Cramer says he's looking to pounce on this beaten-up stock early next week

Cramer said on Friday that he plans to buy Estee Lauder shares on Monday, after the stock was "pummeled" in response to disappointing guidance.

Cramer says he's looking to pounce on this beaten-up stock early next week

Jim Cramer announced Friday that he would buy Estee Lader (EL), as early as Monday. The cosmetics company's stock had been hammered by disappointing guidance. Jim Cramer also commented on the April employment report and market risks. The transcript will be available shortly.