RealMoney Radio Mailbag: Urban Outfitters Still Fits

Cramer tells a listener why he'd hold on to the stock here.
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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.

Jim, is it time to get out of Urban Outfitters (URBN) - Get Report?-- Troy from Hawaii

James J. Cramer:

Actually, I would hold on to Urban here. The company is a great long-term play on the demise of

Gap

(GPS) - Get Report

, due to its hipper merchandising lines and small store base. The stock is a bit expensive, trading for about 24 times forward earnings, so I'd wait for a pullback before buying, but I would definitely hold the stock.

I just read that Broadcom (BRCM) came up with a decoder chip that works in both next-generation DVD formats. Is it time to buy the stock?-- Jeff from California

James J. Cramer:

While this is definitely good news, I like Broadcom more for its exposure to Bluetooth/wireless, especially after all the bullish news coming out of the Consumer Electronics Show. I'm surprised the stock isn't rallying harder, and I do believe it is a good buy here.

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clicking here

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