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Retail's High End vs. Low End

By Jim Cramer

 About this article:
 Are we back to the old days of high end vs. low end in retail? That's what I think about when I look at the resurrection of Coach, Tiffany, Williams-Sonoma and Nordstrom. I regard these four as the best test of spending by the rich, and judging by their performance in the last couple of months, the rich are spending again. These stocks have been unremitting in their rallying, and they show no signs of stopping, and the Nordstrom ramp today continues the trend. Boy, is that stock up too high, in my opinion. Nevertheless, it doesn't matter. The facts bear out the run. But they are the only ones that have showed any life. Last week we saw a rollover in Family Dollar as well as stallings in Big Lots, Bed Bath & Beyond, TJX and Ross Stores. All four of those stocks look like...

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