Cramer's Stop Trading! These Uggs Are Made for Walking (12/10/09)
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Stocks discussed on Jim Cramer's Stop Trading! TV Segment, Thursday December 10.
Deckers (DECK), Dollar General (DG)
Deckers' (DECK) Ugg boots are this holiday season's "red hot product." Nieman Marcus CEO Burt Tansky commented that consumers are so in love with the boots that it is getting difficult to keep them in stock; "I thought it would be worn out, but this product is still hot," said Cramer.
Dollar General's (DG) 3Q has been "disappointing" and Cramer recommends selling the stock before its earnings report.
Cramer thinks housing is not really so bad, and added the turnaround in housing will only really happen when unemployment improves. He predicts more people will take advantage of the low prices; "If you were trying to buy a house, you'd wish I was more negative."
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