Cramer’s Earnings Preview for Tuesday

With earnings season in full swing, here's a look at the quarterly reports "Mad Money" host Jim Cramer plans to watch for on Tuesday.

To start, Coca-Cola is scheduled to deliver earnings before Tuesday's opening bell.

"KO shot the lights out last quarter and I bet it's even better this time because the dollar has gotten weaker versus where it was the last time they reported, " Cramer said. "That's going to make for a potential upside surprise for this huge international company."

Coke has produced "incredibly strong" sales numbers in Asia lately, Cramer said. It's a very well-run company, too. He thinks its stock is worth considering.

Goldman Sachs is also slated to report earnings before Tuesday's open.

"Has the government curtailed the opportunities Goldman used to have to make lots of money?" Cramer asked. "Has the bountiful corporate bond issuance business made up for the dearth of IPOs and mergers and acquisitions?"

Cramer hopes the investment bank will give a sense as to whether business is really coming back.

(Related: US Needs Big Banks to Survive: Bove )

Meanwhile, Cramer will also listen for earnings results from Johnson & Johnson.

Cramer noted Alex Gorsky, the company's new CEO, has been at the helm for some time. So he hopes to hear about a possible break-up. If Gorsky does mention something along those lines, Cramer thinks the stock could instantly shoot $15 higher.

After the close, Cramer will look for IBM's earnings report.

"Consistent grower. Taking share. Buying back stock with a new hardware product cycle – very few stocks give you what IBM has, " Cramer said. "And my charitable trust is betting that IBM delivers once again despite the slowdown in Europe."

Read on for Cramer's Game Plan for the rest of the week

When this story was published, Cramer's charitable trust owned Coca-Cola and IBM.

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