Barclays raised the target price for footwear manufacturer DeckersOutdoor on Friday from $90 to $120 but the stock was down on the day. Deckers, which reported fourth-quarter earnings Thursday has been steadily climbing over the last month, though. But should it be? Mad Money's Jim Cramer said on Friday's Stop Trading! that yes, it definitely should.
"This is not a one-day wonder. There continues to be a ridiculously low valuation for the company," Cramer said. "I think it should be a $5 billion market cap company."
Cramer is also a big fan of Eaton, which he called a "huge truck bull market story."
"It is not an expensive stock. It keeps boosting it's dividend. Sandy Cutler is my nomination for CEO of the year. The guy is doing a remarkable job quietly taking over all kinds of power generation control," Cramer said.
The growing electric automobile industry gives Eaton a very positive future outlook, Cramer said. Their electric battery system business isn't even in the numbers yet, he said. "Can you imagine how big that's going to be in the out years?"
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