PNRA "JimmyBob" Cramer agrees , its a fade , going to crowded
Jim Cramer expects another big week for earnings. MONDAY: Eaton (ETN) Cramer is sticking with it - 4% yield; Halliburton (HAL) he bets the market is being too bearish on the stock.
TUESDAY: Cramer was bullish on Biogen Idec (BIIB), Domino's (DPZ) and Apple (AAPL) -- saying of Apple to "own it, don't trade it."
However, Cramer expects Panera Bread (PNRA) and Buffalo Wild Wings (BWLD) to sell off like Chipotle Mexican Grill (CMG) and other growth names. He is hoping DuPont (DD) follows in PPG's (PPG) footsteps and announces a plan to unlock value.
WEDNESDAY: Cramer was bullish on Wyndham Worldwide (WYN), Whole Foods (WFM) and Kimberly-Clark (KMB). He said that International Paper (IP) is a buy under $30/sh and both Dunkin Donuts (DNKN) and Hershey (HSY) should be bought on any weakness. He was worried about Caterpillar (CAT).
THURSDAY: 3M (MMM)- Cramer was worried about the report.
FRIDAY: Weyerhaeuser (WY) bullsih with the coming strength in housing; Chevron (CVX) Cramer was bullish saying the stock was cheap; and Merck (MRK) - he is not a fan. Cramer often recommends reliable, consistent earning stocks with great dividends, stocks like: Kinder Morgan Energy Partners (KMP) or Verizon (VZ) or utilities such as Southern Company (SO). Cramer said no matter what the negativity of the day, companies like these will allow investors to put those stories into perspective. Reference Link