Cramer’s Earnings Game Plan for Next Week

What follows is "Mad Money" host Jim Cramer's "Game Plan" for the week of Monday, Oct. 29.

Cramer’s Earnings Game Plan for Next Week


To start, Burger King Worldwide is scheduled to report its quarterly earnings results ahead of Monday's opening bell. Cramer wants to know if the fast food restaurant operator is taking share from rival McDonald's.

"I don't care about the Burger King itself, but I know something's wrong at McDonald's because we've had multiple punk months," Cramer said. "That's why I'll be listening closely to this conference call."

Cirrus Logic is also slated to report Monday. The semiconductor maker is rumored to be a supplier to Apple, so Cramer looks forward to its results. After all, its forecast could provide clues as to what product Apple might release next, Cramer said.

(Read More: Apple Deserves $1,100 Price Tag: Pro.)


Bulls Want a Lift From Allergan
JB Reed | Bloomberg | Getty Images

On Tuesday, Cramer will look for earnings results from Allergan.

"Here's one of our absolute favorite drug companies because it spends more on research and development as a percentage of its sales than just about anyone else and has successfully extended the Botox franchise to a host of other uses," Cramer said. "The stock's been a poor performer this year … but I think Allergan's bladder and migraine drugs will have a huge 2013."

(Read More: Biggest Q3 Earnings Surprises.)

Cramer’s Earnings Game Plan for Next Week
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Meanwhile, Ford Motor is also expected to deliver its earnings results Tuesday. The automaker recently announced a second round of European job cuts and plant closures in a bid to halt regional losses that it now expects to surpass $3 billion over two years. To Cramer, Ford's actions were "necessary."

"For every step forward that Ford takes here, it takes one step backward in Europe and another half step backward because of Latin America," Cramer explained. "With the downside quantified from Europe now we wait to hear the downside from South America."

Nevertheless, Cramer thinks Ford's stock might finally have a chance to push higher.

Sirius XM Radio will also announce earnings Tuesday. Earlier, the company announced CEO Mel Karmazin will step down in February, a move that comes at a time when media mogul John Malone's Liberty Media is trying to wrest full control of the satellite radio broadcaster. Cramer hopes to get more information about Sirius' future.


Clorox headquarters in Oakland, CaliforniaClorox will deliver its quarterly numbers before Wednesday's opening bell. Cramer said its stock pushes higher going into the quarter, only to sell-off on disappointing slow growth results. He expects that pattern to continue this time around, too.

"Take profits and buy Clorox back if you aren't concerned about short-term tax considerations," Cramer said of Clorox's stock.

Exelon, the biggest nuclear power operator in the United States, is also scheduled to announce earnings Wednesday.

"Normally I wouldn't bother to listen closely to a utility. There's usually not much to learn," Cramer said. "But this huge one, the old Philly Elec and Commonwealth Eds combined, has an almost 6 percent yield."

Cramer wants to know why Exelon's stock has lagged its peers. Depending on what he hears from company executives, he might decide to get behind the stock.

General Motors will deliver earrings on Wednesday, too. To Cramer, the automaker's stock has pushed higher because Chinese consumers seem to be avoiding Japan-made cars, such as Toyota Motor. He wants to know if the Chinese are buying GM cares instead and to what degree.

Apparel maker Ralph Lauren will also announce earnings Wednesday. Cramer thinks the company is doing well, but fears it might have been hurt by Europe's sluggish economy, as competitor VF Corp recently indicated it was.

"There's massive put buying on this stock, so it better disappoint or you are going to see a scramble of epic proportions," Cramer said.


Cramer’s Earnings Game Plan for Next Week
Karen Bleier | AFP | Getty Images

Oil and gas giant Exxon Mobil is expected to report its earnings results Thursday. Cramer thinks its numbers will be "just fine."

(Related: What Sandy Means for Gas Futures.)

Cramer will also look for earnings results from engineered equipment maker Chart Industries on Thursday.

"This company is key to our nation's attempts to harness natural gas as a fuel for surface vehicles," Cramer said. "It's a huge conference call for that whole conversion."

Food giant Kellogg will also deliver earnings Thursday.

"I think you want to own this stock going into this number as the company's restructuring is really taking off and it's beginning to grow again," Cramer said, adding Kellogg boasts a safe, juicy dividend yield. "Kellogg is an anti-'fiscal cliff' stock if ever there were one."

(Related: Jamie Dimon: CEOs Cutting Back Due to 'Fiscal Cliff'.)

Cramer is looking forward to an earnings report from Chesapeake Energy on Thursday, too. In a recent interview, CEO Aubrey McClendon told Cramer the company has raised a lot of cash and can grow its production by roughly 20 percent. He hopes to learn more about its plans during its conference call.


Liquor maker Beam will report earnings before Friday's opening bell. When it comes to liquor stocks, Cramer currently prefers competitor Diageo, but noted that Beam does represent a decent value at current levels. On the call, though, he hopes the company will comment on the industry's growth.

"There's lots of talk of slowing sales," Cramer said. "If Beam says there's no slowdown, I would be inclined to pick up Diageo, not Beam, off the call."

Finally, Chevron is scheduled to post its quarterly results on Friday.

"Chevron is far too often undervalued given its much better growth profile than most of the other majors, including Exxon," Cramer said. "If it's down going into the quarter and oil's strong the day before, it might be a good deep in the money near month call option play."

When this story was published, Cramer's charitable trust owned Apple.

—Reuters contributed to this report

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