Industrials: Tuesday will be critical in determining the strength of the industrial cohort, with earnings reports from General Motors, United Technologies, Caterpillar, 3M and Stanley Black & Decker.
Cramer expects all of them to deliver strong results, particularly given the post-hurricane cleanup projects in Texas and Florida and the boon from a weaker dollar.
“Now, you have to keep in mind that the moves in these stocks ahead of earnings have been pretty mind-blowing, so don’t freak out if the stocks can’t get more lift after they report. That especially goes for Caterpillar, which has been nothing short of phenomenal,” he said.
“But please be aware: if these stocks come in ahead of the quarter, that will most likely prove to be a buying opportunity, not unlike [Thursday’s] much-pilloried session,” Cramer added.
McDonald’s: The ubiquitous fast-food chain will report earnings on Tuesday, and with a red-hot stock, Cramer will be keeping an eye out for any potential weakness.
Chipotle: Cramer would be wary of Chipotle’s stock. The company reports earnings after the close, and the “Mad Money” host does not think it has bottomed yet after recent negative publicity.
Source : CNBC