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Stocks discussed on Jim Cramer's Stop Trading! TV segment, Thursday November 23.

J. Crew (JCG), RadioShack (NYSE:RSH), Abercrombie & Fitch (NYSE:ANF), Macy's (NYSE:M), JC Penney (NYSE:JCP), Urban Outfitters (NASDAQ:URBN), Limited (LTD), Gap (NYSE:GPS)

Concerning J.Crew's (JCG) $2.86 billion deal to go private, Cramer says CEO Mickey Drexler is a creative force of a dynamic company, and yet every time he tries to innovate, he is besieged by analysts and funds who want to "short the heck out the guy," according to Cramer. He salutes Drexler for no longer being a "hostage to the vicissitudes of hedge funds." Cramer urged viewers not to wait for a higher bid, but to be on the lookout of the "next J.Crew."

There are several companies that are rumored to be on the verge of following in J.Crew's footsteps. Since RadioShack (RSH) has not been taken over yet, it isn't likely to happen in the future, he said. Abercrombie & Fitch (ANF) would not be a good target because it is a teen retailer, and such a deal would be "highly unlikely" for Macy's (M). J.C. Penney (JCP) lacks the balance sheet that would make it attractive to private equity.

Urban Outfitters (URBN), like J.Crew, wants to innovate, but The Street punishes the company for novelty. It also has an aggressive buyback. Cramer thinks Limited (LTD), which has Victoria's Secret, Bath&Body Works and White Barn Candle brands might be a good company to take private and spin off into individual companies as IPOs.

While Gap (GPS) has been suggested as a name that could be taken private, because it generates a lot of cash, Cramer doesn't think GPS is that interesting or that it has enough upside.

On a final note, Cramer says tech is "unseasonably strong" and suggests those who think the dollar will fall should buy tech stocks.

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Source: Cramer's Stop Trading! The Next J.Crew (11/23/10)