Analysts think HP has a weak product portfolio, said TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, during CNBC's "Stop Trading" segment. Cramer thinks HP's plan to split up will give CEO Meg Whitman more flexibility.
So far, the upgrade has been enough to keep the stock from trading lower on the session. Perhaps this is an company with international exposure than can withstand the current selling pressure in the market, Cramer said.
According to Cramer, Supervalu is a domestic retail play whose shares shouldn't go down because of geopolitical issues overseas.