A good employment number and some well-timed analyst revisions could extend Thursday's retail rally into the weekend, Jim Cramer said on
"Stop Trading!" segment Thursday.
as potential beneficiaries.
For department stores, "May was the strongest month I have seen in a number of years," Cramer said. "Not only that, but their inventories are really low, so the estimates have to come up." Analysts "will all come out tomorrow and say we were too low. We get the right employment report, and we get a second-day rally in retail."
Cramer was bearish on retailers that cater to the less affluent:
. "Those are the guys that are hurting. Everyone else is having a field day."
Away from retail, Cramer noted "extraordinary action" in the recent initial public offering of
, which recently traded at $47.55. The IPO "was originally supposed to price at $45. I think there's a lot more upside there." Cramer said MasterCard was initially victimized by the "
dog," whose story has become "the joke of the day."
Finally, Cramer said gold has farther to fall, saying "demand for gold is very bad."
At the time of publication, Cramer had no positions in 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
Action Alerts PLUS. Listen to Cramer's RealMoney Radio show on your computer; just click
here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click
here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click
here to get his second book, "You Got Screwed!" and click
here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by
TheStreet.com has a revenue-sharing relationship with Traders' Library under which it receives a portion of the revenue from Traders' Library purchases by customers directed there from TheStreet.com.