Jim Cramer Advises His Viewers On Skechers And Starbucks

Jim Cramer said on CNBC's Mad Money that Skechers USA Inc SKX is trying to find its base. The company reported a decent quarter, but it wasn't enough for a high multiple stock. He has faith in the management and he would not sell the stock.

Cramer lowered his expectations about Starbucks Corporation SBUX. He no longer expects to see the stock at its all-time high any time soon.