Next week is the last week of what’s been an incredibly strong earnings season, Jim Cramer told his Mad Money viewers Friday, as he laid out his weekly game plan. So far, the earnings have been spectacular, Cramer said, and next week promises to be more of the same.
The game plan starts out on Tuesday, after the President’s Day holiday, when Cramer will be watching earnings from CVS Health (CVS) – Get Report, which will provide an update on COVID vaccines, along with Zoetis (ZTS) – Get Report, Ring Central (RNG) – Get Report and Occidental Petroleum (OXY) – Get Report. Emerson Electric (EMR) – Get Report will also hold an analyst meeting and Cramer is anxious to hear from the company’s new management.
On Wednesday, Cramer will be monitoring a number of tech earnings from Shopify (SHOP) – Get Report, Twilio (TWLO) – Get Report and Fastly (FSLY) – Get Report. His favorite oil producer, Pioneer Natural Resources (PXD) – Get Report, will also be reporting, along with Boston Beer (SAM) – Get Report, a stock where he urged viewers to not overstay their welcome.
Thursday brings more earnings, this time from Walmart (WMT) – Get Report, Barrick Gold (GOLD) – Get Report, Applied Materials (AMAT) – Get Report, Roku (ROKU) – Get Report and The Trade Desk (TTD) – Get Report, all stocks Cramer has been bullish on.
Investors will likely be focusing on privately held Robinhood however, which will be testifying before Congress.
Finally, on Friday, we’ll close out the week with John Deere (DE) – Get Report and auto assembler Magna (MGA) – Get Report. Cramer remained a fan of both companies.
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Executive Decision: DexCom
In his first “Executive Decision” segment, Cramer spoke with Kevin Sayer, chairman and CEO of DexCom (DXCM) – Get Report, the glucose monitoring company that just posted a small earnings miss on increased revenues.
Sayer first commented on his company’s Super Bowl ad last week. He said the message about DexCom and the importance of glucose monitoring got out loud and clear and his company saw the biggest day of lead generation ever as patients flocked to their website.
DexCom’s goal is to take their technology everywhere. Sayer said there are many complications that arise from diabetes and hospitals, in particular, can benefit from autonomous monitoring rather than manual finger sticks every few hours.
When asked about their latest, seventh-generation devices, Sayer explained that their G7 product is better than G6 in every way, including being even smaller than what is already the smallest device on the market.
Executive Decision: Azek Company
For his second “Executive Decision” segment, Cramer also spoke with Jesse Singh, president and CEO of building products maker Azek Company (AZEK) , which rallied 5.1% Friday on the heels of strong earnings and guidance.
Singh said Azek is benefitting from not only the strong demand for housing, but also from an increased focus on outdoor living and sustainability. Azek has committed to using one billion pounds of recycled materials to make long-lasting, sustainable decking products that customers love.
In addition to strong demand for residential construction, Azek has also benefited from un uptick in commercial construction, including stadiums, although Singh said commercial is still only a small portion of their overall operations.
When asked about their use of cash, Singh explained that investing in their business is still their No. 1 priority, but they also keep an eye out for potential acquisition opportunities.
Executive Decision: Stem
For his final “Executive Decision” segment, Cramer checked in John Carrington, CEO of Stem, a smart energy storage company, that will soon be merging with Star Peak Energy Transition STPK, a special purpose acquisition company.
Carrington said that Stem will be the first publicly-traded, pure-play energy storage company, one that provides greater reliability to our electric grid using AI-driven software.
Stem provides their smart storage solutions to utilities and large corporations including Amazon (AMZN) – Get Report, Walmart, Google (GOOGL) – Get Report and Home Depot (HD) – Get Report. Their installation in Los Angeles was called upon to stabilize the grid 20,000 times, just last year, Carrington said.
Carrington is a 16-year veteran of General Electric (GE) – Get Report, and he said Stem has a great team of best-in-class talent helping to make renewable energy storage possible. Carrington said he has not talked with the new Biden administration, but would welcome the opportunity. He said renewable energy represents a $1.2 trillion opportunity for our economy.
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Be Nice or Leave
In his “No Huddle Offense” segment, Cramer said the world is migrating to a kinder, gentler Internet, and that could have an impact on your portfolio.
Today we learned that Microsoft (MSFT) – Get Report might be looking to acquire Pinterest (PINS) – Get Report, the social network where users largely live in harmony. This comes on the heels of a bidding war for TikTok, another fun-oriented destination. Then there’s Twitter (TWTR) – Get Report, which has only seen its share rise since taking a hard stance on hate speech.
This is a “Be nice or leave” moment. Advertisers want their ads to appear alongside kinder, gentler content.
Lightning Round
Here’s what Cramer had to say about some of the stocks that callers offered up during the Mad Money Lightning Round Friday evening:
Zoom Video Communications (ZM) – Get Report: “I think Zoom is still good. They are having a good quarter.”
DuPont (DD) – Get Report: “I think this stock is right to buy right here. I’d be a buyer.”
AgEagle Aerial Systems (UAVS) – Get Report: “If you want drones, look into Honeywell (HON) – Get Report. This one is speculative.”
Affirm (AFRM) – Get Report: “I think you’ll do well with this stock.”
General Electric (GE) – Get Report: “I’m a big believer in their wind division, but we need travel to kick in so Boeing (BA) – Get Report will build more planes.”
AbbVie (ABBV) – Get Report: “People aren’t going for Botox as much, but their drugs are amazing and I think you can buy it. It’s a bargain.”
AT&T (T) – Get Report: “You’re reaching for yield. That one doesn’t offer any peace of mind.”
Nvidia (NVDA) – Get Report: “I think this is the crown jewel semiconductor company of the world.”
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At the time of publication, Cramer’s Action Alerts PLUS had a position CVS, WMT, MSFT, AMZN, GOOGL.
