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

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

He heard on the conference call of Urban Outfitters, Inc. (NASDAQ: 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 (NYSE: 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.

Posted-In: Mad MoneyCNBC Jim Cramer Media

 

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