Jim Cramer was "pounding the table" Friday in
"Stop Trading!" segment.
Falling commmodity prices will boost margins for retailers that sell into the homebuilding market, Cramer said. He said he particularly likes big retailers in the wake of the recent decline in energy and other commodity prices.
While the media wrings its hands about companies like
being potentially overburdened with too many goods going into the holiday shopping season, Cramer said having inventory in retail right now is actually "two thumbs up."
As a result, Cramer said he is rotating into
, as he expects consumer spending to remain strong. "Wake up and smell the inventory," he counseled. "Bears are going to get overrun."
Cramer said that's partly so because the market is so healthy right now, negative headlines aside. The spring runup that peaked May 11 was narrowly focused on commodity stocks, Cramer said, as investors bet on the commodity bubble. But now that has popped, and the stocks leading the recent highs are financials, drugs and even tech.
"Everything good is running now," Cramer said. "What's not to like?"
Cramer also sees opportunity in the big auto companies despite the massive selling Friday following
big cutback plan. Cramer said he would buy Ford because eliminating the dividend shows that "the Ford family means business" with the latest restructuring effort.
should all rise from Friday's depressed levels as well, Cramer said.
At the time of publication, Cramer was long Sears.
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