Cramer's 'Stop Trading': Costco, Zions

NEW YORK(TheStreet) -- The gloom surrounding the holiday season has been gravely misplaced, Jim Cramer announced during his "Stop Trading" segment Monda.

"Costco Wholesale's(COST Quote) toy aisle was out of control this weekend," Cramer said, noting that items like Nerf guns were selling out like crazy.

Cramer is also optimistic about Williams-Sonoma's(WSM Quote) numbers, which came out last week. The home furnishing retailer swung to a third-quarter profit and upped its full-year outlook.

Any company selling boots and shoes are also poised to win this holiday season, Cramer said.

"Regional banks have gotten so cheap that people want to go back to them," Cramer said. He named Zions Bancorp(ZION Quote) as one such regional bank.

Shares of Zions are soaring 16.2% to $14.58 in afternoon trading, after the company said it plans to swap about $140 million of preferred shares for up to 7 million common shares. This represents a 25% premium to where preferred shares were trading on Friday.

-- Reported by Jeanine Poggi in New York

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