On CNBC’s Mad Money, Jim Cramer said that the shoe business has gotten a little tougher, but in the long term, it would be better to buy Skechers USA Inc (NYSE: SKX) than to sell it.
The car rental companies should not be bought, thinks Cramer. He doesn’t want to own Avis Budget Group Inc.(NASDAQ: CAR) and Hertz Global Holdings Inc (NYSE: HTZ) because their earnings are going to be lower.
Toll Brothers Inc (NYSE: TOL) is a great long-term buy, because it has good land and it makes good homes, believes Cramer. He is not rushing to buy it because in the short term it is going to be impacted by the Fed’s interest rates decision.
Cramer is a buyer of every pullback in L Brands Inc (NYSE: LB). He is impressed by the CEO of the company.
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