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.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV