Jim Cramer Gives His Opinion On Simon Property Group And Dicks Sporting Goods

Jim Cramer spoke on CNBC's "Mad Money" about Simon Property Group Inc SPG.

He heard on the conference call of Urban Outfitters, Inc. URBN that its rents are coming down, which means that Simon Property Group is going to have a lower revenue, because its rents are going to come down too. He would be a seller of Simon Property Group.

Cramer didn't like the conference call of Dicks Sporting Goods Inc DKS. The company is going to be in trouble for a couple of quarters, because of a large inventory. He thinks that it's not too late to sell Dicks Sporting Goods.