Cramer's Trade on Status-Conscious Consumers

“People are willing to pay up for fashion,” Cramer said during Tuesday’s Stop Trading!, which right now bodes well for high-end retail companies.

For this reason, Cramer called Deckers Outdoors , maker of the iconic UGG boots, “a great opportunity” on any decline. He said the trend also explained Polo Ralph Lauren’s spot on Goldman Sachs’ conviction buy list.

  • 8 Stocks for Cancer's Cure
  • 5 Stocks to Play the Next Bull Run

Priceline.com , a once heavily shorted stock, was up over $30 on Tuesday after reporting a better-than-expected quarter. Like Netflix , Priceline.com is “a loved company,” Cramer said, adding that the online travel agency was a “master of execution,” one that offers inexpensive prices at a time when travel is costly. He saw no reason why investors would bet against the stock.

“It’s been a disaster to short,” Cramer said.

Watch the video to find out why Cramer called Politico.com “a killer of newspapers” and why many US publications are “doomed.”

Call Cramer: 1-800-743-CNBC

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com

Contact Mad Money

  • Showtimes

    Monday - Friday 6p ET
    Saturday 8a, 1p, 7p SYD
    Sunday 12a, 1a, 8a, 7p SYD
    New Zealand
    Saturday 10a, 3p, 9p NZ
    Sunday 2a, 3a, 10a, 9p NZ
  • Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

Mad Money Features

  • Grab the latest CNBC gear from the NBCUniversal Store!

  • Get a behind-the-scenes look at how Cramer formulates his investment advice. "Inside the Madness" is a column, which features e-mails and more with Cramer and his researcher Nicole Urken.

  • You’ve always wanted to hit the “Hallelujah!” button. Here’s your chance.

Mad Money Moments

Cramer's New Book