Cramer's Stop Trading! Nike Is Running Ahead of Itself (2/18/11)

Includes: CAB, CTL, JAH, NKE, TBL, WIN
by: Miriam Metzinger

Stocks discussed on Jim Cramer's Stop Trading! TV Segment, Friday February 18.

Cabela's (NYSE:CAB), Jarden (NYSE:JAH), Timberland (NYSE:TBL), Nike (NYSE:NKE), Windstream (NASDAQ:WIN), CenturyLink (NYSE:CTL)

The bull market is going outdoors with Cabela's (CAB) reporting an amazing outdoor business, a strong quarter from Timberland (TBL) and Jarden (JAH) saying great things about its outdoor segment. Cramer says these stocks tend to rally hard and pull back and he would be a buyer on the decline. While Jarden has a diverse array of products, the company uses this diversity to its advantage, and Cramer says the CEO, Martin Franklin, has created "tremendous wealth" for the company and doesn't get enough credit on The Street.

Nike's (NKE) stock tends to get ahead of itself prior to the release of a new sneaker and it is running up yet again. Cramer would "be careful" of Nike.

It's the end of the line for Windstream (WIN) and CenturyLink (CTL) since Cramer says he is not happy with the numbers from this industry. it is not worth buying these stocks for the yield alone.


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