Jim Cramer's Stop Trading: Lower Gas Prices Could Help Macy's, Kohl's, Retailers

NEW YORK (TheStreet) -- It was only a matter of time before people started talking about the consumer having more money in his or her pocket due to lower gasoline prices, TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said on CNBC's "Cramer's Stop Trading" segment. 

Stocks like Macy's (M) and Kohl's (KSS) are higher, despite the disappointing earnings report from Michael Kors (KORS), and that's likely because gasoline is so low, Cramer said. 

Lower gas prices mean consumers have more money to spend. When combined with the back-to-school season, these retailers could get a much needed boost, he concluded.

-- Written by Bret Kenwell in Petoskey, Mich.

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

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