NEW YORK (TheStreet) -- Answering questions sent him via Twitter, Jim Cramer explained how to play both sides in the Charter Communications (CHTR - Get Report) and Time Warner Cable (TWC) deal 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 - Get Report) have been in downtrends. He maintains that the only apparel company he's currently interested in is VF Corp. (VFC - Get Report).
On airlines, Cramer thinks additional cuts are likely American Airlines (AAL - Get Report), 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.