NEW YORK (TheStreet) -- Adobe (ADBE) reported that Black Friday online sales surpassed the $3 billion mark for the first time ever, hitting $3.34 billion. This represents a 21.6% year-over-year growth in sales.
While some people debated the figures, Adobe's numbers are "very real" because it "actually has the data," TheStreet's Jim Cramer said on CNBC's "Squawk on the Street" Monday. Adobe measures 80% of all online transaction from the top 100 U.S. retailers -- the most of any tech company -- and based this report on data from 22.6 billion visits to retail websites.
Adobe "has the transactions. This is the first time. It's not a poll. It's not a guy guessing. It's not, 'Well, I have a sample.' Those are the numbers. The numbers are good. Let's not out-think this," he argued.
The Black Friday numbers are "strong" because stores have the right merchandise to accommodate the colder weather and because the environment always looks better after an election, Cramer noted. Specifically, investors can track the correlation between the colder weather and retail stock performances through Columbia Sportswear (COLM) and VF (VFC) .
Both Ross (ROST) and TJX (TJX) were previously concerned about having enough excess inventory, although some say Macy's (M) closing stores indicates that there is enough, Cramer noted. "But overall we have to remember that a lot of this big ticket stuff is going," he added.