The Better Retail Play?
Rising costs. Fashion misses. For many reasons, Cramer said the retail space is though.
The "Mad Money" host, however, thinks luxury fashion retailer Saks has found the "right formula." To learn more about it's future prospects, he interviewed CEO Steve Sadove on Wednesday's program. After watching the interview, home gamer Frank asked if The Men's Warehouse could be another great retail play, like Saks.
Cramer said he likes The Men's Warehouse because it offers good value, has a strong following and recently reported positive quarterly results. Saks, however, is a high-end retailer, like Nordstrom and Tiffany & Co. . With Saks trading at around $12 a share, he thinks it could go to $15 faster than The Men's Warehouse could climb to $35. So on a percentage basis, he said Saks is the better retail play.
Meanwhile, Cramer fielded a question from Frank, who asked if EXCO Resources is a buy at current levels. Cramer said he's not interested in shares of the Dallas-based company. When it comes to natural gas names, he prefers Chesapeake Energy . He thinks it has more upside and also admires the leadership of CEO Aubrey McClendon.
John wanted Cramer's take on SuperValu , which saw shares fall sharply last year. The Eden Prairie, Minn.-based grocer has a bad balance sheet, Cramer said. If you need to own a super market stock, he recommends looking at The Kroger or Whole Foods Market .
Finally, Steve said futures and pre-market trading looks like fun. Cramer doesn't recommend getting into that kind of trading, though. He thinks it's too risky.
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