What Is This Holiday's 'Red Hot' Product?
“It is once again a Deckers Christmas,” Cramer said during Thursday’s Stop Trading!.
Sales of the company’s iconic UGG boots continue to be “red hot,” Cramer said, pointing to comments made by Nieman Marcus CEO Burt Tansky. The CEO has told Wall Street analysts that consumer demand makes UGGs hard to stock.
That means Deckers Outdoor is “going higher,” Cramer said.
In earnings news, Cramer called Dollar General’s third quarter “very disappointing.” He had recommended selling the stock ahead of the report, saying the gains had been made after DG’s IPO.
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