Cramer Trades IBM Ahead of Earnings
Earnings season will pick up a pace on Monday, but Cramer plans monitor one company's quarterly numbers in particular after the closing bell: IBM.
"Big Blue" will deliver its earnings results Monday evening. The technology stock remains cheap on targets the company set for itself, the "Mad Money" host said. He is so confidant the company will meet its targets, he recommends buying shares Monday.
If IBM does report strong earnings and yet the stock gets hit because of Europe's debt troubles or otherwise, Cramer would still buy more shares. He doesn't think the market will take the quarter in the proper way, even though it's likely to show strong results.
Read on to get Cramer's full earnings preview for this week.
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