FEATURED SLIDESHOW
Who Is The Worst CEO?Mad Money needed new inductees for its
Wall of Shame, so we asked viewers for
nominations.
RECENT POSTS
- Mad Mail: Does the iPhone Still Have a Chance in China?
- Lightning Round: CVS Caremark, Devon Energy, Tyson Foods and More
- Lightning Round OT: Ford, NewAlliance Bancshares and More
- Why You Should Speculate on Stocks
- Next Week’s Top IPO
- Cramer: 5 Earnings Reports to Watch Next Week
- More Americans Lighting Up? Buy This Stock
- What Happened to Cypress Semi?
- Lightning Round: Raytheon, Salesforce.com, Pepsi and More
- Lightning Round OT: Apache, Brocade, Allergan and More
Text Size 
When the Fed drops interest rates, retail usually wins, Cramer said. So he’s been recommending the sector since the central bank’s 75 basis-point cut. But investors need to be selective.
Phillips-Van Heusen [PVH
Loading...
()
] is priced for “the death of the consumer,” Cramer declared, but thanks to rate cuts and Washington’s stimulus package, that consumer might not be so dead after all. The stock’s down a massive 30% since Cramer recommended it Sept. 5, but now might be a better time to give PVH a look, he said.
PVH beat its third-quarter expectations, raised year-end guidance and predicted earnings per share would grow 12% to 16%. The problem, though, CEO Emanuel Chirico told Cramer today, is “we’re dealing with a consumer right now that is a little bit slower than it was before.”
The chief executive admits that cost pressures are up a bit, and so are inventories by about 5%, but PVH is coming into 2008 lean and healthy for the most part, Chirico said.
“The stock is too cheap,” Cramer said. “I think it’s worth buying ahead of the stimulus cuts.”
He also likes Liz Claiborne [LIZ
Loading...
()
] for a trade, Jones Apparel [JNY
Loading...
()
] for its execution, and VF Corp. [VFC
Loading...
()
] he’s been a fan of for some time.
Questions for Cramer?
Questions, comments, suggestions for the Mad Money website?
Data is a real-time snapshot *Data is delayed at least 15 minutes