Cramer Cranks Up The Heat On Laggard Hot Topic
Posted on April 14, 2010 at 16:36 PM EDT
On Tuesday’s Mad Money, Jim Cramer dressed in a ridiculous get-up in an attempt to resemble an oft forgotten spending giant, the American teenager. He calls the American teen “the most coveted shoppers out there; free spending, impulsive shoppers, who are totally unhampered by debt and don’t have bills to pay and can spend all day being mallrats.” Teens are hitting the malls again, which has been great news for such retailers as Aeropostale (ARO) and American Eagle (AEO), but those stocks have nearly doubled since the market bottomed last year. Instead, [More...]
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