This Day On The Street
Continue to site
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

Jim Cramer's Mad Dash: Shares of DSW Can March Higher

NEW YORK (TheStreet) -- Shares of DSW (DSW - Get Report) are up almost 10% following the footwear retailer's top- and bottom-line earnings beat. 

"This was a terrific quarter!" TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said on CNBC's "Cramer's Mad Dash" segment. 

Read More: 7 Stocks Warren Buffett Is Selling in 2014

Earlier in the year, shares of DSW got "hammered" down to the low $20s, Cramer explained, making it a great buy and a potential buyout candidate at the time. 

Now the company is making a comeback as comparable-store sales results are improving. The stock provides a lot of value and is underrated, Cramer said, adding, "I think it goes higher." 

Turning to GT Advanced Technologies (GTAT) , Cramer called it a "speculative play," but added that if its sapphire technology is in Apple's (AAPL) new iPhone 6 screen, the stock could perform quite well. 

Read More: Delta Is Right on the Ex-Im Bank; Too Bad the Tea Party Is Its Biggest Ally

-- Written by Bret Kenwell in Petoskey, Mich.

Follow @BretKenwell

At the time of publication, Cramer's Action Alerts PLUS had no position in companies mentioned.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr 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

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
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!
SYM TRADE IT LAST %CHG
DSW $37.77 -1.30%
AAPL $130.69 -1.50%
FB $81.04 -1.10%
GOOG $553.55 -0.33%
TSLA $230.50 -0.45%

Markets

DOW 18,089.92 +51.95 0.29%
S&P 500 2,113.33 +4.41 0.21%
NASDAQ 5,057.1960 -3.05 -0.06%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs