NEW YORK (TheStreet) -- On his Tuesday Stop Trading! segment on CNBC, Jim Cramer said that we're in a "big shoe bull market," right now.
"That particular part of the apparel business is very strong," Cramer said. He agreed that it's being driven by women and is "hotter than jean tops and sweaters."
"Nike's coming back ...
has been terrific," Cramer said, while noting that he also likes
, and is especially enthusiastic about
, which was upgraded by
to buy from hold.
Cramer added that he thinks Finish Line stock -- currently trading at $16.62, can go to $22 or $23, without a problem.
was another stock Cramer touched on, because of its boots. "That's another hot area," he said.
On Tuesday, Cramer said that the market has "ceased to make sense," and that it's "all technically-driven." The only fundamental news, he said, driving the market is the euro. "The transport group is on fire, yet their business isn't so hot," he mused.
Cramer noted that this is one of those markets where "traditional tech," such as
have became "so cheap" compared to industrials like
. Of the telecom stocks, Cramer was particularly bullish about
, which he thinks can go to $6.
Cramer's Stop Trading!: Cirrus Logic
-- Reported by Andrea Tse in New York
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