With earnings season well underway, "Mad Money" host Jim Cramer is watching quarterly results from three companies on Thursday.
Allergan will post its earnings results before the bell. It tends to report great earnings results and then sell off, Cramer said. So investors should be ready to buy shares.
Engine maker Cummins will also report earnings before the open. Its stock is already high, so Cramer thinks it will get hit on the report regardless of what’s said on the conference call. He suggests taking profits now.
Dow Chemical is also slated to report before Thursday morning. The chemical companies have been doing well lately because of the decline in natural gas prices, which is their core feedstock, Cramer said. In turn, he thinks Dow will report a strong bottom line. Its top line, however, could be hurt because of weakness in Europe. It the stock gets hit on any extraneous market news, he’d buy shares.
Call Cramer: 1-800-743-CNBC
When this story was published, Cramer's charitable trust owned Cummins.
Questions for Cramer? madmoney@cnbc.com
Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com
