GO
Loading...

Cramer’s 3 Earnings to Watch Wednesday

Tuesday, 2 Oct 2012 | 3:49 PM ET

Of the many companies scheduled to report quarterly earnings Wednesday, Jim Cramer plans to monitor just three companies' results.

CNBC

In the "Mad Money" host's opinion, the “agriculture trade is alive and well.” So he looks forward to an earnings announcement from Monsanto, the world's largest seed company.

“Funny thing about Monsanto. Even though it makes seeds, it trades as if it’s a biotech company,” Cramer said, noting that based on its price-to-earnings multiple, Monsanto is more expensive than Celgene or Gilead Sciences right now.

Cramer: What to Watch Next Week
Mad Money host Jim Cramer tells you what to look out for in the next week of trading.

“Monsanto’s an innovator and the company has patents on seeds that are worth fortunes,” Cramer continued. “But is it the big winner that everyone thinks it is?”

Meanwhile, Family Dollar Stores is also scheduled to deliver earnings Wednesday. This stock has lagged its dollar store peers, Cramer said, so FDO is the stock some analysts “love to hate.” He remains bullish on Family Dollar and dollar stores in general, though.

After the close, hotel operator Marriott International will announce its earnings results. The Bethesda, Md.-based company recently caught a downgrade from JPMorgan, which troubled Cramer.

“It was one of those downgrades I took note of because it was so close to the quarter that I figured the guy knows something we don’t,” Cramer said. “That, to me, says be careful here.”

Either way, when it comes to lodging, Cramer continues to prefer Wyndham Worldwide because he thinks it offers more value.

Read on for Cramer's Game Plan for the remainder of the week.

@MadMoneyOnCNBC on Twitter

"Mad Money" on Facebook

Call Cramer: 1-800-743-CNBC

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the "Mad Money" website? madcap@cnbc.com

  Price   Change %Change
MON
---
CELG
---
GILD
---
FDO
---
MAR
---
WYN
---

Contact Mad Money

  • Showtimes

    Monday - Friday 6p ET
  • Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

Mad Money Features

  • Grab the latest CNBC gear from the NBCUniversal Store!

  • Get a behind-the-scenes look at how Cramer formulates his investment advice. "Inside the Madness" is a column, which features e-mails and more with Cramer and his researcher Nicole Urken.

  • You’ve always wanted to hit the “Hallelujah!” button. Here’s your chance.