Foot Locker (FL - Get Report) are up about 1% Thursday but down more than 5% over previous five trading sessions, another effect of a retail sector under pressure after many companies reported disappointing earnings results.

Foot Locker is scheduled to report its results on Friday before the open. TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, thinks Foot Locker is "a really good company" that has too much exposure to the mall. 

Right now, mall-based retailers are struggling badly, with the exception of American Eagle Outfitters (AEO - Get Report) , which reported great results, Cramer pointed out.

It doesn't help that shares of Nike (NKE - Get Report) , whose products Foot Locker sells, have been under a lot of pressure lately, too. All of these factors make it hard to pick a direction on Foot Locker, he said, adding, "I don't like to go where I don't know.".

He noted Real Money contributor Bruce Kamich has done some "remarkable" work and "has correctly identified almost all the weakness in retail." 

To bet against Kamich is a "dangerous thing," he concluded.

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