The 2 Earnings Cramer Will Watch Friday

Some of Cramer's "absolute favorite" companies will report Friday. Here's what the "Mad Money" host will look for and how he recommends trading its stock.

Before the bell, Schlumberger will deliver its results. Cramer plans to listen to this oil and gas company's call because he thinks CEO Andrew Gould tends to give a great state of the industry. Everyone from the analysts to major oil company executives will be listening to this call, he said.

Caterpillar will also report on Friday morning. Its results will give us a gauge on the world's economy, Cramer said. He thinks this stock is worth looking at because Caterpillar is the best play on the need for more infrastruture and for minerals and mining. This is the first quarter that Caterpillar owned Bucyrus, a mining business. He hopes the company reports a strong number, so the stock can ascend to new highs.

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

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