Jim Cramer was stunned by the lack of homework done by investors on Friday, and he hopes that doesn't extend into next week.
Shares of Honeywell dropped sharply after the company indicated that earnings could come in at the low end of its range. Investors forgot that industrials don't trade on earnings, but on organic growth. When taking that into consideration, the company actually guided up on that key metric.
"Just because we have a good run, that doesn't mean we stop doing homework. Don't be a misinformed miscreant. I'm begging you, take a few moments to do some thinking before you take action," the "Mad Money" host said.
With this in mind, Cramer outlined the game plan of stocks and events on his radar next week:
Homebuilder Lennar is down more than 11 percent for the year. After a weak housing starts number on Friday, Cramer is concerned about housing because of the sudden jump in interest rates. He expects to hear a case from the CEO on how the stock will be a winner under the Trump administration, so he's willing to keep an open mind.