Cramer: Your shopping list for the next market dip

Companies reported some spectacular quarters this week, and Jim Cramer thought it just added more fuel to the fire in Friday’s rally.

It was the stocks that had huge moves this week that made it to Cramer’s shopping list for next week, because he is confident that there could be more sell-off days ahead.

First on Cramer’s list was Facebook, which blew away investor expectations when it reported. Cramer thinks this stock remains cheap, even after its remarkable run.

“Here is a company that is making a fortune off you, and you love it,” the “Mad Money” host said.

Johnson & Johnson

Adam Jeffery | CNBC

“To each CEO I say, congratulations gentlemen on a good quarter and thanks for everything you do.”-Jim Cramer

Honeywell and United Technologies are both industrials with major aerospace exposure. Cramer was impressed by what both companies were able to do in their recent quarter and thinks both can go higher.

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3M is another winner on Cramer’s radar, especially since it refused to let the strong dollar get in the way of the company’s growth. Its consumer business is on fire, and Cramer expects it to grow.

Cramer also recommended Johnson & Johnson, MasterCard, Visa,Paypal and McDonald’s.

“Procter & Gamble dazzled, despite a strong dollar, and I was blown away by the margin improvement and the organic growth. Neither Procter nor McDonald’s is done going higher,” Cramer said.

The last company on the shopping list was Microsoft, and believe it or not, Cramer said it has now transformed into a leader of the cloud. He thinks it has more room to run under the leadership of Satya Nadella.

“To each CEO I say, congratulations, gentlemen, on a good quarter, and thanks for everything you do,” Cramer said.

[“source -cncb”]