follows is his earnings "Game Plan" for the week of Monday, May 2.

MONDAY, MAY 2

Cramer said he will listen to Anadarko Petroleum's earnings call, which is scheduled to take place after Monday's closing bell. Oil and gas names that have reported growth have seen their stocks soar, he said. Being as Anadarko has recently made some major finds, like four billion barrels of reserve potential it recently discovered in Ghana, Cramer thinks APC will also talk about seeing growth.

Speaking of oil and gas, Cramer fave Chesapeake Energy is also set to report earnings on Monday. Cramer is looking for an update on the company's pledge to produce more oil and less natural gas.

Automatic Data Processing will deliver earnings after Monday's close, too. Being as the Roseland, N.J.-based company provides payroll services, Cramer considers its earnings a good read on U.S. employment.

Being as it uses a direct seller business model, Cramer said Herbalife is a play on high unemployment. Those looking for work may seek to augment their income by selling Herbalife products, he explained. The Grand Cayman, Cayman Islands-based company will release its earnings results after the market closes on Monday.

TUESDAY, MAY 3

Before Tuesday's opening bell, Avon Products will give its quarterly results. Like Herbalife, Avon is a direct seller. To Cramer, this quarter is "make or break" for CEO Andrea Jung, who he called a "serial disappointer."

Cramer plans to also monitor Clorox's earnings call on Tuesday morning. Its stock popped in mid-February after billionaire investor Carl Icahn disclosed a 9.08 percent stake in the consumer products giant. The earnings will reveal whether the stock was worthy of that pop, Cramer said.

Las Vegas Sands will report earnings after Tuesday's closing bell. It's possible higher gas prices has led to reduced traffic to Las Vegas, Cramer said. He's curious if the casino and resort operator's robust earnings from its Macau properties has offset any potential Vegas losses.

WEDNESDAY, MAY 4

MGM Resorts International , the Las Vegas-based casino and resort operator, will deliver earnings Wednesday.

Cramer fave Allergan is expected to deliver earnings Wednesday morning. He wants to know how the drug manufacturer's migraine medicine is selling.

After Wednesday's closing bell, Whole Foods Market is scheduled to report its results. There are rumblings the grocer's business is slowing down, Cramer said. He wonders if competition from Trader Joe's is finally starting to cut into Whole Foods' sales. Cramer recommends taking a little WFMI off the table.

THURSDAY, MAY 5

Perhaps the most important earnings call of the week will be from General Motors on Thursday morning, Cramer said. After all, the automaker disappointed with its last earnings. Cramer wants to know if management just blew the last call. He thinks it's a great turnaround story, but only as a speculative play.

Infrastructure giant Fluor will report after Thursday's close. Cramer said the company is erratic, but nonetheless, he thinks it has great long-term prospects.

Limelight Networks is scheduled to also report Thursday evening. Cramer would not buy this stock until the company sheds light on a supposed slow down in the business of steaming video more quickly over the Web. Akamai Technologies , another big player in this space, recently gave a disappointing number.

FRIDAY, MAY 6

Finally, Weight WatchersInternational will deliver its quarterly results before the market opens on Friday. The company reported better-than-expected guidance during its last earnings call, sending the stock up by 46 percent. Cramer thinks Weight Watchers could have more good news this time around.

When this story was published, Cramer's charitable trust owned General Motors.

Call Cramer: 1-800-743-CNBC

Questions for Cramer? madmoney@cnbc.com

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

Contact Mad Money

  • Showtimes

    U.S.
    Monday - Friday 6p ET
    Australia
    Saturday 8a, 1p, 7p SYD
    Sunday 12a, 1a, 8a, 7p SYD
    New Zealand
    Saturday 10a, 3p, 9p NZ
    Sunday 2a, 3a, 10a, 9p NZ
  • Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

Mad Money Features

  • Grab the latest CNBC gear from the NBCUniversal Store!

  • Get a behind-the-scenes look at how Cramer formulates his investment advice. "Inside the Madness" is a column, which features e-mails and more with Cramer and his researcher Nicole Urken.

  • You’ve always wanted to hit the “Hallelujah!” button. Here’s your chance.

Mad Money Moments

Cramer's New Book