Cramer's rundown of earnings next week: Buy Chipotle, steer clear of Alphabet

Wall Street is preparing for a big week of earnings that will offer a better read of the apparent economic slowdown, CNBC’s Jim Cramer said Friday.

During Friday’s session, the Dow Jones Industrial Average slid nearly 69 points. The S&P 500 and Nasdaq Composite also slipped 0.62% and 0.74%, respectively, as the market digested a full week of the latest quarterly results. The two latter indexes posted their worst weeks since May.

“You need to understand that we’re about to embark on the busiest week of the year for industrial earnings,” the “Mad Money” host said. “We’ll be flooded with new information, and if you can’t handle it or handle all the noise … this might be the perfect week to take your summer vacation.”

Here is Cramer’s game plan for the trading week of July 22:

Monday: Halliburton; Whirlpool

Halliburton: The oil service company reports earnings before the market opens. Cramer thinks the results will be suboptimal.

Halliburton could signal a stronger second half of the year, Cramer said, “but this market is not the least but sanguine about oil.”

Whirlpool: Whirlpool’s results come after the bell. Cramer also thinks the report will be subpar, but says the company could offer key details about the consumer.

“The banks have told us that the consumer is flush,” he said. “Whirlpool’s washer and dryer sales are going to tell a better tale.”

Tuesday: United Technologies; Coca-Cola; Chipotle; Visa

United Technologies: United Technologies has an earnings call before trading starts. Cramer said he expects to hear a good story from management, but some on Wall Street are skeptical of the plan to merge with Raytheon.

“I think it’s a good move for United Technologies, but [CEO Greg] Hayes has got to come out on this call and flesh out why he thinks this deal is worth doing,” he said.

Coca-Cola: The iconic drink maker reports earnings in the morning. Cramer is bullish on the stock.

“This is not an exciting stock. It’s just a stock that kind of goes up over time,” he said.

Chipotle: Chipotle will hold a conference call after the market closes.

“I’d recommend buying some before the quarter and some after, just in case it pulls back,” Cramer said.

Visa: Visa reports earnings after the market closes.

“This stock is an erratic trader. It often sells off on even the best of reports, giving you the single finest moment to pick some up into weakness,” Cramer said.