Mad Money with Jim Cramer - MAD CAP RECAP - The Official Mad Money Blog

RSS FEED

  Who Is The Worst CEO?
Mad Money needed new inductees for its
Wall of Shame, so we asked viewers for
  nominations.

PODCASTS
Watch the Lightning Round whenever and wherever you want.

OFFICIAL MAD MONEY WIDGET
Grab this all-in-one application and get recaps of the show sent right to your desktop or blog.

CRAMERS SOUNDBOARD
Admit it: You've always wanted to hit the "They
know nothing!" button. Here’s your chance.

CHECK OUT OUR PHOTOS
Check out Cramer on set, back to school, behind the scenes and more.

SHOP FOR MAD MERCHANDISE
Buy Cramer books, bobbleheads and other Mad Money merchandise.

RING TONES
Pick up the phone! It's Cramer! New Mad Money sounds for your cell phone.

TEXT MESSAGE ALERT
Mad Money's mobile. Get show highlights sent to your phone.

Cramer's Trade on Status-Conscious Consumers

Published: Tuesday, 10 Nov 2009 | 3:32 PM ET

Text Size

By: Tom Brennan
Web Editor, Mad Money

“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 [DECK Loading... () ], maker of the iconic UGG boots, “a great opportunity” on any decline. He said the trend also explained Polo Ralph Lauren’s [RL Loading... () ] spot on Goldman Sachs’ conviction buy list.

Priceline.com [PCLN Loading... () ], a once heavily shorted stock, was up over $30 on Tuesday after reporting a better-than-expected quarter. Like Netflix [NFLX Loading... () ], 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.