What Cramer's Expects of Priceline, Southwestern Energy's Earnings
To kick off yet another week of trading, Cramer plans to monitor two companies' earnings results, namely Priceline.com and Southwestern Energy.
The "Mad Money" host thinks Priceline will provide a checkup on momentum investing when it reports after the closing bell. The results could reflect the effect of rising gas prices on the travel industry, especially among consumers with less discretionary income and European tourists looking for bargains. Excellent execution, Cramer says, has already been rewarded in such companies as Salesforce.com, and names like Mastercard and Intuitive Surgical continue to hit new highs.
Meanwhile, Southwestern's results might provide insight on how low natural gas can go, Cramer says. An industry leader in the space, Southwestern might highlight its plans on drilling or the outlook on using it as a surface fuel. Already this week, EOG ResourcesCEO Mark Papa spoke about how natural gas could potentially get even cheaper.
Read on for Cramer's full "Game Plan" for the rest of the week.
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