Wall Street still really hates retail stocks. 

Short interest as a percentage of the SPDR S&P Retail ETF (XRT - Get Report) has been on an uptrend since the start of the year, as retailers like Macy's (M - Get Report) and Sears (SHLD) continue to struggle and shutter stores en masse. 

But not every retail stock looks like a dog. 

Children's Place Inc. (PLCE - Get Report) is one of the few retailers that have done well this year, with shares climbing almost 18% in 2017. On Tuesday alone, shares were up almost 4%. Investors hope that means good results are on the way when the company reports earnings on Wednesday before the open.

CEO Jane Elfers is a "miracle worker," TheStreet's founder Jim Cramer, who also manages the Action Alerts PLUS charitable trust portfolio, said from the floor of the New York Stock Exchange Tuesday.

"Unfortunately, the stock just went up $10" in less than a week, Cramer pointed out. "Fortunately, it's an inexpensive stock," he added. Shares trade at 15.5 times forward earnings estimates, while analysts expect 33% earnings growth in 2017 and an additional 6.5% growth in 2018.

Meanwhile, being short retailers that may have set expectations low enough could prove a disastrous move. Shares of Polo Ralph Lauren (RL - Get Report) and Michael Kors (KORS) surged on Tuesday following much better than expected earnings. 

Here is TheStreet's exclusive interview with Children's Place Jane Elfers for our new 'Alpha Rising' series. 

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