Jim Cramer's Stop Trading! Bowling for Brunswick

Stop Trading!

TheStreet.com Staff

01/25/07 - 02:58 PM EST

There is no need to panic about a soft boat sales forecast at Brunswick (BC Quote), Jim Cramer said Thursday on CNBC's "Stop Trading!" segment.

Cramer said the company is "more diversified than you think," explaining why he's not backing away in spite of Thursday's projection that 2007 will be the worst year for boat sales since 2000.

"The consumer is not falling apart," Cramer said, referring to strong quarters at the likes of Tiffany (TIF Quote).

Cramer also noted that rivals Arctic Cat (ACAT Quote) and Polaris (PII Quote) are having issues as well, but Polaris keeps buying back stock, minimizing the fallout.

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