Why Jim Cramer Thinks RH Is a 'Winner'

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Warren Buffett's Berkshire Hathaway (BRK.A) - Get Report launched new positions in RH (RH) - Get Report , the company formerly known as Restoration Hardware, and Occidental Petroleum (OXY) - Get Report , according to a filing with the Securities and Exchange Commission.

Berkshire's 13-F filing, which reported the company's shareholdings as of the end of September, revealed a stake of 1.2 million shares in RH.

When asked about RH, Jim Cramer responded, "it's a winner."

"Buffett owns one of the largest furniture marts in the world and I think the furniture mart people have said, you know what? This is really great stuff at RH. So RH is a winner. I like it very much," said Cramer.

Watch the full video above.