Buy Costco ( COST), Jim Cramer said on CNBC's "Stop Trading" segment Monday.

Cramer said that the retailer, along with VF Corp. ( VFC), is a leader in the sector. "I was too negative about all of retail last week," Cramer said. He said he also likes TJX ( TJX). "VF Corp is doing better than its cohort," he said.

The most important thing today is the bullish tape, Cramer said. He pointed out that even though MBIA ( MBI) has lost the capital it recently raised, it's up. "The tape is being colored by bulls," he said. FedEx ( FDX), up today after issuing bearish guidance, is another example, Cramer said.

Cramer said the tech sector is providing leadership. " Research In Motion ( RIMM) is great. Apple ( AAPL) is great," he said. He reminded viewers to own Apple shares until the company releases its 3-G phone. He also said that MasterCard ( MA) is showing strength in the financials sector.

As shares of Clear Channel ( CCU) ticked higher on a potential settlement of its buyout deal, Cramer said that another radio deal with Cumulus Media ( CMLS) didn't work out.

"This is remarkable action," Cramer said. He said that in spite of his objections, rallies like the one today do occur.
Jim Cramer writes about all the stock trades in his charitable trust for TheStreet.com in Action Alerts Plus. Recent stocks he's traded in this account include Schering-Plough (SPG), Yamana Gold (AUY) and Inverness Medical (IMA).
At the time of publication, Cramer had no positions in any of 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. Watch Cramer on "Mad Money" weeknights on CNBC. Click here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click here to order his 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 clicking here.

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.

If you liked this article you might like

Qualcomm Nets Wireless Licenses in India

Qualcomm Nets Wireless Licenses in India

SEC Probes Other Deals: Report

SEC Probes Other Deals: Report

Cramer's 'Mad Money' Follow-Up: April 15

Cramer's 'Mad Money' Follow-Up: April 15

Cramer's 'Mad Money' Follow-Up: April 14

Cramer's 'Mad Money' Follow-Up: April 14

Cramer's 'Mad Money' Follow-Up: March 25

Cramer's 'Mad Money' Follow-Up: March 25