It's almost time for turkey and pumpkin pie, almost but not quite. Not until we get through a handful of earnings.
What follows is "Mad Money" host Jim Cramer's "Game Plan" for the week of Monday, Nov. 19th
MONDAY NOV. 19TH
Before the bell on Monday the Mad Money host will be listening closely to commentary fromLowe's.
"Home Depot reported a terrific number and then promptly fell. Now its rival will report, do we expect the same? Frankly, Lowe's isn't anywhere near as good as Home Depot. The only opportunity I see here is if the earnings are so bad that they knock down Home Depot, too. If that happens, then HD is the buy."
After the bell, the Mad Money host will be knee deep in burgers, fries and more as Jack in the Box reports.
"We've been big believers in this turnaround as they remodel the stores, and we like the Qdoba business. That said, we are more interested in listening to what Jack in the Box has to say than in taking action because the weakness of McDonald's has put a cloud over the whole group. Qdoba is the analogue to Chipotle —look for pin action either way," Cramer said.
TUESDAY NOV. 20TH
Before the bell, the brick and mortar retail strategy for electronics will land front and center as Best Buy reports earnings.
"We heard fromSears that the consumer hard goods business remains totally cutthroat. We know that the company's in the crosshairs of Amazon. I'm looking for a downbeat quarter," said Cramer.
Also 'anticipation' will be the word of the day – with Heinz delivering numbers, too.
"This is the type of company that I have said is bottoming right here," said Cramer. "It's well run, international and benefits from lower commodity prices."
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After the close technology takes center stage with Salesforce.com.
"Throughout this difficult period there have been three tech themes—the PC is dead, the cellphone is alive but cutthroat, and the cloud is robust. Salesforce.com is in the heart of the cloud and I think it will be good, but will it be good enough? Nothing is good enough in this tape," Cramer said.
If you're interested in this name, Cramer suggests following the earnings and after the fiscal cliff is resolved, circling back.
WEDNESDAY NOV. 20TH
The day before Thanksgiving, the Mad Money host will be all about heavy equipment.
No he's not cooking - Deere reports on Wednesday morning.
"If you own Deere, please please be careful," he said. "This is a stock that gets hit almost every conference call because the company is so cautious and negative."
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