This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Jim Cramer's 'Mad Money' Recap: The Rally Rules

Chirico addressed one of his biggest challenges at the moment: Calvin Klein jeans, a segment the company acquired when PVH took over Warnaco last year. Chirico said CK jeans will be a second half of 2014 story as it ramps up new distribution and new products to address what customers are seeking. He said the investments the company is making today unfortunately won't pay dividends before then.

Outside of jeans, Chirico remains cautious on the holiday season, which has proven to be competitive for many retailers with lots of promotions and markdowns. Chirico said it's still too early to see what this year's shortened holiday season will bring overall.

Turning to international sales, Chirico said southern Europe, mainly Spain and Italy, continue to be challenged. Other areas of the globe, including China and Southeast Asia and Latin America, all continue to be growth drivers for the company.

Cramer said PVH continues to be a stock that investors should be buying ahead of what will likely be a very strong 2014 for the company.

More on Masco

When analysts argue, investors win, Cramer reminded viewers as he looked into Masco (MAS), a stock he owns for his charitable trust, Action Alerts PLUS, and one that received both an upgrade and a downgrade today.

Cramer said there are smart people on both sides of Masco, with Goldman Sachs (GS) advising investors sell the stock, while Credit Suisse (CS) rated it a buy. The makers of Delta faucets, Kraftmaid cabinets and Behr paints currently pays a 1.4% yield and has seen its shares rise 29% so far in 2013.

Goldman's argument is that with residential housing heating up, the smart money would be better placed in non-residential construction names that have yet to rise. Meanwhile, Credit Suisse was content to ride the residential market even higher.

Cramer said while Goldman cites categories such as insulation are peaking, insulation currently only accounts for 16% of Masco's revenue. Goldman fails to account for the fact that 73% of Masco's sales stem from the repair and remodel market, which is roaring outside of new home construction. As home values rise, people spend more on their homes, he said.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,827.75 +12.81 0.07%
S&P 500 2,072.83 +5.80 0.28%
NASDAQ 4,787.3170 +29.0650 0.61%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs