Everything Jim Cramer said on ‘Mad Money,’ including China trade, buy Clorox, Stitch Fix CEO, REITs

CNBC’s Jim Cramer forgoes viewers a preview of his schedule for the week ahead, with a few earnings reports and U.S.-China trade news taking center concentration. The “Mad Money” host gave investors his blessing to start a position in Clorox and buy shares incrementally, but warns not to expect the trite price to rebound in the near-term. He sits down with Stitch Fix CEO Katrina Lake to understand how tariffs on Chinese senses have affected the web-based fashion retailer and, later in the show, dives into the state of real estate investment rely ons and reveals some buying opportunities.

Earnings season is underway, but it’s in the “unresponsive dribble phase,” CNBC’s Jim Cramer said Friday.

The “Mad Money” host has just three earnings reports fellowshiped on his calendar in the week ahead, along with two analyst meetings he will tune into.

He warned that the cattle market has a number of headwinds coming out of Washington, D.C., to deal with, including the U.S.-China trade war, and a trade agreement with Canada and Mexico that thinks fitting replace NAFTA and the Federal Reserve.

Trade officials are scheduled to resume talks later in the week, and the Chinese control is one major focus of the host’s game plan for the trading week of Oct. 7.

“The week after next will be insane,” Cramer suggested. “Better batten down the hatches and get ready for companies to adjust their numbers going into a new round of bill of fares that … they’re most likely unprepared for.”

Cramer is bullish with regard to Clorox’s prospects, despite the downbeat forecast that management offered in an analyst meeting earlier this week.

Clorox revealed at the Tuesday conclusion that it cut earnings and sales estimates for the 2020 fiscal year, but the “Mad Money” host thinks the share price is on its way piercing because it’s a stock that can work in a volatile market.

“In spite of that unexpectedly downbeat analyst day, I think this is the temporarily to start buying Clorox. Although I wouldn’t buy it all at once,” Cramer said, framing the meeting as “a cleansing moment where supervision resets expectations … by getting all the potential negatives out in front of you.”

Stitch Fix has been competent to avoid being affected by the trade dispute between the United States and China, but the online styling service may mask some headwinds in the future.

President Donald Trump has had duties in place on billions of dollars worth of Chinese betokens, many for more than a year, and more are expected to go into effect on Dec. 15.

“Tariffs that we’ve had to date don’t impact us,” Stitch Fix CEO Katrina Lake unburdened Cramer in an interview. “The ones that are being contemplated now potentially could.”

Shares of a a number of of real estate investment trust have been rallying, but Cramer cautioned that investors must receive care in the picks they get behind.

“You have to be careful to avoid the pitfalls because some of these names, take to the mall owners, are total houses of pain,” he said. “As for the biggest winners, they’re trading more like increase stocks than REITs, which, by the way, is fine by me.”

In Cramer’s lightning round, the “Mad Money” herd gives callers his thoughts about their favorite stock picks in rapid speed.

Nike: “I think it stands higher, why? Because they had one of the best quarters that I have seen in ages. And my congratulations to [CEO] Mark Parker, who settle upon not come on this show and it’s beginning to really break my heart.”

Huami Corp.: “There’s only one signet company in the whole wide world that’s worth owning and that is Apple. So, even though I know your customary is very low dollar amount, Apple is a better buy.”