NEW YORK (TheStreet) -- On CNBC's "Cramer's Mad Dash" segment, Jim Cramer said investors have to be wary of selling Nordstrom (JWN - Get Report) as long-term, the retailer has a great plan of action. He cited the store's movement in New York City and its slow roll-out in Canada.
"Bowing out of Nordstrom mid-stream is not a good idea," Cramer said.
Cramer noted that Nordstrom has been spending billions of dollars to keep up with Amazon.com (AMZN - Get Report) , and Nordstrom stock has done quite well. He cited Nordstom's "blow-out quarter." Nordstrom reports fourth quarter earnings Thursday.
Goodyear (GT - Get Report) is doing very well in a tough industry, Cramer said. He cited charges of other countries dumping tires into the U.S. market, but said "if your business is strong because auto sales are strong, Goodyear goes higher."
Cramer said Goodyear is a good, inexpensive stock. "It's not my favorite because at any given moment, the Chinese Communist Party may say, 'Let's just destroy them,' and it takes a little while for the U.S. to figure out. ... Goodyear's good for balance."
Everything that goes into a car is doing well, he said, citing Cooper Tire (CTB - Get Report) and Genuine Parts (GPC - Get Report) , because the U.S. industry is making 17 million cars a year. Cooper Tire reports earnings next week.
"It's been a sucker's play to to bet against the autos beginning in 2015," Cramer said.
-- Written by Anthony Buccino in New York