Cramer Shares His Thoughts On Under Armour, Skechers And Target

On CNBC's Mad Money, Jim Cramer said that Under Armour Inc UA can stop trading lower if it posts a positive earnings report and changes the minds of bearish analysts. Otherwise, investors who own it are facing a broken momentum. Cramer added that the stock won't become cheap until many more points from its current price.

Cramer likes Skechers USA Inc SKX, but the market is in a bear mode and it is a terrible environment for even the best stocks. The stock is one of the best, but it won't reflect anything good right now, because the market won't let it happen, said Cramer.

Target Corporation TGT is not expensive and it has a good yield, believes Cramer. He likes the retail space when the weather is cold and getting colder. His charitable trust fund owns the stock.