For Cramer, the day begins with an earnings announcement from Procter & Gamble. The world's largest household products company, known for brands such as Gillette and Pampers, will release its results at 7 a.m. ET, followed by an earnings conference call at 8:30 a.m. ET. Cramer expects the Cincinnati-based company will report strong earnings and an improved top line. He suspects executives will say raw costs have peaked, too.
Nevertheless, Cramer likes the company's plans to raise its quarterly dividend by 7 percent, after raising it 9 percent a year ago.
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Meanwhile, V.F. Corp will also host its earnings conference at 8:30 a.m. ET. From its headquarters in Greensboro, N.C., the apparel maker is the parent of several popular brands, including North Face, Nautica, Timberland and Wrangler. Cramer expects the company will report strength in its product lines. He likes the stock, but recommends investors only consider buying shares on a pullback.
Finally, Cramer will listen to International Paper's earnings conference call at 9 a.m. ET. Earlier this year, the packing producer completed its acquisition of rival Temple-Inland for $32 per share in cash. Cramer expects the Memphis, Tenn.-based company to say the deal proved profitable.
—Read on for Cramer: The Best Run U.S. Companies
—Reuters contributed to this report
When this story was published, Cramer's charitable trust owned International Paper.
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