NEW YORK (TheStreet) -- Politico "is a very compelling story," said Jim Cramer on CNBC's "Stop Trading!" segment on Tuesday. It's "an interesting hybrid model that is really just a killer of the newspapers."
Cramer said that as a journalist-turned-hedge-fund-manager-turned-journalist, he's been rooting for
New York Times
. "These newspapers are unbelievable," he said. "You cannot lose these newspapers."
But when he listens to the
story, he said, "I'm saying, 'Doomed. Everybody's doomed.'"
has is growth, and what we really want out of a stock is growth," Cramer said. "New York Times and Gannett can't give us that."
Cramer said people have been "mesmerized" by
surge today and have found it hard to believe. "People keep thinking this company is going to screw up," he said. "I don't know why people want to be against this, in a period where travel's expensive and you save money using them."
"Priceline should not have been shorted," he said. "It's been a disaster to short."
He said it reminds him of
, which people also bet against in spite of its being a "loved company."
is a loved company, and that's getting hit," he said. "I'm wondering if Whole Foods we shouldn't revisit as a long."
Turning to retail, Cramer said that
"said a lot of good things" on its earnings call this morning and is up big since.
"They used the phrase 'People are willing to pay up for fashion,'" said Cramer. In Fossil's case, "you pay up for things you shouldn't necessarily have to pay up for," he said. "This is consumers willing to pay up for status. That went away for a year and a half. It's back."
If people are willing to pay up, he said, then it sheds light on Goldman Sachs' upgrade of
to its Conviction Buy list.
In particular, he directed viewers to
. "You pay up for Ugg," he said. He said that every time Deckers is down is "a great opportunity."
-- Written by Rebecca Corvino in New York.
(Editor's note: At the time of publication, Cramer owned Goldman Sachs for his Action Alerts PLUS charitable trust.)