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Buy Jones Apparel (JNY Quote), Jim Cramer said on CNBC's "Stop Trading" segment Wednesday.
"[Jones CEO] Wes Card has put it together," Cramer said. "Great quarter, big dividend, accelerated buyback, huge Wal-Mart (WMT Quote) contract, $15!" He also said he likes J. Crew (JCG Quote) and Phillips-Van Heusen (PVH Quote).
"I'm liking this tape," Cramer said of broader market action. "The institutions are free to mark up. ... Watch em rip."
Cramer said he liked earnings reports from several companies, including Ingersoll Rand (IR Quote), which he praised for getting away from cyclically sensitive business. The stock is "still down huge," he said, but "the company is now smoking." He said he liked Ingersoll's climate control business. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
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DOWN
154.48
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DOWN
19.14
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DOWN
37.61
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DOWN
0.48
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10 Yr
3.23%
SPDR Gold
115.06
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|
-1.48%
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-1.72%
|
-1.73%
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-1.46%
|
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