NEW YORK (TheStreet) -- Answering questions sent him via Twitter, Jim Cramer explained how to play both sides in the Charter Communications  (CHTR) and Time Warner Cable  (TWCdeal Tuesday.

He believes the deal will work and that Charter is a very smart company. At this level, Cramer says, investors would be buying Charter underneath where some hedge funds are getting it, so he believes it's a buy.

On the other hand, he says he recommends ringing the register and taking some profits in Time Warner Cable. Even though he believes Time Warner Cable will likely go higher as well, Cramer's method is to take profits in the company that's being acquired and own the acquirer itself.

On the retail front, Cramer said both Michael Kors (KORS) and Abercrombie & Fitch  (ANF) have been in downtrends. He maintains that the only apparel company he's currently interested in is VF Corp.  (VFC).

On airlines, Cramer thinks additional cuts are likely American Airlines  (AAL), and as long as that's the case, he won't call a low. As for 3-D printing stocks, he's staying away from the group altogether.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.

More from Investing

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

AMD Shares Are Soaring, But How Long Can the Good Times Last?

AMD Shares Are Soaring, But How Long Can the Good Times Last?

Will Kraft Heinz Buy Pepsico or Mondelez?

Will Kraft Heinz Buy Pepsico or Mondelez?

Ford CEO Jim Hackett Driving Future of Mobility in Detroit - Ford Jr. Cheers

Ford CEO Jim Hackett Driving Future of Mobility in Detroit - Ford Jr. Cheers

What Angela Merkel's Uncertain Political Future Means for Greece's Debt Woes

What Angela Merkel's Uncertain Political Future Means for Greece's Debt Woes