RealMoney Radio Mailbag: Coach's 1-2 Punch

A listener learns why Cramer thinks the luxury handbag maker is a winner.
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Editor's note: The following are questions received from listeners of "RealMoney Radio." To send Cramer a question about topics from his radio show, click here. Listen to Cramer's latest radio show by clicking here.

Do you like Coach (COH) ?-- Dan from California

James J. Cramer:

I believe Coach is one of the best-managed luxury goods companies in the world, and it is also a great play on Japan. On a pullback to $33 or so I would definitely consider backing the truck up for Coach.

Is JP Morgan (JPM) - Get Report worth holding in light of the bondholder lawsuit that was filed last week?-- David from New York

James J. Cramer:

With the lawsuit or without, I would rather be in the brokers like

Goldman Sachs

(GS) - Get Report

or

Bear Stearns

(BSC)

rather than the big integrated banks like JP Morgan. That's because I believe that the brokers can do a better job of reacting to the unfavorable yield curve.

Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by

clicking here

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