Jim Cramer's Stop Trading! Out of Time

The recent run-up in shares of Movado(MOV Quote) is an opportunity to take profits, Jim Cramer said on CNBC's "Stop Trading!" segment Friday.

"Ring the register and take the money -- if you like that high-end stuff -- and go into Coach(COH Quote)," Cramer said.

Cramer also recommended VF Corp.(VFC Quote), which he said could see a lot of orders from department stores that sold down their mid- and high-end inventory.

Taking money out of Procter & Gamble(PG Quote) and moving it into Kimberly-Clark(KMB Quote) is also a "very compelling" idea because of an increasingly pervasive belief that P&G overpaid for Gillette. "I don't think they overpaid, but the stock is truly out of favor" and could be headed to $50, Cramer said. It recently traded for $53.95.

Cramer was cautious about UnitedHealth(UNH Quote), where recent strength suggests "people are forgetting why they sold it to begin with." They sold it, Cramer said, because of the departure of momentum investors from the shares and because of the bad press it has gotten in the options-backdating scandal. The stock, which recently crossed at $47.07, is going back to $43, Cramer said, and "if I bought it at $43, I'd be selling it at $47."