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Cramer's 3 Earnings to Watch Monday

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Published: Friday, 27 Jul 2012 | 7:49 PM ET
By: | Producer

To kick off yet another week of trading, "Mad Money" host Jim Cramer plans to monitor a slew of quarterly earnings reports Monday.

What's Cramer Watching for Next Week?
Mad Money host Jim Cramer discusses all the action investors should keep an eye on next week.

Anadarko Petroleum , Cirrus Logic and Masco are all scheduled to announce earnings after Monday's closing bell.

In Cramer's opinion, Anadarko is the "great independent oil growth story" that's been stalled as of late. If the company has good news, Cramer thinks buying shares of Apache might just be the best way to play it, as Apache reports Thursday. Either way, Cramer not only wants to hear about the Anadarko's prospects, but whether executives think oil prices could go up and natural gas has bottomed.

With Cirrus Logic rumored to be a supplier to Apple , Cramer looks forward to its results. After all, its forecast could provide clues as to when Apple is going to release its iPhone 5, Cramer said.

Meanwhile, building materials maker Masco will also report after Monday's close. On the belief that the U.S. housing market is turning around, Cramer thinks Masco's stock could soon push higher.

"Housing’s the brightest spot in the investment universe and Masco’s a cheap stock if the news turns out to be as positive as I expect it to be," Cramer said.

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

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Find out which earnings announcements are on his radar.

   
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