Jim Cramer's Mad Dash: Retail Should Get a Boost

NEW YORK (TheStreet) -- Jim Cramer took a look at retail stocks during CNBC's "Cramer's Mad Dash" segment following some key earnings reports.

The co-manager of the Action Alerts PLUS portfolio noted investors had high expectations for Home Depot (HD) before the company beat on the top and bottom lines and saw comparable-store sales rise 5.8%. 

On the other end of the spectrum, Cramer said shares of TJX Companies (TJX) are higher by 7%, following its top and bottom line beat. However, investors had much lower expectations for the company. 

Analysts' estimates for TJX Companies will need to increase since the bar has been set so low, he suggested. 

Individual retail stocks are going to rebound such as TJX Companies, Home Depot and Dick's Sporting Goods (DKS) as investors begin to put money to work in the sector over the next few trading sessions, he reasoned. 

Don't forget that lower gasoline and natural gas prices will keep more money in consumers' pockets, Cramer concluded. 

-- Written by Bret Kenwell in Petoskey, Mich.

Follow @BretKenwell

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

More from Opinion

AAP Exclusive: Cramer Says The President is No Longer on the Side of the Bulls

AAP Exclusive: Cramer Says The President is No Longer on the Side of the Bulls

Why It Makes Perfect Sense for Netflix and Amazon to Buy Up Movie Theaters

Why It Makes Perfect Sense for Netflix and Amazon to Buy Up Movie Theaters

2 More Reasons to Sell All Your Stocks and Run Away

2 More Reasons to Sell All Your Stocks and Run Away

Sean Hannity's Link to Trump Lawyer Raises Questions: Doug Kass Insider

Sean Hannity's Link to Trump Lawyer Raises Questions: Doug Kass Insider

Netflix Blowout Earnings Remind Investors of One Thing: This Company Is a Beast

Netflix Blowout Earnings Remind Investors of One Thing: This Company Is a Beast