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The research analysts at the brokerages firms have decided that they don't want market players to own retail stocks anymore, but this is incorrect, Jim Cramer said on his

"RealMoney" radio show Friday.

These analysts believe the retailers "have gone up way too much, way too fast," and that now it's time to lighten up on them. But these analysts are wrong, and the retail stocks are still cheap, especially when compared with stocks such as

PepsiCo

(PEP) - Get PepsiCo, Inc. Report

and

General Mills

(GIS) - Get General Mills, Inc. (GIS) Report

, Cramer said.

"I believe you'll make money if you hold onto the retailers," he said, adding that

J.C. Penney

(JCP) - Get J. C. Penney Company, Inc. Report

,

Limited Brands

(LTD)

,

TheStreet Recommends

TJX

(TJX) - Get TJX Companies Inc Report

and

Kohl's

(KSS) - Get Kohl's Corporation (KSS) Report

are still good and worth owning.

Cramer said he believes retail continues to be a good place to be because discretionary spending is higher than it used to be.

Darden Restaurants

(DRI) - Get Darden Restaurants, Inc. Report

has seen a "tremendous acceleration of spending at Olive Garden and Red Lobster," he added, rationalizing that these restaurants would not be doing well if "people felt poor."

"When these places do well, it shows me that the economy is better than expected and that the consumer is alive," Cramer said.

It's wrong when people sell stocks that break out of their ranges, after being stuck in the mud for a while, he went on to say. When a stock breaks out, that's when it starts "galloping."

This is what's happening with the retailers, Cramer said. People should not take money off the table right now, he stressed, because retailers "are still going higher."

To see the most recent edition of The RealMoney Radio Recap in its entirety, please click here. This recap is published every day around 3 p.m. ET.

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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