Jim Cramer's Mad Dash: Individual Retailers Should Do Better

NEW YORK (TheStreet) -- Monthly retail sales were the focus on CNBC's "Cramer's Mad Dash" segment. The numbers underwhelmed investors, as sales rose 0.1%, versus an expectation of 0.4%. 

TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, called it a "show-me-the-money situation." However, he is looking for individual retail companies to report better-than-expected sales results, which would seem to contradict today's results. 

He took a look at some analyst calls in the retail sector. Specifically, RBC Capital Markets called Nordstrom (JWN) a buy, while Sterne Agee said investors should get into Kohl's (KSS). 

Both companies report earnings on Thursday. 

Cramer concluded that he expects sales to be good from individual retailers. "I like the group," he said, "I would like to get behind" all of them, with the exception of Target  (TGT). 


-- Written by Bret Kenwell in Petoskey, Mich.


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At the time of publication, Cramer's Action Alerts PLUS had no position in companies mentioned.

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