Jim Cramer’s Earnings Stocks to Watch: JCG, MW, DKS, NKE, UA, EJ, KR, THS, PRGO, CRZO, BF.B, CLNE, DEO
“Anybody wondering about the state of the economy needn’t look any further than the company numbers generated last quarter,” Jim Cramer said on a recent “Mad Money” TV show. Cramer said the sentiments from individual companies will be far more telling than any macro-economic data. Earnings season is mostly over, but Cramer said there still are a number of companies set to report that he will be watching. “Buy J. Crew Group Inc. (NYSE:JCG) ahead of its Tuesday announcement,” Cramer said, “and buy some more if the stock sells off after. He called the company the finest retailer in the country, and he expects the firm to be a big beneficiary of a consumer who’s more willing to spend. He said he’d also consider The Men’s Warehouse Inc. (NYSE:MW), another firm with strong same-store sales growth. Cramer mentioned he’ll be listening to Dick’s Sporting Goods Inc. (NYSE:DKS) for insights as to whether Nike Inc. (NYSE:NKE) and Under Armour Inc. (NYSE:UA) might have report strong quarters. He said he likes Nike stock and Goldman Sachs Group just added NKE to its conviction-buy list. On Tuesday, Cramer said he wants to hear from E-House (China) Holdings Limited (NYSE:EJ) to get a snapshot of China’s real-estate market. Also on Tuesday, he mentioned grocery store chain The Kroger Co. (NYSE:KR) will report earnings and he wants to hear what the firm has to say about private-label food sales. This will directly impact the private label food companies like TreeHouse Foods Inc. (NYSE:THS) and Perrigo Company (NASDAQ
RGO). On Wednesday, Cramer told viewers he’s going to avoid buying Carrizo Oil & Gas Inc. (NASDAQ:CRZO) if natural gas futures are trending lower, and he’s staying away from Brown-Forman Corporation (NYSE:BF.B) in favor of Diageo plc (ADR)(NYSE:DGO). Finally, he said Clean Energy Fuels Corp. (NASDAQ:CLNE) could be an opportunity if we hear positive comments about the NAT GAS Act of 2009. Join the fastest growing community of small cap investors at Stockhideout.com
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