He pointed out that Stephen Mandel, founder of Lone Pine Capital, recently filed to reveal a "substantial stake" in Michael Kors. Cramer said if consumers are going to continue spending, Michael Kors should do well.
"I like KORS here for a trade," Cramer concluded, "I think it can go much higher."
-- Written by Bret Kenwell in Petoskey, Mich. Follow @BretKenwell
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