deserve better than they're getting after reporting strong earnings, Jim Cramer said on
"Stop Trading!" segment Wedneday.
"Both of these are being reacted to as if they had the plague," said Cramer. At CSX, where profit more than doubled in the April-to-June period, "this was one beautiful quarter. They're so shareholder friendly; I don't know what people are doing selling that stock."
Cramer said the 6% run in
makes more sense. "The North Face division is on fire," he said. "This is one of the best-run companies in America. People have been trying to bet against them for a long time. Give me a break."
Looking at the broader market, where the
was up more than 200 points, Cramer said stocks' oversold condition was a bigger factor than
Chairman Ben Bernanke's congressional testimony. "When you're this oversold, we look at the glass as half full."
For the bears, Cramer said, "Maybe your day is tomorrow."
At the time of publication, Cramer had no positions in the stocks mentioned.
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