"I think the consumer's back," said Jim Cramer on CNBC's "Stop Trading!" segment on Thursday.
He said that
"had an unbelievable number" and should be an example to investors. "People should look at Kohl's and say, 'You know what? We're too negative.'"
"The fact is, people are spending, not hoarding," said Cramer, and he said stocks such as
As for real estate, Cramer said that the likelihood that foreclosed property will be up for sale on
in January is also a good sign. "eBay could revolutionize the Florida real estate market," he said. "I regard this as very positive. It's also positive for eBay," which Cramer owns for his
(Editor's note: At the time of publication, Cramer owned eBay for his Action Alerts PLUS charitable trust.)