Jim Cramer breaks down the key earnings reports to watch next week. With oil prices climbing above $60 a barrel for the first time in 2015 on Friday, he says he’s been taking a closer look at EOG Resources, which reports next week. He says EOG has the best growth profile of any of the independents and he believes it’s going to surprise to the upside and have a very big quarter in terms of production. It will be key to watch how much EOG is cutting back on drilling, Cramer stresses, as the company is the market leader in the U.S. He believes that is going to tell people what to do with oil stocks. As Walmart, which is a play on lower gas prices, also reports next week, Cramer says if the company disappoints then he recommends investors buy Target.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
