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TheStreet Open House

[video] Quick Take: Cramer: Watch Kroger, Whole Foods

NEW YORK ( TheStreet) -- With all of the news regarding Syria, TheStreet's Jim Cramer tells Brittany Umar a couple of his favorite domestic plays.

Kroger (KR) reports earnings on Sept. 12 and Cramer will certainly be watching, but perhaps for difference reasons than you may think.

He wants to get a tell of how things might be going for Whole Foods Market (WFM).

Because of the oversea problems, particularly with Syria, Cramer added that he wants a domestic play with high growth, and nothing fits the description better than Whole Foods.

He went on to say that he does indeed like Kroger as well, especially with its focus on private label items.

With the recently weak nonfarm payrolls report released last week, investors have started to shift back into pharmaceuticals and supermarkets, he said.

Cramer concluded that he likes Whole Foods at its current level and Kroger at levels approximately $1 per share lower.

Video.

Bret Kenwell currently writes, blogs and also contributes to Robert Weinstein's Weekly Options Newsletter. Focuses on short-to-intermediate-term trading opportunities that can be exposed via options. He prefers to use debit trades on momentum setups and credit trades on support/resistance setups. He also focuses on building long-term wealth by searching for consistent, quality dividend paying companies and long-term growth companies. He considers himself the surfer, not the wave, in relation to the market and himself. He has no allegiance to either the bull side or the bear side.

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