RealMoney Radio Mailbag: Retail Roundup
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.
What is your take on Corning (GLW) - Get Report?-- Stephen from Queens
James J. Cramer:
I believe Corning is a great buy ahead of the holiday season, when LCD television sales are likely to be very strong. Trading at 24 times earnings, Corning is a bit pricey, but the company fits right in with my product cycle tech thesis. I believe it probably doesn't have much downside from here.
Jim, do you like Gap (GPS) - Get Report?-- Peter from Arkansas
James J. Cramer:
With 3,000 stores, I believe Gap is a mature company with limited opportunity for growth. The hip young adults who drive trends don't shop there anymore. Over the long-term, I believe shares of younger, hipper retailers with room to grow like
Urban Outfitters
(URBN) - Get Report
will outperform Gap.
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