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.


WATCH:
Jim Cramer on Pfizer/AstraZeneca, AT&T Deals; Whirlpool Downgrade
More videos from Jim Cramer

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

More from Opinion

Why Ether and Ripple -- But Not Bitcoin -- Prices Might Come Under Pressure Soon

Why Ether and Ripple -- But Not Bitcoin -- Prices Might Come Under Pressure Soon

Daily Chatter: Here's Where the Markets Stand After Tuesday's Beating

Daily Chatter: Here's Where the Markets Stand After Tuesday's Beating

3 New Investing Myths That Must Be Busted

3 New Investing Myths That Must Be Busted

Why a Global Stock Market Crash Is Coming

Why a Global Stock Market Crash Is Coming

Sears CEO Eddie Lampert Looks Like He Is Sucking Company Dry

Sears CEO Eddie Lampert Looks Like He Is Sucking Company Dry