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Jim Cramer on Macy's Store Closures

Macy's plans to close stores and Jim Cramer thinks the stock is one to trade.
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TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer commented on Macy's (M) plan to close 100 stores by next year. 'Macy's is a trade,' Cramer said, praising JPMorgan retail analyst Matt Boss. In the retail sector, Cramer is fond of Dollar Tree (DLTR) , Dollar General (DG) , Costco (COST) , Ross Stores (ROST) , TJX Companies (TJX) and Walgreens Boots Alliance (WBA) .

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