There are hundreds of companies slated to announce their earnings the week of October 24, but Cramer has his eye on a select 23. What follows is his “Game Plan.”
Monday, October 24
Caterpillar will set the tone for the week when it reports before the bell Monday. The “Mad Money” host said we need to hear that there’s no weakness in China, estimates are being raised, raw costs are coming down and that Europe can’t hurt the company.
Also before the bell, we’ll hear from Eaton and Cramer’s betting it will be “terrific” news. He likes the company’s secular growth stories like energy conservation and the data center.
Cramer fave Kimberly-Clark announces its quarterly results ahead of the open as well. It has a great dividend, and he thinks the company can raise the payout with the raw costs going down.
He also expects to hear great things when VF Corp reports before the opening bell. Cramer is betting the stock will go down on profit taking, so he would get ready to buy into the weakness.
After the bell, Neflix releases its quarterly earnings. If it says there was no dramatic decline in customers, Cramer is betting that will move the stock up.
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