Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".
NEW YORK ( TheStreet) -- Retail sales may not yet be out of the woods, but Jim Cramer told Debra Borchardt at TheStreet.com Thursday that he'd be a buyer of Gap Stores ( GPS - Get Report) after the company both reported earnings and announced the acquisition of Intermix, a high-end retailer. Cramer said Gap remains a well-run company and investors shouldn't be concerned the stock didn't immediately pop on the news. He said unlike a lot of retailers, there aren't a lot of investors shorting Gap, which makes for a more stable stock price. Cramer said he likes that Gap will now have multiple brands under one roof, as Urban Outfitters ( URBN - Get Report) does, and would use any weakness in the stock to start a position. To sign up for Jim Cramer's free Booyah! newsletter, with all of his latest articles and videos, please click here. -- Written by Scott Rutt in Washington. To email Scott about this article, click here: Scott Rutt Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC