What Jim's Watching Next Week
Published: Friday, 3 Feb 2012 | 6:50 PM ET Text Size By: Michelle Fox
Monday, February 6
When Yum! Brands [YUM 63.84 0.06 (+0.09%) ] reports after the bell, Cramer wants to hear that business in China is still “growing like a weed.” He expects good earnings, but he thinks some people will be disappointed if Yum doesn’t split itself up.
Tuesday, February 7
Cramer is holding his judgment on Coca-Cola [KO 68.08 0.25 (+0.37%) ], which announces its earnings before the open. After Friday’s employment report, he thinks some people may wonder if the economy is now growing too fast and should therefore take profits and swap into something more cyclical.
After the bell, Buffalo Wild Wings [BWLD 70.30 1.52 (+2.21%) ] reports its quarterly results. CEO Sally Smith told Squawk on the Street Friday that business is booming. Cramer thinks the stock remains cheap in comparison to his other favorite restaurants, Chipotle [CMG 372.19 9.37 (+2.58%) ] and Panera [PNRA 154.96 4.63 (+3.08%) ], which also reports Tuesday after the close. He expects Panera to talk about an acceleration of same-store sales during its conference call.
Cramer will also have his eye on Disney [DIS 40.00 1.09 (+2.8%) ] when it announces its earnings after the closing bell. While many feel Disney has peaked, he believes it is a core family holding. For those who are worried, he suggests waiting to see how the earnings are before buying or selling.
Wednesday, February 8
Cramer thinks Ralph Lauren [RL 155.97 2.97 (+1.94%) ] will “do just fine” when it announces its quarterly results ahead of the bell. In fact, he thinks the surprise will be to the upside thanks to cotton costs being down.
After the bell, Cisco [CSCO 20.09 0.29 (+1.46%) ] reports its earnings and Cramer is betting it will be another good quarter.
Also after the close, Whole Foods [WFM 76.25 0.65 (+0.86%) ] will release its quarterly results. Executives of Hain Celestial [HAIN 41.28 0.37 (+0.9%) ], Chipotle and Allergan [AGN 86.08 1.24 (+1.46%) ] all spoke with Cramer recently and based on what he’s hearing—that the natural goods category is growing, people want food with integrity and there’s no slowdown in trying to look better—he thinks there will be an upside surprise for WFM.
Thursday, February 9
There’s a bull market in coffee and Cramer thinks Dunkin Brands [DNKN 28.76 0.89 (+3.19%) ] will be no exception. He expects the company to deliver excellent results when it reports ahead of the open Thursday.
Oil equipment company Lufkin [LUFK 77.93 1.82 (+2.39%) ] also releases its quarterly results before the bell. Cramer said LUFK has been a serial disappointer yet its stock has “roared.” He would take profits Monday morning before the company "has a chance to hurt you."
Cramer thinks Noble Energy [NBL 102.96 0.69 (+0.67%) ], on the other hand, will be “spectacular” when it reports before the bell.
Friday, February 10
Arch Coal [ACI 15.70 0.21 (+1.36%) ] reports before the open. Cramer said he’s stay away since there’s a bear market in coal.
He’ll also be watching when NYSE Euronext [NYX 27.49 0.55 (+2.04%) ] announces earnings ahead of the bell. He wants to know its plans now that the merger with Deutsche Boerse DB1 had been blocked.
Finally, there’s one IPO Cramer thinks is worth focusing on—Caesar’s Entertainment. There is little stock being offered, so he thinks the deal may work. However, he prefers other casino companies to Caesar’s. Therefore he suggests “putting in for the deal, taking some down, and then, no matter where it opens, we're taking the money and running.”
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