"This is a market where good news matters," Jim Cramer told viewers of his "Mad Money" TV show on Speculation Friday.
As part of his game plan, Cramer said investors should consider buying two kinds of stocks next week: those he believes will report "BTE," or better-than-expected quarters, and those that are part of "the anger trade."
Cramer told potential investors that he would buy Coca-Cola (KO) ahead of its earnings release on Tuesday because he believes the weak dollar will cause Coca-Cola to report a better-than-expected quarter.
In addition, Cramer said he believes that Intel (INTC) will also report a better-than-expected quarter on Tuesday, and told viewers that he thought it could go up "a quick point" on the news.
Viewers might want to buy United Technologies (UTX) before it reports on Wednesday, Cramer said, because he believes its infrastructure and aerospace divisions will cause United Technologies to have a better-than-expected quarter.
Continuing with his game plan, Cramer recommended Freeport McMoRan Copper & Gold (FCX) , which he owns for his charitable trust, Action Alerts PLUS, as another stock that he believes will beat earnings estimates next week.
Honeywell (HON) should report better-than-expected earnings on Wednesday, Cramer predicted. Cramer also said he expects Johnson Controls (JCI) to beat its earnings estimates on Thursday, and that he would be surprised "if it doesn't rally 10 points."
On Friday, Cramer said, he expects Caterpillar (CAT) and Schlumberger (SLB) will both report better-than-expected quarters. "I'd buy all these names before they report and enjoy the good news," he concluded.
Cramer then explained his anger bet, which he said involves the banks. Next week, when Merrill Lynch (MER) , Wells Fargo (WFC) , JPMorgan Chase (JPM) , Bank of America (BAC) and Citigroup (C) report, Cramer told viewers, he believes those companies will increase their stock buybacks and raise dividends, because "these banks are on a mission to show that there is no slowdown." Cramer said he would buy any of these five banks and that he has been purchasing Citigroup for his charitable trust.
As part of his game plan, Cramer said investors should consider buying two kinds of stocks next week: those he believes will report "BTE," or better-than-expected quarters, and those that are part of "the anger trade."
Cramer told potential investors that he would buy Coca-Cola (KO) ahead of its earnings release on Tuesday because he believes the weak dollar will cause Coca-Cola to report a better-than-expected quarter.
In addition, Cramer said he believes that Intel (INTC) will also report a better-than-expected quarter on Tuesday, and told viewers that he thought it could go up "a quick point" on the news.
Viewers might want to buy United Technologies (UTX) before it reports on Wednesday, Cramer said, because he believes its infrastructure and aerospace divisions will cause United Technologies to have a better-than-expected quarter.
Continuing with his game plan, Cramer recommended Freeport McMoRan Copper & Gold (FCX) , which he owns for his charitable trust, Action Alerts PLUS, as another stock that he believes will beat earnings estimates next week.
Honeywell (HON) should report better-than-expected earnings on Wednesday, Cramer predicted. Cramer also said he expects Johnson Controls (JCI) to beat its earnings estimates on Thursday, and that he would be surprised "if it doesn't rally 10 points."
On Friday, Cramer said, he expects Caterpillar (CAT) and Schlumberger (SLB) will both report better-than-expected quarters. "I'd buy all these names before they report and enjoy the good news," he concluded.
Cramer then explained his anger bet, which he said involves the banks. Next week, when Merrill Lynch (MER) , Wells Fargo (WFC) , JPMorgan Chase (JPM) , Bank of America (BAC) and Citigroup (C) report, Cramer told viewers, he believes those companies will increase their stock buybacks and raise dividends, because "these banks are on a mission to show that there is no slowdown." Cramer said he would buy any of these five banks and that he has been purchasing Citigroup for his charitable trust.
...however when his call works it's " I made you money by this great call":eek: ......Let ME make you really rich...however if I don't then its the company's fault...not mine!!!!! Give me a break!!! I don't watch his show...never have, the yelling is unsettling.