Cramer's Lightning Round - I Like Nike (10/30/08) [View article]
The consumer is tapped out--- credit card defaults and foreclosures are still rising, along with unemployment. Consumer sentiment hit an all time low.
Cramer is recommending NKE and COH, but doesn't like UA? On the other hand, he doesn't like the department stores, which makes sense in this environment. So, how could you possibly like NKE or COH, other than the fact that they own their own stores and direct distribute at higher margins.
MOS reported a terrific quarter, as did POT ---- and everyone is downgrading the stocks, including Cramer, at the lows. Interesting that no one downgraded either company 100 points higher.
The sister mother routine with Cramer may not be a routine.
Eight Companies That Are Hiking Dividends [View article]
Cramer's Lightning Round - I Like Nike (10/30/08) [View article]
Cramer is recommending NKE and COH, but doesn't like UA? On the other hand, he doesn't like the department stores, which makes sense in this environment. So, how could you possibly like NKE or COH, other than the fact that they own their own stores and direct distribute at higher margins.
MOS reported a terrific quarter, as did POT ---- and everyone is downgrading the stocks, including Cramer, at the lows. Interesting that no one downgraded either company 100 points higher.
The sister mother routine with Cramer may not be a routine.