Tuesday promises to be a busy day for " Mad Money " host Jim Cramer, who plans to review a slew of quarterly earnings reports.
Johnson & Johnson, Coca-Cola and Intel are all slated to report earnings.
Johnson & Johnson has the most yet-to-be-tapped value of any major firm in the world, Cramer said. If new CEO Alex Gorsky offers any hint of “unlocking” or “bringing out value,” Cramer thinks the stock will spike and investors won’t get to buy JNJ below $70 a share.
(RELATED: Why Johnson & Johnson Should Split Up )
And with so many concerned over how currency and repatriation will impact earnings, investors will get a read on that when Coca-Cola comes out with its numbers. Cramer thinks the sudden strength of the dollar should shave some pennies off of the stock’s performance. He said that if KO suffers after that, investors should expect a rough ride ahead for the remaining global firms that will report. Historically, he said Coca-Cola has managed to hedge its big commodity cost exposure, but with the recent surge in corn prices — and corn being a key ingredient of corn syrup — we should get a better sense of how bad things may be for food and beverage companies expecting to report in the coming weeks.Page 1 of 2 | Next Page