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Game plan: Cramer’s “Mad Money” recap (Friday 5/29/20)

Without further stimulus, investors must stick to security stocks, Jim Cramer told Mad Money viewers Friday. Cramer’s game plan for next week’s trade all depends on Friday’s salary number outside the yard, which is why he also told viewers to leave room in his portfolios for some recession.

The schedule begins on Monday, with Cramer awaiting retaliation from China against President Trump’s harsh words on Friday. Cramer said he thinks this is a bad time to escalate the trade war and it could have bigger effects on the economy than previous rounds, struggled when the economy was solid and unemployment was low.

Next Tuesday we will receive revenue from Zoom Video (ZM) ̵

1; Get report and CrowdStrike (CRWD) – Get report, two red hot stocks that flourish in our stay-at-home economy. Wednesday sees another quarantine stock, Campbell Soup Co. (CPB) – Get report. Cramer wants to hear if the hoarding phase is over or if this recession will continue to grow.

Most of the revenue comes on Thursday when we hear from JM Smucker (SJM) – Get report, Broadcom (crucial) – Get report, Gap Stores (GPS) – Get report, Slack (WORK) – Get report and DocuSign (DOCU) – Get report. Cramer was a fan of all those names, except for Gap Stores. He said investors just should not own second-class retailers.

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