This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Jim Cramer's Mad Dash: Individual Retailers Should Do Better

NEW YORK (TheStreet) -- Monthly retail sales were the focus on CNBC's "Cramer's Mad Dash" segment. The numbers underwhelmed investors, as sales rose 0.1%, versus an expectation of 0.4%. 

TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, called it a "show-me-the-money situation." However, he is looking for individual retail companies to report better-than-expected sales results, which would seem to contradict today's results. 

He took a look at some analyst calls in the retail sector. Specifically, RBC Capital Markets called Nordstrom (JWN) a buy, while Sterne Agee said investors should get into Kohl's (KSS)

Both companies report earnings on Thursday. 

Cramer concluded that he expects sales to be good from individual retailers. "I like the group," he said, "I would like to get behind" all of them, with the exception of Target  (TGT)


-- Written by Bret Kenwell in Petoskey, Mich.


WATCH:
Jim Cramer on Pfizer/AstraZeneca, AT&T Deals; Whirlpool Downgrade
More videos from Jim Cramer

At the time of publication, Cramer's Action Alerts PLUS had no position in companies mentioned.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $124.62 -0.94%
FB $78.25 0.89%
GOOG $528.37 -0.46%
TSLA $230.42 -1.10%
YHOO $41.42 0.29%

Markets

DOW 17,850.14 -78.06 -0.44%
S&P 500 2,086.20 -3.26 -0.16%
NASDAQ 4,930.7030 -8.6240 -0.17%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs