Stop Trading!
Cramer's 'Stop Trading!': Buy Sears
TheStreet.com Staff
12/04/08 - 03:32 PM EST
Some retail stocks, such as Wal-Mart(WMT Quote), are faring better than others, said Jim Cramer on Thursday's "Stop Trading!" segment on CNBC. "Others I regard as simply not going out of business," he said. "That's the action I see in Sears(SHLD Quote)."
Cramer said that Chairman Eddie Lampert has been receiving a disproportionate amount of bad press lately. "There's probably 51 negative articles about Eddie," he said. "News isn't that bad there. Look at the stock!"
"In the end, if you think housing's going to bottom, Lowe's(LOW Quote), Home Depot(HD Quote) and, yes, even Sears(SHLF Quote) are buys."