Foot Locker (FL) - Get Report are up about 1% Thursday but down more than 5% over previous five trading sessions, another effect of a retail sector under pressure after many companies reported disappointing earnings results.
Foot Locker is scheduled to report its results on Friday before the open. TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, thinks Foot Locker is "a really good company" that has too much exposure to the mall.
It doesn't help that shares of Nike (NKE) - Get Report , whose products Foot Locker sells, have been under a lot of pressure lately, too. All of these factors make it hard to pick a direction on Foot Locker, he said, adding, "I don't like to go where I don't know.".
He noted Real Money contributor Bruce Kamich has done some "remarkable" work and "has correctly identified almost all the weakness in retail."
To bet against Kamich is a "dangerous thing," he concluded.
At the time of publication, Cramer's Action Alerts PLUS had no position in companies mentioned.