Cramer said that the retailer, along with
, is a leader in the sector. "I was too negative about all of retail last week," Cramer said. He said he also likes
. "VF Corp is doing better than its cohort," he said.
The most important thing today is the bullish tape, Cramer said. He pointed out that even though
has lost the capital it recently raised, it's up. "The tape is being colored by bulls," he said.
, up today after issuing bearish guidance, is another example, Cramer said.
Cramer said the tech sector is providing leadership. "
Research In Motion
( RIMM) is great.
is great," he said. He reminded viewers to own Apple shares until the company releases its 3-G phone. He also said that
is showing strength in the financials sector.
As shares of
ticked higher on a potential settlement of its buyout deal, Cramer said that another radio deal with
didn't work out.
"This is remarkable action," Cramer said. He said that in spite of his objections, rallies like the one today do occur.
Jim Cramer writes about all the stock trades in his charitable trust for TheStreet.com in Action Alerts Plus. Recent stocks he's traded in this account include Schering-Plough (SPG) - Get Simon Property Group, Inc. Report, Yamana Gold (AUY) - Get Yamana Gold Inc. Report and Inverness Medical( IMA).
At the time of publication, Cramer had no positions in any of the stocks mentioned.
Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for
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