Apple Inc. (NASDAQ:AAPL) and Netflix, Inc. (NASDAQ:NFLX) are among the companies that are set to post their earnings this week amidst the ongoing uncertainty and tension in Russia & Ukraine and Israel & Gaza. The direction in which the market will head in the week remains uncertain although there are stocks according to Jim Cramer on ‘Mad Money’ CNBC would benefit from tensions in this countries as they will overshadow their earnings.  Despite the uncertainty, Cramer remains bullish on Apple Inc. (NASDAQ:AAPL) and Netflix, Inc. (NASDAQ:NFLX) predicting that they will post impressive earnings.

Apple Inc. (AAPL) and Netflix (NFLX)

The market has had a ruthless effect on stocks which have had good running into the posting of earnings, with the stock plummeting as soon as earnings are posted. Netflix, Inc. (NASDAQ:NFLX) is a typical of these stocks that has had a good running and is set to post its earnings this week. Cramer reiterated his bullish hold on Netflix, Inc. (NASDAQ:NFLX) especially at the back of a hostile bid from Twenty-First Century Fox Inc. (NASDAQ:FOX) for Time Warner Cable Inc. (NYSE:TWC).

Cramer emphasized that if Netflix, Inc. (NASDAQ:NFLX) goes down it could offer a terrific takeover play and if it reports a good number in terms of earnings as a result of more subscribers, it could soar. Due to the uncertainty of the direction that the stock will follow, crammer advices on playing safe on the stock.

“Put half of position on Netflix on Monday morning before the company reports and then I’d buy the rest if the stock has post quarter pull back,” said Cramer.

Apple Inc. (NASDAQ:AAPL) has had a good run in 2014 despite iPhone sales slowing, the company’s stock is already 16% up for the year and one of the reasons why Cramer is bullish on its prospects. Apple Inc. (NASDAQ:AAPL)’s future remains stronger for Cramer especially at the back of signing a partnership agreement with International Business Machines Corp (NYSE:IBM) for the distribution of iPhone’s right into Enterprise worldwide.

“I think this company makes the best possible products and is  one of the most pro shareholders management team out there and the company just announced an amazing deal with IBM ” said Cramer.

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