Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Friday December 12.
13 Things to Watch in the Week Ahead: Honeywell (NYSE:HON), Verifone (NYSE:PAY), Darden (NYSE:DRI), 3M (NYSE:MMM), FedEX (NYSE:FDX), Joy Global (NYSE:JOY), Oracle (NYSE:ORCL), Nike (NYSE:NKE), Red Hat (NYSE:RHT), BlackBerry (BBRY), CarMax (NYSE:KMX), Finish Line (NYSE:FL), Paychex (NASDAQ:PAYX). Other stock mentioned: JDS Uniphase (JDSU)
Honeywell (HON) gives its outlook, and should say things look good.
Verifone (PAY) will report. Is likely to give good earnings and it may be a takeover target.
Darden Restaurants (DRI) should be a buy because it shed its non-performing Red Lobster chain.
3M (MMM) gives its outlook. This company has been resilient, but Cramer wouldn't buy because it has run up a a lot.
FedEx (FDX) is a tell on the economy and the consumer. However, with business overseas, it may not be as strong as it could be.
Joy Global (JOYG) will give an indication on how China and industrials are doing.
Oracle (ORCL) reports and tends to get hammered after its earnings. Cramer would stay away.
Nike (NKE) has growth in China and Europe and it has risen a lot. Cramer would pick it up in the $90 range.
Red Hat (RHT) may give decent earnings, but it is close to its 52 week high.
BlackBerry (BBRY): People "rent" this stock hoping for a takeover. Cramer wouldn't gamble with it.
CarMax (KMX): This may be a buy, but only if oil continues to decline.
Finish Line (FL) reported a disappointing quarter last time around. Cramer thinks management will report a good earnings this time.
Paychex (PAYX) should give an indication of the hiring scenario.
Cramer took a call:
JDS Uniphase (JDSU) needs to be broken up, but it is worth holding.
What the Charts Say About Oil
Cramer consulted the technical analysis of Carolyn Boroden to determine where oil will bottom. The head of fibonacciqueen.com indicated that oil might not bottom until $50 or $52 per barrel, but there might be support around $55.67. There might be a bounce in the coming week, but the bounce is likely to be short-lived. If oil rallies more than $6.13, it might be headed higher.
Mad Tweets: Interexon (NYSE:XON), Rockwell Medical (NASDAQ:RMTI), Liberty Broadband (NASDAQ:LBRDA), Charter Communications (NASDAQ:CHTR), Agios Pharmaceuticals (NASDAQ:AGIO), Regeneron (NASDAQ:REGN), Isis Pharmaceuticals (ISIS), Polaris (NYSE:PII)
Cramer answered viewers' questions posed through tweets. Cramer would buy Interexon (XON) on weakness, given its monster growth rate. Rockwell (OTCPK:RMII) is a battleground stock with a large short holding. Cramer would rather avoid it, but acknowledged it might be a speculative buy. He prefers Charter Communications (CHTR) to Liberty Broadband (LBRDA). Cramer is bullish on Agios Pharmaceuticals (AGIO), Regeneron (REGN), Isis Pharmaceuticals (ISIS), but would wait for a pullback. Polaris (PII) is one stock that shouldn't be selling down on cheap oil, but it is, and is a buy on this pullback.
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