Jim Cramer Reveals Why Shares of Children's Place Fell Thursday

TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said the bears will try to knock down shares of Children's Place.
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TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said the bears will try to knock down shares of Children's Place (PLCE) - Get Report by focusing on gross margins.

But the company posted a 13.2% rise on comparable store sales for its most recent quarter. 

"When you get a double-digit comp number, it's very heard to keep [the stock] down," Cramer noted. 

Home Depot (HD) - Get Report shares went down immediately after the company reported earnings last week and the stock is now 9 points above that level.

"It turned out to be an amazing buying opportunity," Cramer noted.