Cramer's Mad Money - Restoration Hardware Is A Great Growth Story (6/19/13)

Includes: AABA, BB, ICON, NKE, NLY, RH
by: Miriam Metzinger

Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Wednesday June 19.

CEO Interview: Carlos Alberini, Restoration Hardware (NYSE:RH)

Restoration Hardware (RH) finished up after its earnings report, just shy of its 52 week high. The company reported an astounding 41% increase in same store sales. Cramer asked CEO Carlos Alberini if the company can repeat this performance, and he said the same store sales were up from a 26% increase the year before; "We are not planning for that kind of repeat growth in same store sales." RH specializes in high-end housing products. It has rallied 127% since its IPO. Cramer said, "Restoration Hardware is the great growth story of our time."

The Reign of Dividend Stocks Is Ending. Stocks discussed: Yahoo (YHOO), Annaly (NYSE:NLY), BlackBerry (BBRY)

Why did the Dow plunge 206 points when Ben Bernanke said the Fed was going to continue to buy bonds? There is no question that stocks that are bond equivalents are getting punished, because it is clear the Fed will have to taper at some point. Cramer recommends buying banks, techs and stocks in segments that thrive when the economy becomes stronger.

Cramer took some calls:

Yahoo (YHOO): "This is a good situation."

Annaly (NLY) is not in a sector Cramer recommends buying right now, since there is an uncertainty about interest rates.

BlackBerry (BBRY) "But it is at $12, sell when it gets to $15."

CEO Interview: Neil Cole, Iconix Brand Group (NASDAQ:ICON). Other stock mentioned: Nike (NYSE:NKE)

Many people have never heard about Iconix Brand Group (ICON), but it owns some of the best known brands. "We are not selling Iconix," said CEO Neil Cole, but the company owns some brands that are 50 to 100 years old. It acquired London Fog when it was bankrupt and bought Umbro from Nike (NKE). "We have a war chest," to buy new brands, said Cole. Cramer thinks the Street doesn't give Iconix the credit it deserves and considers it a possible buy.


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