This column was originally published on RealMoney on May 23 at 11 a.m. EDT. It's being republished as a bonus for TheStreet.com readers. For more information about subscribing to RealMoney, please click here.
No sooner did I ask for it than I got it:
had been the drag.
It made so much sense. Gasoline at $3 and change. People feeling poor. The endless "my house is not going up in price" rap. And the maxed-out credit story that has been around for decades.
, which had been one of the bad ones, pulls a BUD (meaning a company that we thought was doing badly that is actually optimistic, like
says things are good and getting better.
It is just what the vet -- the bull doctor only, of course, unless you want to euthanize a bear or two -- ordered. Now you can send up a critical group while others take a break.
Oh, and it doesn't hurt that
gave you a little mojo, too, with an entirely predictable
upside surprise that, alas, was just surprising enough to move the stock up sharply.
What's all of this about? It turns out that much of the weakness we saw in mainstream retailers
calendar-related. Now we are back to a little more normal situation, and while it's not great, it isn't as bad as the stocks indicate.
My faves --
-- have truly been held down long enough.
Time to buy them, too.
If you love following stocks as much as I do and want to help me help people make money, you're someone I need. I'm looking for an experienced research assistant based in the New York metro area to help me out. (CFAs welcome.) Please send your resum
and cover letter to
firstname.lastname@example.org, with "research assistant" in the subject line.
At the time of publication, Cramer was long Sears Holdings.
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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