He attributed the company's lack of markdowns to its marketing and technology, which allows it to better give customers what they want. He also said the company's lifestyle brands, such as Wrangler, Northface, Nautica and Vans are some of the company's strongest segments.
Cramer said he's normally leery of new CEOs, but feels Wiseman is the exception.
Lightning Round
In the Lightning Round, Cramer was bullish on TransCanada (TRP Quote), Flextronics (FLEX Quote), Sears Holdings (SHLD Quote), Symantec (SYMC Quote), Starbucks (SBUX Quote), Intel (INTC Quote), PetroChina (PTR Quote), Focus Media (FMCN Quote), Baidu.com (BIDU Quote) and China Mobile (CHL Quote) Cramer was bearish on Jabil Circuit (JBL Quote), VeriSign (VRSN Quote), Green Mountain Coffee Roasters (GMCR Quote), Zions Bancorp (ZION Quote), Cree (CREE Quote) and Waste Management (WMI Quote) Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here. For more of Cramer's insights during the Lightning Round, click here.- Loading Comments...
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