Jim Cramer: J.C. Penney Is Grabbing Share From Macy’s

A newly reinvigorated J.C. Penney (JCP) - Get Report is stealing market share from Macy's (M) - Get Report , said TheStreet's Jim Cramer. He said J.C. Penney has a very good beauty parlor business and the management is skillful. Taking all this into account, Cramer said the smartest play is to buy Estee Lauder (EL) - Get Report because make-up sales are beautiful right now.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.