Publish date:

Cramer's Stop Trading!: Shoe Bull Market

On his Tuesday Stop Trading! segment on CNBC, Jim Cramer says this is a "big shoe bull market."

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 ...


(SKX) - Get Report

has been terrific," Cramer said, while noting that he also likes


(DECK) - Get Report

, and is especially enthusiastic about

Finish Line


, 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.

Jones Apparel


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


(MSFT) - Get Report

TheStreet Recommends



(ORCL) - Get Report

have became "so cheap" compared to industrials like


(CAT) - Get Report

. Of the telecom stocks, Cramer was particularly bullish about


(S) - Get Report

, which he thinks can go to $6.

Cramer's Stop Trading!: Cirrus Logic

Click here for Cramer's Monday Stop Trading! segment.

-- Reported by Andrea Tse in New York


>>06/14 Cramer's Stop Trading!: Cirrus Logic

>>06/11 Cramer's Stop Trading: Bristol-Myers

>>06/09 Cramer's Stop Trading: Nike, Caterpillar

>>06/08 Cramer's Stop Trading: Exxon, Vodafone

Follow on


and become a fan on


Copyright 2010 Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.