What Jim Cramer Is Watching Next Week
“Mad Money” host Jim Cramer’s “Game Plan” for the week of Monday, March 5, is as follows.
MONDAY, MARCH 5
Arcos Dorados — which is Spanish for “golden arches” — reports quarterly earnings on Monday. The McDonald’s franchisee owns 1,755 restaurants, representing 6.7 percent of the fast-food giant’s total global locations. Cramer doesn’t actually want to own Arcos Dorados — which has great growth but is expensive — but he said that if the franchisee reported strong numbers, McDonald’s could be ready for its next move higher.
ConocoPhillips holds an investor update Monday. The oil giant is planning to split into two separate companies, and Cramer isn’t looking to sell this holding from his charitable trust.
TUESDAY, MARCH 6
Dick’s Sporting Goods reports Tuesday. The retailer could provide a tell for the entire industry, particularly strong names such as Underarmour and Nike, which Cramer think will be even more attractive after Dick’s results.
Vail Resorts will signal the effects of gas prices on the economy — and consumer confidence, Cramer said.
WEDNESDAY, MARCH 7
Brown-Forman reports Wednesday. Liquor has been one of the strong sectors in this economy, and not just because pop singer Kesha touts it as her substitute for Listerine. Cramer thinks the entire sector will get a buzz — especially BEAM and Diageo — when Brown-Forman releases its results. Bottoms up!
Ciena quarterly results might continue the “crummy” trend in the optical telco equipment supplier industries, Cramer said. Calling the sector one of the worst and lacking momentum, the “Mad Money” host said, “Keep waiting.”
Honeywell holds its investor conference Wednesday. Cramer thinks it will reiterate targets and provide a sense that commercial construction is rebounding, which should push the stock about $60.
THURSDAY, MARCH 8
Ulta Salon, which Cramer called “a total home run,” reports Thursday. “We think that it’s got a lot of room left in it,” he added.
Heckmann(HEK) reports earnings amid a backdrop of plummeting natural gas prices. “This is going to be a long slog,” Cramer said, but in the United States’ drive to become energy self-sufficient, this stock is a winner.
Exxon Mobil holds its analyst meeting Thursday. Cramer thinks that the meeting will disappoint, especially since the company hasn’t done much to promote natural gas. EOG and Devon were better values.
FRIDAY, MARCH 9
Employment: Cramer expects to be pleasantly surprised by the Labor Department job numbers, which will be released Friday. If employment numbers look strong, the market could continue to climb despite high oil prices.
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