Buy Jones Apparel (JNY) , 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
contract, $15!" He also said he likes
( JCG) and
"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
, 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.
Cramer was less bullish on
( KFT), although the company has weathered consumer headwinds. He prefers
, he said.
"I have to tell you that we are in the throes of an earnings renaissance," Cramer said. He pointed out bullish action in shares of
. "Where is the recession by the way?" he said.
continue to go higher," Cramer pointed out. "They make a lot of money ... for their shareholders," he said of the companies' CEOs.
Cramer wondered why
wasn't trading lower on news of new charge-offs.
At the time of publication, Cramer was long Goldman Sachs.
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