TheStreet's Jim Cramer discussed retail stocks from the floor of the New York Stock Exchange on Friday morning.
"Look, I don't like retail," Cramer said. "I don't like health care, I don't like retail. I can make some special situation in health care [because] I think Allergan (AGN) has some things in the pipeline. I like UnitedHealth (UNH) because it didn't go with Affordable Care. But I don't like retail" stocks.
Cramer noted that his charitable trust Action Alerts PLUS is in Costco, (COST) but that is because it is a membership play. Walgreens (WAG) is also a holding because of its plan to buy Rite Aid. (RAD)
"Retail is a loser here and maybe that's a blunderbuss but I just can't decide that in the age of Amazon, (AMZN) , which is not a retailer but a tech company that I am going to embrace some down and outer," Cramer concluded.