September 19th - SBUX

Cramer started out by looking at Abercrombie & Fitch Co. (ANF) and used it as an example of how to spot a bottom. The company got hit with high oil prices which took down consumer spending and put out a confusing earnings report but said they would still hit their numbers. The stock was downgraded and people panicked, even the institutions. The bottom line was that if a stock gets downgraded based on investor Sentiment and not numbers, then that is a good sign of a bottom.

Next Cramer looked at Starbucks Corp. (SBUX) and said it came down due to a new slow to make drink that brought down same-store sales. Cramer said this was a short term problem and called a buy and said they should beat their numbers next time. Although the stock is at an ok price point for shorting off a Cramer recommendation its just too big and well known for my liking. The stock was up $0.37 or 1.1% after hours.