Cramer's 'Stop Trading!': Back to Basics

NEW YORK (TheStreet) -- The 60% jump in profit reported by toymaker Legos "is part and parcel of what I'm seeing when I speak to retailers," said Jim Cramer on CNBC's "Stop Trading!" segment on Monday. "

It's a shift away from expensive video games such as Activision's(ATVI Quote) "Guitar Hero" and Electronic Arts'(ERTS Quote) "Rock Band," Cramer said, and a shift "back to basics," with a focus on low prices and value.

He said the trend is being seen in retailers such as Gap(GPS Quote) and Jones Apparel(JNY Quote) and toy companies such as Hasbro(HAS Quote).

Turning to homebuilders, Cramer said that he's been skeptical of them in the past but that the "big macro data has to be balanced" with Toll Brothers(TOL Quote) CEO Robert Toll's recent conference call comments. "Bob Toll is telling you, 'Look, we're at this high-level price point, and we've had more traffic than we've had in years.'"

And as for Citigroup(C Quote), Cramer said: "The stock won't come in. Why won't it come in? Because it's working and cheap."

-- Written by Rebecca Corvino in New York.