Cramer was talking shoes: Says Nike (NKE) still doing well, but K-Swiss (KSWS) is not and it may even be a "value trap" where it looks cheap but isn’t.  The multiples look different each way, butthe comparable metrics that Wall Street uses are opposite from valuations.

Under Armour-UA (ex-UARM) is his favorite in the sports group.

Crocs-CROX thinks they are doing things right.

Heely’s-HLYS not that big of a fan even though he liked the IPO.